Forklift Market by Application, Fuel, Region – 2021The global Forklift Market is projected to grow at a CAGR of 1.93%, from USD 16.00 billion in 2016 to USD 17.61 billion by 2021. The base year for the report is 2015 and the forecast year is 2021.The global forklift market is driven by the less than 5-ton capacity forklifts which accounts for major market share in terms of volume. The 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 segment is highest.
The following are the major objectives of the study.
• To define and segment the global forklift market
• To provide a detailed analysis of various forces acting in the global forklift market (drivers, restraints, opportunities, and challenges).
• To analyze the regional markets for growth trends, future prospects, and their contribution to the overall market.
• To analyze and forecast (2016 to 2021) the market size, in terms of volume (‘000 units) and value (USD million), of the global forklift market.
• To segment the market and forecast its size, by region, by class, by tonnage, by application and by fuel based on region—namely, the Americas, Europe, Asia-Pacific and the Rest of the World (RoW). which covers Africa and Oceania.
• To segment the global forklift market and forecast the market size, by volume and value, based on class, tonnage capacity, application and fuel type and region.
• To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2439790
Various secondary sources, such as company annual reports/presentations, press releases, industry association publications, forklift magazine articles, encyclopaedias, directories, technical handbooks, world economic outlook, trade websites, technical articles, and databases have been used to identify and collect information useful for an extensive study of the global forklift market. The primary sources-experts from related industries, forklift manufacturers, and forklift suppliers–have been interviewed to obtain and verify critical information, as well as to assess prospects and market estimations. Bottom-up and top-down, both the approaches have been used for market estimation and calculating the global forklift market size.
Critical questions which the report answers
• Which new market players are disrupting the market and what percentage of share are they catering?
• Where will all these developments take the industry in the mid to long term?
The global forklift market is dominated by many international as well as domestic players, and some of them are Toyota Industrial Corporation (Japan), KION Group AG (Germany), Hyster-Yale Material Handling Inc. (U.S.) and Mitsubishi Nichiyu Forklift Co., Ltd. (Japan).
Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/forklift-market-2439790.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Forklift Market by Application, Fuel, Region – 2021 here
News-ID: 1621388 • Views: 231
More Releases from MarketsandMarkets™ INC.
Electric Vehicle Battery Thermal Management Market Size, Industry Share Report - …
The report "Electric Vehicle Battery Thermal Management Market by Propulsion (BEV, HEV, PHEV, & FCV), Technology (Active and Passive), Vehicle type (Passenger & Commercial), Battery Type (Conventional & Solid-State), Battery Capacity, and Region - Forecast to 2025", is projected to grow at a CAGR of 16.05% during the forecast period, from USD 1.29 billion in 2017 to USD 4.24 billion by 2025. Factors such as improved battery performance and efficiency,
Mobility as a Service Market Size, Share, Industry Forecast Report - 2030
The mobility as a service (MaaS) market is projected to grow at a CAGR of 31.7% from 2020 to 2030, and the market size is expected to grow from USD 6.8 billion in 2020 to USD 106.8 billion by 2030. MaaS offers efficient solutions to move traffic in more convenient, faster, and less expensive manner. Also, the growth of the telecom sector, widespread penetration of smartphones on 3G, 4G, and
Container Handling Equipment Market Competitive Dynamics & Global Outlook 2025
The Container Handling Equipment Market is projected to grow at a CAGR of 4.24%, during the forecast period, to reach a market size of USD 8.75 billion by 2025. Increased cargo transportation, growing use of automation technologies at port terminals, stringent emission levels resulting in the increased demand for electric and hybrid equipment, and the rising demand in Asia Pacific and the Middle East are the key factors driving the
Construction Equipment Market Size, Share, Forecast Report 2025
The construction equipment market is projected to grow at a CAGR of 4.52% from 2018 to 2025. It is projected to reach a market size of USD 199.18 billion by 2025. Construction equipment play an important role in the infrastructure industry, in terms of saving time and reducing costs of infrastructure activities. Construction equipment such as loaders, excavators, dozers, drills, and grader equipment are essential for the construction industry. The
More Releases for USD
Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of