The Materials Handling market is about to change. With only around six or seven of the world's manufactures serving. With in the next 10 years most warehouse will be completely different Companies like KION of China DAMATIC or TOYOTA of Japan VANDERLANDE will dominate the warehouse business with hole turnkey products. Pallet trucks, reach trucks VNA truck will all be replaced with automated equipment.
Counter balance forklift sales will also decline and be replaced with complete handling systems that will be able to move products around a facility with out the need of an operator. Out side the facility there will also be big changes Both Diesel and electric forklifts will be replaced with 100% zero emission products that will have much longer ranges then electric forklifts and will be able to handle loads up to 72,000kg while being 100% zero emission. Companies Like Hyster who have backed Hydrogen to the tune of up to $260 million investment will see this disappear as hydrogen forklifts wont be able to compete with the new technologies that will offer lower cost's ,no need for high pressure systems ,be less explosive and more cost effective than hydrogen.
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