High-Capacity Forklift Market Poised to Exceed $6.8 Billion by 2030 with 8.9% CAGR

The global High-Capacity Forklift market has experienced robust growth, driven by industrial automation, logistics expansion, and warehouse modernization. Valued at $3.2 billion in 2022, the market rose from $1.9 billion in 2015, registering a CAGR of 8.5% over seven years. North America led with 34% market share, while Asia-Pacific recorded the fastest growth at 10.2% CAGR, fueled by booming e-commerce and heavy manufacturing sectors.

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