The global used electric forklift market has been expanding rapidly due to increasing industrial automation, sustainability initiatives, and cost-effective logistics solutions. As industries prioritize eco-friendly and energy-efficient equipment, the demand for second-hand electric forklifts has surged. This article explores the market size, growth potential, and key trends, including the transition from fuel-powered forklifts to lithium battery systems and the shift from lead-acid batteries to lithium iron phosphate (LiFePO4). Market Size and Growth Prospects The global forklift market, including both new and used equipment, is projected to grow significantly, driven by e-commerce, warehousing, and manufacturing expansion. According to industry reports, the used electric forklift segment is expected to grow steadily due to the following factors: Cost Efficiency – Many businesses, especially small and medium enterprises (SMEs), prefer used forklifts as they offer subst...