The Electric Forklift Market size was estimated at US$ 39.19 Billion in 2022 it is predicted to grow at a CAGR of 14.95% from 2023 to 2032 to reach around US$ 157.86 Billion by the end of 2032.
The Electric Forklift Market report offers an exclusive study of the present state expected at the market dynamics, opportunities, market scheme, growth analysis and regional outlook. The report presents energetic visions to conclude and study the market size, market aspiration, and competitive environment. The research also focuses on the important achievements of the market, research & development, and regional (country by country) growth of the leading vendors operating in the market
The study offers intricate dynamics about different aspects of the global Electric Forklift Market, which aids companies operating in the market in making strategies development decisions. The study also elaborates on remarkable changes that are highly anticipated to configure growth of the global Electric Forklift Market during the forecast period. It also includes a key indicator analysis that highlights growth prospects of this market and approximate statistics related to growth of the market in terms of value (US$ Bn) and volume (tons).
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Report Scope of the Electric Forklift Market
| Report Coverage | Details |
| Revenue Share of Europe in 2022 | 26% |
| Revenue Forecast by 2032 | USD 157.86 million |
| Growth Rate from 2023 to 2032 | CAGR of 14.95% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Companies Covered | Anhui Heli Co., Ltd.; Clark; Crown Equipment Corporation; Hangcha Group Co., Ltd; Hyster-Yale Materials Handling, Inc.; Jungheinrich AG; KION Group AG; Komatsu Ltd.; Doosan Industrial Vehicles Co. Ltd; Crown Equipment Corp. |
This study covers an elaborate segmentation of the global Electric Forklift Market, along with important information and a competition outlook. The report mentions company profiles of players that are currently influence the global Electric Forklift Market, wherein various developments, expansions, and winning strategies practiced and execute by leading players have been presented in detail.
Key Players
Anhui Heli Co., Ltd.; Clark; Crown Equipment Corporation; Hangcha Group Co., Ltd; Hyster-Yale Materials Handling, Inc.; Jungheinrich AG; KION Group AG; Komatsu Ltd.; Doosan Industrial Vehicles Co. Ltd; Crown Equipment Corp.
Market Segmentation
By Product
- Counterbalanced
- Pallet Trucks
- Reach Trucks
- Pallet Stackers
- Others
By Battery Type
- Lithium-Ion
- Others
By End use
- Chemical
- Food & Beverage
- Industrial
- Logistics
- Retail & E-Commerce
- Others
By Regional
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Research Methodology
The research methodology acquire by analysts for assemble the global Electric Forklift Market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts study numerous annual report declaration, white papers, market association declaration, and company websites to obtain the necessary understanding of the global Electric Forklift Market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Product Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electric Forklift Market
5.1. COVID-19 Landscape: Electric Forklift Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electric Forklift Market, By Product
8.1. Electric Forklift Market, by Product, 2023-2032
8.1.1 Counterbalanced
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Pallet Trucks
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Reach Trucks
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Pallet Stackers
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Electric Forklift Market, By Battery Type
9.1. Electric Forklift Market, by Battery Type, 2023-2032
9.1.1. Lithium-Ion
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Others
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Small & Medium Enterprises
Chapter 10. Global Electric Forklift Market, By End use
10.1. Electric Forklift Market, by End use, 2023-2032
10.1.1. Chemical
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Food & Beverage
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Industrial
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Logistics
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Retail & E-Commerce
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Electric Forklift Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.1.3. Market Revenue and Forecast, by End use (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End use (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.2.3. Market Revenue and Forecast, by End use (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End use (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End use (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End use (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.3.3. Market Revenue and Forecast, by End use (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End use (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End use (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End use (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End use (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End use (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End use (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.5.3. Market Revenue and Forecast, by End use (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End use (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Battery Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End use (2020-2032)
Chapter 12. Company Profiles
12.1. Anhui Heli Co., Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Clark.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Crown Equipment Corporation.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Hangcha Group Co., Ltd.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Hyster-Yale Materials Handling, Inc
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Jungheinrich AG
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. KION Group AG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Komatsu Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Doosan Industrial Vehicles Co. Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Crown Equipment Corp.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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