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Forklift Market Size, Share & Trends Analysis Report by Class (Class 1, Class 2, Class 3, Class 4/5), Power Source (ICE, Electric), Load Capacity (Below 5 Ton, 5-15 Ton), Region, and Segment Forecasts, 2024-2030

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    Report

  • 120 Pages
  • January 2024
  • Region: Global
  • Grand View Research
  • ID: 5595774
Description Jump to:
The global forklift market is expected to reach USD 154.99 billion by 2030 and is anticipated to expand at a CAGR of 13.5% from 2024 to 2030. The e-commerce industry has experienced significant growth due to factors such as increased disposable income, widespread internet access, and enhanced shopping convenience. This surge in online shopping, coupled with unpredictable shipping and shopping patterns, as well as direct-to-customer shipments, has led to a substantial increase in retail sales. Hence, this growth in retail sales has brought about a noticeable transformation in warehouse operations. Warehouses are tasked with fulfilling substantial orders for individual items. This shift necessitates greater efficiency among warehouse workers and forklifts in the processes of locating, selecting, and transporting goods within the warehouse space.

Manufacturers such as Toyota Material Handling and Hyster-Yale Materials Handling, Inc. are focusing on investing heavily in R&D activities to manufacture technologically advanced autonomous forklifts. Hyster-Yale Materials Handling, Inc. integrates forklifts with systems such as Enterprise Resource Planning (ERP) and Warehouse Management System (WMS), offering employees a complete real-time view of the automated forklift. In addition, manufacturers aim to reduce the dependency of autonomous forklifts on guide wires, magnets, and lasers. Autonomous forklifts provide stable and consistent performance. These machines may reduce the cost of finding as well as onboarding a new workforce. They decrease product damage and reduce the ergonomic impact of physically demanding and monotonous work tasks for warehouse workers.

Forklift suppliers are constantly upgrading the technologies used in forklifts to provide advanced features, such as operator assist, improved ergonomics, and onboard programming and diagnostics. For instance, in October 2022, Toyota Material Handling (TMH), a forklift manufacturer and warehousing solutions provider, launched an updated version of its 3-Wheel Electric Forklift featuring Toyota Assist's SEnS+ pedestrian detection technology to detect objects and pedestrians within the detection range. Other features included enhanced energy efficiency to allow for a 40% longer run time on a single charge, an auto power mode to detect slopes and automatically switch to a higher power mode to maintain speed, and a lithium-ion battery to minimize maintenance costs and reduce downtime for improved productivity. These enhancements were designed to enable operators to be more productive while incurring a lower cost of ownership over the forklift’s lifespan.

Forklift Market Report Highlights

  • The class 3 led the market in 2023 in terms of revenue. Due to the growing demand from small and medium-sized warehouses for material loading and unloading, the market is anticipated to gain momentum.
  • The below 5 segment is expected to register the highest CAGR over the period. The segment growth is owing to their versatility, compactness, and cost-effectiveness, among others making them a valuable asset for end-use industries seeking flexible and efficient material handling solutions.
  • The lithium-ion segment is anticipated to register the highest CAGR over the forecast period. These batteries are broadly used in electric forklifts as they provide longer lifespan, higher energy density, and faster charging capabilities.
  • Retail & e-commerce is expected to register the highest growth rate over the forecast period. As businesses strive to optimize their supply chain operations and enhance productivity, they invest in advanced warehousing facilities. As a result, the need for efficient forklifts has grown substantially.
  • Asia-Pacific dominated the market in 2023. Companies in the region are incorporating smart technologies such as IoT sensors, telematics, and AI-driven fleet management systems into forklifts. These innovations enable real-time monitoring, predictive maintenance, and optimized route planning, driving better decision-making and cost savings for end-use industries.
  • In February 2023, Anhui Heli Co., Ltd. announced the launch of the H4 lithium battery forklift. The lithium-ion battery forklifts are included in the 1.5 tons - 3.8 tons category and have an ergonomic design, prioritizing operators' comfort, and enhanced efficiency. The product launch is expected to assist the company in expanding its electric forklift portfolio.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Methodology segmentation & scope
1.2. Information procurement
1.2.1. Purchased Database
1.2.2. Internal Database
1.2.3. Secondary Sources & Third-Party Perspectives
1.2.4. Primary Research
1.3. Information analysis
1.3.1. Data Analysis Models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
Chapter 2. Executive Summary
2.1. Forklift Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Forklift Market Variables, Trends & Scope
3.1. Market lineage outlook
3.2. Industry value chain analysis
3.3. Market dynamics
3.3.1. Market driver analysis
3.3.1.1. Increasing construction activities and port development
3.3.1.2. Increasing demand from e-commerce sector
3.3.2. Market challenge analysis
3.3.2.1. Fluctuating prices of raw material
3.3.3. Market opportunity analysis
3.3.3.1. Introduction of autonomous vehicle technology for material handling
3.4. Business environment analysis tools
3.4.1. Porter’s five forces analysis
3.4.2. PESTEL analysis
Chapter 4. Forklift Market Class Outlook
4.1. Forklift market share by class, 2023 & 2030 (Volume Units; USD Million)
4.2. Class 1
4.2.1. Class 1 Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
4.3. Class 2
4.3.1. Class 2 Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
4.4. Class 3
4.4.1. Class 3 Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
4.5. Class4/5
4.5.1. Class 4/5 Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
Chapter 5. Forklift Market Power Source Outlook
5.1. Forklift market share by power source, 2023 & 2030 (Volume Units; USD Million)
5.2. Electric
5.2.1. Electric Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
5.3. ICE
5.3.1. ICE Forklift Market estimates and forecast, 2018-2030 (Volume Units; USD Million)
Chapter 6. Forklift Market Load Capacity Outlook
6.1. Forklift market share by load capacity, 2023 & 2030 (USD Million)
6.2. Below 5 Ton
6.2.1. Below 5 Ton Forklift Market estimates and forecast, 2018-2030 (USD Million)
6.3. 5-15 Ton
6.3.1. 5-15 Ton Forklift Market estimates and forecast, 2018-2030 (USD Million)
6.4. Above 16 Ton
6.4.1. Above 16 Ton Forklift Market estimates and forecast, 2018-2030 (USD Million)
Chapter 7. Forklift Market Electric Battery Type Outlook
7.1. Forklift market share by electric battery type, 2023 & 2030 (USD Million)
7.2. Li-ion
7.2.1. Market estimates and forecast, 2018-2030 (USD Million)
7.3. Lead Acid
7.3.1. Market estimates and forecast, 2018-2030 (USD Million)
Chapter 8. Forklift Market End Use Outlook
8.1. Forklift market share by end use, 2023 & 2030 (USD Million)
8.2. Industrial
8.2.1. Market estimates and forecast, 2018-2030 (USD Million)
8.3. Logistics
8.3.1. Market estimates and forecast, 2018-2030 (USD Million)
8.4. Chemical
8.4.1. Market estimates and forecast, 2018-2030 (USD Million)
8.5. Food & Beverage
8.5.1. Market estimates and forecast, 2018-2030 (USD Million)
8.6. Retail & E-Commerce
8.6.1. Market estimates and forecast, 2018-2030 (USD Million)
8.7. Others
8.7.1. Market estimates and forecast, 2018-2030 (USD Million)
Chapter 9. Forklift Market: Regional Outlook
9.1. Forklift Market Share by Region, 2023 & 2030 (USD Million)
9.2. North America
9.2.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.2.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.2.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.2.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.2.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.2.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.2.7. U.S.
9.2.7.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.2.7.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.2.7.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.2.7.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.2.7.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.2.7.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.2.8. Canada
9.2.8.1. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.2.8.2. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.2.8.3. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.2.8.4. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.2.8.5. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.3. Europe
9.3.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.3.2. Market Estimates and Forecast by Class, 2018-2030 (USD Million)
9.3.3. Market Estimates and Forecast by Power Source, 2018-2030 (USD Million)
9.3.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.3.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.3.7. U.K.
9.3.7.1. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.3.7.2. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.3.7.3. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.7.4. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.3.7.5. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.3.8. Germany
9.3.8.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.3.8.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.3.8.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.3.8.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.8.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.3.9. France
9.3.9.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.3.9.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.3.9.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.3.9.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.9.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.3.10. Italy
9.3.10.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.3.10.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.3.10.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.3.10.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.10.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.3.11. Spain
9.3.11.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.3.11.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.3.11.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.3.11.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.3.11.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4. Asia-Pacific
9.4.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.2. Market Estimates and Forecast by Class, 2018-2030 (USD Million)
9.4.3. Market Estimates and Forecast by Power Source, 2018-2030 (USD Million)
9.4.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.4.7. China
9.4.7.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.7.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.4.7.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.4.7.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.7.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4.8. India
9.4.8.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.8.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.4.8.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.4.8.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.8.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4.9. Japan
9.4.9.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.9.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.4.9.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.4.9.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.9.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4.10. Australia
9.4.10.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.10.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.4.10.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.4.10.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.10.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.4.11. South Korea
9.4.11.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.4.11.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.4.11.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.4.11.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.4.11.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.5. Latin America
9.5.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.5.2. Market Estimates and Forecast by Class, 2018-2030 (USD Million)
9.5.3. Market Estimates and Forecast by Power Source, 2018-2030 (USD Million)
9.5.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.5.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.5.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.5.7. Brazil
9.5.7.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.5.7.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.5.7.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.5.7.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.5.7.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.5.8. Mexico
9.5.8.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.5.8.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.5.8.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.5.8.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.5.8.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.5.9. Argentina
9.5.9.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.5.9.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.5.9.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.5.9.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.5.9.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.6. Middle East & Africa
9.6.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.6.2. Market Estimates and Forecast by Class, 2018-2030 (USD Million)
9.6.3. Market Estimates and Forecast by Power Source, 2018-2030 (USD Million)
9.6.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.6.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.6.6. Market Estimates and Forecast by End-use, 2018-2030 (USD Million)
9.6.7. U.A.E.
9.6.7.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.6.7.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.6.7.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.6.7.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.6.7.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.6.8. Saudi Arabia
9.6.8.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.6.8.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.6.8.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.6.8.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.6.8.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
9.6.9. South Africa
9.6.9.1. Market Estimates and Forecast, 2018-2030 (USD Million)
9.6.9.2. Market Estimates and Forecast by Class, 2018-2030 (Volume Units; USD Million)
9.6.9.3. Market Estimates and Forecast by Power Source, 2018-2030 (Volume Units; USD Million)
9.6.9.4. Market Estimates and Forecast by Load Capacity, 2018-2030 (USD Million)
9.6.9.5. Market Estimates and Forecast by Electric Battery Type, 2018-2030 (USD Million)
Chapter 10. Competitive Landscape
10.1. Company Categorization
10.2. Company Market Share Analysis, 2022
10.3. Company Heat Map Analysis
10.4. Strategy Mapping
10.5. Company Profiles (Overview, Financial Performance, Product Benchmarking)
10.5.1. Anhui Heli Co., Ltd.
10.5.1.1. Company Overview
10.5.1.2. Financial Performance
10.5.1.3. Product Benchmarking
10.5.1.4. Recent Developments
10.5.2. Clark Material Handing Company, (Clark Equipment Company)
10.5.2.1. Company Overview
10.5.2.2. Financial Performance
10.5.2.3. Product Benchmarking
10.5.2.4. Recent Developments
10.5.3. Crown Equipment Corporation
10.5.3.1. Company Overview
10.5.3.2. Financial Performance
10.5.3.3. Product Benchmarking
10.5.3.4. Recent Developments
10.5.4. Doosan Corporation
10.5.4.1. Company Overview
10.5.4.2. Financial Performance
10.5.4.3. Product Benchmarking
10.5.4.4. Recent Developments
10.5.5. Hangcha Forklift
10.5.5.1. Company Overview
10.5.5.2. Financial Performance
10.5.5.3. Product Benchmarking
10.5.5.4. Recent Developments
10.5.6. Hyster-Yale Materials Handling, Inc.(Hyster-Yale Group, Inc.)
10.5.6.1. Company Overview
10.5.6.2. Financial Performance
10.5.6.3. Product Benchmarking
10.5.6.4. Recent Developments
10.5.7. Jungheinrich AG
10.5.7.1. Company Overview
10.5.7.2. Financial Performance
10.5.7.3. Product Benchmarking
10.5.7.4. Recent Developments
10.5.8. KION Group AG
10.5.8.1. Company Overview
10.5.8.2. Financial Performance
10.5.8.3. Product Benchmarking
10.5.8.4. Recent Developments
10.5.9. Komatsu Ltd.
10.5.9.1. Company Overview
10.5.9.2. Financial Performance
10.5.9.3. Product Benchmarking
10.5.9.4. Recent Developments
10.5.10. Mitsubishi Logisnext Co., Ltd.
10.5.10.1. Company Overview
10.5.10.2. Financial Performance
10.5.10.3. Product Benchmarking
10.5.10.4. Recent Developments
10.5.11. Toyota Motor Corporation (Toyota Material Handling)
10.5.11.1. Company Overview
10.5.11.2. Financial Performance
10.5.11.3. Product Benchmarking
10.5.11.4. Recent Developments
List of Tables
Table 1 Forklift market - Industry snapshot & key buying criteria, 2018-2030
Table 2 Global forklift market, 2018-2030 (USD Million)
Table 3 Global forklift market, by region, 2018-2030 (USD Million)
Table 4 Global forklift market, by component, 2018-2030 (USD Million)
Table 5 Global forklift market, by product, 2018-2030 (USD Million)
Table 6 Global forklift market, by end-use, 2018-2030 (USD Million)
Table 7 Vendor landscape
Table 8 Class 1 forklift market, 2018-2030 (USD Million)
Table 9 Class 1 forklift market, by region, 2018-2030 (Units)
Table 10 Class 2 forklift market, 2018-2030 (USD Million)
Table 11 Class 2 forklift market, by region, 2018-2030 (Units)
Table 12 Class 3 forklift market, 2018-2030 (USD Million)
Table 13 Class 3 forklift market, by region, 2018-2030 (Units)
Table 14 Class 4/5 forklift market, 2018-2030 (USD Million)
Table 15 Class 4/5 forklift market 2018-2030 (Units)
Table 16 ICE forklift market, 2018-2030 (USD Million)
Table 17 ICE forklift market, 2018-2030 (Units)
Table 18 Electric forklift market, 2018-2030 (USD Million)
Table 19 Electric forklift market, 2018-2030 (Units)
Table 20 Below 5 ton market, 2018-2030 (USD Million)
Table 21 Below 5 ton market, 2018-2030 (USD Million)
Table 22 5-15 Ton forklift market, 2018-2030 (USD Million)
Table 23 5-15 Ton forklift market, by region, 2018-2030 (USD Million)
Table 24 Above 16 Ton forklift market, 2018-2030 (USD Million)
Table 25 Above 16 Ton forklift market, by region, 2018-2030 (USD Million)
Table 26 Li-ion forklift market, 2018-2030 (USD Million)
Table 27 Li-ion forklift market, by region, 2018-2030 (USD Million)
Table 28 Lead-Acid forklift market, 2018-2030 (USD Million)
Table 29 Lead-Acid forklift market, by region, 2018-2030 (USD Million)
Table 30 Industrial forklift market, 2018-2030 (USD Million)
Table 31 Industrial forklift market, by region, 2018-2030 (USD Million)
Table 32 Logistics forklift market, 2018-2030 (USD Million)
Table 33 Logistics forklift market, by region, 2018-2030 (USD Million)
Table 34 Chemical forklift market, 2018-2030 (USD Million)
Table 35 Chemical forklift market, by region, 2018-2030 (USD Million)
Table 36 Food & Beverage forklift market, 2018-2030 (USD Million)
Table 37 Food & Beverage forklift market, by region, 2018-2030 (USD Million)
Table 38 Retail & E-Commerce forklift market, 2018-2030 (USD Million)
Table 39 Retail & E-Commerce forklift market, by region, 2018-2030 (USD Million)
Table 40 Others forklift market, 2018-2030 (USD Million)
Table 41 Others forklift market, by region, 2018-2030 (USD Million)
Table 42 North America forklift market, 2018-2030 (USD Million)
Table 43 North America forklift market, by Class, 2018-2030 (USD Million)
Table 44 North America forklift market, by Power Source, 2018-2030 (USD Million)
Table 45 North America forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 46 North America forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 47 North America forklift market, by end-use, 2018-2030 (USD Million)
Table 48 The U.S. forklift market, 2018-2030 (USD Million)
Table 49 The U.S. forklift market, by Class, 2018-2030 (USD Million)
Table 50 The U.S. forklift market, by Power Source, 2018-2030 (USD Million)
Table 51 The U.S. forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 52 The U.S. forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 53 The U.S. forklift market, by End-use, 2018-2030 (USD Million)
Table 54 Canada forklift market, 2018-2030 (USD Million)
Table 55 Canada forklift market, by Class, 2018-2030 (USD Million)
Table 56 Canada forklift market, by Power Source, 2018-2030 (USD Million)
Table 57 Canada forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 58 Canada forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 59 Canada forklift market, by End-use, 2018-2030 (USD Million)
Table 60 Europe forklift market, 2018-2030 (USD Million)
Table 61 Europe forklift market, by Class, 2018-2030 (USD Million)
Table 62 Europe forklift market, by Power Source, 2018-2030 (USD Million)
Table 63 Europe forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 64 Europe forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 65 Europe forklift market, by End-use, 2018-2030 (USD Million)
Table 66 Germany forklift market, 2018-2030 (USD Million)
Table 67 Germany forklift market, by Class, 2018-2030 (USD Million)
Table 68 Germany forklift market, by Power Source, 2018-2030 (USD Million)
Table 69 Germany forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 70 Germany forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 71 Germany forklift market, by End-use, 2018-2030 (USD Million)
Table 72 The U.K. forklift market, 2018-2030 (USD Million)
Table 73 The U.K. forklift market, by Class, 2018-2030 (USD Million)
Table 74 The U.K. forklift market, by Power Source, 2018-2030 (USD Million)
Table 75 The U.K. forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 76 The U.K. forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 77 The U.K. forklift market, by End-use, 2018-2030 (USD Million)
Table 78 France forklift market, 2018-2030 (USD Million)
Table 79 France forklift market, by Class, 2018-2030 (USD Million)
Table 80 France forklift market, by Power Source, 2018-2030 (USD Million)
Table 81 France forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 82 France forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 83 France forklift market, by End-use, 2018-2030 (USD Million)
Table 84 Italy forklift market, 2018-2030 (USD Million)
Table 85 Italy forklift market, by Class, 2018-2030 (USD Million)
Table 86 Italy forklift market, by Power Source, 2018-2030 (USD Million)
Table 87 Italy forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 88 Italy forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 89 Italy forklift market, by End-use, 2018-2030 (USD Million)
Table 90 Spain forklift market, 2018-2030 (USD Million)
Table 91 Spain forklift market, by Class, 2018-2030 (USD Million)
Table 92 Spain forklift market, by Power Source, 2018-2030 (USD Million)
Table 93 Spain forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 94 Spain forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 95 Spain forklift market, by End-use, 2018-2030 (USD Million)
Table 96 Asia-Pacific forklift market, 2018-2030 (USD Million)
Table 97 Asia-Pacific forklift market, by Class, 2018-2030 (USD Million)
Table 98 Asia-Pacific forklift market, by Power Source, 2018-2030 (USD Million)
Table 99 Asia-Pacific forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 100 Asia-Pacific forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 101 Asia-Pacific forklift market, by End-use, 2018-2030 (USD Million)
Table 102 China forklift market, 2018-2030 (USD Million)
Table 103 China forklift market, by Class, 2018-2030 (USD Million)
Table 104 China forklift market, by Power Source, 2018-2030 (USD Million)
Table 105 China forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 106 China forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 107 China forklift market, by End-use, 2018-2030 (USD Million)
Table 108 India forklift market, 2018-2030 (USD Million)
Table 109 India forklift market, by Class, 2018-2030 (USD Million)
Table 110 India forklift market, by Power Source, 2018-2030 (USD Million)
Table 111 India forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 112 India forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 113 India forklift market, by End-use, 2018-2030 (USD Million)
Table 114 Japan forklift market, 2018-2030 (USD Million)
Table 115 Japan forklift market, by Class, 2018-2030 (USD Million)
Table 116 Japan forklift market, by Power Source, 2018-2030 (USD Million)
Table 117 Japan forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 118 Japan forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 119 Japan forklift market, by End-use, 2018-2030 (USD Million)
Table 120 Australia forklift market, 2018-2030 (USD Million)
Table 121 Australia forklift market, by Class, 2018-2030 (USD Million)
Table 122 Australia forklift market, by Power Source, 2018-2030 (USD Million)
Table 123 Australia forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 124 Australia forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 125 Australia forklift market, by End-use, 2018-2030 (USD Million)
Table 126 South Korea forklift market, 2018-2030 (USD Million)
Table 127 South Korea forklift market, by Class, 2018-2030 (USD Million)
Table 128 South Korea forklift market, by Power Source, 2018-2030 (USD Million)
Table 129 South Korea forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 130 South Korea forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 131 South Korea forklift market, by End-use, 2018-2030 (USD Million)
Table 132 Latin America forklift market, 2018-2030 (USD Million)
Table 133 Latin America forklift market, by Class, 2018-2030 (USD Million)
Table 134 Latin America forklift market, by Power Source, 2018-2030 (USD Million)
Table 135 Latin America forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 136 Latin America forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 137 Latin America forklift market, by End-use, 2018-2030 (USD Million)
Table 138 Brazil forklift market, 2018-2030 (USD Million)
Table 139 Brazil forklift market, by Class, 2018-2030 (USD Million)
Table 140 Brazil forklift market, by Power Source, 2018-2030 (USD Million)
Table 141 Brazil forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 142 Brazil forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 143 Brazil forklift market, by End-use, 2018-2030 (USD Million)
Table 144 Mexico forklift market, 2018-2030 (USD Million)
Table 145 Mexico forklift market, by Class, 2018-2030 (USD Million)
Table 146 Mexico forklift market, by Power Source, 2018-2030 (USD Million)
Table 147 Mexico forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 148 Mexico forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 149 Mexico forklift market, by End-use, 2018-2030 (USD Million)
Table 150 Argentina forklift market, 2018-2030 (USD Million)
Table 151 Argentina forklift market, by Class, 2018-2030 (USD Million)
Table 152 Argentina forklift market, by Power Source, 2018-2030 (USD Million)
Table 153 Argentina forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 154 Argentina forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 155 Argentina forklift market, by End-use, 2018-2030 (USD Million)
Table 156 Middle East & Africa forklift market, 2018-2030 (USD Million)
Table 157 Middle East & Africa forklift market, by Class, 2018-2030 (USD Million)
Table 158 Middle East & Africa forklift market, by Power Source, 2018-2030 (USD Million)
Table 159 Middle East & Africa forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 160 Middle East & Africa forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 161 Middle East & Africa forklift market, by End-use, 2018-2030 (USD Million)
Table 162 The U.A.E. forklift market, 2018-2030 (USD Million)
Table 163 The U.A.E. forklift market, by Class, 2018-2030 (USD Million)
Table 164 The U.A.E. forklift market, by Power Source, 2018-2030 (USD Million)
Table 165 The U.A.E. forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 166 The U.A.E. forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 167 The U.A.E. forklift market, by End-use, 2018-2030 (USD Million)
Table 168 Saudi Arabia forklift market, 2018-2030 (USD Million)
Table 169 Saudi Arabia forklift market, by Class, 2018-2030 (USD Million)
Table 170 Saudi Arabia forklift market, by Power Source, 2018-2030 (USD Million)
Table 171 Saudi Arabia forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 172 Saudi Arabia forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 173 Saudi Arabia forklift market, by End-use, 2018-2030 (USD Million)
Table 174 South Africa forklift market, 2018-2030 (USD Million)
Table 175 South Africa forklift market, by Class, 2018-2030 (USD Million)
Table 176 South Africa forklift market, by Power Source, 2018-2030 (USD Million)
Table 177 South Africa forklift market, by Load Capacity, 2018-2030 (USD Million)
Table 178 South Africa forklift market, by Electric Battery Type, 2018-2030 (USD Million)
Table 179 South Africa forklift market, by End-use, 2018-2030 (USD Million)
List of Figures
Fig. 1. Market segmentation and scope
Fig. 2. Forklift market, 2018-2030 (USD Million)
Fig. 3. Forklift market - Value chain analysis
Fig. 4. Forklift market - Market dynamics
Fig. 5. Forklift market - Key market driver impact
Fig. 6. Forklift market - Key market restraint impact
Fig. 7. Forklift market - Key opportunities prioritized.
Fig. 8. Forklift market - Porter’s five forces analysis
Fig. 9. Forklift market - PESTEL analysis
Fig. 10. Forklift market, by class, 2023
Fig. 11. Forklift market, by power source, 2023
Fig. 12. Forklift market, by load capacity, 2023
Fig. 13. Forklift market, by electric battery type, 2023
Fig. 14. Forklift market, by end-use, 2023
Fig. 15. Forklift market, by region, 2023
Fig. 16. Forklift market - Regional takeaways
Fig. 17. North America forklift market - Key takeaways
Fig. 18. Europe forklift market - Key takeaways
Fig. 19. Asia-Pacific forklift market - Key takeaways
Fig. 20. Latin America forklift market - Key takeaways
Fig. 21. Middle East & Africa forklift market - Key takeaways

Companies Mentioned

  • Anhui Heli Co., Ltd.
  • Clark Material Handing Company, (Clark Equipment Company)
  • Crown Equipment Corporation
  • Doosan Corporation
  • Hangcha Forklift
  • Hyster-Yale Materials Handling, Inc.(Hyster-Yale Group, Inc.)
  • Jungheinrich AG
  • KION Group AG
  • Komatsu Ltd.
  • Mitsubishi Logisnext Co., Ltd.
  • Toyota Motor Corporation (Toyota Material Handling)

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedJanuary 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 65.16 Billion
Forecasted Market Value ( USD ) by 2030 $ 154.99 Billion
Compound Annual Growth Rate13.5%
Regions CoveredGlobal
No. of Companies Mentioned11

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