• / Free eNewsletters & Magazine
  • / My Account
Home>India Forklift Market Outlook, 2022 - Research and Markets

India Forklift Market Outlook, 2022 - Research and Markets

India Forklift Market Outlook, 2022 - Research and Markets

10/06/2017

India Forklift Market Outlook, 2022 - Research and Markets

The "India Forklift Market Outlook, 2022" report has been added to Research and Markets' offering.

In the last few years, the India Forklift Market has shown optimistic growth in terms of value as well as volume. Top international players have started setting their base in India which has resulted in the availability of new technology, product designs and new products. India forklifts have a wide acceptance in Industries, Ports and warehousing sectors.

There is a new emerging category of battery operated electric forklift gaining momentum in forklift industry. Electric forklifts are now available with many special attachments for specific applications with lower cost of ownership. Customers now prefer electric forklifts over diesel forklifts. Products are now designed to be more reliable, efficient and service friendly.

According to this report "India Forklift Market Outlook, 2022" Godrej & Boyce manufacturing company limited, KION India private limited (Voltas), Toyota material handling India private Limited and Action Construction Equipment private limited are the top of the chart with more than 78% market share of the overall India forklift market and CAGR is anticipated to increase by more than 13%.

Key Categories:

1. India Material Handling Equipment Market Outlook

2. India Forklift Market Outlook

©2017 Morningstar Advisor. All right reserved.