Industrial Vehicles Market: Global Industry Analysis and Forecast (2024-2030)

Industrial Vehicles Market size was valued at US$ 47.02 Bn. in 2023 and the total revenue is expected to grow at 4.7 % of CAGR through 2024 to 2030, reaching nearly US$ 64.85 Bn.
Market Overview:

Industrial vehicles are designed to transport products and processing equipment to storage locations for raw materials and manufactured items as well as warehouse distribution centres. This industrial vehicle is designed to attach specialized heavy equipment vehicles and is available in a range of sizes. Due to their affordability, compactness, environmental friendliness, dependability, and efficiency, battery-operated industrial vehicles are now becoming more and more popular compared to those powered by internal combustion engines and gas