Pallet trucks are commonly seen in warehouses, stockrooms, and other environments where wooden pallets are frequently used.
On the basis of type, the global pallet trucks market is segmented into manual type pallet trucks and electric type pallet trucks. As the growth of electric pallet truck market share, the global average price of Pallet Truck is in the increasing trend, from 271 USD/Unit in 2013 to 288 USD/Unit in 2017.
North America is the largest consumption market of Pallet Truck, with a market share nearly 33.77% in 2017. Europe is the second largest consumption market of Pallet Truck, enjoying market share nearly 30.49% in 2017. Asia Pacific is expected to expand at a significant growth rate over the forecast period due to increasing warehousing operations in China and India.
The Pallet Trucks market was valued at 2310 Million US$ in 2018 and is projected to reach 4570 Million US$ by 2025, at a CAGR of 8.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Pallet Trucks.
This report presents the worldwide Pallet Trucks market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Toyota Industries
Hyster Company
Jungheinrich
STILL
Crown
Noblelift
Ningbo Ruyi
NIULI MACHINER
PR Industrial
Uline
TVH Group
Godrej Material Handling
RICO Manufacturing
Noveltek
Pallet Trucks Breakdown Data by Type
Manual Pallet Truck
Electric Pallet Truck
Pallet Trucks Breakdown Data by Application
Retail Store
Warehousing
Manufacturing Plant
Job Site
Others
Pallet Trucks Production by Region
United States
Europe
China
Japan
Other Regions
Pallet Trucks Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Pallet Trucks status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Pallet Trucks manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Pallet Trucks :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pallet Trucks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Pallet Trucks . Industry analysis & Market Report on Pallet Trucks is a syndicated market report, published as Global Pallet Trucks Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Pallet Trucks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.