U.S. Lift Truck Market Report examines the lift truck industry with a detailed analysis of how the U.S. market is positioned within the global industry as a whole. For this report, the U.S. lift truck industry is broken down into the following seven product classes:
- Electric Motor Rider Trucks
- Electric Motor Narrow Aisle Trucks
- Electric Motor Hand Trucks
- Internal Combustion Engine Trucks (Cushion Tires)
- Internal Combustion Engine Trucks (Pneumatic Tires)
- Electric and Internal Combustion Engine Tractors
- Rough Terrain Forklift Trucks
As a foundation for a significant portion of logistics operations, many industries utilize and benefit from the lift truck industry. These industries include, but are not limited to, agribusiness, construction, defense/military, food, forestry/timber, fuel/oil, material handling, manufacturing, mining/exploration, stevedoring/ports, transport/supply and warehouse/storage.
Market size and growth is provided for the market in total, by region and by product class.
U.S. Lift Truck Market provides detailed information on various lift truck technologies, including detailed descriptions, significant manufacturers, product names features and benefits, and end use applications. Key trends that will impact the industry are identified and discussed. The report profiles 15 leading manufacturers of lift trucks and additional suppliers to the industry.
Globally, sales of lift truck equipment and accessories exceeded $23 billion in 2012 and are forecast to reach just over $23.9 billion in 2013, an increase of 2.6%. The European and Asian markets dominateglobal lift truck sales, accounting for 36.5% and 36.2% of global sales respectively,followed by the U.S., which holds a 16.2% market share.
The report contains more than 30 detailed tables and charts summarizing key information such as sales, key players, market share and growth.
U.S. Lift Truck Market presents a detailed look at market size and growth potential, process developments, competitive opportunities, economic implications and market initiatives that will impact theindustry. The report identifies, discusses and analyzes those factors and reviews key market and industry segments in the North American, European and other world markets.
As the U.S. economy steadily makes improvements, lift truck industry growth is expected to grow along with it. A new key industry growth area examined by the report is green technology, with an increasing level of interest in the use of fuel cells.