Uploaded on Feb 4, 2021
The global trucks and lifts market is projected to grow at a CAGR of 2.46% during the forecast period, reaching a total market size of US$79.044 billion in 2024 from US$68.315 billion in 2018. The rising development of large warehouses will drive the growth of lifts during the figure time frame as these sorts of material handling equipment like scissor/flying lift can make get-together and establishment errands simpler in distribution centers with tall heights. Besides, the interest for pallet trucks will likewise heighten with the developing requirement for giving hefty load on precise schedules in the assembling units.
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