Forklift Market Developments in Autonomous Material Handling
Karls Scott06 Apr, 2026Business
The global forklift market size was estimated at USD 81.44 billion in 2025 and is projected to reach USD 212.63 billion by 2033, growing at a CAGR of 12.7% from 2026 to 2033. The rapid shift toward electric forklifts, growth of automation and autonomous forklifts, and growing demand from e-commerce and warehouse sector are major drivers behind the growth of the global forklift industry.
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