Industrial vehicles are vehicles that are used for different industrial purposes, such as loading, lifting, and movement of loads. For medium-distance movement of loads, powered vehicles such as lift trucks are used where the load is batched in parts in either a container or a pallet. In case of short-distance transport, manual or semi-powered carts are used. These vehicles are only capable of moving one load at a time from one place to another. However, there are multiple load transporters that can move more than one load at a time, from one or more sources to the preferred destination.
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The Asia-Pacific region is estimated to dominate the industrial vehicles market, in terms of value, in 2018, as it comprises some of the fastest developing economies in the world, including China, India, and South Korea. Asia-Pacific market is estimated to be the largest market with a highest market share of the global forklift market by value and volume.
The demand in developing countries such as India and China is expected to rise for industrial vehicle in near future. This has led to an increase in industrial vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Vehicles market by product type, application, key manufacturers and key regions.
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Segmentation by product type:
Segmentation by application:
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,Spain,Middle East & Africa,Egypt,South Africa,Israel,Turkey,GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
Hyster-Yale Materials Handling
Anhui Heli Industrial Vehicle
Hyundai Construction Equipment Europe
Ross Electric Vehicles
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Industrial Vehicles consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Industrial Vehicles market by identifying its various subsegments.
Focuses on the key global Industrial Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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