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The publisher has been monitoring the forklift battery market and it is poised to grow by $ 2.28 bn during 2021-2025, progressing at a CAGR of over 4% during the forecast period. The report on the forklift battery 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for electric forklift applications, growth of global e-commerce market, and the growth of the construction industry.
The forklift battery market analysis includes the type segment and geographic landscape.
The forklift battery market is segmented as below:
By Type
- Lead-acid battery
- Li-on battery
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- MEA
This study identifies the legislative support for battery recycling as one of the prime reasons driving the forklift battery market growth during the next few years. Also, the growing demand for VRLA batteries and increasing adoption of AGVs will lead to sizable demand in the market.
The report on forklift battery market covers the following areas:
- Forklift battery market sizing
- Forklift battery market forecast
- Forklift battery market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading forklift battery market vendors that include Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Batteries Ltd., Camel Group Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Flux Power Holdings Inc., GS Yuasa Corp., Narada Power Source Co. Ltd., and Trojan Battery Co. LLC. Also, the forklift battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
Executive Summary- Market overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Lead-acid battery - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
- Amara Raja Batteries Ltd.
- Camel Group Co. Ltd.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Exide Industries Ltd.
- Flux Power Holdings Inc.
- GS Yuasa Corp.
- Narada Power Source Co. Ltd.
- Trojan Battery Co. LLC
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2020 - 2025 ($ million)
- Global market: Year-over-year growth 2020 - 2025 (%)
- Five forces analysis 2020 & 2025
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2020
- Type - Market share 2020-2025 (%)
- Comparison by Type
- Lead-acid battery - Market size and forecast 2020-2025 ($ million)
- Lead-acid battery - Year-over-year growth 2020-2025 (%)
- Li-on battery - Market size and forecast 2020-2025 ($ million)
- Li-on battery - Year-over-year growth 2020-2025 (%)
- Market opportunity by Type
- Customer landscape
- Market share By Geographical Landscape 2020-2025 (%)
- Geographic comparison
- Europe - Market size and forecast 2020-2025 ($ million)
- Europe - Year-over-year growth 2020-2025 (%)
- North America - Market size and forecast 2020-2025 ($ million)
- North America - Year-over-year growth 2020-2025 (%)
- APAC - Market size and forecast 2020-2025 ($ million)
- APAC - Year-over-year growth 2020-2025 (%)
- South America - Market size and forecast 2020-2025 ($ million)
- South America - Year-over-year growth 2020-2025 (%)
- MEA - Market size and forecast 2020-2025 ($ million)
- MEA - Year-over-year growth 2020-2025 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Overview
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Product and service
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Key offerings
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Key customers
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Segment focus
- Amara Raja Batteries Ltd. - Overview
- Amara Raja Batteries Ltd. - Business segments
- Amara Raja Batteries Ltd. - Key offerings
- Amara Raja Batteries Ltd. - Key customers
- Amara Raja Batteries Ltd. - Segment focus
- Camel Group Co. Ltd. - Overview
- Camel Group Co. Ltd. - Product and service
- Camel Group Co. Ltd. - Key offerings
- Camel Group Co. Ltd. - Key customers
- Camel Group Co. Ltd. - Segment focus
- East Penn Manufacturing Co. Inc. - Overview
- East Penn Manufacturing Co. Inc. - Business segments
- East Penn Manufacturing Co. Inc. - Key offerings
- East Penn Manufacturing Co. Inc. - Key customers
- East Penn Manufacturing Co. Inc. - Segment focus
- EnerSys - Overview
- EnerSys - Business segments
- EnerSys - Key offerings
- EnerSys - Key customers
- EnerSys - Segment focus
- Exide Industries Ltd. - Overview
- Exide Industries Ltd. - Business segments
- Exide Industries Ltd. - Key offerings
- Exide Industries Ltd. - Key customers
- Exide Industries Ltd. - Segment focus
- Flux Power Holdings Inc. - Overview
- Flux Power Holdings Inc. - Product and service
- Flux Power Holdings Inc. - Key offerings
- Flux Power Holdings Inc. - Key customers
- Flux Power Holdings Inc. - Segment focus
- GS Yuasa Corp. - Overview
- GS Yuasa Corp. - Business segments
- GS Yuasa Corp. - Key offerings
- GS Yuasa Corp. - Key customers
- GS Yuasa Corp. - Segment focus
- Narada Power Source Co. Ltd. - Overview
- Narada Power Source Co. Ltd. - Business segments
- Narada Power Source Co. Ltd. - Key offerings
- Narada Power Source Co. Ltd. - Key customers
- Narada Power Source Co. Ltd. - Segment focus
- Trojan Battery Co. LLC - Overview
- Trojan Battery Co. LLC - Product and service
- Trojan Battery Co. LLC - Key offerings
- Trojan Battery Co. LLC - Key customers
- Trojan Battery Co. LLC - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global forklift battery market: Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Batteries Ltd., Camel Group Co. Ltd., East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Flux Power Holdings Inc., GS Yuasa Corp., Narada Power Source Co. Ltd., and Trojan Battery Co. LLC.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is legislative support for battery recycling.`
According to the report, one of the major drivers for this market is the increasing demand for electric forklift applications.
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:
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
- Amara Raja Batteries Ltd.
- Camel Group Co. Ltd.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Exide Industries Ltd.
- Flux Power Holdings Inc.
- GS Yuasa Corp.
- Narada Power Source Co. Ltd.
- Trojan Battery Co. LLC
