Global IC Cushion Forklifts Market Growth 2025-2031
Description
The global IC Cushion Forklifts market size is predicted to grow from US$ 11010 million in 2025 to US$ 13660 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
IC Cushion Forklifts are internal combustion engine-powered forklifts equipped with solid rubber (cushion) tires, designed specifically for smooth, indoor surfaces such as concrete. These forklifts typically run on gasoline, and are commonly used in warehouses, manufacturing plants, and indoor distribution centers where tight turning radii and compact profiles are needed.
The IC Cushion Forklifts Market continues to serve niche indoor applications requiring high power, compact design, and quick refueling. However, environmental regulations and the rising affordability of electric cushion forklifts are gradually reducing its share in advanced markets. Demand is expected to remain resilient in developing regions and rental markets, but overall growth is limited as the industry moves toward full electrification for indoor material handling.
Key Market Trends
Slow Transition to Electric Cushion Forklifts: Many businesses are shifting to electric models due to emissions concerns. Growth in Emerging Markets: IC cushion forklifts remain popular in areas with limited charging infrastructure. Improved Engine Emissions Technology: Tier 4 and EPA/CARB-compliant propane engines helping prolong market life in regulated markets. Compact LPG Forklifts for rental and small warehouse operations are seeing moderate demand. Rental Demand: High demand in seasonal industries where short-term power and agility are needed indoors.
Market Drivers
Durability for Heavy Indoor Loads: Cushion forklifts are better suited for lifting heavier loads indoors than many electric counterparts. Lower Initial Costs: Less expensive than lithium-ion or advanced electric cushion forklifts. Infrastructure Compatibility: No reliance on charging stations; refueling is fast and flexible. Operator Familiarity: Long-established use in industrial operations.
LP Information, Inc. (LPI) ' newest research report, the “IC Cushion Forklifts Industry Forecast” looks at past sales and reviews total world IC Cushion Forklifts sales in 2024, providing a comprehensive analysis by region and market sector of projected IC Cushion Forklifts sales for 2025 through 2031. With IC Cushion Forklifts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IC Cushion Forklifts industry.
This Insight Report provides a comprehensive analysis of the global IC Cushion Forklifts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IC Cushion Forklifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IC Cushion Forklifts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IC Cushion Forklifts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IC Cushion Forklifts.
This report presents a comprehensive overview, market shares, and growth opportunities of IC Cushion Forklifts market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Gasoline Type
Diesel Type
Segmentation by Application:
Warehouses
Factories
Distribution Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Manitou
Paletrans Equipment
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Key Questions Addressed in this Report
What is the 10-year outlook for the global IC Cushion Forklifts market?
What factors are driving IC Cushion Forklifts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do IC Cushion Forklifts market opportunities vary by end market size?
How does IC Cushion Forklifts break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
IC Cushion Forklifts are internal combustion engine-powered forklifts equipped with solid rubber (cushion) tires, designed specifically for smooth, indoor surfaces such as concrete. These forklifts typically run on gasoline, and are commonly used in warehouses, manufacturing plants, and indoor distribution centers where tight turning radii and compact profiles are needed.
The IC Cushion Forklifts Market continues to serve niche indoor applications requiring high power, compact design, and quick refueling. However, environmental regulations and the rising affordability of electric cushion forklifts are gradually reducing its share in advanced markets. Demand is expected to remain resilient in developing regions and rental markets, but overall growth is limited as the industry moves toward full electrification for indoor material handling.
Key Market Trends
Slow Transition to Electric Cushion Forklifts: Many businesses are shifting to electric models due to emissions concerns. Growth in Emerging Markets: IC cushion forklifts remain popular in areas with limited charging infrastructure. Improved Engine Emissions Technology: Tier 4 and EPA/CARB-compliant propane engines helping prolong market life in regulated markets. Compact LPG Forklifts for rental and small warehouse operations are seeing moderate demand. Rental Demand: High demand in seasonal industries where short-term power and agility are needed indoors.
Market Drivers
Durability for Heavy Indoor Loads: Cushion forklifts are better suited for lifting heavier loads indoors than many electric counterparts. Lower Initial Costs: Less expensive than lithium-ion or advanced electric cushion forklifts. Infrastructure Compatibility: No reliance on charging stations; refueling is fast and flexible. Operator Familiarity: Long-established use in industrial operations.
LP Information, Inc. (LPI) ' newest research report, the “IC Cushion Forklifts Industry Forecast” looks at past sales and reviews total world IC Cushion Forklifts sales in 2024, providing a comprehensive analysis by region and market sector of projected IC Cushion Forklifts sales for 2025 through 2031. With IC Cushion Forklifts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IC Cushion Forklifts industry.
This Insight Report provides a comprehensive analysis of the global IC Cushion Forklifts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IC Cushion Forklifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IC Cushion Forklifts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IC Cushion Forklifts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IC Cushion Forklifts.
This report presents a comprehensive overview, market shares, and growth opportunities of IC Cushion Forklifts market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Gasoline Type
Diesel Type
Segmentation by Application:
Warehouses
Factories
Distribution Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Manitou
Paletrans Equipment
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Key Questions Addressed in this Report
What is the 10-year outlook for the global IC Cushion Forklifts market?
What factors are driving IC Cushion Forklifts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do IC Cushion Forklifts market opportunities vary by end market size?
How does IC Cushion Forklifts break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
133 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for IC Cushion Forklifts by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for IC Cushion Forklifts by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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