Reach Stacker Market: Reach Stacker Adoption to Steadily Ascend in Resonance with Swelling Seaborne Trade

Reach Stacker Market: Reach Stacker Adoption to Steadily Ascend in Resonance with Swelling Seaborne Trade

The steady flow of materials and goods is the backbone of the modern world. With the enhancing efficiency of data-driven logistics, the swift, safe and precise container handling in ports and terminals has become even more important. This is further making it impossible to imagine a sea port without a reach stacker, which can lift and move tens of thousands of containers daily. With manufacturers rapidly increasing stacking and storage capacity of reach stackers, these container handling equipment are witnessing wide adoption at harbors worldwide. Reach stackers are not just the most frequently observed container handling equipment, but also getting recognized as a key success factor in intermodal transport, owing to their growing adoption for safe and quick container handling.

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Growing traction for reach stacker as one of the most flexible container handling solutions to operate at a smaller one unit terminal and medium-sized port as well, is pacing up the gains for the market. As reach stacker can handle heavy containers efficiently even in narrow lanes, while ensuring the driver has ideal visibility, it is increasingly replacing forklift and other conventional container handling equipment. Even the Fact.MR analysts have mentioned this growth in its latest business intelligence, estimating the sales of reach stackers to reach ~US 275 Mn in 2018. The market for reach stacker continues to pick steady pace, owing to the widening applications of this highly versatile and agile equipment for lifting containers of varying capacities.

Shipping continues to be the oxygen of global economy in numerous ways, with the international shipping industry responsible for the carriage of ~90% of world trade. According to UNCTAD stats, the global seaborne trade is expanding at improved 4% rate. As shipping lays the foundation for the intercontinental trade, large scale transportation of raw materials, and the import/export of reasonable food and manufactured goods, handling equipment used at harbors and sea ports have been garnering significant limelight in the recent years. Seaborne trade continues to thrive, bringing benefits for consumers across the world via competitive freight costs. This proliferating seaborne trade has led to an increased demand for efficient and quick container handling equipment that can operate precisely and efficiently even amid the highly congested seaports.

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Growing use of containers for sea transportation has been creating a greater need for efficient, quicker, and safe container handling equipment. In view of growing demand for improved container handling equipment, reach stackers are witnessing growing traction over forklifts and other conventional variants. Impressive flexibility along with the higher stacking and storage capacity of reach stacker are highly likely to add to the lucrativeness of these container handling equipment in the years to come.

In view of the growing seaborne trade, several sea ports are also undergoing massive expansion, which in turn is widening the bandwidth of opportunities for reach stacker manufacturers. Surging global seaborne trade volume and evolution of containerized shipping has led to an increased traction for the development of advanced, safe, and efficient container handling equipment, such as reach stackers.

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