North America Forklift Truck Market Forecast 2020-2028
KEY FINDINGS
The North America region, with respect to the forklift truck market, is estimated to garner a CAGR of 1.89% during the forecasted period. The increasing government investments, technological advancements in the construction equipment sector, and the increasing consumption of construction equipment, are the factors impacting market growth in the region.
MARKET INSIGHTS
The forklift truck market in the region of North America is studied through the geographies of the United States and Canada. The market region of North America is considered to be a promising one, as a result of the regional standards and benefits. In regions like Canada, there have been investments made by the government for airport infrastructure enhancement, which is set to increase the demand for forklift trucks in the region. This is because the forklift trucks are used in airports for undocking and stacking cargo shipments. The country boasts of a flourishing e-commerce industry, which is expected to result in huge growth opportunities for the market of the forklift trucks. Logistics is the backbone of industries and commerce in Canada. The growth for forklift trucks is to remain steady in the region as it offers effective logistic support in the region.
COMPETITIVE INSIGHTS
Some of the well-known and established companies in the market are, Mitsubishi Logisnext Co., Ltd., Jungheinrich Ag, Crown Equipment Corporation, Toyota Industries Corporation, Hyster-Yale Materials Handling, Inc., Ep Equipment Co. Ltd., etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of The Market Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Forecast
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Development Of Forklift Truck
- 3.2. Parent Market Analysis: Material Handling Equipment Market
- 3.3. Market Definition
- 3.4. Market Drivers
- 3.4.1. Demand For High-performance Technologies
- 3.4.2. Growth In Emerging Markets
- 3.5. Market Restraints
- 3.5.1. Limited Number Of Raw Material Suppliers
- 3.5.2. High Cost Of Raw Materials
- 3.5.3. Increase In Government Regulations
- 4. Key Analytics
- 4.1. Porter’s Five Force Model
- 4.1.1. Buyers Power
- 4.1.2. Suppliers Power
- 4.1.3. Substitution
- 4.1.4. New Entrants
- 4.1.5. Industry Rivalry
- 4.2. Key Buying Criteria
- 4.3. Opportunity Matrix
- 4.4. Vendor Landscape
- 4.5. Regulatory Framework
- 4.6. Value Chain Analysis
- 4.7. Key Investment Insights
- 5. Market By Product Type
- 5.1. Warehouse Forklift
- 5.2. Counterbalance Forklift
- 6. Market By Power Source
- 6.1. Internal Combustion Engine
- 6.2. Electric Motor
- 7. Market By Class
- 7.1. Class 1
- 7.2. Class 2
- 7.3. Class 3
- 7.4. Class 4
- 7.5. Class 5
- 8. Market By End User
- 8.1. Retail & Wholesale
- 8.2. Logistics
- 8.3. Automotive
- 8.4. Food Industry
- 8.5. Others
- 9. Geographical Analysis
- 9.1. North America
- 9.1.1. United States
- 9.1.2. Canada
- 10. Company Profiles
- 10.1. Hangcha Group Co., Ltd
- 10.2. Kion Group Ag
- 10.3. Anhui Heli Co. Ltd
- 10.4. Clark Material Handling Company
- 10.5. Crown Equipment Corporation
- 10.6. Toyota Industries Corporation
- 10.7. Mitsubishi Logisnext Co., Ltd
- 10.8. Jungheinrich Ag
- 10.9. Ep Equipment Co. Ltd
- 10.10. Hyster-yale Materials Handling, Inc
- 10.11. Hyundai Heavy Industries Co., Ltd
- 10.12. Komatsu Ltd
- 10.13. Lonking Holdings Limited
- 10.14. Godrej & Boyce Manufacturing Company Limited
- 10.15. Doosan Corporation Industrial Vehicle
- List Of Tables
- Table 1: North America Forklift Truck Market, By Country, Forecast Years, 2020-2028 (In $ Million)
- Table 2: North America Forklift Truck Market, By Product, Historic Years, 2016-2019 (In $ Million)
- Table 3: North America Forklift Truck Market, By Product, Forecast Years, 2020-2028 (In $ Million)
- Table 4: North America Forklift Truck Market, By Power Source, Historic Years, 2016-2019 (In $ Million)
- Table 5: North America Forklift Truck Market, By Power Source, Forecast Years, 2020-2028 (In $ Million)
- Table 6: North America Forklift Truck Market, By Class, Historic Years, 2016-2019 (In $ Million)
- Table 7: North America Forklift Truck Market, By Class, Forecast Years, 2020-2028 (In $ Million)
- Table 8: North America Forklift Truck Market, By End User, Historic Years, 2016-2019 (In $ Million)
- Table 9: North America Forklift Truck Market, By End User, Forecast Years, 2020-2028 (In $ Million)
- Table 10: North America Forklift Truck Market, By Country, Historic Years, 2016-2019 (In $ Million)
- Table 11: North America Forklift Truck Market, By Country, Forecast Years, 2020-2028 (In $ Million)
- List Of Figures
- Figure 1: Development Of Forklift Truck
- Figure 2: Porter’s Five Force Analysis
- Figure 3: Key Buying Impact Analysis
- Figure 4: Opportunity Matrix
- Figure 5: Vendor Landscape
- Figure 6: Value Chain Analysis
- Figure 7: North America Forklift Truck Market, Growth Potential, By Product Type (In 2019)
- Figure 8: North America Forklift Truck Market, By Warehouse Forklift, 2020-2028 (In $ Million)
- Figure 9: North America Forklift Truck Market, By Counterbalance Forklift, 2020-2028 (In $ Million)
- Figure 10: North America Forklift Truck Market, Growth Potential, By Power Source (In 2019)
- Figure 11: North America Forklift Truck Market, By Internal Combustion Engine, 2020-2028 (In $ Million)
- Figure 12: North America Forklift Truck Market, By Electric Motor, 2020-2028 (In $ Million)
- Figure 13: North America Forklift Truck Market, Growth Potential, By Class (In 2019)
- Figure 14: North America Forklift Truck Market, By Class 1, 2020-2028 (In $ Million)
- Figure 15: North America Forklift Truck Market, By Class 2, 2020-2028 (In $ Million)
- Figure 16: North America Forklift Truck Market, By Class 3, 2020-2028 (In $ Million)
- Figure 17: North America Forklift Truck Market, By Class 4, 2020-2028 (In $ Million)
- Figure 18: North America Forklift Truck Market, By Class 5, 2020-2028 (In $ Million)
- Figure 19: North America Forklift Truck Market, Growth Potential, By End User (In 2019)
- Figure 20: North America Forklift Truck Market, By Retail & Wholesale, 2020-2028 (In $ Million)
- Figure 21: North America Forklift Truck Market, By Logistics, 2020-2028 (In $ Million)
- Figure 22: North America Forklift Truck Market, By Automotive, 2020-2028 (In $ Million)
- Figure 23: North America Forklift Truck Market, By Food Industry, 2020-2028 (In $ Million)
- Figure 24: North America Forklift Truck Market, By Others, 2020-2028 (In $ Million)
- Figure 25: North America Forklift Truck Market, Regional Outlook, 2019 & 2028 (In %)
- Figure 26: United States Forklift Truck, 2020-2028 (In $ Million)
- Figure 27: Canada Forklift Truck, 2020-2028 (In $ Million)