Forklift trucks are heavy-duty electric lift trucks that are commonly used to lift and transfer heavy materials such as container goods, crates, and other such components over short distances. These trucks are mostly used in dockyards, warehousing operations, and recycling operations to perform tasks like loading and unloading goods from vehicles and moving packed goods around the storage area. Furthermore, forklifts are typically powered by an electric battery or internal combustion engines. Furthermore, forklifts are classified into different classes based on their weight and specifications, such as class 1, class 2, class 3, class 4, and so on. Furthermore, these vehicles are outfitted with a variety of attachments such as platforms and grippers to facilitate the handling of goods while lowering operating costs.
The Forklift Truck Market is divided into four sections: power source, class, end user, and region. The market is divided into two segments based on power source: IC engine powered and electric powered. It is divided into five classes: class 1, class 2, class 3, class 4, class 5, and others. Retail & wholesale, logistics, automotive, food industry, and others are the end users. The market is divided into four regions: North America, Europe, Asia-Pacific, and Latin America and the Caribbean.
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