Bharat Book Bureau Provides the Trending Market Research Report on “Latin America Forklift Truck Market 2019-2027”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK

According to Report The Latin America Forklift Truck Market has been projected to grow in revenue terms, at a CAGR of 1.61% during the forecast years between 2019 and 2027. Brazil, Mexico, and Rest of Latin America together constitute the forklift truck market in the Latin America region.

The increase in trade at seaports in the region is fueling the growth of the forklift truck market in Latin America. At seaports, forklift trucks are used for loading & unloading purposes and material handling processes. The rising cargo traffic at the ports, thereby, raises the demand for forklift trucks.

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Argentina, which is a part of Rest of Latin America, has a significantly large number of internet users, which has fueled the growth of the e-commerce sector in the country. Moreover, several e-commerce giants are looking to expand their business in the country. For instance, Paypal announced it would be investing $750 million in the Argentian e-commerce company, MercadoLibre to further expand its platform and improve its logistical infrastructure. Also, MercadoLibre has planned to establish a new distribution facility in Argentina to increase its logistical capacity, which would lead to an increased demand for forklift trucks. The growth of the e-commerce sector in Argentina is thereby boosting the growth of the forklift market in Rest of Latin America region.

COMPETITIVE OUTLOOK

Some of the established giants in the forklift truck market are KION Group AG, HANGCHA Group Co., Ltd., Hyster-Yale Materials Handling, Inc., EP Equipment Co., Ltd., CLARK Material Handling Company, Godrej & Boyce Manufacturing Company Limited, Jungheinrich AG, and Toyota Industries Corporation.

TABLE OF CONTENTS

LATIN AMERICA FORKLIFT TRUCK MARKET – SUMMARY
INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. EVOLUTION & TRANSITION OF FORKLIFT TRUCKS
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. KEY IMPACT ANALYSIS
2.4.1. COST
2.4.2. TYPE OF ENGINE
2.4.3. PAYLOAD CAPACITIES
2.4.4. LIFT HEIGHT
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. REGULATORY FRAMEWORK
2.8. MARKET DRIVERS
2.8.1. INCREASING GROWTH OF THE MANUFACTURING INDUSTRY
2.8.2. RISE IN E-COMMERCE BUSINESS
2.8.3. WAREHOUSE EXPANSIONS
2.9. MARKET RESTRAINTS
2.9.1. LIMITED NUMBER OF RAW MATERIAL SUPPLIERS
2.10. MARKET OPPORTUNITIES
2.10.1. TECHNOLOGICAL ADVANCEMENTS IN FORKLIFT TRUCKS
2.10.2. ADOPTION OF ENVIRONMENT-FRIENDLY LOGISTICS
2.10.3. COUNTERBALANCE FORKLIFT TO HOLD THE LARGEST SHARE IN THE PRODUCT TYPE SEGMENT
2.11. MARKET CHALLENGES
2.11.1. GOVERNMENT RULES & REGULATIONS
LATIN AMERICA FORKLIFT TRUCK MARKET OUTLOOK – BY PRODUCT TYPE
3.1. WAREHOUSE FORKLIFT
3.2. COUNTERBALANCE FORKLIFT
LATIN AMERICA FORKLIFT TRUCK MARKET OUTLOOK – BY POWER SOURCE
4.1. INTERNAL COMBUSTION ENGINE
4.2. ELECTRIC MOTOR
LATIN AMERICA FORKLIFT TRUCK MARKET OUTLOOK – BY CLASS
5.1. CLASS 1
5.2. CLASS 2
5.3. CLASS 3
5.4. CLASS 4
5.5. CLASS 5
LATIN AMERICA FORKLIFT TRUCK MARKET OUTLOOK – BY END-USER
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