The Forklift Truck Market is estimated to reach USD XX million by 2028 at a CAGR of XX% during the forecast period. Rising investments in the infrastructure industry and growth in e-commerce industry propel the growth of market. This global report provides demand estimation of forklift truck market with detailed information for key segments on regional and global level basis. It highlights niche revenue pockets in the market with potential growth during the forecast period. In addition, it provides a competitive analysis underlining the nature of strategies adopted by global players to tap niche opportunities in various business segments in the market.
Segments covered in the report (Market Size Estimation & Forecast):
By Power Source
- IC Engine Powered
- Electric Powered
- Class 1
- Class 2
- Class 3
- Class 4
- Class 5
By End Use
- Retail & Wholesale
- Food Industry
Major regions covered in the report include North America, Asia Pacific, Europe, Middle East & Africa, and South America. In addition, the report provides country level analysis for 25+ major countries including US, Germany, UK, Japan, China, India, UAE, South Korea, South Africa, and Brazil. Regional analysis provides regional as well as country level information about the market highlighting the dynamics of the market by various segments covered in the report.
Regions covered in the report:
- North America Forklift Truck Market:
- Asia Pacific Forklift Truck Market:
- South Korea
- Rest of the Asia Pacific
- Europe Forklift Truck Market:
- The Netherlands
- Rest of the Europe
- Middle East & Africa Forklift Truck Market:
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America Forklift Truck Market:
- Rest of South America
Years Considered in the Study:
- Historic Year: 2017, 2018
- Base Year: 2019
- Estimated Year: 2020 (Including Deviations due to COVID -19)
- Forecast Year: 2028
- Forecast Period: 2020-2028
The company analysis section encompasses the competitive scenario in the market providing a detailed analysis of the market. This helps to understand the types of products and solutions offered by the companies in the market across the target application areas. In addition, it highlights the nature of strategies adopted by market players with regards to a particular product/solution, application, and region to sustain/penetrate the given market
Major Companies Covered in the report:
- Crown Equipment Corporation
- EP Equipment
- Hyster-Yale Materials Handling, Inc.
- Jungheinrich AG
- KION GROUP AG
- Komatsu Ltd.
- Lonking Machinery Co., Ltd.
Objectives of this Report:
- To estimate the market size for forklift truck market on a regional and global basis.
- To identify major segments in forklift truck market and evaluate their market shares and demand.
- To provide a competitive scenario for the forklift truck market with major developments observed by key companies in the historic years.
- To evaluate key factors governing the dynamics of forklift truck market with their potential gravity during the forecast period.
- To identify potential impact of COVID-19 on the forklift truck market with deviations in 2020 estimations.
This Report Provides:
- Unique representation for forklift truck market to cover all the possible aspects in terms of quantitative and qualitative analysis.
- Highlights opportunities that promise strong potential in the forklift truck market.
- Details about the lateral areas and factors that impact the forklift truck market significance
- Basis for designing relevant strategies in forklift truck market to consolidate market position
- Significance of drivers, restraints, opportunities, and challenges in the forklift truck market.
- Competitive nature of the forklift truck market with developments in recent years with most dynamic players
You can customize this study to meet your specific requirements:
- By sub-segment
- By country specific analysis
- Pricing analysis along with the potential list of customers
- Product analysis
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