Global Electric Forklift Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Electric Forklift market size will reach 26,758 Million USD in 2025 and is projected to reach 39,053 Million USD by 2032, with a CAGR of 5.55% (2025-2032). Notably, the China Electric Forklift market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electric forklift is a type of powered industrial truck used for material handling and lifting tasks in warehouses, factories, and logistics environments. Unlike their counterparts powered by internal combustion engines, electric forklifts are equipped with electric motors and are typically powered by rechargeable batteries. They offer advantages in terms of reduced emissions, quieter operation, and lower operating costs. Electric forklifts come in various configurations, such as counterbalanced forklifts, reach trucks, and pallet jacks, and are highly maneuverable, making them suitable for indoor applications where exhaust emissions and noise control are essential. These forklifts provide efficient and environmentally friendly solutions for moving and stacking goods, contributing to sustainability and improved working conditions in industrial settings.
The major global manufacturers of Electric Forklift include Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Doosan Corporation Industrial Vehicle, Clark Material Handling, Komatsu, Hyundai Heavy Industries, Combilift, Lonking, EP Equipment, Hubtex Maschinenbau, Paletrans Equipment, Godrej & Boyce, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electric Forklift. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Forklift market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electric Forklift market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Forklift industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electric Forklift Include:
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale
Anhui Heli
Hangcha
Doosan Corporation Industrial Vehicle
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
Lonking
EP Equipment
Hubtex Maschinenbau
Paletrans Equipment
Godrej & Boyce
Electric Forklift Product Segment Include:
Electric counterbalanced forklift
Electric ride-type warehouse forklift
Electric walk-in warehouse forklift
Electric Forklift Product Application Include:
Warehouses
Factories
Distribution Centers
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electric Forklift Industry PESTEL Analysis
Chapter 3: Global Electric Forklift Industry Porter's Five Forces Analysis
Chapter 4: Global Electric Forklift Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electric Forklift Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electric Forklift Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electric Forklift Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Electric Forklift market size will reach 26,758 Million USD in 2025 and is projected to reach 39,053 Million USD by 2032, with a CAGR of 5.55% (2025-2032). Notably, the China Electric Forklift market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An electric forklift is a type of powered industrial truck used for material handling and lifting tasks in warehouses, factories, and logistics environments. Unlike their counterparts powered by internal combustion engines, electric forklifts are equipped with electric motors and are typically powered by rechargeable batteries. They offer advantages in terms of reduced emissions, quieter operation, and lower operating costs. Electric forklifts come in various configurations, such as counterbalanced forklifts, reach trucks, and pallet jacks, and are highly maneuverable, making them suitable for indoor applications where exhaust emissions and noise control are essential. These forklifts provide efficient and environmentally friendly solutions for moving and stacking goods, contributing to sustainability and improved working conditions in industrial settings.
The major global manufacturers of Electric Forklift include Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Doosan Corporation Industrial Vehicle, Clark Material Handling, Komatsu, Hyundai Heavy Industries, Combilift, Lonking, EP Equipment, Hubtex Maschinenbau, Paletrans Equipment, Godrej & Boyce, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Electric Forklift. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Forklift market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Electric Forklift market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Forklift industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electric Forklift Include:
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale
Anhui Heli
Hangcha
Doosan Corporation Industrial Vehicle
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
Lonking
EP Equipment
Hubtex Maschinenbau
Paletrans Equipment
Godrej & Boyce
Electric Forklift Product Segment Include:
Electric counterbalanced forklift
Electric ride-type warehouse forklift
Electric walk-in warehouse forklift
Electric Forklift Product Application Include:
Warehouses
Factories
Distribution Centers
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Electric Forklift Industry PESTEL Analysis
Chapter 3: Global Electric Forklift Industry Porter's Five Forces Analysis
Chapter 4: Global Electric Forklift Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Electric Forklift Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Electric Forklift Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Electric Forklift Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Electric Forklift Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Electric Forklift Product by Type
- 1.2.1 Electric counterbalanced forklift
- 1.2.2 Electric ride-type warehouse forklift
- 1.2.3 Electric walk-in warehouse forklift
- 1.3 Electric Forklift Product by Application
- 1.3.1 Warehouses
- 1.3.2 Factories
- 1.3.3 Distribution Centers
- 1.3.4 Others
- 1.4 Global Electric Forklift Market Revenue and Sales Analysis
- 1.4.1 Global Electric Forklift Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Electric Forklift Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Electric Forklift Market Sales Price Trend Analysis (2020-2032)
- 1.5 Electric Forklift Market Development Status and Trends
- 1.5.1 Electric Forklift Industry Development Status Analysis
- 1.5.2 Electric Forklift Industry Development Trends Analysis
- 2 Electric Forklift Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Electric Forklift Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Electric Forklift Market Analysis by Country
- 4.1 Global Electric Forklift Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Electric Forklift Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Electric Forklift Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Electric Forklift Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Electric Forklift Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Electric Forklift Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Electric Forklift Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Electric Forklift Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Electric Forklift Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Electric Forklift Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Electric Forklift Average Sales Price by Manufacturers (2021-2025)
- 5.2 Electric Forklift Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Electric Forklift Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Electric Forklift Market Analysis by Type
- 6.1 Global Electric Forklift Market Revenue Analysis by Type
- 6.1.1 Global Electric Forklift Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Electric Forklift Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Electric Forklift Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Electric Forklift Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Toyota
- 7.1.1 Toyota Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Toyota Electric Forklift Product Portfolio
- 7.1.3 Toyota Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Kion
- 7.2.1 Kion Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Kion Electric Forklift Product Portfolio
- 7.2.3 Kion Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Jungheinrich
- 7.3.1 Jungheinrich Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Jungheinrich Electric Forklift Product Portfolio
- 7.3.3 Jungheinrich Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Mitsubishi Logisnext
- 7.4.1 Mitsubishi Logisnext Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Mitsubishi Logisnext Electric Forklift Product Portfolio
- 7.4.3 Mitsubishi Logisnext Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Crown Equipment
- 7.5.1 Crown Equipment Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Crown Equipment Electric Forklift Product Portfolio
- 7.5.3 Crown Equipment Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Hyster-Yale
- 7.6.1 Hyster-Yale Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Hyster-Yale Electric Forklift Product Portfolio
- 7.6.3 Hyster-Yale Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Anhui Heli
- 7.7.1 Anhui Heli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Anhui Heli Electric Forklift Product Portfolio
- 7.7.3 Anhui Heli Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Hangcha
- 7.8.1 Hangcha Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Hangcha Electric Forklift Product Portfolio
- 7.8.3 Hangcha Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Doosan Corporation Industrial Vehicle
- 7.9.1 Doosan Corporation Industrial Vehicle Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Doosan Corporation Industrial Vehicle Electric Forklift Product Portfolio
- 7.9.3 Doosan Corporation Industrial Vehicle Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Clark Material Handling
- 7.10.1 Clark Material Handling Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Clark Material Handling Electric Forklift Product Portfolio
- 7.10.3 Clark Material Handling Electric Forklift Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Komatsu
- 7.
Pricing
Currency Rates
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