Forklift Trucks Market Survey Report 2020 Along with Statistics, Forecasts till 2026

The Forklift Trucks Market Research Report 2020-2026 offers an in-depth evaluation of each crucial aspect of the Global Forklift Trucks industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The report analyzes the Forklift Trucks market over the values, historical pricing structure, and volume trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Forklift Trucks Market. The report explores the current outlook in global and key regions (North America, Europe, Asia-Pacific, and Latin America) from the perspective of players, countries (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc.), product types, and end industries.

The global Forklift Trucks market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 6.7% in the forecast period of 2020 to 2025 and will expected to reach USD 35670 million by 2025, from USD 27520 million in 2019.

Global Major Players in Forklift Trucks Market are:
Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Clark Material Handling, Doosan Corporation Industrial Vehicle, Komatsu, Lonking, Hyundai Heavy Industries, EP Equipment, Manitou, Paletrans Equipment, Combilift, Hubtex Maschinenbau, Godrej & Boyce, and Other.

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Market Insights:
Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the global forklift truck market.

First, in recent time, high growth in the transport and trading industries, as well as the increasing penetration rate of forklift trucks in manufacturing industry, is some of the major drivers of global forklift truck industry.

Second, during the past sixteen years from 2000 to 2015, global forklift truck industry developed fast, with annual factory shipment increased from 603.58 k units in 2000 to more than 1000 k units in 2014 and 2015, and the CAGR is near 4%.

Third, at present, global forklift truck industry shows a high concentration. Among the manufacturers, Toyota (Japan) and Kion (Germany) are the top two largest around the world with more than 35% of the global total revenue in 2015. In Europe, Kion (Germany) and Jungheinrich (Germany) are the largest two companies while Hyster-Yale and Crown are the largest in USA.

Global Forklift Trucks Market Split by Product Type and Applications:
Most important types of Forklift Trucks covered in this report are:
Class 1
Class 2
Class 3
Class 4/5
In 2018, Class 4/5 forklift trucks accounted for a major share of 39% the global forklift trucks market.

Most widely used downstream fields of Forklift Trucks market covered in this report are:
Factories
Warehouses
Distribution Centers
Others
The warehouses hold an important share in terms of applications, and accounts for 37% of the market share.

Influence of the Forklift Trucks Market report:
–Comprehensive assessment of all opportunities and risks in the Forklift Trucks Market.
–Forklift Trucks Market recent innovations and major events.
–A detailed study of business strategies for the growth of the Forklift Trucks Market market-leading players.
–Conclusive study about the growth plot of Forklift Trucks Market for forthcoming years.
–In-depth understanding of Forklift Trucks Market, market-particular drivers, constraints, and major micro markets.
–Favorable impression inside vital technological and market latest trends striking the Forklift Trucks Market.

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Table of Contents: Forklift Trucks Market
- Forklift Trucks Market Overview
- Global Economic Impact on Industry
- Global Market Competition by Manufacturers
- Global Production, Revenue (Value) by Region
- Global Supply (Production), Consumption, Export, Import by Regions
- Global Production, Revenue (Value), Price Trend by Type
- Global Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Forklift Trucks Market Forecast

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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