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The pallet trucks market is forecasted to grow by USD 1.35 billion during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the pallet trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising need for pallet trucks, increasing demand for packaged food and beverages, and rising growth in e-commerce retail.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The pallet trucks market is segmented as below:
By End-user
- Automotive industry
- Food and beverages industry
- Retail industry
- Others
By Product Type
- Standard
- Quarter
- Silent
- Weighing
- Scissor
By Capacity
- 2000 to 4000 Kg
- Below 2000 Kg
- 4000 to 6000 Kg
- Above 6000 Kg
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the pallet trucks market covers the following areas:
- Pallet Trucks Market sizing
- Pallet Trucks Market forecast
- Pallet Trucks Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Product Type
10 Market Segmentation by Capacity
2000 to 4000 Kg - Market size and forecast 2024-2029
4000 to 6000 Kg - Market size and forecast 2024-2029
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global pallet trucks market: Anhui Heli Co. Ltd., BPR Rico Equipment Inc., Crown Equipment Corp., Godrej and Boyce Manufacturing Co. Ltd., Hangcha Group Co. Ltd., Hyster Yale Materials Handling Inc., Hyundai Heavy Industries Co. Ltd., Jungheinrich Group, KION GROUP AG, Liftek FZC, Lokpal Industries, Manitou BF SA, Nido Machineries Pvt. Ltd., Nilkamal Ltd., Noveltek Industrial Manufacturing Inc., Patel Material Handling Equipment, Presto Lifts Inc., Puma Lift Trucks Pvt. Ltd., Sroka Inc., and The Raymond Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased research and development of new types of batteries."
According to the report, one of the major drivers for this market is the rising need for pallet trucks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anhui Heli Co. Ltd.
- BPR Rico Equipment Inc.
- Crown Equipment Corp.
- Godrej and Boyce Manufacturing Co. Ltd.
- Hangcha Group Co. Ltd.
- Hyster Yale Materials Handling Inc.
- Hyundai Heavy Industries Co. Ltd.
- Jungheinrich Group
- KION GROUP AG
- Liftek FZC
- Lokpal Industries
- Manitou BF SA
- Nido Machineries Pvt. Ltd.
- Nilkamal Ltd.
- Noveltek Industrial Manufacturing Inc.
- Patel Material Handling Equipment
- Presto Lifts Inc.
- Puma Lift Trucks Pvt. Ltd.
- Sroka Inc.
- The Raymond Corp.
