Electric Forklift Truck Market 2021 Status and Outlook- Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale

Electric Forklift Truck Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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The global forklift truck market size was valued at $45.01 billion in 2019 and is projected to reach $81.40 billion by 2027, registering a CAGR of 7.3% from 2020 to 2027. 

The 200+ pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Electric Forklift Truck Market: 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, Co and others.

Industry News:

In July 2021, Hangcha has launched its new XH series 2.0t-3.5t electric forklift truck with high voltage lithium-ion batteries. these trucks are integrated with high voltage lithium batteries, which can be fully charged within one hour and perform up to 12 hours. Furthermore, with a rapid charging facility, these can be charged during regular work breaks, which will run for the entire day with no extra battery exchange.

In July 2021, KION Group AG has set up a new industrial truck plant in the Polish town of Kołbaskowo, near Szczecin. The site will produce counterbalance trucks for all brand companies within the KION Industrial Trucks & Services segment.

In May 2021, Jungheinrich has unveiled its new electric pallet truck ERD 220i. The new ERD 220i has L2 dimension of just 1,065 mm and is, therefore, the most compact truck in its class. Compared to its predecessor, the 220i is more than 300mm shorter thanks to its new lithium-ion battery concept, which results in a space reduction of approximately 25 percent.

Regional analysis:

The Chicago government regulations are pushing materials handling companies to innovate. Hyster Yale introduced two new products of its research and development initiatives, showcasing the company’s first counterbalanced electrical forklift truck with a factory-integrated lithium-ion battery pack.

Market Segmented by Types:

Warehouses

Factories

Distribution Centers

Others

Market Segmented by Applications:

Class 1 Forklift Trucks

Class 2 Forklift Trucks

Class 3 Forklift Trucks

Class 4/5 Forklift Trucks

Regional Analysis:

– North America (United States, Canada, Mexico)

–Europe (Germany, UK, France, Italy, Spain, Russia)

–Asia-Pacific (China, Japan, South Korea, Australia, India)

–South America (Brazil, Argentina, Columbia)

–The Middle East and Africa (UAE, Egypt, South Africa)

Influence of the Electric Forklift Truck market report:

-Comprehensive assessment of all opportunities and risk in the Electric Forklift Truck market.

-Electric Forklift Truck market recent innovations and major events.

-Detailed study of business strategies for growth of the Electric Forklift Truck market-leading players.

-Conclusive study about the growth plot of Electric Forklift Truck market for forthcoming years.

-In-depth understanding of Electric Forklift Truck market-particular drivers, constraints and major micro markets.

-Favorable impression inside vital technological and market latest trends striking the Electric Forklift Truck market.

Browse full report including (TOC, Company profiles, Types & Applications etc.) @:

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

Finally, Electric Forklift Truck Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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