The U.S. forklift battery market was valued at $822.2 million in 2019, and is projected to reach $1,306.6 million by 2027, growing at a CAGR of 7.1% from 2020 to 2027. Forklift battery is used to power the electric forklifts for proper material handling in various applications, including warehouses, manufacturing, construction, and others. Forklift batteries …
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