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Why Forklift Truck Market is set to grow in the near future?

Request for PDF Sample of this report: https://www.alliedmarketresearch.com/request-sample/596<br><br>Global forklift truck market is expected to reach $51 billion by 2022, growing at a CAGR of 6.6% from 2014 to 2022. Forklift trucks, also referred to as lift trucks, are vehicles utilized to transfer goods over a short distance. Forklifts are largely used in manufacturing industries and warehousing operations.

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Why Forklift Truck Market is set to grow in the near future?

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  1. Forklift TruckMarket Forklift Truck Market by Product Type (Warehouse and Counterbalance), Engine Power (IC Engine Power and Electric Power), End User (Retail & Whole Sale, Logistic, Automotive, Food Industry, and Others industry), and Class (Class I, Class II, Class III, Class IV, and Class V) - Global Opportunity Analysis and Industry Forecast, 2014-2022 Click here for more information: https://www.alliedmarketresearch.com/forklift-truck-market Get PDF Sample of this report: https://www.alliedmarketresearch.com/request-sample/596

  2. Forklift TruckMarket Current and future Market Scenario Forklift Truck Market is expected to garner $51 billion by 2022, states Allied Market Research Forklift Truck Market will grow at a prominent CAGR of 6.6% Asia-Pacific is anticipated to maintain its dominance throughout the forecast period Forklift Truck Market is segmented based on product type, engine power, end user, class, and geography.

  3. Forklift Truck Market Factors Contributing to Market Growth The forklift market is expected to witness notable growth in future owing to the competitive advantages of electric forklift trucks such as high efficiency, eco-friendly nature, and low operation cost compared to other forklift trucks.

  4. Forklift Truck Market Market Segments

  5. Forklift Truck Market Dominating Segments In 2015, class IV forklift truck led the overall forklift truck market, and is projected to grow at a CAGR of 5.2% during the forecast period. In 2015, counterbalance forklift truck was the dominant type, and is projected to grow at a CAGR of 6.4%. IC engine-powered forklift truck dominated the market, and is expected to grow at a CAGR of 5.8%.

  6. Forklift Truck Market Region Overview Asia-Pacific accounted for the largest market share in 2015, and is anticipated to grow at a significant CAGR of 7.8%. Geographically, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

  7. Forklift Truck Market Leading Players The key players of the Forklift Truck Market are Toyota Industries Corporation (TICO), Kion Group AG, Jungheinrich AG, Hyster-Yale Material Handling Inc., Crown Equipment Corporation, Mitsubishi Nichiyu Forklift Co. Ltd, UniCarriers American Corporation, Anhui Forklift Truck Group Corp, Hangcha Group Co. Ltd and Komatsu Ltd.

  8. A report titled “Forklift TruckMarket - Opportunities and Forecasts” has been published by Allied Market Research. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. To know more about the Forklift TruckMarket - Opportunities and Forecasts, report: https://www.alliedmarketresearch.com/forklift-truck-market Follow us on Thank You

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