Executive Summary
Azoth Analytics has released a research report titled "Global Forklift Trucks Market (2024 Edition)" which provides a complete analysis of the Global Forklift Trucks industry in terms of market segmentation By Power Source (IC Engine and Electric), By Class (Class 1, Class 2, Class 3, Class 4 and Other Class), By End User Industry (Retail, Logistics, Automotive, Food Industry and Other End User Industries) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.
The Global Forklift Trucks market showcased growth at a CAGR of 3.3% during 2019-2022. The market was valued at USD 50.72 Billion in 2022 which is expected to reach USD 100.04 Billion in 2029. Forklift trucks are utilized in a wide range of industries, including manufacturing, logistics, construction, retail, agriculture, and more. Forklift trucks are essential and are in high demand for efficient material handling within warehouses, manufacturing facilities, distribution centres, and other industrial settings. Their ability to lift, move, and stack loads with precision significantly enhances operational efficiency and also makes the operation organized which makes it time efficient. Furthermore, the boom in e-commerce has driven the demand for forklift trucks, especially in fulfilment centres and warehouses. Forklifts play a crucial role in the quick and accurate movement of goods.
The Global Forklift Trucks Market is expected to grow in the forecast period and is expected to cross the USD 100 Billion mark in 2029. The versatility of forklifts makes them indispensable for material handling in different operational settings. Forklifts contribute to the overall operational optimization of businesses by improving material handling efficiency, reducing downtime, and enhancing the speed of various processes.
The expansion of industrial sectors, such as manufacturing, logistics, e-commerce, and construction, has led to increased demand for forklift trucks. These industries require efficient material handling and movement of goods, driving the need for forklifts. The rapid growth of online shopping and e-commerce has significantly increased the demand for efficient warehousing and distribution centres. Forklift trucks play a vital role in managing inventory, loading/unloading trucks, and organizing storage spaces.
Additionally, due expansion of e-commerce and global supply chains has led to an increased demand for warehousing and logistics services. Forklift trucks play a pivotal role in these operations by facilitating the movement of goods, loading and unloading trucks, and optimizing warehouse space. Furthermore, Forklifts are widely used in manufacturing processes to transport raw materials, components, and finished products. Their versatility makes them valuable for various tasks, including loading and unloading production lines, moving materials between workstations, and handling heavy loads.
The automotive manufacturing industry generated approximately USD 2.52 trillion in revenue in 2022. Forklift trucks are extensively used in automotive manufacturing plants for material handling tasks. They play a crucial role in moving raw materials, components, and finished goods within the manufacturing facility, contributing to the efficiency of production processes. Forklift trucks are utilized in automotive warehouses and distribution centres for the efficient handling of spare parts, components, and finished vehicles. The high demand for automotive products necessitates robust logistics and warehouse operations, driving the need for forklifts.
The high demand for the automotive industry has had a significant impact on the forklift trucks market. This is because many automotive manufacturers require forklifts to transport and handle heavy components and materials in their production processes. As a result, there has been an increase in the demand for forklifts, which has led to an increase in prices. Additionally, the high demand has also led to a shortage of forklifts in some areas, making it difficult for manufacturers to meet customer demand. However, this shortage has also led to an increase in the development of new forklift models and technologies, such as electric and hybrid forklifts, which are more environmentally friendly and offer better performance. Overall, the high demand for the automotive industry has had a positive impact on the forklift trucks market, leading to increased innovation and investment in the industry.
Scope of the Report
- The report analyses the Forklift Trucks Market by Value (USD Billion) and Volume (Million Units).
- The report presents the analysis of the Forklift Trucks Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.
- The report analyses the Forklift Trucks Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa).
- The report analyses the Forklift Trucks Market by Country (United States, Canada, Brazil, Germany, France, United Kingdom, Italy, China, Japan, India).
- The report analyses the Forklift Trucks Market By Power Source (IC Engine and Electric)
- The report analyses the Forklift Trucks Market By Class (Class 1, Class 2, Class 3, Class 4 and Other Class).
- The report analyses the Forklift Trucks Market By End User Industry (Retail, Logistics, Automotive, Food Industry and Other End User Industries).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Power Sources, by mode of operation & by end users.
- Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include of are Toyota Industries Corporation, Kion Group AG, Jungheinrich AG, Mitsubishi Logisnext Co Ltd, Crown Equipment Corp., Hyster-yale Materials Handling Inc., Manitou Group SA, Cargotec, Anhui Heli Co Ltd and Hangcha Group Co Ltd
Global Forklift Trucks Market (2024 Edition): Analysis By Value and Volume, Power Source (IC Engine, Electric), By Class, By End User Industry, By Region, By Country: Market Insights and Forecast (2019-2029)
Table of Contents
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
3. Global Forklift Trucks Market: Historic and Forecast (2019-2029)
3.1 Impact Analysis of Macro Economic Factors on Global Forklift Trucks Market
3.2 Forklift Penetration In Some Regions
3.3 Global Forklift Trucks Market: Dashboard
3.4 Global Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
3.5 Global Forklift Trucks Market: Volume Million Units
3.6 Global Forklift Trucks Market: Market Value Assessment
3.7 Assessment: Degree of Impact of COVID-19 on Global Forklift Trucks Market
3.8 Global Forklift Trucks Market Segmentation: By Power Source
3.8.1 Global Forklift Trucks Market, By Power Source Overview
3.8.2 Global Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Million & CAGR)
3.8.3 Global Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Million & CAGR)
3.9 Global Forklift Trucks Market Segmentation: By Class
3.9.1 Global Forklift Trucks Market, By Class Overview
3.9.2 Global Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Million & CAGR)
3.9.3 Global Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Million & CAGR)
3.9.4 Global Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Million & CAGR)
3.9.4 Global Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Million & CAGR)
3.9.6 Global Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Million & CAGR)
3.10 Global Forklift Trucks Market Segmentation: By End User Industry
3.10.1 Global Forklift Trucks Market, By End User Industry Overview
3.10.2 Global Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Million & CAGR)
3.10.3 Global Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Million & CAGR)
3.10.4 Global Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)
3.10.5 Global Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Million & CAGR)
3.10.6 Global Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)
4. Forklift Trucks Market, Regional Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Forklift Trucks Market: Historic and Forecast (2019-2029)
5.1 Americas Forklift Trucks Market: Snapshot
5.2 Americas Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.3 Americas Forklift Trucks Market: Volume Million Units
5.4 Americas Forklift Trucks Market: Key Factors
5.5 Americas Forklift Trucks Market: Segment Analysis
5.6 Americas Forklift Trucks Market Segmentation: By Power Source
5.6.1 Americas Forklift Trucks Market, By Power Source Overview
5.6.2 Americas Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Million & CAGR)
5.6.3 Americas Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Million & CAGR)
5.7 Americas Forklift Trucks Market Segmentation: By Class
5.7.1 Americas Forklift Trucks Market, By Class Overview
5.7.2 Americas Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Million & CAGR)
5.7.3 Americas Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Million & CAGR)
5.7.4 Americas Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Million & CAGR)
5.7.5 Americas Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Million & CAGR)
5.7.6 Americas Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Million & CAGR)
5.8 Americas Forklift Trucks Market Segmentation: By End User Industry
5.8.1 Americas Forklift Trucks Market, By End User Industry Overview
5.8.2 Americas Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Million & CAGR)
5.8.3 Americas Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Million & CAGR)
5.8.4 Americas Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)
5.8.5 Americas Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Million & CAGR)
5.8.6 Americas Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)
5.9 Americas Forklift Trucks Market Segmentation: By Country
5.9.1 Americas Forklift Trucks Market, by Country Overview
5.9.2 United States Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.2.1 United States Forklift Trucks Market, By Power Source
5.9.2.2 United States Forklift Trucks Market, By Class
5.9.2.3 United States Forklift Trucks Market, By End User Industry
5.9.3 Canada Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.3.1 Canada Forklift Trucks Market, By Power Source
5.9.3.2 Canada Forklift Trucks Market, By Class
5.9.3.3 Canada Forklift Trucks Market, By End User Industry
5.9.4 Brazil Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.4.1 Brazil Forklift Trucks Market, By Power Source
5.9.4.2 Brazil Forklift Trucks Market, By Class
5.9.4.3 Brazil Forklift Trucks Market, By End User Industry
5.9.5 Rest of Americas Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
5.9.5.1 Rest of Americas Forklift Trucks Market, By Power Source
5.9.5.2 Rest of Americas Forklift Trucks Market, By Class
5.9.5.3 Rest of Americas Forklift Trucks Market, By End User Industry
6. Europe Forklift Trucks Market: Historic and Forecast (2019-2029)
6.1 Europe Forklift Trucks Market: Snapshot
6.2 Europe Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.3 Europe Forklift Trucks Market: Volume Million Units
6.4 Europe Forklift Trucks Market: Key Factors
6.5 Europe Forklift Trucks Market: Segment Analysis
6.6 Europe Forklift Trucks Market Segmentation: By Power Source
6.6.1 Europe Forklift Trucks Market, By Power Source Overview
6.6.2 Europe Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Million & CAGR)
6.6.3 Europe Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Million & CAGR)
6.7 Europe Forklift Trucks Market Segmentation: By Class
6.7.1 Europe Forklift Trucks Market, By Class Overview
6.7.2 Europe Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Million & CAGR)
6.7.3 Europe Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Million & CAGR)
6.7.4 Europe Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Million & CAGR)
6.7.5 Europe Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Million & CAGR)
6.7.6 Europe Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Million & CAGR)
6.8 Europe Forklift Trucks Market Segmentation: By End User Industry
6.8.1 Europe Forklift Trucks Market, By End User Industry Overview
6.8.2 Europe Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Million & CAGR)
6.8.3 Europe Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Million & CAGR)
6.8.4 Europe Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)
6.8.5 Europe Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Million & CAGR)
6.8.6 Europe Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)
6.9 Europe Forklift Trucks Market Segmentation: By Country
6.9.1 Europe Forklift Trucks Market, by Country Overview
6.9.2 Germany Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.2.1 Germany Forklift Trucks Market, By Power Source
6.9.2.2 Germany Forklift Trucks Market, By Class
6.9.2.3 Germany Forklift Trucks Market, By End User Industry
6.9.3 United Kingdom Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.3.1 United Kingdom Forklift Trucks Market, By Power Source
6.9.3.2 United Kingdom Forklift Trucks Market, By Class
6.9.3.3 United Kingdom Forklift Trucks Market, By End User Industry
6.9.4 France Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.4.1 France Forklift Trucks Market, By Power Source
6.9.4.2 France Forklift Trucks Market, By Class
6.9.4.3 France Forklift Trucks Market, By End User Industry
6.9.5 Italy Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.5.1 France Forklift Trucks Market, By Power Source
6.9.5.2 France Forklift Trucks Market, By Class
6.9.5.3 France Forklift Trucks Market, By End User Industry
6.9.6 Rest of Europe Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
6.9.6.1 Rest of Europe Forklift Trucks Market, By Power Source
6.9.6.2 Rest of Europe Forklift Trucks Market, By Class
6.9.6.3 Rest of Europe Forklift Trucks Market, By End User Industry
7. Asia Pacific Forklift Trucks Market: Historic and Forecast (2019-2029)
7.1 Asia Pacific Forklift Trucks Market: Snapshot
7.2 Asia Pacific Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.3 Asia Pacific Forklift Trucks Market: Volume Million Units
7.4 Asia Pacific Forklift Trucks Market: Key Factors
7.5 Asia Pacific Forklift Trucks Market: Segment Analysis
7.6 Asia Pacific Forklift Trucks Market Segmentation: By Power Source
7.6.1 Asia Pacific Forklift Trucks Market, By Power Source Overview
7.6.2 Asia Pacific Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Million & CAGR)
7.6.3 Asia Pacific Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Million & CAGR)
7.7 Asia Pacific Forklift Trucks Market Segmentation: By Class
7.7.1 Asia Pacific Forklift Trucks Market, By Class Overview
7.7.2 Asia Pacific Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Million & CAGR)
7.7.3 Asia Pacific Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Million & CAGR)
7.7.4 Asia Pacific Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Million & CAGR)
7.7.5 Asia Pacific Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Million & CAGR)
7.7.6 Asia Pacific Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Million & CAGR)
7.8 Asia Pacific Forklift Trucks Market Segmentation: By End User Industry
7.8.1 Asia Pacific Forklift Trucks Market, By End User Industry Overview
7.8.2 Asia Pacific Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Million & CAGR)
7.8.3 Asia Pacific Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Million & CAGR)
7.8.4 Asia Pacific Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)
7.8.5 Asia Pacific Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Million & CAGR)
7.8.6 Asia Pacific Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)
7.9 Asia Pacific Forklift Trucks Market Segmentation: By Country
7.9.1 Asia Pacific Forklift Trucks Market, by Country Overview
7.9.2 China Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.2.1 China Forklift Trucks Market, By Power Source
7.9.2.2 China Forklift Trucks Market, By Class
7.9.2.3 China Forklift Trucks Market, By End User Industry
7.9.3 Japan Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.3.1 Japan Forklift Trucks Market, By Power Source
7.9.3.2 Japan Forklift Trucks Market, By Class
7.9.3.3 Japan Forklift Trucks Market, By End User Industry
7.9.4 India Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.4.1 India Forklift Trucks Market, By Power Source
7.9.4.2 India Forklift Trucks Market, By Class
7.9.4.3 India Forklift Trucks Market, By End User Industry
7.9.5 Rest of Asia Pacific Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
7.9.5.1 Rest of Asia Pacific Forklift Trucks Market, By Power Source
7.9.5.2 Rest of Asia Pacific Forklift Trucks Market, By Class
7.9.5.3 Rest of Asia Pacific Forklift Trucks Market, By End User Industry
8. Middle East & Africa Forklift Trucks Market: Historic and Forecast (2019-2029)
8.1 Middle East & Africa Forklift Trucks Market: Snapshot
8.2 Middle East & Africa Forklift Trucks Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)
8.3 Middle East and Africa Forklift Trucks Market: Volume Million Units
8.4 Middle East & Africa Forklift Trucks Market: Key Factors
8.5 Middle East & Africa Forklift Trucks Market: Segment Analysis
8.6 Middle East & Africa Forklift Trucks Market Segmentation: By Power Source
8.6.1 Middle East & Africa Forklift Trucks Market, By Power Source Overview
8.6.2 Middle East & Africa Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Million & CAGR)
8.6.3 Middle East & Africa Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Million & CAGR)
8.7 Middle East & Africa Forklift Trucks Market Segmentation: By Class
8.7.1 Middle East & Africa Forklift Trucks Market, By Class Overview
8.7.2 Middle East & Africa Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Million & CAGR)
8.7.3 Middle East & Africa Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Million & CAGR)
8.7.4 Middle East & Africa Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Million & CAGR)
8.7.5 Middle East & Africa Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Million & CAGR)
8.7.6 Middle East & Africa Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Million & CAGR)
8.8 Middle East & Africa Forklift Trucks Market Segmentation: By End User Industry
8.8.1 Middle East & Africa Forklift Trucks Market, By End User Industry Overview
8.8.2 Middle East & Africa Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Million & CAGR)
8.8.3 Middle East & Africa Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Million & CAGR)
8.8.4 Middle East & Africa Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)
8.8.5 Middle East & Africa Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Million & CAGR)
8.8.6 Middle East & Africa Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)
9. Market Dynamics
9.1 Impact Assessment of Market Dynamics on Forklift Trucks Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.2 Value Chain Analysis
10.3 Porter Analysis
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Forklift Trucks Market
11.4 Company Profiles
11.4.1 Toyota Industries Corporation
11.4.2 Kion Group AG
11.4.3 Jungheinrich AG
11.4.4 Mitsubishi Logisnext Co Ltd
11.4.5 Hyster-yale Materials Handling Inc.
11.4.6 Manitou Group SA
11.4.7 Cargotec
11.4.8 Anhui Heli Co Ltd
11.4.9 Crown Equipment Corp.
11.4.10 Hangcha Group Co Ltd
List of Figures
Figure 1: Forklift Penetration in some regions in 2022
Figure 2: Global Forklift Trucks Market Size, By Value, 2019-2022 (USD Billion)
Figure 3: Global Forklift Trucks Market Size, By Value, 2023-2029 (USD Billion)
Figure 4: Global Forklift Trucks Market Share, By Class, 2022 (%)
Figure 5: Global Forklift Trucks Market Size, By Volume Sales, 2019-2022 (Million Units)
Figure 6: Global Forklift Trucks Market Size, By Volume Sales, 2023-2029 (Million Units)
Figure 7: Global Forklift Trucks Market Size, By IC Engine, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 8: Global Forklift Trucks Market Absolute Opportunity, By IC Engine, 2019-2029 (USD Billion)
Figure 9: Global Forklift Trucks Market Size, By Electric, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 10: Global Forklift Trucks Market Absolute Opportunity, By Electric, 2019-2029 (USD Billion)
Figure 11: Global Forklift Trucks Market Size, By Class 1, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 12: Global Forklift Trucks Market Absolute Opportunity, By Class 1, 2019-2029 (USD Billion)
Figure 13: Global Forklift Trucks Market Size, By Class 2, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 14: Global Forklift Trucks Market Absolute Opportunity, By Class 2, 2019-2029 (USD Billion)
Figure 15: Global Forklift Trucks Market Size, By Class 3, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 16: Global Forklift Trucks Market Absolute Opportunity, By Class 3, 2019-2029 (USD Billion)
Figure 17: Global Forklift Trucks Market Size, By Class 4, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 18: Global Forklift Trucks Market Absolute Opportunity, By Class 4, 2019-2029 (USD Billion)
Figure 19: Global Forklift Trucks Market Size, By Other Class, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 20: Global Forklift Trucks Market Absolute Opportunity, By Other Class, 2019-2029 (USD Billion)
Figure 21: Global Forklift Trucks Market Size, By Retail, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 22: Global Forklift Trucks Market Absolute Opportunity, By Retail, 2019-2029 (USD Billion)
Figure 23: Global Forklift Trucks Market Size, By Logistics, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 24: Global Forklift Trucks Market Absolute Opportunity, By Logistics, 2019-2029 (USD Billion)
Figure 25: Global Forklift Trucks Market Size, By Automotive, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 26: Global Forklift Trucks Market Absolute Opportunity, By Automotive, 2019-2029 (USD Billion)
Figure 27: Global Forklift Trucks Market Size, By Food Industry, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 28: Global Forklift Trucks Market Absolute Opportunity, By Food Industry, 2019-2029 (USD Billion)
Figure 29: Global Forklift Trucks Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 30: Global Forklift Trucks Market Absolute Opportunity, By Other End User Industries, 2019-2029 (USD Billion)
Figure 31: Americas Forklift Trucks Market Size, By Value, 2019H-2029F (USD Billion)
Figure 32: Americas Forklift Trucks Market Share, By Class, 2022 (%)
Figure 33: Americas Forklift Trucks Market Size, By Volume Sales, 2019-2022 (Million Units)
Figure 34: Americas Forklift Trucks Market Size, By Volume Sales, 2023-2029 (Million Units)
Figure 35: Americas Forklift Trucks Market, By IC Engine, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 36: Americas Forklift Trucks Market, By Electric, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 37: Americas Forklift Trucks Market, By Class 1, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 38: Americas Forklift Trucks Market, By Class 2, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 39: Americas Forklift Trucks Market, By Class 3, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 40: Americas Forklift Trucks Market, By Class 4, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 41: Americas Forklift Trucks Market, By Other Class, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 42: Americas Forklift Trucks Market, By Retail, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 43: Americas Forklift Trucks Market, By Logistics, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 44: Americas Forklift Trucks Market, By Automotive, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 45: Americas Forklift Trucks Market, By Food Industry, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 46: Americas Forklift Trucks Market, By Other End User Industries, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 47: United States Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 48: United States Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 49: United States Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 50: United States Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 51: United States Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 52: Canada Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 53: Canada Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 54: Canada Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 55: Canada Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 56: Canada Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 57: Brazil Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 58: Brazil Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 59: Brazil Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 60: Brazil Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 61: Brazil Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 62: Rest of Americas Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 63: Rest of Americas Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 64: Rest of Americas Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 65: Rest of Americas Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 66: Rest of Americas Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 67: Europe Forklift Trucks Market Size, By Value, 2019H-2029F (USD Billion)
Figure 68: Europe Forklift Trucks Market Share, By Class, 2022 (%)
Figure 69: Europe Forklift Trucks Market Size, By Volume Sales, 2019-2022 (Million Units)
Figure 70: Europe Forklift Trucks Market Size, By Volume Sales, 2023-2029 (Million Units)
Figure 71: Europe Forklift Trucks Market, By IC Engine, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 72: Europe Forklift Trucks Market, By Electric, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 73: Europe Forklift Trucks Market, By Class 1, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 74: Europe Forklift Trucks Market, By Class 2, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 75: Europe Forklift Trucks Market, By Class 3, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 76: Europe Forklift Trucks Market, By Class 4, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 77: Europe Forklift Trucks Market, By Other Class, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 78: Europe Forklift Trucks Market, By Retail, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 79: Europe Forklift Trucks Market, By Logistics, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 80: Europe Forklift Trucks Market, By Automotive, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 81: Europe Forklift Trucks Market, By Food Industry, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 82: Europe Forklift Trucks Market, By Other End User Industries, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 83: Germany Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 84: Germany Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 85: Germany Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 86: Germany Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 87: Germany Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 88: United Kingdom Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 89: United Kingdom Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 90: United Kingdom Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 91: United Kingdom Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 92: United Kingdom Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 93: France Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 94: France Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 95: France Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 96: France Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 97: France Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 98: Italy Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 99: Italy Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 100: Italy Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 101: Italy Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 102: Italy Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 103: Rest of Europe Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 104: Rest of Europe Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 105: Rest of Europe Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 106: Rest of Europe Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 107: Rest of Europe Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 108: Asia Pacific Forklift Trucks Market Size, By Value, 2019H-2029F (USD Billion)
Figure 109: Asia Pacific Forklift Trucks Market Share, By Class, 2022 (%)
Figure 110: Asia Pacific Forklift Trucks Market Size, By Volume Sales, 2019-2022 (Million Units)
Figure 111: Asia Pacific Forklift Trucks Market Size, By Volume Sales, 2023-2029 (Million Units)
Figure 112: Asia Pacific Forklift Trucks Market, By IC Engine, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 113: Asia Pacific Forklift Trucks Market, By Electric, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 114: Asia Pacific Forklift Trucks Market, By Class 1, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 115: Asia Pacific Forklift Trucks Market, By Class 2, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 116: Asia Pacific Forklift Trucks Market, By Class 3, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 117: Asia Pacific Forklift Trucks Market, By Class 4, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 118: Asia Pacific Forklift Trucks Market, By Other Class, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 119: Asia Pacific Forklift Trucks Market, By Retail, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 120: Asia Pacific Forklift Trucks Market, By Logistics, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 121: Asia Pacific Forklift Trucks Market, By Automotive, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 122: Asia Pacific Forklift Trucks Market, By Food Industry, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 123: Asia Pacific Forklift Trucks Market, By Other End User Industries, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 124: China Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 125: China Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 126: China Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 127: China Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 128: China Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 129: Japan Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 130: Japan Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 131: Japan Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 132: Japan Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 133: Japan Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 134: India Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 135: India Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 136: India Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 137: India Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 138: India Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 139: Rest of Asia Pacific Forklift Trucks Market, By Value, 2019-2029 (USD Billions & CAGR)
Figure 140: Rest of Asia Pacific Forklift Trucks Market Value, By Power Source, 2022 (USD Billion)
Figure 141: Rest of Asia Pacific Forklift Trucks Market Share, By Power Source, By Value, 2022 (%)
Figure 142: Rest of Asia Pacific Forklift Trucks Market Share, By Class, By Value, 2022 (%)
Figure 143: Rest of Asia Pacific Forklift Trucks Market Share, By End User Industry, By Value, 2022 (%)
Figure 144: Middle East and Africa Forklift Trucks Market Size, By Value, 2019H-2029F (USD Billion)
Figure 145: Middle East and Africa Forklift Trucks Market Share, By Class, 2022 (%)
Figure 146: Middle East and Africa Forklift Trucks Market Size, By Volume Sales, 2019-2022 (Million Units)
Figure 147: Middle East and Africa Forklift Trucks Market Size, By Volume Sales, 2023-2029 (Million Units)
Figure 148: Middle East and Africa Forklift Trucks Market, By IC Engine, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 149: Middle East and Africa Forklift Trucks Market, By Electric, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 150: Middle East and Africa Forklift Trucks Market, By Class 1, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 151: Middle East and Africa Forklift Trucks Market, By Class 2, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 152: Middle East and Africa Forklift Trucks Market, By Class 3, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 153: Middle East and Africa Forklift Trucks Market, By Class 4, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 154: Middle East and Africa Forklift Trucks Market, By Other Class, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 155: Middle East and Africa Forklift Trucks Market, By Retail, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 156: Middle East and Africa Forklift Trucks Market, By Logistics, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 157: Middle East and Africa Forklift Trucks Market, By Automotive, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 158: Middle East and Africa Forklift Trucks Market, By Food Industry, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 159: Middle East and Africa Forklift Trucks Market , By Other End User Industries, By Value, 2019H-2029F (USD Billions & CAGR)
Figure 160: Market Share of Prominent Companies of Forklift Trucks Market, 2022 (%)
Figure 161: Toyota Revenue, 2021-2023 (USD Million)
Figure 162: Toyota Revenue, By Geographical Segments, 2023 (%)
Figure 163: Toyota Revenue, By Business Segments, 2023 (%)
Figure 164: Kion Revenue, 2020-2022 (USD Million)
Figure 165: Kion Revenue, By Geographical Segments, 2022 (%)
Figure 166: Kion Revenue, By Business Segments, 2022 (%)
Figure 167: Jungheinrich Revenue, 2020-2022 (USD Million)
Figure 168: Jungheinrich Revenue, By Geographical Segments, 2022 (%)
Figure 169: Jungheinrich Revenue, By Business Segments, 2022 (%)
Figure 170: Mitsubishi Logisnext Revenue, 2021-2023 (USD Million)
Figure 171: Hyster-Yale Revenue, 2020-2022 (USD Million)
Figure 172: Hyster-Yale Revenue, By Geographical Segments, 2022 (%)
Figure 173: Hyster-Yale Revenue, By Business Segments, 2022 (%)
Figure 174: Manitou Group Revenue, 2020-2022 (USD Million)
Figure 175: Manitou Group Revenue, By Geographical Segments, 2022 (%)
Figure 176: Manitou Group Revenue, By Business Segments, 2022 (%)
Figure 177: Cargotec Revenue, 2020-2022 (USD Million)
Figure 178: Cargotec Revenue, By Geographical Segments, 2022 (%)
Figure 179: Cargotec Revenue, By Business Segments, 2022 (%)
Figure 180: Anhui Heli Group Revenue, 2020-2022 (USD Million)
List of Tables
Table A1: Global Impact of Macro Economic Factors, By Region
Table A2: United States Forklift Trucks Market, By Power Source, By Value, 2019-2022 (USD Million)
Table A3: United States Forklift Trucks Market, By Power Source, By Value, 2023-2029 (USD Million)
Table A4: United States Forklift Trucks Market, By Class, By Value, 2019-2022 (USD Million)
Table A5: United States Forklift Trucks Market, By Class, By Value, 2023-2029 (USD Million)
Table A6: United States Forklift Trucks Market, By End User Industry, By Value, 2019-2022 (USD Million)
Table A7: United States Forklift Trucks Market, By End User Industry, By Value, 2023-2029 (USD Million)
Table A8: Canada Forklift Trucks Market, By Power Source, By Value, 2019-2022 (USD Millio
Global Forklift Trucks Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 117
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......
Global Forklift Trucks Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 137
According to our LPI (LP Information) latest study, the global Forklift Trucks market size was valued at US$ 28880 million in 2023. With growing demand in downstream market, the Forklift Trucks is forecast to a readjusted size of US$ 38840 million by 2030 with a CAGR of 4.3% during review period.
The research report highlights the growth potential of the global Forklift Trucks market. Forklift Trucks are expected to show stable growth in the future market. However, product differentiatio......
Global Pickup Truck Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 134
According to our LPI (LP Information) latest study, the global Pickup Truck market size was valued at US$ 173590 million in 2023. With growing demand in downstream market, the Pickup Truck is forecast to a readjusted size of US$ 218170 million by 2030 with a CAGR of 3.3% during review period.
The research report highlights the growth potential of the global Pickup Truck market. Pickup Truck are expected to show stable growth in the future market. However, product differentiation, reducin......
Global Forklift Trucks Market (2024 Edition): Analysis By Value and Volume, Power Source (IC Engine, Electric), By Class, By End User Industry, By Region, By Country: Market Insights and Forecast (2019-2029)
Published: 01-Jan-2024 Price: US 2450 Onwards Pages: 270
Executive Summary
Azoth Analytics has released a research report titled "Global Forklift Trucks Market (2024 Edition)" which provides a complete analysis of the Global Forklift Trucks industry in terms of market segmentation By Power Source (IC Engine and Electric), By Class (Class 1, Class 2, Class 3, Class 4 and Other Class), By End User Industry (Retail, Logistics, Automotive, Food Industry and Other End User Industries) for the historical period of 2019-2022, the estimates of ......
Global Forklift Trucks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Published: 01-Jan-2024 Price: US 3480 Onwards Pages: 129
According to our (Global Info Research) latest study, the global Forklift Trucks market size was valued at USD 30370 million in 2023 and is forecast to a readjusted size of USD 39940 million by 2030 with a CAGR of 4.0% 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. ......
2023-2031 Report on Global Forklift Trucks Market by Player, Region, Type, Application and Sales Channel
Published: 31-Dec-2023 Price: US 2500 Onwards Pages: 98
The global Forklift Trucks market size is estimated to be $60.8 billion in 2023, and MAResearch analysts predict it will reach $106.8 billion by 2031, growing at a CAGR of 7.3% during the forecast period from 2023 to 2031.
This report studies the Forklift Trucks market, covering market size for segment by type (Internal Combustion Engine Forklift, Electric Forklift, etc.), by application (Freight & Logistics, Retail & E-commerce, etc.), by sales channel (Direct Channel, Distributi......
Global Lift Truck Market Research Report 2023
Published: 14-Dec-2023 Price: US 2900 Onwards Pages: 108
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Lift Truck market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
By Company
- Toyota
- Kion
- Jungheinrich
- Mitsubishi Logisnext
- Crown Equipment
- Hyster-Yale
- Anhui Heli
- Hangcha
- Clark Material Handling......
Global Lift Truck Industry Research Report, In-depth Analysis of Current Status and Outlook of Key Countries 2023-2028
Published: 28-Nov-2023 Price: US 3380 Onwards Pages: 105
Market Overview of Global Lift Truck market:
According to our latest research, the global Lift Truck market looks promising in the next 5 years. As of 2022, the global Lift Truck market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Lift Truck market, with a systematical de......
Pickup Truck Markets in China
Published: 27-Nov-2023 Price: US 4000 Onwards Pages: 203
China's demand for Pickup Truck has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry......
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