The automated material handling equipment market is estimated to reach at a value of US$ 22.8 Bn by the end of 2022 and expected to reach at a value of US$ 45.9 Bn by 2030 with a significant CAGR of 9.1%.
A stacker represents a bulk material handling machine used for storing, lifting, and stockpiling loads. It is commonly available in self-lifting, electric, manual, semi-electric, and powered pallet variants.