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Global Warehouse Vehicles Market 2017-2021

Global Warehouse Vehicles Market 2017-2021

About Warehouse Vehicles

Warehouse vehicles are the vehicles which assist the movement of goods and people within the premises of the warehouses. Warehouse vehicles are defined as mobile machines that are used to transport cargo or people within the limits of the warehouse. Some examples of warehouse vehicles are counterbalance trucks and narrow aisle trucks. The global warehouse vehicles market has been segmented on the basis of product type such as counterbalance trucks, narrow aisle trucks, tow trucks, pallet trucks and others.

Technavio’s analysts forecast the global warehouse vehicles market to grow at a CAGR of 6.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global warehouse vehicles market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Warehouse Vehicles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Crown
  • Jungheinrich
  • KION GROUP
  • Toyota
Other prominent vendors
  • CONHERSA
  • Douglas Equipment Company
  • Godrej Material Handling
  • Hyster Company
  • Lokpal Industries
  • Mighty Lift
  • Ningbo Ruyi Joint Stock
  • NOVELTEK
  • PalletTrucksUK
  • Patel Material Handling Equipment
  • Puma Lift Trucks
  • RICO manufacturing
  • Sroka Incorporated
  • STILL Materials Handling
  • The Raymond Corporation
  • Yale Materials Handling Corporation
Market driver
  • Rising e-commerce retail sales
  • For a full, detailed list, view our report
Market challenge
  • High initial investment and maintenance cost
  • For a full, detailed list, view our report
Market trend
  • Rising popularity of non-marking tire
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Warehouse Vehicles Market 2017-2021

Technavio recognizes the following companies as the key players in the global warehouse vehicles market: Crown, Jungheinrich, KION GROUP, and Toyota.

Other Prominent Vendors in the market are: CONHERSA, Douglas Equipment Company, Godrej Material Handling, Hyster Company, Lokpal Industries, Mighty Lift, Ningbo Ruyi Joint Stock, NOVELTEK, PalletTrucksUK, Patel Material Handling Equipment, Puma Lift Trucks, RICO manufacturing, Sroka Incorporated, STILL Materials Handling, The Raymond Corporation, and Yale Materials Handling Corporation.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising popularity of non-marking tire. Non-marking tires are used to eliminate black marks on warehouse floors. The non-marking tires are generally grey and white in color. However, the color may vary from manufacturer to manufacturer. Mostly, grocery or food processing plants are required to employ non-marking tires in their factories or warehouse for concerns about hygiene.”

According to the report, one driver in the market is rising e-commerce retail sales. An increase in the number of online shoppers is expected in future, retailers have either slowed or stopped the growth of brick and mortar retail stores in many of the locations. The reverse is true for the warehouses holding the product. Amazon, one of the leading online mass retailers, has increased the size and locations of their warehouse distribution centers. In order to increase the speed of delivery time, warehouses are required to be closer to population centers. Hence the demand for warehouses is likely to increase, thus increasing the demand for the warehouse vehicles.

Further, the report states that one challenge in the market is high initial investment and maintenance cost. Warehouse vehicles require constant technical support and maintenance for smooth and uninterrupted operations. The maintenance cost of warehouse vehicles such as forklifts can be high, especially for those operating in a harmful environment for the warehouse vehicles and undergo a high chance of wear and tear of different parts of the warehouse vehicles. The frequent wear and tear contribute to increase in the cost of maintenance.

Companies Mentioned

Crown, Jungheinrich, KION GROUP, Toyota, CONHERSA, Douglas Equipment Company, Godrej Material Handling, Hyster Company, Lokpal Industries, Mighty Lift, Ningbo Ruyi Joint Stock, NOVELTEK, PalletTrucksUK, Patel Material Handling Equipment, Puma Lift Trucks, RICO manufacturing, Sroka Incorporated, STILL Materials Handling, The Raymond Corporation, and Yale Materials Handling Corporation.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Some of the benefits of the warehouse vehicles
  • Market Landscape
    • Market ecosystem
      • Table Parent market - Global material handling equipment market 2016 ($ bn)
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Global warehouse vehicles market - Market sizing 2016
      • Table Global warehouse vehicles market - Market size 2016
      • Table Validation techniques employed for market sizing – 2016
    • Global warehouse vehicles market - Market size and forecast 2016-2021
      • Table Global warehouse vehicles market - Market size and forecast 2016-2021 ($ bn)
      • Table Global warehouse vehicles market - Year-over-year growth 2016-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market Condition in 2016
      • Table Five forces analysis
  • Market segmentation by product
    • Global warehouse vehicles market by products
      • Table Global warehouse vehicles market by products - Market share 2016-2021 (% revenue)
      • Table Global warehouse vehicles market by products - Market share 2016-2021 ($ bn)
      • Table The global warehouse vehicles market by products - Year-over-year growth 2017-2021 (%)
    • Comparison by product
      • Table Comparison by product
    • Global warehouse vehicles market by counterbalance lift truck - Market size and forecast 2016-2021
      • Table The global warehouse vehicles market by counterbalance lift truck - Market size and forecast 2016-2021 ($ bn)
      • Table The global warehouse vehicles market by forklifts - Year-over-year growth 2017-2021 (%)
    • Global warehouse vehicles market by narrow aisle trucks - Market size and forecast 2016-2021
      • Table The global warehouse vehicles market by narrow aisle trucks - Market size and forecast 2016-2021 ($ bn)
      • Table The global warehouse vehicles market by narrow aisle trucks - Year-over-year growth 2017-2021 (%)
    • Global warehouse vehicles market by tow trucks - Market size and forecast 2016-2021
      • Table The global warehouse vehicles market by tow trucks - Market size and forecast 2016- 2021 ($ bn)
      • Table The global warehouse vehicles market by tow trucks - Year-over-year growth 2017- 2021 (%)
    • Global warehouse vehicles market by pallet trucks - Market size and forecast 2016-2021
      • Table The global warehouse vehicles market by pallet trucks - Market size and forecast 2016- 2021 ($ bn)
      • Table The global warehouse vehicles market by pallet trucks - Year-over-year growth 2017- 2021 (%)
    • Global warehouse vehicles market by others - Market size and forecast 2016-2021
      • Table The global warehouse vehicles market by others - Market size and forecast 2016-2021 ($ bn)
      • Table The global warehouse vehicles market by others - Year-over-year growth 2017-2021 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Regional landscape
    • Global warehouse vehicles market by geography
      • Table Global warehouse vehicles market - Market share by geography 2016-2021 (% revenue)
      • Table Global warehouse vehicles market - Market share by geography 2016-2021 ($ bn)
      • Table Global warehouse vehicles market - Year-over-year growth 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Warehouse vehicles market in APAC - Market size and forecast 2016-2021
      • Table Warehouse vehicles market in APAC - Market size and forecast 2016-2021 ($ bn)
      • Table Warehouse vehicles market in APAC - Year-over-year growth 2017-2021 (%)
    • Warehouse vehicles market in EMEA - Market size and forecast 2016-2021
      • Table Warehouse vehicles market in EMEA - Market size and forecast 2016-2021 ($ bn)
      • Table Warehouse vehicles market in EMEA - Year-over-year growth 2017-2021 (%)
    • Warehouse vehicles market in Americas - Market size and forecast 2016-2021
      • Table Warehouse vehicles market in Americas - Market size and forecast 2016-2021 ($ bn)
      • Table Warehouse vehicles market in Americas - Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global retail e-commerce sales forecast 2016-2021 ($ trillions)
      • Table Some of the advantages of the electric forklifts
    • Market challenges
  • Market trends
    • Rising popularity of non-marking tire
      • Table Some of the benefits of the non-marking tires
    • Growing popularity of the autonomous vehicles
    • Rising popularity of fork truck free movement
  • Vendor landscape
    • Competitive scenario
      • Table Factors on the basis of which companies compete
    • Toyota
      • Table Toyota company organization for material handling division
      • Table Business segmentation of TICO
    • KION GROUP
      • Table KION GROUP business segmentation 2016 (% revenue)
      • Table KION GROUP geographic segmentation
    • Jungheinrich
      • Table Jungheinrich business segmentation 2016 (% net sales)
      • Table Jungheinrich geographic segmentation 2016 (% net sales)
      • Table Recent Developments
    • Crown
      • Table Crown product offerings
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
  • Appendix
    • List of abbreviations
  • Explore Technavio

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