Chile Forklifts Market Growth and Scope - 2031
Chile Forklifts Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 766.62 Million |
Market Size by 2031 | US$ 1,711.91 Million |
Global CAGR (2023 - 2031) | 10.56% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Chile
|
Market leaders and key company profiles |
Chile Forklifts Market News and Recent Developments
The Chile forklifts market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Cyngn Inc. (a pioneer in AI-powered autonomous driving solutions for industrial settings) and Arauco (a global sustainable forestry products, pulp, and engineered wood provider for the construction and furniture sectors) announced the continuation of their partnership with a paid pre-order agreement. Cyngn announced that Arauco made a commitment to purchase 100 DriveMod Forklifts on August 8, a testament to Arauco's dedication to automating their material handling processes within wood and pulp manufacturing facilities. (Source: Kayflow, Press Release, September 2023)
- Komatsu Ltd. developed and unveiled a concept machine for an electric forklift powered by sodium-ion batteries, ready to start PoC tests at customer worksites from March 2024. This marks Komatsu's inaugural venture into equipping machines with sodium-ion batteries, and it is also a pioneering effort in the world to install them on forklifts. The forthcoming site trials aim to validate the optimal usage based on the new battery's performance and its unique characteristics, with an eye toward future commercial production. (Source: Komatsu Ltd, Press Release, March 2024)
Chile Forklifts Market Report Coverage and Deliverables
The “Chile Forklifts Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Chile forklifts market size and forecast at country levels for all the key market segments covered under the scope
- Chile forklifts market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Chile forklifts market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Chile forklifts market
- Detailed company profiles