The forklift is generally used in warehouse and distribution centers for lifting and moving raw materials and goods, and is also known as lifting truck. A forklift can be with powered industrial trucks such as specialty trucks, automated forklift trucks, and others that are used to move and lift materials over a small distance. According to the estimations of Inkwood Research, the global market for forklift trucks will grow at a projected CAGR of 2.17%... Read more
The North America forklift truck market is projected to record growth at CAGR of 1.89% during the projected period, 2020-2028. The increasing applications of forklift truck in the manufacturing facilities, and the increasing exports in the countries of the region like the United States, are the primary factors influencing the growth of the market in the region. The market of the forklift truck in the North American region is analyzed through the regions of Canada and... Read more
The Europe forklift truck market is predicted to grow at a CAGR of 2.30% during the estimated period, 2020-2028. The forklift market in the European region finds its applications mainly in automotive, warehouses, and manufacturing logistic chain. Along with this factor, the market is set to witness considerable growth due to government investments with respect to seaport infrastructure enhancement. The forklift truck market in the European region is analyzed through the geographies of Russia, Poland,... Read more
The market for forklift trucks in the Asia Pacific region is set to record a CAGR of 2.42% during the forecast period of 2020-2028. The market growth is mainly driven by increasing e-commerce business, warehouse space, and technological advancements. The growing e-commerce sales lead to the increasing adoption of forklift trucks to effectively handle the material. In order to study the forklift truck market, the region of Asia Pacific is further segregated into India, China, Japan, South... Read more
Inkwood research projects that the global market for fencing will grow with an anticipated CAGR of 4.18% during the forecast period and will reach revenue of $38025 million by 2027. The base year considered for the market study is 2018 and the forecasted years is from 2019 to 2027. Several purposes of home and its surrounding property can be served by a fence. Factors such as safety, privacy, and landscape enhancement are considered while choosing a... Read more