Electric Pallet Jack and Stacker Market Will Reach USD 7,069 Million by 2030, Says P&S Intelligence

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HomeHome / News / Electric Pallet Jack and Stacker Market Will Reach USD 7,069 Million by 2030, Says P&S Intelligence

Jul 08, 2023

Electric Pallet Jack and Stacker Market Will Reach USD 7,069 Million by 2030, Says P&S Intelligence

News provided by 02 May, 2023, 15:10 BST Share this article NEW YORK, May 2,

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02 May, 2023, 15:10 BST

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NEW YORK, May 2, 2023 /PRNewswire/ -- The revenue of the electric pallet jack and stacker market will rise at a rate of 6.1% in the years to come, to touch USD 7,069 million by 2030.

Operator-Driven Variants Are Preferred

Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/electric-pallet-jack-stacker-market/report-sample

Machines with Lead–Acid Batteries Generate Higher Revenue

Above 2,000 kg Load Category Will Grow Considerably

Browse detailed report on Electric Pallet Jack and Stacker Market Size, Share, Growth, Development and Demand Forecast to 2030

APAC Makes Most Use of Electric Pallet Jacks and Stackers

APAC had the largest revenue share in 2022, of more than 43%, credited to the high acceptance of these solutions for industrial automation.

The fast urbanization and industrialization in China and India are powering the requirement for energy-efficient equipment, such as automated material handling systems.

High Demand from End-Use Industries Powers Sales Growth

End Users' Increasing IoT Investments

To survive in this highly competitive environment, industries are increasing their investments in IoT and automation technologies. This is because these approaches enhance productivity and efficiency, speed up the time to market, and decrease operational expenses.

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