Lift Trucks Market
Lift Trucks Market Analysis By Type (Counterbalance & Reach) By Class (Electric Motor Rider, Electric Motor Narrow Aisle, Electric Motor Pedestrian, Rough Terrain Forklift & Others) By Propulsion (IC Engine Vehicles & Electric Vehicles) By End-Use Industry & Region – Insights 2022 to 2032
Analysis of Lift Trucks market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Lift Trucks Market Outlook (2022 to 2032)
The global lift trucks market accounts for a valuation of US$ 48.52 billion in 2022 and is projected to reach US$ 94.56 billion by the end of 2032. This is because worldwide sales of lift trucks are predicted to increase at a noteworthy CAGR of 6.9% from 2022 to 2032.
The growing warehousing industry across the world is fuelling demand for industrial equipment such as forklift trucks, lifting jacks, pallet stackers, etc., which is also subsequently driving lift trucks market growth potential.
| Report Attribute | Detail |
|---|---|
| Lift Trucks Market Size (2022E) | US$ 48.52 Billion |
| Forecasted Market Value (2032F) | US$ 94.56 Billion |
| Global Market Growth Rate (2022 to 2032) | 6.9% CAGR |
| North America Market Share (2022) | 22.8% |
| Europe Market Share (2022) | 36.4% |
| Key Companies Profiled | Hyster-Yale Material Handling Inc.; Toyota Industries Corporation; Jungheinrich Group; KION Group AG; Mitsubishi Nichiyu Forklift Corporation |
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Lift Truck Demand Survey (2017 to 2021) in Comparison to Market Growth Forecasts (2022 to 2032)
International trade has changed drastically over the past few years and this has driven demand for warehousing and material handling as well. This is anticipated to drive demand for lift trucks and other material handling equipment as they are crucial to warehousing operations.
Expansion of the e-Commerce industry has crucially contributed to the heightened demand for warehousing equipment, which is expected to follow a similar trend throughout the forecast period.
Technological advancements and integration of automation in material handling equipment are also anticipated to favor lift trucks market potential. Increasing construction activity, rising penetration of automation, and rapid industrialization across the world are other factors that influence the lift trucks market growth over the years to come.
The rising focus on sustainability is expected to bolster demand for battery-powered lift trucks and electric forklifts throughout the forecast period. Sales of lift trucks are anticipated to increase at a CAGR of 6.9% through 2032.
What’s Augmenting Lift Trucks Market Growth?
“Rising Demand for Warehousing Facilities across the World”
The e-Commerce and online shopping trend has experienced a major boom over the past few years and this has substantially increased the demand for warehousing and warehousing equipment.
Emerging SMEs have also contributed to increasing demand for warehousing and this has also led to an increased warehouse construction activity across the world.
Loading and unloading activities are high in construction and warehouse industries and hence increase in them is projected to propel lift truck shipments across the world over the coming years.
“Rising Need for Automation to Push Lift Truck Manufacturers towards Innovations”
Automation has been a popular trend across the world in recent times and is expected to gain further prominence across the forecast period. The rising popularity of the Industry 4.0 trend has also given rise to different types of automated forklifts.
Electric pallet stackers, hydraulic lift trucks, side loader forklifts, and pallet scissor lifts are some industrial equipment that are expected to see major changes owing to the increasing penetration of the automation trend.
Lift truck vendors are expected to focus on the development and launch of new industrial and material handling equipment with automated capabilities to advance their revenue generation capacity and meet the increasing demand.
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How Lucrative is the Lift Trucks Market for New Companies?
“Start-ups Can Disrupt the Market with Innovative Solutions”
- In August 2021, Third Wave Automation, a California-based start-up founded in 2018, raised US$ 40 million in a Series B round to bring its autonomous forklifts to warehouses. The round was led by Norwest Venture Partners.
- In January 2022, Vecna Robotics, a Massachusetts-based company focused on automating forklifts and pallet lift trucks, raised US$ 65 million in a Series C funding round led by Tiger Global Management.
Upcoming market players are raising funds to advance their research and development capabilities and also fast-track the launch of innovative automated material handling equipment. New market entrants can also focus on forming strategic partnerships to advance their business scope.
Electric order pickers, electric pallet lifts, and battery-operated lift trucks are products that new companies are expected to focus on more over the coming years.
Which Regions are Opportune Markets for Lift Truck Suppliers?
“Europe & Asia Pacific to Provide Highly Rewarding Business Opportunities”
The market for lift trucks in Europe accounts for a revenue total of US$ 17.66 billion in 2022 and holds a significant market share of 36.4% in the global landscape.
Increasing establishment of warehouses and the flourishing e-Commerce industry in this region are expected to be prominent factors driving demand for lift trucks over the coming years. Increasing industrial activity is also expected to favour lift trucks market growth.
Rising construction activities, supportive government initiatives to promote the manufacturing sector, and rising demand for warehousing are significant prospects that are projected to drive lift truck shipments in the Asia Pacific region over the coming years.
China is expected to be a highly lucrative market for lift truck manufacturers in this region owing to high industrial and manufacturing activity in the country. Currently, the lift trucks market in China holds a major market share of 18.9% and stands at a valuation of US$ 9.17 billion.
Fact.MR, a market research and competitive intelligence provider, has provided an in-depth assessment of regional and segmental market trends, in this latest lift trucks industry survey.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Lift truck manufacturers are expected to focus on diversifying their product portfolio through various strategies. Lift truck companies are also projected to eye mergers, acquisitions, and collaborations to increase their market presence.
- In November 2021, Wolter Group LLC, an industrial equipment and solutions provider, announced the acquisition of A D Lift Truck. This acquisition extends Wolter’s line of gas and electric forklifts as A D Lift Truck is a family-owned material handling and forklift company.
- In January 2020, the merger of two forklift divisions of Toyota Material Handling was completed. This merger combined Toyota Material Handling USA (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM) to create a more unified and better customer experience for its clients.
Key Segments Covered in Lift Trucks Industry Research
-
by Type :
- Counterbalance
- Reach
-
by Class :
- Electric Motor Rider Trucks
- Electric Motor Narrow Aisle Trucks
- Electric Motor Pedestrian Trucks
- Internal Combustion Engine Trucks with Cushion Tyres
- Internal Combustion Engine Trucks with Pneumatic Tyres
- Electric And Internal Combustion Engine Tractors
- Rough Terrain Forklift Trucks
-
by Propulsion :
- IC Engine Vehicles
- Petrol
- Diesel
- Others
- Electric Vehicles
- IC Engine Vehicles
-
End-use Industry :
- Mining
- Logistics
- Construction
- Manufacturing
- Agriculture
- Others
-
by Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Background
- 4. Global Market Pricing Analysis
- 5. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032)
- 6. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032), by Class
- 6.1. I - Electric Motor Rider Trucks
- 6.2. II - Electric Motor Narrow Aisle Trucks
- 6.3. III - Electric Motor Pedestrian Trucks
- 6.4. IV - Internal Combustion Engine Trucks with Cushion Tyres
- 6.5. V - Internal Combustion Engine Trucks with Pneumatic Tyres
- 6.6. VI - Electric And Internal Combustion Engine Tractors
- 6.7. VII - Rough Terrain Forklift Trucks
- 7. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032), by Type
- 7.1. Counterbalance
- 7.2. Reach
- 8. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032), by Propulsion
- 8.1. IC Engine Vehicles
- 8.2. Electric Vehicles
- 9. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032), by End-use Industry
- 9.1. Mining
- 9.2. Logistics
- 9.3. Construction
- 9.4. Manufacturing
- 9.5. Agriculture
- 9.6. Others
- 10. Global Market Analysis (2017 to 2021) and Forecast (2022 to 2032), by Region
- 10.1. North America
- 10.2. Europe
- 10.3. East Asia
- 10.4. South Asia
- 10.5. Latin America
- 10.6. Middle East & Africa (MEA)
- 10.7. Oceania
- 11. North America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia Market Analysis and Forecast
- 15. Latin America Market Analysis and Forecast
- 16. Middle East & Africa Market Analysis and Forecast
- 17. Oceania Market Analysis and Forecast
- 18. Global Market Analysis Key Countries
- 19. Competition Landscape
- 20. Competition Analysis
- 20.1. Hyster-Yale Material Handling Inc.
- 20.2. Toyota Industries Corporation
- 20.3. Jungheinrich Group
- 20.4. KION Group AG
- 20.5. Mitsubishi Nichiyu Forklift Corporation
- 21. Appendix
- 22. Definitions of Analytical Frameworks
- 23. Sources and References
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List Of Table
Table 01: Global Market Volume (Units), by Class, 2017 to 2032
Table 02: Global Market Value (US$ Mn), by Class, 2017 to 2032
Table 03: Global Market Volume (Units), by Type, 2017 to 2032
Table 04: Global Market Value (US$ Mn), by Type, 2017 to 2032
Table 05: Global Market Volume (Units), by Propulsion, 2017 to 2032
Table 06: Global Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 07: Global Market Volume (Units), by End-use Industry, 2017 to 2032
Table 08: Global Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 09: Global Market Volume (Units), by Region, 2017 to 2032
Table 10: Global Market Value (US$ Mn), by Region, 2017 to 2032
Table 11: North America Market Volume (Units), by Class, 2017 to 2032
Table 12: North America Market Value (US$ Mn), by Class, 2017 to 2032
Table 13: North America Market Volume (Units), by Type, 2017 to 2032
Table 14: North America Market Value (US$ Mn), by Type, 2017 to 2032
Table 15: North America Market Volume (Units), by Propulsion, 2017 to 2032
Table 16: North America Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 17: North America Market Volume (Units), by End-use Industry, 2017 to 2032
Table 18: North America Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 19: North America Market Volume (Units), by Country, 2017 to 2032
Table 20: North America Market Value (US$ Mn), by Country, 2017 to 2032
Table 21: Europe Market Volume (Units), by Class, 2017 to 2032
Table 22: Europe Market Value (US$ Mn), by Class, 2017 to 2032
Table 23: Europe Market Volume (Units), by Type, 2017 to 2032
Table 24: Europe Market Value (US$ Mn), by Type, 2017 to 2032
Table 25: Europe Market Volume (Units), by Propulsion, 2017 to 2032
Table 26: Europe Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 27: Europe Market Volume (Units), by End-use Industry, 2017 to 2032
Table 28: Europe Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 29: Europe Market Volume (Units), by Country, 2017 to 2032
Table 30: Europe Market Value (US$ Mn), by Country, 2017 to 2032
Table 31: East Asia Market Volume (Units), by Class, 2017 to 2032
Table 32: East Asia Market Value (US$ Mn), by Class, 2017 to 2032
Table 33: East Asia Market Volume (Units), by Type, 2017 to 2032
Table 34: East Asia Market Value (US$ Mn), by Type, 2017 to 2032
Table 35: East Asia Market Volume (Units), by Propulsion, 2017 to 2032
Table 36: East Asia Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 37: East Asia Market Volume (Units), by End-use Industry, 2017 to 2032
Table 38: East Asia Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 39: East Asia Market Volume (Units), by Country, 2017 to 2032
Table 40: East Asia Market Value (US$ Mn), by Country, 2017 to 2032
Table 41: South Asia Market Volume (Units), by Class, 2017 to 2032
Table 42: South Asia Market Value (US$ Mn), by Class, 2017 to 2032
Table 43: South Asia Market Volume (Units), by Type, 2017 to 2032
Table 44: South Asia Market Value (US$ Mn), by Type, 2017 to 2032
Table 45: South Asia Market Volume (Units), by Propulsion, 2017 to 2032
Table 46: South Asia Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 47: South Asia Market Volume (Units), by End-use Industry, 2017 to 2032
Table 48: South Asia Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 49: South Asia Market Volume (Units), by Country, 2017 to 2032
Table 50: South Asia Market Value (US$ Mn), by Country, 2017 to 2032
Table 51: Latin America Market Volume (Units), by Class, 2017 to 2032
Table 52: Latin America Market Value (US$ Mn), by Class, 2017 to 2032
Table 53: Latin America Market Volume (Units), by Type, 2017 to 2032
Table 54: Latin America Market Value (US$ Mn), by Type, 2017 to 2032
Table 55: Latin America Market Volume (Units), by Propulsion, 2017 to 2032
Table 56: Latin America Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 57: Latin America Market Volume (Units), by End-use Industry, 2017 to 2032
Table 58: Latin America Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 59: Latin America Market Volume (Units), by Country, 2017 to 2032
Table 60: Latin America Market Value (US$ Mn), by Country, 2017 to 2032
Table 61: Middle East and Africa Market Volume (Units), by Class, 2017 to 2032
Table 62: Middle East and Africa Market Value (US$ Mn), by Class, 2017 to 2032
Table 63: Middle East and Africa Market Volume (Units), by Type, 2017 to 2032
Table 64: Middle East and Africa Market Value (US$ Mn), by Type, 2017 to 2032
Table 65: Middle East and Africa Market Volume (Units), by Propulsion, 2017 to 2032
Table 66: Middle East and Africa Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 67: Middle East and Africa Market Volume (Units), by End-use Industry, 2017 to 2032
Table 68: Middle East and Africa Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 69: Middle East and Africa Market Volume (Units), by Country, 2017 to 2032
Table 70: Middle East and Africa Market Value (US$ Mn), by Country, 2017 to 2032
Table 71: Oceania Market Volume (Units), by Class, 2017 to 2032
Table 72: Oceania Market Value (US$ Mn), by Class, 2017 to 2032
Table 73: Oceania Market Volume (Units), by Type, 2017 to 2032
Table 74: Oceania Market Value (US$ Mn), by Type, 2017 to 2032
Table 75: Oceania Market Volume (Units), by Propulsion, 2017 to 2032
Table 76: Oceania Market Value (US$ Mn), by Propulsion, 2017 to 2032
Table 77: Oceania Market Volume (Units), by End-use Industry, 2017 to 2032
Table 78: Oceania Market Value (US$ Mn), by End-use Industry, 2017 to 2032
Table 79: Oceania Market Volume (Units), by Country, 2017 to 2032
Table 80: Oceania Market Value (US$ Mn), by Country, 2017 to 2032
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List Of Figures
Fig 01: Global Market Volume (Units), Value (US$ Thousand) and Y-o-Y Growth, 2017 to 2032
Fig 02: Global Absolute $ Historical Market (2017 to 2021) and Absolute $ Opportunity (2022 to 2032), US$ Mn
Fig 03: Global Absolute Historical Volume Market (2017 to 2021) and Absolute Volume Opportunity (2022 to 2032), Units
Fig 04: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2032
Fig 05: Global Market Incremental $ Opportunity (US$ Thousand), 2022 to 2032
Fig 06: Global Market Share, By Class - 2022 to 2032
Fig 07: Global Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 08: Global Market Attractiveness Index, By Class - 2022 to 2032
Fig 09: Global Market Share, By Type - 2022 to 2032
Fig 10: Global Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 11: Global Market Attractiveness Index, By Type - 2022 to 2032
Fig 12: Global Market Share, By Propulsion - 2022 to 2032
Fig 13: Global Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 14: Global Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 15: Global Market Share, By End-use Industry - 2022 to 2032
Fig 16: Global Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 17: Global Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 18: Global Market Share, by Region - 2022 to 2032
Fig 19: Global Market Y-o-Y Growth Projections, by Region - 2022 to 2032
Fig 20: Global Market Attractiveness Index, by Region - 2022 to 2032
Fig 21: North America Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 22: Y-o-Y Growth Comparison of Market: North America Vs North America Countries Vs North America Average
Fig 23: North America Market Share, By Class - 2022 to 2032
Fig 24: North America Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 25: North America Market Attractiveness Index, By Class - 2022 to 2032
Fig 26: North America Market Share, By Type - 2022 to 2032
Fig 27: North America Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 28: North America Market Attractiveness Index, By Type - 2022 to 2032
Fig 29: North America Market Share, By Propulsion - 2022 to 2032
Fig 30: North America Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 31: North America Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 32: North America Market Share, By End-use Industry - 2022 to 2032
Fig 33: North America Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 34: North America Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 35: North America Market Share, By Country - 2022 to 2032
Fig 36: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 37: North America Market Attractiveness Index, By Country - 2022 to 2032
Fig 38: Europe Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 39: Y-o-Y Growth Comparison of Market: Europe Vs Europe Countries Vs Europe Average
Fig 40: Europe Market Share, By Class - 2022 to 2032
Fig 41: Europe Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 42: Europe Market Attractiveness Index, By Class - 2022 to 2032
Fig 43: Europe Market Share, By Type - 2022 to 2032
Fig 44: Europe Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 45: Europe Market Attractiveness Index, By Type - 2022 to 2032
Fig 46: Europe Market Share, By Propulsion - 2022 to 2032
Fig 47: Europe Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 48: Europe Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 49: Europe Market Share, By End-use Industry - 2022 to 2032
Fig 50: Europe Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 51: Europe Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 52: Europe Market Share, By Country - 2022 to 2032
Fig 53: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 54: Europe Market Attractiveness Index, By Country - 2022 to 2032
Fig 55: East Asia Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 56: Y-o-Y Growth Comparison of Market: East Asia Vs East Asia Countries Vs East Asia Average
Fig 57: East Asia Market Share, By Class - 2022 to 2032
Fig 58: East Asia Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 59: East Asia Market Attractiveness Index, By Class - 2022 to 2032
Fig 60: East Asia Market Share, By Type - 2022 to 2032
Fig 61: East Asia Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 62: East Asia Market Attractiveness Index, By Type - 2022 to 2032
Fig 63: East Asia Market Share, By Propulsion - 2022 to 2032
Fig 64: East Asia Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 65: East Asia Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 66: East Asia Market Share, By End-use Industry - 2022 to 2032
Fig 67: East Asia Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 68: East Asia Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 69: East Asia Market Share, By Country - 2022 to 2032
Fig 70: East Asia Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 71: East Asia Market Attractiveness Index, By Country - 2022 to 2032
Fig 72: South Asia Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 73: Y-o-Y Growth Comparison of Market: South Asia Vs South Asia Countries Vs South Asia Average
Fig 74: South Asia Market Share, By Class - 2022 to 2032
Fig 75: South Asia Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 76: South Asia Market Attractiveness Index, By Class - 2022 to 2032
Fig 77: South Asia Market Share, By Type - 2022 to 2032
Fig 78: South Asia Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 79: South Asia Market Attractiveness Index, By Type - 2022 to 2032
Fig 80: South Asia Market Share, By Propulsion - 2022 to 2032
Fig 81: South Asia Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 82: South Asia Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 83: South Asia Market Share, By End-use Industry - 2022 to 2032
Fig 84: South Asia Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 85: South Asia Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 86: South Asia Market Share, By Country - 2022 to 2032
Fig 87: South Asia Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 88: South Asia Market Attractiveness Index, By Country - 2022 to 2032
Fig 89: Latin America Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 90: Y-o-Y Growth Comparison of Market: Latin America Vs Latin America Countries Vs Latin America Average
Fig 91: Latin America Market Share, By Class - 2022 to 2032
Fig 92: Latin America Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 93: Latin America Market Attractiveness Index, By Class - 2022 to 2032
Fig 94: Latin America Market Share, By Type - 2022 to 2032
Fig 95: Latin America Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 96: Latin America Market Attractiveness Index, By Type - 2022 to 2032
Fig 97: Latin America Market Share, By Propulsion - 2022 to 2032
Fig 98: Latin America Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 99: Latin America Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 100: Latin America Market Share, By End-use Industry - 2022 to 2032
Fig 101: Latin America Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 102: Latin America Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 103: Latin America Market Share, By Country - 2022 to 2032
Fig 104: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 105: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Fig 106: MEA Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 107: Y-o-Y Growth Comparison of Market: MEA Vs MEA Countries Vs MEA Average
Fig 108: MEA Market Share, By Class - 2022 to 2032
Fig 109: MEA Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 110: MEA Market Attractiveness Index, By Class - 2022 to 2032
Fig 111: MEA Market Share, By Type - 2022 to 2032
Fig 112: MEA Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 113: MEA Market Attractiveness Index, By Type - 2022 to 2032
Fig 114: MEA Market Share, By Propulsion - 2022 to 2032
Fig 115: MEA Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 116: MEA Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 117: MEA Market Share, By End-use Industry - 2022 to 2032
Fig 118: MEA Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 119: MEA Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 120: MEA Market Share, By Country - 2022 to 2032
Fig 121: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 122: MEA Market Attractiveness Index, By Country - 2022 to 2032
Fig 123: Oceania Market Value (US$ Thousand), Volume (Units) Forecast and Analysis, 2017 to 2032
Fig 124: Y-o-Y Growth Comparison of Market: Oceania Vs Oceania Countries Vs Oceania Average
Fig 125: Oceania Market Share, By Class - 2022 to 2032
Fig 126: Oceania Market Y-o-Y Growth Projections, By Class - 2022 to 2032
Fig 127: Oceania Market Attractiveness Index, By Class - 2022 to 2032
Fig 128: Oceania Market Share, By Type - 2022 to 2032
Fig 129: Oceania Market Y-o-Y Growth Projections, By Type - 2022 to 2032
Fig 130: Oceania Market Attractiveness Index, By Type - 2022 to 2032
Fig 131: Oceania Market Share, By Propulsion - 2022 to 2032
Fig 132: Oceania Market Y-o-Y Growth Projections, By Propulsion - 2022 to 2032
Fig 133: Oceania Market Attractiveness Index, By Propulsion - 2022 to 2032
Fig 134: Oceania Market Share, By End-use Industry - 2022 to 2032
Fig 135: Oceania Market Y-o-Y Growth Projections, By End-use Industry - 2022 to 2032
Fig 136: Oceania Market Attractiveness Index, By End-use Industry - 2022 to 2032
Fig 137: Oceania Market Share, By Country - 2022 to 2032
Fig 138: Oceania Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Fig 139: Oceania Market Attractiveness Index, By Country - 2022 to 2032
Fig 140: United States Market share by Class, 2021
Fig 141: United States Market share by Type, 2021
Fig 142: United States Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 143: United States Market Share by End-use Industry, 2021
Fig 144: Canada Market share by Class, 2021
Fig 145: Canada Market share by Type, 2021
Fig 146: Canada Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 147: Canada Market Share by End-use Industry, 2021
Fig 148: Germany Market share by Class, 2021
Fig 149: Germany Market share by Type, 2021
Fig 150: Germany Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 151: Germany Market Share by End-use Industry, 2021
Fig 152: United Kingdom Market share by Class, 2021
Fig 153: United Kingdom Market share by Type, 2021
Fig 154: United Kingdom Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 155: United Kingdom Market Share by End-use Industry, 2021
Fig 156: France Market share by Class, 2021
Fig 157: France Market share by Type, 2021
Fig 158: France Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 159: France Market Share by End-use Industry, 2021
Fig 160: Russia Market share by Class, 2021
Fig 161: Russia Market share by Type, 2021
Fig 162: Russia Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 163: Russia Market Share by End-use Industry, 2021
Fig 164: Spain Market share by Class, 2021
Fig 165: Spain Market share by Type, 2021
Fig 166: Spain Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 167: Spain Market Share by End-use Industry, 2021
Fig 168: Italy Market share by Class, 2021
Fig 169: Italy Market share by Type, 2021
Fig 170: Italy Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 171: Italy Market Share by End-use Industry, 2021
Fig 172: China Market share by Class, 2021
Fig 173: China Market share by Type, 2021
Fig 174: China Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 175: China Market Share by End-use Industry, 2021
Fig 176: Japan Market share by Class, 2021
Fig 177: Japan Market share by Type, 2021
Fig 178: Japan Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 179: Japan Market Share by End-use Industry, 2021
Fig 180: South Korea Market share by Class, 2021
Fig 181: South Korea Market share by Type, 2021
Fig 182: South Korea Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 183: South Korea Market Share by End-use Industry, 2021
Fig 184: India Market share by Class, 2021
Fig 185: India Market share by Type, 2021
Fig 186: India Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 187: India Market Share by End-use Industry, 2021
Fig 188: Singapore Market share by Class, 2021
Fig 189: Singapore Market share by Type, 2021
Fig 190: Singapore Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 191: Singapore Market Share by End-use Industry, 2021
Fig 192: Indonesia Market share by Class, 2021
Fig 193: Indonesia Market share by Type, 2021
Fig 194: Indonesia Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 195: Indonesia Market Share by End-use Industry, 2021
Fig 196: Thailand Market share by Class, 2021
Fig 197: Thailand Market share by Type, 2021
Fig 198: Thailand Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 199: Thailand Market Share by End-use Industry, 2021
Fig 200: Brazil Market share by Class, 2021
Fig 201: Brazil Market share by Type, 2021
Fig 202: Brazil Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 203: Brazil Market Share by End-use Industry, 2021
Fig 204: Mexico Market share by Class, 2021
Fig 205: Mexico Market share by Type, 2021
Fig 206: Mexico Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 207: Mexico Market Share by End-use Industry, 2021
Fig 208: Turkey Market share by Class, 2021
Fig 209: Turkey Market share by Type, 2021
Fig 210: Turkey Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 211: Turkey Market Share by End-use Industry, 2021
Fig 212: GCC Countries Market share by Class, 2021
Fig 213: GCC Countries Market share by Type, 2021
Fig 214: GCC Countries Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 215: GCC Countries Market Share by End-use Industry, 2021
Fig 216: South Africa Market share by Class, 2021
Fig 217: South Africa Market share by Type, 2021
Fig 218: South Africa Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 219: South Africa Market Share by End-use Industry, 2021
Fig 220: Australia Market share by Class, 2021
Fig 221: Australia Market share by Type, 2021
Fig 222: Australia Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 223: Australia Market Share by End-use Industry, 2021
Fig 224: New Zealand Market share by Class, 2021
Fig 225: New Zealand Market share by Type, 2021
Fig 226: New Zealand Market Value (US$ Mn) and Forecast 2022 to 2032
Fig 227: New Zealand Market Share by End-use Industry, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the global lift trucks market at present?
As of 2022, the global lift trucks market stands at US$ 48.52 billion.
What valuation will the lift trucks market attain by 2032?
The global lift trucks market is expected to reach US$ 94.56 billion by 2032.
At what CAGR is the lift trucks market expected to rise?
Global demand for lift trucks is predicted to increase at 6.9% CAGR through 2032.
What is North America lift trucks market value?
The North America lift trucks market accounts for a valuation of US$ 11.04 billion.
Lift Trucks Market