According to a research report published by Spherical Insights & Consulting, the Global Stacker Crane Market Size Expected to Grow from USD 1.04 Billion in 2023 to USD 1.86 Billion by 2033, at a CAGR of 5.99% during the forecast period 2023-2033.

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Stacker cranes are gadgets that work automatically having the purpose of picking and storing weighted tires, containers, and other heavy equipment. Advanced technology is also growing so with the help of that technology cranes are converted into a robotic mechanism that is deployed in warehouse management and carried out by an integrated control panel. Sometimes it’s operated by a given command. Approximately 45m tall and 150 m long width crane size are seen in the market.  Cranes work with precise and efficient material handling cranes reducing the need for manual labour. The robotic mechanism in the stacker crane helps to store things in a predetermined position, free of error and reduces the cost effect. The increasing automation in warehouse industries has made an impact on the growth of the stacker crane market. However, initial investment impacted the market growth including the factor of storage space, and updated the robotic mechanism software system by well-trained personnel.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Stacker Crane Market Size, Share, and COVID-19 Impact Analysis, By Type (Single Column, Double Column), By Operation (Automatic, Semi-Automatic), By End-User (Consumer Goods, Automotive, Pharmaceuticals, E-commerce, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The single-column segment is expected to hold the largest share of the global stacker crane market during the projection span.

The global stacker crane market is categorized by type into single-column and double-column. Among these, the single-column segment is expected to hold the largest share of the global stacker crane market during the projection span. Single-column stacker cranes require less capital than double-column stacker cranes and are widely used in sectors like retail, food and beverage, logistics, and pharmaceutical industries. Technology helps the single-column stacker crane whic is easier to use, faster, and uses less energy.

The automatic segment is predicted to expand at the fastest pace during the projection period.

The global stacker crane market is divided into automatic and semi-automatic. Among these, the automatic segment is predicted to expand at the fastest pace during the projection period. In the sector of logistics automatic crane is deployed to control the vertical and horizontal movement. They are liable for storing and removing the items from the rack’s place. It works with fewer errors.

The consumer goods segment is expected to hold a significant share of the global stacker crane market during the anticipated timeframe.

Based on the end user, the global stacker crane market is categorized into consumer goods, automotive, pharmaceuticals, e-commerce, and others. Among these, the consumer goods segment is expected to hold a significant share of the global stacker crane market during the anticipated timeframe. Cranes are necessary to store and retrieve goods with the help of an automatic system. In the consumer goods warehouse area, there are multiple goods with unique dimensions of goods so it was likely to need handling and sorting without manual use.

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Asia Pacific is projected to hold the largest share of the global stacker crane market over the projected period.

Asia Pacific is projected to hold the largest share of the global stacker crane market over the projected period. The Asia-Pacific region is mostly from China and India’s increasing use of stacker cranes because of the growing infrastructure development, urbanization, and population growth in other regions in the Asian-Pacific, countries such as Japan and South Korea, are projected to enhance their participation by improving and adapting their existing stacker crane systems. The involvement of local players because of the expansion technology transfer is expected to reduce the cost of stacker crane adaptation in the area. As a result, the region is predicted to increase over the forecast period.

North America is expected to grow at the fastest growth of the global stacker crane market during the forecast period. Government initiative spending on new infrastructure is one of the major trends such as building a port, high business towers, and residential buildings to boost the market. The US government is capitalizing the investment in public transport in construction such as airports, trains, and metro stations. Furthermore, growing urbanization in the United States and Canada is increasing demand for new buildings, supermarkets, and others.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global stacker crane market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global stacker crane market are Scania, Daimler Cars, TuSimple, Inc., Hino Carss, Waymo (Alphabet Inc.), Tesla, AB Volvo, PACCAR Inc., Navistar, Inc., Embark Carss, Inc., PlusAI, Inc., Kodiak Robotics, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development:

• In March 2024, ABB and Kuenz received a contract to supply automatic stacking cranes for APM Terminals’ Maasvlakte II development. The contract strengthens ABB’s position as the world’s leading provider of high-performance automation solutions for container terminals.

• In August 2023, Victoria International Container Terminal (VICT), Australia’s first fully automated container terminal located at the Port of Melbourne, announced the acquisition of six new Automated Stacking Cranes (ASC). The new ASCs were acquired as part of VICT’s expansion strategy.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global stacker crane market based on the below-mentioned segments:

Global Stacker Crane Market, By Type

• Single Column
• Double Column

Global Stacker Crane Market, By Operation

• Automatic
• Semi-Automatic

Global Stacker Crane Market, By End User

• Consumer Goods
• Automotive
• Pharmaceuticals
• E-commerce
• Others

Global Stacker Crane Market, By Regional

• North America

• • US
  • Canada
  • Mexico

• Europe

• • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

• Asia Pacific

• • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

• South America

• • Brazil
  • Argentina
  • Rest of South America

• Middle East & Africa

• • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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