Press release
Electric Forklift Truck Market: Globally continue to dominate the market during the forecast period 2018-2025
In terms of production side, this report researches the Electric Forklift Truck capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Electric Forklift Truck by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A forklift is a powered industrial truck used to lift and move materials over short distances.
The global electric forklift truck market is growing significantly from decade owing to its applications in relevant industry, providing cost efficiency and improved productivity. The electric forklifts are actively adopted across the globe resulting in the quantitative increase in demand which in turn pushed the year-on-year revenue growth. Stringent emission norms for diesel vehicles across the globe in order to regulate the CO2 emission have led the manufacturers to offer more environment friendly forklift truck models. Moreover, manufacturers have adjusted the direction of their R&D activities, increasing the proportion of developers working on electric forklifts and warehouse forklifts, in order to expand the electric and warehouse product lines. High adoption of electric forklifts owing to its advantage over IC powered forklifts and continuous expenditure over advancement of battery technology is anticipated to accelerate the growth of electric forklifts in coming years.
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The Electric Forklift Truck market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Forklift Truck.
This report includes the following manufacturers; we can also add the other companies as you want.
Jungheinrich Lift Truck Corp
Kion Group
Toyota Industries
Hyster-Yale Group
Combilift
Crown Equipment Corp
Doosan Industrial Vehicles
Godrejmhe
Hangcha Forklift
Komatsu Utility
Hangcha Group
Market Segment by Product Type
Warehouse Forklift Trucks
Counterbalance Forklift Trucks
Market Segment by Application
Logistics Industry
Automotive Industry
Food Industry
Others
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