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Forklift Market Size, Growth, Demands Outlook and Forecasts to 2030

Precedence Research - October 18, 2022

According to the research report, the global forklift market size is expected to touch USD 27.89 Billion by 2030,  growing with a significant CAGR of 3.02% from 2022 to 2030. 


Forklift Market Size 2020 to 2027

The forklift  market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global forklift  market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global forklift  market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global forklift  market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

Sample Link https://www.precedenceresearch.com/sample/1032

Report CoverageDetails
Market SizeUSD 27.89 Billion by 2027
Growth RateCAGR of 3.1% from 2021 to 2027
Bae Year2020
Historic Data2017 to 2020
Forecast Period2021 to 2027
Segments CoveredType, Propulsion, Operation, Application
Regional ScopeNorth America, Europe, Asia Pacific, MEAN, Latin America

This study covers a detailed segmentation of the global forklift  market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global forklift  market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • Komatsu Ltd.
  • Hyster-Yale Material Handling Inc.
  • Mitsubishi Forklift Corporation
  • Hyundai Heavy Industries Ltd
  • Toyota Industries Corporation
  • KION Group AG
  • Anhui Heli Co. Ltd
  • Crown Equipment Corporation
  • Comblift Limited
  • Hubtex Maschinenbau GmbH & Co. KG
  • Clark Material Handling Company
  • Hangcha Group Co. Ltd
  • Doosan Industrial Vehicle America Corporation.
  • Manitou Group
  • Konecranes
  • Lonking Forklift Co.
  • Godgej & Boyce Group
  • Unicarriers Americas

Market Segmentation

 By Type

  • Counterbalanced
  • Side Loaders
  • Rough Terrain
  • Powered Pallets
  • Telescopic Handler
  • Others

By Propulsion

  • Gasoline
  • Diesel
  • Hybrid Electric
  • Electric

By Operation

  • Manual
  • Autonomous

By Class

  • Class 1
  • Class 2
  • Class 3
  • Class 4
  • Class-5 & Above

By Application

  • Industrial
  • Logistics
  • Construction
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Research Methodology

The research methodology adopted by analysts for compiling the global forklift  market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global forklift  market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Forklift Market, By Type

7.1. Forklift Market, by Type, 2020-2027
7.1.1. Counterbalanced
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Side Loaders
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Rough Terrain
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Powered Pallets
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Telescopic Handler
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Forklift Market, By Operation

8.1. Forklift Market, by Operation, 2020-2027
8.1.1. Class
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Manual
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Forklift Market, By Propulsion Type

9.1. Forklift Market, by Propulsion Type, 2020-2027
9.1.1. Gasoline
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Diesel
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Hybrid Electric
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Electric
9.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Forklift Market, By Class Type

10.1. Forklift Market, by Class Type, 2020-2027
10.1.1. Class 1
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Class 2
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Class 3
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Class 4
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Class-5 & Above
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Forklift Market, By Application Type

11.1. Forklift Market, by Propulsion Type, 2020-2027
11.1.1. Industrial
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Logistics
11.1.2.1. Market Revenue and Forecast (2016-2027)
11.1.3. Construction
11.1.3.1. Market Revenue and Forecast (2016-2027)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 12. Global Forklift Market, Regional Estimates and Trend Forecast

12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2016-2027)
12.1.2. Market Revenue and Forecast, by Operation (2016-2027)
12.1.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.1.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.1.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.1.6. U.S.
12.1.6.1. Market Revenue and Forecast, by Type (2016-2027)
12.1.6.2. Market Revenue and Forecast, by Operation (2016-2027)
12.1.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.1.6.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.1.6.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.1.7. Rest of North America
12.1.7.1. Market Revenue and Forecast, by Type (2016-2027)
12.1.7.2. Market Revenue and Forecast, by Operation (2016-2027)
12.1.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.1.7.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.1.7.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2016-2027)
12.2.2. Market Revenue and Forecast, by Operation (2016-2027)
12.2.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.2.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.2.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.2.6. UK
12.2.6.1. Market Revenue and Forecast, by Type (2016-2027)
12.2.6.2. Market Revenue and Forecast, by Operation (2016-2027)
12.2.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.2.6.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.2.6.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.2.7. Germany
12.2.7.1. Market Revenue and Forecast, by Type (2016-2027)
12.2.7.2. Market Revenue and Forecast, by Operation (2016-2027)
12.2.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.2.7.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.2.7.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.2.8. France
12.2.8.1. Market Revenue and Forecast, by Type (2016-2027)
12.2.8.2. Market Revenue and Forecast, by Operation (2016-2027)
12.2.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.2.8.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.2.8.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.2.9. Rest of Europe
12.2.9.1. Market Revenue and Forecast, by Type (2016-2027)
12.2.9.2. Market Revenue and Forecast, by Operation (2016-2027)
12.2.9.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.2.9.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.2.9.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2016-2027)
12.3.2. Market Revenue and Forecast, by Operation (2016-2027)
12.3.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.3.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.3.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.3.6. India
12.3.6.1. Market Revenue and Forecast, by Type (2016-2027)
12.3.6.2. Market Revenue and Forecast, by Operation (2016-2027)
12.3.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.3.6.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.3.6.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.3.7. China
12.3.7.1. Market Revenue and Forecast, by Type (2016-2027)
12.3.7.2. Market Revenue and Forecast, by Operation (2016-2027)
12.3.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.3.7.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.3.7.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.3.8. Japan
12.3.8.1. Market Revenue and Forecast, by Type (2016-2027)
12.3.8.2. Market Revenue and Forecast, by Operation (2016-2027)
12.3.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.3.8.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.3.8.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.3.9. Rest of APAC
12.3.9.1. Market Revenue and Forecast, by Type (2016-2027)
12.3.9.2. Market Revenue and Forecast, by Operation (2016-2027)
12.3.9.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.3.9.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.3.9.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2016-2027)
12.4.2. Market Revenue and Forecast, by Operation (2016-2027)
12.4.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.4.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.4.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.4.6. GCC
12.4.6.1. Market Revenue and Forecast, by Type (2016-2027)
12.4.6.2. Market Revenue and Forecast, by Operation (2016-2027)
12.4.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.4.6.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.4.6.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.4.7. North Africa
12.4.7.1. Market Revenue and Forecast, by Type (2016-2027)
12.4.7.2. Market Revenue and Forecast, by Operation (2016-2027)
12.4.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.4.7.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.4.7.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.4.8. South Africa
12.4.8.1. Market Revenue and Forecast, by Type (2016-2027)
12.4.8.2. Market Revenue and Forecast, by Operation (2016-2027)
12.4.8.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.4.8.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.4.8.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.4.9. Rest of MEA
12.4.9.1. Market Revenue and Forecast, by Type (2016-2027)
12.4.9.2. Market Revenue and Forecast, by Operation (2016-2027)
12.4.9.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.4.9.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.4.9.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2016-2027)
12.5.2. Market Revenue and Forecast, by Operation (2016-2027)
12.5.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.5.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.5.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.5.6. Brazil
12.5.6.1. Market Revenue and Forecast, by Type (2016-2027)
12.5.6.2. Market Revenue and Forecast, by Operation (2016-2027)
12.5.6.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.5.6.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.5.6.5. Market Revenue and Forecast, by Application Type (2016-2027)
12.5.7. Rest of LATAM
12.5.7.1. Market Revenue and Forecast, by Type (2016-2027)
12.5.7.2. Market Revenue and Forecast, by Operation (2016-2027)
12.5.7.3. Market Revenue and Forecast, by Propulsion Type (2016-2027)
12.5.7.4. Market Revenue and Forecast, by Class Type (2016-2027)
12.5.7.5. Market Revenue and Forecast, by Application Type (2016-2027)

Chapter 13. Company Profiles

13.1. Komatsu Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Hyster-Yale Material Handling Inc.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Mitsubishi Forklift Corporation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Hyundai Heavy Industries Ltd
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Toyota Industries Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. KION Group AG
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Anhui Heli Co. Ltd
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Crown Equipment Corporation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Comblift Limited
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Hubtex Maschinenbau GmbH & Co. KG
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. Clark Material Handling Company
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
13.12. Hangcha Group Co. Ltd
13.12.1. Company Overview
13.12.2. Product Offerings
13.12.3. Financial Performance
13.12.4. Recent Initiatives
13.13. Doosan Industrial Vehicle America Corporation.
13.13.1. Company Overview
13.13.2. Product Offerings
13.13.3. Financial Performance
13.13.4. Recent Initiatives
13.14. Manitou Group
13.14.1. Company Overview
13.14.2. Product Offerings
13.14.3. Financial Performance
13.14.4. Recent Initiatives
13.15. Konecranes
13.15.1. Company Overview
13.15.2. Product Offerings
13.15.3. Financial Performance
13.15.4. Recent Initiatives
13.16. Lonking Forklift Co.
13.16.1. Company Overview
13.16.2. Product Offerings
13.16.3. Financial Performance
13.16.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions

Chapter 15. Appendix

15.1. About Us
15.2. Glossary of Terms

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