Forklift Trucks Market Size, Share & Industry Analysis, By Type (Class I, Class II, Class III, Class IV, Class V), By Application (Mining, Logistics, Construction, Food & Beverage, Natural Resources, Manufacturing, Others (Agriculture, etc.)) and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Forklift Trucks Market with respect to COVID-19 Business Impact.
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This report focuses on the Forklift Trucks market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Forklift Trucks market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Forklift Trucks Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Forklift Trucks Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Forklift Trucks Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Players like Toyota, Hyster-Yale Materials Handling, Inc., Crown Equipment Corporation are more indulged in R&D activities for Forklift Trucks.
Toyota Material Handling has the highest share in USA owing to its strong customer base and research and development activities and the presence of high manufacturing plants across the country. The company is not only indulged in increasing its sales but is also concerned about the safety of the employees and low operating costs.
For the development of modern Forklift Trucks, Hyster-Yale Materials plays a major role in bringing the connected device technology across the trucking industry. The company is further planning to add a satellite-based global positioning system (GPS) feature to its vision system that will allow the operator to monitor what their Forklift Trucks are doing, where they have been and any faults that have occurred.
The key players are highly focussing on small to medium-sized business buyers, including landscape contractors, mulch suppliers, sod producers and suppliers, residential and commercial contractors, utility contractors, electrical contractors, road building contractors, farms, dairies, and government entities such as public works departments.

List Of key Companies Profiled

  
Toyota Industries Corporation
  
Kion Group AG
  
Hyster-Yale Materials Handling Inc.
  
Hyundai Heavy Industries
  
Mitsubishi Nichiyu Forklift Co., Ltd
  
Jungheinrich AG
  
Hyster-Yale Materials Handling
  
Anhui Forklift Truck
  
Doosan Industrial Vehicle
  
Hangcha Group
  
Komatsu Ltd.
  
Hangcha Group Co. Ltd.
  
Godrej & Boyce Manufacturing

REPORT COVERAGE

This report provides an elaborative analysis of the global forklift trucks market dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the global market, such as mergers & acquisitions, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key retail industry trends, competitive landscape and company profiles.

Report Scope & Segmentation

Segmentation

By Type

  
Class I
  
Class II
  
Class III
  
Class IV
  
Class V

By Application

  
Mining
  
Logistics
  
Construction
  
Food & Beverage
  
Natural Resources
  
Manufacturing
  
Others (Agriculture etc.)

By Geography

  
North America (U.S. and Canada)
  
Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
  
Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
  
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
  
Latin America (Brazil, Mexico, and Rest of Latin America)

INDUSTRY DEVELOPMENT:

July 2019: FLIR Systems launched Brickstream 3D Gen 2 people counting sensors. Brickstream 3D Gen 2 technology is integrated with the retailers analytics software to enhance data accuracy and take intelligent business decisions.

February 2019: Toyota Industries North America has acquired Chicago-based Hoist Lift truck manufacturing in order to build a brand image and develop quality products.
August 2018: Safety standard for low-end high Forklift Trucks was announced by the Industrial Truck and Standards Foundation (ITSDF), ANSI-accredited standards developing an organization.