Global Forklift trucks Market 2023-2027

Description

List of Tables

Technavio has been monitoring the forklift trucks market and it is poised to grow by 357 th units during 2023-2027, accelerating at a CAGR of 4.32% during the forecast period. Our report on the forklift trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in the construction sector, rapid growth in e-commerce retail, and high growth potential in emerging markets.

Technavio's forklift trucks market is segmented as below:

By Class Type

Class III
Class V
Class I
Class II
Class IV

By Type

Electric
Internal combustion engine

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies fuel cell-powered forklift trucks as one of the prime reasons driving the forklift trucks market growth during the next few years. Also, the growing popularity of automation and the rising prominence of tire technology will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the forklift trucks market covers the following areas:

Forklift trucks market sizing
Forklift trucks market forecast
Forklift trucks market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading forklift trucks market vendors that include Anhui Heli Co. Ltd., BYD Electronic Co. Ltd., Cargotec Corp., Caterpillar Inc., CLARK Material Handling Co., Crown Equipment Corp., CVS FERRARI Spa, Dana Inc., EP Equipment Co. Ltd., Hoist Material Handling Inc., Hyster Yale Materials Handling Inc., Jungheinrich AG, KION GROUP AG, Komatsu Mining Corp., Konecranes, Manitou BF SA, Mitsubishi Heavy Industries Ltd., Royal Terberg Group BV, Toyota Industries Corp., and SANY Group. Also, the forklift trucks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR40505

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Class Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global forklift trucks market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global forklift trucks market 2017 - 2021 (thousand units)
4.2 Class Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Class Type Segment 2017 - 2021 (thousand units)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 (thousand units)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (thousand units)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (thousand units)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Class Type

6.1 Market segments
Exhibit 30: Chart on Class Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Class Type - Market share 2022-2027 (%)
6.2 Comparison by Class Type
Exhibit 32: Chart on Comparison by Class Type
Exhibit 33: Data Table on Comparison by Class Type
6.3 Class III - Market size and forecast 2022-2027
Exhibit 34: Chart on Class III - Market size and forecast 2022-2027 (thousand units)
Exhibit 35: Data Table on Class III - Market size and forecast 2022-2027 (thousand units)
Exhibit 36: Chart on Class III - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Class III - Year-over-year growth 2022-2027 (%)
6.4 Class V - Market size and forecast 2022-2027
Exhibit 38: Chart on Class V - Market size and forecast 2022-2027 (thousand units)
Exhibit 39: Data Table on Class V - Market size and forecast 2022-2027 (thousand units)
Exhibit 40: Chart on Class V - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Class V - Year-over-year growth 2022-2027 (%)
6.5 Class I - Market size and forecast 2022-2027
Exhibit 42: Chart on Class I - Market size and forecast 2022-2027 (thousand units)
Exhibit 43: Data Table on Class I - Market size and forecast 2022-2027 (thousand units)
Exhibit 44: Chart on Class I - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Class I - Year-over-year growth 2022-2027 (%)
6.6 Class II - Market size and forecast 2022-2027
Exhibit 46: Chart on Class II - Market size and forecast 2022-2027 (thousand units)
Exhibit 47: Data Table on Class II - Market size and forecast 2022-2027 (thousand units)
Exhibit 48: Chart on Class II - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Class II - Year-over-year growth 2022-2027 (%)
6.7 Class IV - Market size and forecast 2022-2027
Exhibit 50: Chart on Class IV - Market size and forecast 2022-2027 (thousand units)
Exhibit 51: Data Table on Class IV - Market size and forecast 2022-2027 (thousand units)
Exhibit 52: Chart on Class IV - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Class IV - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Class Type
Exhibit 54: Market opportunity by Class Type (thousand units)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 55: Chart on Type - Market share 2022-2027 (%)
Exhibit 56: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
7.3 Electric - Market size and forecast 2022-2027
Exhibit 59: Chart on Electric - Market size and forecast 2022-2027 (thousand units)
Exhibit 60: Data Table on Electric - Market size and forecast 2022-2027 (thousand units)
Exhibit 61: Chart on Electric - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Electric - Year-over-year growth 2022-2027 (%)
7.4 Internal combustion engine - Market size and forecast 2022-2027
Exhibit 63: Chart on Internal combustion engine - Market size and forecast 2022-2027 (thousand units)
Exhibit 64: Data Table on Internal combustion engine - Market size and forecast 2022-2027 (thousand units)
Exhibit 65: Chart on Internal combustion engine - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Internal combustion engine - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type (thousand units)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 81: Chart on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 89: Chart on South America - Market size and forecast 2022-2027 (thousand units)
Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 (thousand units)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 (thousand units)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 97: Chart on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 98: Data Table on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 109: Chart on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape (thousand units)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Anhui Heli Co. Ltd.
Exhibit 120: Anhui Heli Co. Ltd. - Overview
Exhibit 121: Anhui Heli Co. Ltd. - Key offerings
12.4 BYD Electronic Co. Ltd.
Exhibit 122: BYD Electronic Co. Ltd. - Overview
Exhibit 123: BYD Electronic Co. Ltd. - Business segments
Exhibit 124: BYD Electronic Co. Ltd. - Key news
Exhibit 125: BYD Electronic Co. Ltd. - Key offerings
Exhibit 126: BYD Electronic Co. Ltd. - Segment focus
12.5 Cargotec Corp.
Exhibit 127: Cargotec Corp. - Overview
Exhibit 128: Cargotec Corp. - Business segments
Exhibit 129: Cargotec Corp. - Key news
Exhibit 130: Cargotec Corp. - Key offerings
Exhibit 131: Cargotec Corp. - Segment focus
12.6 Caterpillar Inc.
Exhibit 132: Caterpillar Inc. - Overview
Exhibit 133: Caterpillar Inc. - Business segments
Exhibit 134: Caterpillar Inc. - Key offerings
Exhibit 135: Caterpillar Inc. - Segment focus
12.7 Crown Equipment Corp.
Exhibit 136: Crown Equipment Corp. - Overview
Exhibit 137: Crown Equipment Corp. - Product / Service
Exhibit 138: Crown Equipment Corp. - Key offerings
12.8 CVS FERRARI Spa
Exhibit 139: CVS FERRARI Spa - Overview
Exhibit 140: CVS FERRARI Spa - Product / Service
Exhibit 141: CVS FERRARI Spa - Key offerings
12.9 Hyster Yale Materials Handling Inc.
Exhibit 142: Hyster Yale Materials Handling Inc. - Overview
Exhibit 143: Hyster Yale Materials Handling Inc. - Business segments
Exhibit 144: Hyster Yale Materials Handling Inc. - Key offerings
Exhibit 145: Hyster Yale Materials Handling Inc. - Segment focus
12.10 Jungheinrich AG
Exhibit 146: Jungheinrich AG - Overview
Exhibit 147: Jungheinrich AG - Business segments
Exhibit 148: Jungheinrich AG - Key offerings
Exhibit 149: Jungheinrich AG - Segment focus
12.11 KION GROUP AG
Exhibit 150: KION GROUP AG - Overview
Exhibit 151: KION GROUP AG - Business segments
Exhibit 152: KION GROUP AG - Key news
Exhibit 153: KION GROUP AG - Key offerings
Exhibit 154: KION GROUP AG - Segment focus
12.12 Komatsu Mining Corp.
Exhibit 155: Komatsu Mining Corp. - Overview
Exhibit 156: Komatsu Mining Corp. - Business segments
Exhibit 157: Komatsu Mining Corp. - Key offerings
Exhibit 158: Komatsu Mining Corp. - Segment focus
12.13 Konecranes
Exhibit 159: Konecranes - Overview
Exhibit 160: Konecranes - Business segments
Exhibit 161: Konecranes - Key offerings
Exhibit 162: Konecranes - Segment focus
12.14 Mitsubishi Heavy Industries Ltd.
Exhibit 163: Mitsubishi Heavy Industries Ltd. - Overview
Exhibit 164: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibit 165: Mitsubishi Heavy Industries Ltd. - Key news
Exhibit 166: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibit 167: Mitsubishi Heavy Industries Ltd. - Segment focus
12.15 Royal Terberg Group BV
Exhibit 168: Royal Terberg Group BV - Overview
Exhibit 169: Royal Terberg Group BV - Product / Service
Exhibit 170: Royal Terberg Group BV - Key offerings
12.16 SANY Group
Exhibit 171: SANY Group - Overview
Exhibit 172: SANY Group - Product / Service
Exhibit 173: SANY Group - Key offerings
12.17 Toyota Industries Corp.
Exhibit 174: Toyota Industries Corp. - Overview
Exhibit 175: Toyota Industries Corp. - Business segments
Exhibit 176: Toyota Industries Corp. - Key news
Exhibit 177: Toyota Industries Corp. - Key offerings
Exhibit 178: Toyota Industries Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations