REACH STACKER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Reach Stacker Market, By Lifting Capacity (Below 30 Ton, 31 to 45 Ton, and Above 45 Ton), By Propulsion (IC Engine, Electric, and Hybrid), By End User (Ports and Terminals Operators, and Logistics Companies), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).
In June 2023, Kalmar, a part of Cargotec, cargo handling machinery manufacturer, announced the introduction of a range of new sustainability options for its eco-efficient electric reach stacker at the TOC Europe conference in Rotterdam, the Netherlands. The new options will make the Kalmar electric reach stacker the world’s most sustainable reach stacker.
In May 2023, Cargotec, a cargo handling equipment provider such as reach stackers, partnered with SSAB, a U.S.-based steel company, to introduce SSAB Zero, a fossil carbon emission-free recycled steel for the cargo and load handling industry. Cargotec plans to gradually start using this steel in its products.
In December 2023, Kalmar, a part of Cargotec (a cargo handling equipment provider such as reach stacker), began the production of its electric reach stacker and essential forklift truck range at the company’s Shanghai manufacturing plant
In January 2024, Kalmar, part of Cargotec, has received a large order from leading Norwegian logistics service provider Wallenius Wilhelmsen to supply four heavy electric forklift trucks, two electric reach stackers and three heavy terminal tractors for the company’s US logistics network.