Market Forecast by Drive Type (battery-owned, gas-powered and internal combustion engine), by Application (industrial and cargo), by Product Type (aisle truck, tow tractor, container handler and forklift), By Regions (Middle East, Europe, Africa, Asia Pacific, North America and Latin America) and Competitive Landscape
Product Code: ETC054818 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Industrial Vehicles Market is projected to witness growth over the upcoming years. Worldwide digitalization has led to rapid expansion of the e-commerce sector and establishment of warehouse management for e-commerce, and various other manufacturing industries which has led to growth of global industrial vehicle market. These vehicles are utilized for the transportation of furnished products, raw materials, and material handling. Further, development of warehouses to support hub and spoke model for different industry is driving the growth of industrial vehicles market. Moreover, there have been technological advancements in the industrial vehicles market such as driverless vehicles which are driving the growth of the market. However, High initial investment in automation is the major restraining factor that could hamper the growth of the market. Maintenance cost and failure of any technology part are the retrain factors that could hinder the growth of the market. The COVID-19 pandemic has had a swift and severe impact on the sales revenue of market leaders, market followers of global Industrial vehicles Market.
According to 6Wresearch, Global Industrial Vehicles Market size is anticipated to register growth during 2020-26. Asia-Pacific region dominates the industrial vehicle market owing to rapid industrialization and increase in the establishing warehouses in order to support hub for various industrial sectors anticipates driving Global industrial vehicles market. The industrial vehicles market has now been spread across the globe. Further, owing to economic growth in countries such as Saudi Arabia, Qatar, and the UAE in the Middle East and Africa is boosting the construction industry in the region. This shows a growth in the demand for industrial trucks in the region. Additionally, government initiatives across the globe have increased the demand for the industrial vehicles market.
In terms of product Product Type, the industrial vehicle market is categorized into aisle trucks, forklifts, container handlers, and tow tractors. The container handlers segment is dominating the market due to large material handling, high reliability. Based on the Drive Type, the ICE segment holds the largest share in Global industrial vehicles market due to better acceleration, lift speeds and lower maintenance costs.
Global Industrial Vehicles Market report thoroughly covers the market by verticals, Product Types, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, and key countries. Global industrial vehicles market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Industrial Vehicles Overview |
3.1. Global Industrial Vehicles Revenues, 2019 & 2026F |
3.2. Global Industrial Vehicles - Industry Life Cycle |
3.3. Global Industrial Vehicles - Porter's Five Forces |
3.4. Global Industrial Vehicles Revenue Share, By Drive Type, 2019 & 2026F |
3.5. Global Industrial Vehicles Revenue Share, By Product Type, 2019 & 2026F |
3.6. Global Industrial Vehicles Revenue Share, By Application, 2019 & 2026F |
3.7. Global Industrial Vehicles Revenue Share, By Regions, 2019 & 2026F |
4. Global Industrial Vehicles Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Industrial Vehicles Trends |
6. Global Industrial Vehicles, By Drive Type |
6.1. Global Industrial Vehicles, By Drive Type |
6.1.1. Overview and Analysis |
6.1.2. Global Industrial Vehicles Revenues, By Internal Combustion Engine, 2016 - 2026F |
6.1.3. Global Industrial Vehicles Revenues, By Battery-operated, 2016 - 2026F |
6.1.4. Global Industrial Vehicles Revenues, By Gas-powered, 2016 - 2026F |
7. Global Industrial Vehicles, By Product Type |
7.1. Global Industrial Vehicles, By Product Type |
7.1.1. Overview and Analysis |
7.1.2. Global Industrial Vehicles Revenues, By Forklift, 2016 - 2026F |
7.1.3. Global Industrial Vehicles Revenues, By Aisle Truck, 2016 - 2026F |
7.1.4. Global Industrial Vehicles Revenues, By Tow Tractor, 2016 - 2026F |
7.1.5. Global Industrial Vehicles Revenues, By Container Handler, 2016 - 2026F |
8. Global Industrial Vehicles, By Application |
8.1. Global Industrial Vehicles, By Application |
8.1.1. Overview and Analysis |
8.1.2. Global Industrial Vehicles Revenues, By Industrial, 2016 - 2026F |
8.1.3. Global Industrial Vehicles Revenues, By Cargo, 2016 - 2026F |
10. Latin America Industrial Vehicles |
10.1. Latin America Industrial Vehicles, By Drive Type |
10.2. Latin America Industrial Vehicles, By Product Type |
10.3. Latin America Industrial Vehicles, By Application |
10.4. Latin America Industrial Vehicles, By Countries |
11. North America Industrial Vehicles |
11.1. North America Industrial Vehicles, By Drive Type |
11.2. North America Industrial Vehicles, By Product Type |
11.3. North America Industrial Vehicles, By Application |
11.4. North America Industrial Vehicles, By Countries |
12. Middle East Industrial Vehicles |
12.1. Middle East Industrial Vehicles, By Drive Type |
12.2. Middle East Industrial Vehicles, By Product Type |
12.3. Middle East Industrial Vehicles, By Application |
12.4. Middle East Industrial Vehicles, By Countries |
13. Europe Industrial Vehicles |
13.1. Europe Industrial Vehicles, By Drive Type |
13.2. Europe Industrial Vehicles, By Product Type |
13.3. Europe Industrial Vehicles, By Application |
13.4. Europe Industrial Vehicles, By Countries |
14. Africa Industrial Vehicles |
14.1. Africa Industrial Vehicles, By Drive Type |
14.2. Africa Industrial Vehicles, By Product Type |
14.3. Africa Industrial Vehicles, By Application |
14.4. Africa Industrial Vehicles, By Countries |
15. Asia Pacific Industrial Vehicles |
15.1. Asia Pacific Industrial Vehicles, By Drive Type |
15.2. Asia Pacific Industrial Vehicles, By Product Type |
15.3. Asia Pacific Industrial Vehicles, By Application |
15.4. Asia Pacific Industrial Vehicles, By Countries |
16. Global Industrial Vehicles Key Performance Indicators |
17. Global Industrial Vehicles - Opportunity Assessment |
17.1. Global Industrial Vehicles Opportunity Assessment, By Drive Type, 2019 & 2026F |
17.2. Global Industrial Vehicles Opportunity Assessment, By Product Type, 2019 & 2026F |
18. Global Industrial Vehicles - Competitive Landscape |
18.1. Global Industrial Vehicles Revenue Share, By Companies, 2019 |
18.2. Global Industrial Vehicles Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |