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Global Batteries for Forklift Market Research Report 2025
Synopsis
The forklift battery is a battery for powering electric forklifts. It is mainly divided into lead-acid batteries and lithium-ion batteries. At present, lead-acid batteries occupy a large market share, but with the maturity of lithium-ion battery technology, the future development of lithium-ion batteries better. A forklift battery actually has two functions: The first function is to provide a power source to the forklift. The second, and lesser known function, is to provide mass as a counterweight, which aids the forklift’s lifting capacity.
The global Batteries for Forklift market was valued at US$ 2055 million in 2023 and is anticipated to reach US$ 2646 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
Global Forklift Battery key players include EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, Tianneng Battery Group, LEOCH, etc. Global top six manufacturers hold a share about 50%. China is the largest market, with a share about 42%, followed by Japan, both have a share about 14 percent. In terms of product, Lead-Acid Battery is the largest segment, with a share over 83%. And in terms of application, the largest application is Warehouses, followed by Factories, Distribution Centers, etc.
This report aims to provide a comprehensive presentation of the global market for Batteries for 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 Batteries for Forklift.
Report Scope
The Batteries for Forklift market size, estimations, and forecasts are provided in terms of output/shipments (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 Batteries for 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 Batteries for 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
Johnson Controls Inc.
Exide Technologies Inc.
Enersys Inc.
Geebattery
GS Yuasa Corporation
Northstar Battery Company LLC
C&D Technologies, Inc.
Robert Bosch GmbH
East Penn Manufacturing Company
SBS Battery
ThomasNet
IBCS
Green Cubes Technology
Segment by Type
Lead-Acid Batteries
Nickel-Based Batteries
Lithium-Based Batteries
Segment by Application
Mechanical
Automotive
Food and Beverage
Logistics
Chemical
Others
Production by Region
North America
Europe
China
Japan
South Korea
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 Batteries for Forklift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Batteries for 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 Batteries for 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.
The forklift battery is a battery for powering electric forklifts. It is mainly divided into lead-acid batteries and lithium-ion batteries. At present, lead-acid batteries occupy a large market share, but with the maturity of lithium-ion battery technology, the future development of lithium-ion batteries better. A forklift battery actually has two functions: The first function is to provide a power source to the forklift. The second, and lesser known function, is to provide mass as a counterweight, which aids the forklift’s lifting capacity.
The global Batteries for Forklift market was valued at US$ 2055 million in 2023 and is anticipated to reach US$ 2646 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
Global Forklift Battery key players include EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, Tianneng Battery Group, LEOCH, etc. Global top six manufacturers hold a share about 50%. China is the largest market, with a share about 42%, followed by Japan, both have a share about 14 percent. In terms of product, Lead-Acid Battery is the largest segment, with a share over 83%. And in terms of application, the largest application is Warehouses, followed by Factories, Distribution Centers, etc.
This report aims to provide a comprehensive presentation of the global market for Batteries for 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 Batteries for Forklift.
Report Scope
The Batteries for Forklift market size, estimations, and forecasts are provided in terms of output/shipments (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 Batteries for 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 Batteries for 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
Johnson Controls Inc.
Exide Technologies Inc.
Enersys Inc.
Geebattery
GS Yuasa Corporation
Northstar Battery Company LLC
C&D Technologies, Inc.
Robert Bosch GmbH
East Penn Manufacturing Company
SBS Battery
ThomasNet
IBCS
Green Cubes Technology
Segment by Type
Lead-Acid Batteries
Nickel-Based Batteries
Lithium-Based Batteries
Segment by Application
Mechanical
Automotive
Food and Beverage
Logistics
Chemical
Others
Production by Region
North America
Europe
China
Japan
South Korea
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 Batteries for Forklift manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Batteries for 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 Batteries for 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 Batteries for Forklift Market Overview
1.1 Product Definition
1.2 Batteries for Forklift Segment by Type
1.2.1 Global Batteries for Forklift Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Lead-Acid Batteries
1.2.3 Nickel-Based Batteries
1.2.4 Lithium-Based Batteries
1.3 Batteries for Forklift Segment by Application
1.3.1 Global Batteries for Forklift Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Mechanical
1.3.3 Automotive
1.3.4 Food and Beverage
1.3.5 Logistics
1.3.6 Chemical
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Batteries for Forklift Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Batteries for Forklift Production Estimates and Forecasts (2019-2030)
1.4.4 Global Batteries for Forklift Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Batteries for Forklift Production Market Share by Manufacturers (2019-2024)
2.2 Global Batteries for Forklift Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Batteries for Forklift, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Batteries for Forklift Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Batteries for Forklift Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Batteries for Forklift, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Batteries for Forklift, Product Offered and Application
2.8 Global Key Manufacturers of Batteries for Forklift, Date of Enter into This Industry
2.9 Batteries for Forklift Market Competitive Situation and Trends
2.9.1 Batteries for Forklift Market Concentration Rate
2.9.2 Global 5 and 10 Largest Batteries for Forklift Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Batteries for Forklift Production by Region
3.1 Global Batteries for Forklift Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Batteries for Forklift Production Value by Region (2019-2030)
3.2.1 Global Batteries for Forklift Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Batteries for Forklift by Region (2025-2030)
3.3 Global Batteries for Forklift Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Batteries for Forklift Production by Region (2019-2030)
3.4.1 Global Batteries for Forklift Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Batteries for Forklift by Region (2025-2030)
3.5 Global Batteries for Forklift Market Price Analysis by Region (2019-2024)
3.6 Global Batteries for Forklift Production and Value, Year-over-Year Growth
3.6.1 North America Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Batteries for Forklift Production Value Estimates and Forecasts (2019-2030)
4 Batteries for Forklift Consumption by Region
4.1 Global Batteries for Forklift Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Batteries for Forklift Consumption by Region (2019-2030)
4.2.1 Global Batteries for Forklift Consumption by Region (2019-2024)
4.2.2 Global Batteries for Forklift Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Batteries for Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Batteries for Forklift Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Batteries for Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Batteries for 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 Batteries for Forklift Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Batteries for 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 Batteries for Forklift Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Batteries for 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 Batteries for Forklift Production by Type (2019-2030)
5.1.1 Global Batteries for Forklift Production by Type (2019-2024)
5.1.2 Global Batteries for Forklift Production by Type (2025-2030)
5.1.3 Global Batteries for Forklift Production Market Share by Type (2019-2030)
5.2 Global Batteries for Forklift Production Value by Type (2019-2030)
5.2.1 Global Batteries for Forklift Production Value by Type (2019-2024)
5.2.2 Global Batteries for Forklift Production Value by Type (2025-2030)
5.2.3 Global Batteries for Forklift Production Value Market Share by Type (2019-2030)
5.3 Global Batteries for Forklift Price by Type (2019-2030)
6 Segment by Application
6.1 Global Batteries for Forklift Production by Application (2019-2030)
6.1.1 Global Batteries for Forklift Production by Application (2019-2024)
6.1.2 Global Batteries for Forklift Production by Application (2025-2030)
6.1.3 Global Batteries for Forklift Production Market Share by Application (2019-2030)
6.2 Global Batteries for Forklift Production Value by Application (2019-2030)
6.2.1 Global Batteries for Forklift Production Value by Application (2019-2024)
6.2.2 Global Batteries for Forklift Production Value by Application (2025-2030)
6.2.3 Global Batteries for Forklift Production Value Market Share by Application (2019-2030)
6.3 Global Batteries for Forklift Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Johnson Controls Inc.
7.1.1 Johnson Controls Inc. Batteries for Forklift Corporation Information
7.1.2 Johnson Controls Inc. Batteries for Forklift Product Portfolio
7.1.3 Johnson Controls Inc. Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Johnson Controls Inc. Main Business and Markets Served
7.1.5 Johnson Controls Inc. Recent Developments/Updates
7.2 Exide Technologies Inc.
7.2.1 Exide Technologies Inc. Batteries for Forklift Corporation Information
7.2.2 Exide Technologies Inc. Batteries for Forklift Product Portfolio
7.2.3 Exide Technologies Inc. Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Exide Technologies Inc. Main Business and Markets Served
7.2.5 Exide Technologies Inc. Recent Developments/Updates
7.3 Enersys Inc.
7.3.1 Enersys Inc. Batteries for Forklift Corporation Information
7.3.2 Enersys Inc. Batteries for Forklift Product Portfolio
7.3.3 Enersys Inc. Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Enersys Inc. Main Business and Markets Served
7.3.5 Enersys Inc. Recent Developments/Updates
7.4 Geebattery
7.4.1 Geebattery Batteries for Forklift Corporation Information
7.4.2 Geebattery Batteries for Forklift Product Portfolio
7.4.3 Geebattery Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Geebattery Main Business and Markets Served
7.4.5 Geebattery Recent Developments/Updates
7.5 GS Yuasa Corporation
7.5.1 GS Yuasa Corporation Batteries for Forklift Corporation Information
7.5.2 GS Yuasa Corporation Batteries for Forklift Product Portfolio
7.5.3 GS Yuasa Corporation Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GS Yuasa Corporation Main Business and Markets Served
7.5.5 GS Yuasa Corporation Recent Developments/Updates
7.6 Northstar Battery Company LLC
7.6.1 Northstar Battery Company LLC Batteries for Forklift Corporation Information
7.6.2 Northstar Battery Company LLC Batteries for Forklift Product Portfolio
7.6.3 Northstar Battery Company LLC Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Northstar Battery Company LLC Main Business and Markets Served
7.6.5 Northstar Battery Company LLC Recent Developments/Updates
7.7 C&D Technologies, Inc.
7.7.1 C&D Technologies, Inc. Batteries for Forklift Corporation Information
7.7.2 C&D Technologies, Inc. Batteries for Forklift Product Portfolio
7.7.3 C&D Technologies, Inc. Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.7.4 C&D Technologies, Inc. Main Business and Markets Served
7.7.5 C&D Technologies, Inc. Recent Developments/Updates
7.8 Robert Bosch GmbH
7.8.1 Robert Bosch GmbH Batteries for Forklift Corporation Information
7.8.2 Robert Bosch GmbH Batteries for Forklift Product Portfolio
7.8.3 Robert Bosch GmbH Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Robert Bosch GmbH Main Business and Markets Served
7.7.5 Robert Bosch GmbH Recent Developments/Updates
7.9 East Penn Manufacturing Company
7.9.1 East Penn Manufacturing Company Batteries for Forklift Corporation Information
7.9.2 East Penn Manufacturing Company Batteries for Forklift Product Portfolio
7.9.3 East Penn Manufacturing Company Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.9.4 East Penn Manufacturing Company Main Business and Markets Served
7.9.5 East Penn Manufacturing Company Recent Developments/Updates
7.10 SBS Battery
7.10.1 SBS Battery Batteries for Forklift Corporation Information
7.10.2 SBS Battery Batteries for Forklift Product Portfolio
7.10.3 SBS Battery Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SBS Battery Main Business and Markets Served
7.10.5 SBS Battery Recent Developments/Updates
7.11 ThomasNet
7.11.1 ThomasNet Batteries for Forklift Corporation Information
7.11.2 ThomasNet Batteries for Forklift Product Portfolio
7.11.3 ThomasNet Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.11.4 ThomasNet Main Business and Markets Served
7.11.5 ThomasNet Recent Developments/Updates
7.12 IBCS
7.12.1 IBCS Batteries for Forklift Corporation Information
7.12.2 IBCS Batteries for Forklift Product Portfolio
7.12.3 IBCS Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.12.4 IBCS Main Business and Markets Served
7.12.5 IBCS Recent Developments/Updates
7.13 Green Cubes Technology
7.13.1 Green Cubes Technology Batteries for Forklift Corporation Information
7.13.2 Green Cubes Technology Batteries for Forklift Product Portfolio
7.13.3 Green Cubes Technology Batteries for Forklift Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Green Cubes Technology Main Business and Markets Served
7.13.5 Green Cubes Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Batteries for Forklift Industry Chain Analysis
8.2 Batteries for Forklift Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Batteries for Forklift Production Mode & Process
8.4 Batteries for Forklift Sales and Marketing
8.4.1 Batteries for Forklift Sales Channels
8.4.2 Batteries for Forklift Distributors
8.5 Batteries for Forklift Customers
9 Batteries for Forklift Market Dynamics
9.1 Batteries for Forklift Industry Trends
9.2 Batteries for Forklift Market Drivers
9.3 Batteries for Forklift Market Challenges
9.4 Batteries for 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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