Press release
Forklift Trucks Market to reach USD 48.06 Bn by 2029, emerging at a CAGR of 6.8 percent and forecast 2023-2029
Forklift Trucks Market
The report uses 2022 as the base year for forecasting the market from 2023 to 2029. Real market numbers and inputs from key players worldwide are taken into account, with trends from the past five years being a critical factor in forecasting. The report acknowledges the exceptional circumstances of 2020, particularly the impact of region-specific lockdowns, in its analysis.
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Forklift Trucks Market Dynamics:
The Forklift Trucks Market has witnessed the impacts of the COVID-19 pandemic, resulting in closures of industries and warehouses and affecting material handling and inventory management. However, the industry anticipates recovery post-pandemic, driven by the development of warehouse management tools and global trade facilitation.
Forklift Trucks Market Regional Insights:
The Asia Pacific region dominated the Forklift Market in 2022, accounting for over 45.0% of sales. This growth is attributed to the automation trend among manufacturers, as forklifts enhance supply chain efficiency and production workflows.
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Forklift Trucks Market Segmentation:
by Class
Class 1
Class 2
Class 3
Class 4
Class 5
by Application
Manufacturing
Logistics
Mining
Constructions
Forklift Trucks Market Key Players:
1. Toyota Material Handling
2. Kion Group AG
3. Jungheinrich AG
4. Hyster-Yale Materials Handling
5. Anhui Heli Co. Ltd
6. Hangcha Group CO. Ltd
7. Luizhou Forklift Ltd
8. BYD
9. Manitou Group
10. Doosan Corp
11. Mitsubishi Nichiyu Forklift Ltd
12. Unicarriers Forklift
13. Caterpiller
14. Komatsu Ltd
15. Hyundai Material Handling
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Table of content for the Logistics Market includes:
Global Logistics Market : Research Methodology
Global Logistics Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Logistics Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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