Global Electric Stacker Truck Market Growth 2023-2029

Global Electric Stacker Truck Market Growth 2023-2029

A Electric forklift (also called lift truck, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark, which made transmissions, and Yale & Towne Manufacturing, which made hoists. Since World War II, the use and development of the forklift truck have greatly expanded worldwide. Forklifts have become an indispensable piece of equipment in manufacturing and warehousing.

LPI (LP Information)' newest research report, the “Electric Stacker Truck Industry Forecast” looks at past sales and reviews total world Electric Stacker Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Stacker Truck sales for 2023 through 2029. With Electric Stacker Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Stacker Truck industry.

This Insight Report provides a comprehensive analysis of the global Electric Stacker Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Stacker Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Stacker Truck market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Stacker Truck and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Stacker Truck.

The global Electric Stacker Truck market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Key driving factors identified in the global forklift truck market include expansion of warehouse space globally, growing e-commerce business across the globe, strong demand for forklift truck replacement in developed markets, and bulk investments in purchase of low-cost forklift trucks in emerging markets.With China currently having a prominent share in the manufacturing sector demand for the automated vehicles in the region is significant and the market is projected to rise at a considerable rate. Asia Pacific region holds a major share of the segment followed by Europe regional market.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Stacker Truck market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Counterbalance
Warehouse

Segmentation by application
Food and Beverages Industries
Consumer Goods Industries
E-Commerce Industries
Retail Industries

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Crown Equipment Company
Mitsubishi Heavy Industries
Hangcha Group Company
Anhui Heli
JugHeinrich
KION Group
Komatsu
Liugong
Toyota industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Stacker Truck market?

What factors are driving Electric Stacker Truck market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Stacker Truck market opportunities vary by end market size?

How does Electric Stacker Truck break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.