In 2023, Germany led with a substantial share of 57.46% in European sold production of self-propelled electric fork-lift trucks with a lifting height above 1 meter, followed by Italy at 17.34% and Sweden at 13.12%. Finland experienced the most notable increase with a 7.18% growth from the previous year, while Spain surged by 15.6%. Bulgaria faced a decline of 15.2%, and Hungary maintained stability. Over the last five years, these countries have exhibited distinct growth trends, with Denmark showing substantial growth, albeit from a smaller base.
Future trends to watch include advancements in battery technology, increased adoption of automation, and sustainability initiatives driving demand growth, particularly in countries like Germany, Italy, and Sweden.
Top countries in Sold Production of Self-Propelled Fork-Lift Trucks Powered by an Electric Motor with a Lifting Height More than 1 M Share by Country (Euros)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57.46 | 2023 | +10.12% | +3.19% | View data |
| 2 | 2 Italy | 17.34 | 2023 | +7.97% | +2.77% | View data |
| 3 | 3 Sweden | 13.12 | 2023 | +3.82% | +2.43% | View data |
| 4 | 4 Finland | 2.94 | 2023 | +15.09% | +7.18% | View data |
| 5 | 5 Spain | 2.21 | 2023 | +2.36% | +15.6% | View data |
| 6 | 6 Denmark | 0.13 | 2023 | +0.29% | +31.63% | View data |
| 7 | 7 Bulgaria | 0.022 | 2023 | -2.69% | -15.2% | View data |
| 8 | 8 Hungary | 0.006 | 2023 | +6.77% | View data |
