Forklift Truck Market By Power Source, By Class, By End Use : Global Opportunity Analysis and Industry Forecast, 2021-2031

August 2022
268 pages
ID: 6352115
Format: PDF
Allied Market Research

Summary

Table of Contents

Forklift Truck Market By Power Source (IC Engine Powered, Electric Powered), By Class (Class 1, Class 2, Class 3, Class 4, Class 5, Others), By End Use (Retail & Wholesale, Logistics, Automotive, Food Industry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

A forklift truck can be defined as the most important vehicle for material handling. A lift truck is a powered industrial vehicle that is used for lifting and transporting material for short distances inside warehouses or other operational sites. Lift trucks are either gasoline-powered or electric-powered. Also, the penetration of electric-powered forklift trucks has increased in the recent years, owing to several benefits such as eco-friendliness and noiseless operation. Further, a typical forklift truck consists of two power-operated horizontal prongs that are raised and lowered for loading, transporting, and unloading goods.
The forklift truck market is segmented on the basis of power source, class, end user, and region. By power source, the market is classified into IC engine powered and electric powered. By class, it is categorized into class 1, class 2, class 3, class 4, class 5, and others. By end user, the market is divided into retail & wholesale, logistics, automotive, food industry, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include Crown Equipment Corporation, EP Equipment, Hangcha, Hyster-Yale Material Handling, Inc., Jungheinrich AG, Kion Group AG, Komatsu Ltd., Lonking Machinery Co., Ltd., Mitsubishi Logisnext Co., Ltd., and Toyota Industries Corporation.

Key Benefits For Stakeholders
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the forklift truck market analysis from 2021 to 2031 to identify the prevailing forklift truck market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the forklift truck market segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global forklift truck market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Power Source
- IC Engine Powered
- Electric Powered

By Class
- Class 1
- Class 2
- Class 3
- Class 4
- Class 5
- Others

By End Use
- Retail Wholesale
- Logistics
- Automotive
- Food Industry
- Others

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- Malaysia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Crown Equipment Corporation
- EP Equipment
- Hangcha Group Co Ltd
- Hyster Yale Material Handling Inc
- Jungheinrich AG
- Kion Group AG
- Komatsu Ltd
- Lonking Holdings Limited
- Mitsubishi Logisnext Co Ltd
- Toyota Industries Corporation

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