Press release
Electric Forklift Market - What Factors will drive the Market in Upcoming Years and How it is Going to Impact on Global Industry
Garner Insights has announced the addition of another report titled, ‘Electric Forklift Market’ into its vast category of research reports. The market research report is a detailed and professional study on the current aspects of the market and provides a comprehensive overview of the market, including product definitions, classifications, segmentation’s, applications, and the industry chain structure. The report provides a market analysis for the international markets, including current trends, development patterns, competitive analysis, and the development status of the key geographies. Manufacturing processes, cost structures, and development policies and plans are also discussed in this report.
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Over the next five years, LPI(LP Information) projects that Electric Forklift will register a 5.4% CAGR in terms of revenue, reach US$ 19600 million by 2023, from US$ 14300 million in 2017.
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.
Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
For industry structure analysis, the Electric Forklift industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 62.62% of the revenue market.
Europe occupied 28.76% of the sales market in 2015. It is followed by North America and China, which respectively account for around 24.89% and 17.68% of the global total industry. Japan had a bit smaller sales market than those areas, which took about 16.98% of the global sales volume in 2015.
For price trend analysis, a key variable in the performance of Electric Forklift producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Scope of the Report:
Major Players in Electric Forklift market are: Toyota, Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Crown Equipment, Mitsubishi Nichiyu, UniCarriers Corp, Komatsu, Anhui Heli, Clark Material Handling Company, Hangcha, Doosan Industrial Vehicles, Hyundai Heavy Industries, Combilift Ltd, Lonking, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce.
Major Regions play vital role in Electric Forklift market are: North America, Europe, China, Japan, Middle East & Africa, India, South America, Others.
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The Electric Forklift Market consists of data accumulated from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals.
Most important types of Electric Forklift products covered in this report are: Electric Counterbalance Forklift Trucks, Electric Pallet Trucks, Electric Reach Trucks, Electric Stackers, Others.
Most widely used downstream fields of Electric Forklift market covered in this report are: Factory, Harbor, Airport, Others.
The Electric Forklift market report is a collection of the first-hand data, subjective, and quantitative assessment by industry experts and professionals, contributions from industry specialists and industry participants over the value chain. The report consists of a detailed analysis of the industry growth trends, micro- and macroeconomic components, and governing factors, along with the market attractiveness, within the market segments. The report likewise maps the subjective impact of the different market factors on the market segments, sub-segments, and geographies.
There are 13 Chapters to thoroughly display the Electric Forklift market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.
Chapter 1: Electric Forklift Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Electric Forklift Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Electric Forklift.
Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Electric Forklift.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Electric Forklift by Regions (2013-2018).
Chapter 6: Electric Forklift Production, Consumption, Export and Import by Regions (2013-2018).
Chapter 7: Electric Forklift Market Status and SWOT Analysis by Regions…Continued
Browse Complete Report with TOC of Electric Forklift Market Report, Visit: http://bit.ly/2v8bdnH
In the end, Electric Forklift Industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
Browse similar reports @ http://garnerinsights.com/categories/Automotive-and-Transportation
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, United States, Europe.
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