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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Reach Stacker market for 2018-2023.
A reach stacker is a vehicle used for handling intermodal cargo containers in small terminals or medium-sized ports. Reach stackers are able to transport a container short distances very quickly and pile them in various rows depending on its access.
Reach stackers have gained ground in container handling in most markets because of their flexibility and higher stacking and storage capacity when compared to forklift trucks. Using reach stackers, container blocks can be kept 4-deep due to second row access.
The Europe is the largest market for Reach Stackers, followed by USA with respective volume shares of 40.95% and 26.28% in 2015. Europe is the largest regional market with 37.93% of global market volume, followed by Asia Pacific and North America. From 2010 to 2015, Asia Pacific was the fastest-growing region with China and India driving expansion.
From the view of application market, 51.66% is the most active and potential field because of the widely use of Intermodal Freight Transport in 2015. Although there is big difference between big companies such as Kalmar with new companies, especially in the price of products, customers still willing to pay more money to achieve products or service with higher quality. Therefore, it will become harder and harder for a new company which doesn't have its own core technology and R&D team to survive in this technology-intensive battle.
For the forecast period 2016-2021, China will record faster-than-average annual growth rates of 11.23% in Reach Stackers. North America, Western Europe and Japan are relatively mature markets and are forecast to show below-average growth for transparent barrier film during the forecast period.
Over the next five years, LPI(LP Information) projects that Reach Stacker will register a 4.0% CAGR in terms of revenue, reach US$ 510 million by 2023, from US$ 400 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Reach Stacker market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Under 30 Tonnes
- Between 30-45 Tonnes
- Between 45 to 100 Tonnes
Segmentation by application:
- Port Container
- Railway Goods Yard
- Intermodal Freight Transport
- Others Such as Airport
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- CVS Ferrari
- Taylor Machine Works
- Linde Material Handling
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Reach Stacker consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Reach Stacker market by identifying its various subsegments.
- Focuses on the key global Reach Stacker manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Reach Stacker with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Reach Stacker submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.