Thailand Forklift Market

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Thailand Forklift MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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(1) 970-236-3677
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Thailand Forklift Market Size is forecast to
reach 341.4 million by 2026, at a CAGR of 7.2
during 2021-2026. Thailand Forklift market in
manufacturing industries is estimated to surpass
170.95 million by 2026 majorly owing to the
rapid increase in material handling solution in
industries which is increasing the forklift truck
adoption. Due to technological advancements in
the material handling equipment the companies are
offering more enhanced features in forklift
trucks such as clear visibility, low level of
noise, advanced attachment for different
applications and more.
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• Key Takeaways
• The growth of the distribution channels have
  boosted the market growth as the amendment of
  e-commerce is rising in the recent years due to
  which people are able to buy products through
  online platforms and also through the stores.
  According to UNCTAD, the e-commerce sales hit by
  26.6 trillion globally in 2019 which accounted
  for 10.1 increase as compared to 2017.
• The demand for robotic and automation is growing
  significantly in the Thai market. Additionally,
  the Thai government is offering privileges and
  incentives for the investment in robotics and
  automation which will lead to the increasing
  manufacturing of autonomous forklifts.

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By Distribution Channel- Segment Analysis Diesel
forklifts are projected to hold the maximum
market share for forklift market in 2020 at 38.1
due to their typically heavy duty powerful
engine. The major factors driving adoption of
diesel forklift is the engine capacity with can
run in most extreme conditions. A number of
forklift companies such as Hangcha Forklift,
Hyundai Forklift and others have significantly
increased the advancement in technology for
providing better material handling. Moreover
gasoline type forklift are considered as more
powerful than diesel forklift. However carbon
emission by gasoline is more than diesel, thus
the adoption of diesel type is growing faster in
the market.
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• Thailand Forklift Market Industry Outlook
• Toyota Tsusho
• Mitsubishi Electric
• Bangkok Komatsu Forklift
• Thai-Lian Forklift/Sumitomo Thailift
• Crown Equipment
• Hangcha
• Anhui Forklift
• Doosan
• Hyundai
• Jungheinrich

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Thailand Forklift Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Report/19151/thailand-
forklift-market
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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