Forklift Truck Market (7.0% CAGR) 2020 to 2030: Global Industry Size, Share, Growth, Trends, Analysis and Forecast

According to the recent report published by Decision foresight, Global Forklift Truck market accounted 48.64 billion USD in 2020 and is expected to reach 89.4 billion USD by 2030 with a CAGR of 7% during the forecast period.

Market Overview:

Forklift trucks are used to transfer materials and goods for short distances. They are mostly used in warehouses and manufacturing industries. They are durable and come with a heavy range such as 2000kg to 5000kg high-end forklift trucks can weigh up 40 tonnes to 50 tonnes as well, depending on the capacity of the truck. Due to such a good range, their applicability is diverse and their adaptability is increasing with time.

The report titled “Forklift Truck Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2030″ offers a holistic view of the `Forklift Truck industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Forklift Truck Market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

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Forklift Truck Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.

Key Questions Answered by Forklift Truck Market Report

Product popularity and adoption based on various country-level dynamics

Regional presence and product development for leading market participants

Market forecasts and trend analysis based on ongoing investments and economic growth in key countries

Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others

Number of employees and market concentration, among others

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Key Players:

  • Anhui Heli Co Ltd
  • Clark Material Handling Company
  • Crown Equipment Corporation
  • Doosan Corporation Industrial Vehicle
  • Ep Equipment Co Ltd
  • Godrej & Boyce Manufacturing Company Limited
  • Hangcha Group Co Ltd
  • Hyster-Yale Materials Handling Inc
  • Hyundai Heavy Industries Co Ltd
  • Jungheinrich Ag
  • Kion Group Ag
  • Komatsu Ltd
  • Lonking Holdings Limited
  • Mitsubishi Logisnext Co Ltd
  • Toyota Industries Corporation

Market Segmentation:

By Type

  • Ware House
  • Counter Balance

By Engine Power

  • IC Engine Power
  • Electric Power

By Industry 

  • Retail
  • Whole Sale
  • Logistics
  • Automotive
  • Food Industry
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • ROW
    • Latin America
    • Middle East
    • Africa

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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

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