Forklift Market Size, Statistics
Forklift Market size exceeded USD 50 billion in 2020 and is expected to grow at over 9% CAGR from 2021 to 2027. The global industry shipments are projected to exceed 2 million units by 2027. A forklift is an industrial vehicle with a pronged device attached that can be lowered or raised for insertion under a load for moving or lifting it.
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