Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the forklift truck market.
Forklift Trucks market size is projected to reach US$ 27290 million by 2026, from US$ 22170 million in 2020, at a CAGR of 3% during 2021-2027.
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The following manufacturers are covered in this report:
- Komatsu
- Lonking
- Hyundai Heavy Industries
- EP Equipment
- Manitou
- Paletrans Equipment
- Combilift
- Hubtex Maschinenbau
- Godrej & Boyce
Forklift Trucks Breakdown Data by Type
- Class 1 Forklift Trucks
- Class 2 Forklift Trucks
- Class 3 Forklift Trucks
- Class 4/5 Forklift Trucks
Forklift Trucks Breakdown Data by Application
- Warehouses
- Factories
- Distribution Centers
- Others
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Scope of the Report
The research study analyzes the global Forklift Trucks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Forklift Trucks Market Report
1. What was the Forklift Trucks Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Forklift Trucks Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Forklift Trucks Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ http://www.orionmarketreports.com/inquiry-before-buying/?id=39371
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