The global traction battery market size was valued at $31.6 billion in 2020, and is projected to reach $69.2 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. ...
The global forklift truck market was valued at $51.6 billion in 2021, and is projected to reach $103.9 billion by 2031, growing at a CAGR of 7.5% from 2022 to 2031.
The global telehandlers market was valued at $5,433.9 million in 2018, and is projected to reach $7,821.4 million by 2026, growing at a CAGR of 4.5% from 2019 to 2026.
Backhoe loader equipment is used to dig deep holes or trenches, and is also known as digger. It is a form of tractor with shovel fitted in front and back of tractors used for digging of tranches or large holes for agricultural purpose.
Dump trucks are dumpers, which are used to transport materials such as gravel, sand, and iron ore from one place to other. Dump trucks are especially used in construction works to dump the material.
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