MARKET OVERVIEW
A stacker is a material handling equipment used for stacking and storing goods in a warehouse or manufacturing facility. The stacker is designed to lift, transport and stack goods vertically, maximizing storage space and reducing the need for manual labor. The primary use of stackers is for stacking goods in storage facilities, especially in industries that require the storage of large and heavy items such as construction materials, household appliances, and other durable goods. The stacker can be used for various applications, such as moving goods from one place to another, transporting materials between workstations, and loading or unloading goods from delivery trucks. Advantages of stackers include improved efficiency and productivity, reduced manual labor, and increased safety in the workplace. End-users of stackers include warehouses, manufacturing facilities, distribution centers, and any other business that requires storing and handling goods. The future of the stacker market is expected to be positive, driven by the increasing demand for automated material handling solutions, as well as the growing e-commerce industry.
MARKET SCOPE
The "Global Stacker Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the stacker market with detailed market segmentation by type, end-user, and geography. The report provides key statistics on the market status of the leading stacker market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global stacker market is segmented into electric and hydraulic.
- On the basis of end-user, the stacker market market is segmented into retail, logistics, automobile, food and beverages and others.
MARKET DYNAMICS
Drivers:
- An increase in the number of construction of roads, residential complexes, and development of infrastructure, especially in emerging countries are some of the significant factors driving the growth of the stackers market.
- Furthermore, battery-operated stackers are achieving fame in end-user industries, which is anticipated to boost the growth of the stacker market in the near future.
Restraints:
- The adoption of a forklift for material handling is the major factor expected to hamper the growth of the stacker market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The stacker market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the stacker market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the stacker market in these regions.
IMPACT OF COVID-19 ON STACKER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the stacker market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the stacker market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from stacker market are anticipated to lucrative growth opportunities in the future with the rising demand for stacker in the global market.
he report also includes the profiles of key companies along with their SWOT analysis and market strategies in the stacker market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- CLARK
- Crown Equipment Corporation
- Doosan Corporation Industrial Vehicle
- Godrej and Boyce Manufacturing Co. Ltd.
- Hangcha Group Co., Ltd
- Jungheinrich AG
- MITSUBISHI LOGISNEXT CO.,LTD.
- Nido Machineries
- PUMA LIFT TOYOTA INDUSTRIES CORPORATIONTRUCKS PVT. LTD.
- TOYOTA INDUSTRIES CORPORATION