Global Industrial Vehicle Market Growth 2023-2029

Global Industrial Vehicle Market Growth 2023-2029

Industrial Vehicles were fairly small trucks used for hauling, stacking and unstacking, and moving pallet loads.

They were usually used in warehouses and other places where such work is needed.

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

This Insight Report provides a comprehensive analysis of the global Industrial Vehicle 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 Industrial Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Vehicle 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 Industrial Vehicle.

The global Industrial Vehicle market size is projected to grow from US$ 27010 million in 2022 to US$ 30070 million in 2029; it is expected to grow at a CAGR of 30070 from 2023 to 2029.

Industrial Vehicles were capable of moving loads with their hydraulic "forks"; transporting a load from one location to another.

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

Market Segmentation:

Segmentation by type
Forklifts
Tow Tractors
Aisle Trucks
Container Handlers

Segmentation by application
Warehouses
Factories
Distribution Centers
Others

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.
Toyota Industries
Kion Group
Hyster-Yale Materials Handling
Mitsubishi Nichiyu Forklift
Jungheinrich
Crown Equipment Corporation
Hangcha Group
Konecranes
Clark Material Handling Company
Anhui Heli

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Vehicle market?

What factors are driving Industrial Vehicle market growth, globally and by region?

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

How do Industrial Vehicle market opportunities vary by end market size?

How does Industrial Vehicle 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.