Global Electric Order Pickers Market Growth 2023-2029
The machine known as an order picker is an electric lift truck specifically designed for filling individual customer orders which require piece-part or case picking, rather than full pallets or unit loads. Order pickers are used at elevations higher than the second level of racking in a warehouse or distribution center.
LPI (LP Information)' newest research report, the “Electric Order Pickers Industry Forecast” looks at past sales and reviews total world Electric Order Pickers sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Order Pickers sales for 2023 through 2029. With Electric Order Pickers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Order Pickers industry.
This Insight Report provides a comprehensive analysis of the global Electric Order Pickers 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 Electric Order Pickers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Order Pickers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Order Pickers 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 Electric Order Pickers.
The global Electric Order Pickers market size is projected to grow from US$ 815.3 million in 2022 to US$ 1137.7 million in 2029; it is expected to grow at a CAGR of 1137.7 from 2023 to 2029.
Global key players of Electric Order Pickers include Toyota, Kion Group, Jungheinrich AG, Crown Equipment, Mitsubishi Logisnext and Hyster-Yale, etc. Top five players occupy for a share about 72%. Europe is the largest market, with a share about 45%, followed by North America and China. In terms of product, Low Level Electric Order Pickers is the largest segment, with a share over 50%. In terms of application, Warehouse and logistics is the largest market, with a share over 49%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Order Pickers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Level
Medium Level
High Level
Segmentation by application
Warehouses
Factories
Distribution Centers
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Toyota
Kion Group
Jungheinrich
Crown Equipment
Mitsubishi Logisnext
Hyster-Yale
Hyundai Heavy Industries
Doosan Industrial Vehicles
Clark Material Handling Company
EP Equipment
Komatsu
Manitou
Hangcha
TAWI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Order Pickers market?
What factors are driving Electric Order Pickers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Order Pickers market opportunities vary by end market size?
How does Electric Order Pickers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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