The constantly evolving stacker truck market and other major driving factors is expected to favor the rise in the global stacker truck market
Reports and Insights has published a new report titled, “Stacker Truck Market: Opportunity Analysis and Future Assessment 2022-2030”
Global Stacker Truck Market, By Type (Pedestrian, Stand On, Rider-Seated), By Powertrain Type (Internal Combustion Engine, Electric Motor), By Tonnage (Below 5 Ton, 5 – 10 Ton, 10 – 15 Ton, Above 15 Ton), By Application (Retail Store Applications, Small Manufacturing Operations and Warehouses, Dock to Stock, Others), By End-User Industries (Retail & Wholesale, Warehouse, Logistics, Automotive, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
In any loading bay or warehouse, there is a huge amount of heavy lifting to be done. Surely, there is an immense need for some kind of lifting equipment. A stacker truck primarily serves as a machine intended to support the user in moving, lifting, and handling heavy loads and materials with ease. A stacker truck itself is a flat and horizontal-structured equipment broadly used to carry and transport goods in a robust fashion.
Growing demand for various end use applications will continue to drive demand for stacker trucks. The rapid rise in the adoption and usage of trucks all across end-use applications has underlined the need for utilization of industrial trucks in day-to-day operations. The industrial trucks are considered as one of the safest and ideal vehicles for everyday business activities.
In addition to that, the rising technological advancements in the automobile industry along with the soaring costs of diesel and other fuels, the demand for electric vehicles is further climbing up all across the global markets. Said factors are further estimated to elevate the growth of the global stacker truck market over the following years.
Moreover, the industrial truck vehicles are far and wide available for customers all across several different platforms worldwide. The leading manufacturers of the market are offering their industrial truck vehicles by means of different channels. It allows the end-consumers to pick their own choice with their desirable brand, size, price range and others. Thus, the global stacker truck market is projected to witness significant growth over the years.
Reports and Insights Study identifies some of the key participating players in the stacker truck market globally are Caterpillar Inc., Linde Material Handling, Jungheinrich AG, Raymond Corporation, Crown Equipment Corporation, Doosan Corporation, Hangcha, Hyster-Yale Materials Handling, Inc., KION Group AG, Komatsu Ltd., Mitsubishi Logisnext Co., Ltd., Toyota Material Handling, Jost's Engineering Company Limited, among others.
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