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Global Electric Forklift Market Research Report 2024
Synopsis
Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.
Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
The global Electric Forklift market was valued at US$ 21120 million in 2023 and is anticipated to reach US$ 31910 million by 2030, witnessing a CAGR of 6.0% during the forecast period 2024-2030.
The major players in global Electric Forklift market include Toyota, Kion, Jungheinrich, etc. The top 3 players occupy about 40% shares of the global market. Europe is the main market, and occupies about 50% of the global market. Electric walk-in warehouse forklift is the main type, with a share about 60%. Warehouses is the main application, which holds a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Electric Forklift, 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.
Report Scope
The Electric Forklift market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Forklift market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Forklift manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Hyster-Yale
Crown Equipment
Anhui Heli
Hangcha
Doosan Corporation Industrial Vehicle
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
Lonking
EP Equipment
Hubtex Maschinenbau
Paletrans Equipment
Godrej & Boyce
Segment by Type
Electric counterbalanced forklift
Electric ride-type warehouse forklift
Electric walk-in warehouse forklift
Segment by Application
Warehouses
Factories
Distribution Centers
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Forklift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Forklift by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Forklift in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.
Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
The global Electric Forklift market was valued at US$ 21120 million in 2023 and is anticipated to reach US$ 31910 million by 2030, witnessing a CAGR of 6.0% during the forecast period 2024-2030.
The major players in global Electric Forklift market include Toyota, Kion, Jungheinrich, etc. The top 3 players occupy about 40% shares of the global market. Europe is the main market, and occupies about 50% of the global market. Electric walk-in warehouse forklift is the main type, with a share about 60%. Warehouses is the main application, which holds a share about 50%.
This report aims to provide a comprehensive presentation of the global market for Electric Forklift, 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.
Report Scope
The Electric Forklift market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Forklift market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Forklift manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Hyster-Yale
Crown Equipment
Anhui Heli
Hangcha
Doosan Corporation Industrial Vehicle
Clark Material Handling
Komatsu
Hyundai Heavy Industries
Combilift
Lonking
EP Equipment
Hubtex Maschinenbau
Paletrans Equipment
Godrej & Boyce
Segment by Type
Electric counterbalanced forklift
Electric ride-type warehouse forklift
Electric walk-in warehouse forklift
Segment by Application
Warehouses
Factories
Distribution Centers
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Forklift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Forklift by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Forklift in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Index1 Electric Forklift Market Overview
1.1 Product Definition
1.2 Electric Forklift Segment by Type
1.2.1 Global Electric Forklift Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electric counterbalanced forklift
1.2.3 Electric ride-type warehouse forklift
1.2.4 Electric walk-in warehouse forklift
1.3 Electric Forklift Segment by Application
1.3.1 Global Electric Forklift Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Warehouses
1.3.3 Factories
1.3.4 Distribution Centers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electric Forklift Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Forklift Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Forklift Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Forklift Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Forklift Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Forklift Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Forklift, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Forklift Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Forklift Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Forklift, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Forklift, Product Offered and Application
2.8 Global Key Manufacturers of Electric Forklift, Date of Enter into This Industry
2.9 Electric Forklift Market Competitive Situation and Trends
2.9.1 Electric Forklift Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Forklift Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Forklift Production by Region
3.1 Global Electric Forklift Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Forklift Production Value by Region (2019-2030)
3.2.1 Global Electric Forklift Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Forklift by Region (2025-2030)
3.3 Global Electric Forklift Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Forklift Production by Region (2019-2030)
3.4.1 Global Electric Forklift Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Forklift by Region (2025-2030)
3.5 Global Electric Forklift Market Price Analysis by Region (2019-2024)
3.6 Global Electric Forklift Production and Value, Year-over-Year Growth
3.6.1 North America Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Electric Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.7 Latin America Electric Forklift Production Value Estimates and Forecasts (2019-2030)
4 Electric Forklift Consumption by Region
4.1 Global Electric Forklift Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Forklift Consumption by Region (2019-2030)
4.2.1 Global Electric Forklift Consumption by Region (2019-2024)
4.2.2 Global Electric Forklift Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Forklift Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Forklift Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Forklift Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Forklift Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Forklift Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Forklift Production by Type (2019-2030)
5.1.1 Global Electric Forklift Production by Type (2019-2024)
5.1.2 Global Electric Forklift Production by Type (2025-2030)
5.1.3 Global Electric Forklift Production Market Share by Type (2019-2030)
5.2 Global Electric Forklift Production Value by Type (2019-2030)
5.2.1 Global Electric Forklift Production Value by Type (2019-2024)
5.2.2 Global Electric Forklift Production Value by Type (2025-2030)
5.2.3 Global Electric Forklift Production Value Market Share by Type (2019-2030)
5.3 Global Electric Forklift Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Forklift Production by Application (2019-2030)
6.1.1 Global Electric Forklift Production by Application (2019-2024)
6.1.2 Global Electric Forklift Production by Application (2025-2030)
6.1.3 Global Electric Forklift Production Market Share by Application (2019-2030)
6.2 Global Electric Forklift Production Value by Application (2019-2030)
6.2.1 Global Electric Forklift Production Value by Application (2019-2024)
6.2.2 Global Electric Forklift Production Value by Application (2025-2030)
6.2.3 Global Electric Forklift Production Value Market Share by Application (2019-2030)
6.3 Global Electric Forklift Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Toyota
7.1.1 Toyota Electric Forklift Corporation Information
7.1.2 Toyota Electric Forklift Product Portfolio
7.1.3 Toyota Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Toyota Main Business and Markets Served
7.1.5 Toyota Recent Developments/Updates
7.2 Kion
7.2.1 Kion Electric Forklift Corporation Information
7.2.2 Kion Electric Forklift Product Portfolio
7.2.3 Kion Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Kion Main Business and Markets Served
7.2.5 Kion Recent Developments/Updates
7.3 Jungheinrich
7.3.1 Jungheinrich Electric Forklift Corporation Information
7.3.2 Jungheinrich Electric Forklift Product Portfolio
7.3.3 Jungheinrich Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Jungheinrich Main Business and Markets Served
7.3.5 Jungheinrich Recent Developments/Updates
7.4 Mitsubishi Logisnext
7.4.1 Mitsubishi Logisnext Electric Forklift Corporation Information
7.4.2 Mitsubishi Logisnext Electric Forklift Product Portfolio
7.4.3 Mitsubishi Logisnext Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Logisnext Main Business and Markets Served
7.4.5 Mitsubishi Logisnext Recent Developments/Updates
7.5 Hyster-Yale
7.5.1 Hyster-Yale Electric Forklift Corporation Information
7.5.2 Hyster-Yale Electric Forklift Product Portfolio
7.5.3 Hyster-Yale Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hyster-Yale Main Business and Markets Served
7.5.5 Hyster-Yale Recent Developments/Updates
7.6 Crown Equipment
7.6.1 Crown Equipment Electric Forklift Corporation Information
7.6.2 Crown Equipment Electric Forklift Product Portfolio
7.6.3 Crown Equipment Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Crown Equipment Main Business and Markets Served
7.6.5 Crown Equipment Recent Developments/Updates
7.7 Anhui Heli
7.7.1 Anhui Heli Electric Forklift Corporation Information
7.7.2 Anhui Heli Electric Forklift Product Portfolio
7.7.3 Anhui Heli Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Anhui Heli Main Business and Markets Served
7.7.5 Anhui Heli Recent Developments/Updates
7.8 Hangcha
7.8.1 Hangcha Electric Forklift Corporation Information
7.8.2 Hangcha Electric Forklift Product Portfolio
7.8.3 Hangcha Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hangcha Main Business and Markets Served
7.7.5 Hangcha Recent Developments/Updates
7.9 Doosan Corporation Industrial Vehicle
7.9.1 Doosan Corporation Industrial Vehicle Electric Forklift Corporation Information
7.9.2 Doosan Corporation Industrial Vehicle Electric Forklift Product Portfolio
7.9.3 Doosan Corporation Industrial Vehicle Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Doosan Corporation Industrial Vehicle Main Business and Markets Served
7.9.5 Doosan Corporation Industrial Vehicle Recent Developments/Updates
7.10 Clark Material Handling
7.10.1 Clark Material Handling Electric Forklift Corporation Information
7.10.2 Clark Material Handling Electric Forklift Product Portfolio
7.10.3 Clark Material Handling Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Clark Material Handling Main Business and Markets Served
7.10.5 Clark Material Handling Recent Developments/Updates
7.11 Komatsu
7.11.1 Komatsu Electric Forklift Corporation Information
7.11.2 Komatsu Electric Forklift Product Portfolio
7.11.3 Komatsu Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Komatsu Main Business and Markets Served
7.11.5 Komatsu Recent Developments/Updates
7.12 Hyundai Heavy Industries
7.12.1 Hyundai Heavy Industries Electric Forklift Corporation Information
7.12.2 Hyundai Heavy Industries Electric Forklift Product Portfolio
7.12.3 Hyundai Heavy Industries Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hyundai Heavy Industries Main Business and Markets Served
7.12.5 Hyundai Heavy Industries Recent Developments/Updates
7.13 Combilift
7.13.1 Combilift Electric Forklift Corporation Information
7.13.2 Combilift Electric Forklift Product Portfolio
7.13.3 Combilift Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Combilift Main Business and Markets Served
7.13.5 Combilift Recent Developments/Updates
7.14 Lonking
7.14.1 Lonking Electric Forklift Corporation Information
7.14.2 Lonking Electric Forklift Product Portfolio
7.14.3 Lonking Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Lonking Main Business and Markets Served
7.14.5 Lonking Recent Developments/Updates
7.15 EP Equipment
7.15.1 EP Equipment Electric Forklift Corporation Information
7.15.2 EP Equipment Electric Forklift Product Portfolio
7.15.3 EP Equipment Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.15.4 EP Equipment Main Business and Markets Served
7.15.5 EP Equipment Recent Developments/Updates
7.16 Hubtex Maschinenbau
7.16.1 Hubtex Maschinenbau Electric Forklift Corporation Information
7.16.2 Hubtex Maschinenbau Electric Forklift Product Portfolio
7.16.3 Hubtex Maschinenbau Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Hubtex Maschinenbau Main Business and Markets Served
7.16.5 Hubtex Maschinenbau Recent Developments/Updates
7.17 Paletrans Equipment
7.17.1 Paletrans Equipment Electric Forklift Corporation Information
7.17.2 Paletrans Equipment Electric Forklift Product Portfolio
7.17.3 Paletrans Equipment Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Paletrans Equipment Main Business and Markets Served
7.17.5 Paletrans Equipment Recent Developments/Updates
7.18 Godrej & Boyce
7.18.1 Godrej & Boyce Electric Forklift Corporation Information
7.18.2 Godrej & Boyce Electric Forklift Product Portfolio
7.18.3 Godrej & Boyce Electric Forklift Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Godrej & Boyce Main Business and Markets Served
7.18.5 Godrej & Boyce Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Forklift Industry Chain Analysis
8.2 Electric Forklift Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Forklift Production Mode & Process
8.4 Electric Forklift Sales and Marketing
8.4.1 Electric Forklift Sales Channels
8.4.2 Electric Forklift Distributors
8.5 Electric Forklift Customers
9 Electric Forklift Market Dynamics
9.1 Electric Forklift Industry Trends
9.2 Electric Forklift Market Drivers
9.3 Electric Forklift Market Challenges
9.4 Electric Forklift Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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