Forklift batteries require high power and energy density. Lead-acid batteries were commonly used in forklifts. However, Li-ion batteries are also now being used in forklifts.
The warehousing application segment held the largest battery market share. According to this forklift battery industry research report, the segment will account for the maximum demand for warehousing forklifts, forklift chargers, and forklift batteries throughout the forecast period owing to the increasing number of warehouses across the globe, particularly, due to the continuous growth of the E-commerce industry.
The APAC dominated the market. Owing to the growing demand for batteries in emerging economies including China and India, this region will continue to dominate the market during the next few years as well.
In 2019, the market size of Forklift Battery is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Forklift Battery.
This report studies the global market size of Forklift Battery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Forklift Battery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Exide Technologies
Saft
East Penn Manufacturing
EnerSys
Hoppecke Batterien
Johnson Controls
Crown Battery
Navitas System
Trojan Battery
Chloride Batteries
Storage Battery Systems
Market Segment by Product Type
Lead-Acid Battery
Li-Ion Battery
Other
Market Segment by Application
Warehousing
Manufacturing
Construction
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Forklift Battery status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Forklift Battery manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Forklift Battery are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Forklift Battery. Industry analysis & Market Report on Forklift Battery is a syndicated market report, published as Global (United States, European Union and China) Forklift Battery Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Forklift Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.