Reach Stackers Market Will Grow at Highest Pace Owing to Increasing Trade Activities

Reach stacker market is primarily driven by expanding international trade activities globally. Reach stackers are used extensively for loading and unloading of containers at seaports and inland container depots. They are equipped with telescopic arms and forklifts that can handle containers stacked in multiple rows or tiers. Reach stackers offer higher efficiency compared to conventional forklifts and cranes as they can pick and place containers stacked in four to five vertical rows and shuttle them efficiently. With growing globalization and surging seaborne trade volumes, the demand for reach stackers is accelerating from port operators to ensure faster turnaround of cargo vessels.
The reach stacker market is estimated to be valued at USD 2.37 Bn in 2024 and is expected to reach USD 3.48 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Key Takeaways

Key players operating in the Reach stacker market are Anhui Heli, Clark, Doosan Corporation, Hyundai Motor Company, Konecranes, Mitsubishi Electric India Pvt. Ltd., Pettibone Traverse Lift, LLC, SANY America, Toyota, Terex, Mobicon Systems, Hoist Material Handling, Inc., Landoll Corporation, LLC, Crown Equipment Corporation, LiuGong, Liuzhou Liugong Forklift Co., Ltd., Hangcha Group, NC Nielsen, Kalmar, Manitou, and Mantrac Group.

The Reach Stacker Market Growth for efficient cargo handling at ports and warehouses is a major factor driving the reach stacker market. With increasing container ship sizes and escalating trade volumes, ports need to enhance productivity which remains a key factor augmenting demand for reach stackers. Technological advancements in reach stackers such as increased lifting capacity and adaptability for various container sizes are appealing to customers.
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