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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PRIME battery regenerators: the only technology and product line-up worldwide that overcomes the technical limitations of battery regeneration.

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Inside The News
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading

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