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Global Forklift Truck Market: Industry Analysis & Outlook (2018-2022)

Global Forklift Truck Market: Industry Analysis & Outlook (2018-2022)

Forklift trucks are small industrial vehicles with power operated forked platform attached at the front that can be raised and lowered for insertion under a cargo to lift or move it. Forklifts are used in various industries including warehouse and other large storage facilities. Forklifts are powered by electric battery or combustion engines. There are various classes of forklift that are classified on the basis of fuel options and the use.

Rapid infrastructural developments and technological advancements are the factors contributing to forklift market growth. Asian market has a major share in the forklift volume owing to high demand for these trucks in emerging nations such as China and India. There has been increasing growth in the shipment volume of forklift worldwide and it is expected to show further growth in coming years, representing a positive outlook for the market.

Increasing forklift volume is mainly driven by the e-commerce growth globally. There is need of warehouse and distribution centers in the e-commerce market and e-commerce warehouses need to operate much more efficiently than bulk warehouses. One of the recent developments made in this market is hydrogen and lithium batteries to save cost and increase productivity. Class III type of forklift trucks are expected to register the highest growth in coming years due to increasing demand for electric trucks for manufacturing and warehouse activities.

The report “Global Forklift Market: Industry Analysis & Outlook (2018-2022)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering Europe, Asia, the Americas and Oceania regions along with the global market. The report profiles the key players of the market including Toyota Industries Corporation, KION Group AG, Jungheinrich AG, and Mitsubishi Logisnext Co., Ltd.


1. Market Overview
1.1 Forklifts
1.2 Working of Forklifts
1.3 Industrial Uses of Forklift
Table 1: Industrial Uses of Forklifts
1.4 Classification of Forklift Trucks
Table 2: Classification of Forklift Trucks
2. Global Market
2.1 Global Forklift Market by Value
Table 3: Global Forklift Market by Value (2013-2017)
2.2 Global Forklift Market Forecast by Value
Table 4: Global Forklift Market Forecast by Value (2018-2022)
2.3 Global Forklift Market by Volume
Table 5: Global Forklift Market by Volume (2013-2017)
2.4 Global Forklift Market Forecast by Volume
Table 6: Global Forklift Market Forecast by Volume (2018-2022)
2.5 Global Forklift Market Volume by Region
Table 7: Global Forklift Market Volume by Region (2017)
2.6 Global Forklift Market Volume Share by Class
Table 8: Global Forklift Market Volume by Class (2017)
2.7 Global Forklift Market Volume by Class
Table 9: Global Forklift Market Volume by Class (2013-2017)
2.7.1 Global Forklift Market Volume Forecast by Class
Table 10: Global Forklift Market Volume Forecast by Class (2018-2022)
2.8 Global Forklift Market Volume Share by Type
Table 11: Global Forklift Market Volume by Type (2017)
2.9 Global Forklift Market Volume by Type
Table 12: Global Forklift Market Volume by Type (2013-2017)
2.9.1 Global Forklift Market Volume Forecast by Type
Table 13: Global Forklift Market Volume Forecast by Type (2018-2022)
3. Regional Markets
3.1 Europe
3.1.1 Europe Forklift Market by Volume
Table 14: Europe Forklift Market by Volume (2013-2017)
3.1.2 Europe Forklift Market Forecast by Volume
Table 15: Europe Forklift Market Forecast by Volume (2018-2022)
3.1.3 Europe Forklift Market Volume Share by Class
Table 16: Europe Forklift Market Volume Share by Class (2017)
3.1.4 Europe Forklift Market Volume Forecast by Class
Table 17: Europe Forklift Market Volume Forecast by Class (2018-2022)
3.2 Americas
3.2.1 Americas Forklift Market by Volume
Table 18: Americas Forklift Market by Volume (2013-2017)
3.2.2 Americas Forklift Market Forecast by Volume
Table 19: Americas Forklift Market Forecast by Volume (2018-2022)
3.2.3 Americas Forklift Market Volume Share by Class
Table 20: Americas Forklift Market Volume Share by Class (2017)
3.2.4 Americas Forklift Market Volume Forecast by Class
Table 21: Americas Forklift Market Volume Forecast by Class (2018-2022)
3.3 Asia
3.3.1 Asia Forklift Market by Volume
Table 22: Asia Forklift Market by Volume (2013-2017)
3.3.2 Asia Forklift Market Forecast by Volume
Table 23: Asia Forklift Market Forecast by Volume (2018-2022)
3.3.3 Asia Forklift Market Volume Share by Class
Table 24: Asia Forklift Market Volume Share by Class (2017)
3.3.4 Asia Forklift Market Volume Forecast by Class
Table 25: Asia Forklift Market Volume Forecast by Class (2018-2022)
3.4 Africa
3.4.1 Africa Forklift Market by Volume
Table 26: Africa Forklift Market by Volume (2013-2017)
3.4.2 Africa Forklift Market Forecast by Volume
Table 27: Africa Forklift Market Forecast by Volume (2018-2022)
3.4.3 Africa Forklift Market Volume Share by Class
Table 28: Africa Forklift Market Volume Share by Class (2017)
3.4.4 Africa Forklift Market Volume Forecast by Class
Table 29: Africa Forklift Market Volume Forecast by Class (2018-2022)
3.5 Oceania
3.5.1 Oceania Forklift Market by Volume
Table 30: Oceania Forklift Market by Volume (2013-2017)
3.5.2 Oceania Forklift Market Forecast by Volume
Table 31: Oceania Forklift Market Forecast by Volume (2018-2022)
3.5.3 Oceania Forklift Market Volume Share by Class
Table 32: Oceania Forklift Market Volume Share by Class (2017)
3.5.4 Oceania Forklift Market Volume Forecast by Class
Table 33: Oceania Forklift Market Volume Forecast by Class (2018-2022)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising E-commerce Growth
Table 34: Global E-Commerce Sales Forecast (2017-2022)
4.1.2 Growing Construction Sector Spending
Table 35: Global Construction Spending Forecast (2017-2022)
4.1.3 Expansion of Warehouse Space
Table 36: European Logistics Space Take-Up (2015-2017)
4.1.4 Upsurge in Industrialization and Economic Growth
Table 37: Global GDP Per Capita (2013-2017)
4.1.5 Expansion of Logistics Industry
Table 38: Global Logistics Market Forecast (2013-2017)
4.1.6 Rising Application in Manufacturing Industries
4.2 Key Trends & Developments
4.2.1 Rising M-Commerce
Table 39: Global M-commerce Sales Forecast (2017-2022)
4.2.2 Increasing Penetration of Internet of Things (IoT)
Table 40: Global Internet of Things (IoT) Connected Devices Forecast (2017-2022)
4.2.3 Rising Technological Advancement
4.2.4 Increased Automation of Entire Material Flow
4.2.5 Rising Demand for Environmental Friendly Vehicles
4.2.6 Purchase of Low-Cost Forklift Trucks in Emerging Markets
4.3 Challenges
4.3.1 Specialized Operator Training Requirement
4.3.2 Need of Continuous Support and Maintenance
5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue and Market Cap Comparison
Table 41: Key Players - Revenue & Market Cap Comparison (2017/2018)
6. Company Profiles
6.1 Toyota Industries Corporation
6.1.1 Business Overview
Table 42: Toyota Industries Corporation Revenue by Segment (2018)
6.1.2 Financial Overview
Table 43: Toyota Industries Corporation Net Sales and Profit (2014-2018)
6.1.3 Business Strategies
Table 44: Toyota Industries Corporation R&D Expenditure (2016-2018)
6.2 KION Group AG
6.2.1 Business Overview
Table 45: KION Group Revenue by Segment (2017)
6.2.2 Financial Overview
Table 46: KION Group Revenue and Net Income (2013-2017)
6.2.3 Business Strategies
Table 47: KION Group R&D Expenditure (2015-2017)
6.3 Jungheinrich AG
6.3.1 Business Overview
Table 48: Jungheinrich AG Net Sales by Segments (2017)
6.3.2 Financial Overview
Table 49: Jungheinrich AG Net Sales and Net Income (2013-2017)
6.3.3 Business Strategies
Table 50: Jungheinrich AG R&D Expenditure (2015-2017)
6.4 Mitsubishi Logisnext Co., Ltd.
6.4.1 Business Overview
Table 51: Mitsubishi Logisnext Revenue by Segment (2017)
6.4.2 Financial Overview
Table 52: Mitsubishi Logisnext Revenue and Net Income (2013-2017)
6.4.3 Business Strategies

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