According to a report from Evolve Business Intelligence, The global forklift battery market size was valued at $4.3 billion in 2018, and is projected to reach $7.4 billion by 2026, growing at a CAGR of 8% from 2019 to 2026.source https://www.openpr.com/news/2599253/forklift-battery-market-analysis-and-forecast-to-2028-covid-19