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 & Growth | Industry Report, 2030
The global forklift market is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period.
The global forklift market observes growth due to growth in e-commerce and warehouse sectors, an increase in demand for warehouse automation, and rising labor costs. Moreover, the rising demand for sustainable material handling equipment...
Forklift Market Size, Share, Trends, Demand, Growth and 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...
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...