Global Warehouse Vehicles Market Competition, Forecast & Opportunities, 2027 News provided by Share this article Share this article ResearchAndMarkets.com's offering. The Global Warehouse Vehicles Market is anticipated to grow at an impressive CAGR of over 7% during the forecast period, due to rising trend of globalization. Moreover, the increasing demand from the automotive industry is driving the growth of the Global Warehouse Vehicles Market. Based on the type, the market has been segmented into lift truck, narrow aisle trucks, pallet trucks and others. Owing to the high performance, low operational cost and inexpensive maintenance, the lift truck vehicle type acquired the dominant share in 2020 and is anticipated to continue its dominance in the forecast period.