World Handling and Lifting Equipment Market to Grow 3.8 % Annually from 2014 to 2018
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global handling and lifting equipment industry is forecast to reach 3.8% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 4.6%. Currently, lifting frames, derricks and cranes account for 18.2% of the global demand while the remaining market share is divided between forklift trucks and other work trucks (17.9%),...
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