Telematics Market Global Scenario Forklift Truck Market

Forklift Truck Market Global Scenario, Market Size, Outlook,
Trend and Forecast, 2015-2024
Fork lift truck or fork truck is an industrial truck which is powered to lift and transport
materials in warehouses, shipping depots, manufacturing and many others. After the
World War II, the use and development of forklift truck has increased globally. A forklift
can only load a specified maximum weight and cannot exceed the specifications, which
are also mentioned on a nameplate provided by the manufacture. Overweight of loads
or speed may cause disastrous tip-over accidents. These trucks are addressed in
specific standards for the construction, general industry, marine terminals and
longshoring, For instance, standards provided by the Occupational Safety and Health
Administration (OSHA), an agency of the United States Department of Labour,
compliance information that applied to specific activities, involving loading and
unloading, working with hazardous materials and vehicle maintenance. Forklift trucks
are available in many variations and load capacities, with large machines have capacity
of loading up to 50 tons.
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Need for removing loads from storage and loading and unloading the goods in yards or
at a dock with ease is the principal reason for the growth of the market. Moreover,
growing e-commerce business and expansion of warehouse space and increased are
also expected to drive the market. Lower speed and limited lift capabilities along with