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Forklifts Global Report 2015

  • February 2015
  • -
  • TBRC Business Research
  • -
  • 60 pages

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The Global Forklifts market grew from $16.6 billion in 2010 to $20.8 billion in 2014, a CAGR of 5.8%. The demand for new forklifts is driven by industrial growth in emerging countries and replacement demand from developed countries.
The Global Forklift market is highly concentrated and is dominated by four major companies- Toyota Industries Corp, Kion Group, Jungheinrich and Hyster-Yale who together account for approximately 60% of the global market.

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