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Global Forklift Trucks Market Research Report 2025

Global Forklift Trucks Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1364528

No of Pages : 117

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Synopsis

Forklift truck, also known as fork truck, lift truck, or forklift, are motorized vehicles primarily used for independent lifting, movement, and placement of discrete loads throughout a facility. They form an essential part of the supply chain market. These mobile loading trucks can be outfitted with forks for pallet-based unit load picking and for loads that are not palletized. These vehicles can be used with a variety of attachments such as platforms, grippers, or clamps. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the forklift truck market.

This report mainly focuses on the new forklift trucks equipment, instead of service, rental, etc.

The Forklift Trucks industry can be broken down into several segments, Class 1, Class 2, Class 3 and Class 4/5.

Across the world, the major players cover Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Clark Material Handling, Doosan Corporation Industrial Vehicle, etc.

The global Forklift Trucks market was valued at US$ 29520 million in 2023 and is anticipated to reach US$ 39380 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.

Global key manufacturers of forklift trucks include Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, etc., which are mainly located in North America, Europe, China, Japan, Korea, India, South America, etc. The top two producers have a total market share of 29%, with the largest producer being Toyota, accounting for 17%. At the consumption level, Asia Pacific has the largest sales market with a 50% share. In terms of product categories, class 4 and 5 have the largest market share with 36%, followed by class 3. In terms of applications, warehouses is the number one application with a 38% market share.

This report aims to provide a comprehensive presentation of the global market for Forklift Trucks, 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 Forklift Trucks.

Report Scope

The Forklift Trucks 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 Forklift Trucks 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 Forklift Trucks 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

  • Toyota
  • Kion
  • Jungheinrich
  • Mitsubishi Logisnext
  • Crown Equipment
  • Hyster-Yale
  • Anhui Heli
  • Hangcha
  • Clark Material Handling
  • Doosan Corporation Industrial Vehicle
  • Komatsu
  • Lonking
  • Hyundai Heavy Industries
  • EP Equipment
  • Manitou
  • Paletrans Equipment
  • Combilift
  • Hubtex Maschinenbau
  • Godrej & Boyce

Segment by Type

  • Class 1
  • Class 2
  • Class 3
  • Class 4 and 5

Segment by Application

  • Warehouses
  • Factories
  • Distribution Centers
  • Others

Production by Region

  • North America
  • Europe
  • China
  • Japan
  • India
  • South Korea
  • South America

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

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 Forklift Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Forklift Trucks 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 Forklift Trucks 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.

Index

1 Forklift Trucks Market Overview
1.1 Product Definition
1.2 Forklift Trucks Segment by Type
1.2.1 Global Forklift Trucks Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Class 1
1.2.3 Class 2
1.2.4 Class 3
1.2.5 Class 4 and 5
1.3 Forklift Trucks Segment by Application
1.3.1 Global Forklift Trucks Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Warehouses
1.3.3 Factories
1.3.4 Distribution Centers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Forklift Trucks Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Forklift Trucks Production Estimates and Forecasts (2019-2030)
1.4.4 Global Forklift Trucks Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Forklift Trucks Production Market Share by Manufacturers (2019-2024)
2.2 Global Forklift Trucks Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Forklift Trucks, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Forklift Trucks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Forklift Trucks Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Forklift Trucks, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Forklift Trucks, Product Offered and Application
2.8 Global Key Manufacturers of Forklift Trucks, Date of Enter into This Industry
2.9 Forklift Trucks Market Competitive Situation and Trends
2.9.1 Forklift Trucks Market Concentration Rate
2.9.2 Global 5 and 10 Largest Forklift Trucks Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Forklift Trucks Production by Region
3.1 Global Forklift Trucks Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Forklift Trucks Production Value by Region (2019-2030)
3.2.1 Global Forklift Trucks Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Forklift Trucks by Region (2025-2030)
3.3 Global Forklift Trucks Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Forklift Trucks Production by Region (2019-2030)
3.4.1 Global Forklift Trucks Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Forklift Trucks by Region (2025-2030)
3.5 Global Forklift Trucks Market Price Analysis by Region (2019-2024)
3.6 Global Forklift Trucks Production and Value, Year-over-Year Growth
3.6.1 North America Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.6 South Korea Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.7 South America Forklift Trucks Production Value Estimates and Forecasts (2019-2030)
4 Forklift Trucks Consumption by Region
4.1 Global Forklift Trucks Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Forklift Trucks Consumption by Region (2019-2030)
4.2.1 Global Forklift Trucks Consumption by Region (2019-2024)
4.2.2 Global Forklift Trucks Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Forklift Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Forklift Trucks Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Forklift Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Forklift Trucks 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 Forklift Trucks Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Forklift Trucks 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 Forklift Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Forklift Trucks Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Forklift Trucks Production by Type (2019-2030)
5.1.1 Global Forklift Trucks Production by Type (2019-2024)
5.1.2 Global Forklift Trucks Production by Type (2025-2030)
5.1.3 Global Forklift Trucks Production Market Share by Type (2019-2030)
5.2 Global Forklift Trucks Production Value by Type (2019-2030)
5.2.1 Global Forklift Trucks Production Value by Type (2019-2024)
5.2.2 Global Forklift Trucks Production Value by Type (2025-2030)
5.2.3 Global Forklift Trucks Production Value Market Share by Type (2019-2030)
5.3 Global Forklift Trucks Price by Type (2019-2030)
6 Segment by Application
6.1 Global Forklift Trucks Production by Application (2019-2030)
6.1.1 Global Forklift Trucks Production by Application (2019-2024)
6.1.2 Global Forklift Trucks Production by Application (2025-2030)
6.1.3 Global Forklift Trucks Production Market Share by Application (2019-2030)
6.2 Global Forklift Trucks Production Value by Application (2019-2030)
6.2.1 Global Forklift Trucks Production Value by Application (2019-2024)
6.2.2 Global Forklift Trucks Production Value by Application (2025-2030)
6.2.3 Global Forklift Trucks Production Value Market Share by Application (2019-2030)
6.3 Global Forklift Trucks Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Toyota
7.1.1 Toyota Forklift Trucks Corporation Information
7.1.2 Toyota Forklift Trucks Product Portfolio
7.1.3 Toyota Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Toyota Main Business and Markets Served
7.1.5 Toyota Recent Developments/Updates
7.2 Kion
7.2.1 Kion Forklift Trucks Corporation Information
7.2.2 Kion Forklift Trucks Product Portfolio
7.2.3 Kion Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Kion Main Business and Markets Served
7.2.5 Kion Recent Developments/Updates
7.3 Jungheinrich
7.3.1 Jungheinrich Forklift Trucks Corporation Information
7.3.2 Jungheinrich Forklift Trucks Product Portfolio
7.3.3 Jungheinrich Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Jungheinrich Main Business and Markets Served
7.3.5 Jungheinrich Recent Developments/Updates
7.4 Mitsubishi Logisnext
7.4.1 Mitsubishi Logisnext Forklift Trucks Corporation Information
7.4.2 Mitsubishi Logisnext Forklift Trucks Product Portfolio
7.4.3 Mitsubishi Logisnext Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Logisnext Main Business and Markets Served
7.4.5 Mitsubishi Logisnext Recent Developments/Updates
7.5 Crown Equipment
7.5.1 Crown Equipment Forklift Trucks Corporation Information
7.5.2 Crown Equipment Forklift Trucks Product Portfolio
7.5.3 Crown Equipment Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Crown Equipment Main Business and Markets Served
7.5.5 Crown Equipment Recent Developments/Updates
7.6 Hyster-Yale
7.6.1 Hyster-Yale Forklift Trucks Corporation Information
7.6.2 Hyster-Yale Forklift Trucks Product Portfolio
7.6.3 Hyster-Yale Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hyster-Yale Main Business and Markets Served
7.6.5 Hyster-Yale Recent Developments/Updates
7.7 Anhui Heli
7.7.1 Anhui Heli Forklift Trucks Corporation Information
7.7.2 Anhui Heli Forklift Trucks Product Portfolio
7.7.3 Anhui Heli Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Anhui Heli Main Business and Markets Served
7.7.5 Anhui Heli Recent Developments/Updates
7.8 Hangcha
7.8.1 Hangcha Forklift Trucks Corporation Information
7.8.2 Hangcha Forklift Trucks Product Portfolio
7.8.3 Hangcha Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hangcha Main Business and Markets Served
7.7.5 Hangcha Recent Developments/Updates
7.9 Clark Material Handling
7.9.1 Clark Material Handling Forklift Trucks Corporation Information
7.9.2 Clark Material Handling Forklift Trucks Product Portfolio
7.9.3 Clark Material Handling Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Clark Material Handling Main Business and Markets Served
7.9.5 Clark Material Handling Recent Developments/Updates
7.10 Doosan Corporation Industrial Vehicle
7.10.1 Doosan Corporation Industrial Vehicle Forklift Trucks Corporation Information
7.10.2 Doosan Corporation Industrial Vehicle Forklift Trucks Product Portfolio
7.10.3 Doosan Corporation Industrial Vehicle Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Doosan Corporation Industrial Vehicle Main Business and Markets Served
7.10.5 Doosan Corporation Industrial Vehicle Recent Developments/Updates
7.11 Komatsu
7.11.1 Komatsu Forklift Trucks Corporation Information
7.11.2 Komatsu Forklift Trucks Product Portfolio
7.11.3 Komatsu Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Komatsu Main Business and Markets Served
7.11.5 Komatsu Recent Developments/Updates
7.12 Lonking
7.12.1 Lonking Forklift Trucks Corporation Information
7.12.2 Lonking Forklift Trucks Product Portfolio
7.12.3 Lonking Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Lonking Main Business and Markets Served
7.12.5 Lonking Recent Developments/Updates
7.13 Hyundai Heavy Industries
7.13.1 Hyundai Heavy Industries Forklift Trucks Corporation Information
7.13.2 Hyundai Heavy Industries Forklift Trucks Product Portfolio
7.13.3 Hyundai Heavy Industries Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Hyundai Heavy Industries Main Business and Markets Served
7.13.5 Hyundai Heavy Industries Recent Developments/Updates
7.14 EP Equipment
7.14.1 EP Equipment Forklift Trucks Corporation Information
7.14.2 EP Equipment Forklift Trucks Product Portfolio
7.14.3 EP Equipment Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.14.4 EP Equipment Main Business and Markets Served
7.14.5 EP Equipment Recent Developments/Updates
7.15 Manitou
7.15.1 Manitou Forklift Trucks Corporation Information
7.15.2 Manitou Forklift Trucks Product Portfolio
7.15.3 Manitou Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Manitou Main Business and Markets Served
7.15.5 Manitou Recent Developments/Updates
7.16 Paletrans Equipment
7.16.1 Paletrans Equipment Forklift Trucks Corporation Information
7.16.2 Paletrans Equipment Forklift Trucks Product Portfolio
7.16.3 Paletrans Equipment Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Paletrans Equipment Main Business and Markets Served
7.16.5 Paletrans Equipment Recent Developments/Updates
7.17 Combilift
7.17.1 Combilift Forklift Trucks Corporation Information
7.17.2 Combilift Forklift Trucks Product Portfolio
7.17.3 Combilift Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Combilift Main Business and Markets Served
7.17.5 Combilift Recent Developments/Updates
7.18 Hubtex Maschinenbau
7.18.1 Hubtex Maschinenbau Forklift Trucks Corporation Information
7.18.2 Hubtex Maschinenbau Forklift Trucks Product Portfolio
7.18.3 Hubtex Maschinenbau Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Hubtex Maschinenbau Main Business and Markets Served
7.18.5 Hubtex Maschinenbau Recent Developments/Updates
7.19 Godrej & Boyce
7.19.1 Godrej & Boyce Forklift Trucks Corporation Information
7.19.2 Godrej & Boyce Forklift Trucks Product Portfolio
7.19.3 Godrej & Boyce Forklift Trucks Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Godrej & Boyce Main Business and Markets Served
7.19.5 Godrej & Boyce Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Forklift Trucks Industry Chain Analysis
8.2 Forklift Trucks Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Forklift Trucks Production Mode & Process
8.4 Forklift Trucks Sales and Marketing
8.4.1 Forklift Trucks Sales Channels
8.4.2 Forklift Trucks Distributors
8.5 Forklift Trucks Customers
9 Forklift Trucks Market Dynamics
9.1 Forklift Trucks Industry Trends
9.2 Forklift Trucks Market Drivers
9.3 Forklift Trucks Market Challenges
9.4 Forklift Trucks 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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