Global Forklift Trucks Market Report 2022-2027 by Kanika Sharma

Global Forklift Trucks Market Research Report 2022-2027

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Report Description

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Report Description and Highlights Report Description Global Forklift Trucks Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Forklift Trucks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global forklift trucks market size reached a value of US$ 58.5 Billion in 2021. Forklift trucks are industrial trucks that are widely utilized for lifting and moving materials within short distances. They are powered industrial machines that consist of two power-operated horizontal prongs which can be raised or lowered for loading, unloading and transporting goods and raw materials. Commonly operated by a trained driver, these machines enable easy movement of heavy goods horizontally and vertically, thereby facilitating them to perform versatile industrial tasks in an efficient manner. Their usage further aids in improving the overall productivity of the process and minimizing the chances of injuries and accidents. As a result, they are extensively employed across the logistics, transportation, retail, manufacturing and construction sectors. Request for a PDF sample of this report: https://www.imarcgroup.com/forklift-trucks-market/requestsample

Report Description and Highlights

Report Description

Global Forklift Trucks Market Drivers/Constraints: The global market is majorly driven by the considerable growth of the construction sector. Supported by rapid urbanization, inflating disposable income levels and the shifting lifestyle preferences of the masses, this has resulted in the expansion of the residential segment across the globe, wherein forklift trucks are increasingly being used for handling heavy construction materials, such as bricks, wood, steel and mortar, in a convenient manner. The market is also driven by the increasing utilization of these trucks across the e-commerce sector. They are commonly used for delivering components to assembly lines, retrieving loads from storage racks, and positioning materials in their respective spots for effective handling in the industry. Escalating preference for online shopping on account of the enhanced convenience associated with these portals is expected to provide an impetus to the market growth. Moreover, there has been a rising demand for electric forklift trucks across numerous industries for performing numerous industrial tasks. These variants offer enhanced efficiency and optimal productivity when compared to their conventional counterparts, which, in turn, has contributed to their widespread popularity among end users. Some of the other factors contributing to the market growth include extensive research and development (R&D) for the development of energy-efficient variants and the launch of sustainable hydrogen-operated forklift trucks in the market. On account of the aforementioned factors,

Looking forward, the market is expected to reach a value of US$ 82.9 Billion by 2027, exhibiting at a CAGR of 6.2% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/forklift-trucks-market

Report Description and Highlights

Report Description Key Market Segmentation

•The research report includes the following segments:

• Breakup by Product Type: •Counterbalanced Forklift Trucks •Warehouse Forklift Trucks

Breakup by Technology:

•Electricity Powered •Internal Combustion Engine Powered

Report Description and Highlights

Report Description Breakup by Class: •Class I •Class II •Class III •Class IV •Class V

Breakup by Application:

•Non-Industrial • Warehouses and Distribution Centers • Construction Sites • Dockyards • Snow Plows •Industrial • Manufacturing • Recycling Operations

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here: https://www.imarcgroup.com/request?type=report&id=2011&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • •

Clark Material Handling Company Crown Equipment Corporation Godrej & Boyce, Hyster-Yale Materials Handling Inc., Hyundai Heavy Industries Co. Ltd, Jungheinrich, KION Group, Mitsubishi Forklift Trucks, Toyota Industries Corporation, etc.

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report 1. What is the market size for the global forklift trucks market? 2. What is the global forklift trucks market growth? 3. What are the global forklift trucks market drivers? 4. What are the key industry trends in the global forklift trucks market? 5. What is the impact of COVID-19 on the global forklift trucks market? 6. What is the global forklift trucks market breakup by product type? 7. What is the global forklift trucks market breakup by technology? 8. What is the global forklift trucks market breakup by class? 9. What is the global forklift trucks market breakup by application? 10. What are the major regions in the global forklift trucks market? 11. Who are the key companies/players in the global forklift trucks market?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description 5 Global Forklift Trucks Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

Table of Contents

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Report Description and Highlights

Report Description

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