Global Forklift Trucks Market 2020-2024

Global Forklift Trucks Market 2020-2024

  • January 2020 •
  • 120 pages •
  • Report ID: 4933646 •
  • Format: PDF
Global Forklift Trucks Market 2020-2024
The analyst has been monitoring the global forklift trucks market and it is poised to grow by 498.49 k units during 2020-2024, progressing at a CAGR of 6% during the forecast period. Our reports on global forklift trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rapid growth in construction sector. In addition, introduction of fuel cell powered forklift trucks is anticipated to boost the growth of the global forklift trucks market as well.

Market Segmentation
The global forklift trucks market is segmented as below:
Class Type
• Class I
• Class II
• Class III
• Class IV
• Class V

Geographic segmentation
• APAC
• Europe
• MEA
• North America
• South America

Key Trends for global forklift trucks market growth
This study identifies introduction of fuel cell powered forklift trucks as the prime reasons driving the global forklift trucks market growth during the next few years.
Prominent vendors in global forklift trucks market
We provide a detailed analysis of around 25 vendors operating in the global forklift trucks market , including some of the vendors such as Cargotec Corp., Crown Equipment Corp., CVS Ferrari Spa, Hyster-Yale Materials Handling Inc., Jungheinrich AG, KION GROUP AG, Mitsubishi Heavy Industries Ltd., Royal Terberg Group BV, SANY Group Co. Ltd. and Toyota Industries Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.