Global Electric Forklift Market Growth 2019-2024

  • receipt Report ID : 179853
  • calendar_today Published On: Jul, 2019
  • file_copy Pages: 161
  • list Automotive

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.

Frequently Asked Questions

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:

  • By Type
  • By Application
  • By Region
  • By Country
  • By Manufacturer

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

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