$19.2 Billion Industrial Trucks Worldwide Industry to 2027 - Impact Analysis of COVID-19 - ResearchAndMarkets.com
Amid the COVID-19 crisis, the global market for Industrial Trucks estimated at US$19.2 Billion in the year 2020, is projected to reach a revised size of US$28.4 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.
- Amid the COVID-19 crisis, the global market for Industrial Trucks estimated at US$19.2 Billion in the year 2020, is projected to reach a revised size of US$28.4 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.
- Counterbalanced Lift Truck, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$6.4 Billion by the end of the analysis period.
- The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 9.4% CAGR
The Industrial Trucks market in the U.S. is estimated at US$5.2 Billion in the year 2020. - China, the world`s second largest economy, is forecast to reach a projected market size of US$6.3 Billion by the year 2027 trailing a CAGR of 9.4% over the analysis period 2020 to 2027.