Electric Forklift Market anticipated to Grow at a CAGR of 7.1% (2016-2024)
by Steve Blade · January 8 Cheap Bills Jersey , 2019


According to Goldstein Research, Global electric forklift 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 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 market is dominated by Asia-Pacific Bills John Miller Jersey , 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.


Download Exclusive Sample Report:聽 Market Segmentation

On the basis of our in-depth analysis, Global Electric forklift 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 market Analysis, 2016-2024 Europe Electric forklift market Analysis Bills Shaq Lawson Jersey , 2016-2024 The Middle East And Africa Electric forklift market Analysis, 2016-2024 Latin America Electric forklift market Analysis, 2016-2024 Asia Pacific Electric forklift market Analysis, 2016-2024 Rest Of The World Electric forklift market Analysis, 2016-2024

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鈥淕lobal Electric forklift market Analysis鈥?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 Electric forklift market Report highlights the competitive outlook of major global players that includes business strategies Bills Nathan Peterman Jersey , 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 market discussed in the report are Jungheinrich Lift Truck Corp., Kion Group AG, Toyota Industries Corp., Hyster-Yale Group Bills Dion Dawkins Jersey , 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 Bills Zay Jones Jersey , 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 market share also comprises of key challenges for the market players Bills TreDavious White Jersey , 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

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe Bills Tremaine Edmunds Jersey , Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.


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鈥?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鈥?needs and business agenda.


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