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Global Hybrid Electric Industrial Vehicles Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Nov 07, 2025
Length 163 Pages
SKU # BOSS20731613

Description

Report Overview

Hybrid Electric Industrial Vehicles are industrial-purpose vehicles that combine an internal combustion engine (ICE) with an electric drive system to provide propulsion. These vehicles are designed to enhance fuel efficiency, reduce emissions, and improve performance in various industrial settings such as logistics, warehousing, ports, and manufacturing.

The global Hybrid Electric Industrial Vehicles market size was estimated at USD 10750.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.80% during the forecast period.

This report provides a deep insight into the global Hybrid Electric Industrial Vehicles market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Hybrid Electric Industrial Vehicles Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Hybrid Electric Industrial Vehicles market in any manner.

Global Hybrid Electric Industrial Vehicles Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Anhui Forklift Group Corporation_x000D_

Clark Material Handling_x000D_

Crown Equipment Corporation._x000D_

DOOSAN BOBCAT KOREA_x000D_

EP Equipment_x000D_

Hangcha Group_x000D_

Hyster-Yale Materials Handling, Inc._x000D_

J C Bamford Excavators Ltd._x000D_

Jungheinrich AG_x000D_

KION Group AG_x000D_

Komatsu_x000D_

Konecranes Plc_x000D_

Manitou Group_x000D_

Mitsubishi Logisnext_x000D_

Toyota Industries Corporation

Market Segmentation (by Type)
<5 ton Load Capacity_x000D_
5-10 ton Load Capacity_x000D_

11-36 ton Load Capacity_x000D_

>36 ton Load Capacity

Market Segmentation (by Application)

Manufacturing_x000D_

Warehousing_x000D_

Freight & Logistics_x000D_

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Hybrid Electric Industrial Vehicles Market

Overview of the regional outlook of the Hybrid Electric Industrial Vehicles Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Hybrid Electric Industrial Vehicles Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Hybrid Electric Industrial Vehicles, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

163 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Hybrid Electric Industrial Vehicles
1.2 Key Market Segments
1.2.1 Hybrid Electric Industrial Vehicles Segment by Type
1.2.2 Hybrid Electric Industrial Vehicles Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Hybrid Electric Industrial Vehicles Market Overview
2.1 Global Market Overview
2.1.1 Global Hybrid Electric Industrial Vehicles Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Hybrid Electric Industrial Vehicles Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Hybrid Electric Industrial Vehicles Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Hybrid Electric Industrial Vehicles Product Life Cycle
3.3 Global Hybrid Electric Industrial Vehicles Sales by Manufacturers (2020-2025)
3.4 Global Hybrid Electric Industrial Vehicles Revenue Market Share by Manufacturers (2020-2025)
3.5 Hybrid Electric Industrial Vehicles Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Hybrid Electric Industrial Vehicles Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Hybrid Electric Industrial Vehicles Market Competitive Situation and Trends
3.8.1 Hybrid Electric Industrial Vehicles Market Concentration Rate
3.8.2 Global 5 and 10 Largest Hybrid Electric Industrial Vehicles Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Hybrid Electric Industrial Vehicles Industry Chain Analysis
4.1 Hybrid Electric Industrial Vehicles Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Hybrid Electric Industrial Vehicles Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Hybrid Electric Industrial Vehicles Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Hybrid Electric Industrial Vehicles Market
5.7 ESG Ratings of Leading Companies
6 Hybrid Electric Industrial Vehicles Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Hybrid Electric Industrial Vehicles Sales Market Share by Type (2020-2025)
6.3 Global Hybrid Electric Industrial Vehicles Market Size Market Share by Type (2020-2025)
6.4 Global Hybrid Electric Industrial Vehicles Price by Type (2020-2025)
7 Hybrid Electric Industrial Vehicles Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Hybrid Electric Industrial Vehicles Market Sales by Application (2020-2025)
7.3 Global Hybrid Electric Industrial Vehicles Market Size (M USD) by Application (2020-2025)
7.4 Global Hybrid Electric Industrial Vehicles Sales Growth Rate by Application (2020-2025)
8 Hybrid Electric Industrial Vehicles Market Sales by Region
8.1 Global Hybrid Electric Industrial Vehicles Sales by Region
8.1.1 Global Hybrid Electric Industrial Vehicles Sales by Region
8.1.2 Global Hybrid Electric Industrial Vehicles Sales Market Share by Region
8.2 Global Hybrid Electric Industrial Vehicles Market Size by Region
8.2.1 Global Hybrid Electric Industrial Vehicles Market Size by Region
8.2.2 Global Hybrid Electric Industrial Vehicles Market Size Market Share by Region
8.3 North America
8.3.1 North America Hybrid Electric Industrial Vehicles Sales by Country
8.3.2 North America Hybrid Electric Industrial Vehicles Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Hybrid Electric Industrial Vehicles Sales by Country
8.4.2 Europe Hybrid Electric Industrial Vehicles Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Hybrid Electric Industrial Vehicles Sales by Region
8.5.2 Asia Pacific Hybrid Electric Industrial Vehicles Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Hybrid Electric Industrial Vehicles Sales by Country
8.6.2 South America Hybrid Electric Industrial Vehicles Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Hybrid Electric Industrial Vehicles Sales by Region
8.7.2 Middle East and Africa Hybrid Electric Industrial Vehicles Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Hybrid Electric Industrial Vehicles Market Production by Region
9.1 Global Production of Hybrid Electric Industrial Vehicles by Region(2020-2025)
9.2 Global Hybrid Electric Industrial Vehicles Revenue Market Share by Region (2020-2025)
9.3 Global Hybrid Electric Industrial Vehicles Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Hybrid Electric Industrial Vehicles Production
9.4.1 North America Hybrid Electric Industrial Vehicles Production Growth Rate (2020-2025)
9.4.2 North America Hybrid Electric Industrial Vehicles Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Hybrid Electric Industrial Vehicles Production
9.5.1 Europe Hybrid Electric Industrial Vehicles Production Growth Rate (2020-2025)
9.5.2 Europe Hybrid Electric Industrial Vehicles Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Hybrid Electric Industrial Vehicles Production (2020-2025)
9.6.1 Japan Hybrid Electric Industrial Vehicles Production Growth Rate (2020-2025)
9.6.2 Japan Hybrid Electric Industrial Vehicles Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Hybrid Electric Industrial Vehicles Production (2020-2025)
9.7.1 China Hybrid Electric Industrial Vehicles Production Growth Rate (2020-2025)
9.7.2 China Hybrid Electric Industrial Vehicles Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Anhui Forklift Group Corporation_x000D_
10.1.1 Anhui Forklift Group Corporation_x000D_ Basic Information
10.1.2 Anhui Forklift Group Corporation_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.1.3 Anhui Forklift Group Corporation_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.1.4 Anhui Forklift Group Corporation_x000D_ Business Overview
10.1.5 Anhui Forklift Group Corporation_x000D_ SWOT Analysis
10.1.6 Anhui Forklift Group Corporation_x000D_ Recent Developments
10.2 Clark Material Handling_x000D_
10.2.1 Clark Material Handling_x000D_ Basic Information
10.2.2 Clark Material Handling_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.2.3 Clark Material Handling_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.2.4 Clark Material Handling_x000D_ Business Overview
10.2.5 Clark Material Handling_x000D_ SWOT Analysis
10.2.6 Clark Material Handling_x000D_ Recent Developments
10.3 Crown Equipment Corporation._x000D_
10.3.1 Crown Equipment Corporation._x000D_ Basic Information
10.3.2 Crown Equipment Corporation._x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.3.3 Crown Equipment Corporation._x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.3.4 Crown Equipment Corporation._x000D_ Business Overview
10.3.5 Crown Equipment Corporation._x000D_ SWOT Analysis
10.3.6 Crown Equipment Corporation._x000D_ Recent Developments
10.4 DOOSAN BOBCAT KOREA_x000D_
10.4.1 DOOSAN BOBCAT KOREA_x000D_ Basic Information
10.4.2 DOOSAN BOBCAT KOREA_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.4.3 DOOSAN BOBCAT KOREA_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.4.4 DOOSAN BOBCAT KOREA_x000D_ Business Overview
10.4.5 DOOSAN BOBCAT KOREA_x000D_ Recent Developments
10.5 EP Equipment_x000D_
10.5.1 EP Equipment_x000D_ Basic Information
10.5.2 EP Equipment_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.5.3 EP Equipment_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.5.4 EP Equipment_x000D_ Business Overview
10.5.5 EP Equipment_x000D_ Recent Developments
10.6 Hangcha Group_x000D_
10.6.1 Hangcha Group_x000D_ Basic Information
10.6.2 Hangcha Group_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.6.3 Hangcha Group_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.6.4 Hangcha Group_x000D_ Business Overview
10.6.5 Hangcha Group_x000D_ Recent Developments
10.7 Hyster-Yale Materials Handling, Inc._x000D_
10.7.1 Hyster-Yale Materials Handling, Inc._x000D_ Basic Information
10.7.2 Hyster-Yale Materials Handling, Inc._x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.7.3 Hyster-Yale Materials Handling, Inc._x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.7.4 Hyster-Yale Materials Handling, Inc._x000D_ Business Overview
10.7.5 Hyster-Yale Materials Handling, Inc._x000D_ Recent Developments
10.8 J C Bamford Excavators Ltd._x000D_
10.8.1 J C Bamford Excavators Ltd._x000D_ Basic Information
10.8.2 J C Bamford Excavators Ltd._x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.8.3 J C Bamford Excavators Ltd._x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.8.4 J C Bamford Excavators Ltd._x000D_ Business Overview
10.8.5 J C Bamford Excavators Ltd._x000D_ Recent Developments
10.9 Jungheinrich AG_x000D_
10.9.1 Jungheinrich AG_x000D_ Basic Information
10.9.2 Jungheinrich AG_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.9.3 Jungheinrich AG_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.9.4 Jungheinrich AG_x000D_ Business Overview
10.9.5 Jungheinrich AG_x000D_ Recent Developments
10.10 KION Group AG_x000D_
10.10.1 KION Group AG_x000D_ Basic Information
10.10.2 KION Group AG_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.10.3 KION Group AG_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.10.4 KION Group AG_x000D_ Business Overview
10.10.5 KION Group AG_x000D_ Recent Developments
10.11 Komatsu_x000D_
10.11.1 Komatsu_x000D_ Basic Information
10.11.2 Komatsu_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.11.3 Komatsu_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.11.4 Komatsu_x000D_ Business Overview
10.11.5 Komatsu_x000D_ Recent Developments
10.12 Konecranes Plc_x000D_
10.12.1 Konecranes Plc_x000D_ Basic Information
10.12.2 Konecranes Plc_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.12.3 Konecranes Plc_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.12.4 Konecranes Plc_x000D_ Business Overview
10.12.5 Konecranes Plc_x000D_ Recent Developments
10.13 Manitou Group_x000D_
10.13.1 Manitou Group_x000D_ Basic Information
10.13.2 Manitou Group_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.13.3 Manitou Group_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.13.4 Manitou Group_x000D_ Business Overview
10.13.5 Manitou Group_x000D_ Recent Developments
10.14 Mitsubishi Logisnext_x000D_
10.14.1 Mitsubishi Logisnext_x000D_ Basic Information
10.14.2 Mitsubishi Logisnext_x000D_ Hybrid Electric Industrial Vehicles Product Overview
10.14.3 Mitsubishi Logisnext_x000D_ Hybrid Electric Industrial Vehicles Product Market Performance
10.14.4 Mitsubishi Logisnext_x000D_ Business Overview
10.14.5 Mitsubishi Logisnext_x000D_ Recent Developments
10.15 Toyota Industries Corporation
10.15.1 Toyota Industries Corporation Basic Information
10.15.2 Toyota Industries Corporation Hybrid Electric Industrial Vehicles Product Overview
10.15.3 Toyota Industries Corporation Hybrid Electric Industrial Vehicles Product Market Performance
10.15.4 Toyota Industries Corporation Business Overview
10.15.5 Toyota Industries Corporation Recent Developments
11 Hybrid Electric Industrial Vehicles Market Forecast by Region
11.1 Global Hybrid Electric Industrial Vehicles Market Size Forecast
11.2 Global Hybrid Electric Industrial Vehicles Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Hybrid Electric Industrial Vehicles Market Size Forecast by Country
11.2.3 Asia Pacific Hybrid Electric Industrial Vehicles Market Size Forecast by Region
11.2.4 South America Hybrid Electric Industrial Vehicles Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Hybrid Electric Industrial Vehicles by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Hybrid Electric Industrial Vehicles Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Hybrid Electric Industrial Vehicles by Type (2026-2033)
12.1.2 Global Hybrid Electric Industrial Vehicles Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Hybrid Electric Industrial Vehicles by Type (2026-2033)
12.2 Global Hybrid Electric Industrial Vehicles Market Forecast by Application (2026-2033)
12.2.1 Global Hybrid Electric Industrial Vehicles Sales (K Units) Forecast by Application
12.2.2 Global Hybrid Electric Industrial Vehicles Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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