Global Forklift Lithium Ion Battery Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch's in-depth investigation and research, the global Forklift Lithium Ion Battery market size will reach 478.46 Million USD in 2025 and is projected to reach 649.38 Million USD by 2032, with a CAGR of 4.46% (2025-2032). Notably, the China Forklift Lithium Ion Battery 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

A forklift lithium-ion battery is an advanced and rechargeable power source specifically designed for electric forklifts and material handling equipment. Unlike traditional lead-acid batteries, forklift lithium-ion batteries use lithium-ion technology, which offers several advantages. These batteries are known for their longer lifespan, faster charging times, and higher energy density, allowing for extended operational periods between charges. Forklift lithium-ion batteries also tend to be more compact and lighter, contributing to improved efficiency and maneuverability of the forklift. Additionally, they require minimal maintenance and do not produce emissions, making them an environmentally friendly option for industrial applications. The adoption of lithium-ion technology in forklift batteries is increasing as companies seek to enhance productivity, reduce downtime, and achieve greater sustainability in their material handling operations.

The major global  manufacturers of Forklift Lithium Ion Battery include Toyota Material Handling, JB BATTERY, EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, East Penn Manufacturing, Exide Technologies, MIDAC, SYSTEMS SUNLIGHT, ECOBAT Battery Technologies, Crown Battery, Triathlon Batterien GmbH, Amara Raja, Storage Battery Systems, LLC, BAE Batterien, Banner Batteries, Saft, 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 Forklift Lithium Ion Battery. 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery Include:

Toyota Material Handling

JB BATTERY

EnerSys

Hitachi Chemical

GS Yuasa

Hoppecke

East Penn Manufacturing

Exide Technologies

MIDAC

SYSTEMS SUNLIGHT

ECOBAT Battery Technologies

Crown Battery

Triathlon Batterien GmbH

Amara Raja

Storage Battery Systems, LLC

BAE Batterien

Banner Batteries

Saft

Forklift Lithium Ion Battery Product Segment Include:

24V

48V

Others

Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery Industry PESTEL Analysis

Chapter 3: Global Forklift Lithium Ion Battery Industry Porter's Five Forces Analysis

Chapter 4: Global Forklift Lithium Ion Battery Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Forklift Lithium Ion Battery Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Forklift Lithium Ion Battery 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, Forklift Lithium Ion Battery Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources


1 Forklift Lithium Ion Battery Market Overview
1.1 Product Definition and Statistical Scope
1.2 Forklift Lithium Ion Battery Product by Type
1.2.1 24V
1.2.2 48V
1.2.3 Others
1.3 Forklift Lithium Ion Battery Product by Application
1.3.1 Warehouses
1.3.2 Factories
1.3.3 Distribution Centers
1.3.4 Others
1.4 Global Forklift Lithium Ion Battery Market Revenue and Sales Analysis
1.4.1 Global Forklift Lithium Ion Battery Revenue Market Size Analysis (2020-2032)
1.4.2 Global Forklift Lithium Ion Battery Sales Market Size Analysis (2020-2032)
1.4.3 Global Forklift Lithium Ion Battery Market Sales Price Trend Analysis (2020-2032)
1.5 Forklift Lithium Ion Battery Market Development Status and Trends
1.5.1 Forklift Lithium Ion Battery Industry Development Status Analysis
1.5.2 Forklift Lithium Ion Battery Industry Development Trends Analysis
2 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery 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 Forklift Lithium Ion Battery Market Analysis by Country
4.1 Global Forklift Lithium Ion Battery Market Size Analysis by Country: 2024 VS 2025 VS 2032
4.1.1 Global Forklift Lithium Ion Battery Revenue and Market Share by Country (2020-2025)
4.1.2 Global Forklift Lithium Ion Battery Revenue and Market Share Forecast by Country (2026-2032)
4.2 Global Forklift Lithium Ion Battery Sales Analysis by Country: 2024 VS 2025 VS 2032
4.2.1 Global Forklift Lithium Ion Battery Sales and Market Share by Country (2020-2025)
4.2.2 Global Forklift Lithium Ion Battery Sales and Market Share Forecast by Country (2026-2032)
4.3 United States Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.4 Germany Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.5 Japan Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.6 China Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.7 France Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.8 U.K. Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.9 South Korea Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.10 Canada Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.11 Italy Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.12 Russia Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.13 Mexico Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.14 Brazil Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.15 India Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.16 Vietnam Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.17 Thailand Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
4.18 South Africa Forklift Lithium Ion Battery Market Sales, Revenue and Growth Rate (2020-2032)
5 Competition by Manufacturers
5.1 Global Forklift Lithium Ion Battery Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
5.1.1 Global Forklift Lithium Ion Battery Market Sales by Key Manufacturers (2021-2025)
5.1.2 Global Forklift Lithium Ion Battery Market Revenue by Key Manufacturers (2021-2025)
5.1.3 Global Forklift Lithium Ion Battery Average Sales Price by Manufacturers (2021-2025)
5.2 Forklift Lithium Ion Battery Competitive Landscape Analysis and Market Dynamic
5.2.1 Forklift Lithium Ion Battery Competitive Landscape Analysis
5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
5.2.3 Market Dynamic
6 Forklift Lithium Ion Battery Market Analysis by Type
6.1 Global Forklift Lithium Ion Battery Market Revenue Analysis by Type
6.1.1 Global Forklift Lithium Ion Battery Market Size Analysis by Type: 2024 & 2025 & 2032
6.1.2 Global Forklift Lithium Ion Battery Revenue and Forecast Analysis by Type (2020-2032)
6.2 Global Forklift Lithium Ion Battery Market Sales and Forecast Analysis by Type (2020-2032)
6.3 Global Forklift Lithium Ion Battery Sales Price Trend Analysis by Type (2020-2032)
7 Key Companies Analysis
7.1 Toyota Material Handling
7.1.1 Toyota Material Handling Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.1.2 Toyota Material Handling Forklift Lithium Ion Battery Product Portfolio
7.1.3 Toyota Material Handling Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.2 JB BATTERY
7.2.1 JB BATTERY Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.2.2 JB BATTERY Forklift Lithium Ion Battery Product Portfolio
7.2.3 JB BATTERY Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.3 EnerSys
7.3.1 EnerSys Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.3.2 EnerSys Forklift Lithium Ion Battery Product Portfolio
7.3.3 EnerSys Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.4 Hitachi Chemical
7.4.1 Hitachi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.4.2 Hitachi Chemical Forklift Lithium Ion Battery Product Portfolio
7.4.3 Hitachi Chemical Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.5 GS Yuasa
7.5.1 GS Yuasa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.5.2 GS Yuasa Forklift Lithium Ion Battery Product Portfolio
7.5.3 GS Yuasa Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.6 Hoppecke
7.6.1 Hoppecke Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.6.2 Hoppecke Forklift Lithium Ion Battery Product Portfolio
7.6.3 Hoppecke Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.7 East Penn Manufacturing
7.7.1 East Penn Manufacturing Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.7.2 East Penn Manufacturing Forklift Lithium Ion Battery Product Portfolio
7.7.3 East Penn Manufacturing Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.8 Exide Technologies
7.8.1 Exide Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.8.2 Exide Technologies Forklift Lithium Ion Battery Product Portfolio
7.8.3 Exide Technologies Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.9 MIDAC
7.9.1 MIDAC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.9.2 MIDAC Forklift Lithium Ion Battery Product Portfolio
7.9.3 MIDAC Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.10 SYSTEMS SUNLIGHT
7.10.1 SYSTEMS SUNLIGHT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.10.2 SYSTEMS SUNLIGHT Forklift Lithium Ion Battery Product Portfolio
7.10.3 SYSTEMS SUNLIGHT Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.11 ECOBAT Battery Technologies
7.11.1 ECOBAT Battery Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.11.2 ECOBAT Battery Technologies Forklift Lithium Ion Battery Product Portfolio
7.11.3 ECOBAT Battery Technologies Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.12 Crown Battery
7.12.1 Crown Battery Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.12.2 Crown Battery Forklift Lithium Ion Battery Product Portfolio
7.12.3 Crown Battery Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.13 Triathlon Batterien GmbH
7.13.1 Triathlon Batterien GmbH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.13.2 Triathlon Batterien GmbH Forklift Lithium Ion Battery Product Portfolio
7.13.3 Triathlon Batterien GmbH Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.14 Amara Raja
7.14.1 Amara Raja Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.14.2 Amara Raja Forklift Lithium Ion Battery Product Portfolio
7.14.3 Amara Raja Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.15 Storage Battery Systems, LLC
7.15.1 Storage Battery Systems, LLC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.15.2 Storage Battery Systems, LLC Forklift Lithium Ion Battery Product Portfolio
7.15.3 Storage Battery Systems, LLC Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.16 BAE Batterien
7.16.1 BAE Batterien Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.16.2 BAE Batterien Forklift Lithium Ion Battery Product Portfolio
7.16.3 BAE Batterien Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.17 Banner Batteries
7.17.1 Banner Batteries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.17.2 Banner Batteries Forklift Lithium Ion Battery Product Portfolio
7.17.3 Banner Batteries Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
7.18 Saft
7.18.1 Saft Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
7.18.2 Saft Forklift Lithium Ion Battery Product Portfolio
7.18.3 Saft Forklift Lithium Ion Battery Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
8 Industry Chain Analysis
8.1 Forklift Lithium Ion Battery Industry Chain Analysis
8.2 Forklift Lithium Ion Battery Industry Upstream Supply Analysis
8.2.1 Upstream Key Raw Material Supply Analysis
8.2.2 Raw Material Suppliers and Contact Information
8.3 Forklift Lithium Ion Battery Product Downstream Application Analysis
8.3.1 Global Forklift Lithium Ion Battery Revenue Market Size by Application: 2024 & 2025 & 2032
8.3.2 Global Forklift Lithium Ion Battery Revenue and Forecast Analysis by Application (2020-2032)
8.3.3 Global Forklift Lithium Ion Battery Sales and Forecast Analysis by Application (2020-2032)
8.4 Forklift Lithium Ion Battery Typical Downstream Customers
8.5 Forklift Lithium Ion Battery Sales Channel Analysis
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.2 Research Scope
10.3 Benchmarks and Assumptions
10.4 Date Source
10.4.1 Primary Sources
10.4.2 Secondary Sources
10.5 Data Cross Validation
10.6 Disclaimer

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