Global Stacker Crane Market Report and Forecast 2024-2032

Global Stacker Crane Market Outlook

The global stacker crane market size reached approximately USD 1136.33 million in 2023. The market is further projected to grow at a CAGR of 7.1% between 2024 and 2032, reaching a value of USD 2106.73 million by 2032.

Key Trends in the Market

Stacker crane is a handling equipment that runs on two rails out of which one is mounted on the roof and the other on the floor. This type of machine moves vertically and horizontally to pick and store various types of goods in various storage facilities.

• The demand for automated storage and retrieval solutions from retail and e-commerce and pharmaceutical sectors is rising rapidly as it eliminates the need for human intervention, thus  reducing the overall labour costs.

• Growing population and globalisation have resulted in increased demand for consumer goods and industrial growth of developing countries such as India, Mexico, China, and Brazil, respectively. This, in turn, is boosting the requirement for automated warehouse solutions, leading to an increased stacker crane market demand.

• Technological advancements including incorporation of internet of things in stacker cranes helps in connecting the internet to the device, allowing the manager to keep a record of crane status and performance in real time.

Global Stacker Crane Market Analysis

On the basis of type, the market is bifurcated into single column and double column. Based on operation type, the market is segmented into semi-automatic and automatic. By end use industry, the market is categorised into e-commerce/retail and wholesale, consumer goods, pharmaceutical, and automotive, among others. Based on region, the stacker crane market segmentation North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• SSI SCHAEFER Group

• American Crane & Equipment Corporation

• Daifuku Co., Ltd.

• Kion Group AG

• KNAPP AG

• Vanderlande Industries B.V.

• Doosan Logistics Solutions Co. Ltd.

• Interroll Group

• Others

Market Share by Type

The single columns are expected to account for a significant stacker crane market share owing to their ability to integrate with existing storage infrastructure using less capital in comparison to double columns. The rising demand from industries such as retail, pharmaceutical, and consumer goods is further aiding the growth of the single column segment. Moreover, increasing awareness about the various advantages associated with single columns including reduction of overall cost of the project, easy movement of the system, and consumption of less energy is further bolstering their utilisation.

Market Share by Region

The Asia Pacific is anticipated to hold a significant share of the market owing to the increasing requirement for efficient warehousing and logistics due to population growth and rapid economic development. Increasing domestic consumption and strong presence of export-oriented manufacturing industries in countries such as India and China are major factors boosting the requirement for automation solutions in the region. Shortage of space and labour has resulted in an increased adoption of stacker cranes in Japan, aiding the stacker crane market growth in the Asia Pacific.

Competitive Landscape

SSI SCHAEFER Group was founded in 1937 and is headquartered in Neunkirchen, Germany. The company is known for providing products and systems for waste engineering and intra-company material flows.

American Crane & Equipment Corporation is a machinery manufacturing company that was founded in 1882 and is headquartered in Pennsylvania, United States. The company is known for manufacturing custom lifting and overhead material handling equipment, among others.

Daifuku Co., Ltd. was established in 1937 and has its headquarters located in Osaka, Japan. The automation machinery manufacturing company specialises in material handling, warehouse automation, and intralogistics automation, among other activities.

Other stacker crane market key players include Kion Group AG, KNAPP AG, Vanderlande Industries B.V., Doosan Logistics Solutions Co. Ltd., and Interroll Group, among others.

Key Highlights of the Report