GLOBAL HEAVY DUTY FORKLIFT MARKET

 

INTRODUCTION

 

Forklift is a type of vehicle categorized as a powered industrial vehicle. It is an industrial vehicle with a prolonged device attached that can be lowered and raised. These are used to transport and hoist heavy objects in industrial facilities, distribution centers, warehouses and outdoor environments. 

 

 

 

 

Recently , increase in productivity, operator comfort, decrease in downtime, reduced number of injuries and accidents are the key elements in growth in the forklift market. 

 

Advancement in the technology are paving way for greater adoption forklifts, development of intelligence forklifts, forklifts with ultra capacitors, robotic lift truck, fuel cell powered forklift trucks, fast charging battery based forklifts, and cost effective and hydrogen powered forklifts are drastically influencing the growth opportunities in the forklifts market. 

 

GLOBAL HEAVY DUTY FORKLIFT MARKET SIZE AND FORECAST

 

The Global heavy duty forklift  market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

RECENT DEVELOPMENTS IN GLOBAL HEAVY DUTY FORKLIFT

 

Sl. No.	Company	Year	Developments
1.	The KION Group	March, 2022	KION Group generated growth and achieved order intake from 32.2 % to €12.482 billion
2.	Hangcha Group	March, 2022	Hangcha Group announced that the company’s share price triggered the downwards correction clause of the conversion price of “Hangcha Convertible Bonds”.
3.	Caterpiller	March, 2022	Caterpiller hauled more than 1 Bt material with CatⓇ command.

 

COMPANY PROFILES

• The KION Group
• Toyota Industries Corporation
• Mitsubishi Logisnext Co., Ltd.
• Hangcha Group
• Hoist
• Caterpiller 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average selling price in the Global Heavy duty Forklift Market right now and how will it change in the next 5-6 years? 
2. Market share of Global Heavy duty Forklift manufacturers and their upcoming products.
3. Cost advantage for OEMs who manufacture Global Heavy duty Forklift  in-house.
4. 5 key predictions for the next 5 years in the Global Heavy duty Forklift market.
5. Latest trends in Global Heavy duty Forklift  Market, by every market segment
6. The market size (both volume and value) of Vietnam Sportswear  Market in 2022-2027 and every year in between.
7. Global production breakup of Global Heavy duty Forklift Market, by suppliers and their OEM relationship.
8. What is happening overall in the Global Heavy duty Forklift market.
9. Who are the major players in the Global Heavy duty Forklift market?
10. What are the business opportunities in the Global Heavy duty Forklift Industry?
11. What is the target group ?
12. What are the strategies for the Global Heavy duty Forklift market in the next five years?
13. What are the Threats in the Global Heavy duty Forklift market in the next five years.