Reports and Insights freshly added a report titled “Stacker Truck Market: Opportunity Analysis and Future Assessment 2022-2030” to its database of market research reports which offers its readers a detailed and profound analysis of the fresh growth opportunities, trends, and growth drivers that are closely linked with the growth of the market. The report further provides crucial insights on the COVID-19 impacts on the “Stacker Truck Market” along with the compound growth rate (CAGR) of the market for a forecasted period between 2022 and 2030. The report also comprises an assessment of the market by employing various analytical tools, such as Porter’s five forces analysis and PESTEL analysis. These tools also offer an in-depth analysis of the micro and macro-environmental factors that are related to the growth of the market over the projected period.
Stacker Truck Introduction
Stacker can be understood as a type of wheeled automobile for the purpose of loading and unloading, stacking, heap height, and short-distance transportation. There are manual pallet stackers which are basically a device employed for the raising and lifting of heavy stacks. They can usually bear and transport loads of up to 5 tonnes, making transporting heavy and gigantic commodities and densely piled bunks much simpler. Developed with either winches or hydraulic pumps, they also allow you to raise these heavy items, usually up to 2850mm (greater on demand).
Some stackers are even intended to be employed all together with ladders for loading and unloading to and from greater storage units. In addition, time and again stacker trucks are equipped with slick steerable wheels, allowing an individual to convey huge items all around in the workplace with relative simplicity.
Moreover, the wheels of the stacker trucks are designed with sturdy brakes, which provide complete safety when an individual stops to load or unload the stacker. The rapidly rising demand for stacker trucks in various end-use applications all across the world including construction, industrial, and manufacturing industries is primarily driving the demand for stacker trucks across the global markets, ultimately projected to boost the growth of the global stacker trucks market over the coming years.
Stacker Truck Market Segmentation
The global stacker truck market is segmented on the basis of type, power-train type, tonnage, application, end-use industries, and region.
- Stand On
By Power-Train Type
- Internal Combustion Engine
- Electric Motor
- Below 5 Ton
- 5 – 10 Ton
- 10 – 15 Ton
- Above 15 Ton
- Retail Store Applications
- Small Manufacturing Operations and Warehouses
- Dock to Stock
By End-User Industries
- Retail & Wholesale
- North America
- Latin America
- Asia Pacific
- Middle East
Stacker Truck Market Key Players
Some of the key participating players in the global Stacker Truck market are:
- Caterpillar Inc.
- Linde Material Handling
- Jungheinrich AG
- Raymond Corporation
- Crown Equipment Corporation
- Doosan Corporation
- Hyster-Yale Materials Handling, Inc.
- KION Group AG
- Komatsu Ltd.
- Mitsubishi Logisnext Co., Ltd.
- Toyota Material Handling
- Jost’s Engineering Company Limited
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but are not restricted to):
New product designs and launches
Current product compliance
Concerns for use of Stacker Truck
Advantages of Stacker Truck
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approaches is followed to arrive at and validate our market value estimations. For a product segment where one/two manufacturer(s) dominate the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the market.