Global Forklift Truck Market: Industry Analysis & Outlook (2018-2022) with Profiles for Toyota Industries Corporation, KION Group, Jungheinrich, and Mitsubishi Logisnext – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Forklift Truck Market: Industry Analysis & Outlook (2018-2022)”

report has been added to ResearchAndMarkets.com’s offering.

Rapid infrastructural developments and technological advancements are
the factors contributing to forklift market growth. Asian market has a
major share in the forklift volume owing to high demand for these trucks
in emerging nations such as China and India.

There has been increasing growth in the shipment volume of forklift
worldwide and it is expected to show further growth in coming years,
representing a positive outlook for the market.

Increasing forklift volume is mainly driven by the e-commerce growth
globally. There is need of warehouse and distribution centers in the
e-commerce market and e-commerce warehouses need to operate much more
efficiently than bulk warehouses. One of the recent developments made in
this market is hydrogen and lithium batteries to save cost and increase
productivity.

Class III type of forklift trucks are expected to register the highest
growth in coming years due to increasing demand for electric trucks for
manufacturing and warehouse activities.

Market Dynamics

Growth Drivers

  • Rising E-commerce Growth
  • Growing Construction Sector Spending
  • Expansion of Warehouse Space
  • Upsurge in Industrialization and Economic Growth
  • Expansion of Logistics Industry
  • Rising Application in Manufacturing Industries

Key Trends & Developments

  • Rising M-Commerce
  • Increasing Penetration of Internet of Things (IoT)
  • Rising Technological Advancement
  • Increased Automation of Entire Material Flow
  • Rising Demand for Environmental Friendly Vehicles
  • Purchase of Low-Cost Forklift Trucks in Emerging Markets

Challenges

  • Specialized Operator Training Requirement
  • Need of Continuous Support and Maintenance

Key Topics Covered

1. Market Overview

2. Global Market

3. Regional Markets

4. Market Dynamics

5. Competitive Landscape

6. Company Profiles

  • Toyota Industries Corporation
  • KION Group AG
  • Jungheinrich AG
  • Mitsubishi Logisnext Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/lp2524/global_forklift?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Forklifts

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.coom for scheduling information.