Reach Stacker Market Size - By Propulsion, By Operation, By Maximum Capacity, By Application and By Sales Channel, Growth Forecast, 2025 – 2034

Report ID: GMI12444
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Published Date: November 2024
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Report Format: PDF

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Reach Stacker Market Size

The global reach stacker market size was valued at USD 2.9 billion in 2024 and is estimated to register a CAGR of 5.4% between 2025 and 2034. The expansion of the market stems from the expansion of international commerce fueled by economic globalization. This has led to a greater exchange of goods among countries. More trade accords and lesser trade restrictions have resulted in increased imports and exports of goods and the requisite need for improved handling equipment.
 

Statista indicates that the value of U.S. international exports was USD 2,567.03 billion in 2021 and USD 3,071.82 billion in 2023. Expenditure on imports also increased from USD 3,408.6 billion in 2021 to USD 3,856.71 billion in 2023. The use of rail, roads, and sea as a means of transport blend allows container movements to be smooth. Reach stackers are critical for the enhanced efficiency of intermodal logistics networks for transferring containers between these modes of transport.
 

Reach Stacker Market

In addition, the increased use of a 20-foot and a 40-foot standardized container makes handling and stacking easier. Reach stackers which are specialized handlers of standardized shipping containers are essential in ports and terminals. Containerization enhances the speed of loading and unloading of ships which reduced the port turnaround time. Reach stackers are extremely beneficial as they are able to quickly transport containers to storage zones or vehicles which boosts port effectiveness.
 

Both governments and private corporations are pouring money into the growth and improvement of port facilities so they can accept bigger ships and larger cargo amounts. This encompasses building more berths, increasing the capacity of storage, and improving the logistics backbone.
 

Reach Stacker Market Trends

In response to climate change and air pollution, governments across the globe are implementing more rigorous emission policies. To comply with these policies and reduce greenhouse gas emissions, ports and Terminals are using electric or hybrid reach stackers. A number of ports are investing in green projects such as replacing equipment with electric ones and implementing more energy efficient practices. The use of eco-friendly reach stackers supports these initiatives, leading to cleaner and more sustainable port operations. The electric reach stacker, made by Sany, is a key step in reducing GHG emissions.
 

Terminals and ports situated in metropolitan areas tend to operate in space constrained environments. Consequently, reach stackers are gaining popularity due to their compact structures and superior efficiency. Their versatility allows them to lift and transport various types and sizes of containers. Because of this, they can stack containers in storage yards and load and unload them onto ships and trucks. Modern reach stackers transport, stack, and lift containers reducing the need for multiple pieces of equipment and cutting costs for port operators. Features such as articulated steering, which improves reach stackers active maneuverability coupled with advanced suspension systems and high cornering speeds allow adding more operational environments.
 

A significant obstacle to the reach stacker market development is the high purchase price of advanced reach stackers – with hybrid or electric powertrains, automated features, and other modernization investments. Small terminals and operators with limited budgets find it difficult to purchase these machines. Furthermore, these advanced models come with maintenance costs that include specialized parts like sensors and batteries. This cost burden limits their adoption among sensitive users, most notably in developing economies where cheaper options are available.
 

Reach Stacker Market Analysis

Reach Stacker Market Size, By Propulsion, 2022 – 2034, (USD Billion)

Based on propulsion, the ICE segment held 80% share in 2024 and is expected to cross USD 3.5 billion by 2034. The ICE reach stackers have immense power delivery and torque making them suitable for lifting extremely heavy containers in the toughest conditions. They are the most useful at major intermodal terminals and sea ports with high intensity operations where container lifting capacity is of utmost importance. These stackers are highly functional across various climates and conditions which makes them valuable for heavy lifting cargo operations across the board. Furthermore, their operational capability is boosted by the fact that diesel and other traditional fuels are easily accessible.
 

Reach Stacker Market Share, By Application, 2024

Based on application, the seaports & terminals segment dominated 48% shareof the reach stacker market in 2024. E-commerce and the manufacturing exports have led to a drastic increase in global trade, causing the need for better cargo handling at terminals and sea ports. Reach stackers are ideal for such conditions as they have the ability to quickly stack containers and gain access to multiple rows in narrow spaces enabling higher throughput and lower turnaround times. The government along with private port operators are investing in improving the infrastructure to accommodate larger ships and more containers. For example, a lot of ports are building out their yard storage and container handling capabilities, creating high demand for advanced reach stackers equipped with modern technology such as telematics and automation.
 

China Reach Stacker Market Size, 2022 -2034, (USD Million)

Asia Pacific region dominated the global reach stacker market with a major share of over 40% in 2024. Countries such as India and the ASEAN nations are increasingly industrializing and expanding trade. This growth has caused substantial investments in port infrastructure and logistics networks, which in turn has increased the demand for reach stackers to facilitate the smoother movement of goods across borders. Moreover, China, being the leading exporter in the world and major manufacturing country, retains huge volumes of containerized cargo. To support this nation’s efficient logistics, sophisticated material-handling equipment including reach stackers are extensively used in Chinese ports to maximize port productivity and minimize waiting time. 
 

China’s position as a global logistics powerhouse is paralleled by their growing usage of reach stacker. Furthermore, Europe’s focus on sustainability encourages the consumption of other hybrid and freestanding reach stackers which result in a lower carbon footprint. Europe’s concentration on the environmental goals makes us consider the suppression of the strict EU emissions norms. Europe’s powerful intermodal freight systems are aimed at traffic and emission reduction. However, efficient handling equipment is also required. Reach stackers are immensely important for the transfer of containers between different modes of transport including rail, road, and waterways and therefore to promote Europe’s integrated and sustainable transport system.
 

North America is modernizing its obsolete logistics facilities such as ports, rail yards, and intermodal hubs. At these facilities, reach stackers are crucial for improving load managing operations, thereby ensuring optimal turnaround and operational capacity. The COVID pandemic having led to an accelerated growth of e-commerce in the US has similarly increased the demand for efficient logistics distribution networks. Reach stackers are very important for efficiently handling the high turnover of containers at distribution hubs and intermodal terminals, ensuring that businesses can meet the growing consumer demand for fast and reliable deliveries.
 

Reach Stacker Market Share

Konecranes and Kalmar hold a market share of over 10% in the reach stacker industry. Konecranes has shifted its focus towards new electrified products. The company has set its strategic goals towards alignment with sustainability objectives. The newly set purposes will make Konecranes and its products more attractive to regions more sensitive to the environment, enabling it to expand to emerging markets. Konecranes has set their investment focus on reach stackers that are more efficient, productive, and sustainable.
 

Digital change and automation are the primary initiatives for Kalmar. The company is planning to produce automated reach stackers with the target of reducing human error while increasing safety and efficiency. Kalmar SmartPort is an example of how the company is combining its equipment with advanced software and sensors for enhancing the productivity of the port. This is vital because ports and terminals keep looking for ways to automate their operational processes due to the growing container traffic they handle.
 

The global competitors are well established in the reach stacker market due to the strategic acquisitions and extensive reach stacker solutions portfolios focusing on high lifting payload, fuel economy, and better maneuverability. Their onboard innovation, like hybrid and electric reach stackers, telematics, and operator assistance, has helped them maintain their market leadership globally, especially in regions with high cargo volumes and growing logistics infrastructure.
 

Reach Stacker Market Companies

Major players operating in the reach stacker industry include:

  • Hyster Yale
  • Kalmar
  • Kion
  • Konecranes
  • Liebherr
  • Manitex International
  • Sany
  • Taylor Machine Works
  • Terex
  • Toyota
     

Reach Stacker Industry News

  • In June 2024, logistics company Morris Export Services based in Houston, acquired the first North American LiuGong 2450H Reach Stacker, making it the first in the country. This signifies LiuGong's entrance into the North American heavy machinery market with prospects of expansion. The planned cooperation of Morris Export Services with LiuGong, as well as with Cummins, expects to provide significant profitability for Morris Export Services. The LiuGong Reach Stacker, equipped with the Cummins X12 engine, is anticipated to enhance productivity and enable further opportunities for growth.
     
  • Cargotec’s subsidiary, Kalmar, commenced the manufacturing of its electric reach stacker and Essential forklift truck in Shanghai in December 2023. The Kalmar electric reach stacker, designed for lifting operations up to 45 tonnes, increases the eco-efficiency of cargo handling without sacrificing productivity and safety. It has multiple modular battery configurations and charging solutions, making it perfect for container handling, intermodal operations, and industrial heavy lifting.
     

The reach stacker market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and shipment (units) from 2021 to 2034, for the following segments:

Market, By Propulsion

  • ICE
  • Electric
  • Hybrid

Market, By Operation

  • Manual
  • Semi-automated
  • Automated

Market, By Maximum Capacity

  • Below 30 tons
  • 30 to 45 tons
  • Above 45 tons

Market, By Application

  • Seaports & terminals
  • Yards & landsides
  • Industrial

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Southeast Asia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • MEA
    • UAE
    • South Africa
    • Saudi Arabia

 

Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
Who are the major players in the reach stacker market?
Major players in the reach stacker industry include Hyster Yale, Kalmar, Kion, Konecranes, Liebherr, Manitex International, Sany, Taylor Machine Works, Terex, and Toyota.
Which region dominated the reach stacker market in 2024?
What is the market share of the seaports & terminals segment in the reach stacker market?
What is the market share of the ICE segment in the reach stacker market?
What is the forecasted value of the reach stacker market by 2034?
How big is the reach stacker market?
Reach Stacker Market Scope
  • Reach Stacker Market Size
  • Reach Stacker Market Trends
  • Reach Stacker Market Analysis
  • Reach Stacker Market Share
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    Base Year: 2024

    Companies covered: 20

    Tables & Figures: 200

    Countries covered: 21

    Pages: 175

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