Report Highlights
The global market for forklift trucks reached $38.5 billion in 2015. This market is expected to increase from $41.9 billion in 2016 to $56.3 billion in 2021 at a compound annual growth rate (CAGR) of 6.1% for 2016-2021.
Report Includes
- An overview of the global forklift truck market.
- Analyses of global market trends, with data from 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Coverage of individual revenue forecasts, and major developments for each major segment of the market.
- Information on major trends and challenges affecting the market, including globalization of supply chains, growth in container industry, and rising demand for proper and safe storage.
- Segmentation of the market by product type, technology, lifting capacity, application and region.
- Profiles of major players in the industry.
Report Scope
The scope of this report is broad and covers various types of forklift trucks used in applications in different industries. The market is broken down by forklift truck technology type, product types used for forklift truck applications and regional markets. Revenue forecasts from 2016 to 2021 are provided for each major type of forklift truck, application and regional market, with estimated values derived from manufacturers’ total revenues.
The report also includes a discussion of the major players across each regional forklift trucks market; it explains the major market drivers of the global forklift trucks industry, current trends within the industry, major applications, and the regional dynamics of the global forklift trucks market.
The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global forklift trucks industry.
Analyst Credentials
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
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