PUBLISHER: Allied Market Research | PRODUCT CODE: 1140039
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140039
A forklift truck can be defined as the most important vehicle for material handling. A lift truck is a powered industrial vehicle that is used for lifting and transporting material for short distances inside warehouses or other operational sites. Lift trucks are either gasoline-powered or electric-powered. Also, the penetration of electric-powered forklift trucks has increased in the recent years, owing to several benefits such as eco-friendliness and noiseless operation. Further, a typical forklift truck consists of two power-operated horizontal prongs that are raised and lowered for loading, transporting, and unloading goods.
The forklift truck market is segmented on the basis of power source, class, end user, and region. By power source, the market is classified into IC engine powered and electric powered. By class, it is categorized into class 1, class 2, class 3, class 4, class 5, and others. By end user, the market is divided into retail & wholesale, logistics, automotive, food industry, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Crown Equipment Corporation, EP Equipment, Hangcha, Hyster-Yale Material Handling, Inc., Jungheinrich AG, Kion Group AG, Komatsu Ltd., Lonking Machinery Co., Ltd., Mitsubishi Logisnext Co., Ltd., and Toyota Industries Corporation.
Key Benefits For Stakeholders
Key Market Segments
By Power Source
By Class
By End Use
By Region