Global Stacker crane Market
The global Stacker crane market was valued at USD 976 million in 2020 which expected to reach USD 1,442 million by 2027 at a CAGR 6.7% from 2020-2027.
A stacker is a manual material handling machine used in warehouses and industries to move and load goods from one location to another. Because of its advantageous features such as maneuverability, safety, portability, and strength, it serves the needs of a wide range of industries.
Market Drivers
Demand for automated storage and retrieval systems is increasing (ASRS) Stacker cranes are an essential part of ASRS.ASRS eliminates the need for human intervention in basic operations like precisely storing an item at a predefined location, retrieving an item, and transferring goods to specific processing or interface points. As a result, ASRS implementation reduces labour costs and improves space utilization. The rising warehouse rents and decreasing warehouse availability are expected to drive the adoption of ASRS systems.
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Market Restraints
High costs of integration and switching
The installation of a stacker crane is expensive at first. Setting up this system must be precise, which necessitates the use of skilled labour. Companies frequently incur significant ongoing costs for maintaining and updating various subsystems. Such large investments are difficult for small and medium-sized businesses to make. The initial costs of an automated storage and retrieval system, which includes stacker cranes, storage units, and racks, are quite high.
Impact of COVID-19
The spread of COVID-19 is expected to increase demand for online shopping, prompting retailers to invest in automation solutions to meet the rising demand. Companies attempting to protect themselves from future supply chain disruptions are also likely to deploy automation solutions. As a result, the increased demand for automated storage and retrieval solutions from the e-commerce, retail, healthcare, and food & beverages industries is driving the growth of the stacker crane market. However, the imposition of lockdowns in various countries has resulted in severe cash flow issues for market participants.
Market Segmentation
The Global Stacker crane Market is segmented into Type, Operation Type, and End-use Industry. By Type such as Integrated Single Column, Double Column, By Operation Type such as Semi-Automatic, Automatic. By End-use Industry such as Consumer Goods, E-commerce/Retail & Wholesale, Pharmaceutical, Automotive, Others.
Regional Analysis
Global Stacker crane Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. During the forecast period, the stacker crane market in APAC is expected to grow at the fastest CAGR. Because of the increasing adoption in China and India, the Asia Pacific region is expected to hold the largest share of the stacker crane market. Other countries in the region, such as Japan and South Korea, are expected to increase their share by upgrading and retrofitting existing stacker crane systems. Global stacker crane OEMs are also relocating their operations to the region.
Key Players
Various key players are listed in this report such as Daifuku co. ltd, Murata machinery ltd. , Kion Group AG, Swisslog AG , MIAS Material Handling Co., Ltd , Godrej Koerber , ElectroMech, Jungerheinch AG and, Doosan Corporation .
Market Taxonomy
By Type
By Operation Type
By End-use Industry
By Region
Key Questions Addressed by the Report
Global Stacker crane Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Stacker crane Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Stacker crane Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Stacker crane Market Share Analysis, By Type
5.3 Global Stacker crane Market Size and Forecast, By Type
5.3.1 Single Column
5.3.2 Double Column
6 Global Stacker crane Market, By Operation Type
6.1 Y-o-Y Growth Comparison, By Operation Type
6.2 Global Stacker crane Market Share Analysis, By Operation Type
6.3 Global Stacker crane Market Size and Forecast, By Operation Type
6.3.1 Semi-Automatic
6.3.2 Automatic
7 Global Stacker crane Market, By End-use Industry
7.1 Y-o-Y Growth Comparison, By End-use Industry
7.2 Global Stacker crane Market Share Analysis, By End-use Industry
7.3 Global Stacker crane Market Size and Forecast, By End-use Industry
7.3.1 Consumer Goods
7.3.2 E-commerce/Retail & Wholesale
7.3.3 Pharmaceutical
7.3.4 Automotive
7.3.5 Others
8 Global Stacker crane Market, By Region
8.1 Global Stacker crane Market Share Analysis, By Region
8.2 Global Stacker crane Market Share Analysis, By Region
8.3 Global Stacker crane Market Size and Forecast, By Region
9 North America Stacker crane Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Stacker crane Market Share Analysis, By Type
9.3 North America Stacker crane Market Size and Forecast, By Operation Type
9.4 North America Stacker crane Market Size and Forecast, By End-use Industry
9.6 North America Stacker crane Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Stacker crane Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Stacker crane Market Share Analysis, By Type
10.3 Europe Stacker crane Market Size and Forecast, By Operation Type
10.4 Europe Stacker crane Market Size and Forecast, By End-use Industry
10.6 Europe Stacker crane Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Stacker crane Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Stacker crane Market Share Analysis, By Type
11.3 Asia Pacific Stacker crane Market Size and Forecast, By Operation Type
11.4 Asia Pacific Stacker crane Market Size and Forecast, By End-use Industry
11.6 Asia Pacific Stacker crane Market Size and Forecast, By Country
11.6.1 China
11.7.2 Japan
11.8.3 India
11.8.4. Rest of Asia Pacific
12 Latin America Stacker crane Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Stacker crane Market Share Analysis, By Type
12.3 Latin America Stacker crane Market Size and Forecast, By Operation Type
12.4 Latin America Stacker crane Market Size and Forecast, By End-use Industry
12.6 Latin America Stacker crane Market Size and Forecast, Country
12.7.1. Brazil
12.8.2. Rest of Latin America
13 Middle East Stacker crane Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Stacker crane Market Share Analysis, By Type
13.3 Middle East Stacker crane Market Size and Forecast, By Operation Type
13.4 Middle East Stacker crane Market Size and Forecast, By End-use Industry
13.6 Middle East Stacker crane Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.8.2. UAE
13.8.3. Egypt
13.9.4. Kuwait
13.10.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Daifuku co. ltd
15.1.1 Overview
15.1.2 Types
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Murata machinery ltd
15.2.1 Overview
15.2.2 Types
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Kion Group AG
15.3.1 Overview
15.3.2 Types
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Swisslog AG
15.4.1 Overview
15.4.2 Types
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 MIAS Material Handling Co., Ltd
15.5.1 Overview
15.5.2 Types
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Godrej Koerber
15.6.1 Overview
15.6.2 Types
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ElectroMech
15.7.1 Overview
15.7.2 Types
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Jungerheinch AG
15.8.1 Overview
15.8.2 Types
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
16.9 Doosan Corporation
16.8.1 Overview
16.8.2 Types
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies