Forklift Tires Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Published: May 2022 Pages: 130 SKU: IRTNTR73558

The predicted growth of the forklift tires market share from 2021 to 2026 is USD 731.56 million at a progressing CAGR of 5.99%.

This forklift tires market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The forklift tires market report also offers information on several market vendors, including Advance Tire Inc., Balkrishna Industries Ltd., Bridgestone Corp., CEAT Ltd., Continental AG, Hankook Tire and Technology Co. Ltd., HEXPOL AB, Michelin Group, NEXEN TIRE Corp., The Goodyear Tire and Rubber Co., Titan International Inc., Toyota Motor Corp., Trelleborg AB, TVS Srichakra Ltd., Velox Tyres Pvt. Ltd., Yokohama Rubber Co. Ltd., and Nokian Tyres Plc among others.

This report extensively covers forklift tires market segmentation by:

  • Class Type - Class 4 and 5, Class 32, Class 31, Class 1, and Class 2
  • Geography - APAC, Europe, North America, South America, and Middle East and Africa

What will the Forklift Tires Market Size be During the Forecast Period?

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Forklift Tires Market: Key Drivers, Trends, and Challenges

The increasing demand and production for commercial vehicles is notably driving the forklift tires market growth, although factors such as the price fluctuations of rubber may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the forklift tires industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Forklift Tires Market Driver

One of the key factors driving growth in the forklift tires market is the increasing demand and production for commercial vehicles. Sales of commercial cars are on a positive trajectory and seeing strong support from emerging markets. Sales of commercial cars have gone up substantially in emerging economies such as India, Brazil, and Mexico. The demand for sports utility vehicles (SUVs) is increasing in both developed markets such as the US and emerging ones, including China. This has surged demand for forklifts for material handling applications in manufacturing units of the automotive industry. The effective use of these advanced safety systems in manufacturing units of commercial vehicles to perform efficiently, with performance levels also depending on the quality of tires fitted. Commercial vehicle manufacturers focus strongly on forklifts for machine handling activities in automotive manufacturing units, and this is driving the sale of forklift tires. Thus, the growth in demand for commercial vehicles will drive growth in the global forklift tires market.

Key Forklift Tires Market Trend

The use of 3-dimensional (3D) printing is a forklift tires market trend that is expected to have a positive impact in the coming years. Automakers and component manufacturers are developing 3D printing techniques to reduce manufacturing costs and curb pollution levels ensuing from the production process. In October 2021, MICHELIN developed Unique Puncture-proof Tire System (Uptis) Airless Tire with 3D printing technology using biodegradable materials. The company is planning to launch this 3D tire by 2024 in the market. The Goodyear Tire & Rubber Company also announced to test tire manufacturing using 3D printing technology on an autonomous truck in Florida, the US. The growing adoption of 3D printing technology for manufacturing tires will have a positive impact on the global forklift tires market.

Key Forklift Tires Market Challenge

The price fluctuations of rubber will be a major challenge for the forklift tires market during the forecast period. Rubber constitutes one of the primary raw materials in many industries globally. The consumption of rubber in the automotive industry is significant as it is mainly used to manufacture tires. However, fluctuations in rubber prices can create volatility in the prices of associated raw materials and adversely impact industry stakeholders across the value chain. Market dynamics and price fluctuations in the global rubber industry have implications on the global forklift tires market as well. The major natural rubber-producing countries have been required to reduce their production capacity due to the fluctuations in rubber prices. A reduction in exports along with changing regulations in major natural rubber-producing countries is expected to affect the tires industry negatively and challenge the growth of the global forklift tires market during the forecast period.

This forklift tires market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global forklift tires market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forklift tires market during the forecast period.

Who are the Major Forklift Tires Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Advance Tire Inc.
  • Balkrishna Industries Ltd.
  • Bridgestone Corp.
  • CEAT Ltd.
  • Continental AG
  • Hankook Tire and Technology Co. Ltd.
  • HEXPOL AB
  • Michelin Group
  • NEXEN TIRE Corp.
  • The Goodyear Tire and Rubber Co.
  • Titan International Inc.
  • Toyota Motor Corp.
  • Trelleborg AB
  • TVS Srichakra Ltd.
  • Velox Tyres Pvt. Ltd.
  • Yokohama Rubber Co. Ltd.
  • Nokian Tyres Plc

 

This statistical study of the forklift tires market encompasses successful business strategies deployed by the key vendors. The forklift tires market is fragmented and the vendors are deploying growth strategies such as expanding their product lines and strengthening their manufacturing capacities to compete in the market.

Product Insights and News

  • advancetires.com - The company offers forklift tires such as Sunbear solid tires.

  • advancetires.com - Under the unified segment, the company offers products such as cushion tires, solid loader tires, and solid skid steer tires, and mini loader tires.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The forklift tires market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Forklift Tires Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the forklift tires market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Forklift Tires Market?

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66% of the market's growth will originate from APAC during the forecast period. India, Japan, and China are the key markets for forklift tires in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing industrialization and rapid urbanization in China, India, South Korea, Japan, Malaysia, and Australia will facilitate the forklift tires market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic slowed down the growth of the various manufacturing industries in the region in 2020, which negatively impacted the regional forklift tires market. However, in the fourth quarter of 2020, owing to the initiation of COVID-19 vaccination drives, business activities were resumed, with social distancing guidelines and sanitization rules in place, which supported the growth of the regional forklift tires market in 2021. Further, the regional forklift tires market is anticipated to grow at a steady rate due to the rapid expansion of retail and e-commerce industries in developing economies such as India, Thailand, Singapore, and China. 

What are the Revenue-generating Class Type Segments in the Forklift Tires Market?

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The forklift tires market share growth by the class 4 and 5 segment will be significant during the forecast period. The class 4 segment of the global forklift tires market comprises forklift trucks that have internal combustion engines (ICEs) and use either solid or cushion tires.  The loading capacity of the class 4 forklift trucks is in the range of 1-10 tons, while specialty models with a loading capacity of 50 tons are also available in the market. The class 5 forklift is similar to a class 4 forklift but with different tires. A class 5 lift truck uses pneumatic tires designed for rough surfaces and outdoor use. The loading capacity of class 5 forklift trucks is in the range of 1-27.5 tons, thus making them capable of handling a wide range of material weights. Therefore, the segment is expected to witness high growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the forklift tires market size and actionable market insights on post COVID-19 impact on each segment.

 

Forklift Tires Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.99%

Market growth 2022-2026

$ 731.56 million

Market structure

Fragmented

YoY growth (%)

5.75

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 66%

Key consumer countries

US, China, India, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Advance Tire Inc., Balkrishna Industries Ltd., Bridgestone Corp., CEAT Ltd., Continental AG, Hankook Tire and Technology Co. Ltd., HEXPOL AB, Michelin Group, NEXEN TIRE Corp., The Goodyear Tire and Rubber Co., Titan International Inc., Toyota Motor Corp., Trelleborg AB, TVS Srichakra Ltd., Velox Tyres Pvt. Ltd., Yokohama Rubber Co. Ltd., and Nokian Tyres Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Forklift Tires Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive forklift tires market growth during the next five years
  • Precise estimation of the forklift tires market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the forklift tires industry across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of forklift tires market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Class Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Class Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Class Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Class Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Class Type
      • Exhibit 26: Chart on Comparison by Class Type
      • Exhibit 27: Data Table on Comparison by Class Type
    • 5.3 Class 4 and 5 - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Class 4 and 5 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Class 4 and 5 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Class 4 and 5 - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Class 4 and 5 - Year-over-year growth 2021-2026 (%)
    • 5.4 Class 32 - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Class 32 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Class 32 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Class 32 - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Class 32 - Year-over-year growth 2021-2026 (%)
    • 5.5 Class 31 - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Class 31 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Class 31 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Class 31 - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Class 31 - Year-over-year growth 2021-2026 (%)
    • 5.6 Class 1 - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Class 1 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Class 1 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Class 1 - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Class 1 - Year-over-year growth 2021-2026 (%)
    • 5.7 Class 2 - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Class 2 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Data Table on Class 2 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 46: Chart on Class 2 - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Class 2 - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Class Type
      • Exhibit 48: Market opportunity by Class Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 US - Market size and forecast 2021-2026
      • Exhibit 82: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 Advance Tire Inc.
              • Exhibit 101: Advance Tire Inc. - Overview
              • Exhibit 102: Advance Tire Inc. - Product / Service
              • Exhibit 103: Advance Tire Inc. - Key offerings
            • 10.4 CEAT Ltd.
              • Exhibit 104: CEAT Ltd. - Overview
              • Exhibit 105: CEAT Ltd. - Business segments
              • Exhibit 106: CEAT Ltd. - Key offerings
              • Exhibit 107: CEAT Ltd. - Segment focus
            • 10.5 Continental AG
              • Exhibit 108: Continental AG - Overview
              • Exhibit 109: Continental AG - Business segments
              • Exhibit 110: Continental AG - Key news
              • Exhibit 111: Continental AG - Key offerings
              • Exhibit 112: Continental AG - Segment focus
            • 10.6 Hankook Tire and Technology Co. Ltd.
              • Exhibit 113: Hankook Tire and Technology Co. Ltd. - Overview
              • Exhibit 114: Hankook Tire and Technology Co. Ltd. - Product / Service
              • Exhibit 115: Hankook Tire and Technology Co. Ltd. - Key offerings
            • 10.7 Michelin Group
              • Exhibit 116: Michelin Group - Overview
              • Exhibit 117: Michelin Group - Business segments
              • Exhibit 118: Michelin Group - Key offerings
              • Exhibit 119: Michelin Group - Segment focus
            • 10.8 NEXEN TIRE Corp.
              • Exhibit 120: NEXEN TIRE Corp. - Overview
              • Exhibit 121: NEXEN TIRE Corp. - Product / Service
              • Exhibit 122: NEXEN TIRE Corp. - Key offerings
            • 10.9 Nokian Tyres Plc
              • Exhibit 123: Nokian Tyres Plc - Overview
              • Exhibit 124: Nokian Tyres Plc - Business segments
              • Exhibit 125: Nokian Tyres Plc - Key news
              • Exhibit 126: Nokian Tyres Plc - Key offerings
              • Exhibit 127: Nokian Tyres Plc - Segment focus
            • 10.10 Trelleborg AB
              • Exhibit 128: Trelleborg AB - Overview
              • Exhibit 129: Trelleborg AB - Business segments
              • Exhibit 130: Trelleborg AB - Key news
              • Exhibit 131: Trelleborg AB - Key offerings
              • Exhibit 132: Trelleborg AB - Segment focus
            • 10.11 Velox Tyres Pvt. Ltd.
              • Exhibit 133: Velox Tyres Pvt. Ltd. - Overview
              • Exhibit 134: Velox Tyres Pvt. Ltd. - Product / Service
              • Exhibit 135: Velox Tyres Pvt. Ltd. - Key offerings
            • 10.12 Yokohama Rubber Co. Ltd.
              • Exhibit 136: Yokohama Rubber Co. Ltd. - Overview
              • Exhibit 137: Yokohama Rubber Co. Ltd. - Business segments
              • Exhibit 138: Yokohama Rubber Co. Ltd. - Key news
              • Exhibit 139: Yokohama Rubber Co. Ltd. - Key offerings
              • Exhibit 140: Yokohama Rubber Co. Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 11.5 List of abbreviations
                • Exhibit 147: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              forklift tires market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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