Global Rough Terrain Lift Truck (RTLT) Market 2018-2022: Increasing Focus on AGVs & Rising Adoption of Telematics - ResearchAndMarkets.com
Jun. 14, 2018
DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The "Global Rough Terrain Lift Truck (RTLT) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The Global rough terrain lift truck (RTLT) market to grow at a CAGR of 2.14% during the period 2018-2022.
Global rough terrain lift truck (RTLT) market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of RTLTs such as masted RTLTs and telescopic RTLTs.
The rising adoption of telematics will be a key trend driving the growth of the market. Stakeholders in the construction industry implement technological advances to adopt to the changing economic scenario and improve efficiency. Telematics is gaining prominence as it aids in fleet tracking and managing a group of vehicles.
According to the report, the increased government spending on infrastructure will drive the market growth. The increased spending on public infrastructure also stabilizes the nation's economy that facilitates its growth. This also provides employment opportunities and ensures delivery of important services such as energy, housing, and safe water.
Further, the report states that the increasing equipment rental will impact the market growth. Construction machinery are very expensive and require high initial investment and are not feasible for low-scale projects or for short duration. Numerous construction companies are renting their machinery based on period or requirement of the project.
Market TrendsIncreasing focus on AGVs Rising adoption of telematics
Key vendorsAUSA CNH Industrial HARLO J C Bamford Excavators Liftking Manufacturing Vmax International Group
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Product
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/5jkpxd/global_rough?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180614006074/en/
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Related Topics:Cranes and Lifting Equipment ,Forklifts
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 06/14/2018 02:36 PM/DISC: 06/14/2018 02:36 PM