Smart Charging and Battery Tech Advancements Fueling Forklift Battery Demand
The global Forklift Battery Market was valued at USD 5.65 billion in 2023 and is anticipated to expand from USD 5.91 billion in 2024 to USD 8.40 billion by 2031. This growth reflects a robust Compound Annual Growth Rate (CAGR) of 5.15% during the forecast period. Factors driving this growth include the increasing demand for electric forklifts, advancements in battery technology, and a growing...
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