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Pallet Trucks - Global Market Trajectory & Analytics

  • ID: 5030472
  • Report
  • July 2020
  • Region: Global
  • 186 pages
  • Global Industry Analysts, Inc
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Global Pallet Trucks Market to Reach US$3.6 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Pallet Trucks estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$3.6 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.Automotive, one of the segments analyzed in the report, is projected to grow at a 5.8% CAGR to reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Food & Beverage segment is readjusted to a revised 5% CAGR for the next 7-year period. This segment currently accounts for a 27.9% share of the global Pallet Trucks market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 7.6% CAGR for the Period of 2020-2027

The Pallet Trucks market in the U. S. is estimated at US$706.5 Million in the year 2020. The country currently accounts for a 27.09% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$753.5 Million in the year 2027 trailing a CAGR of 7.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR while Rest of European market (as defined in the study) will reach US$753.5 Million by the year 2027.

Retail Segment Corners a 22.7% Share in 2020

In the global Retail segment, USA, Canada, Japan, China and Europe will drive the 3.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$446.7 Million in the year 2020 will reach a projected size of US$570.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$483.7 Million by the year 2027, while Latin America will expand at a 4.9% CAGR through the analysis period. The publisher brings years of research experience to this 9th edition of our report. The 186-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Crown Equipment Corporation
  • Goscor Lift Truck Company
  • Hyster Company
  • Hyundai Heavy Industries Co., Ltd.
  • Jungheinrich AG
  • KION Group AG
  • Liftek FZC
  • Linde Material Handling (UK) Ltd.
  • Mitsubishi Logisnext Co., Ltd.
  • Nido Machineries Pvt Ltd
  • Nilkamal Ltd.
  • PR Industrial Srl
  • Presto Lifts, Inc.
  • Raymond Handling Concepts Corporation
  • Toyota Industries Corporation
  • TVH Parts Holding NV

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Pallet Trucks Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Pallet Trucks Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Pallet Trucks Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
TABLE 3: Pallet Trucks Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
TABLE 4: Automotive (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 5: Automotive (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 6: Automotive (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
TABLE 7: Food & Beverage (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 8: Food & Beverage (End-Use) Historic Demand Patterns in US$ Million by Region/Country: 2012-2019
TABLE 9: Food & Beverage (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
TABLE 10: Retail (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 11: Retail (End-Use) Retrospective Demand Analysis in US$ Million by Region/Country: 2012-2019
TABLE 12: Retail (End-Use) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
TABLE 13: Other End-Uses (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 14: Other End-Uses (End-Use) Historic Sales Analysis in US$ Million by Region/Country: 2012-2019
TABLE 15: Other End-Uses (End-Use) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Pallet Trucks Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 16: United States Pallet Trucks Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 17: Pallet Trucks Historic Demand Patterns in the United States by End-Use in US$ Million for 2012-2019
TABLE 18: Pallet Trucks Market Share Breakdown in the United States by End-Use: 2012 VS 2020 VS 2027

CANADA

TABLE 19: Canadian Pallet Trucks Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 20: Pallet Trucks Market in Canada: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 21: Canadian Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

JAPAN

TABLE 22: Japanese Demand Estimates and Forecasts for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 23: Japanese Pallet Trucks Market in US$ Million by End-Use: 2012-2019
TABLE 24: Pallet Trucks Market Share Shift in Japan by End-Use: 2012 VS 2020 VS 2027

CHINA

TABLE 25: Chinese Demand for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 26: Pallet Trucks Market Review in China in US$ Million by End-Use: 2012-2019
TABLE 27: Chinese Pallet Trucks Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

EUROPE

Market Facts & Figures

European Pallet Trucks Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 28: European Pallet Trucks Market Demand Scenario in US$ Million by Region/Country: 2020-2027
TABLE 29: Pallet Trucks Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019
TABLE 30: European Pallet Trucks Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
TABLE 31: European Pallet Trucks Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 32: Pallet Trucks Market in Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 33: European Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

FRANCE

TABLE 34: Pallet Trucks Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 35: French Pallet Trucks Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 36: French Pallet Trucks Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

GERMANY

TABLE 37: Pallet Trucks Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 38: German Pallet Trucks Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 39: Pallet Trucks Market Share Distribution in Germany by End-Use: 2012 VS 2020 VS 2027

ITALY

TABLE 40: Italian Demand for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 41: Pallet Trucks Market Review in Italy in US$ Million by End-Use: 2012-2019
TABLE 42: Italian Pallet Trucks Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED KINGDOM

TABLE 43: United Kingdom Demand Estimates and Forecasts for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 44: United Kingdom Pallet Trucks Market in US$ Million by End-Use: 2012-2019
TABLE 45: Pallet Trucks Market Share Shift in the United Kingdom by End-Use: 2012 VS 2020 VS 2027

SPAIN

TABLE 46: Spanish Pallet Trucks Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 47: Pallet Trucks Market in Spain: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 48: Spanish Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

RUSSIA

TABLE 49: Russian Pallet Trucks Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 50: Pallet Trucks Historic Demand Patterns in Russia by End-Use in US$ Million for 2012-2019
TABLE 51: Pallet Trucks Market Share Breakdown in Russia by End-Use: 2012 VS 2020 VS 2027

REST OF EUROPE

TABLE 52: Rest of Europe Pallet Trucks Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 53: Pallet Trucks Market in Rest of Europe: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 54: Rest of Europe Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

ASIA-PACIFIC

TABLE 55: Asia-Pacific Pallet Trucks Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 56: Pallet Trucks Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019
TABLE 57: Asia-Pacific Pallet Trucks Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
TABLE 58: Pallet Trucks Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 59: Asia-Pacific Pallet Trucks Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 60: Asia-Pacific Pallet Trucks Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

AUSTRALIA

TABLE 61: Pallet Trucks Market in Australia: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 62: Australian Pallet Trucks Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 63: Pallet Trucks Market Share Distribution in Australia by End-Use: 2012 VS 2020 VS 2027

INDIA

TABLE 64: Indian Pallet Trucks Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 65: Pallet Trucks Market in India: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 66: Indian Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

SOUTH KOREA

TABLE 67: Pallet Trucks Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 68: South Korean Pallet Trucks Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 69: Pallet Trucks Market Share Distribution in South Korea by End-Use: 2012 VS 2020 VS 2027

REST OF ASIA-PACIFIC

TABLE 70: Rest of Asia-Pacific Demand Estimates and Forecasts for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 71: Rest of Asia-Pacific Pallet Trucks Market in US$ Million by End-Use: 2012-2019
TABLE 72: Pallet Trucks Market Share Shift in Rest of Asia-Pacific by End-Use: 2012 VS 2020 VS 2027

LATIN AMERICA

TABLE 73: Latin American Pallet Trucks Market Trends by Region/Country in US$ Million: 2020-2027
TABLE 74: Pallet Trucks Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019
TABLE 75: Latin American Pallet Trucks Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
TABLE 76: Latin American Demand for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 77: Pallet Trucks Market Review in Latin America in US$ Million by End-Use: 2012-2019
TABLE 78: Latin American Pallet Trucks Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

ARGENTINA

TABLE 79: Argentinean Pallet Trucks Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 80: Pallet Trucks Market in Argentina: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 81: Argentinean Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

BRAZIL

TABLE 82: Pallet Trucks Quantitative Demand Analysis in Brazil in US$ Million by End-Use: 2020-2027
TABLE 83: Brazilian Pallet Trucks Historic Market Review in US$ Million by End-Use: 2012-2019
TABLE 84: Brazilian Pallet Trucks Market Share Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and 2027

MEXICO

TABLE 85: Pallet Trucks Market in Mexico: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 86: Mexican Pallet Trucks Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 87: Pallet Trucks Market Share Distribution in Mexico by End-Use: 2012 VS 2020 VS 2027

REST OF LATIN AMERICA

TABLE 88: Rest of Latin America Pallet Trucks Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 89: Pallet Trucks Historic Demand Patterns in Rest of Latin America by End-Use in US$ Million for 2012-2019
TABLE 90: Pallet Trucks Market Share Breakdown in Rest of Latin America by End-Use: 2012 VS 2020 VS 2027

MIDDLE EAST

TABLE 91: The Middle East Pallet Trucks Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 92: Pallet Trucks Market in the Middle East by Region/Country in US$ Million: 2012-2019
TABLE 93: The Middle East Pallet Trucks Market Share Breakdown by Region/Country: 2012, 2020, and 2027
TABLE 94: The Middle East Pallet Trucks Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 95: Pallet Trucks Market in the Middle East: Summarization of Historic Demand Patterns in US$ Million by End-Use for 2012-2019
TABLE 96: The Middle East Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

IRAN

TABLE 97: Iranian Demand Estimates and Forecasts for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 98: Iranian Pallet Trucks Market in US$ Million by End-Use: 2012-2019
TABLE 99: Pallet Trucks Market Share Shift in Iran by End-Use: 2012 VS 2020 VS 2027

ISRAEL

TABLE 100: Israeli Pallet Trucks Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 101: Pallet Trucks Market in Israel: Summarization of Historic Demand in US$ Million by End-Use for the Period 2012-2019
TABLE 102: Israeli Pallet Trucks Market Share Analysis by End-Use: 2012 VS 2020 VS 2027

SAUDI ARABIA

TABLE 103: Saudi Arabian Demand for Pallet Trucks in US$ Million by End-Use: 2020 to 2027
TABLE 104: Pallet Trucks Market Review in Saudi Arabia in US$ Million by End-Use: 2012-2019
TABLE 105: Saudi Arabian Pallet Trucks Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027

UNITED ARAB EMIRATES

TABLE 106: Pallet Trucks Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by End-Use for the Period 2020-2027
TABLE 107: United Arab Emirates Pallet Trucks Historic Market Analysis in US$ Million by End-Use: 2012-2019
TABLE 108: Pallet Trucks Market Share Distribution in United Arab Emirates by End-Use: 2012 VS 2020 VS 2027

REST OF MIDDLE EAST

TABLE 109: Pallet Trucks Market in Rest of Middle East: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 110: Rest of Middle East Pallet Trucks Market in Retrospect in US$ Million by End-Use: 2012-2019
TABLE 111: Pallet Trucks Market Share Distribution in Rest of Middle East by End-Use: 2012 VS 2020 VS 2027

AFRICA

TABLE 112: African Pallet Trucks Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 113: Pallet Trucks Historic Demand Patterns in Africa by End-Use in US$ Million for 2012-2019
TABLE 114: Pallet Trucks Market Share Breakdown in Africa by End-Use: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 42

Note: Product cover images may vary from those shown
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