The sales forecast for industrial trucks, tractors, mobile straddle carriers, cranes, and automatic stacking machines in the US shows a slight decline from approximately $6.61 billion in 2024 to $6.56 billion by 2028. Compared to 2023, the 2024 forecast represents an initial stabilization, which transitions into a gradual decrease over the subsequent years. Year-on-year, the values suggest minimal fluctuations, with a steady downward trajectory observed. Over the five years from 2024 to 2028, the compounded annual growth rate (CAGR) reflects an average annual decline, indicating a potential market contraction.

Future trends to watch for:

The impact of technological advancements and automation on equipment demand.
Increasing adoption of sustainable practices and green technology that may alter market needs.
Geopolitical and economic factors potentially affecting infrastructure and construction sectors.