Automated guided forklifts – revolution in logistics industry menafn.com australian to us dollar exchange rate

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(MENAFN Editorial) Rapid industrialization and adoption of smart forklift trucks in logistics industry is fuelling the growth of global forklift truck market all across the globe convert usd to zar. Electric forklift trucks are gaining traction among the end-use industries on the back of their low running cost and low maintenance hkd to usd exchange rate history. In 2016, electric forklifts constituted 23% market share in global forklift trucks market chf to usd chart. Factors such as development of intelligent forklifts are one of the key trends that will aid the growth of automated forklifts market in coming years usd to zar chart. Huge investments for the development of fuel efficient internal combustion engines and to advance longer working time of electric forklifts are expected to boost the growth of global forklift trucks market sgd to usd chart. Global forklift trucks market is estimated to reach USD 56.8 billion by the end 2024, by expanding at a CAGR of 5.7% over the forecast period i.e. 2016-2024.


Asia-pacific region dominates the global forklift trucks market with over 39% of volume share in 2015.

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Global Forklift Trucks Market Outlook 2024 contains detailed overview of the global forklift trucks market in terms of market segmentation by product, by fuel types, by end-users type.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porters five force model and SWOT analysis futures market data. This market report also includes provides competitive outlook of some of the major players of the global forklift trucks market which includes profiling of companies of Toyota Motor Corporation, Mitsubishi Nichiyu Forklift Co usd to myr forecast. Ltd., HeLi Co market futures quotes. Ltd., Kion Group AG, Jungheinrich AG, Anhui Forklift Group Co euro today rate. Ltd., UniCarriers , Hyster-Yale Material Handling, HYTSU Group, Hyundai Heavy Industries etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global forklift trucks market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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