Global Forklift Gearboxes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Forklift Gearboxes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Forklift Gearboxes market size was valued at USD 1285.2 million in 2023 and is forecast to a readjusted size of USD 2167.3 million by 2030 with a CAGR of 7.8% during review period.

Since the engine cannot be reversed, the forward and reverse movements of the forklift are also resolved by the transmission. The main function of the gearbox is to adapt to the vehicle's starting, acceleration, and high-speed driving on a flat road under various road conditions. In addition, the gearbox can also cut off the operation of the engine and the drive system for a longer period of time and separate them from each other.

In the past ten years, the global sales of forklifts have maintained a steady growth trend. According to the data of the World Industrial Vehicle Statistics Society (WITS), in 2010, the global sales volume of forklifts was only 740,700 units; since 2014, the global sales volume of forklifts has maintained at more than one million units per year; except for the impact of economic fluctuations in 2015, forklift sales volume In addition to a slight decline, 2016-2018 maintained rapid growth; by 2019, global forklift sales reached 1,493,300 units; during the ten-year period from 2010 to 2019, the compound growth rate of global forklift sales was 8.10%. Sales of forklift gearboxes have increased along with sales of forklifts.

The Global Info Research report includes an overview of the development of the Forklift Gearboxes industry chain, the market status of Warehouses (Internal Combustion Gearbox, Electric Gearbox), Factories (Internal Combustion Gearbox, Electric Gearbox), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Forklift Gearboxes.

Regionally, the report analyzes the Forklift Gearboxes markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Forklift Gearboxes market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Forklift Gearboxes market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Forklift Gearboxes industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Internal Combustion Gearbox, Electric Gearbox).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Forklift Gearboxes market.

Regional Analysis: The report involves examining the Forklift Gearboxes market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Forklift Gearboxes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Forklift Gearboxes:

Company Analysis: Report covers individual Forklift Gearboxes manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Forklift Gearboxes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Warehouses, Factories).

Technology Analysis: Report covers specific technologies relevant to Forklift Gearboxes. It assesses the current state, advancements, and potential future developments in Forklift Gearboxes areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Forklift Gearboxes market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Forklift Gearboxes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Internal Combustion Gearbox
Electric Gearbox

Market segment by Application
Warehouses
Factories
Distribution Centers
Others

Major players covered
Leavitt
ZF
PMP
Toyota Tsusho
KION
Jungheinrich
Logisnext
Crown
Hyster
Doosan
Clark
Jindao
Anhui Heli
Okamura
Zhongchai
Zhejiang Shuanghuan Driveline Co., Ltd
Advance

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 Forklift Gearboxes product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Forklift Gearboxes, with price, sales, revenue and global market share of Forklift Gearboxes from 2019 to 2024.

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

Chapter 4, the Forklift Gearboxes breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

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 2017 to 2023.and Forklift Gearboxes market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

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 Forklift Gearboxes.

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