The global demand for Reach Stacker Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A reach stacker is a vehicle that takes care of intermodal transportation (where more than one transportation carrier is used) of cargo containers. Reach stackers are used at international and domestic airports, railway yards, and seaports. Reach stackers are flexible in use, with higher storage and stacking capacity. They are capable of lifting the container of any size from deck, ground or any other surface, transport them at a short distance and easily stack them in different rows as per the requirement.
The demand for reach stackers is growing across the globe as they are highly convenient to operate and transport containers from one place to another at small and medium-sized ports. The prime factors that are propelling the market include an increasing number of airports as well as seaports, growing international trade and business, and convenience and flexibility offered by reach stackers. Furthermore, factors such as innovation in transportation with IoT and other advanced technologies and growing initiatives by different countries to enhance the quality and size of ports are boosting the market. However, the COVID-19 pandemic is expected to cause certain restraints on the global reach stackers market due to disrupted supply chain and decreased production rate.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of reach stacker.
The entire reach stacker market has been sub-categorized into application, tonnage, drive type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Drive Type
- Oading/Unloading Trailers
- Stacking Containers
- Transporting Components
- Diesel/Gasoline Type
- Battery Type
- Railway Yards
This section covers regional segmentation which accentuates on current and future demand for reach stacker market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Reach Stacker Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the reach stacker market include Terex Corporation, Sany Group Hyster, Taylor Machine Works, Inc., Hoist Liftruck Mfg., LLC, Konecranes, Cargotec Corporation, Liebherr, Cvs Ferrari Srl, Hinrichs Forklifts, Linde, Dalian Forklift Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.