Industrial Lifts Market - Global Forecast 2026-2032

The industrial lifts market is entering a pivotal stage, shaped by changing regulatory priorities, accelerated technological advancement, and evolving operational requirements. Today’s senior decision-makers require precise, actionable insights to confidently future-proof capital investments in an increasingly complex environment.

Market Snapshot: Industrial Lifts Market Size and Growth

The industrial lifts market grew from USD 85.19 billion in 2025 to USD 89.88 billion in 2026, with projections indicating expansion to USD 161.53 billion by 2032 at a CAGR of 9.57%. This robust growth reflects strengthening demand across construction, warehousing, and heavy industries, spurred by stricter safety mandates, the rise of sustainable powertrain technologies, and greater integration of telematics systems. As compliance pressures and innovation cycles accelerate, sourcing, capital planning, and lifecycle management present increasing complexity for leadership teams seeking operational resilience in this evolving segment.

Scope & Segmentation

This report delivers comprehensive analysis of the industrial lifts market, examining structural change, supplier strategies, global regulatory drivers, and technology adoption. It enables leaders to assess both the current competitive landscape and upcoming transformation opportunities across multiple dimensions.

Product Classes: Covers all major lift types including boom lifts (articulated and telescopic), scissor lifts, telehandlers, and vertical mast lifts, each tailored to distinct worksite requirements and operational envelopes.
Powertrains: Analyzes diesel, electric (battery electric and cable reel types), and hybrid powertrains, focusing on runtime, emissions output, and versatility across indoor and outdoor environments.
Application Areas: Encompasses construction, manufacturing, mining, oil and gas, warehousing, and logistics, highlighting sector-specific safety, performance, and compliance demands.
Height Ranges: Details lift capacities segmented by reach (up to 10 meters, 10 to 20 meters, above 20 meters), reflecting differences in site layout and mobility needs.
Load Capacities: Segregates equipment by load weights (up to 2 tonnes, 2 to 4 tonnes, above 4 tonnes), impacting design requirements and component choices.
Regions: Profiles the industrial lifts market in the Americas, EMEA (Europe, Middle East & Africa), and Asia-Pacific, demonstrating how infrastructure cycles, regulatory norms, and manufacturing localization shape market trajectories.
Technological Advances: Explores the integration of telematics, predictive maintenance, next-generation battery systems, service procurement flexibility, and digital supply chain solutions.

Key Takeaways

Heightened operator safety and emissions regulations are significantly shaping equipment replacement and fleet management strategies.
The shift from predominantly diesel-powered fleets to electric and hybrid units reflects a sector-wide move toward sustainability and tighter compliance.
Telematics systems now play a core role in asset visibility, optimizing preventive maintenance and utilization tracking for greater operational efficiency.
Modular product architecture, common component platforms, and ease of maintainability are key advantages reducing lifecycle service costs and fleet downtime.
Regional strategies differ: Americas emphasize high asset utilization and service support; EMEA sees varied powertrain solutions; Asia-Pacific targets scalability, local manufacturing, and cost competitiveness.
Leading OEMs, parts providers, and rental operators seek differentiation through electrified solutions, digital platforms, and expanded aftermarket and bundled service offerings.

Tariff Impact on Sourcing and Fleet Strategies

Recent 2025 tariff policy adjustments have reshaped industrial lifts procurement, forcing many manufacturers, suppliers, and operators to re-evaluate both sourcing and assembly strategies. New import duties are motivating greater consideration of regional and localized supplier partnerships to buffer against cost fluctuations. As a result, decision-makers are increasingly adopting dual-sourcing arrangements and prioritizing transparency throughout the supply chain to ensure price and lead-time stability. For fleet owners and rental providers, these dynamics are influencing decisions around equipment refurbishment, lifecycle extension, or replacement, emphasizing the need for flexible supply models and ongoing monitoring of policy changes to mitigate emerging risks.

Methodology & Data Sources

This assessment utilizes a diverse, mixed-methods approach. Findings draw from structured interviews with fleet operators, OEM strategists, and industry service providers, alongside in-depth reviews of technical documentation, supplier maps, and triangulation against leading industry publications. All data undergoes robust validation and analytic cross-checks to reinforce the report’s reliability.

Why This Report Matters

Equips senior executives to proactively address dynamic regulatory and technological trends affecting capital allocation and operations strategy.
Delivers detailed market segmentation and benchmarking to support optimal product, service, and supply chain initiatives across regional and vertical markets.
Enables alignment of electrification, telematics adoption, and integrated aftermarket services with broader value-creation objectives.

Conclusion

As electrification, digital evolution, and agile service delivery define future industry standards, strategic coordination around technology, sourcing models, and aftermarket integration remains central to sustained competitiveness in the industrial lifts market.

Additional Product Information:

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1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Industrial Lifts Market, by Product Type

8.1. Boom Lift
8.1.1. Articulated Boom Lift
8.1.2. Telescopic Boom Lift
8.2. Scissor Lift
8.3. Telehandler
8.4. Vertical Mast Lift

9. Industrial Lifts Market, by Power Source

9.1. Diesel
9.2. Electric
9.2.1. Battery Electric
9.2.2. Cable Reel Electric
9.3. Hybrid

10. Industrial Lifts Market, by Height Range

10.1. 10 To 20 Meters
10.2. Above 20 Meters
10.3. Up To 10 Meters

11. Industrial Lifts Market, by Load Capacity

11.1. 2 To 4 Tonnes
11.2. Above 4 Tonnes
11.3. Up To 2 Tonnes

12. Industrial Lifts Market, by Application

12.1. Construction
12.2. Manufacturing
12.3. Mining
12.4. Oil & Gas
12.5. Warehousing & Logistics

13. Industrial Lifts Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Industrial Lifts Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Industrial Lifts Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Industrial Lifts Market
17. China Industrial Lifts Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Crown Equipment Corporation
18.6. Doosan Industrial Vehicle Co., Ltd.
18.7. Godrej & Boyce Manufacturing Company Limited
18.8. Hangcha Group Co., Ltd.
18.9. Hyster-Yale Materials Handling, Inc.
18.10. Jungheinrich AG
18.11. KION Group AG
18.12. Komatsu Ltd.
18.13. Mitsubishi Logisnext Co., Ltd.
18.14. Schindler Holding Ltd.
18.15. Skyjack Inc.
18.16. STROS - Sedlcanské strojírny, a.s.
18.17. Teupen USA, Inc.
18.18. ThyssenKrupp AG
18.19. Time Manufacturing Company
18.20. TK Elevator GmbH
18.21. Toyota Industries Corporation
18.22. United Lift Technologies
18.23. XL Industries

List of Figures

FIGURE 1. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL INDUSTRIAL LIFTS MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL INDUSTRIAL LIFTS MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ARTICULATED BOOM LIFT, BY REGION, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ARTICULATED BOOM LIFT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ARTICULATED BOOM LIFT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELESCOPIC BOOM LIFT, BY REGION, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELESCOPIC BOOM LIFT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELESCOPIC BOOM LIFT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY SCISSOR LIFT, BY REGION, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY SCISSOR LIFT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY SCISSOR LIFT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELEHANDLER, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELEHANDLER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY TELEHANDLER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY VERTICAL MAST LIFT, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY VERTICAL MAST LIFT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY VERTICAL MAST LIFT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY DIESEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY DIESEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY DIESEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BATTERY ELECTRIC, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BATTERY ELECTRIC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY BATTERY ELECTRIC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CABLE REEL ELECTRIC, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CABLE REEL ELECTRIC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CABLE REEL ELECTRIC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY HYBRID, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY HYBRID, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY HYBRID, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 10 TO 20 METERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 10 TO 20 METERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 10 TO 20 METERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 20 METERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 20 METERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 20 METERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 10 METERS, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 10 METERS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 10 METERS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 2 TO 4 TONNES, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 2 TO 4 TONNES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY 2 TO 4 TONNES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 4 TONNES, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 4 TONNES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY ABOVE 4 TONNES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 2 TONNES, BY REGION, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 2 TONNES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY UP TO 2 TONNES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CONSTRUCTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CONSTRUCTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY CONSTRUCTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MANUFACTURING, BY REGION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MANUFACTURING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MANUFACTURING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MINING, BY REGION, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MINING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY MINING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY OIL & GAS, BY REGION, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY OIL & GAS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY OIL & GAS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY WAREHOUSING & LOGISTICS, BY REGION, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY WAREHOUSING & LOGISTICS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY WAREHOUSING & LOGISTICS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 76. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 77. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 78. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 79. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 80. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 81. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 82. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 83. AMERICAS INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 84. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 85. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 86. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 87. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 88. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 89. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 90. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 91. NORTH AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 92. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 94. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 95. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 96. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 97. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 98. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 99. LATIN AMERICA INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 100. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 101. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 102. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 103. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 104. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 105. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 106. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 107. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 108. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 109. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 110. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 111. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 112. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 113. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 114. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 115. EUROPE INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 116. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 117. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 118. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 119. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 120. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 121. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 122. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 123. MIDDLE EAST INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 124. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 125. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 126. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 127. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 128. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 129. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 130. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 131. AFRICA INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 132. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 134. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 135. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 136. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 137. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 138. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 139. ASIA-PACIFIC INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 140. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 141. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 142. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 143. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 144. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 145. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 146. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 147. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 148. ASEAN INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 149. GCC INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 150. GCC INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 151. GCC INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 152. GCC INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 153. GCC INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 154. GCC INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 155. GCC INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 156. GCC INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 157. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 158. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 159. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 160. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 161. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 162. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 163. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 164. EUROPEAN UNION INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 165. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 166. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 167. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 168. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 169. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 170. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 171. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 172. BRICS INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 173. G7 INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 174. G7 INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 175. G7 INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 176. G7 INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 177. G7 INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 178. G7 INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 179. G7 INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 180. G7 INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 181. NATO INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 182. NATO INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 183. NATO INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 184. NATO INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 185. NATO INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 186. NATO INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 187. NATO INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 188. NATO INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 189. GLOBAL INDUSTRIAL LIFTS MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 190. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 191. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 192. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 193. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 194. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 195. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 196. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 197. UNITED STATES INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 198. CHINA INDUSTRIAL LIFTS MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 199. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 200. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY BOOM LIFT, 2018-2032 (USD MILLION)
TABLE 201. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 202. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY ELECTRIC, 2018-2032 (USD MILLION)
TABLE 203. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY HEIGHT RANGE, 2018-2032 (USD MILLION)
TABLE 204. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY LOAD CAPACITY, 2018-2032 (USD MILLION)
TABLE 205. CHINA INDUSTRIAL LIFTS MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Industrial Lifts market report include:

Crown Equipment Corporation
Doosan Industrial Vehicle Co., Ltd.
Godrej & Boyce Manufacturing Company Limited
Hangcha Group Co., Ltd.
Hyster-Yale Materials Handling, Inc.
Jungheinrich AG
KION Group AG
Komatsu Ltd.
Mitsubishi Logisnext Co., Ltd.
Schindler Holding Ltd.
Skyjack Inc.
STROS - Sedlčanské strojírny, a.s.
Teupen USA, Inc.
ThyssenKrupp AG
Time Manufacturing Company
TK Elevator GmbH
Toyota Industries Corporation
United Lift Technologies
XL Industries

Table Information

Report Attribute	Details
No. of Pages	194
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 89.88 Billion
Forecasted Market Value ( USD ) by 2032	$ 161.53 Billion
Compound Annual Growth Rate	9.5%
Regions Covered	Global
No. of Companies Mentioned	20

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3511EUR$3,939USD£3,045GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3787EUR$4,249USD£3,285GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5133EUR$5,759USD£4,452GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6212EUR$6,969USD£5,387GBP

Market Snapshot: Industrial Lifts Market Size and Growth

Scope & Segmentation

Key Takeaways

Tariff Impact on Sourcing and Fleet Strategies

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

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