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Reach Trucks Market by Load Capacity (Less than or equal to 2000 kg and More than 2000 kg) and End User (Retail & Wholesale, Logistics, Automobile, Food & Beverages, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

A05957
Pages: 214
Jan 2020 | 1563 Views
 
Author(s) : Amar Chinchane , Onkar Sumant
Tables: 89
Charts: 64
 

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The global reach trucks market size was valued at $2,583.8 million in 2018, and is projected to reach $4,085.8 million by 2026, growing at a CAGR of 5.6% from 2019 to 2026. Reach trucks are stacking trucks utilized for material-handling operations such as storing and retrieving pallets in racks. In addition, these trucks operate in narrow aisles. They are designed with handle load capacity up to 2000 kg. Moreover, it offers safety and maneuverability in the hardest working conditions and have the ability to drive across various terrains. Its advantageous features include standing operator over-head guard, multi-direction operation, AC electric steering, AC motor technology, multi-function joystick, optional integrated hydraulic fork position, and stand and sit down versions.

The adoption of compact material handling equipment has gained traction in the recent years, owing to their easier maintenance, movability, as well as similar performance compared to heavy machinery. Moreover, unlike heavy machinery, compact material handling equipment such as reach trucks do not require certified operators and are significantly easier to operate then heavy equipment. In addition, lower costs of these trucks over conventional material handling equipment boosts their popularity in end-user industries.

Reach Trucks Market

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In addition, reach trucks offer versatile benefits in various tasks for industries such as manufacturing industries, shop floors, transportation hubs, warehouses, logistics, and factories, owing to their compact design as well as greater maneuverability capability. For instance, this equipment offers better accessibility in closed & compact areas, can easily relocate from one location to another, has lower costs, and is easy to maintain. In addition, the demand for safe and efficient material handling equipment in various cross industry verticals has led to an increase in adoption of these since recent years. These advantages are anticipated to drive the growth of the market. However, rise in prices of raw materials are estimated to hamper market growth.

Reach Trucks Market
By Load Capacity

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More than 2000 kg segment is projected to grow at a significant CAGR

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Furthermore, technical innovations in reach trucks are anticipated to drive the growth of the market in the coming years. Battery-operated reach trucks are gaining popularity among end use industries, owing to their ability to handle double pallet and horizontal transport. Moreover, lithium-ion battery option for increased flexibility and energy-efficiency makes them suitable for material handling involving long-distance travel and light-duty material handling applications. Many companies are focusing on development of reach trucks with features such as robust construction, smooth functioning, and enhanced durability.

Reach Trucks Market
By End-User

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Retail and Wholesale segment holds dominant position in 2018

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The global reach trucks market is segmented into type, end-user, and region. Depending on type, the market is segmented into less than or equal to 2000 kg and more than 2000 kg. On the basis of end-user, it is categorized into retail & wholesale, logistics, automobile, food & beverages, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific had the largest share, in terms of revenue in 2018.

Reach Trucks Market
By Region

2026
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2018 and is expected to grow at a moderate rate during the forecast period.

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Competition Analysis

The key market players profiled in the reach trucks market report include Combilift Material Handling Solutions Company, Crown Equipment Corporation, Doosan Corporation, Godrej and Boyce Manufacturing Company Limited, Hangcha Group Co., Ltd, Hyster-Yale Materials Handling, Inc, Jungheinrich AG, KION Group AG, Mitsubishi Logisnext Co., Ltd, and Toyota Industries Corporation. These players have adopted key strategies such as product development to strengthen their outreach and sustain the stiff competition in the market. For instance, in May 2019, Crown launched new DS 3040 double reach truck, which is produced and developed in Germany. The product features load capacities of up to 2 tons and lift heights of up to 2.3 meters. It also offers high stability for medium-heavy applications such as, shelf replenishment, pallet transport and lorry unloading.

Key Benefits for Stakeholders:

  • The report provides an extensive analysis of the current and emerging reach trucks market trends and dynamics.  
  • In-depth market analysis is conducted by constructing estimations for the key segments between 2018 and 2026. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The global reach trucks market forecast analysis from 2018 to 2026 is included in the report.
  • Key market players operating in the market are profiled in the report, and their strategies are analyzed thoroughly, which helpd to understand the competitive outlook of the reach trucks industry. 

Global Reach Trucks Market Segments:

By Load Capacity

  • Less than or equal to 2000 kg
  • More than 2000 kg

By End User

  • Retail & Wholesale
  • Logistics
  • Automobile
  • Food & Beverages
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Combilift Material Handling Solutions
  • Crown Equipment Corporation
  • Doosan Corporation
  • Godrej and Boyce Manufacturing Company Limited
  • Hangcha Group Co., Ltd
  • Hyster-Yale Materials Handling, Inc
  • Jungheinrich AG
  • KION Group AG
  • Mitsubishi Logisnext Co., Ltd
  • Toyota Industries Corporation
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key Findings

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. Porter's five forces analysis
3.4. Key player positioning, 2018
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Increased focus towards robust and compact material handling equipment
3.5.1.2. Versatile benefits associated with reach trucks
3.5.1.3. Rise in infrastructure projects globally

3.5.2. Restraints

3.5.2.1. Rising trend of adoption of forklift
3.5.2.2. Rise in prices of raw materials

3.5.3. Opportunity

3.5.3.1. Technical innovation in reach trucks

CHAPTER 4: REACH TRUCKS  MARKET, BY LOAD CAPACITY

4.1. Overview

4.1.1. Market size and forecast, by load capacity

4.2. Less than or equal to 2000 kg

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country

4.3. More than 2000 kg

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country

CHAPTER 5: REACH TRUCKS  MARKET, BY END-USER

5.1. Overview

5.1.1. Market size and forecast, end-user

5.2. Retail & Wholesale

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country

5.3. Logistics

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country

5.4. Automobile

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

5.5. Food & Beverage

5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

5.6. Others

5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country

CHAPTER 6: REACH TRUCKS  MARKET, BY REGION

6.1. Overview

6.1.1. Market size and forecast, by region

6.2. North America

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by load capacity
6.2.3. Market size and forecast, by end-user
6.2.4. Market analysis by country

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by load capacity
6.2.4.1.2. Market size and forecast, by end-user

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by load capacity
6.2.4.2.2. Market size and forecast, by end-user

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by load capacity
6.2.4.3.2. Market size and forecast, by end-user

6.3. Europe

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by load capacity
6.3.3. Market size and forecast, by end-user
6.3.4. Market analysis by country

6.3.4.1. Germany

6.3.4.1.1. Market size and forecast, by load capacity
6.3.4.1.2. Market size and forecast, by end-user

6.3.4.2. France

6.3.4.2.1. Market size and forecast, by load capacity
6.3.4.2.2. Market size and forecast, by end-user

6.3.4.3. Italy

6.3.4.3.1. Market size and forecast, by load capacity
6.3.4.3.2. Market size and forecast, by end-user

6.3.4.4. UK

6.3.4.4.1. Market size and forecast, by load capacity
6.3.4.4.2. Market size and forecast, by end-user

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by load capacity
6.3.4.5.2. Market size and forecast, by end-user

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by load capacity
6.4.3. Market size and forecast, by end-user
6.4.4. Market analysis by country

6.4.4.1. Japan

6.4.4.1.1. Market size and forecast, by load capacity
6.4.4.1.2. Market size and forecast, by end-user

6.4.4.2. China

6.4.4.2.1. Market size and forecast, by load capacity
6.4.4.2.2. Market size and forecast, by end-user

6.4.4.3. India

6.4.4.3.1. Market size and forecast, by load capacity
6.4.4.3.2. Market size and forecast, by end-user

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by load capacity
6.4.4.4.2. Market size and forecast, by end-user

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast, by load capacity
6.4.4.5.2. Market size and forecast, by end-user

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by load capacity
6.5.3. Market size and forecast, by end-user
6.5.4. Market analysis by country

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by load capacity
6.5.4.1.2. Market size and forecast, by end-user

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by load capacity
6.5.4.2.2. Market size and forecast, by end-user

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by load capacity
6.5.4.3.2. Market size and forecast, by end-user

CHAPTER 7: COMPANY PROFILES

7.1. Combilift Material Handling Solutions

7.1.1. Company overview
7.1.2. Key Executives
7.1.3. Company snapshot
7.1.4. Product portfolio

7.2. Crown Equipment Corporation

7.2.1. Company overview
7.2.2. Key Executives
7.2.3. Company snapshot
7.2.4. Product portfolio
7.2.5. Key strategic moves and developments

7.3. Doosan Corporation (Doosan Industrial Vehicle)

7.3.1. Company overview
7.3.2. Key Executives
7.3.3. Company snapshot
7.3.4. Operating business segments
7.3.5. Product portfolio
7.3.6. R&D Expenditure
7.3.7. Business performance

7.4. Godrej and Boyce Manufacturing Company Limited

7.4.1. Company overview
7.4.2. Key Executives
7.4.3. Company snapshot
7.4.4. Operating business segments
7.4.5. Product portfolio
7.4.6. R&D Expenditure
7.4.7. Business performance
7.4.8. Key strategic moves and developments

7.5. Hangcha Group Co., Ltd.

7.5.1. Company overview
7.5.2. Key Executives
7.5.3. Company snapshot
7.5.4. Product portfolio
7.5.5. Key strategic moves and developments

7.6. Hyster-Yale Materials Handling, Inc.

7.6.1. Company overview
7.6.2. Key Executives
7.6.3. Company snapshot
7.6.4. Product portfolio
7.6.5. R&D Expenditure
7.6.6. Business performance
7.6.7. Key strategic moves and developments

7.7. Jungheinrich AG

7.7.1. Company overview
7.7.2. Key Executives
7.7.3. Company snapshot
7.7.4. Operating business segments
7.7.5. Product portfolio
7.7.6. R&D Expenditure
7.7.7. Business performance

7.8. KION Group AG (Linde Material Handling GmbH)

7.8.1. Company overview
7.8.2. Key Executives
7.8.3. Company snapshot
7.8.4. Operating business segments
7.8.5. Product portfolio
7.8.6. R&D Expenditure
7.8.7. Business performance
7.8.8. Key strategic moves and developments

7.9. Mitsubishi Logisnext Co., Ltd.

7.9.1. Company overview
7.9.2. Key Executives
7.9.3. Company snapshot
7.9.4. Product portfolio
7.9.5. R&D Expenditure
7.9.6. Business performance
7.9.7. Key strategic moves and developments

7.10. Toyota Industries Corporation (Toyota Material Handling Group)

7.10.1. Company overview
7.10.2. Key Executives
7.10.3. Company snapshot
7.10.4. Operating business segments
7.10.5. Product portfolio
7.10.6. R&D Expenditure
7.10.7. Business performance
7.10.8. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY, 2018-2026 ($MILLION)
TABLE 02. LESS THAN OR EQUAL TO 2000 KG REACH TRUCKS REVENUE, BY REGION 2018–2026($MILLION)
TABLE 03. MORE THAN 2000 KG REACH TRUCKS REVENUE, BY REGION 2018–2026($MILLION)
TABLE 04. GLOBAL REACH TRUCKS MARKET REVENUE, END-USER, 2018-2026 ($MILLION)
TABLE 05. REACH TRUCKS MARKET REVENUE FOR RETAIL & WHOLESALE, BY REGION 2018–2026($MILLION)
TABLE 06. REACH TRUCKS MARKET REVENUE FOR LOGISTICS, BY REGION 2018–2026($MILLION)
TABLE 07. REACH TRUCKS MARKET REVENUE FOR AUTOMOBILE, BY REGION 2018–2026($MILLION)
TABLE 08. REACH TRUCKS MARKET REVENUE FOR FOOD & BEVERAGE, BY REGION 2018–2026($MILLION)
TABLE 09. REACH TRUCKS MARKET REVENUE FOR OTHERS, BY REGION 2018–2026($MILLION)
TABLE 10. GLOBAL REACH TRUCKS MARKET REVENUE, BY REGION 2018–2026($MILLION)
TABLE 11. NORTH AMERICA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 12. NORTH AMERICA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 13. NORTH AMERICA REACH TRUCKS MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 14. U.S. REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 15. U.S. REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 16. CANADA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 17. CANADA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 18. MEXICO REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 19. MEXICO REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 20. EUROPE REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 21. EUROPE REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 22. EUROPE REACH TRUCKS MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 23. GERMANY REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 24. GERMANY REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 25. FRANCE REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 26. FRANCE REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 27. ITALY REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 28. ITALY REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 29. UK REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 30. UK REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 31. REST OF EUROPE REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 32. REST OF EUROPE REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 33. ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 34. ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 35. ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 36. JAPAN REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 37. JAPAN REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 38. CHINA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 39. CHINA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 40. INDIA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 41. INDIA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 42. SOUTH KOREA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 43. SOUTH KOREA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 44. REST OF ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 45. REST OF ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 46. LAMEA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 47. LAMEA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 48. LAMEA REACH TRUCKS MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 49. LATIN AMERICA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 50. LATIN AMERICA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 51. MIDDLE EAST REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 52. MIDDLE EAST REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 53. AFRICA REACH TRUCKS MARKET REVENUE, BY LOAD CAPACITY 2018–2026($MILLION)
TABLE 54. AFRICA REACH TRUCKS MARKET REVENUE, BY END-USER 2018–2026($MILLION)
TABLE 55. COMBILIFT MATERIAL HANDLING SOLUTIONS: KEY EXECUTIVES
TABLE 56. COMBILIFT MATERIAL HANDLING SOLUTIONS: COMPANY SNAPSHOT
TABLE 57. COMBILIFT MATERIAL HANDLING SOLUTIONS: PRODUCT PORTFOLIO
TABLE 58. CROWN: KEY EXECUTIVES
TABLE 59. CROWN: COMPANY SNAPSHOT
TABLE 60. CROWN: PRODUCT PORTFOLIO
TABLE 61. DOOSAN: KEY EXECUTIVES
TABLE 62. DOOSAN: COMPANY SNAPSHOT
TABLE 63. DOOSAN: OPERATING SEGMENTS
TABLE 64. DOOSAN: PRODUCT PORTFOLIO
TABLE 65. GODREJ AND BOYCE: KEY EXECUTIVES
TABLE 66. GODREJ AND BOYCE: COMPANY SNAPSHOT
TABLE 67. GODREJ AND BOYCE: OPERATING SEGMENTS
TABLE 68. GODREJ AND BOYCE: PRODUCT PORTFOLIO
TABLE 69. HANGCHA: KEY EXECUTIVES
TABLE 70. HANGCHA: COMPANY SNAPSHOT
TABLE 71. HANGCHA: PRODUCT PORTFOLIO
TABLE 72. HYSTER-YALE: KEY EXECUTIVES
TABLE 73. HYSTER-YALE: COMPANY SNAPSHOT
TABLE 74. HYSTER-YALE: PRODUCT PORTFOLIO
TABLE 75. JUNGHEINRICH: KEY EXECUTIVES
TABLE 76. JUNGHEINRICH: COMPANY SNAPSHOT
TABLE 77. JUNGHEINRICH: OPERATING SEGMENTS
TABLE 78. JUNGHEINRICH: PRODUCT PORTFOLIO
TABLE 79. KION: KEY EXECUTIVES
TABLE 80. KION: COMPANY SNAPSHOT
TABLE 81. KION: OPERATING SEGMENTS
TABLE 82. KION: PRODUCT PORTFOLIO
TABLE 83. MITSUBISHI LOGISNEXT: KEY EXECUTIVES
TABLE 84. MITSUBISHI LOGISNEXT: COMPANY SNAPSHOT
TABLE 85. MITSUBISHI LOGISNEXT: PRODUCT PORTFOLIO
TABLE 86. TOYOTA: KEY EXECUTIVES
TABLE 87. TOYOTA: COMPANY SNAPSHOT
TABLE 88. TOYOTA: OPERATING SEGMENTS
TABLE 89. TOYOTA: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. GLOBAL REACH TRUCKS MARKET: KEY PLAYERS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2017–2019
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2019 (%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2017–2019 (%)
FIGURE 08. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 09. MODERATE TO HIGH BARGAINING POWER OF BUYERS
FIGURE 10. LOW TO MODEARTE THREAT OF SUBSTITUTES
FIGURE 11. MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 12. MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 13. KEY PLAYER POSITIONING
FIGURE 14. GLOBAL REACH TRUCKS  MARKET, BY LOAD CAPACITY, 2018-2026
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF LESS THAN OR EQUAL TO 2000 KG REACH TRUCKS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF MORE THAN 2000 KG REACH TRUCKS  MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 17. GLOBAL REACH TRUCKS  MARKET, END-USER, 2018-2026
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF REACH TRUCKS MARKET FOR RETAIL & WHOLESALE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF REACH TRUCKS MARKET FOR LOGISTICS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF REACH TRUCKS MARKET FOR AUTOMOBILE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF REACH TRUCKS  MARKET FOR FOOD & BEVERAGE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF REACH TRUCKS MARKET FOR OTHERS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23. GLOBAL REACH TRUCKS  MARKET, BY REGION, 2018-2026
FIGURE 24. U.S. REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 25. CANADA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 26. MEXICO REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 27. GERMANY REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 28. FRANCE REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 29. ITALY REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 30. UK REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 31. REST OF EUROPE REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 32. JAPAN REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 33. CHINA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 34. INDIA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 35. SOUTH KOREA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 36. REST OF ASIA-PACIFIC REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 37. LATIN AMERICA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 38. MIDDLE EAST REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 39. AFRICA REACH TRUCKS MARKET REVENUE, 2018-2026($MILLION)
FIGURE 40. DOOSAN: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 41. DOOSAN: REVENUE, 2016–2018 ($MILLION)
FIGURE 42. DOOSAN: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 43. DOOSAN: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 44. GODREJ AND BOYCE: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 45. GODREJ AND BOYCE: REVENUE, 2017–2019 ($MILLION)
FIGURE 46. GODREJ AND BOYCE: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 47. HYSTER-YALE: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 48. HYSTER-YALE: REVENUE, 2016–2018 ($MILLION)
FIGURE 49. HYSTER-YALE: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 50. JUNGHEINRICH: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 51. JUNGHEINRICH: REVENUE, 2016–2018 ($MILLION)
FIGURE 52. JUNGHEINRICH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 53. JUNGHEINRICH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 54. KION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 55. KION: REVENUE, 2016–2018 ($MILLION)
FIGURE 56. KION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57. KION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58. MITSUBISHI LOGISNEXT: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 59. MITSUBISHI LOGISNEXT: REVENUE, 2017–2019 ($MILLION)
FIGURE 60. MITSUBISHI LOGISNEXT: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 61. TOYOTA: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 62. TOYOTA: REVENUE, 2017–2019 ($MILLION)
FIGURE 63. TOYOTA: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64. TOYOTA: REVENUE SHARE BY REGION, 2019 (%)

 
 

The market has witnessed a significant growth over the past decade, owing to rise in advantages of reach trucks such as minimization of the probability of product/equipment damage, efficient productivity, reduction of workplace accidents, and traffic management in warehouses. The factors such as rise in price of raw materials are anticipated to restrain the growth of the global market. Growth in adoption of reach trucks with load capacity less than or equal to 2000 kg is expected to provide lucrative growth opportunities for the market players, owing to its inexpensiveness and features such as handle-castor chain assist steering system, chain connect side wheel and handle, and easy operating foot brake. Market players are also focused toward developing new products to enhance their product portfolios to increase their market potential, in terms of geographic and customer base expansion.

Increase in investments in infrastructure development activities are expected to drive the growth of the market. In addition, technological advancements and new innovations in reach trunks is further expected to accelerate the growth of the global market. Therefore, leading manufacturers of reach trucks in the market are developing compact and affordable reach trucks to cater to a large customer base.

Among the analyzed regions, Asia-Pacific is expected to account for the highest CAGR in the global market throughout the forecast period.

 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The reach trucks market is projected to reach $4,085.8 million by 2026.

A. Rise in infrastructure projects globally, and versatile benefits associated with reach trucks are the key drivers of the reach trucks industry.

A. The report sample for reach trucks market report can be obtained on demand from the website.

A. Technical innovations in reach trucks are the emerging trend in the reach trucks market.

A. Product launch are the key growth strategy of reach trucks market players.

A. The statistical data of the top market players of reach trucks market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the reach trucks industry.

A. Asia-Pacific region will provide more business opportunities for reach trucks market in coming years.

A. Based on region, Asia-Pacific holds the maximum share of the reach trucks market.

A. Combilift Material Handling Solutions, Crown Equipment Corporation, Doosan Corporation, Godrej and Boyce Manufacturing Company Limited, Hangcha Group Co., Ltd, Hyster-Yale Materials Handling, Inc.

A. The logistics, food & beverage, and automobile sector are the potential customers of reach trucks industry.

 

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