Global Industrial Personnel Burden Carrier (Electric) Market to Reach US$174.6 mn by 2021 due to Rapid Industrialization
Transparency Market Research recently published a research report that offers a comprehensive overview of the global industrial personnel and burden carrier market. The research report, titled “Industrial Personnel and Burden Carrier (Electric) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” analyzes the market with the help of a SWOT analysis and Porter’s five forces analysis. The former identifies the strengths, the weaknesses, the opportunities, and the threats in the market, while the latter explains the threat of new entrants, the threat of substitute products or services, the bargaining power of customers, the bargaining power of suppliers, and the intensity of competitive rivalry.
Browse the full Industrial Personnel and Burden Carrier (Electric) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 report at https://www.transparencymarketresearch.com/industrial-personnel-burden-carrier-electric-market.html
According to the research report, the global personnel and burden carrier (electric) market was worth US$98.9 mn in 2014 and is expected to reach US$174.6 mn by 2021, expanding at a CAGR of 8.2% from 2015 to 2021. The growth of the global industrial personnel and burden carrier (electric) market in the coming years is attributable to the robust industrialization in the emerging economies of Asia Pacific. As the trend is expected to continue, manufacturers around the world are speeding up production in the region.
Furthermore, the growing demand for operational efficiency in factories along with increasing need for electric vehicles is augmenting the industrial personnel and burden carrier (electric) market across the globe. Additionally, this market is also receiving a boost as it offers benefits such as time savings, reduction of manpower, reduced operating costs, and reduced wastage of raw materials, amongst others.
The global industrial personnel and burden carrier (electric) market is segmented on the basis of type, load capacity, and geography. The types include personal carrier and burden carrier. The personnel carrier is further sub-segmented into 2 to 5seater, 5 to 10seater, and 10seater and above. On the other hand, burden carriers are sub-segmented into sit down and stand up.
The personnel carriers can carry up to 500 lbs to 2000 lbs, 2000 lbs to 5000 lbs, and 5000 lbs and above, while the burden carriers have a load capacity of 1000 lbs, 1000 lbs to 5000 lbs, 5000 lbs to 10,000 lbs, and 10,000 lbs and above. Geographically, this market is segmented into North America, Asia Pacific, Europe, and Rest of the World.
Some of the important players in the global industry personnel and burden carrier (electric) market are Columbia ParCar Corporation, Bradshaw Electric Vehicles, Cushman Inc., Suzhou Eagle Electric Vehicle Manufacturing Co., Ltd, E-Z-GO, Pack Mule, Taylor-Dunn Manufacturing Company, Club Car, Motrec Inc., and Clark Material Handling Company Inc. The research report gives a fair outlook of the competitive landscape of this market. Furthermore, it also assesses the financial overview of the companies, their research and development activities, anticipates their strategic mergers and acquisitions, and provides an understanding of their investment outlook for the near future
Global Industrial Personnel and Burden Carrier (Electric) Market: By Type
- Personnel Carrier
- 2 to 5Seater
- 5 to 10Seater
- 10Seater and above
- Burden Carrier
- Stand Up
- Sit Down
Global Industrial Personnel and Burden Carrier (Electric) Market: By Load Capacity
- Personnel Carrier
- 500 lbs to 2000 lbs
- 2000 lbs to 5000 lbs
- 5000 lbs and above
- Burden Carrier
- Less than 1000 lbs
- 1000 lbs to 5000 lbs
- 5000 lbs to 10,000 lbs
- 10,000 lbs and above
Global Industrial Personnel and Burden Carrier (Electric) Market: By Geography/ Country
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East
- South America
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