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Global Forklift Market to Reach $19.1 Billion by 2026

·28-min read

Abstract: Global Forklift Market to Reach $19. 1 Billion by 2026 . Forklifts or powered industrial trucks are designed to suit specific applications such as lifting, loading and unloading of bulk goods.

New York, July 21, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Forklift Industry" - https://www.reportlinker.com/p05798622/?utm_source=GNW
The broader adoption of forklifts is attributed to their ability to efficiently lift and move materials over different paths without any restrictions. Global demand for these systems is likely to be propelled by growth in infrastructural and industrial activities along with the need of high-capacity systems for high production and yield of goods. Booming e-commerce and retail businesses, flourishing automotive component manufacturing, growing consumable goods industry, and rising construction industry are further augmenting demand for forklifts. In addition, implementation of stringent regulatory standards towards worker safety during goods movement, like the EU`s `Health and Safety Directive` is expected to fuel the adoption of forklifts for manufacturing as well as distribution processes. The market is expected to also gain from technological advances and availability of automated platforms like monitoring and tracking solutions. The growing demand for shelves, pallets and racks in end-use applications along with the ability of these systems to reduce human efforts and enhance efficiency presents lucrative growth opportunities.

Amid the COVID-19 crisis, the global market for Forklift estimated at US$16.7 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2026, growing at a CAGR of 2.2% over the analysis period. Diesel, one of the segments analyzed in the report, is projected to grow at a 1.6% CAGR to reach US$10.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electric segment is readjusted to a revised 3.2% CAGR for the next 7-year period. This segment currently accounts for a 19.1% share of the global Forklift market. Diesel forklift trucks are primarily designed for heavy lifting and to operate outdoors in rough terrain and harsh environments. They are suitable for handling and transporting a wide range of unit loads. Due to stringent regulatory emission norms for regulating CO2 emissions and relative high maintenance costs, diesel forklifts have made way for electric forklifts that are powered by electricity. Electric forklifts are propelled by a battery power source that does emit any harmful exhaust fumes. Rise in adoption of electric forklifts due to its benefits over internal combustion (IC) engines powered forklifts and increase in investments targeted at advancements in battery technology are poised to fuel growth of electric forklifts in the near future.

The U.S. Market is Estimated at $4.6 Billion in 2021, While China is Forecast to Reach $3.4 Billion by 2026

The Forklift market in the U.S. is estimated at US$4.6 Billion in the year 2021. The country currently accounts for a 27.2% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$3.4 Billion in the year 2026 trailing a CAGR of 3.3% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 1.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR while Rest of European market (as defined in the study) will reach US$3.6 Billion by the end of the analysis period. The encouraging scenario on the wholesale & retail distribution front coupled with robust demand for replacement of forklift trucks is spiraling demand for forklifts in the US market. Adoption of advanced technologies and Industry 4.0 initiative by the governments are creating growth opportunities for forklifts in the European market. Further, thriving e-commerce market and surging demand for battery operated forklift vehicles are expected to spur growth in the market. Low penetration of forklifts; increasing manufacturing, wholesale and distribution, and freight and logistics sectors; rapidly expanding automotive and construction industries; and flourishing e-commerce business are driving a demand influx in the Asia-Pacific region.

Gasoline & LPG/CNG Segment to Reach $5.1 Billion by 2026

LPG powered forklift trucks are suitable for both indoor and outdoor applications, produce significantly less emissions, more maneuverable than diesel forklifts, quieter, and better travel speeds, lift speeds and acceleration than electric and diesel forklifts. The LPG forklift produces fewer emissions due to the efficient performance of exhaust catalytic converters on higher temperature LPG spark ignition engine. In the global Gasoline & LPG/CNG segment, USA, Canada, Japan, China and Europe will drive the 2.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.3 Billion in the year 2020 will reach a projected size of US$3.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$643.2 Million by the year 2026, while Latin America will expand at a 2.7% CAGR through the analysis period.
Select Competitors (Total 65 Featured)

  • Anhui Heli Co., Ltd.

  • CLARK Material Handling International (CMHI)

  • Combilift Material Handling Solutions

  • Crown Equipment Corporation

  • Godrej Material Handling

  • HANGCHA GROUP CO., LTD

  • Hyster-Yale Materials Handling, Inc.

  • Jungheinrich AG

  • KION Group AG

  • Komatsu Ltd.

  • Lonking Holdings Limited

  • Mitsubishi Logisnext Co., Ltd.

  • Toyota Industries Corporation




Read the full report: https://www.reportlinker.com/p05798622/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
Material Handling Equipment (MHE): An Introduction
Forklift: Integral Part of MHE
Types of Forklifts
Counterbalanced Forklift
Warehousing Forklifts
Forklift by Fuel Types
Diesel
Electric
Gasoline & LPG/CNG
Forklift by Tonnage Capacity
Less than 5 Ton
5 Ton to 10 Ton
11 Ton to 36 Ton
Classification by Forklift Classes
Born Out of Necessity, Forklifts Surge Ahead on the e-Commerce
Boom
Developed Markets: Traditional Revenue Contributors
Developing Countries Turbo Charge Future Market Growth
Diesel Forklifts Making Way for Electric Forklifts
Manufacturing Application Segment to Maintain its Dominance
Global Economic Outlook: GDP Growth and Forklifts Market
Real GDP Growth Rates in % by Country/Region for the Years 2017
through 2020
Competitive Scenario
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
Anhui Heli Co., Ltd. (China)
CLARK Material Handling Company (CMHC) (USA)
Combilift Material Handling Solutions (Ireland)
Crown Equipment Corporation (USA)
Godrej Material Handling (India)
HANGCHA GROUP CO., LTD (China)
Hyster-Yale Materials Handling, Inc. (USA)
Jungheinrich AG (Germany)
KION Group AG (Germany)
Komatsu Ltd. (Japan)
Lonking Holdings Limited (China)
Mitsubishi Logisnext Co., Ltd. (Japan)
Toyota Industries Corporation (Japan)

3. MARKET TRENDS & DRIVERS
Increasing Popularity of Fuel cell-powered Forklifts Drives the
Global Forklift Market
Myriad Benefits to Broaden Battery-operated Forklifts Application
Automated Forklifts Rise in Prominence
Electric Forklifts Gain Traction
Emphasis on Green Warehousing Steers Demand for Electric Forklifts
Forklift Tires Market: Characterized by Growing Demand for
Solid and Non-Marking Tires
Lift Truck Made a Part of the Connected Enterprise Ecosystem
EXHIBIT 1: World Warehouse Management Systems (WMS) Market
Revenues in US$ Million for Years 2015, 2017, 2019 and 2021
Forklifts Emerge as an Important Material Handling System for
the Logistics and Shipping Industry
EXHIBIT 2: Global Logistics Market Revenues in US$ Billion for
the Years 2019, 2021, 2023 and 2025
Third Party Logistics (3PL): Expanding in Industrial
Manufacturing, Retail and Wholesale Sectors
EXHIBIT 3: Global 3PL Market Revenue Share by End-Use Sector:
(2019)
Expanding Retail Industry Generates Significant Opportunities
EXHIBIT 4: Global Retail Sector Revenue Share by Product
Category (2019)
Transition of Material Handling Operations in Automobile
Industry Augurs Well for Forklifts Market
Global Passenger Cars Production (In Million Units) by
Geographic Region/Country for the Years 2017, 2019, 2022
With Global E-Commerce Sales Skyrocketing, Growth in E-Commerce
Warehouses Spurs Need for Forklifts
EXHIBIT 5: Global B2C E-Commerce Sales in US$ Trillion for the
Years 2017, 2019, 2021 and 2023
EXHIBIT 6: Global E-Commerce Market as a % of Retail Sales for
the Period 2017-2023
EXHIBIT 7: Leading Retail E-Commerce Countries Worldwide:
Ranked by Sales in $ Billion for 2019E
Online Shopping Trend and Need to Improve Warehouse
Efficiencies Drive Investments into Forklifts
Healthy Growth of Construction Sector Presents Favorable
Outlook for Forklifts Market
EXHIBIT 8: Global Construction Equipment Market: Revenues in
US$ Billion for the Years 2019, 2021, 2023 and 2025
Technological Advancements Accelerate Market Expansion
Technological Developments also Aim at Increasing Productivity
Key Challenges
Manufactures Face Challenges Producing Rough-Terrain Forklifts
Introduction of Robotic based Humanless Warehouse: A Threat to
the Market
Rising Concerns over Forklift-related Safety Issues Restrain
Market Growth
Regulatory Framework in the Forklift Sector
EXHIBIT 9: Percentage Breakdown of Number of Fatalities
Attributed to Forklifts by Type of Accident in the US

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Forklift by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 2: World Historic Review for Forklift by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 3: World 15-Year Perspective for Forklift by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets for Years 2012, 2020 & 2027

Table 4: World Current & Future Analysis for Diesel by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 5: World Historic Review for Diesel by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 6: World 15-Year Perspective for Diesel by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 7: World Current & Future Analysis for Electric by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 8: World Historic Review for Electric by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 9: World 15-Year Perspective for Electric by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027

Table 10: World Current & Future Analysis for Gasoline &
LPG/CNG by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 11: World Historic Review for Gasoline & LPG/CNG by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 12: World 15-Year Perspective for Gasoline & LPG/CNG by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 13: World Current & Future Analysis for Manufacturing by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 and % CAGR

Table 14: World Historic Review for Manufacturing by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 15: World 15-Year Perspective for Manufacturing by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 16: World Current & Future Analysis for Wholesale &
Retail Distribution by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR

Table 17: World Historic Review for Wholesale & Retail
Distribution by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2019 and % CAGR

Table 18: World 15-Year Perspective for Wholesale & Retail
Distribution by Geographic Region - Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa for Years
2012, 2020 & 2027

Table 19: World Current & Future Analysis for Freight &
Logistics by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 20: World Historic Review for Freight & Logistics by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 21: World 15-Year Perspective for Freight & Logistics by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

Table 22: World Current & Future Analysis for Other
Applications by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 and % CAGR

Table 23: World Historic Review for Other Applications by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 24: World 15-Year Perspective for Other Applications by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
An Overview of Material Handling Equipment Market
EXHIBIT 10: United States Material Handling Equipment Market
Share Breakdown by Segment: 2019
Developing E-Commerce Industry Drives Growth in Automated Systems
EXHIBIT 11: E-Commerce Retail Sales in the US as % of Total
Retail Sales (2015-2021)
Focus Heightens on Sustainable Solutions
Demand on Rise for Electric Forklifts
Competitive Landscape
Table 25: USA Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 26: USA Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 27: USA 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 28: USA Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 29: USA Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 30: USA 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

CANADA
Market Overview
EXHIBIT 12: Material Handling Equipment Market in Canada:
Percentage Share Breakdown of Sales by Segment for 2019
Table 31: Canada Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 32: Canada Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 33: Canada 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 34: Canada Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 35: Canada Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 36: Canada 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

JAPAN
Table 37: Japan Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 38: Japan Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 39: Japan 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 40: Japan Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 41: Japan Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 42: Japan 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

CHINA
Market Overview
EXHIBIT 13: Chinese Material Handling Equipment Market by
Segment: Percentage Breakdown of Sales for 2019
Chinese Forklift Manufacturers Aim for Overseas Markets
Table 43: China Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 44: China Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 45: China 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 46: China Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 47: China Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 48: China 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

EUROPE
Market Overview
EXHIBIT 14: European Material Handling Equipment Market Share
Breakdown by Segment: 2019
Table 49: Europe Current & Future Analysis for Forklift by
Geographic Region - France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 50: Europe Historic Review for Forklift by Geographic
Region - France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2019 and % CAGR

Table 51: Europe 15-Year Perspective for Forklift by Geographic
Region - Percentage Breakdown of Value Sales for France,
Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
for Years 2012, 2020 & 2027

Table 52: Europe Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 53: Europe Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 54: Europe 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 55: Europe Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 56: Europe Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 57: Europe 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

FRANCE
Table 58: France Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 59: France Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 60: France 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 61: France Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 62: France Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 63: France 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

GERMANY
Market Overview
EXHIBIT 15: German Material Handling Equipment Market Share
Breakdown by Segment: 2019
Table 64: Germany Current & Future Analysis for Forklift by
Fuel Type - Diesel, Electric and Gasoline & LPG/CNG -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 65: Germany Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 66: Germany 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 67: Germany Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 68: Germany Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 69: Germany 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

ITALY
Brief Market Overview
EXHIBIT 16: Italian Material Handling Equipment Market by
Segment: Percentage Breakdown of Sales for 2019
Table 70: Italy Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 71: Italy Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 72: Italy 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 73: Italy Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 74: Italy Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 75: Italy 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

UNITED KINGDOM
Table 76: UK Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 77: UK Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 78: UK 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 79: UK Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 80: UK Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 81: UK 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

SPAIN
Table 82: Spain Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 83: Spain Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 84: Spain 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 85: Spain Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 86: Spain Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 87: Spain 15-Year Perspective for Forklift by Application -
Percentage Breakdown of Value Sales for Manufacturing,
Wholesale & Retail Distribution, Freight & Logistics and Other
Applications for the Years 2012, 2020 & 2027

RUSSIA
Table 88: Russia Current & Future Analysis for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 89: Russia Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 90: Russia 15-Year Perspective for Forklift by Fuel Type -
Percentage Breakdown of Value Sales for Diesel, Electric and
Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 91: Russia Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 92: Russia Historic Review for Forklift by Application -
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 and
% CAGR

Table 93: Russia 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

REST OF EUROPE
Table 94: Rest of Europe Current & Future Analysis for Forklift
by Fuel Type - Diesel, Electric and Gasoline & LPG/CNG -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 95: Rest of Europe Historic Review for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 96: Rest of Europe 15-Year Perspective for Forklift by
Fuel Type - Percentage Breakdown of Value Sales for Diesel,
Electric and Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 97: Rest of Europe Current & Future Analysis for Forklift
by Application - Manufacturing, Wholesale & Retail
Distribution, Freight & Logistics and Other Applications -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 98: Rest of Europe Historic Review for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 99: Rest of Europe 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

ASIA-PACIFIC
Market Overview & Outlook
EXHIBIT 17: Asia-Pacific Material Handling Equipment Market
Share Analysis by Segment: 2019
Competitive Scenario
Table 100: Asia-Pacific Current & Future Analysis for Forklift
by Geographic Region - Australia, India, South Korea and Rest
of Asia-Pacific Markets - Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 101: Asia-Pacific Historic Review for Forklift by
Geographic Region - Australia, India, South Korea and Rest of
Asia-Pacific Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 and % CAGR

Table 102: Asia-Pacific 15-Year Perspective for Forklift by
Geographic Region - Percentage Breakdown of Value Sales for
Australia, India, South Korea and Rest of Asia-Pacific Markets
for Years 2012, 2020 & 2027

Table 103: Asia-Pacific Current & Future Analysis for Forklift
by Fuel Type - Diesel, Electric and Gasoline & LPG/CNG -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 104: Asia-Pacific Historic Review for Forklift by Fuel
Type - Diesel, Electric and Gasoline & LPG/CNG Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 105: Asia-Pacific 15-Year Perspective for Forklift by
Fuel Type - Percentage Breakdown of Value Sales for Diesel,
Electric and Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 106: Asia-Pacific Current & Future Analysis for Forklift
by Application - Manufacturing, Wholesale & Retail
Distribution, Freight & Logistics and Other Applications -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 107: Asia-Pacific Historic Review for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 108: Asia-Pacific 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

AUSTRALIA
Table 109: Australia Current & Future Analysis for Forklift by
Fuel Type - Diesel, Electric and Gasoline & LPG/CNG -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 110: Australia Historic Review for Forklift by Fuel Type -
Diesel, Electric and Gasoline & LPG/CNG Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 and % CAGR

Table 111: Australia 15-Year Perspective for Forklift by Fuel
Type - Percentage Breakdown of Value Sales for Diesel, Electric
and Gasoline & LPG/CNG for the Years 2012, 2020 & 2027

Table 112: Australia Current & Future Analysis for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 113: Australia Historic Review for Forklift by
Application - Manufacturing, Wholesale & Retail Distribution,
Freight & Logistics and Other Applications Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 and % CAGR

Table 114: Australia 15-Year Perspective for Forklift by
Application - Percentage Breakdown of Value Sales for
Manufacturing, Wholesale & Retail Distribution, Freight &
Logistics and Other Applications for the Years 2012, 2020 &
2027

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