Hi, what are you looking for?
The size of the global stacker crane market was valued at US$ 976 million in 2021 and is anticipated to reach US$ 1 billion in 2022. Additionally, due to the rapid growth of end-use industries and the rising popularity of automated stacker cranes, it is anticipated that global sales of stacker cranes will increase at a strong CAGR of 7.0 percent from 2017 to 2032, reaching approximately US$ 2.02 Bn.
As per the global market study on stacker cranes, the market is expected to grow at a CAGR of 7% over the forecast period, from an estimated USD 976 million in 2021 to US$ 2 billion in 2032. Asia-Pacific is expected to lead the stacker crane market growth due to the rise of end-use industries and the adoption of AS/RS to improve material handling and logistics.
These advantages are expected to drive the stacker crane market size even higher in the coming years. Furthermore, technological advancements and innovations in stackers provide market participants with profitable growth opportunities. The rising trend of forklift use, on the other hand, is expected to stifle market growth.
Request a Sample [email protected] https://www.futuremarketinsights.com/reports/sample/rep-gb-14302
Initially, the cost of installing a stacker crane design is high. Setting up this system requires precision, which necessitates the use of experienced personnel. Furthermore, the cost of maintaining and updating numerous subsystems is frequently prohibitively expensive for businesses. Making such large investments is difficult for small and medium-sized businesses. The initial cost of an automated storage and retrieval system includes stacker crane systems, storage units, and racks.
ASRS reduces the need for human interaction in basic tasks such as exact storage of an item at a preset place, retrieval of an item, and transporting commodities to certain processing or interface locations using a stacker crane system. As a result, ASRS deployment lowers labor costs and increases space utilization. The use of ASRS systems and the adoption of stacker cranes are projected to be driven by rising warehouse rents and decreasing warehouse availability.
Stackers improve accessibility in tight and compact spaces, can be easily moved from one position to another, are less expensive to operate, and are easy to maintain. Furthermore, in recent years, the demand for safe and effective material handling equipment in a variety of cross-industry verticals has increased stacker crane sales.
The cost of installing a stacker crane warehouse and system is significant. This technology necessitates precise setup, which necessitates the use of skilled personnel. Furthermore, the cost of maintaining and updating numerous subsystems is frequently prohibitively expensive for businesses. Making such large investments is difficult for small and medium-sized businesses. Storage units and racks are among the most expensive initial components of an automated storage and retrieval system, according to stacker crane market trends.
Talk to Analyst About This [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-14302
Swisslog AG (Switzerland), Daifuku Co. Ltd (Japan), Murata Machinery Ltd (Japan), and Kion Group AG dominate the stacker crane market (Germany).
Stacker crane market demand analysis indicates that these organizations provide turnkey crane automation services and extensive global distribution networks. These organizations have implemented broad expansion tactics, including collaborations, partnerships, and mergers and acquisitions, to gain traction in the developing market for stacker cranes.
Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape
Spiral Freezer Market – Spiral Freezer Market By Type (Small Capacity, Medium Capacity, and Large Capacity), By Application (Meat Processing, Seafood & Fish, Bakery Products, and Others) & Regional Forecast till 2032
VVT Actuators Market – VVT Actuators Market By Placement Side (Intake Side, Exhaust Side, Others), By Implementation Method (Cam Switching, Cam Phasing, Oscillating Cam, Eccentric cam drive, Three-dimensional cam, lobe Two shaft combined cam, lobe profile Coaxial two shaft combined cam lobe profile, Helical camshaft, Camless engines), By End Use Applications (Automotive, Aerospace & Avionics, Marine, Others), & Regional Forecast till 2032
Rubber Extruder Market – Rubber Extruder Market by Product Type, Component, End-User & Region – Forecast 2022 – 2032
Vision Guided Robots Market – Vision Guided Robots Market By Type, Component Type, Industry Vertical & Region – Forecast 2022 – 2032
Seam Welding Machine Market – Seam Welding Machine Market by Mode, Product Type, Wheel-Contact, End-User & Region – Forecast 2022 – 2032
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact: Future Market Insights, Unit No: 1602-006 Jumeirah Bay 2 Plot No: JLT-PH2-X2A Jumeirah Lakes Towers Dubai United Arab Emirates For Sales Enquiries: [email protected] Website: https://www.futuremarketinsights.com Latest Report: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs
The post Stacker Crane Market is expected to reach 2.02 Bn, and is likely to surge at a vigorous CAGR of 7.0% By 2032 : FMI appeared first on Future Market Insights.
All around the world, women in the engineering industry are inspiring more young females.
Allen Weisselberg, the long-time chief financial officer of the Trump Organization, pleaded guilty on Thursday to tax fraud.
Yangon residents queue to buy cheap vegetable oil as prices spike in Myanmar - Copyright AFP STRDozens of people queue under monsoon drizzle for...
A Shanghai court said Friday it has sentenced Chinese-Canadian tycoon Xiao Jianhua to 13 years in prison for financial crimes.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.