Inside the News - Edition #806

Allan Leibowitz -
Inside the News
- 2 Feb 2017 ( #806 )
1 min read
We sometimes get so caught up in detail that we overlook the big picture. That's why it's important to take note of analysis like the industry forecast that we include this week.
The report estimates that the global forklift market will reach USD51 billion by 2022, growing at 6.6% per year.
Specifically, it anticipates that electric forklifts will surge ahead - and that's not taking into account the rapid rise of battery technology.
And, for those looking at market potential, the report predicts the continuing growth of the Asia Pacific market, which was already dominant in 2015.
The bottom line is that we are in a growth industry and can look forward to an ongoing upward trend.
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These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export