Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.

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In the Global Electric Forklift Industry Market Analysis & Forecast 2018–2023, the production is estimated at 2766.99 Thousand in 2017 and is forecasted to reach 4097.06 Thousand by the end of 2023, growing at a CAGR of 6.6% between 2018 and 2023.

It covers Regional Segment Analysis, Type, Appliction, Major Manufactures, Industry ... Read more