KEY FINDINGS
The global forklift trucks market is projected to grow during the forecast period of 2020-2028, by exhibiting a CAGR of 2.17%. The increasing applications of forklift trucks in manufacturing industries, the growing demand for high-performance technologies, and the growth potential of forklift trucks in the emerging markets, are the factors estimated to propel the market growth.
MARKET INSIGHTS
The forklift trucks market has huge growth potential in the emerging economies like Russia and China, mainly due to increasing global trade activities and industrialization. The logistics segment is anticipated to record the highest CAGR during the estimated period as a result of increasing demands for electric trucks across the globe. One of the restraining factors faced by the global market of forklift trucks is the high cost of raw materials.
REGIONAL INSIGHTS
On a geographical basis, the global forklift trucks market is segregated into North America, Europe, Asia-Pacific, and the rest of the world. The Asia-Pacific market region is set to be the fastest-growing region. The region is witnessing the establishment and expansion of warehouses, and the growth of the e-commerce industry. The market of forklift trucks in the Asia Pacific region has primary applications in the e-commerce sector and manufacturing utilities.
COMPETITIVE INSIGHTS
Some of the eminent companies in this market include, Anhui Heli Co. Ltd., Hangcha Group Co., Ltd., Toyota Industries Corporation, Mitsubishi Logisnext Co., Ltd., Clark Material Handling Company, Kion Group Ag, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Forklift Trucks Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of The Market Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Forecast
2.2. Market Overview
3. Market Dynamics
3.1. Development Of Forklift Truck
3.2. Parent Market Analysis: Material Handling Equipment Market
3.3. Market Definition
3.4. Market Drivers
3.4.1. Demand For High-Performance Technologies
3.4.2. Growth In Emerging Markets
3.5. Market Restraints
3.5.1. Limited Number Of Raw Material Suppliers
3.5.2. High Cost Of Raw Materials
3.5.3. Increase In Government Regulations
4. Key Analytics
4.1. Porter's Five Force Model
4.1.1. Buyers Power
4.1.2. Suppliers Power
4.1.3. Substitution
4.1.4. New Entrants
4.1.5. Industry Rivalry
4.2. Key Buying Criteria
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Regulatory Framework
4.6. Value Chain Analysis
4.7. Key Investment Insights
5. Market By Product Type
5.1. Warehouse Forklift
5.2. Counterbalance Forklift
6. Market By Power Source
6.1. Internal Combustion Engine
6.2. Electric Motor
7. Market By Class
7.1. Class 1
7.2. Class 2
7.3. Class 3
7.4. Class 4
7.5. Class 5
8. Market By End User
8.1. Retail & Wholesale
8.2. Logistics
8.3. Automotive
8.4. Food Industry
8.5. Others
9. Geographical Analysis
9.1. North America
9.1.1. United States
9.1.2. Canada
9.2. Europe
9.2.1. United Kingdom
9.2.2. Germany
9.2.3. France
9.2.4. Italy
9.2.5. Russia
9.2.6. Belgium
9.2.7. Poland
9.2.8. Rest Of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. South Korea
9.3.5. Thailand
9.3.6. Indonesia
9.3.7. Vietnam
9.3.8. Australia & New Zealand
9.3.9. Rest Of Asia Pacific
9.4. Rest Of World
9.4.1. Latin America
9.4.2. Middle East & Africa
10. Company Profiles
10.1. Hangcha Group Co., Ltd
10.2. Kion Group Ag
10.3. Anhui Heli Co. Ltd
10.4. Clark Material Handling Company
10.5. Crown Equipment Corporation
10.6. Toyota Industries Corporation
10.7. Mitsubishi Logisnext Co., Ltd
10.8. Jungheinrich Ag
10.9. Ep Equipment Co. Ltd
10.10. Hyster-Yale Materials Handling, Inc
10.11. Hyundai Heavy Industries Co., Ltd
10.12. Komatsu Ltd
10.13. Lonking Holdings Limited
10.14. Godrej & Boyce Manufacturing Company Limited
10.15. Doosan Corporation Industrial Vehicle
List of Tables
Table 1: Global Forklift Truck Market, By Geography, Forecast Years, 2020-2028 (In $ Million)
Table 2: Global Forklift Truck Market, By Product, Historic Years, 2016-2019 (In $ Million)
Table 3: Global Forklift Truck Market, By Product, Forecast Years, 2020-2028 (In $ Million)
Table 4: Global Warehouse Forklift Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 5: Global Warehouse Forklift Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 6: Global Counterbalance Forklift Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 7: Global Counterbalance Forklift Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 8: Global Forklift Truck Market, By Power Source, Historic Years, 2016-2019 (In $ Million)
Table 9: Global Forklift Truck Market, By Power Source, Forecast Years, 2020-2028 (In $ Million)
Table 10: Global Internal Combustion Engine Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 11: Global Internal Combustion Engine Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 12: Global Electric Motor Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 13: Global Electric Motor Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 14: Global Forklift Truck Market, By Class, Historic Years, 2016-2019 (In $ Million)
Table 15: Global Forklift Truck Market, By Class, Forecast Years, 2020-2028 (In $ Million)
Table 16: Global Class 1 Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 17: Global Class 1 Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 18: Global Class 2 Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 19: Global Class 2 Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 20: Global Class 3 Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 21: Global Class 3 Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 22: Global Class 4 Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 23: Global Class 4 Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 24: Global Class 5 Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 25: Global Class 5 Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 26: Global Forklift Truck Market, By End User, Historic Years, 2016-2019 (In $ Million)
Table 27: Global Forklift Truck Market, By End User, Forecast Years, 2020-2028 (In $ Million)
Table 28: Global Retail & Wholesale Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 29: Global Retail & Wholesale Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 30: Global Logistics Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 31: Global Logistics Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 32: Global Automotive Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 33: Global Automotive Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 34: Global Food Industry Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 35: Global Food Industry Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 36: Global Others Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 37: Global Others Market, By Region, Forecast Years, 2020-2028 (In $ Million)
Table 38: Global Forklift Truck Market, By Geography, Historic Years, 2016-2019 (In $ Million)
Table 39: Global Forklift Truck Market, By Geography, Forecast Years, 2020-2028 (In $ Million)
Table 40: North America Forklift Truck Market, By Country, Historic Years, 2016-2019 (In $ Million)
Table 41: North America Forklift Truck Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 42: Europe Forklift Truck Market, By Country, Historic Years, 2016-2019 (In $ Million)
Table 43: Europe Forklift Truck Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 44: Asia Pacific Forklift Truck Market, By Country, Historic Years, 2016-2019 (In $ Million)
Table 45: Asia Pacific Forklift Truck Market, By Country, Forecast Years, 2020-2028 (In $ Million)
Table 46: Rest Of World Forklift Truck Market, By Region, Historic Years, 2016-2019 (In $ Million)
Table 47: Rest Of World Forklift Truck Market, By Region, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Development Of Forklift Truck
Figure 2: Porter's Five Force Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: Global Forklift Truck Market, Growth Potential, By Product Type (In 2019)
Figure 8: Global Forklift Truck Market, By Warehouse Forklift, 2020-2028 (In $ Million)
Figure 9: Global Forklift Truck Market, By Counterbalance Forklift, 2020-2028 (In $ Million)
Figure 10: Global Forklift Truck Market, Growth Potential, By Power Source (In 2019)
Figure 11: Global Forklift Truck Market, By Internal Combustion Engine, 2020-2028 (In $ Million)
Figure 12: Global Forklift Truck Market, By Electric Motor, 2020-2028 (In $ Million)
Figure 13: Global Forklift Truck Market, Growth Potential, By Class (In 2019)
Figure 14: Global Forklift Truck Market, By Class 1, 2020-2028 (In $ Million)
Figure 15: Global Forklift Truck Market, By Class 2, 2020-2028 (In $ Million)
Figure 16: Global Forklift Truck Market, By Class 3, 2020-2028 (In $ Million)
Figure 17: Global Forklift Truck Market, By Class 4, 2020-2028 (In $ Million)
Figure 18: Global Forklift Truck Market, By Class 5, 2020-2028 (In $ Million)
Figure 19: Global Forklift Truck Market, Growth Potential, By End User (In 2019)
Figure 20: Global Forklift Truck Market, By Retail & Wholesale, 2020-2028 (In $ Million)
Figure 21: Global Forklift Truck Market, By Logistics, 2020-2028 (In $ Million)
Figure 22: Global Forklift Truck Market, By Automotive, 2020-2028 (In $ Million)
Figure 23: Global Forklift Truck Market, By Food Industry, 2020-2028 (In $ Million)
Figure 24: Global Forklift Truck Market, By Others, 2020-2028 (In $ Million)
Figure 25: North America Forklift Truck Market, Regional Outlook, 2019 & 2028 (In %)
Figure 26: United States Forklift Truck, 2020-2028 (In $ Million)
Figure 27: Canada Forklift Truck, 2020-2028 (In $ Million)
Figure 28: Europe Forklift Truck Market, Regional Outlook, 2019 & 2028 (In %)
Figure 29: United Kingdom Forklift Truck, 2020-2028 (In $ Million)
Figure 30: Germany Forklift Truck, 2020-2028 (In $ Million)
Figure 31: France Forklift Truck, 2020-2028 (In $ Million)
Figure 32: Italy Forklift Truck, 2020-2028 (In $ Million)
Figure 33: Russia Forklift Truck, 2020-2028 (In $ Million)
Figure 34: Belgium Forklift Truck, 2020-2028 (In $ Million)
Figure 35: Poland Forklift Truck, 2020-2028 (In $ Million)
Figure 36: Rest Of Europe Forklift Truck, 2020-2028 (In $ Million)
Figure 37: Asia Pacific Forklift Truck Market, Regional Outlook, 2019 & 2028 (In %)
Figure 38: China Forklift Truck, 2020-2028 (In $ Million)
Figure 39: Japan Forklift Truck, 2020-2028 (In $ Million)
Figure 40: India Forklift Truck, 2020-2028 (In $ Million)
Figure 41: South Korea Forklift Truck, 2020-2028 (In $ Million)
Figure 42: Thailand Forklift Truck, 2020-2028 (In $ Million)
Figure 43: Indonesia Forklift Truck, 2020-2028 (In $ Million)
Figure 44: Vietnam Forklift Truck, 2020-2028 (In $ Million)
Figure 45: Australia & New Zealand Forklift Truck, 2020-2028 (In $ Million)
Figure 46: Rest Of Asia Pacific Forklift Truck, 2020-2028 (In $ Million)
Figure 47: Rest Of World Forklift Truck Market, Regional Outlook, 2019 & 2028 (In %)
Figure 48: Latin America Forklift Truck, 2020-2028 (In $ Million)
Figure 49: Middle East & Africa Forklift Truck, 2020-2028 (In $ Million)
Global Forklift Trucks Market Research Report 2024
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