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Global Forklift Market Size study, by Class (Class 1, Class 2, Class 3 and Class 4/5), by Source (Internal Combustion Engine and Electric), and Regional Forecasts 2021-2027

October 2021 | 200 pages | ID: G7071DD9DA89EN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Forklift Market is valued approximately at USD 55.6 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 12.1% over the forecast period 2021-2027. Forklift trucks are powerful, heavy-duty electric lift trucks, that are widely used to lift and transfer heavy materials, such as crates, container goods, and other such components, over a short distance, such as in warehouses. Developments in e-commerce industry, such as growing sales, opening of fulfilment centers and others are fueling demand for forklift. In July 2020, Amazon India announced the establishment of 10 new fulfilment centers in the country along with expansion of its seven buildings. After this expansion, Amazon India will have over 60 fulfilment centres in 15 Indian states. Growth in manufacturing sector is leading towards adoption of automated machines and decreasing labor work, to reach better productivity. According to Statista, gross value added of the United Kingdom’s manufacturing sector was USD 235079 million in 2020, which is expected to reach USD 246967 million in 2021. Additionally, new product launches with better features are also growing the demand. In June 2020, Hyster-Yale Group Inc. launched a counterbalanced, sit-down, Class V forklift for customers seeking a practical and affordable solution. Furthermore, rapidly growing construction industry and technological advancements are expected to inject growth in the coming years. However, high maintenance cost and lack of trained operators may hinder the growth during forecast period.

Asia Pacific is leading the global market in terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, and is also expected to witness significant growth during forecast period. Rapidly growing manufacturing and construction industry coupled with growing demand on e-commerce platforms are pushing market further towards growth in Asia Pacific.
Major market player included in this report are:

Anhui Forklift Truck Group Co., Ltd.
Crown Equipment Corporation
Doosan Corporation
Hangcha
Hyster-Yale Materials Handling, Inc.
Jungheinrich AG
KION Group AG
Komatsu Ltd.
Mitsubishi Logisnext Co., Ltd.
Toyota Industries Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Class 1
Class 2
Class 3
Class 4/5
By Origin:
Internal Combustion Engine
Electric


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Forklift Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Forklift Market, by region, 2019-2027 (USD Billion)
  1.2.2. Forklift Market, by Class, 2019-2027 (USD Billion)
  1.2.3. Forklift Market, by Source, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL FORKLIFT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL FORKLIFT MARKET DYNAMICS

3.1. Forklift Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Developments in e-commerce industry
    3.1.1.2. Growing manufacturing sector
  3.1.2. Market Restraint
    3.1.2.1. Lack of trained operators
    3.1.2.2. High maintenance cost
  3.1.3. Market Opportunities
    3.1.3.1. Technological advancements
    3.1.3.2. Rising construction industry

CHAPTER 4. GLOBAL FORKLIFT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL FORKLIFT MARKET, BY CLASS

5.1. Market Snapshot
5.2. Global Forklift Market by Class, Performance - Potential Analysis
5.3. Global Forklift Market Estimates & Forecasts by Class 2018-2027 (USD Billion)
5.4. Forklift Market, Sub Segment Analysis
  5.4.1. Class
  5.4.2. Class
  5.4.3. Class
  5.4.4. Class 4/5

CHAPTER 6. GLOBAL FORKLIFT MARKET, BY SOURCE

a. Market Snapshot
6.1. Global Forklift Market by Source, Performance - Potential Analysis
6.2. Global Forklift Market Estimates & Forecasts by Source 2018-2027 (USD Billion)
6.3. Forklift Market, Sub Segment Analysis
  6.3.1. Internal Combustion Engine
  6.3.2. Electric

CHAPTER 7. GLOBAL FORKLIFT MARKET, REGIONAL ANALYSIS

7.1. Forklift Market, Regional Market Snapshot
7.2. North America Forklift Market
  7.2.1. U.S. Forklift Market
    7.2.1.1. Class breakdown estimates & forecasts, 2018-2027
    7.2.1.2. Source breakdown estimates & forecasts, 2018-2027
  7.2.2. Canada Forklift Market
7.3. Europe Forklift Market Snapshot
  7.3.1. U.K. Forklift Market
  7.3.2. Germany Forklift Market
  7.3.3. France Forklift Market
  7.3.4. Spain Forklift Market
  7.3.5. Italy Forklift Market
  7.3.6. Rest of Europe Forklift Market
7.4. Asia-Pacific Forklift Market Snapshot
  7.4.1. China Forklift Market
  7.4.2. India Forklift Market
  7.4.3. Japan Forklift Market
  7.4.4. Australia Forklift Market
  7.4.5. South Korea Forklift Market
  7.4.6. Rest of Asia Pacific Forklift Market
7.5. Latin America Forklift Market Snapshot
  7.5.1. Brazil Forklift Market
  7.5.2. Mexico Forklift Market
7.6. Rest of The World Forklift Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Top Market Strategies
8.2. Company Profiles
  8.2.1. Anhui Forklift Truck Group Co., Ltd.
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
  8.2.2. Crown Equipment Corporation
  8.2.3. Doosan Corporation
  8.2.4. Hangcha
  8.2.5. Hyster-Yale Materials Handling, Inc.
  8.2.6. Jungheinrich AG
  8.2.7. KION Group AG
  8.2.8. Komatsu Ltd.
  8.2.9. Mitsubishi Logisnext Co., Ltd.
  8.2.10. Toyota Industries Corporation

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption


LIST OF TABLES

TABLE 2. Global Forklift Market, report scope
TABLE 3. Global Forklift Market Estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Forklift Market Estimates & forecasts by Class 2018-2027 (USD Billion)
TABLE 5. Global Forklift Market Estimates & forecasts by Source 2018-2027 (USD Billion)
TABLE 6. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Forklift Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Forklift Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. U.S. Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. U.S. Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Canada Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Canada Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Canada Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. UK Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. UK Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. UK Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. Germany Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. Germany Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. Germany Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. France Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. France Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. France Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Spain Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Spain Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Spain Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Italy Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. Italy Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Italy Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. ROE Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. ROE Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. ROE Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. China Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. China Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. China Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. India Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. India Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. India Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Japan Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Japan Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Japan Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Australia Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 56. Australia Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. Australia Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. South Korea Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 59. South Korea Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 60. South Korea Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. ROPAC Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 62. ROPAC Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 63. ROPAC Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. Brazil Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 65. Brazil Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 66. Brazil Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Mexico Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 68. Mexico Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 69. Mexico Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. ROLA Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 71. ROLA Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 72. ROLA Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROW Forklift Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 74. ROW Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 75. ROW Forklift Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. List of secondary sources used in the study of global Forklift Market .
TABLE 77. List of primary sources used in the study of global Forklift Market .
TABLE 78. Years considered for the study.
TABLE 79. Exchange rates considered.


LIST OF FIGURES

FIG 1. Global Forklift Market, research methodology
FIG 2. Global Forklift Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Forklift Market, key trends 2020
FIG 5. Global Forklift Market, growth prospects 2021-2027
FIG 6. Global Forklift Market, porters 5 force model
FIG 7. Global Forklift Market, pest analysis
FIG 8. Global Forklift Market, value chain analysis
FIG 9. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 10. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 11. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 12. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 13. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 14. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 15. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 16. Global Forklift Market bysegment, 2018 & 2027 (USD Billion)
FIG 17. Global Forklift Market, regional snapshot 2018 & 2027
FIG 18. North America Forklift Market 2018 & 2027 (USD Billion)
FIG 19. Europe Forklift Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Forklift Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Forklift Market 2018 & 2027 (USD Billion)
FIG 22. Global Forklift Market, company market share analysis (2020)


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