Stacker Market 2020 - Analysis, Size, Business Growth, Trends and Projections by 2026

Allied Market Research published a report, titled, "Stacker Market by type (Electric, Manual/Hydraulic, and Semi-Electric) and End User (Retail & Wholesale, Logistics, Automobile, Food & Beverages, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026."

According to the report, the global stacker industry generated $2.03 billion in 2018, and is estimated to garner $3.13 billion by 2026, registering a CAGR of 5.3% from 2019 to 2026.

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Asia-Pacific to dominate throughout the forecast period

Based on region, Asia-Pacific accounted for the largest market share in terms of revenue, contributing to nearly two-fifths of the global stacker market in 2018, and is expected to dominate throughout the forecast period. Moreover, this region is estimated to maintain the highest CAGR of 6.4% from 2019 to 2026.

The electric segment to maintain its lead status during the forecast period

Based on type, the electric segment contributed to more than one-third of the total share of the global stacker market in 2018, and is expected to maintain its lead status during the forecast period. Moreover, this segment is expected to register the fastest CAGR of 5.5% from 2019 to 2026.

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The retail & wholesale segment to continue its lion's share in terms of revenue by 2026

Based on end user, the retail & wholesale segment accounted for the highest market share of the global stacker market, accounting for nearly two-fifths of the total market share in 2018, and is expected to continue its lion's share in terms of revenue by 2026. This is attributed to enhanced transportation network between different countries and continents leading to rise in storage of goods in warehouses.

Leading market players
o CLARK Material Handling Company
o Crown Equipment Corporation
o Doosan Corporation
o Godrej and Boyce Manufacturing Company
Limited
o Hangcha Group Co., Ltd.
o Hyster-Yale Materials Handling, Inc.
o Jungheinrich AG
o KION Group AG
o Mitsubishi Logisnext Co., Ltd.
o Toyota Industries Corporation

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