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Global Lift Truck Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 01, 2025
Length 158 Pages
SKU # BOSS20302519

Description

Report Overview

A lift truck, also known as a forklift, is a powered industrial truck used for lifting, moving, and transporting materials and goods within warehouses and industrial facilities.

The global Lift Truck market size was estimated at USD 29520.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.04% during the forecast period.

This report provides a deep insight into the global Lift Truck 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 Lift Truck 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 Lift Truck market in any manner.

Global Lift Truck 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

Toyota

Kion

Jungheinrich

Mitsubishi Logisnext

Crown Equipment

Hyster-Yale

Anhui Heli

Hangcha

Clark Material Handling

Doosan Corporation Industrial Vehicle

Komatsu

Lonking

Hyundai Heavy Industries

EP Equipment

Manitou

Paletrans Equipment

Combilift

Hubtex Maschinenbau

Godrej & Boyce

Market Segmentation (by Type)

Class 1 Forklift Trucks

Class 2 Forklift Trucks

Class 3 Forklift Trucks

Class 4/5 Forklift Trucks

Market Segmentation (by Application)

Warehouses

Factories

Distribution Centers

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 Lift Truck Market

Overview of the regional outlook of the Lift Truck 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 Lift Truck 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 Lift Truck, 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

158 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Lift Truck
1.2 Key Market Segments
1.2.1 Lift Truck Segment By Type
1.2.2 Lift Truck 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 Lift Truck Market Overview
2.1 Global Market Overview
2.1.1 Global Lift Truck Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Lift Truck Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Lift Truck Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Lift Truck Product Life Cycle
3.3 Global Lift Truck Sales By Manufacturers (2020-2025)
3.4 Global Lift Truck Revenue Market Share By Manufacturers (2020-2025)
3.5 Lift Truck Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Lift Truck Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Lift Truck Market Competitive Situation And Trends
3.8.1 Lift Truck Market Concentration Rate
3.8.2 Global 5 And 10 Largest Lift Truck Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Lift Truck Industry Chain Analysis
4.1 Lift Truck 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 Lift Truck 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 Lift Truck 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 Lift Truck Market
5.7 Esg Ratings Of Leading Companies
6 Lift Truck Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Lift Truck Sales Market Share By Type (2020-2025)
6.3 Global Lift Truck Market Size Market Share By Type (2020-2025)
6.4 Global Lift Truck Price By Type (2020-2025)
7 Lift Truck Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Lift Truck Market Sales By Application (2020-2025)
7.3 Global Lift Truck Market Size (M Usd) By Application (2020-2025)
7.4 Global Lift Truck Sales Growth Rate By Application (2020-2025)
8 Lift Truck Market Sales By Region
8.1 Global Lift Truck Sales By Region
8.1.1 Global Lift Truck Sales By Region
8.1.2 Global Lift Truck Sales Market Share By Region
8.2 Global Lift Truck Market Size By Region
8.2.1 Global Lift Truck Market Size By Region
8.2.2 Global Lift Truck Market Size Market Share By Region
8.3 North America
8.3.1 North America Lift Truck Sales By Country
8.3.2 North America Lift Truck 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 Lift Truck Sales By Country
8.4.2 Europe Lift Truck 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 Lift Truck Sales By Region
8.5.2 Asia Pacific Lift Truck 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 Lift Truck Sales By Country
8.6.2 South America Lift Truck 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 Lift Truck Sales By Region
8.7.2 Middle East And Africa Lift Truck 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 Lift Truck Market Production By Region
9.1 Global Production Of Lift Truck By Region(2020-2025)
9.2 Global Lift Truck Revenue Market Share By Region (2020-2025)
9.3 Global Lift Truck Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Lift Truck Production
9.4.1 North America Lift Truck Production Growth Rate (2020-2025)
9.4.2 North America Lift Truck Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Lift Truck Production
9.5.1 Europe Lift Truck Production Growth Rate (2020-2025)
9.5.2 Europe Lift Truck Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Lift Truck Production (2020-2025)
9.6.1 Japan Lift Truck Production Growth Rate (2020-2025)
9.6.2 Japan Lift Truck Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Lift Truck Production (2020-2025)
9.7.1 China Lift Truck Production Growth Rate (2020-2025)
9.7.2 China Lift Truck Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Toyota
10.1.1 Toyota Basic Information
10.1.2 Toyota Lift Truck Product Overview
10.1.3 Toyota Lift Truck Product Market Performance
10.1.4 Toyota Business Overview
10.1.5 Toyota Swot Analysis
10.1.6 Toyota Recent Developments
10.2 Kion
10.2.1 Kion Basic Information
10.2.2 Kion Lift Truck Product Overview
10.2.3 Kion Lift Truck Product Market Performance
10.2.4 Kion Business Overview
10.2.5 Kion Swot Analysis
10.2.6 Kion Recent Developments
10.3 Jungheinrich
10.3.1 Jungheinrich Basic Information
10.3.2 Jungheinrich Lift Truck Product Overview
10.3.3 Jungheinrich Lift Truck Product Market Performance
10.3.4 Jungheinrich Business Overview
10.3.5 Jungheinrich Swot Analysis
10.3.6 Jungheinrich Recent Developments
10.4 Mitsubishi Logisnext
10.4.1 Mitsubishi Logisnext Basic Information
10.4.2 Mitsubishi Logisnext Lift Truck Product Overview
10.4.3 Mitsubishi Logisnext Lift Truck Product Market Performance
10.4.4 Mitsubishi Logisnext Business Overview
10.4.5 Mitsubishi Logisnext Recent Developments
10.5 Crown Equipment
10.5.1 Crown Equipment Basic Information
10.5.2 Crown Equipment Lift Truck Product Overview
10.5.3 Crown Equipment Lift Truck Product Market Performance
10.5.4 Crown Equipment Business Overview
10.5.5 Crown Equipment Recent Developments
10.6 Hyster-yale
10.6.1 Hyster-yale Basic Information
10.6.2 Hyster-yale Lift Truck Product Overview
10.6.3 Hyster-yale Lift Truck Product Market Performance
10.6.4 Hyster-yale Business Overview
10.6.5 Hyster-yale Recent Developments
10.7 Anhui Heli
10.7.1 Anhui Heli Basic Information
10.7.2 Anhui Heli Lift Truck Product Overview
10.7.3 Anhui Heli Lift Truck Product Market Performance
10.7.4 Anhui Heli Business Overview
10.7.5 Anhui Heli Recent Developments
10.8 Hangcha
10.8.1 Hangcha Basic Information
10.8.2 Hangcha Lift Truck Product Overview
10.8.3 Hangcha Lift Truck Product Market Performance
10.8.4 Hangcha Business Overview
10.8.5 Hangcha Recent Developments
10.9 Clark Material Handling
10.9.1 Clark Material Handling Basic Information
10.9.2 Clark Material Handling Lift Truck Product Overview
10.9.3 Clark Material Handling Lift Truck Product Market Performance
10.9.4 Clark Material Handling Business Overview
10.9.5 Clark Material Handling Recent Developments
10.10 Doosan Corporation Industrial Vehicle
10.10.1 Doosan Corporation Industrial Vehicle Basic Information
10.10.2 Doosan Corporation Industrial Vehicle Lift Truck Product Overview
10.10.3 Doosan Corporation Industrial Vehicle Lift Truck Product Market Performance
10.10.4 Doosan Corporation Industrial Vehicle Business Overview
10.10.5 Doosan Corporation Industrial Vehicle Recent Developments
10.11 Komatsu
10.11.1 Komatsu Basic Information
10.11.2 Komatsu Lift Truck Product Overview
10.11.3 Komatsu Lift Truck Product Market Performance
10.11.4 Komatsu Business Overview
10.11.5 Komatsu Recent Developments
10.12 Lonking
10.12.1 Lonking Basic Information
10.12.2 Lonking Lift Truck Product Overview
10.12.3 Lonking Lift Truck Product Market Performance
10.12.4 Lonking Business Overview
10.12.5 Lonking Recent Developments
10.13 Hyundai Heavy Industries
10.13.1 Hyundai Heavy Industries Basic Information
10.13.2 Hyundai Heavy Industries Lift Truck Product Overview
10.13.3 Hyundai Heavy Industries Lift Truck Product Market Performance
10.13.4 Hyundai Heavy Industries Business Overview
10.13.5 Hyundai Heavy Industries Recent Developments
10.14 Ep Equipment
10.14.1 Ep Equipment Basic Information
10.14.2 Ep Equipment Lift Truck Product Overview
10.14.3 Ep Equipment Lift Truck Product Market Performance
10.14.4 Ep Equipment Business Overview
10.14.5 Ep Equipment Recent Developments
10.15 Manitou
10.15.1 Manitou Basic Information
10.15.2 Manitou Lift Truck Product Overview
10.15.3 Manitou Lift Truck Product Market Performance
10.15.4 Manitou Business Overview
10.15.5 Manitou Recent Developments
10.16 Paletrans Equipment
10.16.1 Paletrans Equipment Basic Information
10.16.2 Paletrans Equipment Lift Truck Product Overview
10.16.3 Paletrans Equipment Lift Truck Product Market Performance
10.16.4 Paletrans Equipment Business Overview
10.16.5 Paletrans Equipment Recent Developments
10.17 Combilift
10.17.1 Combilift Basic Information
10.17.2 Combilift Lift Truck Product Overview
10.17.3 Combilift Lift Truck Product Market Performance
10.17.4 Combilift Business Overview
10.17.5 Combilift Recent Developments
10.18 Hubtex Maschinenbau
10.18.1 Hubtex Maschinenbau Basic Information
10.18.2 Hubtex Maschinenbau Lift Truck Product Overview
10.18.3 Hubtex Maschinenbau Lift Truck Product Market Performance
10.18.4 Hubtex Maschinenbau Business Overview
10.18.5 Hubtex Maschinenbau Recent Developments
10.19 Godrej And Boyce
10.19.1 Godrej And Boyce Basic Information
10.19.2 Godrej And Boyce Lift Truck Product Overview
10.19.3 Godrej And Boyce Lift Truck Product Market Performance
10.19.4 Godrej And Boyce Business Overview
10.19.5 Godrej And Boyce Recent Developments
11 Lift Truck Market Forecast By Region
11.1 Global Lift Truck Market Size Forecast
11.2 Global Lift Truck Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Lift Truck Market Size Forecast By Country
11.2.3 Asia Pacific Lift Truck Market Size Forecast By Region
11.2.4 South America Lift Truck Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Lift Truck By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Lift Truck Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Lift Truck By Type (2026-2033)
12.1.2 Global Lift Truck Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Lift Truck By Type (2026-2033)
12.2 Global Lift Truck Market Forecast By Application (2026-2033)
12.2.1 Global Lift Truck Sales (K Units) Forecast By Application
12.2.2 Global Lift Truck Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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