बाजार अवलोकन

The global electric pallet jack and stacker market witnessed a valuation of USD 4.38 अरब में 2022 and is projected to reach USD 6.28 billion by 2028, with a compound annual growth rate (सीएजीआर) का 6.20%. Electric pallet jacks, also known as electric pallet trucks, are materials handling equipment used for the movement of pallets within warehouses, distribution centers, and other storage facilities. The industry is primarily driven by the growing adoption of automation and mechanization in the material handling sector, leading to an increased demand for electric pallet jacks and stackers. इसके अतिरिक्त, the need for efficient and safe material handling practices in logistics, warehousing, and manufacturing further fuels the market’s growth.

The expansion of the manufacturing industry is also contributing to the overall growth of the material-handling equipment market. Facility owners focus on achieving faster, cheaper, and higher quality production and delivery of products to their customers through efficient production cycles that minimize operational costs and waste. This increased adoption of automated technologies among end-users is expected to drive the demand for electric pallet jacks and stackers during the forecast period. North America serves as a significant revenue generator in the global electric pallet jack and stacker market, with the United States and Canada being the major contributors. The expansion of warehouses and logistics facilities, increasing automation, and rising investment in the Internet of Things (IoT) are expected to drive the demand for electric pallet jacks and stackers in the region.

The surge in e-commerce platforms has resulted in a significant increase in warehousing and logistics facilities. The demand for warehouses is rapidly rising due to the growing need for online delivery services. The demand for one-day delivery has led to a substantial increase in warehouse requirements, thereby contributing to the electric pallet jack and stacker market. Warehousing and pallets go hand in hand as they are directly proportional to each other. With the spike in demand for online delivery, forklifts in warehouses are often in high demand. Electric pallet stackers and jacks serve as ideal alternatives to forklifts, leading end-users to invest in these solutions to meet the delivery requirements and cater to consumers’ fast delivery demands.

Labor costs have always been a crucial factor influencing operational costs in manufacturing. Developing countries are known for their lower labor costs, posing a significant challenge to the electric pallet jack and stacker market. For example, developing countries like India offer low labor costs, with capital costs being relatively higher. Unskilled and semi-skilled workers in developing countries typically earn lower wages compared to their counterparts in developed countries. फलस्वरूप, demand for electric pallet jacks and stackers may be affected in these regions. इसके अतिरिक्त, labor protections in developing countries tend to be weaker, further lowering labor costs for industries including warehouses and logistics. तथापि, governments in such countries are introducing stringent labor laws and regulations to mitigate this challenge’s impact.

बाजार विभाजन

बाज़ार को विभिन्न कारकों के आधार पर विभाजित किया गया है, including product, प्रकार, battery, load capacity, end-user, and geography.

Segmentation by Product
Electric Pallet Jack
Electric Pallet Stacker – Electric Straddle Pallet Stacker, Electric Counterbalanced Pallet Stacker

Segmentation by Type
Operator Driven – Walkie, Ride-on
Self-Driven

Segmentation by Battery
Lead-Acid
Lithium-Ion

Segmentation by Load Capacity
Between 1000-2000 किलोग्राम
Above 2000 किलोग्राम
Below 1000 किलोग्राम

Segmentation by End-User
Warehousing & Logistics
Food & Beverages (F&B)
स्वास्थ्य देखभाल
अन्य

Segmentation by Geography
उत्तरी अमेरिका – US, कनाडा
यूरोप – जर्मनी, फ्रांस, UK, इटली, स्पेन
एशिया प्रशांत – चीन, जापान, भारत, दक्षिण कोरिया, ऑस्ट्रेलिया
Latin America – ब्राज़िल, मेक्सिको
Middle East & Africa – दक्षिण अफ्रीका, सऊदी अरब, UAE

Electric pallet jacks and electric pallet stackers are materials handling equipment utilized for the transportation and stacking of pallets in warehouses, distribution centers, and manufacturing facilities. में 2022, the electric pallet jack segment dominated the global market, accounting for approximately 69% of the market share. Electric pallet jacks play a vital role in daily material handling tasks, reducing the need for manual labor. They are valuable equipment that enhances production flow and minimizes human error. These equipment find applications in various industries such as warehouses & logistics, supermarkets/retail, food & beverages, और दूसरे.

The electric pallet stacker segment is further categorized into two types: electric straddle pallet stacker and electric counterbalanced pallet stacker. Electric pallet stackers utilize hydraulic lifts to raise and lower forks used for moving pallets within factories. Technological advancements and the increasing demand for automated equipment are expected to drive the electric pallet stacker market.

In terms of type, the global electric pallet jack and stacker market is divided into operator-driven and self-driven equipment, with the operator-driven segment dominating the industry in 2022. Operator-driven electric pallet jacks and stackers are utilized for moving and stacking pallets in warehouses and manufacturing facilities. The demand for these equipment has been rising due to the desire to improve efficiency and productivity in these environments. Electric units are generally faster and more agile than traditional internal combustion engine units, leading to faster operations and reduced downtime. इसके अतिरिक्त, their electric power source allows for smoother and quieter operation, which is beneficial in noise-sensitive environments.

The lead-acid battery segment held the largest market share in 2022 due to its durability, reliability, and cost-effectiveness. तथापि, the demand for lead-acid batteries is projected to decline as lithium-ion batteries become more preferable for their numerous advantages. As a result, the global lithium-ion-based electric pallet jack and stacker market is expected to grow at a faster CAGR of over 8% पूर्वानुमान अवधि के दौरान, prompting manufacturers to focus on developing lithium-ion technology.

The above 2000 KG load capacity segment is predicted to experience the highest growth rate in the global electric pallet jack and stacker market. These heavy-duty pallet jacks are designed for industrial and heavy manufacturing environments where they need to move and lift extremely heavy loads. They provide increased speed, power, and efficiency, while also reducing physical effort for the operator. इसके अतिरिक्त, they offer features such as a wider base for stability and a robust build to handle heavy loads.

Electric pallet jacks and stackers find applications in various industries, including warehouses & logistics, healthcare, food & beverages, construction, automotive, and more. Warehouses & logistics accounted for the highest revenue in the global market in 2022, exceeding USD 1.8 अरब. Electric pallet jacks and stackers are essential equipment for warehouses, especially for heavy loads, mid to long distances, and tasks requiring high lifting capacity and power. These versatile tools enhance flexibility and productivity, making them suitable for small spaces and factories where forklifts are not necessary.

में 2022, the APAC region held the largest market share, accounting for over 41%. The continuous adoption of industrial automation, as well as manufacturing, construction, power generation, and warehousing activities, contribute to the growth of the regional market. Urbanization and industrialization in emerging countries like India increase the demand for energy-efficient equipment, hence driving the need for electric pallet jacks and stackers in the warehousing industry. Vendors’ investments and expansions in emerging countries in the APAC region are key strategies for market growth.

Europe is expected to experience stable growth in the electric pallet jack and stacker market due to favorable government initiatives in the manufacturing sector and the expansion of major industries. Europe ranks second in the global market, with Germany and France being significant contributors. The growing e-commerce business in the region drives the demand for electric pallet jacks and stackers, especially considering the region’s diverse and digitally advanced markets.

प्रतिस्पर्धी परिदृश्य

The global electric pallet jack and stacker market is characterized by a diverse range of both international and regional suppliers. As international players expand their presence in the market, regional suppliers are facing increasing challenges in competing with them, particularly in terms of quality, technology, and pricing. Major companies such as TOYOTA MATERIAL HANDLING GROUP, Jungheinrich, Hyster-Yale Materials Handling, EP Equipment, Hangcha Forklift, and others are actively exploring opportunities in the global market. The market for electric pallet jacks and stackers is primarily driven by price competitiveness, resulting in intense competition among manufacturers. Some manufacturers benefit from cost advantages, often due to favorable currency conditions and lower labor costs.

Key companies profiled in this report include Toyota Material Handling Group, Jungheinrich, Hyster-Yale Materials Handling, Crown Equipment Corporation, EP Equipment, Hangcha Forklift, Hyundai Construction Equipment, Kion Group, Doosan Corporation, Mitsubishi Logisnext, CLARK, CUBLIFT, Taizhou Zhongcai Machinery, Ravas, Anhui Heli, Maini Materials Movement, PowerHandling, Noblelift Intelligent Equipment, Eoslift USA Corporation, Big Joe Handling Systems, Ningbo Staxx Material Handling Equipment, Puma Lift Trucks, Ekko Material Handling Equipment, Apollolift, Presto Lifts, Jost’s Engineering Company Limited, COMBILIFT, Patel Material Handling Equipment.

हाल के उद्योग विकास

CLARK, a company specializing in material handling, has recently introduced an electric pallet jack. This jack has been specifically designed and constructed to efficiently transport loads weighing up to 4,000 pounds. The product features a lithium-ion battery, an ergonomic handle that allows access to all controls without the need for manual intervention, and a neutral braking system.

में 2022, the company unveiled two AC electric walkie-pallet jacks as part of their Tora Max series. These pallet jacks have proven to be particularly suitable for industries such as warehousing, manufacturing, retail, beverage, and distribution. Noteworthy features of these jacks include ergonomic handles, an LCD display that indicates battery usage, and user-friendly fingertip controls.

आगे, in 2021, CLARK launched a new line of material handling equipment powered by lithium-ion technology. This product line comprises an electric light-duty walkie pallet jack, an electric end control rider pallet jack, an industrial walkie reach stacker, a straddle stacker, a counterbalanced stacker, and various other models to cater to different handling requirements.

मुख्य प्रश्नों के उत्तर दिये गये

What is the market size of the electric pallet jack and stacker industry?

The global market for electric pallet jacks and stackers was valued at USD 4.38 अरब में 2022 and is projected to reach USD 6.28 billion by 2028.

What is the growth rate of the global electric pallet jack and stacker market?

The global electric pallet jack and stacker market is expected to grow at a compound annual growth rate (सीएजीआर) का 6.20% से 2022 को 2028.

Which region dominates the market share of the global electric pallet jack and stacker industry?

The Asia-Pacific (APAC) region holds the largest market share in the global electric pallet jack and stacker industry, with a share of over 41% in 2022.

What are the significant trends in the electric pallet jack and stacker industry?

Major trends in the electric pallet jack and stacker industry include increased investments in automation and Internet of Things (IoT), advancements in Li-ion batteries, and the emergence of autonomous vehicles.

Who are the key players in the global electric pallet jack and stacker market?

The key players in the global electric pallet jack and stacker market are TOYOTA MATERIAL HANDLING GROUP, Jungheinrich, Hyster-Yale Materials Handling, Crown Equipment Corporation, EP Equipment, Hangcha Forklift, Hyundai Construction Equipment, KION GROUP, Doosan Corporation, and MITSUBISHI LOGISNEXT.