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TRENDS IN THE FORKLIFT INDUSTRY 2023

TRENDS IN THE FORKLIFT INDUSTRY 2023

In 2023 the global warehousing and logistics industry is set to grow even further as the demand for online shopping expands, and it is expected that there will be a corresponding growth in the forklift truck industry to meet this need. Coupled with this are the increased need for energy savings, cost efficiencies and sustainability, all of which mean the forklift truck industry will need to continue to evolve in 2023 as new technologies and innovations take shape. Here is our round up of the key trends to look out for over the coming months:

ELECTRIC FORKLIFTS

One of the biggest trends in the forklift truck industry is the increasing adoption of electric forklifts. Electric forklifts are powered by batteries rather than fossil fuels, which makes them more environmentally friendly and cost-effective to operate. They also tend to be quieter and emit fewer emissions than their combustion engine counterparts, making them a popular choice for indoor operations. The growing demand for sustainable and low-emission equipment is going to push forward the market for electric forklifts, which is expected to see significant growth in 2023.


AUTOMATION & ROBOTICS

Another trend that is expected to gain momentum in 2023 is the use of automation and robotics. Automated forklifts are becoming more prevalent in warehouses and distribution centres, as they can move goods more quickly and efficiently than manual forklifts. They also reduce the risk of human error and injury, which makes them a safer option for warehouses and distribution centres. In addition, robotic arms and other specialised equipment are being developed to help with material handling and to automate specific tasks, it will help companies to increase their productivity and efficiency.


CONNECTIVITY

Companies are starting to use data analytics, sensor technology and IoT (Internet of Things) to gather data from their forklifts, which allows them to better understand their operations and make more informed decisions. This means that connectivity is fast becoming an important trend in the forklift truck industry. Connectivity enables companies to optimise their fleet of forklifts, improve the productivity and efficiency of their operations and reduce downtime. Companies are also using telematics and GPS to track their forklifts, which helps them to improve their safety, compliance, and record-keeping.


USED FORKLIFTS

The demand for used forklifts has been buoyant in 2022 and is expected to continue to increase in 2023. Used forklifts can be an excellent alternative to purchasing new equipment, as they are often significantly less expensive. The market for used forklifts will grow as more companies look to reduce their costs and as the demand for forklifts in general increases.

In conclusion, the forklift truck industry is constantly evolving, with new technologies and innovations being introduced every year. As we move through the year, we can expect to see a growing adoption of electric forklifts, an increasing use of automation and robotics, and a greater emphasis on connectivity. The use of data analytics, sensor technology, and the Internet of Things will continue to help companies optimise their operations and improve their productivity and efficiency. Additionally, companies will continue to look for ways to reduce costs, with an increasing demand for used forklifts.

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