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Global Reach Stacker Market Size, Status, Growth Opportunity by Regions, Share, Analysis,Leading Players(Cargotec Oyj, Kalmar Global, Sany Global), Forecast Till 2018-2025
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The global trade industry, which has been in doldrums during the economic crisis, is experiencing improvements in demand for shipping services. Economic development activities such as the Economic Partnership Agreement between the European Union and Japan, and the European Union–Canada Comprehensive Economic and Trade Agreement are supporting trade flows. Reach stackers are modern container handling equipment used for handling cargo containers and for ship-to-shore transportation in medium-sized ports. It may open a window of opportunities for manufacturers and distributors in the Reach Stacker Market in the foreseeable future. As a result of positive developments in the global trade, the container industry is likely to flourish in the upcoming years.
The United Nations Conference on Trade and Development (UNCTAD) states that world seaborne trade volumes increased by over 2.5% up to 10.6 billion ton by 2017-end. In addition, containerized trade also witnessed growth by around 4.5% in volume, depending on which the UNCTAD forecasts that world seaborne trade volume will increase by more than 3% by 2022-end. This is directly resulting in most ports investing in advanced container handling equipment such as reach stacker and the ultimate growth of the reach stacker market.
Leading Players in the Reach Tracker Market to Incorporate Advanced Technologies to Gain Momentum
With the increasing competition in the reach tracker market, the trend of product innovation is becoming highly popular among market players. Leading manufacturing companies are using next-generation technologies to develop highly innovative and technological advanced reach stackers. It may help market players to differentiate their reach stackers with unique features from those commonly available in the reach stacker market. Sany Global, a Chinese multinational manufacturing company, invests heavily in its research and development (R&D) department to develop technological features such as advanced fault detection system and test detection system. The company also used inching control technology to combine a multi-function control joystick and an electro-hydraulic control curve to provide an outstanding control over the operation of reach stackers.
Cargotec Oyj is a Finnish manufacturer of cargo handling machinery for ports, terminals, and ships, and a global leader in the reach stacker market. Kalmar Global, a leading manufacturer of cargo handling equipment and a part of Cargotec, introduced its K-Motion solution, which is a drive train system embedded into the computerized program of its Gloria reach stackers. The company states that the Kalmar K-Motion solution elevated the uptime of reach stackers that improves their productivity and efficiency, ultimately resulting in the reduction of fuel consumption and running costs. The company employed cutting-edge technological advancements to integrate reach stackers with smarter programs and intelligent controls, as well as to reduce the fuel consumption by up to 40%. Cargotec is also adopting advanced technological solutions to develop intelligent cargo handling equipment to attract more investors from around the globe.
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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