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Forklift Truck Market, by Product Type, Class, Engine Power, Fuel Type, Lifting Capacity, End-use Industry, and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Forklift Truck Market, by Product Type, Class, Engine Power, Fuel Type, Lifting Capacity, End-use Industry, and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

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”.


1. Research Objective and assumption
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
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
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
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
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
Warehouse
Introduction
Market Size and Future Potential, 2015 - 2025
Industry Segment Analysis
Pedestrian
Rider
Counterbalance
Introduction
Market Size and Future Potential, 2015 - 2025
5. Global Forklift Truck Market, By Class, 2016 - 2025 (US$ Million)
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
Electric Motor Rider Trucks
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Electric Motor Narrow Aisle Trucks
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Electric Motor Pedestrian Trucks
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Internal Combustion Engine Trucks (solid/cushion tires)
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Electric and Internal Combustion Engine Tractors
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
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)
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
Diesel
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Gasoline & LPG/CNG
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Electric/Hybrid
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
7. Global Forklift Truck Market, By Engine Type, 2016 - 2025 (US$ Million)
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
IC Engine Power
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
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)
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
<5 Ton
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
5 Ton – 10 Ton
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
11 Ton – 36 Ton
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
>36 Ton
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
9. Global Forklift Truck Market, By End Users, 2016 - 2025 (US$ Million)
Introduction
Market Share Analysis, 2015 and 2025 (%)
Segment Trends
Retail and Wholesale
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Transportation and Logistics
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Automotive and Electrical Engineering
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
Food Industry
Introduction
Market Size and Forecast, 2015 - 2025, (US$ Million)
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)
Introduction
Market Share Analysis, By Region, 2015 and 2025 (%)
Y-O-Y Growth Analysis, For Regions, 2015 - 2025
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
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
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
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
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
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
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
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
Analyst Views
12. Section
References
Research Methodology
About us and Sales Contact
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”.

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