Global Reach Stacker Market is accounted for $376.55 million in 2020 and is expected to reach $595.65 million by 2028 growing at a CAGR of 5.9% during the forecast period. Increasing trade activities between economies and government spending and increasing the capacity of existing ports to increase the volume handling capacity of the ports are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the increasing demand from various industries such as steel, construction, agriculture, chemicals, and electrical utilities and demand for container handling equipment. APAC has large ports for container handling.
Some of the key players profiled in the Reach Stacker include Anhui Jac International Co., Ltd, BOMAQ Industries SLU , Cargotec Corporation, CVS Ferrari SpA, Dalian Forklift Co., Ltd., Hoist Material Handling, Inc., Hyster-Yale Group, Inc., Jay Equipment & Systems Pvt. Ltd., Komatsu Ltd, Konecranes, Liebherr Group, Linde Material Handling, Mitsubishi Forklift Trucks, SANY Group, Task Forklift, Taylor Machine Works, Inc., Terex Corporation, and Toyota Material Handling.
Maximum Capacities Covered in Reach Stacker Market
• Below 30 Tons
• 30-45 Tons
• Above 45 Tons
Vehicle Types Covered:
• Commercial Vehicles
• Passenger Cars
Fuel Types Covered:
• Compressed Natural Gas
• Liquified Petroleum Gas
Propulsion Types Covered:
• Electric
• Hybrid Vehicle
• Internal Combustion (IC) Engine Vehicle
Tonnages Covered:
• High
• Medium
• Low
Vehicles Covered:
• Full Container Reach Stackers
• Empty Container Reach Stackers
• Log stackers
Drive Types Covered:
• Battery Type
• Diesel/Gasoline Type
Operations Covered:
• First Rail Operation
• Second Rail Operations
• Third Rail Operations
Applications Covered:
• Loading/Unloading Trailers
• Stacking Containers
• Transporting Components
• Intermodal Freight Transport
• Port Container
• Airports
• Railway Goods Yard
End Users Covered:
• Sea Ports/Terminals
• Yards/Landside
• Industrial
Sales Channels Covered:
• Original Equipment Manufacturers (OEMs)
• Aftermarket
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