Australia Forklift Truck Market Outlook During Forecast Period 2016- 2024

Posted on 2018-04-13 by Goldstein Research in Internet & Online // 0 Comments

New York, USA, 2018-Apr-13 — /EPR Network/ —According to Goldstein Research, Australia forklift truck market is expected to reach USD 2.86 billion by the end of 2024, growing at a CAGR of 7.48% over the forecast period, 2016-2024. Development in e-commerce business and logistics model are major driving factors in the growth of the Australia forklift truck market. Australia Forklift truck market segmentation has been done on the basis of product type, fuel type, end users and geography. Class I (Electric Motor Rider Truck) accounted for largest market share in 2016 and is expected to grow at fastest rate over the forecast period due to its high productivity and cost efficiency. Australia Forklift truck market is dominated Toyota Motors, having nearly 34% market share. IC engine accounted for 40% market share but battery-electric forklift truck is expected to take over the market share on the back of sustainable environment.

Australia Forklift Industry Segmentation

On the basis of our in-depth analysis, AustraliaForklift truck Market can be segmented as follows:

By Product Type

Class I (Electric Motor Rider Trucks)
Class II (Electric Motor Narrow Aisle Trucks)
Class III (Hand Rider Trucks)
Class IV (IC Engine Trucks, solid/Cushion Tires)
Class V (IC Engine Trucks, Pneumatic Tires)
Class VI (Electric and IC Engine Tractors)
Class VII (Rough Terrain Forklift Trucks)

By Fuel Type

Diesel
Gasoline
Electric

By End Users

Paper Industry
Ports and Logistics
Radio Active Waste
Automobile Industry
Iron and Steel Industry
Food and Beverages
Wood Industry
Others

On the basis of region

Northern Australia {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Eastern Australia {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Western Australia {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Southern Australia {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Australia Forklift truck Industry Analysis” contains detailed overview of the Australia Forklift truck market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, fuel type and end users.

Further, for the in-depth analysis, Australia Forklift truck Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asToyota Industries Corporation, Crown, MANITOU, Clark, Linde, Hyster-Yale, Mitsubishi, Jungheinrich AG, Hyundai and Heli Co. Ltd.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the AustraliaForklift truck market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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