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Driving Forces: Influence of Infrastructure Development and Logistics Expansion on the Global Heavy Duty Trucks MarketRockville , Dec. 12, 2023 (GLOBE NEWSWIRE) Fact.MR, a market research and competitive intelligence provider, in its newly published research report, reveals that the global Heavy Duty Trucks Market is estimated at US$ 35 billion in 2020 and expected to represent an incremental opportunity surpassing US$ 56.1 Billion across forecast period. The need for heavy duty trucks in rur ....
The forklift trucks market size is estimated to grow by 357 thousand units from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 4.32% during the forecast period. However, the growth momentum will progress. The key factor driving the growth of the global forklift truck market is the rapid growth in the construction sector. Over the last few years, the growth in global construction activity has fostered the growth of the global forklift trucks market. Advanced ec ....