Focused Market for Focused Success
The global material handling market is valued at $20B. And in North America alone, the total addressable markets for class-1, -2 and -3 trucks equates to over 200,000 units.
Plug Power has identified specific markets within the material handling industry in which our products provide the most benefit and quickest return on investment. It's the deep understanding of our customers which allows Plug Power to develop the right products to meet their needs.
Key Markets Include:
High Throughput Food Distribution Centers are found in locations in major metropolitan areas and typically involve:
- Mix of class-2 reach and class-3 pallet trucks
- High labor costs
- High energy costs
- 2 to 3 shifts per day
Consumer and Retail Distribution Centers typically involve:
- Mix of class-1 counterbalanced, class-2 reach and class-3 pallet trucks
- High labor costs
- High energy costs
- 2 shifts per day
Manufacturing Facilities are found in more rural locations and typically involve:
- A majority of class-1 counterbalanced trucks
- Large labor forces
- Large energy consumption