Global Forklift Battery Market Report, History and Forecast 2019-2030

Global Forklift Battery Market Report, History and Forecast 2019-2030

Global Forklift Battery market size in terms of revenue is projected to reach 4,106.63 million USD by 2030 from 2,399.43 million USD in 2023, with a CAGR 7.10% during 2024-2030. Global Forklift Battery market size in terms of sales is projected to reach 27,747.5 million VAh by 2030 from 16,348.0 million VAh in 2023, with a CAGR 7.95% during 2024-2030.

North America market for Forklift Battery is estimated to increase from 674.46 million USD in 2023 to reach 973.66 million USD by 2030, at a CAGR of 6.30% during the forecast period of 2024 through 2030.

Europe market for Forklift Battery is estimated to increase from 588.12 million USD in 2023 to reach 988.12 million USD by 2030, at a CAGR of 6.40% during the forecast period of 2024 through 2030.

Asia-Pacific market for Forklift Battery is estimated to increase from 899.61 million USD in 2023 to reach 1,750.66 million USD by 2030, at a CAGR of 8.12% during the forecast period of 2024 through 2030.

Latin America market for Forklift Battery is estimated to increase from 120.13 million USD in 2023 to reach 199.94 million USD by 2030, at a CAGR of 7.38% during the forecast period of 2024 through 2030.

Middle East and Africa market for Forklift Battery is estimated to increase from 117.11 million USD in 2023 to reach 194.25 million USD by 2030, at a CAGR of 5.79% during the forecast period of 2024 through 2030.

The major global manufacturers of Forklift Battery include EnerSys, Hitachi Chemical (Showa Denko), GS Yuasa, Hoppecke, East Penn Manufacturing, Exide Industries, Amara Raja, MIDAC, Sunlight, TAB, etc. In 2023, the world's top five vendors accounted for approximately 50.61% of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Forklift Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Forklift Battery.

The Forklift Battery market size, estimations, and forecasts are provided in terms of sales volume (million VAh) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Forklift Battery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Forklift Battery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

Market Segmentation

This report covers the Forklift Battery segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

By Company

EnerSys

Hitachi Chemical (Showa Denko)

GS Yuasa

Hoppecke

East Penn Manufacturing

Exide Industries

Amara Raja

MIDAC

Sunlight

TAB

Crown Battery

BAE Batterien

Banner Batteries

Saft

Electrovaya

Flux Power

FAAM (Seri Industrial)

Tianneng Battery Group

LEOCH

Camel Group

Shandong Sacred Sun Power Sources

Aokly Group

Zibo Torch Energy

BSLBATT

Yantai Goldentide Unikodi Battery

Jiangsu Frey New Energy

Segment by Type

Lead Acid Battery

Lithium-ion Battery

Segment by Application

Warehouse

Factory

Distribution Center

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Europe

Germany

France

U.K.

Italy

Russia

Latin America

Mexico

Brazil

Middle East & Africa

Saudi Arabia

UAE

Egypt

South Africa

Chapter Outline

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Forklift Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Forklift Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.