Forklift Market Size, Share, Trends & Industry Analysis Report : By Class, By Power Source, By Operation, By Application, By Battery Type, By Lifting Capacity, By Tire, By Product Type, By End-User Industry, By Region- Market Forecast, 2026-2034

Description

List of Tables

The global forklift market size is expected to reach USD 259.77 billion by 2034, according to a new study by Polaris Market Research. The report "Forklift Market Size, Share, Trends & Industry Analysis Report: By Class (Class 1, Class 2), By Power Source, By Operation, By Application, By Battery Type, By Lifting Capacity, By Tire, By Product Type, By End-User Industry, By Region- Market Forecast, 2026-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

A forklift is a powerful industrial vehicle that is designed to lift and move heavy materials over short distances. Its main purpose is to maneuver, stack, and retrieve goods, which are often stored on pallets, by efficiently moving, stacking, and retrieving goods using powered platforms that can be raised or lowered by forklifts, usually through hydraulic systems and steel forks. These machines are critical for handling materials, ensuring the safe movement of inventory within logistics and supply chains across regions and industries.

The forklift market is expanding rapidly as e-commerce and manufacturing activities grow. This is because more products are being transported from the storage warehouse to the other parts of the factory or warehouse. The rise in e-commerce, particularly in North America and Asia, is significantly contributing to the expansion of the forklift market. The adoption of eco-friendly methods has led to increased demand for autonomous forklifts in the market.

Class 3 forklifts, such as electric motor hand trucks, currently possess the largest market share. The electric forklift currently has the largest market share in the power category because it is more environmentally friendly and economical. The Asia Pacific region currently has the largest market share and is also the fastest-growing region.

Key players in the market include Toyota Material Handling (Toyota Industries Corporation), KION Group (Linde Material Handling, STILL, Baoli), Jungheinrich AG, Mitsubishi Logisnext (Mitsubishi Heavy Industries), Crown Equipment Corporation, Hyster-Yale Materials Handling, Inc. (Hyster and Yale brands), Anhui Heli Co., Ltd., Hangcha Group Co., Ltd., Komatsu Ltd., and CLARK Material Handling Company.

Where is Forklift Market Headed?

Rising demand for e-commerce and automated warehousing is also expected to boost the forklift industry significantly. Online shopping and the need for an efficient material-handling system in warehouses are driving demand for forklift trucks. By geography, the APAC region leads the pack in demand for forklift trucks, driven mainly by growing demand for electric forklift trucks and expanding industries.

What Does Forklift Market Reveal?

What is the global market size and CAGR for the market during 2026-2034?

Which factors are contributing to the industry expansion?

Who are the key industry players? What is their relative position in terms of competitive positioning?

How do e-commerce and industrial production influence the forklift market?

How does the forklift market differ in terms of class, power source, application, and geography? Which is the largest region in terms of forklift demand?

What are the opportunities in different regional markets, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa?

What are some of the emerging technologies that would be able to reshape the pattern of the forklift industry, such as automation and electric forklifts?

Polaris Market Research has segmented the probiotics market report based on Class, Power Source, Operation, Application, Battery Type, Lifting Capacity, Tire, Product Type, End-User Industry, and Region.

By Class Outlook (Revenue - USD Billion, 2020-2034)

Class 1

Class 2

Class 3

Class 4/5

By Power Source Outlook (Revenue - USD Billion, 2020-2034)

Internal Combustion Engine

Electric

By Operation (Revenue-USD Billion, 2020-2034)

Manual

Autonomous

By Application (Revenue-USD Billion, 2020-2034)

Outdoor

Indoor

Indoor & Outdoor

By Battery Type (Revenue-USD Billion, 2020-2034)

Li-ion

Lead Acid

By Lifting Capacity (Revenue-USD Billion, 2020-2034)

Below 2 Tons

2-5 Tons

Above 5 Tons

By Tire Type (Revenue-USD Billion, 2020-2034)

Cushion

Pneumatics

By Product Type (Revenue-USD Billion, 2020-2034)

Warehouse Forklifts

Counterbalance Forklifts

By End-User Industry (Revenue-USD Billion, 2020-2034)

Manufacturing

Logistics

Warehousing and More

By Regional Outlook (Revenue-USD Billion, 2020-2034)

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

Product Code: PM3197

1. Market Overview

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Forklift Market Insights

4.1. Forklift Market - Application Snapshot
4.2. Forklift Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. E-commerce Expansion and Logistics Growth
  - 4.2.1.2. Rising Industrial Production and Manufacturing Activity
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Cost and Total Cost of Ownership (TCO) Constraints
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Moderate)
- 4.3.3. Bargaining Power of Buyers (High)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among Existing Firms (High)
4.4. PESTEL Analysis
4.5. Forklift Market Trends
4.6. Value Chain Analysis

5. Forklift Market Size and Forecast, 2021-2034

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Forklift Market, 2021-2034 (USD Billion)

6. Global Forklift Market, by Class

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Forklift Market, by Class, 2021-2034 (USD Billion)
6.3. Class 1: Electric Motor Rider Trucks
- 6.3.1. Global Forklift Market, by Class 1, by Region, 2021-2034 (USD Billion)
6.4. Class 2: Electric Motor Narrow Aisle Trucks
- 6.4.1. Global Forklift Market, by Class 2, by Region, 2021-2034 (USD Billion)
6.5. Class 3: Electric Motor Hand or Hand-Rider Trucks
- 6.5.1. Global Forklift Market, by Class 3, by Region, 2021-2034 (USD Billion)
6.6. Class 4: Internal Combustion Engine Trucks (Cushion Tires)
- 6.6.1. Global Forklift Market, by Class 4, by Region, 2021-2034 (USD Billion)
6.7. Class 5: Internal Combustion Engine Trucks (Pneumatic Tires)
- 6.7.1. Global Forklift Market, by Class 5, by Region, 2021-2034 (USD Billion)

7. Global Forklift Market, by Power Source

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Forklift Market, by Power Source, 2021-2034 (USD Billion)
7.3. Internal Combustion Engine (ICE)
- 7.3.1. Global Forklift Market, by ICE, by Region, 2021-2034 (USD Billion)
7.4. Electric
- 7.4.1. Global Forklift Market, by Electric, by Region, 2021-2034 (USD Billion)

8. Global Forklift Market, by Operation

8.1. Key Findings
8.2. Introduction
- 8.2.1. Global Forklift Market, by Operation, 2021-2034 (USD Billion)
8.3. Manual / Operator-driven
- 8.3.1. Global Forklift Market, by Manual, by Region, 2021-2034 (USD Billion)
8.4. Autonomous
- 8.4.1. Global Forklift Market, by Autonomous, by Region, 2021-2034 (USD Billion)

9. Global Forklift Market, by Application

9.1. Key Findings
9.2. Introduction
- 9.2.1. Global Forklift Market, by Application, 2021-2034 (USD Billion)
9.3. Outdoor
- 9.3.1. Global Forklift Market, by Outdoor, by Region, 2021-2034 (USD Billion)
9.4. Indoor
- 9.4.1. Global Forklift Market, by Indoor, by Region, 2021-2034 (USD Billion)
9.5. Indoor & Outdoor
- 9.5.1. Global Forklift Market, by Indoor & Outdoor, by Region, 2021-2034 (USD Billion)

10. Global Forklift Market, by Battery Type

10.1. Key Findings
10.2. Introduction
- 10.2.1. Global Forklift Market, by Battery Type, 2021-2034 (USD Billion)
10.3. Lithium-ion (Li-ion)
- 10.3.1. Global Forklift Market, by Li-ion, by Region, 2021-2034 (USD Billion)
10.4. Lead Acid
- 10.4.1. Global Forklift Market, by Lead Acid, by Region, 2021-2034 (USD Billion)

11. Global Forklift Market, by Lifting Capacity

11.1. Key Findings
11.2. Introduction
- 11.2.1. Global Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
11.3. Below 2 Tons
- 11.3.1. Global Forklift Market, by Below 2 Tons, by Region, 2021-2034 (USD Billion)
11.4. 2-5 Tons
- 11.4.1. Global Forklift Market, by 2-5 Tons, by Region, 2021-2034 (USD Billion)
11.5. Above 5 Tons
- 11.5.1. Global Forklift Market, by Above 5 Tons, by Region, 2021-2034 (USD Billion)

12. Global Forklift Market, by Tire Type

12.1. Key Findings
12.2. Introduction
- 12.2.1. Global Forklift Market, by Tire Type, 2021-2034 (USD Billion)
12.3. Cushion
- 12.3.1. Global Forklift Market, by Cushion, by Region, 2021-2034 (USD Billion)
12.4. Pneumatics
- 12.4.1. Global Forklift Market, by Pneumatics, by Region, 2021-2034 (USD Billion)

13. Global Forklift Market, by Product Type

13.1. Key Findings
13.2. Introduction
- 13.2.1. Global Forklift Market, by Product Type, 2021-2034 (USD Billion)
13.3. Warehouse Forklifts
- 13.3.1. Global Forklift Market, by Warehouse Forklifts, by Region, 2021-2034 (USD Billion)
13.4. Counterbalance Forklifts
- 13.4.1. Global Forklift Market, by Counterbalance Forklifts, by Region, 2021-2034 (USD Billion)

14. Global Forklift Market, by End-User Industry

14.1. Key Findings
14.2. Introduction
- 14.2.1. Global Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
14.3. Manufacturing
- 14.3.1. Global Forklift Market, by Manufacturing, by Region, 2021-2034 (USD Billion)
14.4. Logistics
- 14.4.1. Global Forklift Market, by Logistics, by Region, 2021-2034 (USD Billion)
14.5. Warehousing
- 14.5.1. Global Forklift Market, by Warehousing, by Region, 2021-2034 (USD Billion)
14.6. Construction
- 14.6.1. Global Forklift Market, by Construction, by Region, 2021-2034 (USD Billion)
14.7. Retail and Wholesale
- 14.7.1. Global Forklift Market, by Retail and Wholesale, by Region, 2021-2034 (USD Billion)
14.8. Food and Beverage
- 14.8.1. Global Forklift Market, by Food and Beverage, by Region, 2021-2034 (USD Billion)
14.9. Pharmaceuticals and Healthcare
- 14.9.1. Global Forklift Market, by Pharmaceuticals and Healthcare, by Region, 2021-2034 (USD Billion)
14.10. Others
- 14.10.1. Global Forklift Market, by Others, by Region, 2021-2034 (USD Billion)

15. Global Forklift Market, by Geography

15.1. Key Findings
15.2. Introduction
- 15.2.1. Forklift Market Assessment, By Geography, 2021-2034 (USD Billion)
15.3. Forklift Market - North America
- 15.3.1. North America: Forklift Market, by Class, 2021-2034 (USD Billion)
- 15.3.2. North America: Forklift Market, by Power Source, 2021-2034 (USD Billion)
- 15.3.3. North America: Forklift Market, by Operation, 2021-2034 (USD Billion)
- 15.3.4. North America: Forklift Market, by Application, 2021-2034 (USD Billion)
- 15.3.5. North America: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
- 15.3.6. North America: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
- 15.3.7. North America: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
- 15.3.8. North America: Forklift Market, by Product Type, 2021-2034 (USD Billion)
- 15.3.9. North America: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.3.10. Forklift Market - United States
  - 15.3.10.1. United States: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.3.10.2. United States: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.3.10.3. United States: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.3.10.4. United States: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.3.10.5. United States: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.3.10.6. United States: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.3.10.7. United States: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.3.10.8. United States: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.3.10.9. United States: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.3.11. Forklift Market - Canada
  - 15.3.11.1. Canada: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.3.11.2. Canada: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.3.11.3. Canada: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.3.11.4. Canada: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.3.11.5. Canada: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.3.11.6. Canada: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.3.11.7. Canada: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.3.11.8. Canada: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.3.11.9. Canada: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.3.12. Forklift Market - Mexico
  - 15.3.12.1. Mexico: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.3.12.2. Mexico: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.3.12.3. Mexico: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.3.12.4. Mexico: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.3.12.5. Mexico: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.3.12.6. Mexico: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.3.12.7. Mexico: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.3.12.8. Mexico: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.3.12.9. Mexico: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
15.4. Forklift Market - Europe
- 15.4.1. Europe: Forklift Market, by Class, 2021-2034 (USD Billion)
- 15.4.2. Europe: Forklift Market, by Power Source, 2021-2034 (USD Billion)
- 15.4.3. Europe: Forklift Market, by Operation, 2021-2034 (USD Billion)
- 15.4.4. Europe: Forklift Market, by Application, 2021-2034 (USD Billion)
- 15.4.5. Europe: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
- 15.4.6. Europe: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
- 15.4.7. Europe: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
- 15.4.8. Europe: Forklift Market, by Product Type, 2021-2034 (USD Billion)
- 15.4.9. Europe: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.10. Forklift Market - United Kingdom
  - 15.4.10.1. United Kingdom: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.10.2. United Kingdom: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.10.3. United Kingdom: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.10.4. United Kingdom: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.10.5. United Kingdom: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.10.6. United Kingdom: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.10.7. United Kingdom: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.10.8. United Kingdom: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.10.9. United Kingdom: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.11. Forklift Market - France
  - 15.4.11.1. France: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.11.2. France: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.11.3. France: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.11.4. France: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.11.5. France: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.11.6. France: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.11.7. France: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.11.8. France: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.11.9. France: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.12. Forklift Market - Germany
  - 15.4.12.1. Germany: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.12.2. Germany: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.12.3. Germany: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.12.4. Germany: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.12.5. Germany: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.12.6. Germany: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.12.7. Germany: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.12.8. Germany: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.12.9. Germany: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.13. Forklift Market - Italy
  - 15.4.13.1. Italy: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.13.2. Italy: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.13.3. Italy: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.13.4. Italy: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.13.5. Italy: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.13.6. Italy: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.13.7. Italy: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.13.8. Italy: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.13.9. Italy: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.14. Forklift Market - Spain
  - 15.4.14.1. Spain: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.14.2. Spain: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.14.3. Spain: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.14.4. Spain: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.14.5. Spain: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.14.6. Spain: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.14.7. Spain: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.14.8. Spain: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.14.9. Spain: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.15. Forklift Market - Netherlands
  - 15.4.15.1. Netherlands: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.15.2. Netherlands: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.15.3. Netherlands: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.15.4. Netherlands: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.15.5. Netherlands: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.15.6. Netherlands: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.15.7. Netherlands: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.15.8. Netherlands: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.15.9. Netherlands: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.16. Forklift Market - Russia
  - 15.4.16.1. Russia: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.16.2. Russia: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.16.3. Russia: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.16.4. Russia: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.16.5. Russia: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.16.6. Russia: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.16.7. Russia: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.16.8. Russia: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.16.9. Russia: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.4.17. Forklift Market - Rest of Europe
  - 15.4.17.1. Rest of Europe: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.4.17.2. Rest of Europe: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.4.17.3. Rest of Europe: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.4.17.4. Rest of Europe: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.4.17.5. Rest of Europe: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.4.17.6. Rest of Europe: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.4.17.7. Rest of Europe: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.4.17.8. Rest of Europe: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.4.17.9. Rest of Europe: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
15.5. Forklift Market - Asia Pacific
- 15.5.1. Asia Pacific: Forklift Market, by Class, 2021-2034 (USD Billion)
- 15.5.2. Asia Pacific: Forklift Market, by Power Source, 2021-2034 (USD Billion)
- 15.5.3. Asia Pacific: Forklift Market, by Operation, 2021-2034 (USD Billion)
- 15.5.4. Asia Pacific: Forklift Market, by Application, 2021-2034 (USD Billion)
- 15.5.5. Asia Pacific: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
- 15.5.6. Asia Pacific: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
- 15.5.7. Asia Pacific: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
- 15.5.8. Asia Pacific: Forklift Market, by Product Type, 2021-2034 (USD Billion)
- 15.5.9. Asia Pacific: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.10. Forklift Market - China
  - 15.5.10.1. China: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.10.2. China: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.10.3. China: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.10.4. China: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.10.5. China: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.10.6. China: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.10.7. China: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.10.8. China: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.10.9. China: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.11. Forklift Market - Japan
  - 15.5.11.1. Japan: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.11.2. Japan: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.11.3. Japan: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.11.4. Japan: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.11.5. Japan: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.11.6. Japan: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.11.7. Japan: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.11.8. Japan: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.11.9. Japan: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.12. Forklift Market - India
  - 15.5.12.1. India: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.12.2. India: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.12.3. India: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.12.4. India: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.12.5. India: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.12.6. India: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.12.7. India: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.12.8. India: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.12.9. India: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.13. Forklift Market - South Korea
  - 15.5.13.1. South Korea: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.13.2. South Korea: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.13.3. South Korea: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.13.4. South Korea: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.13.5. South Korea: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.13.6. South Korea: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.13.7. South Korea: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.13.8. South Korea: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.13.9. South Korea: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.14. Forklift Market - Indonesia
  - 15.5.14.1. Indonesia: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.14.2. Indonesia: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.14.3. Indonesia: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.14.4. Indonesia: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.14.5. Indonesia: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.14.6. Indonesia: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.14.7. Indonesia: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.14.8. Indonesia: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.14.9. Indonesia: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.15. Forklift Market - Malaysia
  - 15.5.15.1. Malaysia: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.15.2. Malaysia: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.15.3. Malaysia: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.15.4. Malaysia: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.15.5. Malaysia: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.15.6. Malaysia: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.15.7. Malaysia: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.15.8. Malaysia: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.15.9. Malaysia: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.16. Forklift Market - Australia
  - 15.5.16.1. Australia: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.16.2. Australia: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.16.3. Australia: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.16.4. Australia: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.16.5. Australia: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.16.6. Australia: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.16.7. Australia: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.16.8. Australia: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.16.9. Australia: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.17. Forklift Market - Vietnam
  - 15.5.17.1. Vietnam: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.17.2. Vietnam: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.17.3. Vietnam: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.17.4. Vietnam: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.17.5. Vietnam: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.17.6. Vietnam: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.17.7. Vietnam: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.17.8. Vietnam: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.17.9. Vietnam: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.5.18. Forklift Market - Rest of Asia Pacific
  - 15.5.18.1. Rest of Asia Pacific: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.5.18.2. Rest of Asia Pacific: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.5.18.3. Rest of Asia Pacific: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.5.18.4. Rest of Asia Pacific: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.5.18.5. Rest of Asia Pacific: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.5.18.6. Rest of Asia Pacific: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.5.18.7. Rest of Asia Pacific: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.5.18.8. Rest of Asia Pacific: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.5.18.9. Rest of Asia Pacific: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
15.6. Forklift Market - Middle East & Africa
- 15.6.1. Middle East & Africa: Forklift Market, by Class, 2021-2034 (USD Billion)
- 15.6.2. Middle East & Africa: Forklift Market, by Power Source, 2021-2034 (USD Billion)
- 15.6.3. Middle East & Africa: Forklift Market, by Operation, 2021-2034 (USD Billion)
- 15.6.4. Middle East & Africa: Forklift Market, by Application, 2021-2034 (USD Billion)
- 15.6.5. Middle East & Africa: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
- 15.6.6. Middle East & Africa: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
- 15.6.7. Middle East & Africa: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
- 15.6.8. Middle East & Africa: Forklift Market, by Product Type, 2021-2034 (USD Billion)
- 15.6.9. Middle East & Africa: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.6.10. Forklift Market - Saudi Arabia
  - 15.6.10.1. Saudi Arabia: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.6.10.2. Saudi Arabia: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.6.10.3. Saudi Arabia: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.6.10.4. Saudi Arabia: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.6.10.5. Saudi Arabia: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.6.10.6. Saudi Arabia: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.6.10.7. Saudi Arabia: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.6.10.8. Saudi Arabia: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.6.10.9. Saudi Arabia: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.6.11. Forklift Market - United Arab Emirates
  - 15.6.11.1. United Arab Emirates: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.6.11.2. United Arab Emirates: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.6.11.3. United Arab Emirates: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.6.11.4. United Arab Emirates: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.6.11.5. United Arab Emirates: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.6.11.6. United Arab Emirates: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.6.11.7. United Arab Emirates: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.6.11.8. United Arab Emirates: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.6.11.9. United Arab Emirates: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.6.12. Forklift Market - Israel
  - 15.6.12.1. Israel: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.6.12.2. Israel: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.6.12.3. Israel: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.6.12.4. Israel: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.6.12.5. Israel: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.6.12.6. Israel: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.6.12.7. Israel: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.6.12.8. Israel: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.6.12.9. Israel: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.6.13. Forklift Market - South Africa
  - 15.6.13.1. South Africa: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.6.13.2. South Africa: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.6.13.3. South Africa: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.6.13.4. South Africa: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.6.13.5. South Africa: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.6.13.6. South Africa: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.6.13.7. South Africa: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.6.13.8. South Africa: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.6.13.9. South Africa: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.6.14. Forklift Market - Rest of Middle East & Africa
  - 15.6.14.1. Rest of Middle East & Africa: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.6.14.2. Rest of Middle East & Africa: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.6.14.3. Rest of Middle East & Africa: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.6.14.4. Rest of Middle East & Africa: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.6.14.5. Rest of Middle East & Africa: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.6.14.6. Rest of Middle East & Africa: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.6.14.7. Rest of Middle East & Africa: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.6.14.8. Rest of Middle East & Africa: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.6.14.9. Rest of Middle East & Africa: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
15.7. Forklift Market - Latin America
- 15.7.1. Latin America: Forklift Market, by Class, 2021-2034 (USD Billion)
- 15.7.2. Latin America: Forklift Market, by Power Source, 2021-2034 (USD Billion)
- 15.7.3. Latin America: Forklift Market, by Operation, 2021-2034 (USD Billion)
- 15.7.4. Latin America: Forklift Market, by Application, 2021-2034 (USD Billion)
- 15.7.5. Latin America: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
- 15.7.6. Latin America: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
- 15.7.7. Latin America: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
- 15.7.8. Latin America: Forklift Market, by Product Type, 2021-2034 (USD Billion)
- 15.7.9. Latin America: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.7.10. Forklift Market - Brazil
  - 15.7.10.1. Brazil: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.7.10.2. Brazil: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.7.10.3. Brazil: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.7.10.4. Brazil: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.7.10.5. Brazil: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.7.10.6. Brazil: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.7.10.7. Brazil: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.7.10.8. Brazil: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.7.10.9. Brazil: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.7.11. Forklift Market - Argentina
  - 15.7.11.1. Argentina: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.7.11.2. Argentina: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.7.11.3. Argentina: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.7.11.4. Argentina: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.7.11.5. Argentina: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.7.11.6. Argentina: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.7.11.7. Argentina: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.7.11.8. Argentina: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.7.11.9. Argentina: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)
- 15.7.12. Forklift Market - Rest of Latin America
  - 15.7.12.1. Rest of Latin America: Forklift Market, by Class, 2021-2034 (USD Billion)
  - 15.7.12.2. Rest of Latin America: Forklift Market, by Power Source, 2021-2034 (USD Billion)
  - 15.7.12.3. Rest of Latin America: Forklift Market, by Operation, 2021-2034 (USD Billion)
  - 15.7.12.4. Rest of Latin America: Forklift Market, by Application, 2021-2034 (USD Billion)
  - 15.7.12.5. Rest of Latin America: Forklift Market, by Battery Type, 2021-2034 (USD Billion)
  - 15.7.12.6. Rest of Latin America: Forklift Market, by Lifting Capacity, 2021-2034 (USD Billion)
  - 15.7.12.7. Rest of Latin America: Forklift Market, by Tire Type, 2021-2034 (USD Billion)
  - 15.7.12.8. Rest of Latin America: Forklift Market, by Product Type, 2021-2034 (USD Billion)
  - 15.7.12.9. Rest of Latin America: Forklift Market, by End-User Industry, 2021-2034 (USD Billion)

16. Competitive Landscape

16.1. Expansion and Acquisition Analysis
- 16.1.1. Expansion
- 16.1.2. Acquisition
16.2. Partnerships/Collaborations/Agreements/Exhibitions

17. Company Profiles

17.1. Anhui Heli Co., Ltd.
- 17.1.1. Company Overview
- 17.1.2. Business Segments
- 17.1.3. Forklift Product Portfolio
- 17.1.4. Financial Performance
- 17.1.5. Geographic Presence
- 17.1.6. Recent Developments
17.2. CLARK Material Handling Company
- 17.2.1. Company Overview
- 17.2.2. Business Segments
- 17.2.3. Forklift Product Portfolio
- 17.2.4. Financial Performance
- 17.2.5. Geographic Presence
- 17.2.6. Recent Developments
17.3. Crown Equipment Corporation
- 17.3.1. Company Overview
- 17.3.2. Business Segments
- 17.3.3. Forklift Product Portfolio
- 17.3.4. Financial Performance
- 17.3.5. Geographic Presence
- 17.3.6. Recent Developments
17.4. Hangcha Group Co., Ltd.
- 17.4.1. Company Overview
- 17.4.2. Business Segments
- 17.4.3. Forklift Product Portfolio
- 17.4.4. Financial Performance
- 17.4.5. Geographic Presence
- 17.4.6. Recent Developments
17.5. Hyster-Yale Materials Handling, Inc.
- 17.5.1. Company Overview
- 17.5.2. Business Segments
- 17.5.3. Forklift Product Portfolio
- 17.5.4. Financial Performance
- 17.5.5. Geographic Presence
- 17.5.6. Recent Developments
17.6. Junghein