Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The global forklift truck market was valued at US$ 17.74 billion in 2016 and is projected to exhibit a CAGR of 3.74% over the forecast period, reaching US$ 23.81 billion by 2025. Fork lift trucks are mainly used for material handling, lifting, and stacking of discrete loads throughout the facility. These vehicles can be used with a variety of attachments such as clamps, grippers, and platforms to move and handle different types of materials and loads. Expansion of the logistics industry and economic growth in emerging economies have led to increasing logistics volume, therefore boosting growth of the forklift trucks market.
Market Dynamics
According to this report, one of the major growth drivers of the forklift market include increasing demand for these forklift trucks in the global e-commerce and warehouse sectors, increasing demand for global trade, growth in the container and shipping industry, and rampant globalization of supply chains. The global e-commerce market is expected to witness steady growth, exhibiting a CAGR of over 12% over the forecast period. Growth of the e-commerce market is driven by diverse portfolio of product segments such as electronic gadgets, apparels, books, and cosmetics. However, high costs of battery-operated and fuel-cell forklift coupled with the growing environmental concerns regarding the use of IC-engine type forklift trucks are expected to hinder growth of the forklift market over the forecast period. Some of the major trends identified in the forklift truck market are increasing demand for battery-operated forklifts to reduce CO2 emission from IC engine powered trucks and increasing demand for automation in emerging economies.
Market Taxonomy
This report segments the global forklift truck market on the basis of product type, class, engine power, fuel type, end-use industry, lifting capacity, and geographical region. On the basis of product type, the global forklift market is segmented into warehouse and counterbalance. Warehouse segmented is further sub-segmented into pedestrian and rider. On the basis of class, the market is segmented into electric motor rider trucks, electric motor narrow aisle trucks, electric motor pedestrian trucks, internal combustion engine trucks (solid/cushion tires), electric and internal combustion engine tractors, and rough terrain. On the basis of engine, the market is segmented into IC engine and electric power engine. On the basis of fuel type, the market is segmented into diesel, gasoline& LPG/CNG, and electric/hybrid. On the basis of end-use industry, the market is segmented into Retail & Wholesale, transportation & logistics, Automotive and Electrical Engineering, Food Industry, and other industries (chemical, wooden, and paper & print industry). On the basis of geography, the forklift market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East.
Key features of the study:
This report provides an in-depth analysis of the forklift market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global forklift market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Toyota Industries Corporation, Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Inc., Crown Equipment Corporation, Mitsubishi Nichiyu Forklift Co., Ltd., UniCarriers corp., Anhui Heli Co., Ltd., Komatsu Ltd., Clark Material Handling Company, Doosan Industrial Vehicle and Hangcha Group Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global forklift market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the forklift market
Detailed Segmentation:
Global Forklift Truck Market, By Product Type:
Warehouse
Pedestrian
Rider
Counterbalance
Global Forklift Truck Market, By Class:
Class I : Electric Motor Rider Trucks
Class II : Electric Motor Narrow Aisle Trucks
Class III : Electric Motor Pedestrian Trucks
Class IV : Internal Combustion Engine Trucks (Solid/Cushion Tires)
Class V : Electric and Internal Combustion Engine Tractors
Class VI: Rough Terrain Forklift Trucks
Global Forklift Truck Market, By Fuel Type:
Diesel
Gasoline& LPG/CNG
Electric/Hybrid
Global Forklift Truck Market, By Engine Type:
IC Engine Power
Electric Power
Global Forklift Truck Market, By End-use Industry:
Passenger Cars
Retail & Wholesale
Transportation & logistics
Automotive and Electrical engineering
Food Industry
Other Industries (Chemical, Timber, and Paper & Print Industry)
Global Forklift Truck Market, By Lifting Capacity:
<5 ton
5 ton - 10 ton
11 ton - 36 ton
>36 ton
Global Forklift Truck Market, By Geography:
North America
Market Size and Forecast, By Product Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Class, 2015 - 2025 (USD Million)
Market Size and Forecast, By Fuel Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Engine Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
U.S.
Canada
Europe
Market Size and Forecast, By Product Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Class, 2015 - 2025 (USD Million)
Market Size and Forecast, By Fuel Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Engine Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Market Size and Forecast, By Product Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Class, 2015 - 2025 (USD Million)
Market Size and Forecast, By Fuel Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Engine Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Market Size and Forecast, By Product Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Class, 2015 - 2025 (USD Million)
Market Size and Forecast, By Fuel Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Engine Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
Brazil
Mexico
Rest of Latin America
Middle East
Market Size and Forecast, By Product Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Class, 2015 - 2025 (USD Million)
Market Size and Forecast, By Fuel Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By Engine Type, 2015 - 2025 (USD Million)
Market Size and Forecast, By End Users, 2015 - 2025 (USD Million)
GCC
Israel
Rest of Middle East
Company Profiles
Toyota Industries Corporation *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Daimler AG
Kion Group AG
Jungheinrich AG
Hyster-Yale Materials Handling, Inc.
Crown Equipment Corporation
Mitsubishi Nichiyu Forklift Co., Ltd.
UniCarriers corp.
Anhui Heli Co., Ltd.
Komatsu Ltd.
Clark Material Handling Company
Doosan Industrial Vehicle
Hangcha Group Co., Ltd.
Available Customizations
Automated Material Handling Equipment Market
Global Cranes Market
Global Telehandlers Market for Construction Industry
*Browse all the market data tables and figures on "Global Forklift Truck Market - Global forecast to 2025”.
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
? Market Definition and Scope
o Executive Summary
? Market Snippet, By Product Type
? Market Snippet By Class
? Market Snippet By Fuel Type
? Market Snippet By Engine Type
? Market Snippet By Lifting Capacity
? Market Snippet By End-User Industry
? Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
? Drivers
? Restraints
? Market Opportunities
? Regulatory Scenario
? Industry Trend
? PEST Analysis
? Merger and Acquisitions
? New Product Approvals/Launch
? Promotion and Marketing Initiatives
4. Global Forklift Truck Market Analysis, By Product Type, 2016 - 2025
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Warehouse
? Introduction
? Market Size and Future Potential, 2015 - 2025
? Industry Segment Analysis
? Pedestrian
? Rider
o Counterbalance
? Introduction
? Market Size and Future Potential, 2015 - 2025
5. Global Forklift Truck Market, By Class, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Electric Motor Rider Trucks
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Electric Motor Narrow Aisle Trucks
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Electric Motor Pedestrian Trucks
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Internal Combustion Engine Trucks (solid/cushion tires)
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Electric and Internal Combustion Engine Tractors
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Rough Terrain Forklift Trucks
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
6. Global Forklift Truck Market, By Fuel Type, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Diesel
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Gasoline & LPG/CNG
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Electric/Hybrid
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
7. Global Forklift Truck Market, By Engine Type, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o IC Engine Power
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Electric Power
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
? Market Size and Future Potential, 2015 - 2025
8. Global Forklift Truck Market, By Lifting Capacity, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o <5 Ton
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o 5 Ton - 10 Ton
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o 11 Ton - 36 Ton
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o >36 Ton
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
9. Global Forklift Truck Market, By End Users, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, 2015 and 2025 (%)
? Segment Trends
o Retail and Wholesale
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Transportation and Logistics
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Automotive and Electrical Engineering
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Food Industry
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
o Other Industries (Chemical, Timber, and Paper and Print Industry)
? Introduction
? Market Size and Forecast, 2015 - 2025, (US$ Million)
10. Global Forklift Truck Market, By Regions, 2016 - 2025 (US$ Million)
o Introduction
? Market Share Analysis, By Region, 2015 and 2025 (%)
? Y-O-Y Growth Analysis, For Regions, 2015 - 2025
o North America
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? U.S.
? Canada
o Europe
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? Germany
? U.K.
? France
? Italy
? Spain
? Rest of Europe
o Asia Pacific
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? China
? India
? Japan
? Australia
? South Korea
? ASEAN
? Rest of Asia Pacific
o Latin America
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? Brazil
? Mexico
? Rest of Latin America
o Africa
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? South Africa
? Central Africa
? Northern Africa
o Middle East
? Introduction
? Regional Trends
? Market Size and Forecast, By Product Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Class, 2015 - 2025
? Market Size and Forecast, By Fuel Type, 2015 - 2025 (US$ Million)
? Market Size and Future Potential, By Engine Type, 2015 - 2025
? Market Size and Forecast, By End Users, 2015 - 2025 (US$ Million)
? GCC Countries
? Israel
11. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis (3x3 Matrix)
o Company Profiles
? Toyota Industries Corporation Group
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Diamler AG
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Kion Group AG
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Jungheinrich AG
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Hyster-Yale Materials Handling, Inc.
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Crown Equipment Corporation
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Mitsubishi Nichiyu Forklift Co., Ltd.
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Unicarriers Corporation
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Anhui Heli Company Limited
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Komatsu Ltd.
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Clark Material Handling Company
? Company Overview
? Business Focus
? Product Portfolio
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Doosan Industrial Vehicle
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
? Hangcha Group Co. Ltd.
? Company Overview
? Business Focus
? Financial Performance
? Recent Developments/Updates
? Future Plans
o Analyst Views
12. Section
o References
o Research Methodology
o About us and Sales Contact
o Available Customizations
? Automated Material Handling Equipment Market
? Global Cranes Market
? Global Telehandlers Market for Construction Industry
*Browse 50 market data tables and 30 figures on "Forklift Truck Market - Global forecast to 2025".