Forklift Trucks Market Top Companies, Trends and Future Details for Business Opportunity 2023-2028

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Global Forklift Trucks Market Research and
Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Forklift Trucks Market Research Report
2023-2028 According to the latest report by
IMARC Group, titled Forklift Trucks Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028, the global
forklift trucks market size reached US 62.2
Billion in 2022. Forklift trucks are robust,
heavy-duty industrial machines equipped with two
horizontal power-operated prongs, which help
load, unload, and move crates, container goods,
and other commodities on pallets within the
premises. They are usually powered by electric
batteries or internal combustion (IC) engines and
are controlled by a skilled machinist. These
trucks are lightweight, cost-effective, durable,
user-friendly, and easy to maintain, and they
generate minimal vibration and noise. Apart from
this, forklift trucks offer maneuverability and
capacity, help streamline supply chain
distribution activities, and improve the
operational efficiency of various manufacturing
processes. On account of these properties,
forklift trucks are vastly used across dockyards,
warehousing, and recycling operations to manage,
transport, and carry several heavy building
materials, such as wood, steel, and
cement. Request for a PDF sample of this report
https//www.imarcgroup.com/forklift-trucks-market
/requestsample

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Report Description and Highlights
Report Description

Global Forklift Trucks Market Trends The
rapid expansion in the e-commerce sector, the
growing establishment of automated warehouses,
and the rising need for effective material
handling solutions are primarily driving the
market growth. In line with this, the heightened
emphasis on enhancing transparency, lowering
operational costs, and increasing productivity
within the warehouse and distribution centers is
acting as another growth-inducing factor.
Furthermore, the implementation of stringent
automotive emission norms by governments has
motivated industrial workers to employ electric
forklifts due to their multiple benefits, which
is propelling the market growth. Such solutions
are eco-friendly, reduce product damage, and
ensure minimal noise emissions at reduced
operating costs. Moreover, the recent research
and development (RD) initiatives being
undertaken by manufacturers to improve load
lifting capacity, acceleration, and speed control
on-ramps are contributing to the market growth.
Additionally, the advent of hydrogen fuel cell
forklift trucks featuring minimal carbon
footprint and superior overall operating
effectiveness is impelling the market growth.
Besides this, the extensive integration of
artificial intelligence (AI), robotics, and other
advanced technological solutions with forklift
trucks to increase real-time responsiveness and
end-to-end efficiency of the product is favoring
the market growth. Apart from this, the
continuous construction of airports, rail
networks, and power plants on account of rapid
industrialization is creating a positive outlook
for the market.
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Report Description and Highlights
Report Description

Looking forward, the market value is projected
to reach US 83.9 Billion by 2028, expanding at a
CAGR of 4.9 during 2023-2028. View Report TOC,
Figures and Tables https//www.imarcgroup.com/for
klift-trucks-market
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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Product Type
• Counterbalanced Forklift Trucks
• Warehouse Forklift Trucks
• Breakup by Technology
• Electricity Powered
• Internal Combustion Engine Powered
• Breakup by Class
• Class I
• Class II
• Class III
• Class IV
• Class V

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Report Description and Highlights
Report Description

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• Breakup by Application
• Non-Industrial
• Warehouses and Distribution Centers
• Construction Sites
• Dockyards
• Snow Plows
• Industrial
• Manufacturing
• Recycling Operations
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Report Description and Highlights
Report Description

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• Competitive Landscape with Key Players
• Clark Material Handling Company
• Crown Equipment Corporation
• Godrej Boyce
• Hyster-Yale Materials Handling Inc.
• Hyundai Heavy Industries Co. Ltd.
• Jungheinrich
• KION Group
• Mitsubishi Forklift Trucks
• Toyota Industries Corporation

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Key Questions Answered in the Report
Report Description

1. What is the market size for the global
forklift trucks market? 2. What is the global
forklift trucks market growth? 3. What are the
global forklift trucks market drivers? 4. What
are the key industry trends in the global
forklift trucks market? 5. What is the impact of
COVID-19 on the global forklift trucks market? 6.
What is the global forklift trucks market breakup
by product type? 7. What is the global forklift
trucks market breakup by technology? 8. What is
the global forklift trucks market breakup by
class? 9. What is the global forklift trucks
market breakup by application? 10. What are the
major regions in the global forklift trucks
market? 11. Who are the key companies/players in
the global forklift trucks market?
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Table of Contents
Report Description

1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Forklift Trucks Market 5.1 Market
Overview 5.2 Market Performance 5.3
Impact of COVID-19 5.4 Market Forecast
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Table of Contents
Report Description

6 Market Breakup by Product Type 6.1
Counterbalanced Forklift Trucks 6.1.1
Market Trends 6.1.2 Market Forecast
6.2 Warehouse Forklift Trucks 6.2.1
Market Trends 6.2.2 Market Forecast 7
Market Breakup by Technology 7.1
Electricity Powered 7.1.1 Market Trends
7.1.2 Market Forecast 7.2 Internal
Combustion Engine Powered 7.2.1 Market
Trends 7.2.2 Market Forecast 8 Market
Breakup by Class 8.1 Class I 8.1.1
Market Trends Click here to visit the complete
table of content with list of figures and tables
https//www.imarcgroup.com/forklift-trucks-market
/toc
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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