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Automation of Industrial Facilities to Promote Expansion in the Global Forklift Truck Market

10-31-2023 12:44 PM CET | Industry, Real Estate & Construction

Press release from: Inkwood Research

FORKLIFT TRUCK MARKET

FORKLIFT TRUCK MARKET

According to a new market research report launched by Inkwood Research, the Global Forklift Truck Market is set to grow with a CAGR of 6.60% in terms of revenue and 5.78% in terms of volume, capturing a revenue of $130750.69 million by 2032.

Browse 45 Market Data Tables and 45 Figures spread over 160 Pages, along with an in-depth analysis of the Global Forklift Truck Market by Engine Type, End-User, Type & Geography.

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/forklift-truck-market/

The Germany forklift truck market is set to grow with a CAGR of 6.36% during the forecasted period, 2023 to 2030, capturing a revenue share of $9343.42 million by 2030.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/germany-forklift-truck-market/

Global Forklift Truck Market Scenario

The market for forklift trucks is a booming economic area that is essential to the logistics and material handling operations of many different sectors. In a variety of industrial environments, including factories, warehouses, distribution centers, and ports, forklift trucks play a crucial role in the lifting, moving, and transportation of large objects. They are essential instruments for guaranteeing smooth operations and the movement of items along the supply chain.

Because the industrial industry depends so largely on automation, lift trucks are becoming more and more popular among a variety of end customers. Continuously inventive developments in industrial automation systems are the driving force behind this need. Furthermore, the advent of new equipment, methods, and tools-such as sophisticated forklifts-has fundamentally changed how many sectors function. Consequently, throughout the projected period, the automation of industrial facilities is expected to play a crucial role in enhancing the growth of the worldwide forklift truck market.

The Global Forklift Truck Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Forklift Truck Market by End-User, Type, Engine Type, & by Geography: https://inkwoodresearch.com/reports/forklift-truck-market/#request-free-sample

Market Segmentation

Market by End-User:
• Retail & E-Commerce
• Construction
• Manufacturing
• Other End-Users

Market by Type:
• Class 1
• Class 2
• Class 3
• Class 4 & 5

Market by Engine Type:
• ICE Powered
• Electric Powered

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032

Companies Profiled
• TOYOTA INDUSTRIES CORPORATION
• MITSUBISHI LOGISNEXT CO LTD
• KION AG
• HYSTER-YALE MATERIALS HANDLING INC
• DOOSAN CORPORATION
• JUNGHEINRICH AG
• CROWN EQUIPMENT CORPORATION
• KOMATSU LTD
• CLARK
• HANGCHA GROUP

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The global warehouse racking system market is expected to progress with a CAGR of 4.08% during the forecast period, 2023-2032.

GLOBAL GROUND SUPPORT EQUIPMENT MARKET -
https://inkwoodresearch.com/reports/ground-support-equipment-market/

The global ground support equipment market is evaluated to grow with a CAGR of 11.42% during the forecasted period of 2022-2030.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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