U.S. markets open in 6 hours 1 minute

Global Forklift Market Growth Opportunities, 2019-2025 - Growing Online Shopping Trend, Need to Improve Warehouse Efficiencies, Drives Investments

DUBLIN, March 10, 2020 /PRNewswire/ -- The "Forklift - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

Forklift market worldwide is projected to grow by US$3.9 Billion, driven by a compounded growth of 2.6%.

Diesel, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$13 Billion by the year 2025, Diesel will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$167.8 Million to the region's size and clout in the next 5 to 6 years. Over US$102.8 Million worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Diesel will reach a market size of US$839.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.8% over the next couple of years and add approximately US$933.4 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered




  • Material Handling Equipment (MHE): An Introduction
  • Forklift: Integral Part of MHE
  • Types of Forklifts
  • Counterbalanced Forklift
  • Warehousing Forklifts
  • Forklift by Fuel Types
  • Diesel
  • Electric
  • Gasoline & LPG/CNG
  • Forklift by Tonnage Capacity
  • Less than 5 Ton
  • 5 Ton to 10 Ton
  • 1. Ton to 36 Ton
  • Classification by Forklift Classes
  • Born Out of Necessity, Forklifts Surge Ahead on the e-Commerce Boom
  • Developed Markets: Traditional Revenue Contributors
  • Developing Countries Turbo Charge Future Market Growth
  • Diesel Forklifts Making Way for Electric Forklifts
  • Manufacturing Application Segment to Maintain its Dominance
  • Global Economic Outlook: GDP Growth and Forklifts Market
  • Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
  • Competitive Scenario
  • Global Competitor Market Shares
  • Forklift Competitor Market Share Scenario Worldwide (in %): 2019 and 2025


  • Anhui Heli Co. Ltd. (China)
  • CLARK Material Handling Company (CMHC) (USA)
  • Combilift Material Handling Solutions (Ireland)
  • Crown Equipment Corporation (USA)
  • Godrej Material Handling (India)
  • Hangcha Group Co. Ltd (China)
  • Hyster-Yale Materials Handling Inc. (USA)
  • Jungheinrich AG (Germany)
  • KION Group AG (Germany)
  • Komatsu Ltd. (Japan)
  • Lonking Holdings Limited (China)
  • Mitsubishi Logisnext Co. Ltd. (Japan)
  • Toyota Industries Corporation (Japan)


  • Increasing Popularity of Fuel cell-powered Forklifts Drives the Global Forklift Market
  • Myriad Benefits to Broaden Battery-operated Forklifts Application
  • Automated Forklifts Rise in Prominence
  • Electric Forklifts Gain Traction
  • Emphasis on Green Warehousing Steers Demand for Electric Forklifts
  • Forklift Tires Market: Characterized by Growing Demand for Solid and Non-Marking Tires
  • Lift Truck Made a Part of the Connected Enterprise Ecosystem
  • World Warehouse Management Systems (WMS) Market Revenues in US$ Million for Years 2015, 2017, 2019 and 2021
  • Forklifts Emerge as an Important Material Handling System for the Logistics and Shipping Industry
  • Global Logistics Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Third Party Logistics (3PL): Expanding in Industrial Manufacturing, Retail and Wholesale Sectors
  • Global 3PL Market Revenue Share by End-Use Sector (2019)
  • Expanding Retail Industry Generates Significant Opportunities
  • Global Retail Sector Revenue Share by Product Category (2019)
  • Transition of Material handling Operations in Automobile Industry Augurs Well for Forklifts Market
  • Global Passenger Cars Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022
  • With Global E-Commerce Sales Skyrocketing, Growth in E-Commerce Warehouses Spurs Need for Forklifts
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
  • Global E-Commerce Market as a % of Retail Sales for the Period 2017-2023
  • Leading Retail E-Commerce Countries Worldwide: Ranked by Sales in $ Billion for 2019E
  • Online Shopping Trend and Need to Improve Warehouse Efficiencies Drive Investments into Forklifts
  • Healthy Growth of Construction Sector Presents Favorable Outlook for Forklifts Market
  • Global Construction Equipment Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Technological Advancements Accelerate Market Expansion
  • Technological Developments also Aim at Increasing Productivity
  • Key Challenges
  • Manufactures Face Challenges Producing Rough-Terrain Forklifts
  • Introduction of Robotic based Humanless Warehouse: A Threat to the Market
  • Rising Concerns over Forklift-related Safety Issues Restrain Market Growth
  • Regulatory Framework in the Forklift Sector
  • Percentage Breakdown of Number of Fatalities Attributed to Forklifts by Type of Accident in the US




  • Aisle-Master
  • Anhui Heli Co. Ltd.
  • Anhui Teu Forklift Truck Co. Ltd.
  • Anhui Yufeng Warehousing Equipment Co. Ltd.
  • BHS Intralogistics GmbH
  • Big Lift, LLC
  • Carer Forklifts
  • Cargotec Finland Oy - Kalmar
  • Cat Lift Trucks
  • Clark Material Handling Company
  • Combilift Material Handling Solutions
  • Corecon Inc.
  • Crown Equipment Corporation
  • CVS Ferrari S.r.l.
  • Doosan Corporation Industrial Vehicle
  • Doosan Industrial Vehicle America Corporation
  • EP Equipment Co. Ltd.
  • Global Power Co. Ltd.
  • Godrej Material Handling
  • Guangxi Liugong Machinery Co. Ltd.
  • Hangcha Group Co. Ltd.
  • Hoist Material Handling, Inc.
  • Hubtex Maschinenbau GmbH & Co. KG
  • Hyster Company
  • Hyster-Yale Materials Handling Inc.
  • Hytsu Group
  • Hyundai Construction Equipment Americas, Inc.
  • Hyundai Construction Equipment Europe - Hyundai Material Handling
  • J C Bamford Excavators Ltd. (JCB)
  • JBT Corporation
  • Jost's Engineering Company Limited
  • Jungheinrich AG
  • Kion Baoli (Jiangsu) Forklift Co. Ltd.
  • Kion Group Ag
  • Komatsu America Corp.
  • Komatsu Ltd.
  • Konecranes PLC
  • Linde Material Handling GmbH
  • Liuzhou Liugong Forklift Co. Ltd.
  • Lonking Holdings Limited
  • Macneill Engineering Ltd.
  • Manitou Group
  • Mitsubishi Caterpillar Forklift America Inc.
  • Mitsubishi Caterpillar Forklift Europe B.V. (MCFE)
  • Mitsubishi Forklift Trucks
  • Mitsubishi Logisnext Co. Ltd.
  • Net Mak Metal Makine San ve Tic Ltd. Sti.
  • Ningbo Ruyi Joint Stock Co. Ltd.
  • Northland Industrial Truck Company, Inc. (Nitco)
  • Octane Forklifts
  • Paletrans Empilhadeiras
  • Palfinger AG
  • Promag S.A.
  • Sinkobe Co. Ltd.
  • Sroka Inc.
  • Still GmbH
  • Sumitomo Nacco Forklift Co. Ltd.
  • Tailift Material Handling Taiwan Co. Ltd.
  • Tailift Material Handling USA Inc.
  • Taipiin Industry Co. Ltd.
  • The Raymond Corporation
  • Toyota Industries Corporation
  • Toyota Material Handling USA Inc.
  • Unicarriers Americas Corporation
  • Zhejiang Goodsense Forklift Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/i15pqf

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716


View original content:http://www.prnewswire.com/news-releases/global-forklift-market-growth-opportunities-2019-2025---growing-online-shopping-trend-need-to-improve-warehouse-efficiencies-drives-investments-301020849.html

SOURCE Research and Markets