Global Forklift Trucks Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Forklift Trucks market size will reach 35,631 Million USD in 2025 and is projected to reach 48,586 Million USD by 2032, with a CAGR of 4.53% (2025-2032). Notably, the China Forklift Trucks 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
Forklift trucks, also known as forklifts or lift trucks, are industrial vehicles designed for the movement and transportation of materials in warehouses, manufacturing facilities, and other logistical environments. Forklifts are equipped with forks or prongs attached to a lifting mechanism that can be raised or lowered for lifting and carrying loads. They come in various types, including counterbalance forklifts, reach trucks, pallet jacks, and rough-terrain forklifts, each designed for specific applications and environments. Forklifts are powered by electric batteries, internal combustion engines (typically fueled by propane, diesel, or gas), or increasingly, advanced technologies like hydrogen fuel cells. Operators control forklifts from a driver＇s seat, and the vehicles are known for their maneuverability, allowing them to navigate narrow aisles and efficiently handle palletized goods. Forklifts are essential in material handling operations, contributing to increased efficiency, reduced manual labor, and improved safety in the movement of goods within industrial and commercial settings.
The major global manufacturers of Forklift Trucks include 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, Paletrans Equipment, Manitou, Combilift, Hubtex Maschinenbau, 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 Forklift Trucks. 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 Trucks 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 Trucks 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 Trucks 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 Trucks Include:
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
Paletrans Equipment
Manitou
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Forklift Trucks Product Segment Include:
Class 1
Class 2
Class 3
Class 4 and 5
Forklift Trucks 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 Trucks Industry PESTEL Analysis
Chapter 3: Global Forklift Trucks Industry Porter's Five Forces Analysis
Chapter 4: Global Forklift Trucks Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Forklift Trucks Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Forklift Trucks 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 Trucks 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 Forklift Trucks market size will reach 35,631 Million USD in 2025 and is projected to reach 48,586 Million USD by 2032, with a CAGR of 4.53% (2025-2032). Notably, the China Forklift Trucks 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
Forklift trucks, also known as forklifts or lift trucks, are industrial vehicles designed for the movement and transportation of materials in warehouses, manufacturing facilities, and other logistical environments. Forklifts are equipped with forks or prongs attached to a lifting mechanism that can be raised or lowered for lifting and carrying loads. They come in various types, including counterbalance forklifts, reach trucks, pallet jacks, and rough-terrain forklifts, each designed for specific applications and environments. Forklifts are powered by electric batteries, internal combustion engines (typically fueled by propane, diesel, or gas), or increasingly, advanced technologies like hydrogen fuel cells. Operators control forklifts from a driver＇s seat, and the vehicles are known for their maneuverability, allowing them to navigate narrow aisles and efficiently handle palletized goods. Forklifts are essential in material handling operations, contributing to increased efficiency, reduced manual labor, and improved safety in the movement of goods within industrial and commercial settings.
The major global manufacturers of Forklift Trucks include 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, Paletrans Equipment, Manitou, Combilift, Hubtex Maschinenbau, 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 Forklift Trucks. 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 Trucks 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 Trucks 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 Trucks 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 Trucks Include:
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
Paletrans Equipment
Manitou
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Forklift Trucks Product Segment Include:
Class 1
Class 2
Class 3
Class 4 and 5
Forklift Trucks 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 Trucks Industry PESTEL Analysis
Chapter 3: Global Forklift Trucks Industry Porter's Five Forces Analysis
Chapter 4: Global Forklift Trucks Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Forklift Trucks Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Forklift Trucks 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 Trucks 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 Forklift Trucks Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Forklift Trucks Product by Type
- 1.2.1 Class 1
- 1.2.2 Class 2
- 1.2.3 Class 3
- 1.2.4 Class 4 and 5
- 1.3 Forklift Trucks Product by Application
- 1.3.1 Warehouses
- 1.3.2 Factories
- 1.3.3 Distribution Centers
- 1.3.4 Others
- 1.4 Global Forklift Trucks Market Revenue and Sales Analysis
- 1.4.1 Global Forklift Trucks Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Forklift Trucks Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Forklift Trucks Market Sales Price Trend Analysis (2020-2032)
- 1.5 Forklift Trucks Market Development Status and Trends
- 1.5.1 Forklift Trucks Industry Development Status Analysis
- 1.5.2 Forklift Trucks Industry Development Trends Analysis
- 2 Forklift Trucks 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 Trucks 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 Trucks Market Analysis by Country
- 4.1 Global Forklift Trucks Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Forklift Trucks Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Forklift Trucks Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Forklift Trucks Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Forklift Trucks Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Forklift Trucks Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Forklift Trucks Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Forklift Trucks Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Forklift Trucks Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Forklift Trucks Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Forklift Trucks Average Sales Price by Manufacturers (2021-2025)
- 5.2 Forklift Trucks Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Forklift Trucks Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Forklift Trucks Market Analysis by Type
- 6.1 Global Forklift Trucks Market Revenue Analysis by Type
- 6.1.1 Global Forklift Trucks Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Forklift Trucks Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Forklift Trucks Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.1.3 Toyota Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.2.3 Kion Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.3.3 Jungheinrich Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.4.3 Mitsubishi Logisnext Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.5.3 Crown Equipment Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.6.3 Hyster-Yale Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.7.3 Anhui Heli Forklift Trucks 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 Forklift Trucks Product Portfolio
- 7.8.3 Hangcha Forklift Trucks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Clark Material Handling
- 7.9.1 Clark Material Handling Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Clark Material Handling Forklift Trucks Product Portfolio
- 7.9.3 Clark Material Handling Forklift Trucks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Doosan Corporation Industrial Vehicle
- 7.10.1 Doosan Corporation Industrial Vehicle Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Doosan Corporation Industrial Vehicle Forklift Trucks Product Portfolio
- 7.10.3 Doosan Corporation Industrial Vehicle Forklift Trucks Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Komatsu
- 7.11.1 Komatsu Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Komatsu Forklift Trucks Product Portfolio
- 7.11.3 Komatsu Forklift Tr
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
