Dublin, July 21, 2023 (GLOBE NEWSWIRE) -- The "Reach Stacker Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global reach stacker market is poised for significant growth in the coming years, according to a comprehensive market report.
The market is expected to expand from $2.32 billion in 2022 to $2.46 billion in 2023, demonstrating a compound annual growth rate (CAGR) of 6.1%. Furthermore, the reach stacker market is projected to reach $3.06 billion by 2027, growing at a CAGR of 5.6%.
Reasons to Purchase:
- Gain a comprehensive global perspective on the reach stacker market, covering 50+ geographies.
- Understand the market's response to COVID-19 and how it is rebounding as the impact of the virus diminishes.
- Assess the impact of the Russia-Ukraine war on agriculture, energy, and mineral commodity supply, and its direct and indirect influence on the market.
- Measure the market growth amidst high global inflation.
- Develop regional and country strategies based on local data and analysis.
- Identify investment opportunities in growth segments.
- Stay ahead of competitors with forecast data and insights into market drivers and trends.
- Gain an understanding of customer behavior through the latest market shares.
- Benchmark your performance against key competitors.
- Utilize reliable, high-quality data and analysis to support internal and external presentations.
Reach stackers are vehicles used for the swift transport of intermodal cargo containers over short distances within terminals or ports. They play a vital role in stacking and handling various types of containers in locations such as ports, railroad stations, and industrial sites.
One of the notable trends in the reach stacker market is the adoption of technology-driven solutions. Market leaders are introducing innovative solutions to maintain their market position. For instance, Camblift, a Sweden-based material handling equipment manufacturer, recently launched its first reach stacker. This reach stacker offers a safe and ergonomic workplace, higher production efficiency, and is available in both electric and diesel versions, incorporating green fuel technology. Its ability to operate using clean energy makes it a sustainable choice.
The growth of urbanization is expected to be a major driver for the reach stacker market. As cities expand and the middle class population increases, there is a higher demand for infrastructure development. Reach stackers play a crucial role in loading containers in ports, railroad stations, and industrial sites, thereby contributing to infrastructure development activities.
Asia-Pacific dominated the reach stacker market in 2022, with the report covering regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Key countries analyzed include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
The substantial growth in seaborne trade worldwide is another significant factor driving the reach stacker market. As seaborne trade continues to expand, reach stackers are crucial for transporting intermodal cargo containers in sea terminals or ports. The growth in seaborne trade leads to lower freight costs, improved shipping efficiency, and increased economic liberalization, benefiting consumers worldwide.
The reach stacker market encompasses the sales of reach stackers operating on compressed natural gas and liquefied petroleum gas. The market value represents the revenues generated by enterprises through the sale of goods and/or services within the specified market and geography. The report provides a comprehensive analysis of market value and consumption values generated by organizations within the market.
With its detailed insights and reliable data, this report equips strategists, marketers, and senior management with the critical information needed to assess and navigate the global reach stacker market effectively.
Companies Mentioned
- Cargotec Corporation
- Komatsu Ltd.
- Dalian Forklift Co. Ltd.
- Hoist Material Handling Inc.
- Hyster-Yale Group Inc.
- Jay Equipment & Systems Pvt. Ltd.
- Konecranes Oyj
- Liebherr Group
- Linde Material Handling GmbH
- CVS ferrari S.P.A
- SANY Group
- Task Forklift
- Sca Heavy Equipment Pvt. Ltd.
- Hangcha Forklift
- CTR Manufacturing Industries Private Limited
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $2.46 billion |
| Forecasted Market Value (USD) by 2027 | $3.06 billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Reach Stacker Market Characteristics
3. Reach Stacker Market Trends And Strategies
4. Reach Stacker Market - Macro Economic Scenario
4.1. COVID-19 Impact On Reach Stacker Market
4.2. Ukraine-Russia War Impact On Reach Stacker Market
4.3. Impact Of High Inflation On Reach Stacker Market
5. Reach Stacker Market Size And Growth
5.1. Global Reach Stacker Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Reach Stacker Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Reach Stacker Market Segmentation
6.1. Global Reach Stacker Market, Segmentation By Capacity, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Below 30 Ton
30-45 Ton
- Above 45 Ton
6.2. Global Reach Stacker Market, Segmentation By Propulsion, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Internal Combustion Engine
- Electric
- Hybrid
6.3. Global Reach Stacker Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Sea Port Or Terminal
- Yards Or Landside
- Industrial
7. Reach Stacker Market Regional And Country Analysis
7.1. Global Reach Stacker Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Reach Stacker Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/6l9n1s
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
