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  • Australia Forklift Truck Market to Grow at a CAGR of 7.48% (2016-2024)

    Goldstein Research

    Goldstein Research

    (, October 06, 2018 ) Australia forklift truck market is expected to reach USD 2.86 billion by the end of 2024, growing at a CAGR of 7.48% over the forecast period, 2016-2024. Development in e-commerce business and logistics model are major driving factors in the growth of the Australia forklift market.

    Australia Forklift truck market segmentation has been done on the basis of product type, fuel type, end users, and geography. Class I (Electric Motor Rider Truck) accounted for the largest market share in 2016 and is expected to grow at the fastest rate over the forecast period due to its high productivity and cost efficiency. Australia Forklift truck market is dominated by Toyota Motors, having nearly 34% market share. IC engine accounted for 40% market share but battery-electric forklift truck is expected to take over the market share on the back of a sustainable environment.

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    Market Segmentation

    On the basis of our in-depth analysis, Australia Forklift truck Market can be segmented as follows:

    By Product Type

    Class I (Electric Motor Rider Trucks)

    Class II (Electric Motor Narrow Aisle Trucks)

    Class III (Hand Rider Trucks)

    Class IV (IC Engine Trucks, solid/Cushion Tires)

    Class V (IC Engine Trucks, Pneumatic Tires)

    Class VI (Electric and IC Engine Tractors)

    Class VII (Rough Terrain Forklift Trucks)

    By Fuel Type




    By End Users

    Paper Industry

    Ports and Logistics

    Radio Active Waste

    Automobile Industry

    Iron and Steel Industry

    Food and Beverages

    Wood Industry


    On the basis of region

    Northern Australia Forklift Truck Market Analysis, 2016-2024

    Eastern Australia Forklift Truck Market Analysis, 2016-2024

    Western Australia Forklift Truck Market Analysis, 2016-2024

    Southern Australia Forklift Truck Market Analysis, 2016-2024

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    Australia Forklift Truck Market Outlook 2024 contains a detailed overview of the Australia forklift truck market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, fuel type, end users, and countries.

    The Australia Forklift Truck Market Report encompasses the competitive outlook of major players that summarises the business strategies, revenue distribution, product portfolio, financial analysis, R&D activities and investments. The comprehensive analysis of forklift truck market report helps the clients to assess their business strategies as per the competitive environment in the market space.

    Major players of the Australia forklift truck market discussed in the report are Toyota Industries Corporation, Crown, MANITOU, Clark, Linde, Hyster-Yale, Mitsubishi, Jungheinrich AG, Hyundai and Heli Co. Ltd., etc.

    Further, Australia Forklift Truck Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Forklift Truck Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

    Overall, the report represents the Australian forklift truck market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

    About Company

    Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

    Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

    Our market research reports provide in-depth analysis of Australia and regional variations along with competitors overview. Our analysts working on automotive industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients needs and business agenda.

    Browse Similar Report: Electric Forklift Truck Market

    Goldstein Research

    Steve Blade


    Source: EmailWire.Com


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