Global Electric Forklift Truck Market Analysis 2016-2024

New York, USA, 2018-Sep-07 — /EPR Network/ —

Global Electric Forklift Truck Market

According to Goldstein Research, Global electric forklift truck market is expected to reach USD 39.4 billion by the end of 2024, growing at a CAGR of 7.1% over the forecast period, 2016-2024. Growth in online retail sales and e-commerce logistics model are major driving factors in the growth of the Global electric forklift truck market.

Global Electric forklift truck market segmentation has been done on the basis of product type, end users, and geography. Counterbalanced forklift trucks accounted for the largest market share in 2016, owing 55% market share. Warehouse forklifts are expected to grow at a CAGR of 9.1% over the forecast period. Global Electric forklift truck market is dominated by Asia-Pacific, accounted for 35% market share. APAC is closely followed by Europe, growing at a CAGR of 6.6% over the forecast period. Latin America has huge electric forklift trucks manufacturing opportunities, marking the high growth rate in the future.

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Market Segmentation

On the basis of our in-depth analysis, Global Electric Forklift Truck Market can be segmented as follows:

By Product Type

  • Warehouse Forklift Trucks
  • Counterbalance Forklift Trucks

By End Users

  • Retail and Wholesale
  • Logistics
  • Automotive
  • Food Industry
  • Others (Paper Industry, Wood Industry, etc.)

By Region

  • North America Electric Forklift Truck Market Analysis, 2016-2024
  • Europe Electric Forklift Truck Market Analysis, 2016-2024
  • The Middle East And Africa Electric Forklift Truck Market Analysis, 2016-2024
  • Latin America Electric Forklift Truck Market Analysis, 2016-2024
  • Asia Pacific Electric Forklift Truck Market Analysis, 2016-2024
  • Rest Of The World Electric Forklift Truck Market Analysis, 2016-2024

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“Global Electric Forklift Truck Market Analysis” contains a detailed overview of the global electric forklift truck market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, end-users and geography.

The industry research report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of electric forklift truck market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global electric forklift truck market discussed in the report are Jungheinrich Lift Truck Corp., Kion Group AG, Toyota Industries Corp., Hyster-Yale Group, Anhui Forklift Truck Group Co. Ltd, Clark Material Handling International Inc., Combilift Ltd., Crown Equipment Corp., Doosan Industrial Vehicles Co. Ltd, Godrej & Boyce Mfg. Co. Ltd, Hangcha Forklift Co. Ltd, Komatsu Utility Co. Ltd, Hangcha Group, Mitsubishi Forklift Trucks, etc.

Further, The market research reports encompass the major trends & growth opportunities, market dynamics, and other growth factors. The Electric Forklift Truck Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The market analysis report also includes the expert analysis which provides the complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our industry research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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