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Reach Stacker Market Share

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

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Reach Stacker Market Share

Konecranes and Kalmar hold a revenue share of over 10% in the reach stacker industry. Konecranes is investing in new technologies to make its reach stackers more efficient, productive, and sustainable. With the logistics industry under pressure to lower carbon emissions, Konecranes has aligned its strategy with global sustainability goals. The company focuses on eco-efficient products, such as its electrified reach stackers, targeting markets with strict emissions regulations. These efforts make company’s products more appealing in environmentally conscious regions and expand the company's reach in emerging markets.

Kalmar is focusing on digital transformation and automation. The company is developing automated reach stackers to reduce human error and improve safety and efficiency. Kalmar's Kalmar SmartPort, initiative shows how the company is integrating its equipment with advanced software and sensors to optimize port operations. This is important as ports and terminals aim to automate their operations to handle increasing container volumes.

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

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The global market for reach stacker was reached USD 2.9 billion in 2024 and is estimated to register a CAGR of 5.4% between 2025 and 2034, driven by the continuous expansion of global trade and economic globalization.

The reach stacker market is projected to reach USD 4.9 billion by 2034, supported by increasing trade volumes and the need for efficient handling equipment.

The ICE segment held approximately 80% of the market share in 2024 and is expected to surpass USD 3.5 billion by 2034, due to its strong power and torque, making it ideal for heavy-duty operations.

The seaports & terminals segment accounted for over 48% of the reach stacker market in 2024, led by the global rise in containerized trade and the need for efficient cargo handling.

Asia Pacific dominated the global reach stacker market with a 40% revenue share in 2024, fueled by rapid industrialization and significant investments in port infrastructure and logistics networks.

Major players in the reach stacker industry include Hyster Yale, Kalmar, Kion, Konecranes, Liebherr, Manitex International, Sany, Taylor Machine Works, Terex, and Toyota.