Global Forklift Lithium Ion Battery Competitive Landscape Professional Research Report 2025

Research Summary

A forklift lithium-ion battery is an advanced and rechargeable power source specifically designed for electric forklifts and material handling equipment. Unlike traditional lead-acid batteries, forklift lithium-ion batteries use lithium-ion technology, which offers several advantages. These batteries are known for their longer lifespan, faster charging times, and higher energy density, allowing for extended operational periods between charges. Forklift lithium-ion batteries also tend to be more compact and lighter, contributing to improved efficiency and maneuverability of the forklift. Additionally, they require minimal maintenance and do not produce emissions, making them an environmentally friendly option for industrial applications. The adoption of lithium-ion technology in forklift batteries is increasing as companies seek to enhance productivity, reduce downtime, and achieve greater sustainability in their material handling operations.

According to DIResearch's in-depth investigation and research, the global Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery include Toyota Material Handling, JB BATTERY, EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, East Penn Manufacturing, Exide Technologies, MIDAC, SYSTEMS SUNLIGHT, ECOBAT Battery Technologies, Crown Battery, Triathlon Batterien GmbH, Amara Raja, Storage Battery Systems, LLC, BAE Batterien, Banner Batteries, Saft 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 Forklift Lithium Ion Battery. 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery Include:

Toyota Material Handling

JB BATTERY

EnerSys

Hitachi Chemical

GS Yuasa

Hoppecke

East Penn Manufacturing

Exide Technologies

MIDAC

SYSTEMS SUNLIGHT

ECOBAT Battery Technologies

Crown Battery

Triathlon Batterien GmbH

Amara Raja

Storage Battery Systems, LLC

BAE Batterien

Banner Batteries

Saft

Forklift Lithium Ion Battery Product Segment Include:

24V

48V

Others

Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery Industry PESTEL Analysis

Chapter 3: Global Forklift Lithium Ion Battery Industry Porter’s Five Forces Analysis

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

Chapter 5: Global Forklift Lithium Ion Battery Market Size and Forecast by Type and Application Analysis

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

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

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

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

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

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

Chapter 12: Global Forklift Lithium Ion Battery 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


1 Forklift Lithium Ion Battery Market Overview
1.1 Product Definition and Statistical Scope
1.2 Forklift Lithium Ion Battery Product by Type
1.2.1 24V
1.2.2 48V
1.2.3 Others
1.3 Forklift Lithium Ion Battery Product by Application
1.3.1 Warehouses
1.3.2 Factories
1.3.3 Distribution Centers
1.3.4 Others
1.4 Global Forklift Lithium Ion Battery Market Revenue and Sales Analysis
1.4.1 Global Forklift Lithium Ion Battery Revenue Market Size Analysis (2020-2032)
1.4.2 Global Forklift Lithium Ion Battery Sales Market Size Analysis (2020-2032)
1.4.3 Global Forklift Lithium Ion Battery Market Sales Price Trend Analysis (2020-2032)
1.5 Forklift Lithium Ion Battery Industry Trends and Innovation
1.5.1 Forklift Lithium Ion Battery Industry Trends and Innovation
1.5.2 Forklift Lithium Ion Battery Market Drivers and Challenges
2 Forklift Lithium Ion Battery Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Forklift Lithium Ion Battery Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Forklift Lithium Ion Battery Market Analysis by Regions
4.1 Global Forklift Lithium Ion Battery Overall Market: 2024 VS 2025 VS 2032
4.2 Global Forklift Lithium Ion Battery Revenue and Forecast Analysis (2020-2032)
4.2.1 Global Forklift Lithium Ion Battery Revenue and Market Share by Region (2020-2025)
4.2.2 Global Forklift Lithium Ion Battery Revenue and Market Share Forecast by Region (2026-2032)
4.3 Global Forklift Lithium Ion Battery Sales and Forecast Analysis (2020-2032)
4.3.1 Global Forklift Lithium Ion Battery Sales and Market Share by Region (2020-2025)
4.3.2 Global Forklift Lithium Ion Battery Sales and Market Share Forecast by Region (2026-2032)
4.4 Global Forklift Lithium Ion Battery Sales Price Trend Analysis (2020-2032)
5 Global Forklift Lithium Ion Battery Market Size by Type and Application
5.1 Global Forklift Lithium Ion Battery Market Size by Type
5.1.1 Global Forklift Lithium Ion Battery Revenue and Forecast Analysis by Type (2020-2032)
5.1.2 Global Forklift Lithium Ion Battery Sales and Forecast Analysis by Type (2020-2032)
5.2 Global Forklift Lithium Ion Battery Market Size by Application
5.2.1 Global Forklift Lithium Ion Battery Revenue and Forecast Analysis by Application (2020-2032)
5.2.2 Global Forklift Lithium Ion Battery Sales and Forecast Analysis by Application (2020-2032)
6 North America
6.1 North America Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
6.2 North America Key Manufacturers Analysis
6.3 North America Forklift Lithium Ion Battery Market Size by Type
6.3.1 North America Forklift Lithium Ion Battery Sales by Type (2020-2032)
6.3.2 North America Forklift Lithium Ion Battery Revenue by Type (2020-2032)
6.4 North America Forklift Lithium Ion Battery Market Size by Application
6.4.1 North America Forklift Lithium Ion Battery Sales by Application (2020-2032)
6.4.2 North America Forklift Lithium Ion Battery Revenue by Application (2020-2032)
6.5 North America Forklift Lithium Ion Battery Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Forklift Lithium Ion Battery Market Size by Type
7.3.1 Europe Forklift Lithium Ion Battery Sales by Type (2020-2032)
7.3.2 Europe Forklift Lithium Ion Battery Revenue by Type (2020-2032)
7.4 Europe Forklift Lithium Ion Battery Market Size by Application
7.4.1 Europe Forklift Lithium Ion Battery Sales by Application (2020-2032)
7.4.2 Europe Forklift Lithium Ion Battery Revenue by Application (2020-2032)
7.5 Europe Forklift Lithium Ion Battery Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
8.2 China Key Manufacturers Analysis
8.3 China Forklift Lithium Ion Battery Market Size by Type
8.3.1 China Forklift Lithium Ion Battery Sales by Type (2020-2032)
8.3.2 China Forklift Lithium Ion Battery Revenue by Type (2020-2032)
8.4 China Forklift Lithium Ion Battery Market Size by Application
8.4.1 China Forklift Lithium Ion Battery Sales by Application (2020-2032)
8.4.2 China Forklift Lithium Ion Battery Revenue by Application (2020-2032)
9 APAC (excl. China)
9.1 APAC (excl. China) Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Forklift Lithium Ion Battery Market Size by Type
9.3.1 APAC (excl. China) Forklift Lithium Ion Battery Sales by Type (2020-2032)
9.3.2 APAC (excl. China) Forklift Lithium Ion Battery Revenue by Type (2020-2032)
9.4 APAC (excl. China) Forklift Lithium Ion Battery Market Size by Application
9.4.1 APAC (excl. China) Forklift Lithium Ion Battery Sales by Application (2020-2032)
9.4.2 APAC (excl. China) Forklift Lithium Ion Battery Revenue by Application (2020-2032)
9.5 APAC (excl. China) Forklift Lithium Ion Battery Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Southeast Asia
10 Latin America
10.1 Latin America Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Forklift Lithium Ion Battery Market Size by Type
10.3.1 Latin America Forklift Lithium Ion Battery Sales by Type (2020-2032)
10.3.2 Latin America Forklift Lithium Ion Battery Revenue by Type (2020-2032)
10.4 Latin America Forklift Lithium Ion Battery Market Size by Application
10.4.1 Latin America Forklift Lithium Ion Battery Sales by Application (2020-2032)
10.4.2 Latin America Forklift Lithium Ion Battery Revenue by Application (2020-2032)
10.5 Latin America Forklift Lithium Ion Battery Market Size by Country
10.6 Latin America Forklift Lithium Ion Battery Market Size by Country
10.6.1 Mexico
10.6.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Forklift Lithium Ion Battery Market Size and Growth Rate Analysis (2020-2032)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Forklift Lithium Ion Battery Market Size by Type
11.3.1 Middle East & Africa Forklift Lithium Ion Battery Sales by Type (2020-2032)
11.3.2 Middle East & Africa Forklift Lithium Ion Battery Revenue by Type (2020-2032)
11.4 Middle East & Africa Forklift Lithium Ion Battery Market Size by Application
11.4.1 Middle East & Africa Forklift Lithium Ion Battery Sales by Application (2020-2032)
11.4.2 Middle East & Africa Forklift Lithium Ion Battery Revenue by Application (2020-2032)
11.5 Middle East Forklift Lithium Ion Battery Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Forklift Lithium Ion Battery Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
12.1.1 Global Forklift Lithium Ion Battery Market Sales by Key Manufacturers (2021-2025)
12.1.2 Global Forklift Lithium Ion Battery Market Revenue by Key Manufacturers (2021-2025)
12.1.3 Global Forklift Lithium Ion Battery Average Sales Price by Manufacturers (2021-2025)
12.2 Forklift Lithium Ion Battery Competitive Landscape Analysis and Market Dynamic
12.2.1 Forklift Lithium Ion Battery Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 Toyota Material Handling
13.1.1 Toyota Material Handling Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 Toyota Material Handling Forklift Lithium Ion Battery Product Portfolio
13.1.3 Toyota Material Handling Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.2 JB BATTERY
13.2.1 JB BATTERY Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 JB BATTERY Forklift Lithium Ion Battery Product Portfolio
13.2.3 JB BATTERY Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.3 EnerSys
13.3.1 EnerSys Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 EnerSys Forklift Lithium Ion Battery Product Portfolio
13.3.3 EnerSys Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.4 Hitachi Chemical
13.4.1 Hitachi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Hitachi Chemical Forklift Lithium Ion Battery Product Portfolio
13.4.3 Hitachi Chemical Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.5 GS Yuasa
13.5.1 GS Yuasa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 GS Yuasa Forklift Lithium Ion Battery Product Portfolio
13.5.3 GS Yuasa Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.6 Hoppecke
13.6.1 Hoppecke Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Hoppecke Forklift Lithium Ion Battery Product Portfolio
13.6.3 Hoppecke Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.7 East Penn Manufacturing
13.7.1 East Penn Manufacturing Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 East Penn Manufacturing Forklift Lithium Ion Battery Product Portfolio
13.7.3 East Penn Manufacturing Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.8 Exide Technologies
13.8.1 Exide Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Exide Technologies Forklift Lithium Ion Battery Product Portfolio
13.8.3 Exide Technologies Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.9 MIDAC
13.9.1 MIDAC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 MIDAC Forklift Lithium Ion Battery Product Portfolio
13.9.3 MIDAC Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.10 SYSTEMS SUNLIGHT
13.10.1 SYSTEMS SUNLIGHT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 SYSTEMS SUNLIGHT Forklift Lithium Ion Battery Product Portfolio
13.10.3 SYSTEMS SUNLIGHT Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.11 ECOBAT Battery Technologies
13.11.1 ECOBAT Battery Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 ECOBAT Battery Technologies Forklift Lithium Ion Battery Product Portfolio
13.11.3 ECOBAT Battery Technologies Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.12 Crown Battery
13.12.1 Crown Battery Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Crown Battery Forklift Lithium Ion Battery Product Portfolio
13.12.3 Crown Battery Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.13 Triathlon Batterien GmbH
13.13.1 Triathlon Batterien GmbH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Triathlon Batterien GmbH Forklift Lithium Ion Battery Product Portfolio
13.13.3 Triathlon Batterien GmbH Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.14 Amara Raja
13.14.1 Amara Raja Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Amara Raja Forklift Lithium Ion Battery Product Portfolio
13.14.3 Amara Raja Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.15 Storage Battery Systems, LLC
13.15.1 Storage Battery Systems, LLC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Storage Battery Systems, LLC Forklift Lithium Ion Battery Product Portfolio
13.15.3 Storage Battery Systems, LLC Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.16 BAE Batterien
13.16.1 BAE Batterien Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 BAE Batterien Forklift Lithium Ion Battery Product Portfolio
13.16.3 BAE Batterien Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.17 Banner Batteries
13.17.1 Banner Batteries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.17.2 Banner Batteries Forklift Lithium Ion Battery Product Portfolio
13.17.3 Banner Batteries Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.18 Saft
13.18.1 Saft Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.18.2 Saft Forklift Lithium Ion Battery Product Portfolio
13.18.3 Saft Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14 Industry Chain Analysis
14.1 Forklift Lithium Ion Battery Industry Chain Analysis
14.2 Forklift Lithium Ion Battery Industry Raw Material and Suppliers Analysis
14.2.1 Forklift Lithium Ion Battery Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Forklift Lithium Ion Battery Typical Downstream Customers
14.4 Forklift Lithium Ion Battery Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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