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Global Industrial Vehicles Market Analysis 2022

Best Price Guarantee Publisher Published Date SKU
from $2,800 Syngene Research LLP May, 2022 SYNR17296691
Best Price Guarantee
Price from $2,800
Publisher Syngene Research LLP
Published Date May, 2022
SKU SYNR17296691

Global Industrial Vehicles Market Analysis 2022

The Global Industrial Vehicles Market is expected to reach $57.12 billion by 2028 growing at a CAGR of 5.2% from 2021 to 2028. Industrial vehicles refer to any vehicle that is used to push, pull, carry, lift, or stack materials for use in industries. These industrial vehicles come in various sizes and are configured to mount specialized heavy equipment trucks. Industrial vehicles facilitate the movement of goods efficiently and safely with no or very low emissions. The various types of industrial vehicles used by different industries are burden carriers, stock chasers, tow tractors, and utility vehicles.

Factors such as increasing focus on improving workplace safety, rising technological advancements aimed at increasing productivity, and growing smart factories in material handling industry are driving the growth of the market. However, high maintenance, safety concerns, and stringent government regulations are restraining the growth of the market.

Based on vehicle type, the aisle trucks segment is going to have a lucrative growth during the forecast period which can be attributed to their low operational cost, efficiency, and reliable operation. It increases productivity by providing additional storage space, as it can be operated in much narrower aisles. It uses electric motors and generally comes in stand-up riders. Moreover, aisle trucks also offer several benefits such as superior load/lift capacity and comfort & safety in small spaces which results in gaining significant traction in the global industrial vehicles market and is anticipated to grow at a noticeable rate in the near future.

The key vendors mentioned are Anhui Heli Co., Ltd, CARGOTEC CORPORATION, CLARK, Crown Equipment Corporation, Daifuku Co., Ltd, Doosan Corporation, Hangcha Group Co. Ltd, Hyster-Yale Materials Handling, Inc, Jungheinrich AG, Kion Group AG, Konecranes plc, Manitou BF, Mitsubishi Logisnext Co., Ltd, SSI Schaefer Systems SA, and Toyota Industries Corporation.

Drive Types Covered:

  • Battery-operated
  • Gas-powered
  • Internal Combustion Engine (ICE)
Vehicle Types Covered:
  • Aisle Trucks
  • Container Handlers
  • Forklifts
  • Tow Tractors
Aerial Work Platforms Covered:
  • Scissor Lifts
  • Boom Lifts
Level of Autonomies Covered:
  • Autonomous
  • Non/Semi-Autonomous
Applications Covered:
  • Cargo
  • Freight & Logistics
  • Industrial
  • Manufacturing
  • Warehousing
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Vehicles Market, By Drive Type
5.1 Introduction
5.2 Battery-operated
5.3 Gas-powered
5.4 Internal Combustion Engine (ICE)
6 Global Industrial Vehicles Market, By Vehicle Type
6.1 Introduction
6.2 Aisle Trucks
6.3 Container Handlers
6.4 Forklifts
6.5 Tow Tractors
7 Global Industrial Vehicles Market, By Aerial Work Platform
7.1 Introduction
7.2 Scissor Lifts
7.3 Boom Lifts
8 Global Industrial Vehicles Market, By Level of Autonomy
8.1 Introduction
8.2 Autonomous
8.3 Non/Semi-Autonomous
9 Global Industrial Vehicles Market, By Application
9.1 Introduction
9.2 Cargo
9.3 Freight & Logistics
9.4 Industrial
9.5 Manufacturing
9.6 Warehousing
10 Global Industrial Vehicles Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Anhui Heli Co., Ltd
12.2 CARGOTEC CORPORATION
12.3 CLARK
12.4 Crown Equipment Corporation
12.5 Daifuku Co., Ltd
12.6 Doosan Corporation
12.7 Hangcha Group Co. Ltd
12.8 Hyster-Yale Materials Handling, Inc
12.9 Jungheinrich AG
12.10 Kion Group AG
12.11 Konecranes plc
12.12 Manitou BF
12.13 Mitsubishi Logisnext Co., Ltd
12.14 SSI Schaefer Systems SA
12.15 Toyota Industries Corporation
List of Data Tables
Table 1 Global Industrial Vehicles Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 3 Global Industrial Vehicles Market Outlook, By Battery-operated (2020-2028) ($MN)
Table 4 Global Industrial Vehicles Market Outlook, By Gas-powered (2020-2028) ($MN)
Table 5 Global Industrial Vehicles Market Outlook, By Internal Combustion Engine (ICE) (2020-2028) ($MN)
Table 6 Global Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 7 Global Industrial Vehicles Market Outlook, By Aisle Trucks (2020-2028) ($MN)
Table 8 Global Industrial Vehicles Market Outlook, By Container Handlers (2020-2028) ($MN)
Table 9 Global Industrial Vehicles Market Outlook, By Forklifts (2020-2028) ($MN)
Table 10 Global Industrial Vehicles Market Outlook, By Tow Tractors (2020-2028) ($MN)
Table 11 Global Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 12 Global Industrial Vehicles Market Outlook, By Scissor Lifts (2020-2028) ($MN)
Table 13 Global Industrial Vehicles Market Outlook, By Boom Lifts (2020-2028) ($MN)
Table 14 Global Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 15 Global Industrial Vehicles Market Outlook, By Autonomous (2020-2028) ($MN)
Table 16 Global Industrial Vehicles Market Outlook, By Non/Semi-Autonomous (2020-2028) ($MN)
Table 17 Global Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)
Table 18 Global Industrial Vehicles Market Outlook, By Cargo (2020-2028) ($MN)
Table 19 Global Industrial Vehicles Market Outlook, By Freight & Logistics (2020-2028) ($MN)
Table 20 Global Industrial Vehicles Market Outlook, By Industrial (2020-2028) ($MN)
Table 21 Global Industrial Vehicles Market Outlook, By Manufacturing (2020-2028) ($MN)
Table 22 Global Industrial Vehicles Market Outlook, By Warehousing (2020-2028) ($MN)
Table 23 North America Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 24 North America Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 25 North America Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 26 North America Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 27 North America Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)
Table 28 Europe Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 29 Europe Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 30 Europe Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 31 Europe Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 32 Europe Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)
Table 33 Asia Pacific Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 34 Asia Pacific Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 35 Asia Pacific Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 36 Asia Pacific Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 37 Asia Pacific Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)
Table 38 South America Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 39 South America Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 40 South America Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 41 South America Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 42 South America Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)
Table 43 Middle East & Africa Industrial Vehicles Market Outlook, By Drive Type (2020-2028) ($MN)
Table 44 Middle East & Africa Industrial Vehicles Market Outlook, By Vehicle Type (2020-2028) ($MN)
Table 45 Middle East & Africa Industrial Vehicles Market Outlook, By Aerial Work Platform (2020-2028) ($MN)
Table 46 Middle East & Africa Industrial Vehicles Market Outlook, By Level of Autonomy (2020-2028) ($MN)
Table 47 Middle East & Africa Industrial Vehicles Market Outlook, By Application (2020-2028) ($MN)

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