Electric Forklifts Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Counterbalance, Warehouse); Class (Class I, Class II, Class III); End-Use (Industrial, Food and beverage, Logistics, Retail and E-commerce, Chemical, Others) and Geography

Report Code: TIPRE00019772 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming
Covid
MARKET INTRODUCTION

A wide range of industries is deploying an electric fleet into logistics, material handling, and internal warehouse management operations to address sustainability and environmental goals. An increasing movement towards electrification of logistics has supported the growth of electric forklifts. These electric forklifts are getting used for loading material, transporting material, managing warehouses, and other applications. Electric forklift produces zero-emission, acting as a key factor for the adoption. The electric power sourced engine is used in electric forklift, which offers similar benefits as fuel-based engines. The electric forklift is a substitute solution for hybrid and fossil fuel-based material handling vehicles used in industries, to reduce emission and support environmental goals.

MARKET DYNAMICS

The global electric forklift market is growing at a significant rate with the presence of global and regional players present in the market. The logistic and industrial end-user sector is adopting the technology at a faster rate. Also, advancement in battery technology is boosting the electric forklift market. The industrial sector shifts toward electric technology will boost the market in the next few years, as companies are adopting the technology to meet environmental sustainability goals. There are various factors that drive market growth, including factors such as the growing demand for enhanced battery-powered forklifts and the rising demand for heavy-duty forklifts. Factors that serve as a business opportunity include increasing support from governments in emerging economies and the enhanced power support from new battery technologies, which are expected to provide lucrative opportunities for the electric forklift market. In the current scenario, enhanced inclination towards automation and electrification of countries such as the US, Japan, Germany, and others is boosting the market growth.

MARKET SCOPE

The "Global Electric Forklift Market Analysis to 2027" is a specialized and in-depth study of the electric forklift market with a special focus on the global market trend analysis. The report aims to provide an overview of electric forklift market with detailed market segmentation by services, packaging, industry vertical. The global electric forklift market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric forklift market player and offers key trends and opportunities in the electric forklift market.

MARKET SEGMENTATION

The global electric forklift market is segmented on the basis of product, class, and end-use. On the basis of product, market is segmented as counterbalance and warehouse. On the basis of class, market is segmented as class I, class II, class III. On the basis of end-use, market is segmented as industrial, food and beverage, logistics, retail and e-commerce, chemical, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric forklift market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric forklift market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric forklift market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric forklift market in these regions.



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MARKET PLAYERS


The reports cover key developments in the electric forklift market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric Forklift market are anticipated to lucrative growth opportunities in the future with the rising demand for electric forklift market. Below mentioned is the list of few companies engaged in the Electric Forklift market.

The report also includes the profiles of key electric forklift market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •  TOYOTA MATERIAL HANDLING
  •  KION GROUP AG
  •  JUNGHEINRICH AG
  •  MITSUBISHI LOGISNEXT CO.,LTD.
  •  CROWN EQUIPMENT CORPORATION
  •  ANHUI HELI CO., LTD.
  •  KOMATSU LTD
  •  HANGCHA
  •  HYSTER-YALE MATERIALS HANDLING, INC.
  •  DOOSAN INDUSTRIAL VEHICLE AMERICA CORP.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electric Forklifts Market - By Product
1.3.2 Electric Forklifts Market - By Class
1.3.3 Electric Forklifts Market - By End-Use
1.3.4 Electric Forklifts Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ELECTRIC FORKLIFTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. ELECTRIC FORKLIFTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. ELECTRIC FORKLIFTS MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRIC FORKLIFTS - GLOBAL MARKET OVERVIEW
6.2. ELECTRIC FORKLIFTS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. ELECTRIC FORKLIFTS MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. COUNTERBALANCE
7.3.1. Overview
7.3.2. Counterbalance Market Forecast and Analysis
7.4. WAREHOUSE
7.4.1. Overview
7.4.2. Warehouse Market Forecast and Analysis
8. ELECTRIC FORKLIFTS MARKET - REVENUE AND FORECASTS TO 2027 - CLASS
8.1. OVERVIEW
8.2. CLASS MARKET FORECASTS AND ANALYSIS
8.3. CLASS I
8.3.1. Overview
8.3.2. Class I Market Forecast and Analysis
8.4. CLASS II
8.4.1. Overview
8.4.2. Class II Market Forecast and Analysis
8.5. CLASS III
8.5.1. Overview
8.5.2. Class III Market Forecast and Analysis
9. ELECTRIC FORKLIFTS MARKET - REVENUE AND FORECASTS TO 2027 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. INDUSTRIAL
9.3.1. Overview
9.3.2. Industrial Market Forecast and Analysis
9.4. FOOD AND BEVERAGE
9.4.1. Overview
9.4.2. Food and beverage Market Forecast and Analysis
9.5. LOGISTICS
9.5.1. Overview
9.5.2. Logistics Market Forecast and Analysis
9.6. RETAIL AND E-COMMERCE
9.6.1. Overview
9.6.2. Retail and E-commerce Market Forecast and Analysis
9.7. CHEMICAL
9.7.1. Overview
9.7.2. Chemical Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. ELECTRIC FORKLIFTS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Electric Forklifts Market Overview
10.1.2 North America Electric Forklifts Market Forecasts and Analysis
10.1.3 North America Electric Forklifts Market Forecasts and Analysis - By Product
10.1.4 North America Electric Forklifts Market Forecasts and Analysis - By Class
10.1.5 North America Electric Forklifts Market Forecasts and Analysis - By End-Use
10.1.6 North America Electric Forklifts Market Forecasts and Analysis - By Countries
10.1.6.1 United States Electric Forklifts Market
10.1.6.1.1 United States Electric Forklifts Market by Product
10.1.6.1.2 United States Electric Forklifts Market by Class
10.1.6.1.3 United States Electric Forklifts Market by End-Use
10.1.6.2 Canada Electric Forklifts Market
10.1.6.2.1 Canada Electric Forklifts Market by Product
10.1.6.2.2 Canada Electric Forklifts Market by Class
10.1.6.2.3 Canada Electric Forklifts Market by End-Use
10.1.6.3 Mexico Electric Forklifts Market
10.1.6.3.1 Mexico Electric Forklifts Market by Product
10.1.6.3.2 Mexico Electric Forklifts Market by Class
10.1.6.3.3 Mexico Electric Forklifts Market by End-Use
10.2. EUROPE
10.2.1 Europe Electric Forklifts Market Overview
10.2.2 Europe Electric Forklifts Market Forecasts and Analysis
10.2.3 Europe Electric Forklifts Market Forecasts and Analysis - By Product
10.2.4 Europe Electric Forklifts Market Forecasts and Analysis - By Class
10.2.5 Europe Electric Forklifts Market Forecasts and Analysis - By End-Use
10.2.6 Europe Electric Forklifts Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Electric Forklifts Market
10.2.6.1.1 Germany Electric Forklifts Market by Product
10.2.6.1.2 Germany Electric Forklifts Market by Class
10.2.6.1.3 Germany Electric Forklifts Market by End-Use
10.2.6.2 France Electric Forklifts Market
10.2.6.2.1 France Electric Forklifts Market by Product
10.2.6.2.2 France Electric Forklifts Market by Class
10.2.6.2.3 France Electric Forklifts Market by End-Use
10.2.6.3 Italy Electric Forklifts Market
10.2.6.3.1 Italy Electric Forklifts Market by Product
10.2.6.3.2 Italy Electric Forklifts Market by Class
10.2.6.3.3 Italy Electric Forklifts Market by End-Use
10.2.6.4 United Kingdom Electric Forklifts Market
10.2.6.4.1 United Kingdom Electric Forklifts Market by Product
10.2.6.4.2 United Kingdom Electric Forklifts Market by Class
10.2.6.4.3 United Kingdom Electric Forklifts Market by End-Use
10.2.6.5 Russia Electric Forklifts Market
10.2.6.5.1 Russia Electric Forklifts Market by Product
10.2.6.5.2 Russia Electric Forklifts Market by Class
10.2.6.5.3 Russia Electric Forklifts Market by End-Use
10.2.6.6 Rest of Europe Electric Forklifts Market
10.2.6.6.1 Rest of Europe Electric Forklifts Market by Product
10.2.6.6.2 Rest of Europe Electric Forklifts Market by Class
10.2.6.6.3 Rest of Europe Electric Forklifts Market by End-Use

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. ELECTRIC FORKLIFTS MARKET, KEY COMPANY PROFILES
12.1. TOYOTA MATERIAL HANDLING
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KION GROUP AG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. JUNGHEINRICH AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MITSUBISHI LOGISNEXT CO.,LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. CROWN EQUIPMENT CORPORATION
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ANHUI HELI CO., LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. KOMATSU LTD
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. HANGCHA
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. HYSTER-YALE MATERIALS HANDLING, INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. DOOSAN INDUSTRIAL VEHICLE AMERICA CORP.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Toyota Material Handling
2. KION GROUP AG
3. Jungheinrich AG
4. MITSUBISHI LOGISNEXT CO.,LTD.
5. Crown Equipment Corporation
6. Anhui Heli Co., Ltd.
7. Komatsu Ltd
8. Hangcha
9. Hyster-Yale Materials Handling, Inc.
10. DOOSAN INDUSTRIAL VEHICLE AMERICA CORP.
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