
Forklift Trucks - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Forklift Trucks Market is accounted for $42.10 billion in 2017 and is expected to reach $85.23 billion by 2026 growing at a CAGR of 8.2% during the forecast period. Growing warehouse establishments, high demand in construction sector, increasing demand in warehouse space for automotive and food industry are some of the key factors fuelling the market growth. However, factors such as high cost are hindering the growth of the market.
Forklift trucks are mechanical vehicles which are mainly used for pressure group, autonomous copying and placement of discrete loads all through a facility. Additionally, these mobiles can be capable of with forks for loads that are not palletized and pallet-based unit load option.
By component, storage tank segment is expected to have a significant growth during the forecast period. Rising applications of forklift trucks in retail and wholesale industry. Based on geography, Asia Pacific holds the largest market share during the forecast period. Countries such as Japan, India and China are the major economies in contribute to the adoption of market. Additionally, China's fast-growing e-commerce sector drives the demand for the market.
Some of the key players profiled in the Forklift Trucks Market include UniCarriers Corp., Tailift Group, Mitsubishi Caterpillar Forklift America Inc., Komatsu Utility Co. Ltd, Hyundai Heavy Industries Co. Ltd, Hytsu Group, Hubtex Maschinenbau GmbH & Co. KG., Hangcha Forklift Co. Ltd, Godrej & Boyce Mfg. Co. Ltd, Crown Equipment Corp., Combilift Ltd., Clark Material Handling International Inc. and Anhui Forklift Truck Group Co. Ltd.
Capacities Covered:
• 5 Ton – 10 Ton
• >36 Ton
• <5 Ton
• 11 Ton – 36 Ton
Product Types Covered:
• Counterbalance
• Warehouse
Classes Covered:
• Class VI (Rough Terrain Forklift Trucks)
• Class V (Electric and Internal Combustion Engine Tractors (Pneumatic Tires))
• Class IV (Internal Combustion Engine Trucks (Solid/Cushion Tires))
• Class III (Electric Motor Hand Trucks)
• Class II (Electric Motor Narrow Aisle Trucks)
• Class I (Electric Motor Rider Trucks)
• Other Classes
Power Sources Covered:
• Electric Motor
• Internal Combustion Engine
Fuel Types Covered:
• Gasoline & Compressed Natural Gas/Liquefied Petroleum Gas
• Diesel
• Electric/Hybrid
• Fuel Cell
Applications Covered:
• Airports
• Distribution Centers
• Factories
• Ports
• Stations
• Warehouses
End Users Covered:
• Automotive and Electrical Engineering
• Construction
• Food and Beverages Industry
• General Manufacturing
• Retail & Wholesale Industry
• Transportation and Logistics
• Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Forklift Trucks Market, By Capacity
5.1 Introduction
5.2 5 Ton – 10 Ton
5.3 >36 Ton
5.4 <5 Ton
5.5 11 Ton – 36 Ton
6 Global Forklift Trucks Market, By Product Type
6.1 Introduction
6.2 Counterbalance
6.3 Warehouse
7 Global Forklift Trucks Market, By Class
7.1 Introduction
7.2 Class VI (Rough Terrain Forklift Trucks)
7.3 Class V (Electric and Internal Combustion Engine Tractors (Pneumatic Tires))
7.4 Class IV (Internal Combustion Engine Trucks (Solid/Cushion Tires))
7.5 Class III (Electric Motor Hand Trucks)
7.6 Class II (Electric Motor Narrow Aisle Trucks)
7.7 Class I (Electric Motor Rider Trucks)
7.8 Other Classes
8 Global Forklift Trucks Market, By Power Source
8.1 Introduction
8.2 Electric Motor
8.3 Internal Combustion Engine
9 Global Forklift Trucks Market, By Fuel Type
9.1 Introduction
9.2 Gasoline & Compressed Natural Gas/Liquefied Petroleum Gas
9.3 Diesel
9.4 Electric/Hybrid
9.5 Fuel cell
10 Global Forklift Trucks Market, By Application
10.1 Introduction
10.2 Airports
10.3 Distribution Centers
10.4 Factories
10.5 Ports
10.6 Stations
10.7 Warehouses
11 Global Forklift Trucks Market, By End User
11.1 Introduction
11.2 Automotive and Electrical Engineering
11.3 Construction
11.4 Food and Beverages Industry
11.5 General Manufacturing
11.6 Retail & Wholesale Industry
11.7 Transportation and Logistics
11.8 Other End Users
11.8.1 Paper & Print Industry
11.8.2 Chemical
11.8.3 Timber
12 Global Forklift Trucks Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 UniCarriers Corp.
14.2 Tailift Group
14.3 Mitsubishi Caterpillar Forklift America Inc.
14.4 Komatsu Utility Co. Ltd
14.5 Hyundai Heavy Industries Co. Ltd
14.6 Hytsu Group
14.7 Hubtex Maschinenbau GmbH & Co. KG.
14.8 Hangcha Forklift Co. Ltd
14.9 Godrej & Boyce Mfg. Co. Ltd
14.10 Crown Equipment Corp.
14.11 Combilift Ltd.
14.12 Clark Material Handling International Inc.
14.13 Anhui Forklift Truck Group Co. Ltd
List of Tables
1 Global Forklift Trucks Market Outlook, By Region (2016-2026) (US $MN)
2 Global Forklift Trucks Market Outlook, By Capacity (2016-2026) (US $MN)
3 Global Forklift Trucks Market Outlook, By 5 Ton – 10 Ton (2016-2026) (US $MN)
4 Global Forklift Trucks Market Outlook, By >36 Ton (2016-2026) (US $MN)
5 Global Forklift Trucks Market Outlook, By <5 Ton (2016-2026) (US $MN)
6 Global Forklift Trucks Market Outlook, By 11 Ton – 36 Ton (2016-2026) (US $MN)
7 Global Forklift Trucks Market Outlook, By Product Type (2016-2026) (US $MN)
8 Global Forklift Trucks Market Outlook, By Counterbalance (2016-2026) (US $MN)
9 Global Forklift Trucks Market Outlook, By Warehouse (2016-2026) (US $MN)
10 Global Forklift Trucks Market Outlook, By Class (2016-2026) (US $MN)
11 Global Forklift Trucks Market Outlook, By Class VI (Rough Terrain Forklift Trucks) (2016-2026) (US $MN)
12 Global Forklift Trucks Market Outlook, By Class V (Electric and Internal Combustion Engine Tractors (Pneumatic Tires)) (2016-2026) (US $MN)
13 Global Forklift Trucks Market Outlook, By Class IV (Internal Combustion Engine Trucks (Solid/Cushion Tires)) (2016-2026) (US $MN)
14 Global Forklift Trucks Market Outlook, By Class III (Electric Motor Hand Trucks) (2016-2026) (US $MN)
15 Global Forklift Trucks Market Outlook, By Class II (Electric Motor Narrow Aisle Trucks) (2016-2026) (US $MN)
16 Global Forklift Trucks Market Outlook, By Class I (Electric Motor Rider Trucks) (2016-2026) (US $MN)
17 Global Forklift Trucks Market Outlook, By Other Classes (2016-2026) (US $MN)
18 Global Forklift Trucks Market Outlook, By Power Source (2016-2026) (US $MN)
19 Global Forklift Trucks Market Outlook, By Electric Motor (2016-2026) (US $MN)
20 Global Forklift Trucks Market Outlook, By Internal Combustion Engine (2016-2026) (US $MN)
21 Global Forklift Trucks Market Outlook, By Fuel Type (2016-2026) (US $MN)
22 Global Forklift Trucks Market Outlook, By Gasoline & Compressed Natural Gas/Liquefied Petroleum Gas (2016-2026) (US $MN)
23 Global Forklift Trucks Market Outlook, By Diesel (2016-2026) (US $MN)
24 Global Forklift Trucks Market Outlook, By Electric/Hybrid (2016-2026) (US $MN)
25 Global Forklift Trucks Market Outlook, By Fuel cell (2016-2026) (US $MN)
26 Global Forklift Trucks Market Outlook, By Application (2016-2026) (US $MN)
27 Global Forklift Trucks Market Outlook, By Airports (2016-2026) (US $MN)
28 Global Forklift Trucks Market Outlook, By Distribution Centers (2016-2026) (US $MN)
29 Global Forklift Trucks Market Outlook, By Factories (2016-2026) (US $MN)
30 Global Forklift Trucks Market Outlook, By Ports (2016-2026) (US $MN)
31 Global Forklift Trucks Market Outlook, By Stations (2016-2026) (US $MN)
32 Global Forklift Trucks Market Outlook, By Warehouses (2016-2026) (US $MN)
33 Global Forklift Trucks Market Outlook, By End User (2016-2026) (US $MN)
34 Global Forklift Trucks Market Outlook, By Automotive and Electrical Engineering (2016-2026) (US $MN)
35 Global Forklift Trucks Market Outlook, By Construction (2016-2026) (US $MN)
36 Global Forklift Trucks Market Outlook, By Food and Beverages Industry (2016-2026) (US $MN)
37 Global Forklift Trucks Market Outlook, By General Manufacturing (2016-2026) (US $MN)
38 Global Forklift Trucks Market Outlook, By Retail & Wholesale Industry (2016-2026) (US $MN)
39 Global Forklift Trucks Market Outlook, By Transportation and Logistics (2016-2026) (US $MN)
40 Global Forklift Trucks Market Outlook, By Other End Users (2016-2026) (US $MN)
41 Global Forklift Trucks Market Outlook, By Paper & Print Industry (2016-2026) (US $MN)
42 Global Forklift Trucks Market Outlook, By Chemical (2016-2026) (US $MN)
43 Global Forklift Trucks Market Outlook, By Timber (2016-2026) (US $MN)
Note: North America, Europe, Asia Pacific, South America and, Middle East & Africa are represented in the above manner.
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