Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.
Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
For industry structure analysis, the Electric Forklift industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 62.62% of the revenue market.
Europe occupied 28.76% of the sales market in 2015. It is followed by North America and China, which respectively account for around 24.89% and 17.68% of the global total industry. Japan had a bit smaller sales market than those areas, which took about 16.98% of the global sales volume in 2015.
For price trend analysis, a key variable in the performance of Electric Forklift producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
According to this study, over the next five years the Electric Forklift market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 19600 million by 2024, from US$ 14300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Forklift business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Forklift market by product type, application, key manufacturers and key regions and countries.
This study considers the Electric Forklift value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electric Counterbalance Forklift Trucks
Electric Pallet Trucks
Electric Reach Trucks
Electric Stackers
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Factory
Harbor
Airport
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Toyota
Kion Group AG
Jungheinrich AG
Hyster-Yale Materials Handling
Crown Equipment
Mitsubishi Nichiyu
UniCarriers Corp
Komatsu
Anhui Heli
Clark Material Handling Company
Hangcha
Doosan Industrial Vehicles
Hyundai Heavy Industries
Combilift Ltd
Lonking
Tailift Group
Hubtex
Hytsu Group
Godrej & Boyce
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electric Forklift consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Forklift market by identifying its various subsegments.
Focuses on the key global Electric Forklift manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Forklift with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Forklift submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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:
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.
Table of Contents
2019-2024 Global Electric Forklift Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Forklift Consumption 2014-2024
2.1.2 Electric Forklift Consumption CAGR by Region
2.2 Electric Forklift Segment by Type
2.2.1 Electric Counterbalance Forklift Trucks
2.2.2 Electric Pallet Trucks
2.2.3 Electric Reach Trucks
2.2.4 Electric Stackers
2.2.5 Others
2.3 Electric Forklift Consumption by Type
2.3.1 Global Electric Forklift Consumption Market Share by Type (2014-2019)
2.3.2 Global Electric Forklift Revenue and Market Share by Type (2014-2019)
2.3.3 Global Electric Forklift Sale Price by Type (2014-2019)
2.4 Electric Forklift Segment by Application
2.4.1 Factory
2.4.2 Harbor
2.4.3 Airport
2.4.4 Others
2.5 Electric Forklift Consumption by Application
2.5.1 Global Electric Forklift Consumption Market Share by Application (2014-2019)
2.5.2 Global Electric Forklift Value and Market Share by Application (2014-2019)
2.5.3 Global Electric Forklift Sale Price by Application (2014-2019)
3 Global Electric Forklift by Players
3.1 Global Electric Forklift Sales Market Share by Players
3.1.1 Global Electric Forklift Sales by Players (2017-2019)
3.1.2 Global Electric Forklift Sales Market Share by Players (2017-2019)
3.2 Global Electric Forklift Revenue Market Share by Players
3.2.1 Global Electric Forklift Revenue by Players (2017-2019)
3.2.2 Global Electric Forklift Revenue Market Share by Players (2017-2019)
3.3 Global Electric Forklift Sale Price by Players
3.4 Global Electric Forklift Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Electric Forklift Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Electric Forklift Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Electric Forklift by Regions
4.1 Electric Forklift by Regions
4.1.1 Global Electric Forklift Consumption by Regions
4.1.2 Global Electric Forklift Value by Regions
4.2 Americas Electric Forklift Consumption Growth
4.3 APAC Electric Forklift Consumption Growth
4.4 Europe Electric Forklift Consumption Growth
4.5 Middle East & Africa Electric Forklift Consumption Growth
5 Americas
5.1 Americas Electric Forklift Consumption by Countries
5.1.1 Americas Electric Forklift Consumption by Countries (2014-2019)
5.1.2 Americas Electric Forklift Value by Countries (2014-2019)
5.2 Americas Electric Forklift Consumption by Type
5.3 Americas Electric Forklift Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Electric Forklift Consumption by Countries
6.1.1 APAC Electric Forklift Consumption by Countries (2014-2019)
6.1.2 APAC Electric Forklift Value by Countries (2014-2019)
6.2 APAC Electric Forklift Consumption by Type
6.3 APAC Electric Forklift Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Electric Forklift by Countries
7.1.1 Europe Electric Forklift Consumption by Countries (2014-2019)
7.1.2 Europe Electric Forklift Value by Countries (2014-2019)
7.2 Europe Electric Forklift Consumption by Type
7.3 Europe Electric Forklift Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Electric Forklift by Countries
8.1.1 Middle East & Africa Electric Forklift Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Electric Forklift Value by Countries (2014-2019)
8.2 Middle East & Africa Electric Forklift Consumption by Type
8.3 Middle East & Africa Electric Forklift Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Electric Forklift Distributors
10.3 Electric Forklift Customer
11 Global Electric Forklift Market Forecast
11.1 Global Electric Forklift Consumption Forecast (2019-2024)
11.2 Global Electric Forklift Forecast by Regions
11.2.1 Global Electric Forklift Forecast by Regions (2019-2024)
11.2.2 Global Electric Forklift Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Electric Forklift Forecast by Type
11.8 Global Electric Forklift Forecast by Application
12 Key Players Analysis
12.1 Toyota
12.1.1 Company Details
12.1.2 Electric Forklift Product Offered
12.1.3 Toyota Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Toyota News
12.2 Kion Group AG
12.2.1 Company Details
12.2.2 Electric Forklift Product Offered
12.2.3 Kion Group AG Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Kion Group AG News
12.3 Jungheinrich AG
12.3.1 Company Details
12.3.2 Electric Forklift Product Offered
12.3.3 Jungheinrich AG Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Jungheinrich AG News
12.4 Hyster-Yale Materials Handling
12.4.1 Company Details
12.4.2 Electric Forklift Product Offered
12.4.3 Hyster-Yale Materials Handling Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Hyster-Yale Materials Handling News
12.5 Crown Equipment
12.5.1 Company Details
12.5.2 Electric Forklift Product Offered
12.5.3 Crown Equipment Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Crown Equipment News
12.6 Mitsubishi Nichiyu
12.6.1 Company Details
12.6.2 Electric Forklift Product Offered
12.6.3 Mitsubishi Nichiyu Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Mitsubishi Nichiyu News
12.7 UniCarriers Corp
12.7.1 Company Details
12.7.2 Electric Forklift Product Offered
12.7.3 UniCarriers Corp Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 UniCarriers Corp News
12.8 Komatsu
12.8.1 Company Details
12.8.2 Electric Forklift Product Offered
12.8.3 Komatsu Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Komatsu News
12.9 Anhui Heli
12.9.1 Company Details
12.9.2 Electric Forklift Product Offered
12.9.3 Anhui Heli Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Anhui Heli News
12.10 Clark Material Handling Company
12.10.1 Company Details
12.10.2 Electric Forklift Product Offered
12.10.3 Clark Material Handling Company Electric Forklift Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Clark Material Handling Company News
12.11 Hangcha
12.12 Doosan Industrial Vehicles
12.13 Hyundai Heavy Industries
12.14 Combilift Ltd
12.15 Lonking
12.16 Tailift Group
12.17 Hubtex
12.18 Hytsu Group
12.19 Godrej & Boyce
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Electric Forklift
Table Product Specifications of Electric Forklift
Figure Electric Forklift Report Years Considered
Figure M