Market Research Report
Global Industrial Truck Market 2020-2024
|Global Industrial Truck Market 2020-2024|
Published: December 13, 2020
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the industrial truck market and it is poised to grow by 221.01 th units during 2020-2024 progressing at a CAGR of 3% during the forecast period. Our report on industrial truck market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of e-commerce in several countries and supportive government policies for the growth of the MSME sector. In addition, the growth of e-commerce in several countries is anticipated to boost the growth of the market as well.
The industrial truck market analysis includes the product segment and geographical landscapes.
Technavio's industrial truck market is segmented as below:
By Geographical Landscapes
This study identifies increasing demand from the food and beverage industry as one of the prime reasons driving the industrial truck market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the industrial truck market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial truck market vendors that include Anhui Heli Co. Ltd., Caterpillar Inc., Crown Equipment Corp., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Hyundai Construction Equipment Co. Ltd., Jungheinrich AG, KION GROUP AG, Mitsubishi Heavy Industries Ltd., and Toyota Industries Corp. Also, the industrial truck market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.