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Forklift Trucks Market: Global Market Size, Forecast, Insights, and Competitive Landscape

  • ID: 5511008
  • Report
  • February 2021
  • Region: Global
  • 154 Pages
  • Prodture

FEATURED COMPANIES

  • Anhui Heli
  • Caterpillar Inc.
  • Godrej & Boyce
  • Hangcha Group Co.
  • Jungheinrich
  • KION Group
The global forklift truck market is expected to grow at a CAGR of around 4.8% during 2021-2029. This report on global forklift truck market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global forklift truck market by segmenting the market based on product type, technology, class, application, and region. Also, detailed profiles of companies operating in the forklift truck market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.



Market Drivers

  • Growing Construction Industry
  • Widely Used for Performing Various Industrial Tasks

Market Challenges

  • High Initial Costs
  • Labour Skill Issues

Historical & Forecast Period

  • Base Year: 2020
  • Historical Period: 2016-2019
  • Forecast Period: 2021-2027

Market by Product Type

  • Counterbalanced Forklift Trucks
  • Warehouse Forklift Trucks

Market by Technology

  • Electricity Powered
  • Internal Combustion Engine Powered

Market by Class

  • Class I
  • Class II
  • Class III
  • Class IV
  • Class V

Market by Application

  • Non-Industrial
  • Warehouses and Distribution Centers
  • Construction Sites
  • Dockyards
  • Snow Plows
  • Industrial
  • Manufacturing
  • Recycling Operations

Market by Region

  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • Rest of Middle East & Africa
Frequently Asked Questions about the Forklift Trucks Market

What is the estimated value of the Forklift Trucks Market?

The Forklift Trucks Market was estimated to be valued at $60.2 Billion in 2021.

What is the growth rate of the Forklift Trucks Market?

The growth rate of the Forklift Trucks Market is 4.8%, with an estimated value of $79.7 Billion by 2027.

What is the forecasted size of the Forklift Trucks Market?

The Forklift Trucks Market is estimated to be worth $79.7 Billion by 2027.

Who are the key companies in the Forklift Trucks Market?

Key companies in the Forklift Trucks Market include Clark Material Handling Company, Crown Equipment Corporation, Godrej & Boyce, Hyster, Yale Materials Handling Inc., Hyundai Heavy Industries Co. Ltd, Jungheinrich, KION Group and Toyota Industries Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Anhui Heli
  • Caterpillar Inc.
  • Godrej & Boyce
  • Hangcha Group Co.
  • Jungheinrich
  • KION Group
1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions

2. Key Insights

3. Global Forklift Truck Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges

4. Global Forklift Truck Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19

5. Global Forklift Truck Market by Product Type
5.1. Introduction
5.2. Counterbalanced Forklift Trucks
5.3. Warehouse Forklift Trucks

6. Global Forklift Truck Market by Technology
6.1. Introduction
6.2. Electricity Powered
6.3. Internal Combustion Engine Powered

7. Global Forklift Truck Market by Class
7.1. Introduction
7.2. Class I
7.3. Class II
7.4. Class III
7.5. Class IV
7.6. Class V

8. Global Forklift Truck Market by Application
8.1. Introduction
8.2. Non-Industrial
8.2.1. Warehouses and Distribution Centers
8.2.2. Construction Sites
8.2.3. Dockyards
8.2.4. Snow Plows
8.3. Industrial
8.3.1. Manufacturing
8.3.2. Recycling Operations

9. Global Forklift Truck Market by Region
9.1 Introduction
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Russia
9.2.7 Netherlands
9.2.8 Rest of the Europe
9.3 North America
9.3.1 United States
9.3.2 Canada
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 Indonesia
9.4.7 Rest of the Asia Pacific
9.5 Latin America
9.5.1 Mexico
9.5.2 Brazil
9.5.3 Argentina
9.5.4 Rest of Latin America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 Turkey
9.6.3 Iran
9.6.4 Rest of Middle East & Africa

10. SWOT Analysis

11. Porter’s Five Forces

12. Market Value Chain Analysis

13. Competitive Landscape
13.1 Competitive Scenario
13.2 Company Profiles
13.2.1 Clark Material Handling Company
13.2.2 Crown Equipment Corporation
13.2.3 Godrej & Boyce
13.2.4 Hyster-Yale Materials Handling Inc.
13.2.5 Hyundai Heavy Industries Co. Ltd
13.2.6 Jungheinrich
13.2.7 KION Group
13.2.8 Mitsubishi Forklift Trucks
13.2.9 Toyota Industries Corporation
13.2.10 Hangcha Group Co.
13.2.11 Doosan Industrial Vehicles Co. Ltd
13.2.12 Caterpillar Inc.
13.2.13 Anhui Heli
13.2.14 Komatsu Ltd

List of Figures

Figure 1: Global Forklift Truck Market (in US$ Million), 2016-2020
Figure 2: Global Forklift Truck Market by Product Type, 2020
Figure 3: Global Forklift Truck Market by Technology, 2020
Figure 4: Global Forklift Truck Market by Class, 2020
Figure 5: Global Forklift Truck Market by Application, 2020
Figure 6: Global Forklift Truck Market by Region, 2020
Figure 7: Global Forklift Truck Market (in US$ Million), 2021-2027
Figure 8: Global Forklift Truck Market by Product Type (in %), 2020 & 2027
Figure 9: Global Counterbalanced Forklift Truck Market (in US$ Million), 2016-2020
Figure 10: Global Counterbalanced Forklift Truck Market (in US$ Million), 2021-2027
Figure 11: Global Warehouse Forklift Truck Market (in US$ Million), 2016-2020
Figure 12: Global Warehouse Forklift Truck Market (in US$ Million), 2021-2027
Figure 13: Global Forklift Truck Market by Technology (in %), 2020 & 2027
Figure 14: Global Electricity Powered Forklift Truck Market (in US$ Million), 2016-2020
Figure 15: Global Electricity Powered Forklift Truck Market (in US$ Million), 2021-2027
Figure 16: Global Internal Combustion Engine Powered Forklift Truck Market (in US$ Million), 2016-2020
Figure 17: Global Internal Combustion Engine Powered Forklift Truck Market (in US$ Million), 2021-2027
Figure 18: Global Forklift Truck Market by Product Type (in %), 2020 & 2027
Figure 19: Global Class I Forklift Truck Market (in US$ Million), 2016-2020
Figure 20: Global Class I Forklift Truck Market (in US$ Million), 2021-2027
Figure 21: Global Class II Forklift Truck Market (in US$ Million), 2016-2020
Figure 22: Global Class II Forklift Truck Market (in US$ Million), 2021-2027
Figure 23: Global Class III Forklift Truck Market (in US$ Million), 2016-2020
Figure 24: Global Class III Forklift Truck Market (in US$ Million), 2021-2027
Figure 25: Global Class IV Forklift Truck Market (in US$ Million), 2016-2020
Figure 26: Global Class IV Forklift Truck Market (in US$ Million), 2021-2027
Figure 27: Global Class V Forklift Truck Market (in US$ Million), 2016-2020
Figure 28: Global Class V Forklift Truck Market (in US$ Million), 2021-2027
Figure 29: Global Forklift Truck Market by Application (in %), 2020 & 2027
Figure 30: Global Non-Industrial Forklift Trucks Market (in US$ Million), 2016-2020
Figure 31: Global Non-Industrial Forklift Trucks Market (in US$ Million), 2021-2027
Figure 32: Warehouses and Distribution Centres Non-Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 33: Construction Sites Non-Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 34: Dockyards Non-Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 35: Snow Plows Non-Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 36: Global Industrial Forklift Trucks Market (in US$ Million), 2021-2027
Figure 37: Global Industrial Forklift Trucks Market (in US$ Million), 2021-2027
Figure 38: Manufacturing Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 39: Recycling Operations Industrial Forklift Trucks Market (in US$ Million), 2016-2027
Figure 40: Forklift Truck Market by Region (in %), 2020 & 2027
Figure 41: Europe Forklift Truck Market (in US$ Million), 2016-2020
Figure 42: Europe Forklift Truck Market (in US$ Million), 2021-2027
Figure 43: Europe Forklift Truck Market by Country (in %), 2020 & 2027
Figure 44: Germany Forklift Truck Market (in US$ Million), 2016-2027
Figure 45: United Kingdom Forklift Truck Market (in US$ Million), 2016-2027
Figure 46: France Forklift Truck Market (in US$ Million), 2016-2027
Figure 47: Italy Forklift Truck Market (in US$ Million), 2016-2027
Figure 48: Spain Forklift Truck Market (in US$ Million), 2016-2027
Figure 49: Russia Forklift Truck Market (in US$ Million), 2016-2027
Figure 50: Netherlands Forklift Truck Market (in US$ Million), 2016-2027
Figure 51: North America Forklift Truck Market (in US$ Million), 2016-2020
Figure 52: North America Forklift Truck Market (in US$ Million), 2021-2027
Figure 53: North America Forklift Truck Market by Country (in %), 2020 & 2027
Figure 54: United States Forklift Truck Market (in US$ Million), 2016-2027
Figure 55: Canada Forklift Truck Market (in US$ Million), 2016-2027
Figure 56: Asia Pacific Forklift Truck Market (in US$ Million), 2016-2020
Figure 57: Asia Pacific Forklift Truck Market (in US$ Million), 2021-2027
Figure 58: Asia Pacific Forklift Truck Market by Country (in %), 2020 & 2027
Figure 59: China Forklift Truck Market (in US$ Million), 2016-2027
Figure 60: Japan Forklift Truck Market (in US$ Million), 2016-2027
Figure 61: India Forklift Truck Market (in US$ Million), 2016-2027
Figure 62: South Korea Forklift Truck Market (in US$ Million), 2016-2027
Figure 63: Australia Forklift Truck Market (in US$ Million), 2016-2027
Figure 64: Indonesia Forklift Truck Market (in US$ Million), 2016-2027
Figure 65: Latin America Forklift Truck Market (in US$ Million), 2016-2020
Figure 66: Latin America Forklift Truck Market (in US$ Million), 2021-2027
Figure 67: Latin America Forklift Truck Market by Country (in %), 2020 & 2027
Figure 68: Mexico Forklift Truck Market (in US$ Million), 2016-2027
Figure 69: Brazil Forklift Truck Market (in US$ Million), 2016-2027
Figure 70: Argentina Forklift Truck Market (in US$ Million), 2016-2027
Figure 71: Middle East & Africa Forklift Truck Market (in US$ Million), 2016-2020
Figure 72: Middle East & Africa Forklift Truck Market (in US$ Million), 2021-2027
Figure 73: Middle East & Africa Forklift Truck Market by Country (in %), 2020 & 2027
Figure 74: Saudi Arabia Forklift Truck Market (in US$ Million), 2016-2027
Figure 75: Turkey Forklift Truck Market (in US$ Million), 2016-2027
Figure 76: Iran Forklift Truck Market (in US$ Million), 2016-2027
Figure 77: Market Value Chain

List of Tables
Table 1: Global Forklift Truck Market Portraiture
Table 2: Global Forklift Truck Market by Product Type (in US$ Million), 2020 & 2027
Table 3: Global Forklift Truck Market by Technology (in US$ Million), 2020 & 2027
Table 4: Global Forklift Truck Market by Class (in US$ Million), 2020 & 2027
Table 5: Global Forklift Truck Market by Application (in US$ Million), 2020 & 2027
Table 6: Non-Industrial Forklift Truck Market by Application (in US$ Million), 2020 & 2027
Table 7: Industrial Forklift Truck Market by Application (in US$ Million), 2020 & 2027
Table 8: Global Forklift Truck Market by Region (in US$ Million), 2020 & 2027
Table 9: Europe Forklift Truck Market by Country (in US$ Million), 2020 & 2027
Table 10: North America Forklift Truck Market by Country (in US$ Million), 2020 & 2027
Table 11: Asia Pacific Forklift Truck Market by Country (in US$ Million), 2020 & 2027
Table 12: Latin America Forklift Truck Market by Country (in US$ Million), 2020 & 2027
Table 13: Middle East & Africa Forklift Truck Market by Country (in US$ Million), 2020 & 2027
Table 14: List of Key Players
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Clark Material Handling Company
  • Crown Equipment Corporation
  • Godrej & Boyce
  • Hyster-Yale Materials Handling Inc.
  • Hyundai Heavy Industries Co. Ltd
  • Jungheinrich
  • KION Group
  • Mitsubishi Forklift Trucks
  • Toyota Industries Corporation
  • Hangcha Group Co.
  • Doosan Industrial Vehicles Co. Ltd
  • Caterpillar Inc.
  • Anhui Heli
  • Komatsu Ltd
Note: Product cover images may vary from those shown

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