The global Forklifts Market was valued at USD 22,980 million in 2024 and is projected to reach USD 31,048.09 million by 2032. This growth represents a Compound Annual Growth Rate (CAGR) of 3.40% during the forecast period. Forklifts, also known as fork trucks or lift trucks, are powerful industrial vehicles used for the lifting, transporting, and placing of heavy loads over short distances. The..