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Global forklift truck market explored in latest research

Automotive and Transportation Market Research

The global forklift truck market is projected to reach USD 56.8 billion by 2024.

According to Goldstein Research, rising e-commerce businesses have necessitated the larger logistic sites and more proficient logistic operations have significantly provoked the demand for automated and intelligent forklift trucks. Global forklift truck market Make an Inquiry about this news segmentation includes fuel types such diesel, gasoline, electric/hybrid.

Moreover, manufacturers of materials handling equipment are aiming towards the advancement of equipment with high performance owing to growing need for fuel efficiency and green technology based vehicles. According to our analysts“ expansion of logistics industry and economic growth” driven by emerging economies have led to increasing in logistics volume, which will significantly propel the growth of this industry especially in emerging countries.