stacker crane market trends, stacker crane market demand, stacker crane market report, stacker crane market growth, stacker crane market share, stacker crane market outlook
What is the present valuation and projected CAGR of the stacker crane market?
The stacker crane market size has grown strongly in recent years. It will grow from $1.16 billion in 2024 to $1.25 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to warehouse automation, space utilization, e-commerce growth, material handling advancements, and Industry 4.
The stacker crane market size is expected to see strong growth in the next few years. It will grow to $1.68 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to artificial intelligence integration, internet of Things advancements, rising labor costs, sustainability initiatives, and increasing demand for real-time inventory management. Major trends in the forecast period include artificial intelligence-driven operations, Internet of Things connectivity, autonomous systems, sustainability focus, and enhanced real-time inventory tracking.
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What key drivers have fueled the stacker crane market’s development over the years?
The increasing adoption of automation is expected to propel the growth of the stacker crane market going forward. Automation utilizes technology to carry out tasks autonomously or with minimal human involvement, often aimed at enhancing productivity and reducing manual effort. The increasing adoption of automation is due to rising labor costs, advancements in technology, the need for improved efficiency, increased competitiveness, and a growing focus on safety and reliability. Stacker cranes revolutionize warehouse operations by automating the storage and retrieval of goods, making operations more efficient and responsive to modern supply chain demands. They enhance productivity, optimize space, and reduce labor costs, driving increased adoption of automation in warehouses. For instance, in May 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, industrial robot installations in manufacturing climbed by 12% overall in 2022 to reach 41,624 units. Therefore, the increasing adoption of automation is driving the growth of the stacker crane market.
What is the segmentation for the stacker crane market?
The stacker crane market covered in this report is segmented –
1) By Type: Single Column, Double Column
2) By Operation: Semi-Automatic, Automatic
3) By Application: Autostart, Early Baggage Storage, Sortation System, Robotized Order Preparation
4) By End Use: Consumer Goods, E-Commerce And Retail, Pharmaceutical, Automotive, Other End Users
Subsegments:
1) By Single Column: Narrow Aisle Stacker Cranes, Standard Single Column Stacker Cranes
2) By Double Column: High-Capacity Double Column Stacker Cranes, Heavy-Duty Double Column Stacker Cranes
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Who are the most influential companies in the stacker crane market?
Major companies operating in the stacker crane market are Toyota Industries Corporation, Doosan Corporation, Kion Group AG, Murata Machinery Ltd., Jungheinrich AG, Daifuku Co. Ltd., KUKA AG, Hyster-Yale Materials Handling Inc., Schafer Systems International Inc., Vanderlande Industries B.V., KNAPP AG, Mecalux S.A., TGW Logistics Group GmbH, Swisslog Holding AG, Viastore SYSTEMS GmbH, Alstef Group SAS, System Logistics S.p.A, ATOX Sistemas De Almacenaje S.L., LTW Intralogistics GmbH, Cassioli Group S.r.l., Electromech Material Handling Systems (India) Private Limited, Uteco Contec S.r.l
What are the top industry trends projected to impact the stacker crane market?
Major companies operating in the stacker crane market are focused on developing innovative products, such as flagship industrial cranes, to enhance efficiency and productivity. A flagship industrial crane is a top-of-the-line or high-performance crane designed for heavy-duty industrial applications. These cranes are usually characterized by their advanced features, robust construction, high lifting capacities, and versatility to handle various loads and challenging operational environments. For instance, in March 2024, Konecranes Oyj, a Finland-based manufacturer of cranes, launched the flagship Konecranes X-series industrial crane. This innovative crane integrates advanced digital technologies to enhance operational efficiency and safety significantly. Its crucial feature is real-time monitoring and predictive maintenance capabilities facilitated by sensors and IoT connectivity. This smart, connected solution improves reliability and operational uptime and provides actionable insights to operators and maintenance teams, setting a new standard in industrial crane technology for efficiency and reliability.
What are the major regional insights for the stacker crane market, and which region holds the top position?
Asia-Pacific was the largest region in the stacker crane market in 2023. The regions covered in the stacker crane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Stacker Crane Market Report 2025 Offer?
The stacker crane market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A stacker crane is material handling equipment commonly used in warehouses, distribution centers, and manufacturing facilities. It is designed to efficiently and automatically handle and store goods or materials in vertical storage systems such as pallet racks or shelving.
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