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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Australia Forklift Truck Market Growing need for expansion of warehouse space and rising e-commerce business in Australia has significantly augmented the demand for forklift truck replacement and bulk investment in purchase of electric forklift trucks for warehouse operations. In recent years, there has been a considerable shift away from internal combustion to electric powered forklifts. In a market of Australia where electric equipment is highly developed, more opportunity exists for a shift towards the benefit of these products. Moreover, Australia has witnessed significant growth in the industrial property market over the past few years, with greater interest by property and real estate investors to invest in business parks and logistics. For instance, new Industrial facilities across the eastern seaboard are 33% bigger than they were in 2012, with the average size of new industrial facility nationally around 14,000 Sqm. Growing investment for developing industrial sector and logistics in Australia is anticipated to drive the growth of forklift trucks market in Australia. Goldstein Research analyst forecast the Australia forklift truck market to grow at a CAGR of 7.48% during the period 2016-2024. Further, the Australia forklift truck market is predicted to reach USD 2.86 billion by the end of forecast period. Published By: Goldstein Research
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Segmentation By Product Type •
Class I (Electric Motor Rider Trucks)
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Class II (Electric Motor Narrow Aisle Trucks)
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Class III (Hand Rider Trucks)
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Class IV (IC Engine Trucks, solid/Cushion Tires)
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Class V (IC Engine Trucks, Pneumatic Tires)
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By Fuel Type •
Diesel
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Gasoline
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Electric
By End Users •
Paper Industry
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Ports and Logistics
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Radio Active Waste
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Automobile Industry
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Size and Forecast (2016-2024) Goldstein Research analyst forecast the Australia forklift truck market size to grow at a CAGR of 7.48% during the period 2016-2024. Further, the Australia forklift truck market is predicted to reach USD 2.86 billion by the end of forecast period. On the basis of product type, Class I (Electric Motor Rider Truck) accounted for the highest revenue share of 22% in Australia forklift truck market owing to its high productivity and cost efficiency. Further, the Class I forklift trucks are projected to dominate the Australia forklift truck market with a CAGR of 7.72% over the forecast period.
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Scope Background Market Synopsis
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Australia Forklift Truck Market Segmentation is segmented as follows: •
By Product Type (Market Size, Demand Analysis and Growth Analysis)
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By Fuel Type (Market Size, Demand Analysis and Growth Analysis)
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By End-User (Market Size, Demand Analysis and Growth Analysis)
By Geography
• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} • Rest of the World{Market Share (%), Market Size (USD Billion))}
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC @ https://www.goldsteinresearch.com/toc-request/australia-forklift-truck-industry-market-analysis Published By: Goldstein Research
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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+91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
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Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024
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