Industrial Vehicles Market by Product Type, Drive Type, Application and Region - Global Forecast to 2021

  • ID: 3920314
  • Report
  • Region: Global
  • 129 Pages
  • Markets and Markets
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The Industrial Vehicles Market is Estimated to be USD 13.45 Billion in 2016, and is Projected to Grow at a CAGR of 1.86% from 2016 to 2021, to Reach USD 14.75 Billion by 2021

FEATURED COMPANIES

  • Anhui Heli Co., Ltd
  • Hangcha Group Co. Ltd.
  • Jungheinrich AG
  • Kion Group AG
  • Konecranes
  • MORE

"Industrial Vehicles Market by Product Type (Forklift, Tow Tractor, Aisle Truck, and Container Handler), Drive Type (Internal Combustion Engine, Battery-Operated, and Gas-Powered), Application (Industrial and Cargo), and Region - Global Forecast to 2021"

"Increased industrialization and setting up of warehouses will likely drive the industrial vehicles market"

The industrial vehicles market is estimated to be USD 13.45 billion in 2016, and is projected to grow at a CAGR of 1.86% from 2016 to 2021, to reach USD 14.75 billion by 2021. The growth of this market is fueled by increased industrialization and setting up of warehouses for various sectors such as e-commerce and manufacturing Automatic guided vehicles and customized industrial vehicles have a high installation cost; this is a major restraint for the industrial vehicles market.

"Battery-operated industrial vehicles to be the fastest growing segment in the industrial vehicles market"

Battery-operated industrial vehicles are being increasingly adopted as they are environmentally friendly, reliable, and efficient. These vehicles are economical, and are generally preferred for small warehouses or narrow aisles due to their compactness. Given these advantages, the battery-operated industrial vehicle market is expected to surpass the markets for internal combustion engine-driven and gas-powered industrial vehicles.

"Europe is the fastest growing market for industrial vehicles"

The European region is the fastest growing market for industrial vehicles. Research and development efforts form an integral part of the European economy. The European Union’s key strategy for 2010-2020 identifies research and development as the key measure for economic growth. Industrial vehicle manufacturers are investing heavily in developing technologically advanced products. The demand for advanced products will likely drive the industrial vehicles market in Europe.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type - Tier 1 - 42 %, Tier 2 - 26%, Others - 32%
  • By Designation - C level - 40%, D level - 29%, Others - 31%
  • By Region - North America - 38%, Europe - 22%, Asia-Pacific - 30%, Africa - 10%

Major players profiled in the report are:

  • Toyota Industries Corporation (Japan)
  • KION Group AG (Germany)
  • Hyster-Yale Materials Handling, Inc. (U.S.)
  • Crown Equipment Corporation (U.S.)
  • Jungheinrich AG (Germany)
  • Mitsubishi Nichiyu Forklift Co., Ltd. (Japan)
  • Konecranes (Finland)
  • Clark Material Handling Company (U.S.)
  • Hangcha Group (China)
  • Anhui Heli Co., Ltd. (China)

The report segments the industrial vehicles market and forecasts its size, by volume and value, on the basis of region (North America, Asia-Pacific, Europe, and Africa), product type (forklifts, tow tractors, aisle trucks, and container handlers), drive type (internal combustion engine, battery-operated, and gas-powered), and applications (industrial applications and cargo applications).

Reasons to Buy the Report:

The report provides insights about the following points:

  • Market Penetration: Comprehensive information about the industrial vehicles market offered by the top 10 players in the market
  • Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and new product launches in the industrial vehicles market
  • Market Development: Comprehensive information about types of industrial vehicles. The report analyzes the market for various industrial vehicles across multiple regions
  • Market Diversification: Exhaustive information about new products, untapped regional markets, recent developments, and investments in the industrial vehicles market
  • Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of leading players in the industrial vehicles market.
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FEATURED COMPANIES

  • Anhui Heli Co., Ltd
  • Hangcha Group Co. Ltd.
  • Jungheinrich AG
  • Kion Group AG
  • Konecranes
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Scope
           1.2.1 Markets Covered
           1.2.2 Years Considered for the Study
    1.3 Currency
    1.4 Package Size
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
    2.3 Data From Secondary Sources
    2.4 Primary Data
           2.4.1 Sampling Techniques & Data Collection Methods
           2.4.2 Primary Participants
    2.5 Factor Analysis
           2.5.1 Introduction
           2.5.2 Demand Side Analysis
                    2.5.2.1 Impact of Need for Technological Advancement
                    2.5.2.2 Expansion of Warehouse
                    2.5.2.3 Expected Rise in Trade of Goods
                    2.5.2.4 Favorable Economic Environment
           2.5.3 Supply Side Analysis
                    2.5.3.1 Rising Demand for Electric Industrial Vehicles
    2.6 Market Size Estimation
    2.7 Data Triangulation
    2.8 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Opportunities in the Industrial Vehicle Market
    4.2 Industrial Vehicle Market, By Region, 2016 & 2021
    4.3 Industrial Vehicle Market, By Application, 2016 & 2021
    4.4 Industrial Vehicle Market, By Drive Type, 2016 & 2021
    4.5 Industrial Vehicle Market, By Product Type
    4.6 Industrial Vehicle: Rise in Demand for Industrial Vehicle in Emerging Region

5 Market Overview
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Industrial Vehicle Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Requirement for Warehouses
                    5.3.1.2 Technological Advancements to Increase Productivity
           5.3.2 Restraints
                    5.3.2.1 Lack of R&D Facility for Industrial Vehicles
           5.3.3 Opportunities
                    5.3.3.1 Increase in Demand for Battery Operated Industrial Vehicles
                    5.3.3.2 Integration of Smart Factories Into Material Handling Industry
           5.3.4 Challenge
                    5.3.4.1 Government Regulation and Safety Regulations
    5.4 Poerter’s Five Forces Analysis
           5.4.1 Threat of New Entrant
           5.4.2 Threat of Substitute
           5.4.3 Bargaining Power of Suppliers
           5.4.4 Bargaining Power of Buyers
           5.4.5 Intensity of Rivalry
    5.5 R&D Expenditure By Key Players

6 Industrial Vehicle Market,By Region
    6.1 Introduction
    6.2 Asia-Pacific
           6.2.1 China
           6.2.2 Japan
           6.2.3 India
           6.2.4 South Korea
           6.2.5 Rest of Asia-Pacific
    6.3 North America
           6.3.1 U.S.
           6.3.2 Canada
           6.3.3 Mexico
    6.4 Europe
           6.4.1 Germany
           6.4.2 France
           6.4.3 U.K.
           6.4.4 Italy
           6.4.5 Rest of Europe
    6.5 Africa

7 Industrial Vehicle Market, By Type
    7.1 Introduction
    7.2 Forklift Market, By Type
    7.3 Aisle Trucks
    7.4 Tow Tractors
    7.5 Container Handlers, By Type
    7.6 Automated Guided Vehicles
    7.7 Personnel Carriers

8 Industrial Vehicle Market,By Drive Type
    8.1 Introduction
    8.2 Internal Combustion Engine (ICE) Industrial Vehicles
    8.3 Battery Operated Industrial Vehicles
    8.4 Gas Powered Industrial Vehicles

9 Industrial Vehicle Market, By Application
    9.1 Introduction
    9.2 Cargo Application
    9.3 Industrial Application

10 Competitive Landscape
     10.1 Market Ranking Analysis: Industrial Vehicle Market
     10.2 New Product Launches
     10.3 Mergers & Acquisition
     10.4 Supply Contracts/Joint Ventures/Collaborations/Partnerships
     10.5 Expansion

11 Company Profiles
     11.1 Toyota Industries Corporation
             11.1.1 Business Overview
             11.1.2 Products Offered
             11.1.3 Developments, 2015
             11.1.4 SWOT Analysis
             11.1.5 View
     11.2 Kion Group AG
             11.2.1 Business Overview
             11.2.2 Products Offered
             11.2.3 Developments, 2013-2016
             11.2.4 SWOT Analysis
             11.2.5 View
     11.3 Hyster-Yale Materials Handling, Inc.
             11.3.1 Business Overview
             11.3.2 Products Offered
             11.3.3 Developments, 2014-2016
             11.3.4 SWOT Analysis
             11.3.5 View
     11.4 Crown Equipment Corporation
             11.4.1 Business Overview
             11.4.2 Products Offered
             11.4.3 Developments, 2015-2016
     11.5 Jungheinrich AG
             11.5.1 Business Overview
             11.5.2 Products Offered
             11.5.3 Developments, 2015-2016
             11.5.4 SWOT Analysis
             11.5.5 View
     11.6 Hangcha Group Co. Ltd.
             11.6.1 Business Overview
             11.6.2 Products Offered
             11.6.3 Recent Developments, 2015-2016
     11.7 Konecranes
             11.7.1 Business Overview
             11.7.2 Products Offered
             11.7.3 Developments, 2016
     11.8 Mitsubishi Nichiyu Forklift Co., Ltd.
             11.8.1 Business Overview
             11.8.2 Products Offered
             11.8.3 Developments,2012-2016
             11.8.4 SWOT Analysis
             11.8.5 View
             11.8.6 Business Overview
             11.8.7 Products Offered
             11.8.8 Developments, 2015-2016
     11.9 Anhui Heli Co., Ltd
             11.9.1 Business Overview
             11.9.2 Products Offered
             11.9.3 Developments, 2013-2016

List of Tables
Table 1 Global Industrial Vehicle Market Size, By Region, 2014-2021 (‘000 Units)
Table 2 Global Industrial Vehicle Market Size, By Region, 2014-2021 (USD Million)
Table 3 Asia-Pacific: Industrial Vehicle Market Size, By Region, 2014-2021 (‘000 Units)
Table 4 Asia-Pacific: Industrial Vehicle Market Size, By Region, 2014-2021 (USD Million)
Table 5 China: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 6 China: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 7 Japan: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 8 Japan: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 9 India: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 10 India: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 11 South Korea: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 12 South Korea: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 13 Rest of Asia-Pacific: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 14 Rest of Asia-Pacific: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 15 North America: Industrial Vehicle Market Size, By Region, 2014-2021 (‘000 Units)
Table 16 North America: Industrial Vehicle Market Size, By Region, 2014-2021 (USD Million)
Table 17 U.S.: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 18 U.S.: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 19 Canada: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 20 Canada.: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 21 Mexico: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 22 Mexico: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 23 Europe: Industrial Vehicle Market Size, By Region, 2014-2021 (‘000 Units)
Table 24 Europe: Industrial Vehicle Market Size, By Region, 2014-2021 (USD Million)
Table 25 Germany: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 26 Germany: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 27 France: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 28 France: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 29 U.K.: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 30 U.K: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 31 Italy: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 32 Italy: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 33 Rest of Europe: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 34 Rest of Europe: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 35 Africa: Industrial Vehicle Market Size, By Product Type, 2014-2021 (‘000 Units)
Table 36 Africa: Industrial Vehicle Market Size, By Product Type, 2014-2021 (USD Million)
Table 37 Industrial Vehicle Market, By Type, 2014-2021 (Units)
Table 38 Industrial Vehicle Market, By Type, 2014-2021 (USD Million)
Table 39 Forklift Market Size, By Type, 2014-2021 (Units)
Table 40 Forklift Market Size, By Type, 2014-2021 (USD Million)
Table 41 Aisle Truck Market Size, By Region, 2014-2021 (Units)
Table 42 Aisle Trucks Market Size, By Region, 2014-2021 (USD Million)
Table 43 Tow Tractors Market Size, By Region, 2014-2021 (Units)
Table 44 Tow Tractors Market Size, By Region, 2014-2021 (USD Million)
Table 45 Container Handlers Market Size, By Type, 2014-2021 (Units)
Table 46 Container Handlers Market Size, By Type, 2014-2021 (USD Million)
Table 47 Global Industrial Vehicle Market, By Drive Type, 2014-2021 (‘000 Units)
Table 48 Global Industrial Vehicle Market, By Drive Type, 2014-2021 (USD Million)
Table 49 Global Industrial Vehicle Market Size, By Drive Type: ICE, 2014-2021 (‘000 Units)
Table 50 Global Industrial Vehicle Market, By Drive Type: ICE, 2014-2021 (USD Million)
Table 51 Global Industrial Vehicle Market Size, By Drive Type: Battery Operated, 2014-2021  (‘000 Units)
Table 52 Global Industrial Vehicle Market Size, By Drive Type: Battery Operated, 2014-2021 (USD Million)
Table 53 Global Industrial Vehicle Market Size, By Drive Type:Gas Powered, 2014-2021 (‘000 Units)
Table 54 Global Industrial Vehicle Market Size, By Drive Type:Gas Powered, 2014-2021 (USD Million)
Table 55 Global Industrial Vehicle Market, By Application, 2014-2021 (‘000 Units)
Table 56 Global Industrial Vehicle Market, By Application, 2014-2021 (USD Million)
Table 57 Global Industrial Vehicle Market Size, By Application: Cargo Application, 2014-2021 (‘000 Units)
Table 58 Global Industrial Vehicle Market, By Application:Cargo Application, 2014-2021 (USD Million)
Table 59 Global Industrial Vehicle Market Size, By Application: Industrial Application, 2014-2021  (‘000 Units)
Table 60 Global Industrial Vehicle Market Size, By Application: Industrial Application, 2014-2021 (USD Million)
Table 61 New Product Launches, 20xx-20xx
Table 62 Mergers & Acquisition, 20xx-20xx
Table 63 Supply Contracts/Joint Ventures/Collaborations/Partnerships, 20xx-20xx
Table 64 Expansions, 20xx-20xx

List of Figures
Figure 1 Global Industrial Vehicle  Market: Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation,  & Region
Figure 5 Global  Industrial Vehicles  Market, By Type: Top Down Approach
Figure 6 Container Handlers to Be the Largest Contributor to Industrial Vehicle Market, By Product Type (2016 & 2021)
Figure 7 Cargo Application  to Be the Largest Contributor to the Industrial Vehicle Market, By Application (2016 & 2021)
Figure 8 Industrial Vehicle Market, By Drive Type,  2016 & 2021
Figure 9 Asia-Pacific to Hold the Largest Share in the Industrial Vehicle Market, By Product Type, in 2016
Figure 10 Infrastructure Investment and GDP Growth are Expected to Drive the Industrial Vehicle Market
Figure 11 Asia-Pacific to Hold the Largest Market for Industrial Vehicle
Figure 12 Freight Wagon Segment to Hold the Largest Size, By Value, in the Industrial Vehicle Market, By Application
Figure 13 ICE Market is Estimated to Occupy the Largest Size, By Value, in the Industrial Vehicle Market, By Drive Type, From 2016 to 2021
Figure 14 Forklift Market to Hold the Largest Share,  By Value, in the Industrial Vehicle Market, By Product Type, 2016
Figure 15 Rise in Demand for Industrial Vehicle in Emerging Region, 2016
Figure 16 Multi-Factor Authentication for Increased Demand of Industrial Vehicle to Drive the Industrial Vehicles Market
Figure 17 Industrial Vehicles Market: Porter’s Five Forces Analysis
Figure 18 R&D Expenditure By Key Players
Figure 19 Asia-Pacific is Expected to Hold the Largest Market Share in the Industrial Vehicle Market in 2016
Figure 20 Asia-Pacific Industrial Vehicle Market Snapshot: China Captures the Largest Share of the Industrial Vehicle Market (Value) in 2016
Figure 21 North American Industrial Vehicle Market Snapshot: U.S. Captures the Largest Share of the Industrial Vehicle Market (Value) in 2016
Figure 22 Europe: Germany Accounts for the Largest Market Size in the Industrial Vehicle Market (Value), 2016-2021
Figure 23 Container Handlers to Hold the Largest Market Share in Term of Value,                 2016 & 2021
Figure 24 Asia-Pacific Market is Estimated to Hold Largest Market Share (Value) From 2016 to 2021
Figure 25 Rising Demand for Ecofriendly Vehicle is Driving the Growth of Aisle Truck Market, 2016 & 2021
Figure 26 Asia-Pacific is Estimated to Hold A Larger Share in Terms of Value , 2016 & 2021
Figure 27 Battery Operated Industrial Vehicles : Estimated to Be the Fastest Growing Segment in Industrial Vehicles Market
Figure 28 Cargo Application in  Industrial Vehicles : Estimated to Be the Fastest Growing Segment in Industrial Vehicles Market
Figure 29 Companies Adopted Expansion as the Key Growth Strategy From 2013 to 2016
Figure 30 Industrial Vehicles Market Ranking: 2015
Figure 31 Battle for Market Share: New Product Launches Was the Key Strategy
Figure 32 Toyota Industries Corporation: Company Snapshot
Figure 33 Toyota Industries Corporation : SWOT Analysis
Figure 34 Kion Group AG: Company Snapshot
Figure 35 Kion Group AG : SWOT Analysis
Figure 36 Hyster-Yale Materials Handling, Inc.: Company Snapshot
Figure 37 Hyster-Yale Materials Handling, Inc. : SWOT Analysis
Figure 38 Crown Equipment Corporation: Company Snapshot
Figure 39 Jungheinrich AG: Company Snapshot
Figure 40 Jungheinrich AG : SWOT Analysis
Figure 41 Hangcha Group Co., Ltd.: Company Snapshot
Figure 42 Konecranes: Company Snapshot
Figure 43 Mitsubishi Nichiyu Forklift Co., Ltd. : Company Snapshot
Figure 44 Mitsubishi Nichiyu Forklift Co., Ltd.: SWOT Analysis
Figure 45 Clark Material Handling Company : Company Snap Shot
Figure 46 Anhui Heli Co., Ltd: Company Snap Shot

Note: Product cover images may vary from those shown
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  • Anhui Heli Co., Ltd
  • Crown Equipment Corporation
  • Hangcha Group Co. Ltd.
  • Hyster-Yale Materials Handling, Inc.
  • Jungheinrich AG
  • Kion Group AG
  • Konecranes
  • Mitsubishi Nichiyu Forklift Co., Ltd.
  • Toyota Industries Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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