The Global Pallet Trucks Market is expected to grow by $ 989.50 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period
Global Pallet Trucks Market 2020-2024 The analyst has been monitoring the pallet trucks market and it is poised to grow by $ 989. 50 mn during 2020-2024, progressing at a CAGR of 4% during the forecast period.
New York, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Pallet Trucks Market 2020-2024" - https://www.reportlinker.com/p05096210/?utm_source=GNW
Our report on the pallet trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising need for pallet trucks, increasing demand for packaged food and beverages, and rising growth in e-commerce retail. In addition, the rising need for pallet trucks is anticipated to boost the growth of the market as well.
The pallet trucks market analysis includes the end-user segment and geographical landscapes.
The pallet trucks market is segmented as below:
By End-user
• Automotive industry
• Food and beverage industry
• Retail industry
• Other industries
By Geographical Landscapes
• APAC
• Europe
• North America
• South America
• MEA
This study identifies the increased R&D of new types of batteries as one of the prime reasons driving the pallet trucks market growth during the next few years. Also, the rising popularity of autonomous vehicles and growing innovations in the pallet trucks market will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on pallet trucks market covers the following areas:
• Pallet trucks market sizing
• Pallet trucks market forecast
• Pallet trucks market industry analysis
Read the full report: https://www.reportlinker.com/p05096210/?utm_source=GNW
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