Global Commercial Electric Forklift Battery Market Growth 2025-2031

The global Commercial Electric Forklift Battery market size is predicted to grow from US$ 2410 million in 2025 to US$ 3187 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

The forklift battery is a battery for powering electric forklifts. It is mainly divided into lead-acid batteries and lithium-ion batteries.

The commercial electric forklift battery market refers to the sector that deals with the production, distribution, and adoption of batteries specifically designed for electric forklifts and other similar industrial vehicles. Electric forklifts have gained popularity due to their environmental benefits, reduced operational costs, and improved efficiency compared to traditional internal combustion engine forklifts.

LP Information, Inc. (LPI) ' newest research report, the “Commercial Electric Forklift Battery Industry Forecast” looks at past sales and reviews total world Commercial Electric Forklift Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial Electric Forklift Battery sales for 2025 through 2031. With Commercial Electric Forklift Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Electric Forklift Battery industry.

This Insight Report provides a comprehensive analysis of the global Commercial Electric Forklift Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Electric Forklift Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Electric Forklift Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Electric Forklift Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Electric Forklift Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Electric Forklift Battery market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Lead-Acid Battery
Li-Ion Battery

Segmentation by Application:
Warehouses
Factories
Distribution Centers
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
EnerSys
Hoppecke
East Penn Manufacturing
Exide Technologies
Hitachi Chemical
GS Yuasa
Systems Sunlight
Saft
Electrovaya
FAAM
LEOCH
Tianneng Battery Group
Zibo Torch Energy
Shandong Sacred Sun Power Sources
Camel Group
Yingde Aokly Power Co
BSLBATT
Yantai Goldentide Unikodi Battery Co
Jiangsu Frey New Energy Co
Ecobat
Triathlon Batterien GmbH
Crown Battery
Amara Raja

Key Questions Addressed in this Report

What is the 10-year outlook for the global Commercial Electric Forklift Battery market?

What factors are driving Commercial Electric Forklift Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Commercial Electric Forklift Battery market opportunities vary by end market size?

How does Commercial Electric Forklift Battery break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.