What is Forklift Truck Cabin Market?
A forklift is defined as the powered industrial truck, which is used to lift as well as move materials over short distances. Forklift truck cabin is mainly available in various types such as semi cabins, full cabins, among others. The full cabin offers optimal weather protection, high comfort, as well as maximal driver-protection. Semi cabins have a rigid front screen, which is made of safety glass with an electrical windscreen wiper steel, aluminum frame, as well as a PVC enclosure. Forklift truck cabin is used in various application such as factories, warehouses, airports, distribution centers, among others
Highlights from Forklift Truck Cabin Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | DFK Cab, Ltd. (Czechia), M.Schall GmbH & Co. KG (Germany), Nichiyu Electric Forklifts (Australia), Rentcorp (Canada), Caterpillar Inc. (United States), J.C. Bamford Excavators Ltd. (United Kingdom), JLG Industries, Inc. (United States), Terex Corporation (United States), CNH Industrial N.V. (United Kingdom) and Manitou (France) |
The global forklift truck cabins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that United States and Italy Vendors will contribute to the maximum growth of Global Forklift Truck Cabin market throughout the forecasted period.
DFK Cab, Ltd. (Czechia), M.Schall GmbH & Co. KG (Germany), Nichiyu Electric Forklifts (Australia), Rentcorp (Canada), Caterpillar Inc. (United States), J.C. Bamford Excavators Ltd. (United Kingdom), JLG Industries, Inc. (United States), Terex Corporation (United States), CNH Industrial N.V. (United Kingdom) and Manitou (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Wacker Neuson (Germany), The Liebherr Group (Germany), Claas (Germany), Dieci s.r.l. (Italy), Doosan Infracore (South Korea), Deutz-Fahr (Germany), Merlo S.p.A. (Italy) and Haulotte Group (France). Forklift Truck Cabin Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Factories, Warehouses, Stations, Ports, Airports, Distribution Centers and Others |
Type | Semi Cabins and Full Cabins |
Material | Mild Steel,Aluminium,Metal Alloy,Iron,Others |
On the basis of geography, the market of Forklift Truck Cabin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement regarding Forklift Truck Cabin
Market Growth Drivers:
Increasing Trend in E-Commerce and Warehouse Segment and Growing Usage of Forklift Truck Cabin in Various Application
Challenges:
Issue related to Volatility in Global Market
Restraints:
Stringent Safety and Emission Regulations and Increase in Third-Party Logistics (3PL) Services
Opportunities:
Increasing Demand from Emerging Market such a China, India and Others
Key Target Audience
Forklift Truck Cabin Manufacturers, Industry Association, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
According to the Occupational Safety and Health Administration, “Protecting Young Workers: Prohibition Against Young Workers Operating Forklifts. OSHA Safety and Health Information Bulletin (SHIB), (September 30, 2003). Informs employers that youth employment regulations”. Hence, it may act as a hamper for market growth.