Market Overview:
The global platform trucks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for platform trucks from various end-use industries, such as airports, hotels, supermarkets, and others. Additionally, the growing awareness about safety and security is also propelling the growth of this market.
Product Definition:
A platform truck is a piece of industrial equipment that is used to move heavy objects from one place to another. They are typically used in warehouses and factories, where there is a lot of lifting and moving of heavy items. Platform trucks come in a variety of sizes, and can be either manual or powered. Manual platform trucks are pushed or pulled by hand, while powered platform trucks are moved with a motor.
Platform Trucks:
Platform trucks are used to carry heavy loads on flat or slightly sloped surfaces. They are most commonly used in construction, where they can be seen transporting building materials such as steel joists and prefabricated structures to the construction site. Platform trucks also have applications in agriculture, waste handling & recycling industries and more general purpose off-road vehicles for hauling timber, agricultural produce or similar light loads over rough terrain at a reasonable speed.
Platform Storage & Transport Trucks:
Platform storage and transport trucks are used to store materials on the flat or slightly elevated platforms. They are designed for transporting goods from one place to another in a safe manner. The platform storage and transport trucks market is expected to witness significant growth over the forecast period owing to increasing demand for intermodal transportation, growing e-commerce industry, rising urbanization, changing consumer preferences coupled with rapid industrialization in emerging economies including China & India.
Application Insights:
The international airport application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in air passenger traffic which has increased by around 15% from 2013 to 2018 according to OAG Aviation Analytics. Furthermore, expansion of airports across various regions coupled with rising demand for logistics services is expected to drive the industry growth over the coming years.
Hotels are anticipated to be one of the fastest-growing segments owing to increasing tourism activities across various countries including Brazil, China, India and Australia among others which have contributed significantly towards platform trucks¢â‚¬â„¢ adoption rate at hotels or restaurants.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing investments in airport infrastructure and rising demand for food & beverages across the globe. Furthermore, growing population along with increased spending on consumer goods has led supermarkets and retail chains worldwide to increase their fleet size, which will further drive the demand for global platform trucks over the forecast period.
North America accounted for a significant market share in 2017 owing to high adoption of automated technologies by industries such as logistics and warehousing sector in U.S., which is expected favorably impact industry growth over next eight years. Moreover, presence of major companies such as Amazon; Walmart; Kroger; Tyson Foods Inc.; JBS USA Holdings LLC.; Nestle S.A.; PepsiCo Inc.; Coca-Cola Enterprises Inc.
Growth Factors:
- Increasing demand for platform trucks from the automotive and manufacturing industries for material handling and transportation purposes.
- Growing popularity of electric platform trucks, which are environment-friendly and require low maintenance. This is expected to boost the growth of the market in the coming years.
- Rising demand for customized platform trucks from end-users to meet their specific requirements. This is likely to fuel the growth of the market in near future.
- Proliferation of online platforms that offer a wide range of platform trucks at competitive prices, thereby providing impetus to market growth. 5) The increasing trend of warehouse automation is anticipated to create lucrative opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Platform Trucks Market Research Report
By Type
Platform Trucks, Platform Storage & Transport Trucks
By Application
International airport, Hotels, Supermarkets, Others
By Companies
AGAB Pressautomation, Caddie, Emmegi, I-lift Equipment, Quantum Storage, Rubbermaid Commerical, AGAB Pressautomation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Platform Trucks Market Report Segments:
The global Platform Trucks market is segmented on the basis of:
Types
Platform Trucks, Platform Storage & Transport Trucks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
International airport, Hotels, Supermarkets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGAB Pressautomation
- Caddie
- Emmegi
- I-lift Equipment
- Quantum Storage
- Rubbermaid Commerical
- AGAB Pressautomation
Highlights of The Platform Trucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platform Trucks
- Platform Storage & Transport Trucks
- By Application:
- International airport
- Hotels
- Supermarkets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Platform Trucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Platform trucks are a type of truck that have been specifically designed to transport goods on a platform. This allows the truck to move more goods in a shorter amount of time, which can lead to decreased costs and increased efficiency.
Some of the major companies in the platform trucks market are AGAB Pressautomation, Caddie, Emmegi, I-lift Equipment, Quantum Storage, Rubbermaid Commerical, AGAB Pressautomation.
The platform trucks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Platform Trucks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Platform Trucks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Platform Trucks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Platform Trucks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Platform Trucks Market Size & Forecast, 2018-2028
4.5.1 Platform Trucks Market Size and Y-o-Y Growth
4.5.2 Platform Trucks Market Absolute $ Opportunity
Chapter 5 Global Platform Trucks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Platform Trucks Market Size Forecast by Type
5.2.1 Platform Trucks
5.2.2 Platform Storage & Transport Trucks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Platform Trucks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Platform Trucks Market Size Forecast by Applications
6.2.1 International airport
6.2.2 Hotels
6.2.3 Supermarkets
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Platform Trucks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Platform Trucks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Platform Trucks Analysis and Forecast
9.1 Introduction
9.2 North America Platform Trucks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Platform Trucks Market Size Forecast by Type
9.6.1 Platform Trucks
9.6.2 Platform Storage & Transport Trucks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Platform Trucks Market Size Forecast by Applications
9.10.1 International airport
9.10.2 Hotels
9.10.3 Supermarkets
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Platform Trucks Analysis and Forecast
10.1 Introduction
10.2 Europe Platform Trucks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Platform Trucks Market Size Forecast by Type
10.6.1 Platform Trucks
10.6.2 Platform Storage & Transport Trucks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Platform Trucks Market Size Forecast by Applications
10.10.1 International airport
10.10.2 Hotels
10.10.3 Supermarkets
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Platform Trucks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Platform Trucks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Platform Trucks Market Size Forecast by Type
11.6.1 Platform Trucks
11.6.2 Platform Storage & Transport Trucks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Platform Trucks Market Size Forecast by Applications
11.10.1 International airport
11.10.2 Hotels
11.10.3 Supermarkets
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Platform Trucks Analysis and Forecast
12.1 Introduction
12.2 Latin America Platform Trucks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Platform Trucks Market Size Forecast by Type
12.6.1 Platform Trucks
12.6.2 Platform Storage & Transport Trucks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Platform Trucks Market Size Forecast by Applications
12.10.1 International airport
12.10.2 Hotels
12.10.3 Supermarkets
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Platform Trucks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Platform Trucks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Platform Trucks Market Size Forecast by Type
13.6.1 Platform Trucks
13.6.2 Platform Storage & Transport Trucks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Platform Trucks Market Size Forecast by Applications
13.10.1 International airport
13.10.2 Hotels
13.10.3 Supermarkets
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Platform Trucks Market: Competitive Dashboard
14.2 Global Platform Trucks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGAB Pressautomation
14.3.2 Caddie
14.3.3 Emmegi
14.3.4 I-lift Equipment
14.3.5 Quantum Storage
14.3.6 Rubbermaid Commerical
14.3.7 AGAB Pressautomation
