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PUBLISHER: QYResearch | PRODUCT CODE: 1866694

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PUBLISHER: QYResearch | PRODUCT CODE: 1866694

Electric Forklift Lithium Battery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

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The global market for Electric Forklift Lithium Battery was estimated to be worth US$ 764 million in 2024 and is forecast to a readjusted size of US$ 1284 million by 2031 with a CAGR of 7.3% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Electric Forklift Lithium Battery cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Electric forklift lithium battery is an energy storage device used in electric forklifts. Compared with traditional lead-acid batteries, it has many significant advantages.

First, the life cycle of electric forklift lithium battery is usually more than 3000 charge and discharge cycles, far exceeding the 500 to 1000 cycle life of lead-acid batteries. Some high-quality lithium batteries, such as lithium iron phosphate batteries, can last for 5 to 10 years, greatly reducing the frequency of battery replacement and operating costs.

Second, the energy conversion efficiency of lithium batteries is as high as more than 95%, which can convert more stored energy into usable energy and reduce energy waste. In contrast, the efficiency of lead-acid batteries is about 80% to 85%.

In addition, lithium batteries support opportunity charging and can be quickly charged in a short time, such as during lunch breaks, greatly reducing downtime and improving work efficiency. Lead-acid batteries require 8 to 12 hours to charge.

Finally, lithium batteries are lighter and smaller in size, which contributes to more user-friendly and efficient equipment design. Lithium batteries are usually only 1/4 the weight of lead-acid batteries of the same capacity, and only about 1/3 the volume of lead-acid batteries.

Lithium batteries are suitable for high-intensity, multi-shift operation scenarios, such as airports, large-scale storage and logistics centers, etc. In these scenarios, the fast charging and high efficiency characteristics of lithium batteries can give full play to their advantages and keep the vehicle working at full load and uninterruptedly.

In 2024, global Electric Forklift Lithium Battery sales reached approximately 5,655.6 MWh, with an average market price of around 135.0 USD/kWh.

As the demand for cleaner and more sustainable operations continues to grow, the demand for electric forklifts is also increasing. Electric forklifts require reliable and efficient battery systems to power their operation, which directly promotes the application and development of lithium batteries in the field of electric forklifts.

Many countries and regions have introduced a series of environmental protection regulations and policies to restrict or prohibit the use of highly polluting batteries such as lead-acid batteries in industrial vehicles such as electric forklifts. This has prompted companies to turn to more environmentally friendly and efficient lithium batteries.

Continuous breakthroughs and innovations in lithium battery technology, such as increased energy density, faster charging speed, and enhanced safety, have made the application of lithium batteries in electric forklifts more extensive and reliable.

Although the initial investment cost of lithium batteries is high, their long life, low maintenance cost and high efficiency make them more cost-effective in long-term use. As the scale of lithium battery production expands and the technology matures, its cost is gradually decreasing.

Electric forklifts are increasingly widely used in different industries and fields, such as warehousing and logistics, manufacturing, etc. These industries have different performance requirements for electric forklifts, which has promoted the continuous innovation and diversified development of lithium battery technology.

Although lithium battery technology has made significant progress, it still needs to be further improved in some aspects. For example, there is still room for improvement in battery cycle life, safety, charging efficiency, etc.

Although lithium batteries have many advantages in the field of electric forklifts, some users still have a wait-and-see attitude towards the performance and safety of lithium batteries. This affects the promotion and application of lithium batteries in the electric forklift market.

This report aims to provide a comprehensive presentation of the global market for Electric Forklift Lithium Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Forklift Lithium Battery by region & country, by Type, and by Application.

The Electric Forklift Lithium Battery market size, estimations, and forecasts are provided in terms of sales volume (MWh) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Forklift Lithium Battery.

Market Segmentation

By Company

  • EnerSys
  • GS Yuasa
  • Hoppecke
  • Crown Equipment
  • East Penn Manufacturing
  • MIDAC
  • FAAM (Seri Industrial)
  • Sunlight
  • Saft
  • Flux Power
  • Electrovaya
  • Crown Battery
  • Tianneng Battery Group
  • LEOCH
  • EIKTO
  • Camel Group
  • Shandong Sacred Sun Power Sources
  • Aokly Group
  • Zibo Torch Energy
  • BSLBATT
  • Jiangsu Frey New Energy

Segment by Type

  • LiFePO4 Battery
  • Others

Segment by Application

  • Class I Electric Forklift
  • Class II Electric Forklift
  • Class III Electric Forklift

By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Electric Forklift Lithium Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Electric Forklift Lithium Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Electric Forklift Lithium Battery in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

  • 1.1 Electric Forklift Lithium Battery Product Introduction
  • 1.2 Global Electric Forklift Lithium Battery Market Size Forecast
    • 1.2.1 Global Electric Forklift Lithium Battery Sales Value (2020-2031)
    • 1.2.2 Global Electric Forklift Lithium Battery Sales Volume (2020-2031)
    • 1.2.3 Global Electric Forklift Lithium Battery Sales Price (2020-2031)
  • 1.3 Electric Forklift Lithium Battery Market Trends & Drivers
    • 1.3.1 Electric Forklift Lithium Battery Industry Trends
    • 1.3.2 Electric Forklift Lithium Battery Market Drivers & Opportunity
    • 1.3.3 Electric Forklift Lithium Battery Market Challenges
    • 1.3.4 Electric Forklift Lithium Battery Market Restraints
  • 1.4 Assumptions and Limitations
  • 1.5 Study Objectives
  • 1.6 Years Considered

2 Competitive Analysis by Company

  • 2.1 Global Electric Forklift Lithium Battery Players Revenue Ranking (2024)
  • 2.2 Global Electric Forklift Lithium Battery Revenue by Company (2020-2025)
  • 2.3 Global Electric Forklift Lithium Battery Players Sales Volume Ranking (2024)
  • 2.4 Global Electric Forklift Lithium Battery Sales Volume by Company Players (2020-2025)
  • 2.5 Global Electric Forklift Lithium Battery Average Price by Company (2020-2025)
  • 2.6 Key Manufacturers Electric Forklift Lithium Battery Manufacturing Base and Headquarters
  • 2.7 Key Manufacturers Electric Forklift Lithium Battery Product Offered
  • 2.8 Key Manufacturers Time to Begin Mass Production of Electric Forklift Lithium Battery
  • 2.9 Electric Forklift Lithium Battery Market Competitive Analysis
    • 2.9.1 Electric Forklift Lithium Battery Market Concentration Rate (2020-2025)
    • 2.9.2 Global 5 and 10 Largest Manufacturers by Electric Forklift Lithium Battery Revenue in 2024
    • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Forklift Lithium Battery as of 2024)
  • 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

  • 3.1 Introduction by Type
    • 3.1.1 LiFePO4 Battery
    • 3.1.2 Others
  • 3.2 Global Electric Forklift Lithium Battery Sales Value by Type
    • 3.2.1 Global Electric Forklift Lithium Battery Sales Value by Type (2020 VS 2024 VS 2031)
    • 3.2.2 Global Electric Forklift Lithium Battery Sales Value, by Type (2020-2031)
    • 3.2.3 Global Electric Forklift Lithium Battery Sales Value, by Type (%) (2020-2031)
  • 3.3 Global Electric Forklift Lithium Battery Sales Volume by Type
    • 3.3.1 Global Electric Forklift Lithium Battery Sales Volume by Type (2020 VS 2024 VS 2031)
    • 3.3.2 Global Electric Forklift Lithium Battery Sales Volume, by Type (2020-2031)
    • 3.3.3 Global Electric Forklift Lithium Battery Sales Volume, by Type (%) (2020-2031)
  • 3.4 Global Electric Forklift Lithium Battery Average Price by Type (2020-2031)

4 Segmentation by Application

  • 4.1 Introduction by Application
    • 4.1.1 Class I Electric Forklift
    • 4.1.2 Class II Electric Forklift
    • 4.1.3 Class III Electric Forklift
  • 4.2 Global Electric Forklift Lithium Battery Sales Value by Application
    • 4.2.1 Global Electric Forklift Lithium Battery Sales Value by Application (2020 VS 2024 VS 2031)
    • 4.2.2 Global Electric Forklift Lithium Battery Sales Value, by Application (2020-2031)
    • 4.2.3 Global Electric Forklift Lithium Battery Sales Value, by Application (%) (2020-2031)
  • 4.3 Global Electric Forklift Lithium Battery Sales Volume by Application
    • 4.3.1 Global Electric Forklift Lithium Battery Sales Volume by Application (2020 VS 2024 VS 2031)
    • 4.3.2 Global Electric Forklift Lithium Battery Sales Volume, by Application (2020-2031)
    • 4.3.3 Global Electric Forklift Lithium Battery Sales Volume, by Application (%) (2020-2031)
  • 4.4 Global Electric Forklift Lithium Battery Average Price by Application (2020-2031)

5 Segmentation by Region

  • 5.1 Global Electric Forklift Lithium Battery Sales Value by Region
    • 5.1.1 Global Electric Forklift Lithium Battery Sales Value by Region: 2020 VS 2024 VS 2031
    • 5.1.2 Global Electric Forklift Lithium Battery Sales Value by Region (2020-2025)
    • 5.1.3 Global Electric Forklift Lithium Battery Sales Value by Region (2026-2031)
    • 5.1.4 Global Electric Forklift Lithium Battery Sales Value by Region (%), (2020-2031)
  • 5.2 Global Electric Forklift Lithium Battery Sales Volume by Region
    • 5.2.1 Global Electric Forklift Lithium Battery Sales Volume by Region: 2020 VS 2024 VS 2031
    • 5.2.2 Global Electric Forklift Lithium Battery Sales Volume by Region (2020-2025)
    • 5.2.3 Global Electric Forklift Lithium Battery Sales Volume by Region (2026-2031)
    • 5.2.4 Global Electric Forklift Lithium Battery Sales Volume by Region (%), (2020-2031)
  • 5.3 Global Electric Forklift Lithium Battery Average Price by Region (2020-2031)
  • 5.4 North America
    • 5.4.1 North America Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 5.4.2 North America Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • 5.5 Europe
    • 5.5.1 Europe Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 5.5.2 Europe Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • 5.6 Asia Pacific
    • 5.6.1 Asia Pacific Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 5.6.2 Asia Pacific Electric Forklift Lithium Battery Sales Value by Region (%), 2024 VS 2031
  • 5.7 South America
    • 5.7.1 South America Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 5.7.2 South America Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • 5.8 Middle East & Africa
    • 5.8.1 Middle East & Africa Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 5.8.2 Middle East & Africa Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

  • 6.1 Key Countries/Regions Electric Forklift Lithium Battery Sales Value Growth Trends, 2020 VS 2024 VS 2031
  • 6.2 Key Countries/Regions Electric Forklift Lithium Battery Sales Value and Sales Volume
    • 6.2.1 Key Countries/Regions Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.2.2 Key Countries/Regions Electric Forklift Lithium Battery Sales Volume, 2020-2031
  • 6.3 United States
    • 6.3.1 United States Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.3.2 United States Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.3.3 United States Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.4 Europe
    • 6.4.1 Europe Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.4.2 Europe Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.4.3 Europe Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.5 China
    • 6.5.1 China Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.5.2 China Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.5.3 China Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.6 Japan
    • 6.6.1 Japan Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.6.2 Japan Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.6.3 Japan Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.7 South Korea
    • 6.7.1 South Korea Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.7.2 South Korea Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.7.3 South Korea Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.8 Southeast Asia
    • 6.8.1 Southeast Asia Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.8.2 Southeast Asia Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.8.3 Southeast Asia Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031
  • 6.9 India
    • 6.9.1 India Electric Forklift Lithium Battery Sales Value, 2020-2031
    • 6.9.2 India Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
    • 6.9.3 India Electric Forklift Lithium Battery Sales Value by Application, 2024 VS 2031

7 Company Profiles

  • 7.1 EnerSys
    • 7.1.1 EnerSys Company Information
    • 7.1.2 EnerSys Introduction and Business Overview
    • 7.1.3 EnerSys Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.1.4 EnerSys Electric Forklift Lithium Battery Product Offerings
    • 7.1.5 EnerSys Recent Development
  • 7.2 GS Yuasa
    • 7.2.1 GS Yuasa Company Information
    • 7.2.2 GS Yuasa Introduction and Business Overview
    • 7.2.3 GS Yuasa Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.2.4 GS Yuasa Electric Forklift Lithium Battery Product Offerings
    • 7.2.5 GS Yuasa Recent Development
  • 7.3 Hoppecke
    • 7.3.1 Hoppecke Company Information
    • 7.3.2 Hoppecke Introduction and Business Overview
    • 7.3.3 Hoppecke Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.3.4 Hoppecke Electric Forklift Lithium Battery Product Offerings
    • 7.3.5 Hoppecke Recent Development
  • 7.4 Crown Equipment
    • 7.4.1 Crown Equipment Company Information
    • 7.4.2 Crown Equipment Introduction and Business Overview
    • 7.4.3 Crown Equipment Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.4.4 Crown Equipment Electric Forklift Lithium Battery Product Offerings
    • 7.4.5 Crown Equipment Recent Development
  • 7.5 East Penn Manufacturing
    • 7.5.1 East Penn Manufacturing Company Information
    • 7.5.2 East Penn Manufacturing Introduction and Business Overview
    • 7.5.3 East Penn Manufacturing Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.5.4 East Penn Manufacturing Electric Forklift Lithium Battery Product Offerings
    • 7.5.5 East Penn Manufacturing Recent Development
  • 7.6 MIDAC
    • 7.6.1 MIDAC Company Information
    • 7.6.2 MIDAC Introduction and Business Overview
    • 7.6.3 MIDAC Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.6.4 MIDAC Electric Forklift Lithium Battery Product Offerings
    • 7.6.5 MIDAC Recent Development
  • 7.7 FAAM (Seri Industrial)
    • 7.7.1 FAAM (Seri Industrial) Company Information
    • 7.7.2 FAAM (Seri Industrial) Introduction and Business Overview
    • 7.7.3 FAAM (Seri Industrial) Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.7.4 FAAM (Seri Industrial) Electric Forklift Lithium Battery Product Offerings
    • 7.7.5 FAAM (Seri Industrial) Recent Development
  • 7.8 Sunlight
    • 7.8.1 Sunlight Company Information
    • 7.8.2 Sunlight Introduction and Business Overview
    • 7.8.3 Sunlight Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.8.4 Sunlight Electric Forklift Lithium Battery Product Offerings
    • 7.8.5 Sunlight Recent Development
  • 7.9 Saft
    • 7.9.1 Saft Company Information
    • 7.9.2 Saft Introduction and Business Overview
    • 7.9.3 Saft Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.9.4 Saft Electric Forklift Lithium Battery Product Offerings
    • 7.9.5 Saft Recent Development
  • 7.10 Flux Power
    • 7.10.1 Flux Power Company Information
    • 7.10.2 Flux Power Introduction and Business Overview
    • 7.10.3 Flux Power Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.10.4 Flux Power Electric Forklift Lithium Battery Product Offerings
    • 7.10.5 Flux Power Recent Development
  • 7.11 Electrovaya
    • 7.11.1 Electrovaya Company Information
    • 7.11.2 Electrovaya Introduction and Business Overview
    • 7.11.3 Electrovaya Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.11.4 Electrovaya Electric Forklift Lithium Battery Product Offerings
    • 7.11.5 Electrovaya Recent Development
  • 7.12 Crown Battery
    • 7.12.1 Crown Battery Company Information
    • 7.12.2 Crown Battery Introduction and Business Overview
    • 7.12.3 Crown Battery Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.12.4 Crown Battery Electric Forklift Lithium Battery Product Offerings
    • 7.12.5 Crown Battery Recent Development
  • 7.13 Tianneng Battery Group
    • 7.13.1 Tianneng Battery Group Company Information
    • 7.13.2 Tianneng Battery Group Introduction and Business Overview
    • 7.13.3 Tianneng Battery Group Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.13.4 Tianneng Battery Group Electric Forklift Lithium Battery Product Offerings
    • 7.13.5 Tianneng Battery Group Recent Development
  • 7.14 LEOCH
    • 7.14.1 LEOCH Company Information
    • 7.14.2 LEOCH Introduction and Business Overview
    • 7.14.3 LEOCH Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.14.4 LEOCH Electric Forklift Lithium Battery Product Offerings
    • 7.14.5 LEOCH Recent Development
  • 7.15 EIKTO
    • 7.15.1 EIKTO Company Information
    • 7.15.2 EIKTO Introduction and Business Overview
    • 7.15.3 EIKTO Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.15.4 EIKTO Electric Forklift Lithium Battery Product Offerings
    • 7.15.5 EIKTO Recent Development
  • 7.16 Camel Group
    • 7.16.1 Camel Group Company Information
    • 7.16.2 Camel Group Introduction and Business Overview
    • 7.16.3 Camel Group Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.16.4 Camel Group Electric Forklift Lithium Battery Product Offerings
    • 7.16.5 Camel Group Recent Development
  • 7.17 Shandong Sacred Sun Power Sources
    • 7.17.1 Shandong Sacred Sun Power Sources Company Information
    • 7.17.2 Shandong Sacred Sun Power Sources Introduction and Business Overview
    • 7.17.3 Shandong Sacred Sun Power Sources Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.17.4 Shandong Sacred Sun Power Sources Electric Forklift Lithium Battery Product Offerings
    • 7.17.5 Shandong Sacred Sun Power Sources Recent Development
  • 7.18 Aokly Group
    • 7.18.1 Aokly Group Company Information
    • 7.18.2 Aokly Group Introduction and Business Overview
    • 7.18.3 Aokly Group Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.18.4 Aokly Group Electric Forklift Lithium Battery Product Offerings
    • 7.18.5 Aokly Group Recent Development
  • 7.19 Zibo Torch Energy
    • 7.19.1 Zibo Torch Energy Company Information
    • 7.19.2 Zibo Torch Energy Introduction and Business Overview
    • 7.19.3 Zibo Torch Energy Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.19.4 Zibo Torch Energy Electric Forklift Lithium Battery Product Offerings
    • 7.19.5 Zibo Torch Energy Recent Development
  • 7.20 BSLBATT
    • 7.20.1 BSLBATT Company Information
    • 7.20.2 BSLBATT Introduction and Business Overview
    • 7.20.3 BSLBATT Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.20.4 BSLBATT Electric Forklift Lithium Battery Product Offerings
    • 7.20.5 BSLBATT Recent Development
  • 7.21 Jiangsu Frey New Energy
    • 7.21.1 Jiangsu Frey New Energy Company Information
    • 7.21.2 Jiangsu Frey New Energy Introduction and Business Overview
    • 7.21.3 Jiangsu Frey New Energy Electric Forklift Lithium Battery Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.21.4 Jiangsu Frey New Energy Electric Forklift Lithium Battery Product Offerings
    • 7.21.5 Jiangsu Frey New Energy Recent Development

8 Industry Chain Analysis

  • 8.1 Electric Forklift Lithium Battery Industrial Chain
  • 8.2 Electric Forklift Lithium Battery Upstream Analysis
    • 8.2.1 Key Raw Materials
    • 8.2.2 Raw Materials Key Suppliers
    • 8.2.3 Manufacturing Cost Structure
  • 8.3 Midstream Analysis
  • 8.4 Downstream Analysis (Customers Analysis)
  • 8.5 Sales Model and Sales Channels
    • 8.5.1 Electric Forklift Lithium Battery Sales Model
    • 8.5.2 Sales Channel
    • 8.5.3 Electric Forklift Lithium Battery Distributors

9 Research Findings and Conclusion

10 Appendix

  • 10.1 Research Methodology
    • 10.1.1 Methodology/Research Approach
      • 10.1.1.1 Research Programs/Design
      • 10.1.1.2 Market Size Estimation
      • 10.1.1.3 Market Breakdown and Data Triangulation
    • 10.1.2 Data Source
      • 10.1.2.1 Secondary Sources
      • 10.1.2.2 Primary Sources
  • 10.2 Author Details
  • 10.3 Disclaimer

List of Tables

  • Table 1. Electric Forklift Lithium Battery Market Trends
  • Table 2. Electric Forklift Lithium Battery Market Drivers & Opportunity
  • Table 3. Electric Forklift Lithium Battery Market Challenges
  • Table 4. Electric Forklift Lithium Battery Market Restraints
  • Table 5. Global Electric Forklift Lithium Battery Revenue by Company (2020-2025) & (US$ Million)
  • Table 6. Global Electric Forklift Lithium Battery Revenue Market Share by Company (2020-2025)
  • Table 7. Global Electric Forklift Lithium Battery Sales Volume by Company (2020-2025) & (MWh)
  • Table 8. Global Electric Forklift Lithium Battery Sales Volume Market Share by Company (2020-2025)
  • Table 9. Global Market Electric Forklift Lithium Battery Price by Company (2020-2025) & (USD/kWh)
  • Table 10. Key Manufacturers Electric Forklift Lithium Battery Manufacturing Base and Headquarters
  • Table 11. Key Manufacturers Electric Forklift Lithium Battery Product Type
  • Table 12. Key Manufacturers Time to Begin Mass Production of Electric Forklift Lithium Battery
  • Table 13. Global Electric Forklift Lithium Battery Manufacturers Market Concentration Ratio (CR5 and HHI)
  • Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Forklift Lithium Battery as of 2024)
  • Table 15. Mergers & Acquisitions, Expansion Plans
  • Table 16. Global Electric Forklift Lithium Battery Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 17. Global Electric Forklift Lithium Battery Sales Value by Type (2020-2025) & (US$ Million)
  • Table 18. Global Electric Forklift Lithium Battery Sales Value by Type (2026-2031) & (US$ Million)
  • Table 19. Global Electric Forklift Lithium Battery Sales Market Share in Value by Type (2020-2025)
  • Table 20. Global Electric Forklift Lithium Battery Sales Market Share in Value by Type (2026-2031)
  • Table 21. Global Electric Forklift Lithium Battery Sales Volume by Type: 2020 VS 2024 VS 2031 (MWh)
  • Table 22. Global Electric Forklift Lithium Battery Sales Volume by Type (2020-2025) & (MWh)
  • Table 23. Global Electric Forklift Lithium Battery Sales Volume by Type (2026-2031) & (MWh)
  • Table 24. Global Electric Forklift Lithium Battery Sales Market Share in Volume by Type (2020-2025)
  • Table 25. Global Electric Forklift Lithium Battery Sales Market Share in Volume by Type (2026-2031)
  • Table 26. Global Electric Forklift Lithium Battery Price by Type (2020-2025) & (USD/kWh)
  • Table 27. Global Electric Forklift Lithium Battery Price by Type (2026-2031) & (USD/kWh)
  • Table 28. Global Electric Forklift Lithium Battery Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 29. Global Electric Forklift Lithium Battery Sales Value by Application (2020-2025) & (US$ Million)
  • Table 30. Global Electric Forklift Lithium Battery Sales Value by Application (2026-2031) & (US$ Million)
  • Table 31. Global Electric Forklift Lithium Battery Sales Market Share in Value by Application (2020-2025)
  • Table 32. Global Electric Forklift Lithium Battery Sales Market Share in Value by Application (2026-2031)
  • Table 33. Global Electric Forklift Lithium Battery Sales Volume by Application: 2020 VS 2024 VS 2031 (MWh)
  • Table 34. Global Electric Forklift Lithium Battery Sales Volume by Application (2020-2025) & (MWh)
  • Table 35. Global Electric Forklift Lithium Battery Sales Volume by Application (2026-2031) & (MWh)
  • Table 36. Global Electric Forklift Lithium Battery Sales Market Share in Volume by Application (2020-2025)
  • Table 37. Global Electric Forklift Lithium Battery Sales Market Share in Volume by Application (2026-2031)
  • Table 38. Global Electric Forklift Lithium Battery Price by Application (2020-2025) & (USD/kWh)
  • Table 39. Global Electric Forklift Lithium Battery Price by Application (2026-2031) & (USD/kWh)
  • Table 40. Global Electric Forklift Lithium Battery Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
  • Table 41. Global Electric Forklift Lithium Battery Sales Value by Region (2020-2025) & (US$ Million)
  • Table 42. Global Electric Forklift Lithium Battery Sales Value by Region (2026-2031) & (US$ Million)
  • Table 43. Global Electric Forklift Lithium Battery Sales Value by Region (2020-2025) & (%)
  • Table 44. Global Electric Forklift Lithium Battery Sales Value by Region (2026-2031) & (%)
  • Table 45. Global Electric Forklift Lithium Battery Sales Volume by Region (MWh): 2020 VS 2024 VS 2031
  • Table 46. Global Electric Forklift Lithium Battery Sales Volume by Region (2020-2025) & (MWh)
  • Table 47. Global Electric Forklift Lithium Battery Sales Volume by Region (2026-2031) & (MWh)
  • Table 48. Global Electric Forklift Lithium Battery Sales Volume by Region (2020-2025) & (%)
  • Table 49. Global Electric Forklift Lithium Battery Sales Volume by Region (2026-2031) & (%)
  • Table 50. Global Electric Forklift Lithium Battery Average Price by Region (2020-2025) & (USD/kWh)
  • Table 51. Global Electric Forklift Lithium Battery Average Price by Region (2026-2031) & (USD/kWh)
  • Table 52. Key Countries/Regions Electric Forklift Lithium Battery Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
  • Table 53. Key Countries/Regions Electric Forklift Lithium Battery Sales Value, (2020-2025) & (US$ Million)
  • Table 54. Key Countries/Regions Electric Forklift Lithium Battery Sales Value, (2026-2031) & (US$ Million)
  • Table 55. Key Countries/Regions Electric Forklift Lithium Battery Sales Volume, (2020-2025) & (MWh)
  • Table 56. Key Countries/Regions Electric Forklift Lithium Battery Sales Volume, (2026-2031) & (MWh)
  • Table 57. EnerSys Company Information
  • Table 58. EnerSys Introduction and Business Overview
  • Table 59. EnerSys Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 60. EnerSys Electric Forklift Lithium Battery Product Offerings
  • Table 61. EnerSys Recent Development
  • Table 62. GS Yuasa Company Information
  • Table 63. GS Yuasa Introduction and Business Overview
  • Table 64. GS Yuasa Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 65. GS Yuasa Electric Forklift Lithium Battery Product Offerings
  • Table 66. GS Yuasa Recent Development
  • Table 67. Hoppecke Company Information
  • Table 68. Hoppecke Introduction and Business Overview
  • Table 69. Hoppecke Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 70. Hoppecke Electric Forklift Lithium Battery Product Offerings
  • Table 71. Hoppecke Recent Development
  • Table 72. Crown Equipment Company Information
  • Table 73. Crown Equipment Introduction and Business Overview
  • Table 74. Crown Equipment Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 75. Crown Equipment Electric Forklift Lithium Battery Product Offerings
  • Table 76. Crown Equipment Recent Development
  • Table 77. East Penn Manufacturing Company Information
  • Table 78. East Penn Manufacturing Introduction and Business Overview
  • Table 79. East Penn Manufacturing Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 80. East Penn Manufacturing Electric Forklift Lithium Battery Product Offerings
  • Table 81. East Penn Manufacturing Recent Development
  • Table 82. MIDAC Company Information
  • Table 83. MIDAC Introduction and Business Overview
  • Table 84. MIDAC Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 85. MIDAC Electric Forklift Lithium Battery Product Offerings
  • Table 86. MIDAC Recent Development
  • Table 87. FAAM (Seri Industrial) Company Information
  • Table 88. FAAM (Seri Industrial) Introduction and Business Overview
  • Table 89. FAAM (Seri Industrial) Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 90. FAAM (Seri Industrial) Electric Forklift Lithium Battery Product Offerings
  • Table 91. FAAM (Seri Industrial) Recent Development
  • Table 92. Sunlight Company Information
  • Table 93. Sunlight Introduction and Business Overview
  • Table 94. Sunlight Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 95. Sunlight Electric Forklift Lithium Battery Product Offerings
  • Table 96. Sunlight Recent Development
  • Table 97. Saft Company Information
  • Table 98. Saft Introduction and Business Overview
  • Table 99. Saft Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 100. Saft Electric Forklift Lithium Battery Product Offerings
  • Table 101. Saft Recent Development
  • Table 102. Flux Power Company Information
  • Table 103. Flux Power Introduction and Business Overview
  • Table 104. Flux Power Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 105. Flux Power Electric Forklift Lithium Battery Product Offerings
  • Table 106. Flux Power Recent Development
  • Table 107. Electrovaya Company Information
  • Table 108. Electrovaya Introduction and Business Overview
  • Table 109. Electrovaya Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 110. Electrovaya Electric Forklift Lithium Battery Product Offerings
  • Table 111. Electrovaya Recent Development
  • Table 112. Crown Battery Company Information
  • Table 113. Crown Battery Introduction and Business Overview
  • Table 114. Crown Battery Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 115. Crown Battery Electric Forklift Lithium Battery Product Offerings
  • Table 116. Crown Battery Recent Development
  • Table 117. Tianneng Battery Group Company Information
  • Table 118. Tianneng Battery Group Introduction and Business Overview
  • Table 119. Tianneng Battery Group Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 120. Tianneng Battery Group Electric Forklift Lithium Battery Product Offerings
  • Table 121. Tianneng Battery Group Recent Development
  • Table 122. LEOCH Company Information
  • Table 123. LEOCH Introduction and Business Overview
  • Table 124. LEOCH Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 125. LEOCH Electric Forklift Lithium Battery Product Offerings
  • Table 126. LEOCH Recent Development
  • Table 127. EIKTO Company Information
  • Table 128. EIKTO Introduction and Business Overview
  • Table 129. EIKTO Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 130. EIKTO Electric Forklift Lithium Battery Product Offerings
  • Table 131. EIKTO Recent Development
  • Table 132. Camel Group Company Information
  • Table 133. Camel Group Introduction and Business Overview
  • Table 134. Camel Group Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 135. Camel Group Electric Forklift Lithium Battery Product Offerings
  • Table 136. Camel Group Recent Development
  • Table 137. Shandong Sacred Sun Power Sources Company Information
  • Table 138. Shandong Sacred Sun Power Sources Introduction and Business Overview
  • Table 139. Shandong Sacred Sun Power Sources Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 140. Shandong Sacred Sun Power Sources Electric Forklift Lithium Battery Product Offerings
  • Table 141. Shandong Sacred Sun Power Sources Recent Development
  • Table 142. Aokly Group Company Information
  • Table 143. Aokly Group Introduction and Business Overview
  • Table 144. Aokly Group Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 145. Aokly Group Electric Forklift Lithium Battery Product Offerings
  • Table 146. Aokly Group Recent Development
  • Table 147. Zibo Torch Energy Company Information
  • Table 148. Zibo Torch Energy Introduction and Business Overview
  • Table 149. Zibo Torch Energy Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 150. Zibo Torch Energy Electric Forklift Lithium Battery Product Offerings
  • Table 151. Zibo Torch Energy Recent Development
  • Table 152. BSLBATT Company Information
  • Table 153. BSLBATT Introduction and Business Overview
  • Table 154. BSLBATT Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 155. BSLBATT Electric Forklift Lithium Battery Product Offerings
  • Table 156. BSLBATT Recent Development
  • Table 157. Jiangsu Frey New Energy Company Information
  • Table 158. Jiangsu Frey New Energy Introduction and Business Overview
  • Table 159. Jiangsu Frey New Energy Electric Forklift Lithium Battery Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
  • Table 160. Jiangsu Frey New Energy Electric Forklift Lithium Battery Product Offerings
  • Table 161. Jiangsu Frey New Energy Recent Development
  • Table 162. Key Raw Materials Lists
  • Table 163. Raw Materials Key Suppliers Lists
  • Table 164. Electric Forklift Lithium Battery Downstream Customers
  • Table 165. Electric Forklift Lithium Battery Distributors List
  • Table 166. Research Programs/Design for This Report
  • Table 167. Key Data Information from Secondary Sources
  • Table 168. Key Data Information from Primary Sources

List of Figures

  • Figure 1. Electric Forklift Lithium Battery Product Picture
  • Figure 2. Global Electric Forklift Lithium Battery Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
  • Figure 3. Global Electric Forklift Lithium Battery Sales Value (2020-2031) & (US$ Million)
  • Figure 4. Global Electric Forklift Lithium Battery Sales Volume (2020-2031) & (MWh)
  • Figure 5. Global Electric Forklift Lithium Battery Sales Price (2020-2031) & (USD/kWh)
  • Figure 6. Electric Forklift Lithium Battery Report Years Considered
  • Figure 7. Global Electric Forklift Lithium Battery Players Revenue Ranking (2024) & (US$ Million)
  • Figure 8. Global Electric Forklift Lithium Battery Players Sales Volume Ranking (2024) & (MWh)
  • Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Electric Forklift Lithium Battery Revenue in 2024
  • Figure 10. Electric Forklift Lithium Battery Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
  • Figure 11. LiFePO4 Battery Picture
  • Figure 12. Others Picture
  • Figure 13. Global Electric Forklift Lithium Battery Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 14. Global Electric Forklift Lithium Battery Sales Value Market Share by Type, 2024 & 2031
  • Figure 15. Global Electric Forklift Lithium Battery Sales Volume by Type (2020 VS 2024 VS 2031) & (MWh)
  • Figure 16. Global Electric Forklift Lithium Battery Sales Volume Market Share by Type, 2024 & 2031
  • Figure 17. Global Electric Forklift Lithium Battery Price by Type (2020-2031) & (USD/kWh)
  • Figure 18. Product Picture of Class I Electric Forklift
  • Figure 19. Product Picture of Class II Electric Forklift
  • Figure 20. Product Picture of Class III Electric Forklift
  • Figure 21. Global Electric Forklift Lithium Battery Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 22. Global Electric Forklift Lithium Battery Sales Value Market Share by Application, 2024 & 2031
  • Figure 23. Global Electric Forklift Lithium Battery Sales Volume by Application (2020 VS 2024 VS 2031) & (MWh)
  • Figure 24. Global Electric Forklift Lithium Battery Sales Volume Market Share by Application, 2024 & 2031
  • Figure 25. Global Electric Forklift Lithium Battery Price by Application (2020-2031) & (USD/kWh)
  • Figure 26. North America Electric Forklift Lithium Battery Sales Value (2020-2031) & (US$ Million)
  • Figure 27. North America Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • Figure 28. Europe Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 29. Europe Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • Figure 30. Asia Pacific Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 31. Asia Pacific Electric Forklift Lithium Battery Sales Value by Region (%), 2024 VS 2031
  • Figure 32. South America Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 33. South America Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • Figure 34. Middle East & Africa Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 35. Middle East & Africa Electric Forklift Lithium Battery Sales Value by Country (%), 2024 VS 2031
  • Figure 36. Key Countries/Regions Electric Forklift Lithium Battery Sales Value (%), (2020-2031)
  • Figure 37. Key Countries/Regions Electric Forklift Lithium Battery Sales Volume (%), (2020-2031)
  • Figure 38. United States Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 39. United States Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 40. United States Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 41. Europe Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 42. Europe Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 43. Europe Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 44. China Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 45. China Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 46. China Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 47. Japan Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 48. Japan Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 49. Japan Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 50. South Korea Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 51. South Korea Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 52. South Korea Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 53. Southeast Asia Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 54. Southeast Asia Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 55. Southeast Asia Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 56. India Electric Forklift Lithium Battery Sales Value, (2020-2031) & (US$ Million)
  • Figure 57. India Electric Forklift Lithium Battery Sales Value by Type (%), 2024 VS 2031
  • Figure 58. India Electric Forklift Lithium Battery Sales Value by Application (%), 2024 VS 2031
  • Figure 59. Electric Forklift Lithium Battery Industrial Chain
  • Figure 60. Electric Forklift Lithium Battery Manufacturing Cost Structure
  • Figure 61. Channels of Distribution (Direct Sales, and Distribution)
  • Figure 62. Bottom-up and Top-down Approaches for This Report
  • Figure 63. Data Triangulation
  • Figure 64. Key Executives Interviewed
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