Technology News & Trends

  Forklift Tire Market: Introduction The global  forklift tire market  is estimated to expand at a CAGR of  ~5%  and surpass  US$ 3.3 Bn  by  2030 , driven by the increase in adoption of forklifts across industries to improve productivity and safety of workers. The forklift tire market is largely concentrated in East Asia, Europe, and North America, owing to the presence of large industries in the region. Increasing industrialization in Latin America and Middle East & Africa is anticipated to boost the adoption of forklifts in these regions and subsequently, drive the global forklift tire market during the forecast period. Expansion of Forklift Tire Market The advent of e-Commerce and rising digitalization have fueled the logistics sector boosting the demand for forklifts in warehouses. The expansion of retail and online shopping ventures is expected to drive the forklift tire market. Rise of industries in developing countries, owing to the av...

Forklift Tire Market: Introduction The global  forklift tire market  is estimated to expand at a CAGR of  ~5%  and surpass  US$ 3.3 Bn  by  2030 , driven by the increase in adoption of forklifts across industries to improve productivity and safety of workers. The forklift tire market is largely concentrated in East Asia, Europe, and North America, owing to the presence of large industries in the region. Increasing industrialization in Latin America and Middle East & Africa is anticipated to boost the adoption of forklifts in these regions and subsequently, drive the global forklift tire market during the forecast period. Expansion of Forklift Tire Market The advent of e-Commerce and rising digitalization have fueled the logistics sector boosting the demand for forklifts in warehouses. The expansion of retail and online shopping ventures is expected to drive the forklift tire market. Rise of industries in developing countries, owing to the a...