Global Electric Forklift Sales Market Report 2020

Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.

Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
For industry structure analysis, the Electric Forklift industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 62.62% of the revenue market.

Market Analysis and Insights: Global Electric Forklift Market
The global Electric Forklift market size is projected to reach US$ 20320 million by 2026, from US$ 16150 million in 2020, at a CAGR of 3.9% during 2021-2026.

Global Electric Forklift Scope and Market Size
The global Electric Forklift market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Forklift market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Electric Forklift market is segmented into
Electric Counterbalance Forklift Trucks
Electric Pallet Trucks
Electric Reach Trucks
Electric Stackers
Others

Segment by Application, the Electric Forklift market is segmented into
Factory
Harbor
Airport
Others

The Electric Forklift market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Forklift market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Electric Forklift Market Share Analysis
Electric Forklift market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Electric Forklift business, the date to enter into the Electric Forklift market, Electric Forklift product introduction, recent developments, etc.

The major vendors covered:
Toyota
Kion Group AG
Jungheinrich AG
Hyster-Yale Materials Handling
Crown Equipment
Mitsubishi Nichiyu
UniCarriers Corp
Komatsu
Anhui Heli
Clark Material Handling Company
Hangcha
Doosan Industrial Vehicles
Hyundai Heavy Industries
Combilift Ltd
Lonking
Tailift Group
Hubtex
Hytsu Group
Godrej & Boyce