Frequently Asked Questions
The market is segmented based on , By Product Type (Warehouse and Counterbalance), Class (Class I: Electric Motor Rider Trucks, Class II: Electric Motor Narrow Aisle Trucks, Class III: Electric Motor Pedestrian Trucks, Class IV: Internal Combustion Engine Trucks; Class V: Internal Combustion Engine Trucks, Class VI: Electric And Internal Combustion Engine Tractors, and Class VII: Rough Terrain Forklift Trucks), Fuel Type (Diesel, Gasoline and LPG/CNG, and Electric/Hybrid), Engine Type (Internal Combustion (IC) Engine Power and Electric Power), Lifting Capacity (< 5 ton, 5 ton - 10 ton, 11 ton - 36 ton, and > 36 ton), End-Use Industry (Retail and Wholesale, Transportation and Logistics, Automotive and Electrical Engineering, Food Industry, and Other Industries) – Industry Trends and Forecast to 2030.
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The Global Forklift Truck Market size was valued at USD 67.75 USD Million in 2022.
The Global Forklift Truck Market is projected to grow at a CAGR of 12.35% during the forecast period of 2023 to 2030.
The major players operating in the market include Jungheinrich AG, HysterYale Group, KION GROUP AG, Lift Technologies, Crown Equipment Corporation, Toyota Industries Corporation, Mitsubishi Logisnext Co., Godrej & Boyce Manufacturing, Komatsu , Anhui Forklift Truck, Hyundai Heavy Industries.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
