Global Lithium-ion Electric Counterbalanced Forklifts Market Growth 2025-2031

The global Lithium-ion Electric Counterbalanced Forklifts market size is predicted to grow from US$ 4214 million in 2025 to US$ 5540 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.



A lithium-ion electric counterbalanced forklift refers to an electric forklift that uses a lithium-ion battery as its power source. It primarily consists of a power unit, chassis, working equipment, and electrical appliances. The forklift is equipped with lifting forks at the front and a counterweight at the rear. It operates by using the lithium-ion battery to drive the motor, which powers the movement of the forklift and the lifting and lowering of the forks. It maintains balance and stability during the lifting and transportation of loads through the vehicle's weight and the counterweight at the rear, enabling the transfer of goods. This type of forklift has extensive applications in the logistics and warehousing industry.

United States market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Lithium-ion Electric Counterbalanced Forklifts players cover Bobcat Company (Doosan), Crown Equipment Corporation, TCM, Kalmar, Linde Material Handling, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

This Insight Report provides a comprehensive analysis of the global Lithium-ion Electric Counterbalanced Forklifts 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 Lithium-ion Electric Counterbalanced Forklifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium-ion Electric Counterbalanced Forklifts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-ion Electric Counterbalanced Forklifts 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 Lithium-ion Electric Counterbalanced Forklifts.

This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-ion Electric Counterbalanced Forklifts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Lifting Weight: Less than 2 tons
Lifting Weight: 2-5 tons
Lifting Weight: More than 5 tons

Segmentation by Application:
Industrial Manufacturing
Warehouse and Logistics
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 analysing the company's coverage, product portfolio, its market penetration.
Bobcat Company (Doosan)
Crown Equipment Corporation
TCM
Kalmar
Linde Material Handling
Toyota Material Handling
The Raymond Corporation
EP Equipment
Jungheinrich AG
MITSUBISHI LOGISNEXT EUROPE B.V.
Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA)
Greenpower
BYD
Hyster-Yale Materials Handling, Inc.
Lifmex
HOPPER
HANGCHA
HELI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lithium-ion Electric Counterbalanced Forklifts market?

What factors are driving Lithium-ion Electric Counterbalanced Forklifts market growth, globally and by region?

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

How do Lithium-ion Electric Counterbalanced Forklifts market opportunities vary by end market size?

How does Lithium-ion Electric Counterbalanced Forklifts break out by Type, by Application?

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