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A new report covers Forklift Market outlook providing historical facts, current status and future development trends information along with data on leading players and regions.
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Forklift Market Analysis Research and Trends Report for 2019- 2026 • Growing infrastructure development initiatives in emerging economies is increasing the demand for forklifts to lift and transport heavy goods. Government administrations are increasingly investing in improving the public infrastructure to support economic growth. • Growing investments toward the replacement of diesel power source with sustainable and green solutions will propel the forklift market for electric powered lift trucks. • Global Market Insights, Inc. has recently added a new report on forklift truck market which estimates the global market valuation for forklift will cross US$ 100 billion by 2026. The growing demand for forklifts in the construction industry will drive market growth over the forecast timespan. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Rising expansion of e-commerce and logistics industries globally. • Stringent emission norms are driving the demand for electric forklifts. • Need for automation for enhancing productivity. • Improving industrial sector in South America. • Demand for forklifts from aviation industry in MEA • Adoption of forklifts for lifting various types of materials, such as steel, wood, and mortar, by the construction industry to transfer heavy goods and reduce mishandling is driving industry growth. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • According to GMI report, Europe forklift market share accounted for around 34% in 2018 and is anticipated to witness significant growth in the coming years. The growth is driven by the increasing demand for battery-operated trucks and development of the warehouse segment across the region. The highest utilization of electric vehicles in wholesale & retail distribution is expected to increase the forklift truck market share in the region. Moreover, the adoption of advanced technologies, such as Industry 4.0 and big data, in the manufacturing sector will further spur forklift market growth. • Competitive Analysis • Major forklift market players in the forklift truck market include Hyster-Yale Materials Handling, Inc., Toyota Industries Corporation, Mitsubishi Nichiyu Forklift Co., Ltd., KION Group, Jungheinrich AG, Crown Equipment Corp., UniCarriers Americas Corporation, Anhui Forklift Truck Group Corp., Hangcha Group Co., Ltd., Komatsu Ltd., Clark Material Handling International, Inc., Doosan Industrial Vehicle, Hyundai Heavy Industries, Lonking Forklift Co., Ltd., and Combilift Ltd. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1371 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Forklift Market @ https://www.gminsights.com/industry-analysis/forklift-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1371 Request for customization: https://www.gminsights.com/roc/1371 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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