Forklift Truck Market | Lift Truck | Industrial Vehicles | Inkwood Research

GLOBAL FORKLIFT TRUCK MARKET

FORECAST 2023-2032

Global Forklift Truck Market by Engine Type (ICE Powered, Electric Powered) Market by Type (Class 1, Class 2, Class 3, Class 4 & 5) Market by End-user (Retail & E-commerce, Construction, Manufacturing, Other End-users) by Geography

Report Summary

• The global forklift truck market is predicted to reach $130750.69million by 2032, growing at a CAGR of 6.60% over the forecast years of 2023-2032.

• The material handling and logistics processes in various different industries rely heavily on the forklift truck market, an expanding sector of the economy.

• Forklift vehicles are frequently used in warehouse operations and are mostly used to move merchandise and load as well as unload trucks.

Market Segmentation – Engine Type, Type and End-User

Market by Engine Type

• ICE Powered

• Electric Powered

Market by Type

• Class 1

• Class 2

• Class 3

• Class 4 & 5

Market by End-User

• Retail & E-Commerce

• Construction

• Manufacturing

• Other End-Users

Geographical Study based on Four Major Regions

• North America: The United States and Canada

• Europe: The United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe

• Asia-Pacific: China, Japan, India, South Korea, Australia & New Zealand, and Rest of Asia-Pacific

• Rest of World: Latin America, the Middle East & Africa

Key Players studied in the Market

• Hyster-Yale Materials Handling Inc

• KION AG

• Mitsubishi Logisnext Co Ltd

• Toyota Industries Corporation