Fueling Growth in Industrial Sectors: An Overview of the Booming Industrial Vehicle Market

According to a new report published by Allied Market Research, titled, β€œIndustrial Vehicle Market,” The industrial vehicle market was valued at $45.1 billion in 2021, and is estimated to reach $76.5 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. π—₯π—²π—Ύπ˜‚π—²π˜€π˜ π’πšπ¦π©π₯𝐞 𝐏𝐃𝐅 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/2881 Growing uses of ICE engines in …

Industrial Vehicle Market Share, Growth by Top Company, Region, Applications, Drivers, Trends and Forecast to 2031

Prime determinants of growth A surge in demand for industrial vehicles in various industries, reduction of labor costs in organizations, and production of hydrogen fuel cell forklifts are the major factors that propel the industrial vehicles market growth. However, the increase in safety issues related to forklift trucks and other industrial vehicles, and high initial …