Press release
Forklift Trucks Market 2019 To Cross USD 41.73 billion by 2023 | Competitive Landscape By Komastu, Toyota, KION, Hyster-Yale Material handling, Jungheinrich, Mitsubishi Nichiyu Forklift, Crown Equipment, Raymond, Anhui HELI and Kalmar
Global Forklift Trucks Market Information by Technology (Electric Powered, and Internal Combustion Engine Powered), by Capacity (Below 5 tons and above 5 tons), by Application (Manufacturing, Logistic, Retail & Wholesale and others) and by Region - Forecast to 2023The key players of global forklift trucks market are Komastu Ltd. (Japan), Toyota Industries Corporation (Japan), KION Group AG (Germany), Hyster-Yale Material handling Inc. (U.S.), Jungheinrich Group (Germany), Mitsubishi Nichiyu Forklift Corporation (Japan), Crown Equipment Corporation (U.K), The Raymond Corporation (U.S.), Anhui HELI Co., Ltd (China), and Kalmar Global (Finland).
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Market Scenario
Forklift trucks are used to lift and move materials within short distances. Forklift trucks are used across various industries such as automotive, food and beverages, construction, consumer goods, e-commerce, and retail. Growing demand from manufacturing industry is the primary driving factor of the forklift trucks market. Increase in productivity, reduced injuries & accidents along with operator comfort are some major factors that have positive influence on the market growth. However, high cost of electric powered forklift trucks is the factor that may hamper the growth of market.
Global Forklift Trucks Market is projected to reach USD 41.73 billion by 2023, at a CAGR of 5.9% from 2017 to 2023.
Target Audience
• Manufacturing Organizations
• Distributors & Suppliers
• Government as well as Independent Regulatory Authorities
• Research Institute / Education Institute
• Potential Investors
Regional Analysis of Global Forklift Trucks Market:
Asia-Pacific dominates the global forklift trucks market followed by Europe. Growth in industrialization in this region, is the primary factor that increases the demand of forklift trucks market. This region is expected to grow at the fastest pace during the forecast period. Europe is another important market and is expected to contribute significantly during the forecast period.
Scope of Report
The report for Global Forklift Trucks Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued.......
List of Tables
Table 1 Global Forklift Trucks Market, by Technology
Table 2 Global Forklift Trucks Market, by Capacity
Table 3 Global Forklift Trucks Market, by Application
Table 4 Global Forklift Trucks Market, by Regions
Table 5 North America Forklift Trucks Market, by Country
Table 6 North America Forklift Trucks Market, by Technology
Table 7 North America Forklift Trucks Market, by Capacity
Table 8 North America Forklift Trucks Market, by Application
Table 9 U.s. Forklift Trucks Market, by Technology
Continued.......
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