Global Forklift Trucks Market and Forecast 2020-2026

                                          
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.
Global Forklift Truck key manufacturers are Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli and Hangcha, global top nine player have a share over 80 percent in 2019.

Market Analysis and Insights: Global Forklift Trucks Market


The global Forklift Trucks market size is projected to reach US$ 27290 million by 2026, from US$ 22170 million in 2020, at a CAGR of 3.5% during 2021-2026.

Global Forklift Trucks Scope and Segment

Forklift Trucks market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Forklift Trucks market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

 	
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

Forklift Trucks Breakdown Data by Type

 	
Class 1 Forklift Trucks
 	
Class 2 Forklift Trucks
 	
Class 3 Forklift Trucks
 	
Class 4/5 Forklift Trucks

Forklift Trucks Breakdown Data by Application

 	
Warehouses
 	
Factories
 	
Distribution Centers
 	
Others

Regional and Country-level Analysis

The Forklift Trucks market is analysed and market size information is provided by regions (countries).

The key regions covered in the Forklift Trucks market report are North America, Europe, China, Japan, South Korea, India and South America. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape and Forklift Trucks Market Share Analysis