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Forklift Battery Market Global Report 2026

Published Jan 22, 2026
Length 250 Pages
SKU # BRC20775239

Description

Forklift Battery Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses forklift battery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for forklift battery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The forklift battery market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets Covered:1) By Type: Lithium-Ion Battery; Lead-Acid Battery; Nickel-Cadmium Battery; Other Types

2) By Voltage: 24 Volt; 36 Volt; 48 Volt; 72 Volt; Other Voltages

3) By Application: Warehouses; Manufacturing; Construction; Retail and Wholesale Stores; Other Applications

Subsegments:

1) By Lithium-Ion Battery: Lithium Iron Phosphate (LiFePO4); Lithium Nickel Manganese Cobalt (NMC)

2) By Lead-Acid Battery: Flooded Lead-Acid Battery; Absorbent Glass Mat (AGM) Battery; Gel Lead-Acid Battery

3) By Nickel-Cadmium Battery: Standard Nickel-Cadmium Battery; High-Rate Discharge Nickel-Cadmium Battery

4) By Other Types: Nickel-Metal Hydride Battery; Zinc-Air Battery; Sodium-Ion Battery

Companies Mentioned: EnerSys; GS Yuasa Corporation; Exide Technologies; East Penn Manufacturing Co. Inc.; Anhui Heli Industrial Vehicle Battery Co. Ltd.; Camel Group Co. Ltd.; Exide Industries Limited; Amara Raja Batteries Limited; Zhejiang Narada Power Source Co. Ltd.; Trojan Battery Company; Crown Battery Manufacturing; Hoppecke Batteries Inc.; Flux Power Holdings Inc.; Storage Battery Systems LLC; Navitas Systems; Electrovaya Inc.; Microtex Energy Private Limited; DAEHAN Battery Co. Ltd.; OneCharge Inc.; GNB Industrial Power; Systems Sunlight; Douglas Battery; GMP Industrial

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Forklift Battery Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Forklift Battery Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Forklift Battery Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Forklift Battery Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Electric Mobility & Transportation Electrification
4.1.2 Industry 4.0 & Intelligent Manufacturing
4.1.3 Sustainability, Climate Tech & Circular Economy
4.1.4 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems
4.1.5 Autonomous Systems, Robotics & Smart Mobility
4.2. Major Trends
4.2.1 Growing Adoption Of Lithium Ion Forklift Batteries
4.2.2 Rising Shift Toward Fast Charging And Opportunity Charging Solutions
4.2.3 Increasing Use Of Battery Management Systems In Industrial Fleets
4.2.4 Expansion Of Electric Forklifts In Warehousing And Logistics
4.2.5 Growing Demand For Maintenance Free And Long Life Battery Technologies
5. Forklift Battery Market Analysis Of End Use Industries
5.1 Warehousing And Logistics
5.2 Manufacturing
5.3 Construction
5.4 Retail Distribution Centers
5.5 Industrial Material Handling Operators
6. Forklift Battery Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Forklift Battery Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Forklift Battery PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Forklift Battery Market Size, Comparisons And Growth Rate Analysis
7.3. Global Forklift Battery Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Forklift Battery Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Forklift Battery Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Forklift Battery Market Segmentation
9.1. Global Forklift Battery Market, Segmentation By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Lithium-Ion Battery, Lead-Acid Battery, Nickel-Cadmium Battery, Other Types
9.2. Global Forklift Battery Market, Segmentation By Voltage, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24 Volt, 36 Volt, 48 Volt, 72 Volt, Other Voltages
9.3. Global Forklift Battery Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Warehouses, Manufacturing, Construction, Retail and Wholesale Stores, Other Applications
9.4. Global Forklift Battery Market, Sub-Segmentation Of Lithium-Ion Battery, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Lithium Iron Phosphate (LiFePO4), Lithium Nickel Manganese Cobalt (NMC)
9.5. Global Forklift Battery Market, Sub-Segmentation Of Lead-Acid Battery, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Flooded Lead-Acid Battery, Absorbent Glass Mat (AGM) Battery, Gel Lead-Acid Battery
9.6. Global Forklift Battery Market, Sub-Segmentation Of Nickel-Cadmium Battery, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Standard Nickel-Cadmium Battery, High-Rate Discharge Nickel-Cadmium Battery
9.7. Global Forklift Battery Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Nickel-Metal Hydride Battery, Zinc-Air Battery, Sodium-Ion Battery
10. Forklift Battery Market Regional And Country Analysis
10.1. Global Forklift Battery Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Forklift Battery Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Forklift Battery Market
11.1. Asia-Pacific Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Forklift Battery Market
12.1. China Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Forklift Battery Market
13.1. India Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Forklift Battery Market
14.1. Japan Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Forklift Battery Market
15.1. Australia Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Forklift Battery Market
16.1. Indonesia Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Forklift Battery Market
17.1. South Korea Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Forklift Battery Market
18.1. Taiwan Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Forklift Battery Market
19.1. South East Asia Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Forklift Battery Market
20.1. Western Europe Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Forklift Battery Market
21.1. UK Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Forklift Battery Market
22.1. Germany Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Forklift Battery Market
23.1. France Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Forklift Battery Market
24.1. Italy Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Forklift Battery Market
25.1. Spain Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Forklift Battery Market
26.1. Eastern Europe Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Forklift Battery Market
27.1. Russia Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Forklift Battery Market
28.1. North America Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Forklift Battery Market
29.1. USA Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Forklift Battery Market
30.1. Canada Forklift Battery Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Forklift Battery Market
31.1. South America Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Forklift Battery Market
32.1. Brazil Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Forklift Battery Market
33.1. Middle East Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Forklift Battery Market
34.1. Africa Forklift Battery Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Forklift Battery Market, Segmentation By Type, Segmentation By Voltage, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Forklift Battery Market Regulatory and Investment Landscape
36. Forklift Battery Market Competitive Landscape And Company Profiles
36.1. Forklift Battery Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Forklift Battery Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Forklift Battery Market Company Profiles
36.3.1. EnerSys Overview, Products and Services, Strategy and Financial Analysis
36.3.2. GS Yuasa Corporation Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Exide Technologies Overview, Products and Services, Strategy and Financial Analysis
36.3.4. East Penn Manufacturing Co. Inc. Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Anhui Heli Industrial Vehicle Battery Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
37. Forklift Battery Market Other Major And Innovative Companies
Camel Group Co. Ltd., Exide Industries Limited, Amara Raja Batteries Limited, Zhejiang Narada Power Source Co. Ltd., Trojan Battery Company, Crown Battery Manufacturing, Hoppecke Batteries Inc., Flux Power Holdings Inc., Storage Battery Systems LLC, Navitas Systems, Electrovaya Inc., Microtex Energy Private Limited, DAEHAN Battery Co. Ltd., OneCharge Inc., GNB Industrial Power
38. Global Forklift Battery Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Forklift Battery Market
40. Forklift Battery Market High Potential Countries, Segments and Strategies
40.1 Forklift Battery Market In 2030 - Countries Offering Most New Opportunities
40.2 Forklift Battery Market In 2030 - Segments Offering Most New Opportunities
40.3 Forklift Battery Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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