Stacker Crane Market: Global Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segment Analysis

Stacker Crane Market size was valued at US$ 1043.43 Mn. in 2022 and the total revenue is expected to grow at 6.8% of CAGR through 2023 to 2029, reaching nearly US$ 1,653.73 Mn.
Stacker Crane Market Overview:
The stacker crane combines a forklift with an EOT crane. The stacker crane has several operational benefits, such as the ability to operate in smaller spaces than a forklift does. The racks act as support for the stacker crane, eliminating the need for extra structures. Because they are electrically powered, they don't release dangerous exhaust gases. Furthermore, battery charging doesn't need any downtime. The system's design, which includes a crane installed atop the racks, is naturally secure and poses no risk of falling.

When there are huge quantities of raw materials, components, or completed items stored, ElectroMech's stacker crane is the easy option for efficient access and packaging this drive the market in the forecast period. For optimal space use and effective warehousing operations, these cranes may be customized to the user's needs. The stacker crane can store a wide range of items in various racks at various heights. This enables the most secure storage and retrieval possible.

The stacker crane is used in several industries, including steel, foundries, forging, and other manufacturing and hence the growth of these industries directly affect the market of stacker cranes. It is machinery with several advantages for storing parts including gearboxes, motors, agricultural machinery, automotive dies, tire molds, and more. The report has covered the market size by segments, dynamics & growth factors, which directly affect the stacker crane industry. The segment analysis by end user and geography has captured with micro details, which will give exclusive insight into the stacker crane industry.To know about the Research Methodology :- Request Free Sample Report
Stacker Crane Market Dynamics:
Logistic robots are the rise of automation in warehousing
Robotic logistics is a rising technology that has trended in recent years. Companies have invested in automated storage and retrieval systems (AS/RS) to automate movements as well as the various regions in the facility due to the growing complexity of warehousing and the necessity for flexible and efficient operations. The increase in the use of logistics robots is a response to the need to lower costs and improve systems to create competitive advantages. Logistics robots, as opposed to conventional equipment, ensure maximum throughput, 24/7 if necessary, as well as the security of the products, the workers, and all other components in the warehouse.

Storage robots are a type of Stacker cranes for both boxes (miniload) and pallets available in this category, and they stand out for their capacity and agility while storing and removing products from the racks. Single-mast, twin-mast, and automatic trilateral stacker cranes are only a few of the several varieties of stacker cranes. These storage lanes' horizontal and vertical moving logistics robots automatically insert and remove pallets from racks. Another highly popular automated option that may be used by companies with a lot of items coming in and going out is the automated pallet shuttle. An electric shuttle that moves through the storage channels of this small storage system speeds up pallet loading and unloading.
Emerging countries' industrial growth to boost the Stacker Crane Market
The industrialization of developing countries such as India, Brazil, Mexico, and China has been pushed by globalization. Due to this, international manufacturers have decided to set up operations in certain nations. Many businesses, including food and beverage, pharmaceuticals, retail, and automotive, are concentrating on development in emerging economies due to numerous economic benefits. These sectors' distribution and logistics networks are being put under pressure by the increasing demand for their products. Due to this, the demand for stacker cranes is rising along with the demand for automated warehouses in these sectors. A rise in the usage of effective and automated production and distribution processes would follow from higher industrial expansion.
Involvement of new technology, a new opportunity for stacker crane manufacturers
Automated storage and retrieval systems (AS/RS) play a key role in improving the performance of automated manufacturing systems, warehouses, and distribution centers. In the modern manufacturing industry, the term (AS/RS) refers to various methods under computer control for storing and retrieving loads automatically from defined storage locations. Using an (AS/RS) is not considered a value-added activity. Therefore, the longer (AS/RS) travels, the more expensive the warehousing process becomes. This paper presents an algorithm for minimizing the total travel distance/time between input/output (I/O) stations.

The proposed algorithm is used to manage the storage and retrieval orders on warehouse shelves in class-based storage on the storage racks. It contains two steps: the first step is to evacuate some storage compartments (locations) near the I/O station; in the second step, some tote bins are reallocated to compartments closer to the I/O station. Among the features of this algorithm are mechanisms that determine the number of reallocated tote bins, which tote bins to reallocate, and in which direction (toward the I/O station or away from it). A simulation model using R software developed specifically for this purpose was used to validate the suggested method.

Based on the results, the new method can reduce the service time per order by about 10% to 20%, depending on parameters like the number of orders and the height of the storage rack. these features drive the market growth and involvement of these technologies and upcoming opportunities for new market players.
IoT application to drive market
A new Wireless Asset Management system, may increase fleet efficiency, boost operator effectiveness, cut carbon footprints, and lower total material handling costs for users. Anywhere there is an internet connection, one may enter the portal and view all of the trucks in the fleet that have been fitted with the small and durable telemetry module. It is a complete Internet of Things (IoT) application in forklifts and lifts trucks since the system connects through cellular or Wi-Fi connection to the secure site and can also link with lift vehicles of other manufacturers. drive the market in the forecast period.
Upcoming challenges and solutions before market players
The stacker crane has proven to be the most effective and practical equipment for customers that need to store steel pipes and tubes. The stacker crane that was provided to one of these customers was built for a 2T lifting capacity, with an 18-meter shed width and a 50-meter journey distance. The bundles of steel tubes and pipes may be put away and taken out of the racks with absolute efficiency. The fork's ability to be expanded inside and outward to accommodate long and short tubes in the storage racks is an added benefit for the consumer. Benefits of the stacker crane include duration-free, consistent capacity at all heights. Additionally, it offers greater safety when moving objects, particularly bigger and heavier items. The small column width is made possible by the compact design, which minimizes the use of available space in a given storage area.

Numerous uses may be found for the stacker crane. A steel foundry is another notable use, used for the storing and retrieval of huge patterns and fixtures. The customer to whom the product was pitched manufactures hydraulic casings, castings, and valves for mining equipment. The patterns and fixtures are used to produce these goods in batch sizes. These goods were comfortably kept in the heavy-duty racking systems, which also provided as a complete solution, with the aid of the automated stacker crane. This increases a store's storage density, narrows the aisle, and thanks to automation, increases the store's efficiency.
High switching and integration costs to hamper the future market growth.
A stacker crane costs capital to build at first. This system needs to be installed accurately, hence professional workers must be used. Maintaining and upgrading numerous subsystems typically results in large continuing expenditures for businesses. Small and medium-sized firms typically find it challenging to make such substantial expenditures. An automated storage and retrieval system, which incorporates stacker cranes, storage spaces, and racks, has a high initial investment cost. Software controls several sensors, motors, and other pieces of equipment that are used in combination with a stacker crane.
Stacker Crane Market Segment Analysis:
Based on Type, the Stacker Crane Market is segmented into Single Column, and Double Column. The single-column segment held the highest market share in 2022. The single-column category is expected to have a large market share throughout the forecast period as a result of its use in the fast-moving goods industry. Single-column stacker cranes can quickly and precisely pick and store orders, which makes them more useful in the e-commerce sector. They have enabled speedy order customization responses, which were previously time-consuming with conventional storing and retrieval techniques. The commodities movement and storage are enhanced since it is often implemented as an automated solution, boosting warehouse capacity. To broaden the use of single-column stacker cranes in heavy industries, the majority of the main manufacturers in the sector are also trying to enhance their load capacities.

Single Column Automatic Storage And Retrieval System with Stacker Crane, with the upright frame, beam, loading capacity from 800kg to 4000kg per level, structure up to height 30m, primary specifications nearly identical to heavy duty pallet rack; As "high-rise" racks, they may support stacker cranes, exterior walls, intermediate levels, and services in addition to pallet loads.

Machines built for automatic material storage move across the warehouse's corridors, A management software system directs the stacker crane to enter, place, and withdraw items while coordinating all of the actions.

The current invention relates to a single-column laneway goods stacker, which includes a lifter driving mechanism, a rope breaking protection mechanism, a stacking lifter, a forked device, a stacker walking device, and a stacker frame. The lifter's main frame is made of a steel plate, a rectangular square tube, and a tightening piece, which are all joined by a tightening piece; the lifter has six sets of main oriented wheels and two sets of auxiliary oriented wheels, and the stacker frame is positioned vertically on the stacker walking device.

The stacking lifter is mounted on a main upright column using the main oriented wheels and the auxiliary oriented wheels, which can move freely on the main upright column's sliding rail from top to bottom. The lifting platform of the stacking lifter is equipped with the fork device, which is made up of a fixed frame and an upper slide mounted on the fixed frame. The innovation has a rational construction, dependable performance, slick operation, quick pick-up times for the goods, high operational efficiency, energy conservation, and easy maintenance.

By Operation Type, the Stacker Crane Market is segmented into automatic and semi-automatic. Automatic type held a larg market share in 2022. Automated Stacking Cranes (ASC) are gantry cranes installed on rails and are used to stack containers so that they are parallel to the pier. As a result of their ability to stack, move, and retrieve containers more quickly and continuously, they have emerged as a crucial part of container terminal automation. An ASC control station may be seen in the image above, where an employee is watching several container stacks at the Manzanillo International Terminal (Colon, Panama). The method is fully automated, but if the crane cannot latch to the container anchor points within a certain window, the operator will manually step in. A virtual image of the whole container yard is located above the station.

Automated stacker cranes' uses for automated material storage To enter, arrange the load, and withdraw the materials, staker cranes travel longitudinally along the aisles between the pier shelves. The loading units are taken from the proper bays by the handling device, which then deposits them in the storage cells. And more details are covered in the report.

By End-use Industry, based on the end-use segment automotive held the highest market share in 2022. In the storage areas of a logistics facility, automated stacker cranes are handling equipment that travels both horizontally and vertically. They are charged for moving, keeping, and removing items from their spots in the racks using extendable forks that are set up in the machine's cradle. Operations for storage and extraction can be carried out separately (simple cycle) or jointly (combined cycle). The natural motion a stacker crane makes to store a single item is referred to as the simple cycle. The stacker crane deposits a load and picks up another during the combined cycle in a single motion. Combining cycles thereby minimizes motions and streamlines flows.

Some factor that boosts the automotive type staker crane market is Automation is a key component of automated stacker cranes' principal benefits. The flow of motions rises significantly as a result of these machines' continuous operation, while errors are reduced. They provide a high level of production and efficiency, in other words. The ability to carry items up to 148' high and through aisles just 5' wide makes it possible to build large-capacity facilities, which is another benefit of automated stacker cranes.

An improvement in a company's supply chain efficiency may be seen with the installation of automated stacker cranes. Businesses that have high stock turnover rates and frequent entry and exit use this solution to streamline their storage processes.

Standard forklifts cannot operate in facilities where the storage capacity must be raised via the use of height. As a result, the only handling machinery that can work with racking exceeding 131' high is automated stacker cranes. A new logistics facility was created by Hayat Kimya, a major producer in the Eurasian fast-moving consumer goods industry, to handle the company's increased output and shorten the time it takes for items to enter and leave the country. One of the highest automated warehouses in Europe, standing 151' tall.

The best approach to profit from a robust supply chain and successfully address the biggest logistical difficulties affecting businesses today is to invest in technological solutions like automated stacker cranes. Automated stacker cranes have recently become crucial in Logistics 4.0.

Businesses across various industries, including those in the food and automotive sectors, may benefit from the increased efficiency that comes with using stacker cranes in a warehouse. MMR reports collects data and deep analysis help for guidance on how to improve logistics performance with the use of an automated stacker crane, finding the best solution for the company.
Stacker Crane Market Regional Insights:
The Asia pacific region dominated the market with xx% share in 2022. The Asia pacific region is expected to witness significant growth at a CAGR of xx% through the forecast period. China's and Indian market was dominating in the Asia Pacific Stacker Crane Market by Country in 2020 and would remain so until 2029, resulting in a market value of $xx million by that year. The CAGR for the Japanese market is expected to be xx% throughout the forecast period (2023-2029). The Indian market will also reach at a CAGR of xx% throughout the same Forecast period.

The increasing number of government initiatives in the area is a key characteristic. For example, the Indian government developed Project Unnati, in which key performance indicators for 12 important ports were increased through the use of global benchmarks. 12 major ports' 116 projects were found to have the ability to increase productivity and free up more than 100 MTPA capacity. As a consequence of 93 initiatives, more than 80 MTPA capabilities have been unlocked. To close the demand gap and significantly increase capacity, two new important ports are planned. Greenfield ports are being proposed in Vadhavan (Maharashtra) and Paradip Outer Harbour (Odhisha).

The market would expand as a result of the ongoing increase in infrastructure projects taking place all over the world. Global population growth and economic expansion have accelerated infrastructure investment, especially in developing nations. As a result, the market is expected to have strong growth because of an increase in residential complexes, road construction, and infrastructure development, especially in emerging countries. Additionally, the improvement and simplification of warehouse and logistics operations will be necessary to fulfil customer demand in a business environment that is always changing. Stackers can be moved easily from one place to another, are less expensive to operate, and require no maintenance. They are also more accessible in small, enclosed locations. Additionally, the usage of stacker cranes has increased recently due to the necessity for safe and efficient material handling equipment across a range of cross-industry verticals.
Competitive landscape
Kion Group AG, Murata Machinery Ltd, Daifuku Co. Ltd, and Swisslog AG are key players in the staker crane marketDoosan Industrial Vehicle, Korea’s first forklift manufacturer, has continued providing quality products and services. DIV values customers and customer satisfaction the most. To market and manage autonomous logistics robots in South Korea, Doosan Logistics Solutions and the Chinese robotics company Greek+ announced their strategic partnership in November 2020. Greek+ holds a 16 percent market share for autonomous mobile robots. Utilizing stacker crane market adoption trends, the purchase is meant to expand its product offering and assist it in maintaining its position in the logistics and automation industry.

AFT Industries, a supplier of material handling equipment to car manufacturers, signed a strategic collaboration deal with Daifuku Industries in February 2021.

According to a study of MMR the stacker crane market's demand, these companies provide comprehensive worldwide distribution networks and complete crane automation services. To gain momentum in the expanding market for stacker cranes, these companies have pursued extensive development strategies, including as alliances, mergers, and acquisitions.
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Stacker Crane Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1043.43 Mn.


Forecast Period 2023 to 2029 CAGR:
6.8%
Market Size in 2029:
US $ 1,653.73 Mn.


 Segments Covered:
by Type
1. Single Column
2. Double Column


by Operation Type
1. Semi-Automatic
2. Automatic


by End-Use Industry
1. Consumer Goods
2. E-commerce/Retail & Wholesale
3. Pharmaceutical
4. Automotive
5. Others



Stacker Crane Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Stacker Crane Market Key Players
1. ATOX Sistemas de Almacenaje, S.A.
2. Beumer Group
3. Cassioli Group
4. CLARK Material Handling Company
5. Daifuku
6. Doosan Corporation
7. Godrej Koerber Supply Chain Limited
8. Hyster-Yale Materials Handling, Inc.
9. Interroll Group 
10. Jungheinrich AG
11. Knapp Ag
12. LTW Intralogistics Gmbh Zentrale
13. Mias Group
14. Mitsubishi Logisnext Co., Ltd.
15. Murata Machinery, Ltd
16. SSI SCHAFER
17. SWISSLOG AG
18. Tgw Logistics Group
19. Toyota Industries Corporation
20. Vanderlande Corporation
Frequently Asked Questions:
1] What segments are covered in the Global Stacker Crane Market report?
Ans. The segments covered in the Stacker Crane Market report are based on Product Type and End User.

2] Which region is expected to hold the highest share in the Global Stacker Crane Market?
Ans. The asia pacific region is expected to hold the highest share in the Stacker Crane Market.

3] What is the market size of the Global Stacker Crane Market by 2029?
Ans. The market size of the Stacker Crane Market by 2029 is expected to reach US$ 1,653.73Mn.

4] What is the forecast period for the Global Stacker Crane Market?
Ans. The forecast period for the Stacker Crane Market is 2022-2029.

5] What was the market size of the Global Stacker Crane Market in 2022?
Ans. The market size of the Stacker Crane Market in 2022 was valued at US$ 1043.43 Mn.