Rapidly growing e-commerce sector, technological advancements and rising globalization to aid growth of global forklift market through 2023
According to TechSci Research report, “Global Forklift Market By Class Type, By Fuel Type, By Application Type, By Region, Competition, Forecast & Opportunities, 2023”, global forklift market is projected to ... Read more
According to the new market research report Forklift Market by Application (Manufacturing, Wholesale & Retail Distribution, Freight, & Logistics), Fuel (Diesel, Electric, and Gasoline & LPG/CNG), Tonnage (<5, 5-10, 11-36, and >36), Class (1, 2, 3, and 4/5), and Region - Global Forecast to 2021, he less than 5 ton capacity majorly includes battery-electric forklifts as well as Internal Combustion Engine (ICE) forklifts but the battery-electric forklifts penetration in this ... Read more
The global forklift market is projected to grow at a cagr of 1.93%, during the forecast period, to reach USD 17.61 billion by 2021 from an estimated USD 16.00 billion in 2016. the base year for the report is 2015 and the forecast year is 2021. The increasing trend in e-commerce and warehouse segment and the technological advancements are the major driving factors for the global forklift market. the ... Read more
The demand for forklift or forklift truck, also known as lift truck or folk truck is increasing on account of its extensive use for lifting and moving materials from one place to another in warehouse and manufacturing operations. The use of a forklift for material handling for short and medium distance is the main factor behind its accelerated demand from the auto industry, retail, brick or stone distribution, manufacturing, heavy-duty warehousing, paper ruling, and shipping and freight ... Read more
Rapidly growing e-commerce sector, technological advancements and rising globalization to aid growth of global forklift market through 2023
According to TechSci Research report, “Global Forklift Market By Class Type, By Fuel Type, By Application Type, By Region, Competition, Forecast & Opportunities, 2023”, ... Read more
