Forklift Market Size Worth USD 141.32 Billion by 2032
The global forklift market is experiencing significant growth as industries worldwide accelerate their shift toward automation, electric vehicles, and warehouse modernization. According to MarketsandMarkets™, the forklift market is projected to grow from USD 91.2 billion in 2025 to USD 141.3 billion by 2032, registering a CAGR of 6.5% during the forecast period.
The demand is largely driven by...
Forklift Market Size, Share & Growth | Industry Report 2032
The forklift market is undergoing rapid transformation, fueled by the growth of e-commerce, logistics, and warehouse automation. Modern operations increasingly rely on electric forklifts, lithium-ion forklift batteries, and warehouse forklift solutions to boost productivity and reduce operational costs.
Market Growth Drivers:The adoption of electric forklifts is increasing due to energy efficiency,...
Forklift Market Poised to Surge 47% by 2030: How Electric Powertrains and E-Commerce Are Revolutionizing Material Handling
The global warehouse floor is undergoing a silent revolution—and it’s worth $125.4 billion.
While supply chains grab headlines for disruptions, a more transformative shift is happening in warehouses, distribution centers, and manufacturing facilities worldwide. The global forklift market is accelerating at breakneck speed, projected to rocket from $85.2 billion in 2024 to a staggering $125.4...
Forklift Market Size & Share Forecast 2027
The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period.
The market is expected to witness growth due to major factors such as rising demand for sustainable intralogistics, rapid growth in the e-commerce and warehousing sector, and increasing demand for lean & automated warehouses to increase operational...
Industrial Counterweights Market to 2026: Industrial automation is fueling demand for counterweights
New Revenue Pockets:
The industrial counterweights market is expected to grow from an estimated USD 6.7 million in 2021 to USD 8.5 million by 2026, at a CAGR of 4.5% during the forecast period. Cast iron, followed by carbon steel, is widely used in the manufacturing of industrial counterweights. Increasing demand from logistics in industrial environment are expected to offer lucrative opportunities...
Industrial Counterweights Market Report 2021-2026 | Size, Share, Trends, Analysis, Revenue, Competitive Landscape, Forecast
According to the new market research report “Industrial Counterweights Market by Type (Swing Counterweight, Fixed Counterweight), Material (Steel & Iron, Concrete), Application (Elevators, Cranes, Forklift, Excavators, Lifts, Grinding Wheels), End User, and Region-Global forecast to 2026″, size will grow to USD 8.5 billion by 2026 (forecast year) from USD 6.7 billion in 2021 (estimated...
Forklift Market by Application, Tonnage, Class and Region – Global Forecast to 2021
The global Forklift Market is projected to grow at a CAGR of 1.93%, from USD 16.00 billion in 2016 to USD 17.61 billion by 2021. The focus on fuel economy to meet stringent emission norms coupled with the rising demand for electric forklift is projected to drive the market for battery-operated forklift market. The growing need for warehouses to support hub and spoke model in various sectors, such as...