Research Beam has added a report titled, “Global Forklift Battery Market 2016-2020.” As per the report, the global forklift battery market is estimated to grow at CAGR of 8.1% from 2016 to 2020. The report offers an exhaustive analysis of key manufacturers, drivers & challenges, competitive landscape, and market trends. Analysts studying the industry have highlighted current market trends and growth opportunities in reports to offer a comprehensive analysis of the market scenario.
A brief overview of the global forklift battery market is provided in the research based on executive summary and highlighting market trends. Furthermore, market overview and top-vendor offerings are included to outline the scope of the report. The research methodology covered in the report assists investors and manufactures to gain thorough understanding of methods used for collection of data and statistics. In addition, economic indicators assist them by offering information on current economic scenario and plan business strategies for the future.
The market landscape is highlighted in the study in terms of market size and forecasts by revenue to help businesses take better decisions for the future. Furthermore, Porter’s Five Forces analysis offers insights on level of competition within the industry and helps in development of strategies.
The report offers a detailed segmentation of the market on the basis of applications and geography. In-depth analysis of applications such as warehouse, manufacturing, and construction is included in the study. In addition, information on revenue generated by each application is covered for the period, 2015–2020. Geographically, the global forklift battery market is segmented into Americas, APAC, and EMEA. The revenue generated by each region from 2015 to 2020 is mentioned in the study. Comprehensive analysis of each segment aids businesses, stakeholders, and investors to determine dominating market shares of each segment and take better decisions.
The report offers a comprehensive analysis of drivers, challenges, and opportunities along with their impact on the industry. Market trends offered in the study helps manufacturers to adapt and upgrade their products and services to strengthen their position in the global industry. The report also offers insights on global e-commerce sales for the period, 2013–2018. Vendor landscape is outlined in the report based on competitive landscape and market share analysis of each vendor. Key vendors analyzed in the study are East Penn Manufacturing, Exide Industries, Midac, Navitas Systems, SBS, CHLORIDE, Crown Battery, and others.