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What is the Expected Market Value for Industrial Trucks in 2030

06-15-2024 06:37 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Industrial Trucks Market

Industrial Trucks Market

According to Fact.MR's research, the market's sales are predicted to fall by two lakh units by the end of 2020, compared to 2019. However, a rapid recovery in manufacturing activity is expected to increase industrial truck sales to $37 billion by the end of 2030. The global industrial trucks market, which is fragmented, is expected to grow at a 6% value CAGR between 2020 and 2030.

Industrial trucks are crucial for transferring items within a factory or warehouse. Unfortunately, the COVID-19 pandemic had a substantial influence on the survival of micro, small, and large-scale manufacturing businesses, resulting in decreased demand for industrial trucks.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

Region-wise Analysis

Europe dominates the global industrial trucks market, with North America and the Asia Pacific following closely. The extensive use of industrial trucks in manufacturing and construction industries positions Europe and East Asia as key players, together contributing to around 60% of the global revenue.

Furthermore, the East Asian market for industrial trucks is expected to double during the forecast period, driven by an increase in construction activities, rising demand for luxury vehicles, and enhanced production capabilities.

Report Scope

Fact.MR's latest report on the global industrial trucks market covers a forecast period from 2020 to 2030. It explores the primary drivers, constraints, opportunities, and challenges shaping the market's growth trajectory. The report offers a detailed segmental analysis based on product types, power sources, capacities, and end-use sectors.

The regional analysis provides insights into supply chain dynamics, business strategies, and market valuation, offering a comprehensive outlook on the future of the global industrial trucks market. Additionally, a dedicated section on market structure details key players and their expansion strategies within the industrial trucks sector.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž:

Key Segments of the Industrial Trucks Market

Fact.MR's study on the industrial truck market offers information divided into four important segments - product, power source, capacity, end-use, and regional analysis. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

By Product :
Hand Truck
Two-Wheeled Hand Truck
Floor Hand Truck
Pallet Jack
Manual Pallet Jack
Powered Pallet Jack
Walkie Stacker
Manual Walkie Stacker
Powered Walkie Stacker
Pallet Truck
Platform Truck
Walkie Platform Truck
Rider Platform Truck
Counterbalanced Lift Truck
Sit-Down Counterbalanced Lift Truck
Stand-Up Counterbalanced Lift Truck
Reach Truck
Turret Truck
Operator-Down Turret Truck
Operator-Up Turret Truck
Order Picker
Tow Tractor
Personnel And Burden Carrier
Automatic Guided Vehicle (AGV)
Unit Load AGV
Unit Load AGV
Light Load AGV
Fork AGV
By Power Source :
Conventional (IC Engine)
By Capacity :
Below 2.5 Tons
Below 2.5 Tons
By End Use :
Food & Beverages
Chemical General Manufacturing
Aerospace & Defence
By Region :
North America
Latin America
East Asia
South Asia

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:


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