Market Research Report
North America Forklift Truck Market Forecast 2018-2026
|Published by||Inkwood Research||Product code||664790|
|Published||Content info||87 Pages
Delivery time: 2-3 business days
|North America Forklift Truck Market Forecast 2018-2026|
|Published: July 20, 2018||Content info: 87 Pages||
Opportunities such as rising technological advancement and increase in the adoption of green logistics solutions are expected to boost the North American forklift trucks market growth over the forecast period of 2018-2026. By the end of these projected years, the market is likely to register a CAGR of 2.75%.
US and Canada are the geographies analyzed for this region. High adoption of forklift truck amidst growth in the manufacturing sector is expected to boost the demand for forklift trucks in the United States. Forklift trucks are deployed in the manufacturing sector to reduce human labour and to improve supply chain efficiency. On the other hand, the Canadian market is expected to prosper due to government investments for enhancing airport infrastructure and the growth in the country's e-commerce industry.
Companies are focusing on new product development, merger & acquisition and collaborative research and development to sustain in the market and strengthen their respective positions in the North American forklift truck market. Some of these companies include Clark Material Handling Company, Toyota Industries Corporation, Godrej & Boyce Manufacturing Company Limited, Ep Equipment Co Ltd, Hyster-Yale Materials Handling Inc, Jungheinrich Ag, Crown Equipment Corporation, Komatsu Ltd, Doosan Corporation Industrial Vehicle, Kion Group Ag, and Hyundai Heavy Industries Co Ltd.