![Global Forklift Trucks Market](https://res.cloudinary.com/devmoveo/image/upload/v1705403065/skyquest/report/phpoSPHg8.jpg)
Report ID: SQSG20G2002
Report ID:
SQSG20G2002 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
71 |
Figures:
75
North America held the largest share of the Forklift Trucks Market. due to the region's better infrastructure and growing industry. Additionally, the market for forklift trucks is anticipated to grow in value due to the quick uptake of forklifts across several industries. Due to the rising need for automation in emerging nations, it is anticipated that the Asia Pacific region would have significant and steady growth in terms of market share throughout the projection period. Further driving market expansion in this region is projected to be factors like an improved economy and rising urbanisation. About 83% of the market in North America is controlled by the United States. The U.S. is anticipated to see good sales growth during the course of the projected period. The existence of significant players in the U.S. is what causes this anticipated rise. Players in this market are making significant investments in cutting-edge forklift trucks rather than traditional forklift trucks.
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REQUEST FREE CUSTOMIZATIONForklift Trucks Market size was valued at USD 73680.75 million in 2019 and is poised to grow from USD 83416.09 million in 2023 to USD 100000 million by 2031, growing at a CAGR of 13.2% in the forecast period (2024-2031).
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Report ID: SQSG20G2002