Jul 08, 2023
Electric Pallet Jack and Stacker Market Will Reach USD 7,069 Million by 2030, Says P&S Intelligence
News provided by 02 May, 2023, 15:10 BST Share this article NEW YORK, May 2,
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02 May, 2023, 15:10 BST
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NEW YORK, May 2, 2023 /PRNewswire/ -- The revenue of the electric pallet jack and stacker market will rise at a rate of 6.1% in the years to come, to touch USD 7,069 million by 2030.
Operator-Driven Variants Are Preferred
Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/electric-pallet-jack-stacker-market/report-sample
Machines with Lead–Acid Batteries Generate Higher Revenue
Above 2,000 kg Load Category Will Grow Considerably
Browse detailed report on Electric Pallet Jack and Stacker Market Size, Share, Growth, Development and Demand Forecast to 2030
APAC Makes Most Use of Electric Pallet Jacks and Stackers
APAC had the largest revenue share in 2022, of more than 43%, credited to the high acceptance of these solutions for industrial automation.
The fast urbanization and industrialization in China and India are powering the requirement for energy-efficient equipment, such as automated material handling systems.
High Demand from End-Use Industries Powers Sales Growth
End Users' Increasing IoT Investments
To survive in this highly competitive environment, industries are increasing their investments in IoT and automation technologies. This is because these approaches enhance productivity and efficiency, speed up the time to market, and decrease operational expenses.
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