Global Stacker Cranes Market (2021 to 2027) – Development of Robotic Stacker Cranes Presents Opportunities

DUBLIN, February 25, 2022–(BUSINESS WIRE)–The “Global Stacker Cranes Market by Type (Single Column, Double Column), Type of Operation, End-Use Industry (Automotive, Consumer Goods, E-Commerce/Retail & Wholesale, Pharmaceuticals), Market, and Region robotic stacker cranes – Forecast to 2027″ report has been added to from ResearchAndMarkets.com offer.

The Stacker Cranes market size is expected to reach USD 1,442 million by 2027, from approximately USD 976 million in 2021, growing at a CAGR of 6.7% from 2021 to 2027.

Growing popularity of automated material handling equipment and warehouses

Low cost of capital, rapid return on investment (ROI), and high degree of customization possibility encourage manufacturing companies to invest more in factory automation and automated warehouse. AMH equipment is used in end-use industries such as the automotive, chemical, food and beverage, healthcare, aviation, metals, and heavy machinery industries. Reduced production time, fewer errors, increased workplace safety and ergonomics, ability to improve production volume, increased accuracy and repeatability are some of the benefits of AMH.

The widespread use of AMH equipment, such as automated guided vehicles (AGVs), ASRSs, conveyors, stacker cranes and robots, helps meet material handling requirements such as picking and placement, storage, retrieval and transport. AMH equipment enables just-in-time (JIT) delivery of raw materials, computerized control of assembled parts received, and tracking of items in factories and storage locations.

Warehouse automation enables increased throughput, better resource utilization, reduced labor, lower operational costs, lower handling and storage costs, less human error, productivity and efficiency increased and fewer out-of-stock events. Hence, the warehouse automation market is growing.

The automatic stacker crane segment is expected to hold a dominant share throughout the forecast period as it is rapidly improving its ability to operate without human intervention

The automatic stacker cranes are controlled by the warehouse control system. They are pre-programmed using an algorithm to perform goods detection through sensors. An automated stacker crane eliminates downtime and unnecessary movement by pre-calculating using a warehouse management system. Thus, the user can improve the capacity and efficiency of his warehouse with the same floor space.

Asia-Pacific is expected to hold the largest market share by 2027

Asia-Oceania is expected to hold the largest stacker crane market share by 2027 due to growing adoption in China and India. While other countries in the region, such as Japan and South Korea, are expected to improve their share through the upgrading and modernization of existing stacker crane systems. In addition, global equipment manufacturers of stacker cranes are relocating their operations to the region. Technology transfer has led to a growth in the number of local players, which should reduce the cost of adapting stacker cranes in the region. Hence, the region is expected to increase its share over the forecast period.

Market dynamics

Drivers

Constraints

Opportunities

  • Industrial growth in emerging economies

  • Development of robotic stacker cranes

  • Growing demand for third party logistics (3Pl)

Challenges

Companies cited

  • Alstef Group

  • Atox Systems De Almacenaje, SA

  • Beumer Group

  • Cassioli

  • Clark Material Handling

  • Daifuku

  • Doosan Corporation

  • Electromail

  • Godrej Koerber Supply Chain Limited

  • Hyster-Yale Materials Handling

  • Jungheinrich AG

  • Global Kalmar

  • Kion Group AG

  • Knapp AG

  • Ltw Intralogistics GmbH

  • Mecalux, Inc.

  • Mias Group

  • Mitsubishi Logisnext Co.,Ltd

  • Murata Machinery, Ltd.

  • Ssi Schaefer

  • Swisslog AG

  • Tgw Logistics Group

  • Toyota Industries Corporation

  • Vanderlande Company

For more information on this report, visit https://www.researchandmarkets.com/r/mjyogz

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220225005371/en/

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