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Forklift Battery Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19932344

Description

The global Forklift Battery market, valued at $4.76 billion in 2020, is projected to reach $8.66 billion by 2028, growing at a compound annual growth rate (CAGR) of 7.67% from 2021 to 2028. This growth is driven by various macro and microeconomic factors, including the rising adoption of fuel cell forklifts as a viable alternative to traditional electric forklifts.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Product Type (Lithium-ion Battery, Lead–Acid Battery, Others)
By Application (Warehouses, Manufacturing, Construction, Retail & Wholesale Stores, Others)

Key players

Crown Equipment Corporation
East Penn Manufacturing Company
Enersys
Exide Industries Limited
Microtex Energy Private Limited
NITCO
Storage Battery Systems
Systems Sunlight
TOTAL
Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn

Table of Contents

Chapter 1. Executive Summary
Chapter 2. Scope Of The Study
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends
4.1. Supply/ Value Chain Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Industry Rivalry
4.3. Impact of COVID-19 on Forklift Battery Market
4.3.1. Impact on Market Size
4.3.2. End User Trend, Preferences, and Budget Impact
4.3.3. Regulatory Framework/Government Policies
4.3.4. Key Players Strategy to Tackle Negative Impact
4.3.5. Opportunity Window
Chapter 5. Market Dynamics
5.1. Introduction
5.2. DRO Analysis
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
Chapter 6. Global Forklift Battery Market, By Product Type
6.1. Introduction
6.2. Lithium-ion Battery
6.3. Lead–Acid Battery
6.3. Others
Chapter 7. Global Forklift Battery Market, By Application
7.1. Introduction
7.2. Warehouses
7.3. Manufacturing
7.4. Construction
7.5. Retail & Wholesale Stores
7.6. Others
Chapter 8. Global Forklift Battery Market, By Region
8.1. Introduction
8.2. North America
8.2.1. Introduction
8.2.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.3. Market Size and Forecast, By Country, 2020 - 2028
8.2.4. Market Size and Forecast, By Product Type, 2020 - 2028
8.2.5. Market Size and Forecast, By Application, 2020 – 2028
8.2.6. US
8.2.6.1. Introduction
8.2.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.6.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.2.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.2.7. Canada
8.2.7.1. Introduction
8.2.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.2.7.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.2.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.3. Europe
8.3.1. Introduction
8.3.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.3. Market Size and Forecast, By Country, 2020 - 2028
8.3.4. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.5. Market Size and Forecast, By Application, 2020 – 2028
8.3.6. Germany
8.3.6.1. Introduction
8.3.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.6.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.7. France
8.3.7.1. Introduction
8.3.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.7.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.8. UK
8.3.8.1. Introduction
8.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.8.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.8.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.9. Italy
8.3.9.1. Introduction
8.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.9.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.9.4. Market Size and Forecast, By Application, 2020 - 2028
8.3.10. Rest Of Europe
8.3.10.1. Introduction
8.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends
8.3.10.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.3.10.4. Market Size and Forecast, By Application, 2020 - 2028
8.4. Asia-Pacific
8.4.1. Introduction
8.4.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.3. Market Size and Forecast, By Country, 2020 - 2028
8.4.4. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.5. Market Size and Forecast, By Application, 2020 - 2028
8.4.6. China
8.4.6.1. Introduction
8.4.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.6.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.7. India
8.4.7.1. Introduction
8.4.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.7.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.7.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.8. Japan
8.4.8.1. Introduction
8.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.8.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.8.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.9. South Korea
8.4.9.1. Introduction
8.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.9.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.9.4. Market Size and Forecast, By Application, 2020 - 2028
8.4.10. Rest Of Asia-Pacific
8.4.10.1. Introduction
8.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends
8.4.10.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.4.10.4. Market Size and Forecast, By Application, 2020 - 2028
8.5. Rest Of The World (RoW)
8.5.1. Introduction
8.5.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.5.4. Market Size and Forecast, By Application, 2020 - 2028
8.5.5. Market Size and Forecast, By Region, 2020 - 2028
8.5.6. South America
8.5.6.1. Introduction
8.5.6.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.6.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.5.6.4. Market Size and Forecast, By Application, 2020 - 2028
8.5.7. Middle East and Africa
8.5.7.1. Introduction
8.5.7.2. Driving Factors, Opportunity Analyzed and Key Trends
8.5.7.3. Market Size and Forecast, By Product Type, 2020 - 2028
8.5.7.4. Market Size and Forecast, By Application, 2020 - 2028
Chapter 9. Competitive Landscape
9.1. Introduction
9.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
Chapter 10. Company Profiles
10.1. Crown Equipment Corporation
10.1.1. Business Overview
10.1.2. Financial Analysis
10.1.3. Product Portfolio
10.1.4. Recent Development and Strategies Adopted
10.1.5. SWOT Analysis
10.2. East Penn Manufacturing Company
10.2.1. Business Overview
10.2.2. Financial Analysis
10.2.3. Product Portfolio
10.2.4. Recent Development and Strategies Adopted
10.2.5. SWOT Analysis
10.3. Enersys
10.3.1. Business Overview
10.3.2. Financial Analysis
10.3.3. Product Portfolio
10.3.4. Recent Development and Strategies Adopted
10.3.5. SWOT Analysis
10.4. Exide Industries Limited
10.4.1. Business Overview
10.4.2. Financial Analysis
10.4.3. Product Portfolio
10.4.4. Recent Development and Strategies Adopted
10.4.5. SWOT Analysis
10.5. Microtex Energy Private Limited
10.5.1. Business Overview
10.5.2. Financial Analysis
10.5.3. Product Portfolio
10.5.4. Recent Development and Strategies Adopted
10.5.5. SWOT Analysis
10.6. NITCO
10.6.1. Business Overview
10.6.2. Financial Analysis
10.6.3. Product Portfolio
10.6.4. Recent Development and Strategies Adopted
10.6.5. SWOT Analysis
10.7. Storage Battery Systems
10.7.1. Business Overview
10.7.2. Financial Analysis
10.7.3. Product Portfolio
10.7.4. Recent Development and Strategies Adopted
10.7.5. SWOT Analysis
10.8. Systems Sunlight
10.8.1. Business Overview
10.8.2. Financial Analysis
10.8.3. Product Portfolio
10.8.4. Recent Development and Strategies Adopted
10.8.5. SWOT Analysis
10.9. TOTAL
10.9.1. Business Overview
10.9.2. Financial Analysis
10.9.3. Product Portfolio
10.9.4. Recent Development and Strategies Adopted
10.9.5. SWOT Analysis
10.10. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn
10.10.1. Business Overview
10.10.2. Financial Analysis
10.10.3. Product Portfolio
10.10.4. Recent Development and Strategies Adopted
10.10.5. SWOT Analysis
Chapter 11. Key Takeaways

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