Hand Pallet Truck Market size is expected to reach nearly US$ 4.02 Bn by 2029 with the CAGR of 6.34% during the forecast period. The Global Hand Pallet Truck market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Hand Pallet Truck market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Hand Pallet Truck Market Overview
A hand pallet truck is equipment or machine that facilitates the movement, transportation of materials in warehouses, retail outlets, manufacturing industries and for other uses. With time its market has seen immense growth because of its increased use in various end-use applications. Pallet trucks make work and material handling easy by saving time and delivering commodities more effectively. Hand pallet trucks have a deep history, introduced in 1887 when a pallet truck was used to lift racks to an inch but could not shift at other locations, then a new model was introduced in 1909 and finally, the pallet truck we recognize today was designed in 1920. Hand pallet trucks are available in two types, manual and electric. Manual pallet truck has jack attached to it that is used to move and lift the pallet truck whereas in electric pallet truck a motor is inbuilt that facilitates in moving of pallets and does all other work.Hand Pallet Trucks Market Dynamics
Rapid industrialization, an increasing e-commerce sector, an increase in the purchasing power, modernized & mechanized work methods and a need for smart and efficient material handling that will speed up the rate of work by reducing time are anticipated to boost the market growth of hand pallet trucks. The gaining popularity of hand pallet trucks in various end-use applications such as logistics, warehousing, retailing, and others due to its benefits such as low maintenance cost, reduced pressure on labor, higher efficiency, and easy repair in addition to it, pallet trucks come with accessories such as a weighing scale that displays the weight of a pallet on the screen and can print specifications through a connected printer which accelerated further market growth. Moreover, technological advancements for the development of hand pallet trucks such as hydraulic and power integration are anticipated to drive the market. Besides this globalization of business and the need for conducting work more efficiently to meet the industrial target, pallet trucks can stack commodities well on top of the other more effectively because of which its use in the manufacturing industry is slightly high. However, certain factors such as the sophistication of using electrically powered pallet trucks that require more expertise combined with technical failure are anticipated to hamper the market growth.Hand Pallet Trucks Market Segment Analysis
Based on type, hand pallet trucks are of two types’ manual and powered. Manual pallet trucks are the most basic option for pallets their capacity ranges from 5000 to 5500 lbs. which are easy to operate. They are popular because of their low initial cost and low maintenance cost. A manual pallet jack is designed very basically that can be attached with any type, size of the pallet and requires less training to operate. Whereas powered pallet trucks work the same as manual trucks but with a motor attached to them. Motor assist in moving pallets as well as raising and lowering the forks which are driving the segment's market growth. Electric jacks can be used for several hours before getting it recharged and has loading capacity between 2000 to 600 lbs. and can reduce the stress of labor but are costly and requires more maintenanceBased on capacity, the hand pallet truck market is segmented into 1.5 ton, 1.5 - 3 ton, and above 3 ton. Of which the segment of pallets that can lift to 3 tons or above dominated the most of the market due to its increased use in warehouses and transportation & Logistic organizations. This pallet truck can move a larger amount of material in one go and can be used for multipurpose. However, trucks having medium-capacity between 1.5 tons to 3 tons are used highly in retail and other market outlets to facilitate in shifting of materials from one place to another within the store and thus saving more time. By end-use, the hand pallet truck market is segmented into freight and logistics, retail stores, wholesale distribution, manufacturing others, wholesale distribution held the largest market share as compared to other segments. Rapid market growth has led to the emergence of new distributors who are responsible for making final products available to the end customer from a retail outlet or directly. These distributors have a large stock of materials that requires movement and shifting. Hand pallet trucks stack one pallet on another like a layer saving space and time. Freight and logistic also uses pallet trucks extensively for transporting material from warehouse to a loading truck due to which this segment has noted growth.
Hand Pallet Trucks Market Regional Insights:
The Asia Pacific is accounted to register the highest growth in the pallet truck market due to increased use and knowledge of using pallet trucks as an aid. The growing market and nation industrial development fueled the market growth further. These pallet trucks are easy to operate and can be used for multipurpose based on their capacity. The use of hand pallet trucks is more in the automobile sector in the region due to the high market share of the automobile industry. Especially in India and China, the sale of motorbikes is high which requires immense shifting and loading. India, China, Japan contributed most to the regions market growth mostly because of increasing modernization and the use of advanced methods. North America and Europe have also witnessed an upsurge in the market due to the high usage of pallet trucks in the automotive and freight and transportation sector. Both regions are regarded as developed regions and thus exports most rather than importing this has caused the use of more hand pallet trucks based on their capacity. In North America, especially in the USA and Canada use of manual pallet trucks for moving and shifting household materials such as tables, items of furniture is also increasing. In Europe, electric pallet trucks have more use due to improved warehousing management techniques shifting and a rise in the adoption of mechanized methods. The Middle East and Africa are also witnessing growth in the market due to rapid industrialization in the area especially in Middle East nations such as UAE, Qatar, and others. The Middle East is well known for its engineering and construction work which has boosted the use of pallet trucks in shifting and moving materials from one place to another in the region as compared to South America. The objective of the report is to present a comprehensive analysis of the Global Hand Pallet Trucks market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Hand Pallet Trucks Market dynamics, structure by analyzing the market segments and project the Global Hand Pallet Trucks Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Hand Pallet Trucks Market make the report investor’s guide.Hand Pallet Trucks Market Scope: Inquire before buying
Global Hand Pallet Trucks Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 2.61 Bn. Forecast Period 2023 to 2029 CAGR: 6.34% Market Size in 2029: US $ 4.02 Bn. Segments Covered: by Capacity • 1.5 ton • 1.5 – 3 ton • Above 3 ton by Type • Manual • Powered by End Use • Freight and Logistics • Retail stores • Automotive • Wholesale distribution • Manufacturing • Others Hand Pallet Truck Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Hand Pallet Trucks Market Key Players are:
• Crown Equipment Corporation • Doosan Corporation • Godrej Material Handling • Hyster-Yale Group, Inc. • Jungheinrich AG • Kion Group • Linde Material Handling • Mitsubishi Caterpillar Forklift America Inc. • The Raymond Corporation • Toyota Industries Corporation • Uvundlu Investments Holdings (Pty) Ltd • Hyundai Heavy Industries Co. Ltd. • KION GROUP AG • Noveltek Industrial Manufacturing Inc. • Presto Lifts Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Hand Pallet Trucks Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Hand Pallet Trucks Market? Ans: The Global Hand Pallet Trucks Market is growing at a CAGR of 6.34% during forecasting period 2023-2029. 3. What is scope of the Global Hand Pallet Trucks market report? Ans: Global Hand Pallet Trucks Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Hand Pallet Trucks market? Ans: The important key players in the Global Hand Pallet Trucks Market are – Crown Equipment Corporation, Doosan Corporation, Godrej Material Handling, Hyster-Yale Group, Inc., Jungheinrich AG, Kion Group, Linde Material Handling, The Raymond Corporation, Toyota Industries Corporation, Hyundai Heavy Industries Co. Ltd., KION GROUP AG, and Presto Lifts Inc. 5. What is the study period of this market? Ans: The Global Hand Pallet Trucks Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Hand Pallet Trucks Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Hand Pallet Truck Products Market 3.4. Geographical Snapshot of the Hand Pallet Truck Products Market, By Manufacturer share 4. Global Hand Pallet Trucks Market Overview, 2023-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Hand Pallet Truck Market 5. Supply Side and Demand Side Indicators 6. Global Hand Pallet Trucks Market Analysis and Forecast, 2023-2029 6.1 Hand Pallet Truck Market Size & Y-o-Y Growth Analysis 7. Global Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 7.1. Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 7.1.1. 1.5 ton 7.1.2. 1.5 – 3 ton 7.1.3. Above 3 ton 7.2. Market Size (Value) Estimates & Forecast By Type, 2023-2029 7.2.1. Manual 7.2.2. Powered 7.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2029 7.3.1. Freight and Logistics 7.3.2. Retail stores 7.3.3. Automotive 7.3.4. Wholesale distribution 7.3.5. Manufacturing 7.3.6. Others 7.4. Market Size (Value) Estimates & Forecast By Region, 2023-2029 7.4.1. North America 7.4.2. Europe 7.4.3. Asia-Pacific 7.4.4. Middle East & Africa 7.4.5. South America 8. North America Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 8.1. Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 8.1.1 1.5 ton 8.1.2 1.5 – 3 ton 8.1.3 Above 3 ton 8.2. Market Size (Value) Estimates & Forecast By Type, 2023-2029 8.2.1 Manual 8.2.2 Powered 8.3. Market Size (Value) Estimates & Forecast By End Use, 2023-2029 8.3.1. Freight and Logistics 8.3.2. Retail stores 8.3.3. Automotive 8.3.4. Wholesale Distribution 8.3.5. Manufacturing 8.3.6. Others 8 North America Hand Pallet Trucks Market Analysis and Forecasts, By Country 8.1 Market Size (Value) Estimates & Forecast By Country, 2023-2029 8.1.1 US 8.1.2 Canada 8.1.3 Mexico 9 U.S. Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 9.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 9.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 9.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 10 Canada Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 10.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 10.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 10.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 11 Mexico Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 11.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 11.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 11.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 12 Europe Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 12.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 12.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 12.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 13 Europe Hand Pallet Trucks Market Analysis and Forecasts, By Country 13.1 Market Size (Value) Estimates & Forecast By Country, 2023-2029 13.1.1 U.K 13.1.2 France 13.1.3 Germany 13.1.4 Italy 13.1.5 Spain 13.1.6 Sweden 13.1.7 CIS Countries 13.1.8 Rest of Europe 14 U.K. Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 14.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 14.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 14.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 15 France Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 15.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 15.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 15.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 16 Germany Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 16.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 16.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 16.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 17 Italy Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 17.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 17.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 17.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 18 Spain Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 18.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 18.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 18.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 19 Sweden Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 19.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 19.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 19.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 20 CIS Countries Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 20.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 20.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 20.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 21 Rest of Europe Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 21.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 21.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 21.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 22 Asia Pacific Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 22.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 22.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 22.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 23 Asia Pacific Hand Pallet Trucks Market Analysis and Forecasts, by Country 23.1 Market Size (Value) Estimates & Forecast By Country, 2023-2029 23.1.1 China 23.1.2 India 23.1.3 Japan 23.1.4 South Korea 23.1.5 Australia 23.1.6 ASEAN 23.1.7 Rest of Asia Pacific 24 China Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 24.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 24.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 24.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 25 India Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 25.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 25.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 25.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 26 Japan Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 26.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 26.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 26.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 27 South Korea Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 27.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 27.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 27.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 28 Australia Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 28.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 28.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 28.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 28.4 Market Size (Value) Estimates & Forecast By Region, 2023-2029 29 ASEAN Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 29.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 29.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 29.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 30 Rest of Asia Pacific Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 30.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 30.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 30.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 31 Middle East Africa Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 31.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 31.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 31.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 32 Middle East Africa Hand Pallet Trucks Market Analysis and Forecasts, by Country 32.1 Market Size (Value) Estimates & Forecast by Country, 2023-2029 32.1.1 South Africa 32.1.2 GCC Countries 32.1.3 Egypt 32.1.4 Nigeria 32.1.5 Rest of ME&A 33 South Africa Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 33.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 33.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 33.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 34 GCC Countries Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 34.1 Market Size (Value) Estimates & Forecast By Capacity, 2021-2027Market Size (Value) Estimates & Forecast By Type, 2023-2029 34.2 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 35 Egypt Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 35.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 35.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 35.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 36 Nigeria Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 36.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 36.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 36.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 37 Rest of ME&A Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 37.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 37.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 37.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 38 South America Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 38.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 38.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 38.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 39 South America Hand Pallet Trucks Market Analysis and Forecasts, by Country 39.1 Market Size (Value) Estimates & Forecast by Country, 2023-2029 39.1.1 Brazil 39.1.2 Argentina 39.1.3 Rest of South America 40 Brazil Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 40.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 40.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 40.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 41 Argentina Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 41.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 41.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 41.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 42 Rest of South America Hand Pallet Trucks Market Analysis and Forecasts, 2023-2029 42.1 Market Size (Value) Estimates & Forecast By Capacity, 2023-2029 42.2 Market Size (Value) Estimates & Forecast By Type, 2023-2029 42.3 Market Size (Value) Estimates & Forecast By End Use, 2023-2029 43 Competitive Landscape 43.1 Geographic Footprint of Major Players in the Global Hand Pallet Truck Market 43.2 Competition Matrix 43.2.1 Competitive Benchmarking of Key Players By Price, Presence, Market Share, End Uses and R&D Investment 43.2.2 New Product Launches and Product Enhancements 43.2.3 Market Consolidation 43.2.3.1 M&A by Regions, Investment and Verticals 43.2.3.2 M&A, Forward Integration and Backward Integration 43.2.3.3 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 43.3 Company Profile : Key Players 43.3.1 Noveltek Industrial Manufacturing Inc 43.3.1.1 Company Overview 43.3.1.2 Financial Overview 43.3.1.3 Geographic Footprint 43.3.1.4 Product Portfolio 43.3.1.5 Business Strategy 43.3.1.6 Recent Developments 45.3.2 Crown Equipment Corporation 45.3.3 Doosan Corporation 45.3.4 Godrej Material Handling 45.3.5 Hyster-Yale Group, Inc. 45.3.6 Jungheinrich AG 45.3.7 Kion Group 45.3.8 Linde Material Handling 45.3.9 Mitsubishi Caterpillar Forklift America Inc. 45.3.10 The Raymond Corporation 45.3.11 Toyota Industries Corporation 45.3.12 Uvundlu Investments Holdings (Pty) Ltd 45.3.13 Hyundai Heavy Industries Co. Ltd. 45.3.14 KION GROUP AG 45.3.15 Presto Lifts Inc. 46 Primary Key Insights