Los Angeles, CA -- (SBWIRE) -- 02/14/2019 -- Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the global forklift truck market.
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First, in recent time, high growth in the transport and trading industries, as well as the increasing penetration rate of forklift trucks in manufacturing industry, is some of the major drivers of global forklift truck industry.
Second, during the past sixteen years from 2000 to 2015, global forklift truck industry developed fast, with annual factory shipment increased from 603.58 k units in 2000 to more than 1000 k units in 2014 and 2015, and the CAGR is near 4%.
Third, at present, global forklift truck industry shows a high concentration. Among the manufacturers, Toyota (Japan) and Kion (Germany) are the top two largest around the world with more than 35% of the global total revenue in 2015. In Europe, Kion (Germany) and Jungheinrich (Germany) are the largest two companies while Hyster-Yale and Crown are the largest in USA.
The global Forklift Trucks market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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Major Key players of Forklift Trucks market reports are: Toyota, Kion, Jungheinrich, Hyster-Yale, Crown, Mitsubishi Nichiyu, UniCarriers, Anhui Heli, Hangcha, Komatsu, Clark, Doosan, Hyundai, EP, Lonking, Combilift, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce, Paletrans,
The report focuses on various regional markets for each of the segment within the Surgical Lighting market. The major regions include North America, Europe, APAC, MEA, and Latin America. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Forklift Trucks market. The report is thoroughly segmented by product type, application, vertical, and region.
Forklift Trucks Market Segmentation by Types:
Electric Motor Rider Trucks
Electric Motor Narrow Aisle Trucks
Electric Motor Hand or Hand-Rider Trucks
Internal Combustion Engine Trucks - Cushion Tires
Internal Combustion Engine Trucks - Pneumatic Tires
Electric and Internal Combustion Engine Tractors
Rough Terrain Forklift Trucks
Forklift Trucks Market Segmentation by Applications:
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Highlights from the TOC:
Market Overview: Readers are provided with a brilliant overview of the global Forklift Trucks market and the scope of products available for commercial sale. Here, the authors of the report also touch on key segments of the global Forklift Trucks market and give a glimpse of the market size by value and volume.
Competition by Manufacturers: This section of the report shows how different manufacturers are performing in the global Forklift Trucks market on the basis of average price, revenue, and production.
Production Market Share by Region: It includes market analysis of each region and country studied in the report in terms of gross margin, price, revenue, production, and growth rate.
Company Profiles and Key Figures in Business: It lists all players studied in the report on the basis of markets served, gross margin, price, revenue, production, product specification, application, and production sites.
Manufacturing Cost Analysis: It covers industrial chain analysis, raw material analysis, manufacturing cost structure, and other key aspects.
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