Global Forklift Truck Market 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,750	198 Pages	Triton Market Research	July, 2023	TRTN18073107

Best Price Guarantee
Price	from $2,750
Length	198 Pages
Publisher	Triton Market Research
Published Date	July, 2023
SKU	TRTN18073107

Global Forklift Truck Market 2023-2030

MARKET OUTLOOK

Based on Triton’s research report, the global forklift truck market is expected to witness growth at a CAGR of 8.08% in revenue and 6.09% in volume during the forecast period 2023-2030.

The growing demand from the e-commerce sector is a key driver of the forklift truck market. As the sector continues to expand, there is an increased need for efficient handling, storage, and transfer of goods in warehouses. Forklift trucks play a vital role in meeting this demand by enabling quick and effective movement of products, enhancing logistics, and improving overall productivity in the e-commerce supply chain.

However, the forklift truck market faces challenges due to stringent training and emissions regulations. Compliance with strict training standards ensures safe operations while meeting emissions regulations. Adhering to these regulations is crucial for market players to maintain operational efficiency and sustainability.

On the other hand, the rising demand for electric forklifts presents significant opportunities in the forklift truck market. As businesses increasingly prioritize sustainability and efficiency, the shift towards electric forklifts offers benefits such as reduced emissions, lower operating costs, and improved workplace safety. Manufacturers can capitalize on this trend by expanding their electric forklift product lines.

REGIONAL OUTLOOK

The global forklift truck market covers Europe, Asia-Pacific, Latin America, North America, and the Middle East and Africa regions.

The Asia-Pacific market for forklift trucks is expected to observe the fastest growth over the forecast period. Countries like China, Japan, and India are actively involved in manufacturing and construction projects, driving the demand for forklift trucks. Additionally, the region’s large consumer base has resulted in the expansion of retail and e-commerce businesses. As these businesses require extensive warehousing, the growing number of warehouse activities in the region further contributes to the demand for forklift trucks. Global players like Amazon and regional players like Alibaba and Flipkart operate in this space, boosting the forklift truck market’s growth in the Asia-Pacific region.

COMPETITIVE OUTLOOK

The well-known companies thriving in the forklift truck market are Toyota Industries Corporation, Kion Group AG, Hyster-Yale Materials Handling Inc, Komatsu Ltd, Jungheinrich AG, Mitsubishi Logisnext Co Ltd, Hangcha Group Co Ltd, Doosan Corporation, Crown Equipment Corporation, and Clark Material Handling.

Toyota Industries Corporation is a global company headquartered in Aichi, Japan. With a diverse product portfolio, ranging from textile machinery to automobiles to material handling equipment, the company provides comprehensive logistics solutions. Under the Toyota Material Handling Group (TMHG), it specializes in the lift truck business, serving customers worldwide. Operating across multiple continents, Toyota Industries delivers logistics efficiencies via brands such as Toyota, BT, Raymond, Cesab, and Tailift.

1. Global Forklift Truck Market - Summary
2. Industry Outlook: 2.1. Impact Analysis On The Forklift Truck Market; 2.1.1. Covid-19 Impact; 2.2. Porter’s Five Forces Analysis; 2.2.1. Threat Of New Entrants; 2.2.2. Threat Of Substitutes; 2.2.3. Bargaining Power Of Buyers; 2.2.4. Bargaining Power Of Suppliers; 2.2.5. Threat Of Competitive Rivalry; 2.3. Market Maturity Analysis; 2.4. Industry Components; 2.4.1. Suppliers; 2.4.2. Manufacturers; 2.4.3. Distributors; 2.4.4. End-user; 2.5. Key Buying Impact Analysis; 2.5.1. Cost; 2.5.2. Engine Type; 2.5.3. Payload Capacities; 2.5.4. Lift Height; 2.6. Key Market Strategies; 2.6.1. Product Launches; 2.6.2. Business Divestitures & Expansions; 2.7. Market Drivers; 2.7.1. Growing Demand From The E-commerce Sector; 2.7.2. Transition Toward Automation Of Manufacturing Plants; 2.8. Market Challenges; 2.8.1. Stringent Training And Emissions Regulations; 2.8.2. Fluctuating Price Of Raw Materials; 2.9. Market Opportunities; 2.9.1. Rising Demand For Electric Forklifts; 2.9.2. Introduction Of Autonomous Vehicle Technology For Material Handling; 2.10. Analyst Perspective
3. Global Forklift Truck Market – By Power Source: 3.1. Ic Engine Powered; 3.2. Electric Powered
4. Global Forklift Truck Market – By Type: 4.1. Class 1; 4.2. Class 2; 4.3. Class 3; 4.4. Class 4 & 5
5. Global Forklift Truck Market – By End-user: 5.1. Retail & E-commerce; 5.2. Construction; 5.3. Manufacturing; 5.4. Other End-users
6. Global Forklift Truck Market – By Regional Outlook: 6.1. North America; 6.1.1. Market By Power Source; 6.1.2. Market By Type; 6.1.3. Market By End-user; 6.1.4. Country Analysis; 6.1.4.1. United States; 6.1.4.1.1. United States Forklift Truck Market Forecast & Prospects; 6.1.4.2. Canada; 6.1.4.2.1. Canada Forklift Truck Market Forecast & Prospects; 6.2. Europe; 6.2.1. Market By Power Source; 6.2.2. Market By Type; 6.2.3. Market By End-user; 6.2.4. Country Analysis; 6.2.4.1. United Kingdom; 6.2.4.1.1. United Kingdom Forklift Truck Market Forecast & Prospects; 6.2.4.2. Germany; 6.2.4.2.1. Germany Forklift Truck Market Forecast & Prospects; 6.2.4.3. France; 6.2.4.3.1. France Forklift Truck Market Forecast & Prospects; 6.2.4.4. Italy; 6.2.4.4.1. Italy Forklift Truck Market Forecast & Prospects; 6.2.4.5. Spain; 6.2.4.5.1. Spain Forklift Truck Market Forecast & Prospects; 6.2.4.6. Rest Of Europe; 6.2.4.6.1. Rest Of Europe Forklift Truck Market Forecast & Prospects; 6.3. Asia-pacific; 6.3.1. Market By Power Source; 6.3.2. Market By Type; 6.3.3. Market By End-user; 6.3.4. Country Analysis; 6.3.4.1. China; 6.3.4.1.1. China Forklift Truck Market Forecast & Prospects; 6.3.4.2. Japan; 6.3.4.2.1. Japan Forklift Truck Market Forecast & Prospects; 6.3.4.3. India; 6.3.4.3.1. India Forklift Truck Market Forecast & Prospects; 6.3.4.4. Asean Countries; 6.3.4.4.1. Asean Countries Forklift Truck Market Forecast & Prospects; 6.3.4.5. Australia & New Zealand; 6.3.4.5.1. Australia & New Zealand Forklift Truck Market Forecast & Prospects; 6.3.4.6. Rest Of Asia-pacific; 6.3.4.6.1. Rest Of Asia-pacific Forklift Truck Market Forecast & Prospects; 6.4. Latin America; 6.4.1. Market By Power Source; 6.4.2. Market By Type; 6.4.3. Market By End-user; 6.4.4. Country Analysis; 6.4.4.1. Brazil; 6.4.4.1.1. Brazil Forklift Truck Market Forecast & Prospects; 6.4.4.2. Mexico; 6.4.4.2.1. Mexico Forklift Truck Market Forecast & Prospects; 6.4.4.3. Rest Of Latin America; 6.4.4.3.1. Rest Of Latin America Forklift Truck Market Forecast & Prospects; 6.5. Middle East And Africa; 6.5.1. Market By Power Source; 6.5.2. Market By Type; 6.5.3. Market By End-user; 6.5.4. Country Analysis; 6.5.4.1. United Arab Emirates; 6.5.4.1.1. United Arab Emirates Forklift Truck Market Forecast & Prospects; 6.5.4.2. Saudi Arabia; 6.5.4.2.1. Saudi Arabia Forklift Truck Market Forecast & Prospects; 6.5.4.3. Turkey; 6.5.4.3.1. Turkey Forklift Truck Market Forecast & Prospects; 6.5.4.4. South Africa; 6.5.4.4.1. South Africa Forklift Truck Market Forecast & Prospects; 6.5.4.5. Rest Of Middle East And Africa; 6.5.4.5.1. Rest Of Middle East And Africa Forklift Truck Market Forecast & Prospects
7. Competitive Landscape: 7.1. Toyota Industries Corporation; 7.1.1. Overview; 7.1.2. Product Portfolio; 7.1.3. Key Strengths; 7.1.4. Key Challenge; 7.2. Kion Group Ag; 7.2.1. Overview; 7.2.2. Product Portfolio; 7.2.3. Key Strength; 7.2.4. Key Challenge; 7.3. Hyster-yale Materials Handling Inc; 7.3.1. Overview; 7.3.2. Product Portfolio; 7.3.3. Key Strength; 7.3.4. Key Challenge; 7.4. Komatsu Ltd; 7.4.1. Overview; 7.4.2. Product Portfolio; 7.4.3. Key Strength; 7.4.4. Key Challenge; 7.5. Jungheinrich Ag; 7.5.1. Overview; 7.5.2. Product Portfolio; 7.5.3. Key Strength; 7.5.4. Key Challenge; 7.6. Mitsubishi Logisnext Co Ltd; 7.6.1. Overview; 7.6.2. Product Portfolio; 7.6.3. Key Strength; 7.6.4. Key Challenge; 7.7. Hangcha Group Co Ltd; 7.7.1. Overview; 7.7.2. Product Portfolio; 7.7.3. Key Strengths; 7.7.4. Key Challenge; 7.8. Doosan Corporation; 7.8.1. Overview; 7.8.2. Product Portfolio; 7.8.3. Key Strength; 7.8.4. Key Challenge; 7.9. Crown Equipment Corporation; 7.9.1. Overview; 7.9.2. Product Portfolio; 7.9.3. Key Strength; 7.9.4. Key Challenge; 7.10. Clark Material Handling Company; 7.10.1. Overview; 7.10.2. Product Portfolio; 7.10.3. Key Strength; 7.10.4. Key Challenge
8. Research Methodology & Scope: 8.1. Research Scope & Deliverables; 8.2. Sources Of Data; 8.3. Research Methodology
Table List: Table 1: Global Forklift Truck Market, By Regional Outlook, 2023-2030 (In $ Million); Table 2: Global Forklift Truck Market, By Regional Outlook, 2023-2030 (In Thousand Units); Table 3: List Of Product Launches; Table 4: List Of Business Divestitures & Expansions; Table 5: Global Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 6: Global Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 7: Global Forklift Truck Market, By End-user, 2023-2030 (In $ Million); Table 8: Global Forklift Truck Market, By Regional Outlook, 2023-2030 (In $ Million); Table 9: North America Forklift Truck Market, By Country Outlook, 2023-2030 (In $ Million); Table 10: North America Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 11: North America Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 12: North America Forklift Truck Market, By End-user, 2023-2030 (In $ Million); Table 13: Europe Forklift Truck Market, By Country Outlook, 2023-2030 (In $ Million); Table 14: Europe Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 15: Europe Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 16: Europe Forklift Truck Market, By End-user, 2023-2030 (In $ Million); Table 17: Asia-pacific Forklift Truck Market, By Country Outlook, 2023-2030 (In $ Million); Table 18: Asia-pacific Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 19: Asia-pacific Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 20: Asia-pacific Forklift Truck Market, By End-user, 2023-2030 (In $ Million); Table 21: Latin America Forklift Truck Market, By Country Outlook, 2023-2030 (In $ Million); Table 22: Latin America Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 23: Latin America Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 24: Latin America Forklift Truck Market, By End-user, 2023-2030 (In $ Million); Table 25: Middle East And Africa Forklift Truck Market, By Country Outlook, 2023-2030 (In $ Million); Table 26: Middle East And Africa Forklift Truck Market, By Power Source, 2023-2030 (In $ Million); Table 27: Middle East And Africa Forklift Truck Market, By Type, 2023-2030 (In $ Million); Table 28: Middle East And Africa Forklift Truck Market, By End-user, 2023-2030 (In $ Million)
Figure List: Figure 1: Market Maturity Analysis; Figure 2: Industry Components; Figure 3: Key Buying Impact Analysis; Figure 4: Global Forklift Truck Market, By Power Source, 2022-2030 (In %); Figure 5: Global Forklift Truck Market, By Ic Engine Powered, 2023-2030 (In $ Million); Figure 6: Global Forklift Truck Market, By Electric Powered, 2023-2030 (In $ Million); Figure 7: Global Forklift Truck Market, By Type, 2022 & 2030 (In %); Figure 8: Global Forklift Truck Market, By Class 1, 2023-2030 (In $ Million); Figure 9: Global Forklift Truck Market, By Class 2, 2023-2030 (In $ Million); Figure 10: Global Forklift Truck Market, By Class 3, 2023-2030 (In $ Million); Figure 11: Global Forklift Truck Market, By Class 4 & 5, 2023-2030 (In $ Million); Figure 12: Global Forklift Truck Market, By End-user, 2022 & 2030 (In %); Figure 13: Global Forklift Truck Market, By Retail & E-commerce, 2023-2030 (In $ Million); Figure 14: Global Forklift Truck Market, By Construction, 2023-2030 (In $ Million); Figure 15: Global Forklift Truck Market, By Manufacturing, 2023-2030 (In $ Million); Figure 16: Global Forklift Truck Market, By Other End-users, 2023-2030 (In $ Million); Figure 17: Global Forklift Truck Market, By Regional Outlook, 2022-2030 (In %); Figure 18: United States Forklift Truck Market 2023-2030 (In $ Million); Figure 19: Canada Forklift Truck Market 2023-2030 (In $ Million); Figure 20: United Kingdom Forklift Truck Market 2023-2030 (In $ Million); Figure 21: Germany Forklift Truck Market 2023-2030 (In $ Million); Figure 22: France Forklift Truck Market 2023-2030 (In $ Million); Figure 23: Italy Forklift Truck Market 2023-2030 (In $ Million); Figure 24: Spain Forklift Truck Market 2023-2030 (In $ Million); Figure 25: Rest Of Europe Forklift Truck Market 2023-2030 (In $ Million); Figure 26: China Forklift Truck Market 2023-2030 (In $ Million); Figure 27: Japan Forklift Truck Market 2023-2030 (In $ Million); Figure 28: India Forklift Truck Market 2023-2030 (In $ Million); Figure 29: Asean Countries Forklift Truck Market 2023-2030 (In $ Million); Figure 30: Australia & New Zealand Forklift Truck Market 2023-2030 (In $ Million); Figure 31: Rest Of Asia-pacific Forklift Truck Market 2023-2030 (In $ Million); Figure 32: Brazil Forklift Truck Market 2023-2030 (In $ Million); Figure 33: Mexico Forklift Truck Market 2023-2030 (In $ Million); Figure 34: Rest Of Latin America Forklift Truck Market 2023-2030 (In $ Million); Figure 35: United Arab Emirates Forklift Truck Market 2023-2030 (In $ Million); Figure 36: Saudi Arabia Forklift Truck Market 2023-2030 (In $ Million); Figure 37: Turkey Forklift Truck Market 2023-2030 (In $ Million); Figure 38: South Africa Forklift Truck Market 2023-2030 (In $ Million); Figure 39: Rest Of Middle East & Africa Forklift Truck Market 2023-2030 (In $ Million)