Forklift Truck Market Size, Share, Trend, Analysis, Forecast 2030

The Global Forklift Truck Market is expected to reach USD 129.4 billion by 2030, at a CAGR of 7.45% during the forecast period 2022 to 2030.A forklift truck is a piece of industrial machinery that is powered by electricity or gas and has a metal fork platform attached to the front. The fork platform can be used to carry or store freight, pallets, or machinery while lifting heavy loads. A forklift truck's truck frame serves as the foundation for its lifting and includes wheels, counterweights, a carriage, and a mast.