Reach Stacker Market: Industry Outlook, Growth Prospects and Key Opportunities
The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth. The report offers actionable and valuable market insights of Reach Stacker. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Reach Stacker Market across various industries and regions. To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=749 The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Reach Stacker market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Reach Stacker This newly published and insightful report sheds light on Market Insights of Reach Stacker, key dynamics, their impact on the overall value chain from suppliers to endusers and Growth of Reach Stacker Market. The latest Fact.MR business intelligence indicates that the reach stacker market witnessed sales of 1,364 units in 2018, which are estimated to grow further by ~7% in 2019, owing to the strengthening demand for container handling equipment. Increasing traction for port material handling equipment, coupled with rapid expansion of growing number of sea ports, in line with the proliferating sea borne trading continues to augment market growth. Rapid expansion of intermodal barge shipping to the smaller as well as canalized waterways has been creating a considerable demand for a water reach stacker with trimodal handling functionality- road, rail and water, finds Fact.MR. In the last couple of years, port activity and cargo handling of containerized and bulk has grown significantly, while driving the need for an increased development of improved and safer port infrastructure to suffice the steady pace of seaborne trading. Gains Remain Concentrated in Sea Ports Deployment of reach stackers continues to grow significantly across the increasing number of sea ports worldwide, which contributed to the sales of 973 units in 2018, while accounting for 70% of the overall market sales. This can be attributed to the fact that trade through marine ports contribute to ~80% of the international trade volume and ~ 70% of the total trade value. Though the sea port applications of reach stacker continue