Global Counterbalanced Forklift Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Counterbalanced Forklift market size was valued at US$ 541 million in 2024 and is forecast to a readjusted size of USD 701 million by 2031 with a CAGR of 3.8% during review period.

This type of forklift is preferred for extremely heavy loads. A dense mass at the rear of the machine counterbalances the load on the front fork. Mainly used indoors and on smooth surfaces, this type of forklift is equipped with adjustable support legs. Counterbalance forklifts are most commonly used in warehouses.

Counterbalanced forklifts are the most widely used forklifts. The fork is outside the center line of the front wheel. In order to overcome the overturning moment generated by the cargo, a balance weight is installed at the tail of the forklift. This kind of forklift is suitable for working in open-air freight yards. It generally uses pneumatic tires, has a relatively fast running speed, and has good climbing ability. When picking up or unloading, the mast can move forward. It is convenient for the fork to be inserted, and the mast is tilted backward after picking up the goods to keep the goods stable during operation. A counterbalanced forklift is mainly composed of an engine, a chassis (including a transmission system, a steering system, a frame, etc.), a mast, a fork frame, a hydraulic system, an electrical system, and a counterweight. The forklift mast is generally a two-stage mast with a lifting height of 2-4m.

This report is a detailed and comprehensive analysis for global Counterbalanced Forklift market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Counterbalanced Forklift market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Counterbalanced Forklift market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Counterbalanced Forklift market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Counterbalanced Forklift market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Counterbalanced Forklift

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Counterbalanced Forklift market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota Industries, Kion, Jungheinrich AG, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale Materials Handling, Anhui Heli, Hangcha, Clark Material Handling Company, Doosan Industrial Vehicles, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Counterbalanced Forklift market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Electric Counterbalance Forklift
Internal Combustion Counterbalanced Forklift

Market segment by Application
Warehouses
Factories
Distribution Centers
Others

Major players covered
Toyota Industries
Kion
Jungheinrich AG
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale Materials Handling
Anhui Heli
Hangcha
Clark Material Handling Company
Doosan Industrial Vehicles
Komatsu
Lonking
Hyundai Heavy Industries

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Counterbalanced Forklift product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Counterbalanced Forklift, with price, sales quantity, revenue, and global market share of Counterbalanced Forklift from 2020 to 2025.

Chapter 3, the Counterbalanced Forklift competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Counterbalanced Forklift breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Counterbalanced Forklift market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Counterbalanced Forklift.

Chapter 14 and 15, to describe Counterbalanced Forklift sales channel, distributors, customers, research findings and conclusion.