According to the latest market size report, the global market for small skid steer loaders was approximately 65.3 billion RMB in 2023 and is expected to reach 59.2 billion RMB by 2030, with a compound annual growth rate (CAGR) of -1.2%. This indicates potential market contraction in the coming

The global material handling equipment market is expected to grow from $227.4 billion in 2023 to $342 billion by 2030, with a compound annual growth rate (CAGR) of 6.0% during this period. Material handling equipment refers to machines used to transport, store, manage, and protect materials, goo

Among the products of industrial engineering machinery, Shangqi diesel forklifts stand out for their excellent performance and durability, especially in harsh environments. With their robust design and powerful engines, these machines are ideal for outdoor operations, construction sites and challen

Advances in automation are being integrated into electric pallet trucks to develop automated forklifts capable of navigating through warehouses. Load and unload cargo and perform tasks where manual handling is required. These innovations aim to improve the efficiency and safety of warehouse handling

Shangqi’s 1.6-3.5 ton lithium battery forklifts exemplify the best of this new generation of equipment. With their large-capacity batteries, advanced operating systems, and compact designs, they offer an ideal solution for businesses looking to enhance productivity, reduce costs, and embrace sustainability.