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Stacker Crane Market Trends

Report ID: GMI6598
Published Date: Aug 2023
Report Format: PDF

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Stacker Crane Market Trends

The growing demand for warehouse automation is driving industry expansion. Businesses seeking to optimize their supply chain operations, enhance efficiency, and reduce labor costs have increasingly turned to stacker cranes. These automated machines offer precise & efficient material handling within high-bay storage systems, maximizing storage capacity while minimizing the need for manual labor. The trend is particularly pronounced in the e-commerce sector, where rapid fulfillment and space utilization are crucial for success.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Stacker crane market size was valued at USD 1.1 billion in 2022 and will register over 6% CAGR from 2023-2032 due to increasing adoption in shipping & logistics facilities worldwide.

The single column type segment recorded more than USD 500 million in 2022 and will witness significant growth from 2023-2032 on account of their space-efficient design and cost-effectiveness.

Asia-pacific recorded over 30% share of the industry in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing port activities in the region.

Scania, Daimler Cars, TuSimple, Inc., Hino Carss, Waymo (Alphabet Inc.), Tesla, AB Volvo, PACCAR Inc., Navistar, Inc., Embark Carss, Inc., PlusAI, Inc., and Kodiak Robotics are some of the major stacker crane companies worldwide.