Forklift Trucks Market 2018|Worldwide Key Players Analysis:-Komastu Ltd,Hyster-Yale Material handling Inc,KION Group AG,Toyota Industries Corporation,Raymond Corporation,Anhui HELI Co., Ltd

Global Forklift Trucks Market is predicted to grow at approximately 5.9% by 2023.

Market research future published a half cooked research report on global forklift trucks market. The global forklift trucks market is expected to grow over the CAGR of around 5.9% during the period 2017 to 2023

Market Highlights
Forklift trucks are used to lift and move materials within short distances. Growing e-commerce business across the globe ultimately increases the demand of forklift trucks market. However, environmental concerns regarding the use of IC-engine type forklift trucks may hamper the growth of the market. The global forklift trucks market is projected to reach USD 41.73 billion by 2023, at a CAGR of 5.9% from 2017 to 2023.

Key Players
Komastu Ltd. (Japan), Toyota Industries Corporation (Japan), KION Group AG (Germany), Hyster-Yale Material handling Inc. (U.S.), Jungheinrich group (Germany), Mitsubishi Nichiyu Forklift Corporation (Japan), Crown Equipment Corporation (U.K), The Raymond Corporation (U.S.), ANHUI HELI CO., LTD (China), and Kalmar Global (Finland).

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Market Research Analysis
On the basis of regions, the global forklift trucks market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific region dominates the forklift trucks market. The demand of forklift trucks market in Asia-Pacific region is driven by the factors such as growth in industrialization, and construction & infrastructure activities. In Asia-Pacific region, China, India, Malaysia, and Indonesia are major markets for forklift trucks. This region is expected to grow at the fastest pace during the forecast period
Europe is the second largest market for the forklift trucks. The demand for electric powered forklift trucks is increasing in this region mainly due to the stringent emission norms. North America is expected to contribute significantly to the global forklift trucks market during the forecast period.
Manufacturing dominates the application segment of the global forklift trucks market

On the basis of applications, the global forklift trucks market is segmented as manufacturing, logistic, retail & wholesale and others. Manufacturing dominates the application segment of the global forklift trucks market mainly due to the increasing number of warehouses being set up across the regions. Wholesale & retail distribution is projected to grow at the highest CAGR during the forecast period mainly due to increased stocking of goods in warehouses, which are further distributed through the wholesalers and distributors.

Scope of the Report
This study provides an overview of the global forklift trucks market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global forklift trucks market as technology, capacity and application.

By Technology
•Electric Powered
•Internal Combustion Engine Powered

By Capacity
•Below 5 tons
•Above 5 tons

By Application
•Manufacturing
•Logistic
•Retail & Wholesale
•others

Full report on Forklift Trucks Market report spread across 110 pages, profiling 15 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/forklift-trucks-market-2920

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