The Future of Heavy Machinery: The Industrial Vehicles Market
The global Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected to augment revenues growth for the industrial vehicles market. Advent of smart factories in material handling...
Industrial Vehicles Market Trends, Demand, Analysis & Forecast 2027
The global Industrial Vehicles Market
is projected to grow from USD 43.7 billion in 2022 to USD 54.3 billion by 2027,
at a CAGR of 4.5%.
Factors such as increasing adoption of automation in
industries for better productivity, along with growing e-commerce sector will
boost the demand for the industrial vehicles market. Increasing penetration of
battery-operated industrial vehicles owing to CO2...