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Global forklift market, size, share, market intelligence, company profiles, market trends, growth, insider, strategy, research and analysis report, forecast 2018-2023
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Orion Market Research GLOBAL FORKLIFT MARKET RESEARCH AND FORECAST 2018-2023
DEFINITION Forklift is an industrial vehicle which has a forked platform attached at the front side of the vehicle. the forked platform is used to move cargo or any material up and down and to transport it for a short distance. forklifts have a number of applications in various industries such as automotive, building & construction, steel, and also in warehouses and other large storage facilities.
MARKET MOTIVATORS Rising applications of forklift in manufacturing and warehouse facilities Multifunctionality of the forklift spurring its need in various verticals Rising adoption of electric forklift
MARKET RESTRAINTS High cost of battery operated and fuel cell forklift Availability of forklift alternatives such as overhead crane and loader backhoe
MARKET OPPORTUNITIES Rapidly emerging e-commerce sector around the globe Rising demand for forklift in automotive, steel industry
MARKET SEGMENTATION BY APPLICATION Manufacturing Industry Construction Freight & Logistics Others (Commercial Stores and Warehousing)
MARKET PLAYERS Deere & Co., Doosan Corp. Hitachi Construction Machinery Co., Ltd. Hyundai Construction Equipment Co., Ltd. Mitsubishi Nichiyu Forklift Co., Ltd Toyota Industries Corp. To Be Continued……
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