Global Forklift Trucks Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Forklift Trucks Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Forklift Trucks market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Forklift Trucks main players are Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, etc. Global top five manufacturers hold a share over 50%. Europe is the largest market, with a share nearly 30%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Forklift Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forklift Trucks.

The Forklift Trucks market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Forklift Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

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

Forklift Trucks segment by Type

Class 1
Class 2
Class 3
Class 4/5

Forklift Trucks segment by Application

Factories
Warehouses
Distribution centers
Others

Forklift Trucks Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Forklift Trucks market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Forklift Trucks and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Forklift Trucks.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Forklift Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Forklift Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Forklift Trucks Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Forklift Trucks Sales Estimates and Forecasts (2019-2030)
1.3 Forklift Trucks Market by Type
1.3.1 Class 1
1.3.2 Class 2
1.3.3 Class 3
1.3.4 Class 4/5
1.4 Global Forklift Trucks Market Size by Type
1.4.1 Global Forklift Trucks Market Size Overview by Type (2019-2030)
1.4.2 Global Forklift Trucks Historic Market Size Review by Type (2019-2024)
1.4.3 Global Forklift Trucks Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Forklift Trucks Sales Breakdown by Type (2019-2024)
1.5.2 Europe Forklift Trucks Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Forklift Trucks Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Forklift Trucks Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Forklift Trucks Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Forklift Trucks Industry Trends
2.2 Forklift Trucks Industry Drivers
2.3 Forklift Trucks Industry Opportunities and Challenges
2.4 Forklift Trucks Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Forklift Trucks Revenue (2019-2024)
3.2 Global Top Players by Forklift Trucks Sales (2019-2024)
3.3 Global Top Players by Forklift Trucks Price (2019-2024)
3.4 Global Forklift Trucks Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Forklift Trucks Key Company Manufacturing Sites & Headquarters
3.6 Global Forklift Trucks Company, Product Type & Application
3.7 Global Forklift Trucks Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Forklift Trucks Market CR5 and HHI
3.8.2 Global Top 5 and
10 Forklift Trucks Players Market Share by Revenue in 2023
3.8.3 20
23 Forklift Trucks Tier 1, Tier 2, and Tier 3
4 Forklift Trucks Regional Status and Outlook
4.1 Global Forklift Trucks Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Forklift Trucks Historic Market Size by Region
4.2.1 Global Forklift Trucks Sales in Volume by Region (2019-2024)
4.2.2 Global Forklift Trucks Sales in Value by Region (2019-2024)
4.2.3 Global Forklift Trucks Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Forklift Trucks Forecasted Market Size by Region
4.3.1 Global Forklift Trucks Sales in Volume by Region (2025-2030)
4.3.2 Global Forklift Trucks Sales in Value by Region (2025-2030)
4.3.3 Global Forklift Trucks Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Forklift Trucks by Application
5.1 Forklift Trucks Market by Application
5.1.1 Factories
5.1.2 Warehouses
5.1.3 Distribution centers
5.1.4 Others
5.2 Global Forklift Trucks Market Size by Application
5.2.1 Global Forklift Trucks Market Size Overview by Application (2019-2030)
5.2.2 Global Forklift Trucks Historic Market Size Review by Application (2019-2024)
5.2.3 Global Forklift Trucks Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Forklift Trucks Sales Breakdown by Application (2019-2024)
5.3.2 Europe Forklift Trucks Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Forklift Trucks Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Forklift Trucks Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Forklift Trucks Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Toyota
6.1.1 Toyota Comapny Information
6.1.2 Toyota Business Overview
6.1.3 Toyota Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Toyota Forklift Trucks Product Portfolio
6.1.5 Toyota Recent Developments
6.2 Kion
6.2.1 Kion Comapny Information
6.2.2 Kion Business Overview
6.2.3 Kion Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Kion Forklift Trucks Product Portfolio
6.2.5 Kion Recent Developments
6.3 Jungheinrich
6.3.1 Jungheinrich Comapny Information
6.3.2 Jungheinrich Business Overview
6.3.3 Jungheinrich Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Jungheinrich Forklift Trucks Product Portfolio
6.3.5 Jungheinrich Recent Developments
6.4 Mitsubishi Logisnext
6.4.1 Mitsubishi Logisnext Comapny Information
6.4.2 Mitsubishi Logisnext Business Overview
6.4.3 Mitsubishi Logisnext Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Mitsubishi Logisnext Forklift Trucks Product Portfolio
6.4.5 Mitsubishi Logisnext Recent Developments
6.5 Crown Equipment
6.5.1 Crown Equipment Comapny Information
6.5.2 Crown Equipment Business Overview
6.5.3 Crown Equipment Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Crown Equipment Forklift Trucks Product Portfolio
6.5.5 Crown Equipment Recent Developments
6.6 Hyster-Yale
6.6.1 Hyster-Yale Comapny Information
6.6.2 Hyster-Yale Business Overview
6.6.3 Hyster-Yale Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Hyster-Yale Forklift Trucks Product Portfolio
6.6.5 Hyster-Yale Recent Developments
6.7 Anhui Heli
6.7.1 Anhui Heli Comapny Information
6.7.2 Anhui Heli Business Overview
6.7.3 Anhui Heli Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Anhui Heli Forklift Trucks Product Portfolio
6.7.5 Anhui Heli Recent Developments
6.8 Hangcha
6.8.1 Hangcha Comapny Information
6.8.2 Hangcha Business Overview
6.8.3 Hangcha Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Hangcha Forklift Trucks Product Portfolio
6.8.5 Hangcha Recent Developments
6.9 Clark Material Handling
6.9.1 Clark Material Handling Comapny Information
6.9.2 Clark Material Handling Business Overview
6.9.3 Clark Material Handling Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Clark Material Handling Forklift Trucks Product Portfolio
6.9.5 Clark Material Handling Recent Developments
6.
10 Doosan Corporation Industrial Vehicle
6.10.1 Doosan Corporation Industrial Vehicle Comapny Information
6.10.2 Doosan Corporation Industrial Vehicle Business Overview
6.10.3 Doosan Corporation Industrial Vehicle Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Doosan Corporation Industrial Vehicle Forklift Trucks Product Portfolio
6.10.5 Doosan Corporation Industrial Vehicle Recent Developments
6.
11 Komatsu
6.11.1 Komatsu Comapny Information
6.11.2 Komatsu Business Overview
6.11.3 Komatsu Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Komatsu Forklift Trucks Product Portfolio
6.11.5 Komatsu Recent Developments
6.
12 Lonking
6.12.1 Lonking Comapny Information
6.12.2 Lonking Business Overview
6.12.3 Lonking Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Lonking Forklift Trucks Product Portfolio
6.12.5 Lonking Recent Developments
6.
13 Hyundai Heavy Industries
6.13.1 Hyundai Heavy Industries Comapny Information
6.13.2 Hyundai Heavy Industries Business Overview
6.13.3 Hyundai Heavy Industries Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Hyundai Heavy Industries Forklift Trucks Product Portfolio
6.13.5 Hyundai Heavy Industries Recent Developments
6.
14 EP Equipment
6.14.1 EP Equipment Comapny Information
6.14.2 EP Equipment Business Overview
6.14.3 EP Equipment Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.14.4 EP Equipment Forklift Trucks Product Portfolio
6.14.5 EP Equipment Recent Developments
6.
15 Manitou
6.15.1 Manitou Comapny Information
6.15.2 Manitou Business Overview
6.15.3 Manitou Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Manitou Forklift Trucks Product Portfolio
6.15.5 Manitou Recent Developments
6.
16 Paletrans Equipment
6.16.1 Paletrans Equipment Comapny Information
6.16.2 Paletrans Equipment Business Overview
6.16.3 Paletrans Equipment Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Paletrans Equipment Forklift Trucks Product Portfolio
6.16.5 Paletrans Equipment Recent Developments
6.
17 Combilift
6.17.1 Combilift Comapny Information
6.17.2 Combilift Business Overview
6.17.3 Combilift Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Combilift Forklift Trucks Product Portfolio
6.17.5 Combilift Recent Developments
6.
18 Hubtex Maschinenbau
6.18.1 Hubtex Maschinenbau Comapny Information
6.18.2 Hubtex Maschinenbau Business Overview
6.18.3 Hubtex Maschinenbau Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Hubtex Maschinenbau Forklift Trucks Product Portfolio
6.18.5 Hubtex Maschinenbau Recent Developments
6.
19 Godrej & Boyce
6.19.1 Godrej & Boyce Comapny Information
6.19.2 Godrej & Boyce Business Overview
6.19.3 Godrej & Boyce Forklift Trucks Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Godrej & Boyce Forklift Trucks Product Portfolio
6.19.5 Godrej & Boyce Recent Developments
7 North America by Country
7.1 North America Forklift Trucks Sales by Country
7.1.1 North America Forklift Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Forklift Trucks Sales by Country (2019-2024)
7.1.3 North America Forklift Trucks Sales Forecast by Country (2025-2030)
7.2 North America Forklift Trucks Market Size by Country
7.2.1 North America Forklift Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Forklift Trucks Market Size by Country (2019-2024)
7.2.3 North America Forklift Trucks Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Forklift Trucks Sales by Country
8.1.1 Europe Forklift Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Forklift Trucks Sales by Country (2019-2024)
8.1.3 Europe Forklift Trucks Sales Forecast by Country (2025-2030)
8.2 Europe Forklift Trucks Market Size by Country
8.2.1 Europe Forklift Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Forklift Trucks Market Size by Country (2019-2024)
8.2.3 Europe Forklift Trucks Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Forklift Trucks Sales by Country
9.1.1 Asia-Pacific Forklift Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Forklift Trucks Sales by Country (2019-2024)
9.1.3 Asia-Pacific Forklift Trucks Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Forklift Trucks Market Size by Country
9.2.1 Asia-Pacific Forklift Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Forklift Trucks Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Forklift Trucks Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Forklift Trucks Sales by Country
10.1.1 Latin America Forklift Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Forklift Trucks Sales by Country (2019-2024)
10.1.3 Latin America Forklift Trucks Sales Forecast by Country (2025-2030)
10.2 Latin America Forklift Trucks Market Size by Country
10.2.1 Latin America Forklift Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Forklift Trucks Market Size by Country (2019-2024)
10.2.3 Latin America Forklift Trucks Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Forklift Trucks Sales by Country
11.1.1 Middle East and Africa Forklift Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Forklift Trucks Sales by Country (2019-2024)
11.1.3 Middle East and Africa Forklift Trucks Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Forklift Trucks Market Size by Country
11.2.1 Middle East and Africa Forklift Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Forklift Trucks Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Forklift Trucks Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Forklift Trucks Value Chain Analysis
12.1.1 Forklift Trucks Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Forklift Trucks Production Mode & Process
12.2 Forklift Trucks Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Forklift Trucks Distributors
12.2.3 Forklift Trucks Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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