About Electric Stacker
Electric Stacker is a power propelled device which is used for lifting and loading a pallets on a shelves. It is also known as a walkie stacker. This device mostly found in a warehouses. Electric Stacker has a mast and fork that help in the lifting and stacking of loads mainly pallets. Electric Stacker most commonly used in place of a forklift. Its function is to pile bulk material such as limestone, ores and cereals on to a stockpile. A reclaimed can be used to recover the material.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Electric Stacker is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that China Manufacturers will contribute the maximum growth to Global Electric Stacker market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hyster-Yale Group, Inc (United States), Godrej (India), Hyundai (South Korea), Jungheinrich AG (Germany), Kalmar Global (Finland), Toyota (Japan), ePicker (United States), Xilin (China), Ace Crane (India) and Paramac (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are EP Equipment (China), Baoli EMEA (Italy) and Multiway Robotics (China).
Segmentation Overview
AMA Research has segmented the market of Global Electric Stacker market by Type (Electric Straddle Stacker, Electric Reach Stacker, Ride on Electric Stacker, Counter-Balance Electric Stacker and Standard Electric Stacker), Application (Manufacturing Plants, Retail Stores, Factory Floors, Warehouse Facilities and Other) and Region.
On the basis of geography, the market of Electric Stacker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Portable will boost the Electric Stacker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. 1000 Kg will boost the Electric Stacker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sale will boost the Electric Stacker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Penetration and uses of Advanced Robotics in Electric Stacker Manufacturing
Market Growth Drivers:
Rising Demand in Workplaces for Goods and Pallets Lifting, Demand in Systematic Goods Loading and unloading in Factory and Transport and Rising Demand in Goods Handling in Retail and Supermarkets
Challenges:
High cost Maintenance Associated with Electric Stacker and Lack of Trained Employees Handling Pallet Stacker
Restraints:
High Initial Cost Associated with Electric Stacker
Opportunities:
Rapid Growth in Industrial Sectors and Technological advancements and rapid uses of AI
On 25 June 2021, Material handling equipment provider ePicker, a new brand in the market, today launched its fleet of stackers, pallet jacks, access vehicles and Lithium-Ion powered forklifts aimed at maximizing the efficiency and productivity of material handling operations.
Key Target Audience
Electric Stacker manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.