PORTLAND, OREGAON, UNITED STATES, June 25, 2024 /EINPresswire.com/ -- North America Forklift Truck Market Size, Share, Competitive Landscape and Trend Analysis Report by Power Source (IC Engine Powered and Electric Powered), Class (Class 1, Class 2, Class 3, Class 4, Class 5 and Others), and End Use (Retail & Wholesale, Logistics, Automotive, Food Industry and Others): Regional Opportunity Analysis and Industry Forecast,2023-2032.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ ๐จ๐ซ๐ค๐ฅ๐ข๐๐ญ ๐๐ซ๐ฎ๐๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ (๐๐๐๐-๐๐๐๐) :
The North America forklift truck market size was valued at $12.15 billion in 2022, and is projected to reach $27.81 billion by 2032, registering a CAGR of 8.9% from 2023 to 2032.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/31009
๐๐ก๐ ๐ซ๐๐ญ๐๐ข๐ฅ ๐๐ง๐ ๐ฐ๐ก๐จ๐ฅ๐๐ฌ๐๐ฅ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on end use, the retail and wholesale segment accounted for the largest share in 2022, contributing for nearly two-fifths of the North America Forklift Truck Market revenue, and is estimated to maintain its leadership status throughout the forecast period. This growth is due to the fact that U.S. Department of Agriculture announced in December 2021, that the retail and wholesale industry has changed significantly over the past two decades (2000-2020), as warehouse club stores, drugstores, and other nontraditional food stores have increased their shares of food sales. In addition, market players have also been adopting different strategies to expand throughout the world.
๐๐ก๐ ๐๐ฅ๐๐ฌ๐ฌ ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on class, the class 4 segment held the highest market share in 2022, accounting for nearly one-third of the North America Forklift Truck Market revenue and is estimated to maintain its leadership status throughout the forecast period. This is due to the fact that growth of this segment is driven by advantages such as minimization of the probability of product/equipment damage, efficient productivity, reduction of workplace accidents, and traffic management in warehouses. These forklift trucks are designed for outdoor use on rough and uneven surfaces, making them ideal for material handling tasks in construction sites, lumber yards, and other outdoor industrial settings.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/north-america-forklift-truck-market/purchase-options
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ฐ๐๐ซ๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on power source, the electric powered segment held the highest market share in 2022, accounting for more than three-fifths of the North America Forklift Truck Market revenue and is estimated to maintain its leadership status throughout the forecast period. This is due to the fact that Top players operating in the North America forklift truck market are partnering for the development of electric-powered versions of forklifts. Moreover, manufacturers in the region focus on the development of forklift trucks with advanced battery technology to improve energy efficiency and increase safety.
๐๐๐๐๐-๐๐ ๐๐๐ง๐๐๐ฆ๐ข๐ ๐๐ฆ๐ฉ๐๐๐ญ :
With the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries around the globe leading the World Health Organization (WHO) to declare it a public health emergency.
The global impacts of the coronavirus disease (COVID-19) have significantly affected the automotive industry, resulting in reduced production and sales.
Here are apprehensions of extension to the lockdown period that could further rupture the production activity across all sectors including the automotive industry. Such factors have impacted the market for forklift trucks.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/31009
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Crown Equipment Corporation
Hyster-Yale Material Handling, Inc.
Kion Group AG
Komatsu Ltd.
Mitsubishi Logisnext Co., Ltd.
Toyota Industries Corporation
Caterpillar Inc.
CLARK
Vallee
Taylor Group of Companies.
The report provides a detailed analysis of these key players of the North America Forklift Truck Market. These players have adopted different strategies such as partnership, acquisition, expansion, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
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https://www.alliedmarketresearch.com/forklift-truck-market
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https://www.alliedmarketresearch.com/hydrogen-fuel-cell-truck-market-A74607
David Correa
Allied Market Research
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