DUBLIN--(BUSINESS WIRE)--The "U.S. Forklift Market Size and Forecast by Type (Internal Combustion, Electric, Automated Guided) by End-Use (Construction Industry, Manufacturing Industry, Freight Handling End-uses) and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
The U.S. Forklift market size to reach USD 11.94 billion by 2025, owing to the rise in the construction, building and infrastructural activities in the country.
The U.S. forklift market is expanding owing to the swift infrastructural development and industrialization, mainly in the industrial, commercial, and housing industry and is expected to grow significantly over the forecast period. The Forklift industry in the U.S. is undergoing constant innovations and technological advancements owing to the rapid advancement of fabrication techniques and high end use of forklifts in the construction industry, which is expected to fuel the forklift market growth over the forecast period.
The electric type forklift trucks segments held the largest share in the market and is expected to grow at a significant rate over the forecast period. The electric type forklift trucks are gaining popularity owing to the employment of several cutting-edge technologies and the ease of use in various end-use applications throughout industries such as construction industry, manufacturing industry, freight handling end-uses which is anticipated to fuel the growth of the forklift industry over the forecast period.
The electric forklift trucks are used for most of the warehouse and indoor applications. They also come in compact sizes and can move standard loads while sustaining the capacity to completely function in small spaces around 11 feet wide. More and more number of industries and companies are nowadays replacing, purchasing and upgrading to electric forklifts as they are more energy-efficient and environmentally friendly.
- Hyster-Yale Material handling Inc.
- Crown Equipment Corporation
- Cat Lift Trucks
- Clark Material Handling
- Toyota Material Handling U.S.A.
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. Forklift Market Trends: Drivers & Opportunities
Chapter 5. Forklift Market, By Type
Chapter 6. Forklift Market Trends, By End-use
Chapter 7. Competitive Landscape
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