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Market Research Report

Global Forklift Market- Size, Share, Trends, Growth Drivers, Restraints, Key players & Scope Analysis with Regional Outlook By Product Type, By Fuel Type, By End-User Industry (Transportation & Logistics, Automotive, Manufacturing, Food and Beverages, Retail& Others) for Forecast Period 2016-2024

Published On : 2017-08-14 Report Page : 150 Category: Automotive

Global Forklift Market

Market Overview

Forklifts are primarily used for material handling, lifting and stacking of loads throughout the facility. These vehicles can be used with variety of attachments such as clamps, grippers and platforms to move and handle different types of material and loads. Expansion of logistics industry and economic growth driven by emerging economies have led to increase in logistics volume and therefore, strengthening the growth of forklift market. Moreover, rising e-commerce businesses have necessitated the larger logistic sites and more proficient logistic operations. At the same time, advancement in information and communication technology has introduced various applications for logistic sites. These factors have provoked the considerable changes in the surrounding environment of logistics. Manufacturers of materials handling equipments are focusing towards the advancement of equipment with high performance owing to growing need of fuel efficiency and green technology based vehicles. At the same time, manufacturers are intensifying investments over research and development of electric warehouse forklifts and fuel efficient forklifts in order to improve fuel efficiency of IC (Internal combustion) engines and to deliver longer working time of forklifts. Implementation of intelligent truck systems enable automation of entire material flow and increase the efficiency of warehouse by providing acceleration in product handling and shipments. Eisenmann’s driverless guided pallet conveyor LogiMover, HELI's LPG IC engines and Ruyi electric vehicles are the few examples of technological advancements in forklifts.

Market Segmentation

By Product Type

  • Class I (Electric Motor Rider Forklifts)
  • Class II (Electric Motor Narrow Aisle Forklifts)
  • Class III (Hand Rider Forklifts)
  • Class IV (IC Engine Forklifts, solid/Cushion Tires)
  • Class V (IC Engine Forklifts, Pneumatic Tires)
  • Class VI (Electric and IC Engine Tractors)
  • Class VII (Rough Terrain Forklifts)

By Fuel Type

  • Diesel
  • Gasoline
  • Electric/Hybrid

By End Users

  • Retail Sector
  • Transportation & Logistics
  • Automotive Sector
  • Manufacturing Sector
  • Food and Beverages
  • Others (Wood Industry, Paper Industry, etc)

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion) }
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion) }
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion) }
  • Rest of the World {Market Share (%), Market Size (USD Billion) }

Global Forklift Market- Trends, Growth Driver and Restraints

Enhanced transportation network between different continents and countries are the major factors driving the growth of global forklift market. Rising global demand for goods coupled with enhanced transportation system led to the amplified stocking of goods in warehouse which are further disseminated through the distributors and wholesalers. Rapid growth of E-commerce business across the globe, especially in developing countries, results in rising container port traffic which boosts the demand for forklifts at ports and airports for goods handling. In 2015, global container port volume reached 700 million TEU (Twenty Foot Equivalent) in which E-commerce shipments accounts for the 63.2% of all shipments, up from revised 61.4% from 2014. Developing countries such as India, China and Mexico showcase upsurge in industrialization and economic growth which augmented the need of advanced warehouse and cargo handling equipments. China accounts for the largest cargo traffic in exports of various goods with more than container port volume of 180 million TEU. Construction industry will persist to increase the demand for forklift trucks. The growing demand for forklifts in construction industry attributes to growing construction sector which is expected to reach USD 10 trillion by 2020 owing to rising number of construction projects in developing countries such as China, India, Mexico and UAE. Forklift industry trends include innovation of intelligent forklifts which is driving the growth of global forklift market. Integration of sensors and smart devices in forklifts helps in the improvement of operational efficiency of forklifts. Additionally, smart lifts are capable of collision detection, improving fork speed optimization that helps in safety of workforce and goods.

Market Size and Forecast

Global forklift market was accounted for USD 36.2 billion in 2015 owing to expansion of warehouse space globally and growing e-commerce business around the world. In 2015, global sales of forklift trucks surpassed 1.0 million units; sales are anticipated to grow decisively in coming years. The market is projected to reach USD 56.8 billion by 2024. Further, the market is expected to expand at compound annual growth rate of 5.7% over the forecast period i.e. 2016-2024.

Geographically, Asia-Pacific region was the largest market for the forklift trucks in 2015 accounted for more than 39% volume share of the global forklift market. Asia-Pacific forklift market continues to dominate the market on the back of increasing number of manufacturing industries and positive growth of e-commerce business. Europe region is estimated to account for the second largest market and anticipated too expand at a CAGR of 3.6% over the forecast period, due to positive outlook of Europe economy and favorable rise in trade of goods. Further, Middle-East and Africa forklift trucks market is also estimated to witness favorable growth in forklift market attribute to growing construction industry and activities of automotive OEMs to setup manufacturing plants. North America forklift trucks market is growing significantly on the back of rising exports and imports of smart devices. Free trade policies of U.S. government with Mexico and Brazil are the two major factors which is rising the import of automobiles from these two countries. These aspects further spur the demand for forklift trucks in the region.

Key Players

  • Toyota Industries Corporation
    • Synopsis
    • Business Strategy
    • Product Portfolio
    • SWOT Analysis
  • Mitsubishi Nichiyu Forklift Co. Ltd.
  • HeLi Co. Ltd.
  • Kion Group AG
  • Jungheinrich AG
  • Anhui Forklift Group Co. Ltd.
  • UniCarriers
  • Hyster-Yale Material Handling
  • HYTSU Group
  • Hyundai Heavy Industries

Scope Background

Market Synopsis

Market Segmentation

The global forklift trucks market is segmented as follows:

  • By Product Type (Market Size, Demand Analysis and Growth Analysis)
  • By Fuel Type (Market Size, Demand Analysis and Growth Analysis)
  • By End-Users Type (Market Size, Demand Analysis and Growth Analysis)

Global Forklift Trucks Market Report covered insights of below mentioned regions:

  • North America (U.S., Canada) {Market Size, Growth Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis}
  • Rest of World  {Market Size, Growth Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remark


Global Forklift Market- Table of Content

1. Research Methodology
1.1. Secondary Research
1.2. Primary Research
1.3. Data Analyzing & Market Size Estimation 
1.4. Research Design
1.5. Bottom-Up & Top-Down Approach
 
2. Market Environment
2.1. Global Economic Overview
2.2. Global Macroeconomic Outlook
2.3. Global Automotive Industry Overview
2.4. Global Transportation Industry Outlook
2.5. Global Construction & Mining Industry Outlook
2.6. Electric & Autonomous Forklift Analysis
2.7. Regulatory & Environmental Considerations
 
3. Industry Structure
3.1. Target Consumer Group Analysis
3.2. Target Markets (By Countries)
3.3. Forklift Technological Research & Development
3.4. Competitive Strategies
3.5. Acquisitions & Divestitures
 
4. Regional Industry Analysis 
4.1. Manufacturing Analysis
4.2. Demand & Supply Analysis
4.3. Marketing & Distribution Analysis
4.4. Forklift Truck Rental Analysis
4.5. Trade (Import & Export) Analysis
4.6. Investments Outlook
4.7. Pricing Outlook
 
5. Executive Summary
5.1. Market Size (USD Million)
5.2. Forecast Analysis (2017-2025)
5.3. Market Share & CAGR (%)
5.4. Regional Share Distribution (%)
 
6. Market Dynamics
6.1. Growth Drivers
6.2. Market Restraints
6.3. Risk Analysis (Demand Risk & Supply Risk Analysis)
6.4. Recent Trends & Developments
6.5. Opportunities for Market Players
 
7. Global Forklift  Market Segmentation
 
7.1. Global Forklift  Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.1. Class I (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.2. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.3. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.4. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.5. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.6. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.7. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.1.8. Market Attractiveness Forklift  Market by Product Type
7.1.9. BPS Analysis Forklift  Market by Product Type
 
7.2. Global Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.2.4. Market Attractiveness of Forklift  Market by Fuel Type
7.2.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.3. Global Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.1. Forklifts  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.2. Forklifts  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.3. Forklifts in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.4. Forklifts  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.5. Forklifts  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.6. Forklifts  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.3.8. Market Attractiveness of Forklift  Market by End Users
7.3.9. BPS Analysis of Forklift  Market by End Users
 
7.4.   Global Forklift  Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
 
7.4.1. North America Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.4.1.1. North America Forklift  Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.4.1.1.1. U.S. Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.1.2. Canada Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.1.3. Market Attractiveness of Forklift  Market by Country
7.4.1.1.4. BPS Analysis of Forklift  Market by Country
 
7.4.1.2. North America Forklift  Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.1. Class I (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.2. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.3. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.4. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.5. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.6. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.7. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.2.8. Market Attractiveness Forklift  Market by Product Type
7.4.1.2.9. BPS Analysis Forklift  Market by Product Type
 
7.4.1.3. North America Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.3.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.3.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.3.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.3.4. Market Attractiveness of Forklift  Market by Fuel Type
7.4.1.3.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.4.1.4. North America Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.1. Forklift  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.2. Forklift  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.3. Forklift  in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.4. Forklift  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.5. Forklift  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.6. Forklift  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.1.4.8. Market Attractiveness of Forklift  Market by End Users
7.4.1.4.9. BPS Analysis of Forklift  Market by End Users
 
7.4.2. Europe Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.4.2.1. Europe Forklift  Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.4.2.1.1. UK Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.2. France Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.3. Italy Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.4. Germany Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.5. Spain Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.6. Hungary Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.7. Sweden Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.8. Russia Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.9. Poland Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.10. Rest of Europe (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.1.11. Market Attractiveness of Forklift  Market by Country
7.4.2.1.12. BPS Analysis of Forklift  Market by Country
 
7.4.2.2. Europe Forklift  Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.1. Class I (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.2. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.3. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.4. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.5. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.6. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.7. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.2.8. Market Attractiveness Forklift  Market by Product Type
7.4.2.2.9. BPS Analysis Forklift  Market by Product Type
 
7.4.2.3. Europe Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.3.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.3.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.3.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.3.4. Market Attractiveness of Forklift  Market by Fuel Type
7.4.2.3.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.4.2.4.  Europe Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.1. Forklift  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.2. Forklift  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.3. Forklift  in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.4. Forklift  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.5. Forklift  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.6. Forklift  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.2.4.8. Market Attractiveness of Forklift  Market by End Users
7.4.2.4.9. BPS Analysis of Forklift  Market by End Users
 
7.4.3. Middle East & Africa Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.4.3.1. Middle East & Africa Forklift  Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.4.3.1.1. Gulf Cooperation Council Countries (GCC) Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.1.2. South Africa Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.1.3. North Africa Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.1.4. Rest of Middle East and Africa Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.1.5. Market Attractiveness of Forklift  Market by Country 
7.4.3.1.6. BPS Analysis of Forklift  Market by Country
 
7.4.3.2. Middle East & Africa Forklift  Market By Product Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.1. Class I (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.2. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.3. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.4. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.5. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.6. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.7. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.2.8. Market Attractiveness Forklift  Market by Product Type
7.4.3.2.9. BPS Analysis Forklift  Market by Product Type
 
7.4.3.3. Middle East & Africa Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.3.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.3.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.3.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.3.4. Market Attractiveness of Forklift  Market by Fuel Type
7.4.3.3.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.4.3.4.  Middle East & Africa Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.1. Forklift  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.2. Forklift  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.3. Forklift  in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.4. Forklift  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.5. Forklift  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.6. Forklift  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.3.4.8. Market Attractiveness of Forklift  Market by End Users
7.4.3.4.9. BPS Analysis of Forklift  Market by End Users
 
7.4.4. Latin America Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.4.4.1. Latin America By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.4.4.1.1. Brazil Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.1.2. Mexico Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.1.3. Rest of Latin America Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.1.4. Market Attractiveness of Forklift  Market by Country 
7.4.4.1.5. BPS Analysis of Forklift  Market by Country
 
7.4.4.2. Latin America Forklift  Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.1. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.2. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.3. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.4. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.5. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.6. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.2.7. Market Attractiveness Forklift  Market by Product Type
7.4.4.2.8. BPS Analysis Forklift  Market by Product Type
 
7.4.4.3. Latin America Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.3.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.3.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.3.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.3.4. Market Attractiveness of Forklift  Market by Fuel Type
7.4.4.3.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.4.4.4.  Latin America Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.1. Forklift  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.2. Forklift  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.3. Forklift  in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.4. Forklift  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.5. Forklift  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.6. Forklift  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.4.4.8. Market Attractiveness of Forklift  Market by End Users
7.4.4.4.9. BPS Analysis of Forklift  Market by End Users
 
7.4.5. Asia Pacific (APAC) Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
 
7.4.5.1. Asia Pacific Forklift  Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2016-2024)
7.4.5.1.1. China Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.2. Japan Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.3. India Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.4. Singapore Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.5. South Korea Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.6. Australia Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.7. New Zealand Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.8. Rest of APAC Forklift  Market (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.1.9. Market Attractiveness of Forklift  Market by Country 
7.4.5.1.10. BPS Analysis of Forklift  Market by Country
 
7.4.5.2. Asia Pacific Forklift  Market By Product Type(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.1. Class I (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.2. Class II(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.3. Class III (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.4. Class IV (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.5. Class V(Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.6. Class VI (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.7. Class VII (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.2.8. Market Attractiveness Forklift  Market by Product Type
7.4.5.2.9. BPS Analysis Forklift  Market by Product Type
 
7.4.5.3. Asia Pacific Forklift  Market By Fuel Type (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.3.1. Diesel (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.3.2. Gasoline (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.3.3. Electric (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.3.4. Market Attractiveness of Forklift  Market by Fuel Type
7.4.5.3.5. BPS Analysis of Forklift  Market by Fuel Type
 
7.4.5.4.  Asia Pacific Forklift  Market By End Users (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.1. Forklift  in Paper Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.2. Forklift  in Ports and Logistics (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.3. Forklift  in Automobile Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.4. Forklift  in Iron & Steel Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.5. Forklift  in Food and Beverages Sector (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.6. Forklift  for Wood Industry (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.7. Other Industries (Market Size ($ Billion) & Y-o-Y Growth Analysis, 2016-2024)
7.4.5.4.8. Market Attractiveness of Forklift  Market by End Users
7.4.5.4.9. BPS Analysis of Forklift  Market by End Users
 
8. Competitive Outlook
8.1. Market Share of Major Players 
8.2. Company Profiles
8.2.1.  Toyota Industries Corporation
8.2.1.1. Company Synopsis
8.2.1.2. Business Strategy
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.2. Mitsubishi Nichiyu Forklift Co. Ltd.
8.2.3. HeLi Co. Ltd.
8.2.4. Kion Group AG
8.2.5. Jungheinrich AG
8.2.6. Anhui Forklift Group Co. Ltd.
8.2.7. UniCarriers
8.2.8. Hyster-Yale Material Handling
8.2.9. HYTSU Group
8.2.10. Hyundai Heavy Industries
 
9. Porter’s Five Force Model
10. Market Landscape: Competition and Beyond
11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
12. Expert Analysis
13. Concluding Remarks

Global Forklift Market- Size, Share, Trends, Growth Drivers, Restraints, Key players & Scope Analysis with Regional Outlook By Product Type, By Fuel Type, By End-User Industry (Transportation & Logistics, Automotive, Manufacturing, Food and Beverages, Retail& Others) for Forecast Period 2016-2024

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