Global Forklift Truck Market Share by Region: A Comprehensive Analysis

The forklift truck market was estimated at USD 60.68 billion in 2022 and is likely to grow at a CAGR of 10.99% during 2023-2028 to reach USD 115.02 billion in 2028.

A forklift, also known as a forklift truck, is a vehicle with a power-operated forked platform attached to the front that is used to lift and move various materials over short distances.

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