Discussion:
Market slow down

As the market for materials handling equipment slows down to a trickle will we now see more consolidation with forklift OEM's

The materials handling market is now set to slow down by quite a significant figure and many markets including China will see fall of up to 50% on new equipment. Will this slow down see more and more manufactures either looking to sell their materials handling manufacturing business, or will we see companies Like Toyota looking to pick up more brands on the cheap to improve their product offering
  • Posted 17 Nov 2018 21:07
  • By exalt
  • joined 30 Sep'14 - 433 messages
  • Dubai, United Arab Emirates
Showing items 41 - 50 of 50 results.
@swoop223
Sometimes Nov. & Dec. can see a mini boom at the end of the year due to Federal Government investment tax credit for capital equipment purchases. President G W Bush did during his term in office and President Trump did for the year 2018. As a sale person during those period you could make some nice end of year commissions as the customer bought from the party that could deliver new equipment by 12.31 - price was a secondary issue. Some dealers don't like to have unsold inventory at the end of the year - you snooze you loose.
  • Posted 20 Nov 2018 06:13
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States
this is more like a prediction not a forecast.
liftruck market is always in flux and goes up and down all the time.
at least in the US it does, can't speak for the EU though.
But with the ecomony booming in the US i can't see the market slowing down anytime soon.
Every year it slows down about this time of year anyway due to holidays etc and year end business cycles winding down, businesses always slow down a bit at the end of the year because funds allocations run out for current year budgets and as they prep for future budgets most management curb spending so they can get their annual bonus's etc ;o)

Based on his predictions is he calculating this using fuel market changes? Is he trying to combine his new energy miracle machine into this equation and starting up another angle to this here as well?
Only time will tell, we still need to see this miracle machine and it's market changing tech first don't we?

Not going to hold my breath on this one ;o)
  • Posted 19 Nov 2018 23:53
  • By swoop223
  • joined 23 Mar'12 - 3,691 messages
  • North Carolina, United States
You've been swooped!
swoop223@gmail.com
When I get my transporter beam perfected, there will bee no need for forklifts
  • Posted 19 Nov 2018 22:03
  • By triumphrider
  • joined 31 Jan'11 - 304 messages
  • Texas, United States
Must have one of those "genies in the lamp" working for him/her.
  • Posted 19 Nov 2018 13:34
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States
OK i'll say i believe our forecast will be correct,

Like you say only time will tell and yes it is a forecast,a forecast that i believe will be shown to be correct


But i 100% believe that Diesel powered trucks will account for less than 25% of total market sales by 2024 even in big trucks and mobile container handling
  • Posted 19 Nov 2018 08:35
  • Modified 19 Nov 2018 08:37 by poster
  • By exalt
  • joined 30 Sep'14 - 433 messages
  • Dubai, United Arab Emirates
Exalt how can you say your forecast is correct, it is a forecast basically a prediction, maybe in 6 years you could come back and say it was correct but up to now it is just a forecast.
  • Posted 19 Nov 2018 07:38
  • By heightlift
  • joined 19 Sep'12 - 139 messages
  • North, United Kingdom
What our research has shown us is there is going to be a slow down on all truck till at least 2021 before picking back up again in 2022.

This slow down will be bigger than the last slow down and will affect diesel trucks the most as customers will be unsure of future legalisation

Its has also indicated that by 2024 / 2024 diesel powered forklifts will account for less than 25% of the whole market, this will also include big trucks as well.
  • Posted 18 Nov 2018 18:24
  • By exalt
  • joined 30 Sep'14 - 433 messages
  • Dubai, United Arab Emirates
While diesel auto sales have declined petrol cars now represent 61.8% (11% increase) of the UK auto market. Forecasts for diesel auto sales in the UK is projected to be 5% of the total sales by 2030. Petrol, hybrid & other alternative fuel cars are taking up taking up the slack of the demise in the diesel auto car - petrol auto sales have increased, hybrids have also increased.
Many years ago in the US diesel engine were common to see in 2.5 ton to 4 ton pneumatic tire and press on solid tire forklifts. Not so much any more.
In the late 1970's diesel cars were popular in the US - but they died the death of a ragged doll, except for pick up (work)trucks. Many pick-ups in the US are driven for pleasure or just to be cool vs pleasure driving pick-ups and have gasoline(aka petrol) fuel engines

Here is an interesting article and the whys & wherefores of the diesel dilemma in the UK
www(dot)bbc(dot)com/news/business-43655703
  • Posted 18 Nov 2018 10:24
  • Modified 18 Nov 2018 11:47 by poster
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States
well johnrj, sorry to tell you that our forecast is right and the market will drop dramatically, Our Investors agree with us on this one and they don't see any market recovery till 2022 / 2023

They are not in our investment for the short term and they are happy with our predicted ROI for after 2023


we are now at the end of nine years of growth and a dramatic fall is going to happen quite quickly starting in 2019 and going into 2020 / 2021

what will drive the recovery in 2022 will be new regulations on new equipment.


If you look at the car market you will see a massive decline in diesel car sales in the UK in the last three months
  • Posted 18 Nov 2018 01:33
  • Modified 18 Nov 2018 01:37 by poster
  • By exalt
  • joined 30 Sep'14 - 433 messages
  • Dubai, United Arab Emirates
This article from Modern Material Handling seems to counter your forecast of doom & gloom for the future. Maybe you need a new crystal ball or your crystal ball is looking beyond 2021.

add www to the link below and replace (dot) with a.

(dot)mmh (dot)com/article/global_forklift_market_to_grow_by_nearly_7_through_2021

Have you informed your new $ investors for your zero emission forklift of your forecast that their ROI might not happen so fast.
  • Posted 17 Nov 2018 22:54
  • Modified 17 Nov 2018 23:02 by poster
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States

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