Reach Stacker Market Forecasts to 2028 – Global Analysis By Vehicle Type (Commercial Vehicles, Passenger Cars), Application (Loading/Unloading Trailers, Airports, Railway), End User (Sea Ports, Landside), and By Geography
According to Stratistics MRC, the Global Reach Stacker Market is accounted for $376.55 million in 2020 and is expected to reach $595.65 million by 2028 growing at a CAGR of 5.9% during the forecast period. Increasing trade activities between economies and government spending and increasing the capacity of existing ports to increase the volume handling capacity of the ports are driving the market growth. However, aggressive monitory policies may hamper the growth of the market.
A reach stacker is a vehicle used for handling intermodal cargo containers in small terminals or medium-sized ports. Reach stackers are able to transport a container very quickly and pile them in various rows depending on their access.
Based on the propulsion type, the internal combustion (IC) engine vehicle segment is going to have lucrative growth during the forecast period due to the rise in the demand for heavy load lifting machines. Stringent rules and regulations for engine-powered reach stackers are expected to propel the demand for the electric reach stacker market.
By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing demand from various industries such as steel, construction, agriculture, chemicals, and electrical utilities and demand for container handling equipment. APAC has large ports for container handling
Some of the key players profiled in the Reach Stacker include Anhui Jac International Co., Ltd, BOMAQ Industries SLU , Cargotec Corporation, CVS Ferrari SpA, Dalian Forklift Co., Ltd., Hoist Material Handling, Inc., Hyster-Yale Group, Inc., Jay Equipment & Systems Pvt. Ltd., Komatsu Ltd, Konecranes, Liebherr Group, Linde Material Handling, Mitsubishi Forklift Trucks, SANY Group, Task Forklift, Taylor Machine Works, Inc., Terex Corporation, and Toyota Material Handling.
Estimated Market Size in 2020:
USD 376.55 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 595.65 million
Tables, Graphs & Figures
|Maximum Capacity, Vehicle Type, Fuel Type, Propulsion Type, Tonnage, Vehicle, Drive Type, Operation, Application, End User, Sales Channel and Region|
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Maximum Capacities Covered:
• Below 30 Tons
• 30-45 Tons
• Above 45 Tons
Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars
Fuel Types Covered:
• Compressed Natural Gas
• Liquified Petroleum Gas
Propulsion Types Covered:
• Hybrid Vehicle
• Internal Combustion (IC) Engine Vehicle
• Full Container Reach Stackers
• Empty Container Reach Stackers
• Log stackers
Drive Types Covered:
• Battery Type
• Diesel/Gasoline Type
• First Rail Operation
• Second Rail Operations
• Third Rail Operations
• Loading/Unloading Trailers
• Stacking Containers
• Transporting Components
• Intermodal Freight Transport
• Port Container
• Railway Goods Yard
End Users Covered:
• Sea Ports/Terminals
Sales Channels Covered:
• Original Equipment Manufacturers (OEMs)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Reach Stacker Market is majorly driven by increasing demand for port material handling equipment, advancements in equipment technologies, and commendable rise in the seaborne trade.
The internal combustion (IC) engine vehicle segment is growing at a highest CAGR due to the enactment of stringent emission norms across the globe and its high load carrying capacity.
Europe dominated with a significant market share due to the growing transportation of goods and increased investments.
Asia Pacific market is growing at a highest CAGR due to the increasing demand from various industries and demand for container handling equipment in the region.
Key players in Reach Stacker Market include Anhui Jac International Co., Ltd, BOMAQ Industries SLU, Cargotec Corporation, CVS Ferrari SpA, Dalian Forklift Co., Ltd., Hoist Material Handling, Inc., Hyster-Yale Group, Inc., Jay Equipment & Systems Pvt. Ltd., Komatsu Ltd, Konecranes, Liebherr Group, Linde Material Handling, Mitsubishi Forklift Trucks, SANY Group, Task Forklift, Taylor Machine Works, Inc., Terex Corporation, and Toyota Material Handling.
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