Industrial Vehicles Market Size, Share, Demand, Growth & Forecast 2030
The global industrial vehicles industry size is projected to grow from USD 43.1 billion in 2024 to USD 56.7 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fuelling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics...
Forklift Market by Application, Tonnage, Class and Region – Global Forecast to 2021
The global Forklift Market is projected to grow at a CAGR of 1.93%, from USD 16.00 billion in 2016 to USD 17.61 billion by 2021. The focus on fuel economy to meet stringent emission norms coupled with the rising demand for electric forklift is projected to drive the market for battery-operated forklift market. The growing need for warehouses to support hub and spoke model in various sectors, such as...