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The forklift trucks market is forecasted to grow by USD 26.87 billion during 2024-2029, accelerating at a CAGR of 7.7% during the forecast period. The report on the forklift trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in construction sector, rapid growth in E-commerce retail, and high growth potential in emerging markets.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The forklift trucks market is segmented as below:
By Class Type
- Class III
- Class V
- Class I
- Class II
- Class IV
By Type
- Electric
- Internal combustion engine
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the forklift trucks market covers the following areas:
- Forklift Trucks Market sizing
- Forklift Trucks Market forecast
- Forklift Trucks Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Class Type
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global forklift trucks market: Anhui Heli Co. Ltd., BYD Co. Ltd., Cargotec Corp., Caterpillar Inc., CLARK Material Handling Co., Crown Equipment Corp., CVS FERRARI Spa, Dana Inc., EP Equipment Co. Ltd., Hoist Material Handling Inc., Hyster Yale Materials Handling Inc., Jungheinrich Group, KION GROUP AG, Komatsu Ltd., Konecranes, Manitou BF SA, Mitsubishi Heavy Industries Ltd., Royal Terberg Group BV, Sany Group, and Toyota Industries Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is fuel cell-powered forklift trucks."
According to the report, one of the major drivers for this market is the rapid growth in construction sector.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anhui Heli Co. Ltd.
- BYD Co. Ltd.
- Cargotec Corp.
- Caterpillar Inc.
- CLARK Material Handling Co.
- Crown Equipment Corp.
- CVS FERRARI Spa
- Dana Inc.
- EP Equipment Co. Ltd.
- Hoist Material Handling Inc.
- Hyster Yale Materials Handling Inc.
- Jungheinrich Group
- KION GROUP AG
- Komatsu Ltd.
- Konecranes
- Manitou BF SA
- Mitsubishi Heavy Industries Ltd.
- Royal Terberg Group BV
- Sany Group
- Toyota Industries Corp.