Industrial Vehicles Market worth $73.44 billion by 2030, growing at a CAGR of 4.89% - Exclusive Report by 360iResearch

The "Industrial Vehicles Market by Vehicle Type (Aisle & Forklift Trucks, Automated Guided Vehicles (AGV), Container Handlers), Drive Type (Battery-Operated, Hybrid, ICE), Level of Autonomy, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Industrial Vehicles Market to grow from USD 52.57 billion in 2023 to USD 73.44 billion by 2030, at a CAGR of 4.89%.

Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/industrial-vehicles?utm_source=openpr&utm_medium=referral&utm_campaign=sample

Industrial vehicles refer to machines used in industrial settings to transport, lift, and handle heavy loads, such as containers, raw materials, and finished goods. These vehicles are essential to various industries, including manufacturing, construction, mining, and logistics, and are also known as industrial trucks, material handling equipment, or heavy equipment. They are used to move raw materials and finished goods within the factory and for excavation, material handling, and transportation of construction materials. Increasing demand for materials handling across industries raises the need for efficient and safe industrial vehicles. Additionally, the growth of eCommerce and logistics sectors is increasing the adoption of industrial vehicles. However, the high cost of industrial vehicles hampers the market's growth. Moreover, technological development, such as the introduction of automation and robotic vehicles for industrial purposes, is expected to create lucrative opportunities for industrial vehicles.

The industrial vehicles market shows a highly evolving landscape in the Americas owing to the established industrial sector and increasing application of industrial vehicles in freight & logistics, manufacturing, and warehousing for managing heavy loads of goods. Asia-Pacific holds a significant share with the high regional production capacity of these vehicles, growth in eCommerce, and growing industrialization sector. Some regional governments introduced subsidies and tax incentives for the development of fuel-efficient industrial vehicles and established a research and development (R&D) fund to support the development of next-generation vehicles to support the market growth in the Asia-Pacific. In Europe, the Middle East & Africa (EMEA), government initiatives for eco-friendly industrial vehicles help to reduce carbon emissions, which is expected to increase penetration potential for electric and hybrid industrial vehicles in the region. Expansion of warehouse facilities in the EMEA for several manufacturers and eCommerce businesses is expected to boost the growth of industrial vehicles.

Market Segmentation & Coverage:

This research report categorizes the Industrial Vehicles Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Vehicle Type, market is studied across Aisle & Forklift Trucks, Automated Guided Vehicles (AGV), Container Handlers, Industrial Trailers, Tow Tractors, and Utility & Personnel Carriers Vehicles. The Utility & Personnel Carriers Vehicles is projected to witness significant market share during forecast period.

Based on Drive Type, market is studied across Battery-Operated, Hybrid, and ICE. The Hybrid is projected to witness significant market share during forecast period.

Based on Level of Autonomy, market is studied across Autonomous and Non or Semi-Autonomous. The Non or Semi-Autonomous is projected to witness significant market share during forecast period.

Based on Application, market is studied across Freight & Logistics, Manufacturing, and Warehousing. The Freight & Logistics is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/industrial-vehicles?utm_source=openpr&utm_medium=referral&utm_campaign=inquire

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Industrial Vehicles Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Industrial Vehicles Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Industrial Vehicles Market, highlighting leading vendors and their innovative profiles. These include Action Construction Equipment Limited, Anhui Heli Co., Ltd, CARGOTEC CORPORATION, CLARK MATERIAL HANDLING USA, Combilift, Crown Equipment Corporation, Doosan Bobcat Inc., Genkinger GmbH, Godrej & Boyce Manufacturing Company Limited, HANGCHA Group, Co. Ltd., HUBTEX Mechanical Engineering GmbH & Co. KG, Hyster-Yale Materials Handling, Inc, Hyundai Material Handling Europe, J C Bamford Excavators Ltd., JLG Industries Inc., John Bean Technologies Corporation, Jungheinrich AG, KION GROUP AG, Komatsu, Konecranes, Lonking Machinary Co. Ltd, Manitou BF, SA, Mitsubishi Heavy Industries, Ltd., OMG srl, PA Industrial Equipment, Inc., PALFINGER AG, Stöcklin Logistik AG, Suzhou Pioneer Material Handling Equipment & Technology Co.,Ltd., Toyota Industries Corporation, and V. MARIOTTI SRL.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Industrial Vehicles Market, by Vehicle Type
7. Industrial Vehicles Market, by Drive Type
8. Industrial Vehicles Market, by Level of Autonomy
9. Industrial Vehicles Market, by Application
10. Americas Industrial Vehicles Market
11. Asia-Pacific Industrial Vehicles Market
12. Europe, Middle East & Africa Industrial Vehicles Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Industrial Vehicles Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Industrial Vehicles Market?
3. What is the competitive strategic window for opportunities in the Industrial Vehicles Market?
4. What are the technology trends and regulatory frameworks in the Industrial Vehicles Market?
5. What is the market share of the leading vendors in the Industrial Vehicles Market?
6. What modes and strategic moves are considered suitable for entering the Industrial Vehicles Market?

Read More @ https://www.360iresearch.com/library/intelligence/industrial-vehicles?utm_source=openpr&utm_medium=referral&utm_campaign=analyst

Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

This release was published on openPR.