Global Electric Forklift Competitive Landscape Professional Research Report 2025

Global Electric Forklift Competitive Landscape Professional Research Report 2025

Research Summary

An electric forklift is a type of powered industrial truck used for material handling and lifting tasks in warehouses, factories, and logistics environments. Unlike their counterparts powered by internal combustion engines, electric forklifts are equipped with electric motors and are typically powered by rechargeable batteries. They offer advantages in terms of reduced emissions, quieter operation, and lower operating costs. Electric forklifts come in various configurations, such as counterbalanced forklifts, reach trucks, and pallet jacks, and are highly maneuverable, making them suitable for indoor applications where exhaust emissions and noise control are essential. These forklifts provide efficient and environmentally friendly solutions for moving and stacking goods, contributing to sustainability and improved working conditions in industrial settings.

According to DIResearch's in-depth investigation and research, the global Electric Forklift market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Electric Forklift include Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Doosan Corporation Industrial Vehicle, Clark Material Handling, Komatsu, Hyundai Heavy Industries, Combilift, Lonking, EP Equipment, Hubtex Maschinenbau, Paletrans Equipment, Godrej & Boyce etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Electric Forklift. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Forklift market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Electric Forklift market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Forklift industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Electric Forklift Include:

Toyota

Kion

Jungheinrich

Mitsubishi Logisnext

Crown Equipment

Hyster-Yale

Anhui Heli

Hangcha

Doosan Corporation Industrial Vehicle

Clark Material Handling

Komatsu

Hyundai Heavy Industries

Combilift

Lonking

EP Equipment

Hubtex Maschinenbau

Paletrans Equipment

Godrej & Boyce

Electric Forklift Product Segment Include:

Electric counterbalanced forklift

Electric ride-type warehouse forklift

Electric walk-in warehouse forklift

Electric Forklift Product Application Include:

Warehouses

Factories

Distribution Centers

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Electric Forklift Industry PESTEL Analysis

Chapter 3: Global Electric Forklift Industry Porter’s Five Forces Analysis

Chapter 4: Global Electric Forklift Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Electric Forklift Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Electric Forklift Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Electric Forklift Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources