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Market Research Report

Pallet Trucks

Published by Global Industry Analysts, Inc. Product code 941065
Published Content info 186 Pages
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Pallet Trucks
Published: July 1, 2020 Content info: 186 Pages
Description

Global Pallet Trucks Market to Reach $3.6 Billion by 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 record a 5.8% CAGR and 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.

The U.S. Market is Estimated at $706.5 Million, While China is Forecast to Grow at 7.6% CAGR

The Pallet Trucks market in the U.S. is estimated at US$706.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$753.5 Million by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 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.

Retail Segment to Record 3.9% CAGR

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. We bring 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
Table of Contents
Product Code: MCP13845

TABLE OF CONTENTS

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
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