Europe Electric Forklift Market Size Is Projected To Reach USD 44.24 Billion By 2030
San Francisco, 12 Aug 2022: The Report Europe Electric Forklift Market Size, Share & Trends Analysis Report By Product (Counterbalanced, Pallet Trucks, Reach Trucks, Pallet Stackers), By Battery Type, By End Use, By Region, And Segment Forecasts, 2022 - 2030 The Europe electric forklift market size is anticipated to reach USD 44.24 billion by 2030, according to a new study by Grand View Research Inc. It is expected to register a CAGR of 13.0% from 2022 to 2030. Exponential growth in the construction and logistics sector and the increasing demand for eco-friendly, efficient & smart material handling machines are the major factors expected to drive the market growth. Countries such as the U.K. and Germany are witnessing rapid growth majorly due to increasing investments by the government and private players to support infrastructure development in the countries. Thames Tideway Tunnel, Hinkley Point C, and Stonehenge Road Tunnel are some major infrastructure projects in the U