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 Countries (Mexico, Chile, Brazil, Argentina and Rest of Latin America) and Competitive Landscape
Product Code: ETC054819 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Industrial Vehicles Market is likely to witness growth over the coming years. The rise in globalization and industrialization coupled with increased foreign trade of bulk commodities has given rise to the industrial vehicles market in Latin America. The growth in cargo transport through industrial vehicles by marine, airways and roadways has gained a massive pace in this region as it is the most likely option. Further, rising e-commerce businesses have necessitated the industrial vehicles market. Moreover, advancement in information and communication technology has introduced various applications for the growth of the industrial vehicles market in Latin America. However, the Covid-19 pandemic is affecting the economy in different ways such as directly upsetting production and demand, generating supply chain disruption, and reducing the demand for the industrial vehicles market in Latin America.
According to 6Wresearch, Latin America Industrial Vehicles Market size is anticipated to register growth during 2020-26. Latin America regions such as Brazil, Mexico, Argentina and the Rest of Latin America are key contributors to the industrial vehicles market. The increase in trade at seaports in the region is fueling the growth of the industrial vehicles market in Latin America. Further, at seaports, the industrial vehicles are used for loading & unloading purposes and material handling processes. Furthermore, the rising cargo traffic at the ports, thereby, raises the demand for forklift trucks. Argentina has a significantly large number of internet users, which has fueled the growth of the e-commerce sector in the country. Moreover, numerous e-commerce giants are seeking to enlarge their business in the country. The progress of the e-commerce sector in Argentina is thereby fueling the growth of the industrial vehicles market. Additionally, government regulations and policies for the advancement of industrial vehicles with high performance owing to the growing need for fuel efficiency and green technology-based vehicles
Based on product type, Latin America is bifurcated 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 the global industrial vehicles market due to better acceleration, lift speeds and lower maintenance costs.
Latin America Industrial Vehicles Market report thoroughly covers the market by product type, drive type, application and countries including Brazil, Mexico, Argentina, Chile and the rest of Latin America. The industrial vehicles market outlook report provides an unbiased and detailed analysis of the on-going 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. Latin America Industrial Vehicles Overview |
3.1. Latin America Industrial Vehicles Revenues, 2019 & 2026F |
3.2. Latin America Industrial Vehicles - Industry Life Cycle |
3.3. Latin America Industrial Vehicles - Porter's Five Forces |
3.4. Latin America Industrial Vehicles Revenue Share, By Drive Type, 2019 & 2026F |
3.5. Latin America Industrial Vehicles Revenue Share, By Product Type, 2019 & 2026F |
3.6. Latin America Industrial Vehicles Revenue Share, By Application, 2019 & 2026F |
3.7. Latin America Industrial Vehicles Revenue Share, By Countries, 2019 & 2026F |
4. Latin America Industrial Vehicles Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Latin America Industrial Vehicles Trends |
6. Latin America Industrial Vehicles, By Drive Type |
6.1. Latin America Industrial Vehicles, By Drive Type |
6.1.1. Overview and Analysis |
6.1.2. Latin America Industrial Vehicles Revenues, By Internal Combustion Engine, 2016 - 2026F |
6.1.3. Latin America Industrial Vehicles Revenues, By Battery-operated, 2016 - 2026F |
6.1.4. Latin America Industrial Vehicles Revenues, By Gas-powered, 2016 - 2026F |
7. Latin America Industrial Vehicles, By Product Type |
7.1. Latin America Industrial Vehicles, By Product Type |
7.1.1. Overview and Analysis |
7.1.2. Latin America Industrial Vehicles Revenues, By Forklift, 2016 - 2026F |
7.1.3. Latin America Industrial Vehicles Revenues, By Aisle Truck, 2016 - 2026F |
7.1.4. Latin America Industrial Vehicles Revenues, By Tow Tractor, 2016 - 2026F |
7.1.5. Latin America Industrial Vehicles Revenues, By Container Handler, 2016 - 2026F |
8. Latin America Industrial Vehicles, By Application |
8.1. Latin America Industrial Vehicles, By Application |
8.1.1. Overview and Analysis |
8.1.2. Latin America Industrial Vehicles Revenues, By Industrial, 2016 - 2026F |
8.1.3. Latin America Industrial Vehicles Revenues, By Cargo, 2016 - 2026F |
10. Chile Industrial Vehicles |
10.1. Chile Industrial Vehicles, By Drive Type |
10.2. Chile Industrial Vehicles, By Product Type |
10.3. Chile Industrial Vehicles, By Application |
10.4. Chile Industrial Vehicles, By Countries |
11. Argentina Industrial Vehicles |
11.1. Argentina Industrial Vehicles, By Drive Type |
11.2. Argentina Industrial Vehicles, By Product Type |
11.3. Argentina Industrial Vehicles, By Application |
11.4. Argentina Industrial Vehicles, By Countries |
12. Brazil Industrial Vehicles |
12.1. Brazil Industrial Vehicles, By Drive Type |
12.2. Brazil Industrial Vehicles, By Product Type |
12.3. Brazil Industrial Vehicles, By Application |
12.4. Brazil Industrial Vehicles, By Countries |
13. Mexico Industrial Vehicles |
13.1. Mexico Industrial Vehicles, By Drive Type |
13.2. Mexico Industrial Vehicles, By Product Type |
13.3. Mexico Industrial Vehicles, By Application |
13.4. Mexico Industrial Vehicles, By Countries |
14. Rest of Latin America Industrial Vehicles |
14.1. Rest of Latin America Industrial Vehicles Overview |
15. Latin America Industrial Vehicles Import-Export Trade Statistics |
15.1. Latin America Industrial Vehicles Export to Major Countries |
15.2. Latin America Industrial Vehicles Imports from Major Countries |
16. Latin America Industrial Vehicles Key Performance Indicators |
17. Latin America Industrial Vehicles - Opportunity Assessment |
17.1. Latin America Industrial Vehicles Opportunity Assessment, By Drive Type, 2019 & 2026F |
17.2. Latin America Industrial Vehicles Opportunity Assessment, By Product Type, 2019 & 2026F |
18. Latin America Industrial Vehicles - Competitive Landscape |
18.1. Latin America Industrial Vehicles Revenue Share, By Companies, 2019 |
18.2. Latin America Industrial Vehicles Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |