Global Forklift Truck Market Is Projected To Grow With A Significant Growth Rate During The Forecast Period 2018-2025

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Global Forklift Trucks Market, By Product Type,
and Geography - Industry
Insights, Trends, Outlook, and Opportunity
Analysis, 2015-2025
Global Forklift Truck Market Overview
Global forklift truck market drives the new
growth opportunities in a different segment.
Owing to
growth in e-commerce business, expansion of
warehouse space globally and rising manufacturing
industries. Forklift trucks are motorized
vehicles which are mainly used for movement,
independent
lifting, and placement of discrete loads
throughout a facility. Industries such as Food
industries and
logistics are identified as lucrative targets for
investment in forklift truck market and projected
to
rise with the highest market share. Other factors
such as an increase in productivity, reduced
injuries
accidents along with operator comfort are major
factors that supplement the market growth.
Manufacturers of materials handling equipment are
focusing towards the advancement of
equipment with high performance owing to the
growing need for fuel efficiency and green
technology based vehicles. Moreover, stringent
government regulations related to carbon emissions
in Japan and China and rise in adoption of
electric forklift truck are expected to fuel the
forklift truck
market growth in the future.
Retail segment is projected to dominate the
Global forklift truck market during the forecast
period.
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On the basis of end-user, the Global Forklift
truck market has been segmented into
Transportation
and Logistics, Retail Industry, General
Manufacturing, Construction, and Food Beverages
Industry.
The retail segment is projected to be the leading
segment of the overall forklift truck market and
anticipated to dominate the market over the
forecast period 2018-2025. Owing to the booming e-
commerce sector which caters to various product
segments like apparels, cosmetics, etc. Immense
change in the transportation and logistics
industries, utilized for independent movement,
lifting, and
placement of discrete loads in a specific
facility. With the technological advancement and
economic
level, the forklift truck is likely to grow over
the forecast period. Forklift trucks provide
higher
flexibility and operational speed for repeated
material handling tasks which makes it suitable
for
numerous construction activities. Thus, the
growth of the retail sector will drive the growth
of
forklift trucks market during the forecast period.
Electric Power segment is projected to be the
fastest growing segment in the Global forklift
truck
market during the forecast period.
Electric/battery-powered forklifts have taken a
stronghold in a material handling environment.
Electric power trucks are gaining traction due to
the implementation of various advanced
technologies and their growing application across
various industries worldwide. With an increasing
focus on fuel efficiency and emission norms, the
majority of forklift manufacturers are focusing on
battery-operated forklifts so as to offer
enhanced efficiency with lesser emissions.
Developed
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countries like North America and Europe are
gaining a huge ground for an electric power
forklift
truck. However, in the emerging economies, there
is still a preference for IC-engine forklift
trucks. In
addition, forklift trucks that are powered on
alternate sources of energy like hydrogen are also
gaining traction in the global forklift truck
market.
Asia-Pacific accounts for the largest share of
the global forklift truck market during the
forecast
period.
On the basis of region, the forklift truck market
has been segmental into North America, Europe,
Asia Pacific, Middle East Africa, and Latin
America. Asia-Pacific and Europe are the major
demand
generating regions in the global forklift market.
Owing to surging demand for new airports,
seaports,
and road construction in the regions, government
scheme such as Make in India. Factors such as
favorable economic environment and technological
advancements will fuel the demand for forklift
truck globally. Moreover, increasing penetration
of e-commerce companies in countries like India
China is further bolstering the growth of the
forklift market in the region.
Objective of the Study
?
To analyze and forecast market size of the global
forklift truck market, in terms of value
volume.
?
To examine the careful market segmentation and
forecast the market size, in terms value,
on the basis of region by segmenting forklift
truck market into five regions namely, North
America, Europe, Asia Pacific, Middle East, and
their leading countries.
?
To outline, categorized and forecast the global
forklift truck market on the basis of engine
power, by end-use and by class.
?
To examine competitive developments like
expansions, technological advancement,
services, and regulative framework within the
global forklift truck market.
?
To highlight the impact analysis of the factors,
affecting the market dynamics such as drivers,
restraints, opportunities, and challenges.
?
To strategically profile the key players and
comprehensively analyze their market shares
along with detailing the competitive landscape
for market leaders.
Global Forklift Truck Market Competitive Landscape
Companies such as Toyota Industries Corporation,
Kion Group AG, Jungheinrich AG, Mitsubishi
Logisnext Company Ltd., Crown Equipment Corp.,
Hyster-Yale Materials Handling, Inc., Anhui
Forklift
Truck Group Co. Ltd., Hangcha Group Co. Ltd.,
Doosan Industrial Vehicle, and Clark Material
Handling
International, Inc. are the key players of
forklift truck market globally.
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Key Target Audience
?
Market research and consulting firms
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?
Industry associations
?
Raw material suppliers
?
Global forklift truck manufacturers
?
Research organizations and consulting companies
?
Organizations, associations and alliances related
to forklift Truck market
?
Regulatory bodies
Scope of the Report
By Engine Power
?
IC Engine Power
?
Electric Power
By End-User
?
Transportation and Logistics
?
Retail Industry
?
General Manufacturing
?
Construction
?
Food Beverages
By Class
?
Class I
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Class II
?
Class III
?
Class IV
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Class V
In addition, the report provides analysis of the
forklift truck market with respect to the
following
geographic segments and their high performing
regions
Business Questions answer by the report
?
How will the market drivers, restraints and
opportunities affect the market dynamics?
?
What will be the market size in terms of value
and volume and market statistics with
detailed classification
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Which segment dominates the market or region and
one will be the fastest growing and
why?
?
A comprehensive survey of the competitive
landscape and the market participant players
?
Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last
priority. And thats why BlueWeave Consulting
offers
customization according to Companys specific
needs. The following customization options are
available for the report
Additional Company Information
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With five additional company detail analysis.
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Additional country analysis.
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Detailed segment analysis.
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Trucks Market
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t-truck-market-1972/RD
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