Europe Industrial Vehicles Market (2020-2026) | Growth, Value, Analysis, Size, Share, Forecast, Outlook, Trends, Revenue, Companies, COVID-19 IMPACT & Industry

Europe Industrial Vehicles Market is expected to witness growth over the coming years. In Europe, the increasing investment in technological advancements and the increasing e-commerce activities is boosting the demand for the industrial vehicles market. Further, the increase in the need of transporting temperature-sensitive products and increasing port activities fuels the demand for industrial vehicles. The demand for container handlers is high in emerged countries in Europe which can be attributed to the requirement to enhance lifting heights to enable goods to be stacked at greater heights, which has boosted the demand for reliable and technologically advanced industrial vehicles. Moreover, the European Union has prompted manufacturers to offer fuel-efficient equipment with lower emissions which have increased the demand for industrial vehicles. Furthermore, industrialization has also boosted the market growth for this region because of its growing trend.

According to 6Wresearch, Europe Industrial Vehicles Market size is anticipated to register growth during 2020-26. Increasing digitalization and technological advancement in Europe has increased growth in the industrial vehicles market. Moreover, the rising e-commerce market has increased the demand for marine, air, and land cargo transportation which is directly increasing the number of industrial vehicles required. Germany, France, the United Kingdom and the rest of Europe are key growth regions for the industrial vehicles market. Further, Germany, France and the United Kingdom have the concept of driverless industrial vehicles that are gaining popularity in these regions which has created cost efficiency in the industrial vehicle market. Additionally, an increase in construction sites, warehouses, recycling operations, dockyards, snowploughs has increased the demand for the industrial vehicles market. However, the Covid-19 pandemic has had a swift and severe impact on the sales revenue of market leaders, market followers of the industrial vehicles market.

Based on product type, the Europe market is bifurcated into aisle trucks, forklifts, container handlers, and tow tractors. The container handlers segment is dominating the market due to large material handling, high reliability. Based on the drive type, the ICE segment holds the largest share in the industrial vehicles market due to better acceleration, lift speeds and lower maintenance costs.

The Europe Industrial Vehicles Market report thoroughly covers the market by product type, drive type, application and countries including Germany, France,, Italy, United Kingdom and the rest of Europe. The industrial vehicles market outlook report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Europe Industrial Vehicles Market Outlook
• Europe Industrial Vehicles Market Overview
• Europe Industrial Vehicles Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Europe Industrial Vehicles Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Drive Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Italy Industrial Vehicles Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Germany Industrial Vehicles Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for United Kingdom and Europe Industrial Vehicles Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for France Industrial Vehicles Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Europe Industrial Vehicles Market
• Market Drivers and Restraints
• Europe Industrial Vehicles Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Europe Industrial Vehicles Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Drive Type:
• Internal Combustion Engine
• Battery-operated
• Gas-powered
• By Application:
• Industrial
• Cargo
• By Product Type:
• Forklift
• Tow Truck
• Aisle Truck
• Container Handler
• By Countries:
• United Kingdom
• Italy
• France
• Germany
• Rest of Europe

Frequently Asked Questions About the Market Study (FAQs):