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Global Reach Stacker Market Size, Share, Growth, Trends, Forecast: By Capacity: Below 30 Ton, 30-50 Ton, Above 50 Ton; By Propulsion: Electric, Hybrid, IC Engine; By Application: Sea Ports, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Reach Stacker Market Outlook
The global reach stacker market attained a value of nearly USD 2.59 billion in 2023. The market is projected to grow at a CAGR of 5.40% between 2024 and 2032 to reach a value of around USD 4.16 billion by 2032.
Key Trends in the Market
Reach stacker refers to a type of container handling machine that is capable of lifting containers as heavy as 30-40 tonnes. This machine can transport containers over short distances quickly and efficiently and can pile them up in rows and columns.
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- The growing research and innovations by leading market players to boost the material and load handling capability of reach stackers are one of the significant reach stacker market trends. Additionally, key players are developing reach stackers with innovative functions, including audible notifications, reversing cameras, reverse warning functions, and automated stop/start, among others, to enhance their safety and operational efficiency.
- The robust growth of the e-commerce sector is escalating the utilisation of reach stackers in warehousing and logistics applications to maximise profitability, enable operators to handle materials with enhanced precision, and ensure highly efficient operations in high-rack warehouses.
- Reach stackers are crucial for handling intermodal cargo containers across ports and terminals. In this regard, rising investments in port development projects across well-established economies are bolstering the reach stacker market growth.
Market Analysis
Based on capacity, the market is segmented into below 30 ton, 30-50 ton, and above 50 ton. On the basis of propulsion, the market is classified into electric, hybrid, and IC engine. By application, the market is categorised into sea ports and industrial. The major regional markets for reach stacker are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global reach stacker market report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- CVS Ferrari S.P.A.
- Cargotec Corporation
- Konecranes Plc
- Liebherr Group
- SANY Group
- Hoist Material Handling, Inc.
- Dalian forklift Co., Ltd.
- Komatsu Ltd.
- Taylor Machine Works, Inc
- Toyota Material Handling, Inc.
- Others
Market Share by Propulsion
In the market, electric reach stackers are likely to witness significant growth. These types of reach stacker can tilt both forwards and backwards, enabling safer handling of containers. They also offer convenient replacement of batteries, which saves time and reduces maintenance costs. Additionally, emergency reversing in electric reach stackers reduces the risk of accidents while enhancing the safety of operators.
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Market Share by Region
The Asia Pacific accounts for a significant reach stacker market share. The rising seaborne trading activities and strong foothold of reach stacker manufacturers across emerging economies of the region are driving the market. Moreover, amidst the improving global trade landscape, a greater number of reach stackers are utilised to enhance the operational efficiency of ports.
Competitive Landscape
CVS Ferrari S.P.A. is a leading company which manufactures material handling machines, such as reach stackers, container handling lift trucks, and forklifts, among others. It was founded in 1974 and is headquartered in Piacenza, Italy.
Cargotec Corporation is a global company which offers solutions related to cargo and load handling. Founded in 2005 and headquartered in Helsinki, Finland, the company is known to manufacture high-quality load handling machines.
Konecranes Plc is a leading manufacturer of heavy equipment. The company manufactures and supplies overhead cranes, hoists, lift trucks, and container handling equipment, among others. It was established in 1994 and is headquartered in Hyvinkaa, Finland.
Other market players include Liebherr Group, SANY Group, Hoist Material Handling, Inc., Dalian forklift Co., Ltd., Komatsu Ltd., Taylor Machine Works, Inc, and Toyota Material Handling, Inc., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS | |
| Base Year | 2023 | |
| Historical Period | 2018-2023 | |
| Forecast Period | 2024-2032 | |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Capacity |
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| Breakup by Propulsion |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Reach Stacker Market Analysis
8.1 Key Industry Highlights
8.2 Global Reach Stacker Historical Market (2018-2023)
8.3 Global Reach Stacker Market Forecast (2024-2032)
8.4 Global Reach Stacker Market by Capacity
8.4.1 Below 30 Ton
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 30-50 Ton
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Above 50 Ton
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Reach Stacker Market by Propulsion
8.5.1 Electric
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Hybrid
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 IC Engine
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Reach Stacker Market by Application
8.6.1 Sea Ports
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Industrial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Reach Stacker Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Reach Stacker Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Reach Stacker Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Reach Stacker Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Reach Stacker Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Reach Stacker Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 CVS Ferrari S.P.A.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cargotec Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Konecranes Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Liebherr Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 SANY Group
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Hoist Material Handling, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Dalian forklift Co., Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Komatsu Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Taylor Machine Works, Inc
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Toyota Material Handling, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Reach Stacker Market: Key Industry Highlights, 2018 and 2032
2. Global Reach Stacker Historical Market: Breakup by Capacity (USD Billion), 2018-2023
3. Global Reach Stacker Market Forecast: Breakup by Capacity (USD Billion), 2024-2032
4. Global Reach Stacker Historical Market: Breakup by Propulsion (USD Billion), 2018-2023
5. Global Reach Stacker Market Forecast: Breakup by Propulsion (USD Billion), 2024-2032
6. Global Reach Stacker Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Reach Stacker Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Reach Stacker Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Reach Stacker Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Reach Stacker Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Reach Stacker Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Reach Stacker Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Reach Stacker Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Reach Stacker Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Reach Stacker Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Reach Stacker Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Reach Stacker Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Reach Stacker Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Reach Stacker Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Reach Stacker Market Structure
Key Questions Answered in the Report
The market reached a value of nearly USD 2.59 billion in 2023.
The market is estimated to grow at a CAGR of 5.40% in the forecast period of 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 4.16 billion by 2032.
The rising sales of electric reach stackers, the robust growth of the e-commerce sector, increasing seaborne trading activities, and increasing adoption of safety features in reach stackers are the major drivers of the market.
The key trends in the market include the growing research and innovations by leading market players to boost the load handling capability of reach stackers, the growing integration of innovative features in reach stackers, and rising investments in port development projects.
The major regions in market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Below 30 ton, 30-50 ton, and above 50 ton are the different capacities of reach stackers.
CVS Ferrari S.P.A., Cargotec Corporation, Konecranes Plc, Liebherr Group, SANY Group, Hoist Material Handling, Inc., Dalian forklift Co., Ltd., Komatsu Ltd., Taylor Machine Works, Inc, and Toyota Material Handling, Inc., among others, are the key market players.
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