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Australia Forklift Truck Market Outlook 2024: Growth Opportunity and Demand Analysis, Market Forecast, 2016-2024

The Australia forklift truck market is expected to grow at a CAGR of 7.48% during 2016-2024, driven by the need for warehouse expansion and rising e-commerce business in the country. This report provides an in-depth analysis of market trends, segmentation by product type, fuel type, and end-users, and offers growth opportunities and market forecasts.

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Australia Forklift Truck Market Outlook 2024: Growth Opportunity and Demand Analysis, Market Forecast, 2016-2024

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  1. Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Report Code : AM1004 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 Australia Forklift Truck Market Growing need for expansion of warehouse space and rising e-commerce business in Australia has significantly augmented the demand for forklift truck replacement and bulk investment in purchase of electric forklift trucks for warehouse operations. In recent years, there has been a considerable shift away from internal combustion to electric powered forklifts. In a market of Australia where electric equipment is highly developed, more opportunity exists for a shift towards the benefit of these products. Moreover, Australia has witnessed significant growth in the industrial property market over the past few years, with greater interest by property and real estate investors to invest in business parks and logistics. For instance, new Industrial facilities across the eastern seaboard are 33% bigger than they were in 2012, with the average size of new industrial facility nationally around 14,000 Sqm. Growing investment for developing industrial sector and logistics in Australia is anticipated to drive the growth of forklift trucks market in Australia. Goldstein Research analyst forecast the Australia forklift truck market to grow at a CAGR of 7.48% during the period 2016-2024. Further, the Australia forklift truck market is predicted to reach USD 2.86 billion by the end of forecast period.

  3. Australia Forklift Truck Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 • Market Segmentation • By Product Type • Class I (Electric Motor Rider Trucks) • Class II (Electric Motor Narrow Aisle Trucks)   • Class III (Hand Rider Trucks)  • Class IV (IC Engine Trucks, solid/Cushion Tires) • Class V (IC Engine Trucks, Pneumatic Tires) • By Fuel Type • Diesel • Gasoline • Electric • By End Users • Paper Industry • Ports and Logistics • Radio Active Waste • Automobile Industry • Request for Sample @ https://www.goldsteinresearch.com/request-sample/australia-forklift-truck-industry-market-analysis Sample Request

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