Press release
Forklift Truck Market Reflecting a CAGR of 6.9% by 2021 End : PMR Report
Forklift Truck Market, Forklift Truck, Forklift Trucks Market, Forklift Trucks, warehouse trucks, warehouse vehicles
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3552
According to the report, the global forklift trucks market was valued at US$ 35.3 Bn in 2014 and is projected to expand at a CAGR of 6.9% during the forecast period to reach US$ 55.9 Bn by the end of 2021.
Assessing the various factors driving the market growth, PMR analyst opined, “The global material handling equipment market is growing significantly at an annual growth rate of 3%–7%. Electric type forklift truck is one of the prominent segments in this market. These trucks are gaining traction due to the implementation of various advanced technologies and their growing application across various industries worldwide.” The China market is projected to exhibit the fastest growth over the forecast period due to various factors, such as favorable economic environment and a need for technological advancements in in-house logistics in the country.
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/forklift-trucks-market/toc
From a regional perspective, Asia-Pacific was the largest market for forklift trucks in 2014, accounting for approximately 41.4% volume share of the overall market. Europe is projected to account for the second largest volume share of the global forklift truck market and expand at a CAGR of 4.6% over the forecast period, due to the positive outlook of the economy in Western Europe and expected rise in trade of goods, in turn leading to a significant growth in demand for forklift trucks in the region in the near future.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3552
Key market participants covered in the report include Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Inc., Toyota Industries Corporation (TICO), Mitsubishi Nichiyu Forklift Co., Ltd., Crown Equipment Corporation, Anhui HeLi Co., Ltd., CLARK Material Handling Co., Ltd., and UniCarriers Americas Corporation.
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Forklift Truck Market Reflecting a CAGR of 6.9% by 2021 End : PMR Report here
News-ID: 411298 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for Forklift
Global Forklift Counterweight Market analysis and forecast Report 2021-2028 by t …
The new insights on the global Forklift Counterweight market report provides a detailed inspection of the variable patterns and factors affecting the progression of the Forklift Counterweight market. It also has a brief evaluation key statistics associated with the possible development of the Forklift Counterweight market which represents new manufacturing estimations for the international marketplace. An evaluation of various government plans as well as policies on the Forklift Counterweight market…
Forklift Truck Market - The Eco-Friendly Future Of The Forklift Truck, Factors W …
Forklift Truck Market 2020-2030: Forklift truck, also called lift truck or fork truck, is a truck used to lift and move material from one place to another. Japan, China, and India are the major economies in Asia-Pacific that contribute to the adoption of forklift trucks. In addition, China's fast-growing e-commerce sector drives the demand for electric forklift trucks such as LMH?EUR(TM)s newly developed pallet stacker. Moreover, stringent government regulations related…
Forklift Trucks Market – Monitoring Product Benefits 2025 | CLARK, Mitsubishi …
Global Forklift Trucks Market: Snapshot
The global forklift truck market is witnessing a high demand and this is attributed to the growing number of applications of forklift trucks in several manufacturing industries. The worldwide growth of the e-commerce sector is also propelling the growth of the global forklift track market. In addition to this, technological advancements, growing adoption of green logistics solutions are some of the factors that are driving the…
Forklift Trucks Market - Business strategists forecast 2025 | HYTSU Group, Anhui …
Global Forklift Trucks Market: Snapshot
The global forklift truck market is witnessing a high demand and this is attributed to the growing number of applications of forklift trucks in several manufacturing industries. The worldwide growth of the e-commerce sector is also propelling the growth of the global forklift track market. In addition to this, technological advancements, growing adoption of green logistics solutions are some of the factors that are driving the…
Forklift Trucks: Electric Powered Forklift Trucks to Record Highest Market Size …
The report " Global Market Study on Forklift Trucks: Electric Powered Forklift Trucks to Record Highest Market Share During the Forecast Period 2017-2021", has been prepared based on an in-depth market analysis with inputs from industry experts.
This Persistence Market Research report examines the global forklift truck market for the period 20172021. Forklift trucks are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility.…
Electric Forklift Market Growth Operated By Crown Equipment, Doosan Group, Godre …
The global market for electric forklift will grow at a CAGR of 7.6% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (retail, logistic, industrial, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).
The “Electric Forklift Market” Report offers an inclusive and decision making overview, including…
