Forklift Market Size Worth USD 125.4 billion by 2030
The global forklift market is estimated to grow from USD 85.19 billion in 2024 to USD 125.42 billion by 2030, with a CAGR of 6.7% over the forecast period. Growth in the e-commerce and warehouse sectors, increased demand for warehouse automation, and rising labor costs are the key reasons behind the growing demand for forklifts worldwide. According to the International Trade Administration,...