According to our (Global Info Research) latest study, the global Forklifts & Lift Trucks market size was valued at USD 23650 million in 2023 and is forecast to a readjusted size of USD 33860 million by 2030 with a CAGR of 5.3% during review period.
Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the forklift truck market.
This report mainly focuses on the new forklift trucks equipment, instead of service, rental, etc.
Global Electric Forklift Truck key manufacturers are Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli and Hangcha, global top nine player have a share over 80 percent in 2019.
The Global Info Research report includes an overview of the development of the Forklifts & Lift Trucks industry chain, the market status of Warehouses (Class 1 Forklift Trucks, Class 2 Forklift Trucks), Factories (Class 1 Forklift Trucks, Class 2 Forklift Trucks), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Forklifts & Lift Trucks.
Regionally, the report analyzes the Forklifts & Lift Trucks markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Forklifts & Lift Trucks market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Forklifts & Lift Trucks market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Forklifts & Lift Trucks industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Class 1 Forklift Trucks, Class 2 Forklift Trucks).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Forklifts & Lift Trucks market.
Regional Analysis: The report involves examining the Forklifts & Lift Trucks market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Forklifts & Lift Trucks market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Forklifts & Lift Trucks:
Company Analysis: Report covers individual Forklifts & Lift Trucks manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Forklifts & Lift Trucks This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Warehouses, Factories).
Technology Analysis: Report covers specific technologies relevant to Forklifts & Lift Trucks. It assesses the current state, advancements, and potential future developments in Forklifts & Lift Trucks areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Forklifts & Lift Trucks market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Forklifts & Lift Trucks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Class 1 Forklift Trucks
Class 2 Forklift Trucks
Class 3 Forklift Trucks
Class 4/5 Forklift Trucks
Market segment by Application
Warehouses
Factories
Distribution Centers
Airports
Others
Major players covered
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale
Anhui Heli
Hangcha
Clark Material Handling
Doosan Corporation Industrial Vehicle
Komatsu
Lonking
Hyundai Heavy Industries
EP Equipment
Manitou
Paletrans Equipment
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Forklifts & Lift Trucks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Forklifts & Lift Trucks, with price, sales, revenue and global market share of Forklifts & Lift Trucks from 2019 to 2024.
Chapter 3, the Forklifts & Lift Trucks competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Forklifts & Lift Trucks breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Forklifts & Lift Trucks market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Forklifts & Lift Trucks.
Chapter 14 and 15, to describe Forklifts & Lift Trucks sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Forklifts & Lift Trucks. Industry analysis & Market Report on Forklifts & Lift Trucks is a syndicated market report, published as Global Forklifts & Lift Trucks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Forklifts & Lift Trucks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.