The market size for self-propelled trucks fitted with lifting or handling equipment, non-powered by an electric motor in Denmark, showed a peak at 72.592 million euros in 2015. By 2023, the market value stood at 38.092 million euros, indicating a consistent downward trend over time. A substantial decline was noted from 2018 onwards, with minor year-on-year variations in the subsequent years.
Future trends to watch for include:
- Innovations in manual handling equipment which may offer efficiency and cost benefits compared to electric alternatives.
- Potential changes in regulatory frameworks aiming to boost sustainability which could impact market dynamics.
- Overall economic conditions affecting capital expenditure in manufacturing and logistics sectors.