Stacker cranes have evolved into ideal storage and retrieval systems for warehousing operations, increasing productivity while reducing manual labor and errors. They enable users to perform loading and unloading operations quietly and consistently.
The robust expansion of manufacturing industries such as automotive and consumer goods as a result of rapid urbanization, increasing population, infrastructure development, and other factors are expected to drive the growth of the stacker cranes market during the forecast period. Aside from that, the rapid expansion of the mobile cranes market and rising demand for automated warehouses will bode well for market growth.
The supply chain has changed dramatically over the last few decades. Initially, the majority of work in warehouses and storage facilities was done by hand, which was often time-consuming. However, as technology advanced and automation became more prevalent, machines began to replace human labor.
Material handling equipment of various types is now used for the storage of goods across manufacturing industries. The stacker crane is an example of advanced equipment.
As per FMI, the global demand for stacker cranes is expected to grow at a healthy CAGR of 7% during the forecast period between 2022 and 2032, owing to the rapid expansion of end-use verticals such as automotive, consumer goods, and pharmaceutical, rising need for advanced bulk material handling systems, increasing penetration of automation, and technological advancements in stacker cranes. Furthermore, the integration of remote user connectivity and interface in stacker cranes will further encourage their adoption during the forecast period.
Stacker cranes have become essential material handling solutions used across diverse manufacturing verticals such as warehouses or manufacturing plants for storage and retrieval of materials. They are usually guided by a management software system, which coordinates all the activities. They allow end users to significantly increase productivity while at the same time minimizing human intervention and errors.
The rapid expansion of manufacturing industries across the world coupled with the rise of logistics 4.0 is emerging as a key factor boosting the sales of stacker cranes and the trend is likely to continue during the forecast period. Manufacturing industries and the logistics sector are making use of stacker crane applications for easy and quick completion of work.
Similarly, with the rising demand for efficient logistics and warehousing solutions, the stacker crane market is expected to grow at an exponential rate over the forecast period.
Furthermore, advancements in stacker cranes supported by the incorporation of novel technologies such as the internet of things (IoT) will aid the growth of the stacker crane market.
Leading players are constantly increasing their stacker crane production capacity by opening new manufacturing units in promising markets. They are introducing new advanced products to boost sales.
By Operation Type:
By End-use Industry:
- Consumer Goods
- E-commerce/Retail and Wholesale
- Early Baggage Storage (EBS)
- Sortation System
- Robotized Order Preparation
- Single Column
- Double Column
- North America
- Latin America
- the Asia Pacific
- the Middle East and Africa (MEA)