World market posts single-digit growth

News Story
- 15 Aug 2013 ( #629 ) - Hamburg, Germany
1 min read
The world materials handling equipment market grew by 4% in the first half of 2013, consisting of 507,800 forklifts compared to 489,200 units in the same period last year.

World Industrial Truck statistics recorded demand in Europe declined by 2% - Western Europe experienced a 3% slump while Eastern Europe's market volume expanded by 5%. The Asian market swelled by 4%; China contributed an 8% growth rate. The North American market experienced a marked increase, growing by 10%.

German forklift manufacturer Jungheinrich Group posted that, in the first half of this year, its incoming orders were slightly higher year-on-year, totalling EUR1.169 billion/USD1.553 billion (2012: EUR1.140 billion/USD1.515 billion). In the second quarter of 2013, the group's incoming orders grew 4% from EUR560 million (USD740 million) to EUR582 million (USD773 million).
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Previously about:
World market advanced in third quarter News Story - 20 Nov 2014 - Hamburg, Germany - 1 min read
What’s on show at CeMAT 2014? News Story - 3 Apr 2014 - Hannover, Germany - 2 min read
Jungheinrich reports growth for all divisions News Story - 13 Sep 2012 - Hamburg, Germany - 2 min read
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Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

As the material handling industry moves toward electrification, Volvo Penta’s electromobility platform offers purpose-built electric drivelines and energy storage subsystems tailored to the practical needs of industrial applications. Developed by the Volvo Group, this platform builds on proven technology already in use across heavy-duty applications such as trucks and construction equipment.

Visit us at TOC Europe - Booth C24.