Impact of electric forklift market, the most important factor

With the U.S. credit rating downgrade, the international economic turmoil again and again, but China's economic growth but still occur, especially in most of the industrial sectors there has been sustained growth. For example, the manufacture and sale of forklifts. 2008 by the financial crisis, the global economic downturn, China's policy of stimulating domestic demand through government, investment funds, to stimulate the market in 2009, China's electric forklift sales growth rate as high as 62%. 2010, China forklift truck market growth rate reached 68.34%.

Impact of electric forklift market, the most important factor is the rising labor costs, so some factories, storage centers prefer to use electric forklifts to reduce costs, thereby promoting the sale of electric forklift upgrade. As China's manufacturing sector continues to strengthen, mechanization and automation of the process continues to accelerate, rising labor costs, stimulate demand for electric forklifts, prompting the traditional construction machinery manufacturers have begun putting in a lot of effort and resources to the development of electric forklift.

As China's electric electric pallet jack market demand increasing in recent years, more and more foreign companies to enter the Chinese investment and production, and in China have occupied a space. Nonetheless, most of the domestic market is mainly domestic truck manufacturers account. Because domestic brands in the price, quality and service there is a clear advantage. Most important factor is the price factor, but this is not conducive to long-term development of Chinese forklift market. At present, China's diesel forklift occupy the lion's share of the market, but with the food, beverage, materials, retail and the continuous development of railways, electric forklift would have made great progress, with the requirements of environmental protection penetrate hearts, environmental requirements increasingly stringent deepening of urbanization, new energy, industrial vehicles and electric industrial vehicles market will gradually replace the existing market economy.