Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the global forklift truck market.
Scope of the Report:This report focuses on the Forklift Trucks in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
First, in recent time, high growth in the transport and trading industries, as well as the increasing penetration rate of forklift trucks in manufacturing industry, is some of the major drivers of global forklift truck industry.
Second, during the past sixteen years from 2000 to 2015, global forklift truck industry developed fast, with annual factory shipment increased from 603.58 k units in 2000 to more than 1000 k units in 2014 and 2015, and the CAGR is near 4%.
Third, at present, global forklift truck industry shows a high concentration. Among the manufacturers, Toyota (Japan) and Kion (Germany) are the top two largest around the world with more than 35% of the global total revenue in 2015. In Europe, Kion (Germany) and Jungheinrich (Germany) are the largest two companies while Hyster-Yale and Crown are the largest in USA.
The worldwide market for Forklift Trucks is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Toyota
Kion
Jungheinrich
Hyster-Yale
Crown
Mitsubishi Nichiyu
UniCarriers
Anhui Heli
Hangcha
Komatsu
Clark
Doosan
Hyundai
EP
Lonking
Combilift
Tailift Group
Hubtex
Hytsu Group
Godrej & Boyce
Paletrans
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Electric Motor Rider Trucks
Electric Motor Narrow Aisle Trucks
Electric Motor Hand or Hand-Rider Trucks
Internal Combustion Engine Trucks - Cushion Tires
Internal Combustion Engine Trucks - Pneumatic Tires
Electric and Internal Combustion Engine Tractors
Rough Terrain Forklift Trucks
Market Segment by Applications, can be divided into Factories
Warehouses
Stations
Ports
Airports
Distribution centers
Others
There are 15 Chapters to deeply display the global Forklift Trucks market.
Chapter 1, to describe Forklift Trucks Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Forklift Trucks, with sales, revenue, and price of Forklift Trucks, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Forklift Trucks, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Forklift Trucks market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Forklift Trucks sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.