Global Stacker Truck Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Stackers Trucks are Material Handling Equipment (MHE) used for the lifting and raising of heavy loads in various industries ranging from construction to Logistics and Manufacturing. Often stacker trucks fitted with smooth steerable wheels, that permits to transport large items around the workplace. Growing logistics industry and rising e-commerce sector are key drivers for the growth of Stacker Truck market. For instance, according to Asian Development Bank's ADB BRIEFS 2020 report - Indian Logistics industry is anticipated to be a USD 215 billion industry in 2020. And as per ADB's projections it is estimated to expand through 2032 at a rate, which would be 1.2 times of India's gross domestic product (GDP) and would generate USD 360 billion in value. As per global database management company statista - size of the logistics market in North America in the year 2020 estimated at USD 992 billion and by the year 2025, it is projected to reach to USD 1254 billion. Also, with the increasing adoption from end use industries and rising adoption, the adoption & demand for Stacker Truck is likely to increase the market growth during the forecast period. However, supply chain disruption owing to covid 19 pandemic impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Stacker Truck market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing demand from logistics and manufacturing industries. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as growing construction sector and increasing demand for the product from e-commerce and manufacturing industries would create lucrative growth prospects for the Stacker Truck market across Asia-Pacific region.

Major market player included in this report 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.,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Power-train Type:
Internal Combustion Engine
Electric Motor
By Tonnage:
Below 5 Ton
5 - 10 Ton
10 - 15 Ton
Above 15 Ton
By End Use Industries:
Industrial
Construction
Manufacturing
Logistics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Stacker Truck Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors