Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Electric Lift Trucks Market by Type (Three Fork Electric Lift Trucks, Four Fork Electric Lift Trucks, Other), By Application (Factories, Warehouses, Stations, Ports, Airports) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Electric Lift Trucks Market by Type (Three Fork Electric Lift Trucks, Four Fork Electric Lift Trucks, Other), By Application (Factories, Warehouses, Stations, Ports, Airports) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 188810 3300 Machinery & Equipment 377 244 Pages 4.7 (38)
                                          

The global electric lift trucks market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric lift trucks in various industries such as factories, warehouses, stations, ports and airports. The increasing demand for electric lift trucks is due to their low maintenance cost and high efficiency in comparison with diesel-powered vehicles. Moreover, the growing awareness about environmental pollution has led many companies towards adopting green technologies such as electric vehicles which are less harmful for environment than diesel-powered vehicles. The three fork electric lift truck segment accounted for the largest share of the global market in 2018 owing to its high demand among small and medium enterprises (SMEs). This segment is expected to maintain its dominance throughout the forecast period owing to its low cost and easy operation features which make it suitable for SMEs that have limited budgets but require a vehicle with good lifting capacity. Asia Pacific was one of the fastest growing regions in terms of revenue generation during 2018 owing mainly due to increased adoption rates by various industries such as factories, warehouses, stations and ports across countries such as China and India.

Some Of The Growth Factors Of This Market:

  1. The increasing demand for electric lift trucks is a major factor in the growth of the market.
  2. The increasing need for safety and efficiency in warehouses is also a major factor in the growth of the market.
  3. The increase in warehouse automation is also a major factor in the growth of this market, as it reduces labor costs and increases productivity levels.
  4. Increasing investments by governments to improve infrastructure are also driving this market's growth, as they are expected to lead to increased demand for electric lift trucks over time due to their ability to reduce fuel consumption and emissions levels from vehicles on roads and highways, which will help reduce traffic congestion levels on these roads and highways over time as well as improve air quality levels across cities around the world that have high traffic congestion rates or high air pollution rates due to vehicle emissions from cars on these roads or highways today.

Industry Growth Insights published a new data on “Electric Lift Trucks Market”. The research report is titled “Electric Lift Trucks Market research by Types (Three Fork Electric Lift Trucks, Four Fork Electric Lift Trucks, Other), By Applications (Factories, Warehouses, Stations, Ports, Airports), By Players/Companies Toyota, Kion, Jungheinrich, Hyster-Yale, Crown, Mitsubishi Nichiyu, UniCarriers, Anhui Heli, Hangcha, Komatsu, Clark, Doosan, Hyundai, EP, Lonking, Combilift, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce, Paletrans, Sroka Inc., Raymond, RICO”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Electric Lift Trucks Market Research Report

By Type

Three Fork Electric Lift Trucks, Four Fork Electric Lift Trucks, Other

By Application

Factories, Warehouses, Stations, Ports, Airports

By Companies

Toyota, Kion, Jungheinrich, Hyster-Yale, Crown, Mitsubishi Nichiyu, UniCarriers, Anhui Heli, Hangcha, Komatsu, Clark, Doosan, Hyundai, EP, Lonking, Combilift, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce, Paletrans, Sroka Inc., Raymond, RICO

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

244

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Electric Lift Trucks Industry Outlook


Global Electric Lift Trucks Market Report Segments:

The global Electric Lift Trucks market is segmented on the basis of:

Types

Three Fork Electric Lift Trucks, Four Fork Electric Lift Trucks, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Factories, Warehouses, Stations, Ports, Airports

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Toyota
  2. Kion
  3. Jungheinrich
  4. Hyster-Yale
  5. Crown
  6. Mitsubishi Nichiyu
  7. UniCarriers
  8. Anhui Heli
  9. Hangcha
  10. Komatsu
  11. Clark
  12. Doosan
  13. Hyundai
  14. EP
  15. Lonking
  16. Combilift
  17. Tailift Group
  18. Hubtex
  19. Hytsu Group
  20. Godrej & Boyce
  21. Paletrans
  22. Sroka Inc.
  23. Raymond
  24. RICO

Global Electric Lift Trucks Market Overview


Highlights of The Electric Lift Trucks Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Three Fork Electric Lift Trucks
    2. Four Fork Electric Lift Trucks
    3. Other
  1. By Application:

    1. Factories
    2. Warehouses
    3. Stations
    4. Ports
    5. Airports
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electric Lift Trucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Electric Lift Trucks Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Electric lift trucks are a type of truck that uses electricity to move objects. They are often used in warehouses and other large buildings to move heavy items.

Some of the key players operating in the electric lift trucks market are Toyota, Kion, Jungheinrich, Hyster-Yale, Crown, Mitsubishi Nichiyu, UniCarriers, Anhui Heli, Hangcha, Komatsu, Clark, Doosan, Hyundai, EP, Lonking, Combilift, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce, Paletrans, Sroka Inc., Raymond, RICO.

The electric lift trucks market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Electric Lift Trucks Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Electric Lift Trucks Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Electric Lift Trucks Market - Supply Chain
   4.5. Global Electric Lift Trucks Market Forecast
      4.5.1. Electric Lift Trucks Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Electric Lift Trucks Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Electric Lift Trucks Market Absolute $ Opportunity

5. Global Electric Lift Trucks Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Electric Lift Trucks Market Size and Volume Forecast by Type
      5.3.1. Three Fork Electric Lift Trucks
      5.3.2. Four Fork Electric Lift Trucks
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Electric Lift Trucks Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Electric Lift Trucks Market Size and Volume Forecast by Application
      6.3.1. Factories
      6.3.2. Warehouses
      6.3.3. Stations
      6.3.4. Ports
      6.3.5. Airports
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Electric Lift Trucks Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Electric Lift Trucks Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Electric Lift Trucks Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Electric Lift Trucks Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Electric Lift Trucks Demand Share Forecast, 2019-2026

9. North America Electric Lift Trucks Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Electric Lift Trucks Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Electric Lift Trucks Market Size and Volume Forecast by Application
      9.4.1. Factories
      9.4.2. Warehouses
      9.4.3. Stations
      9.4.4. Ports
      9.4.5. Airports
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Electric Lift Trucks Market Size and Volume Forecast by Type
      9.7.1. Three Fork Electric Lift Trucks
      9.7.2. Four Fork Electric Lift Trucks
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Electric Lift Trucks Demand Share Forecast, 2019-2026

10. Latin America Electric Lift Trucks Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Electric Lift Trucks Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Electric Lift Trucks Market Size and Volume Forecast by Application
      10.4.1. Factories
      10.4.2. Warehouses
      10.4.3. Stations
      10.4.4. Ports
      10.4.5. Airports
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Electric Lift Trucks Market Size and Volume Forecast by Type
      10.7.1. Three Fork Electric Lift Trucks
      10.7.2. Four Fork Electric Lift Trucks
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Electric Lift Trucks Demand Share Forecast, 2019-2026

11. Europe Electric Lift Trucks Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Electric Lift Trucks Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Electric Lift Trucks Market Size and Volume Forecast by Application
      11.4.1. Factories
      11.4.2. Warehouses
      11.4.3. Stations
      11.4.4. Ports
      11.4.5. Airports
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Electric Lift Trucks Market Size and Volume Forecast by Type
      11.7.1. Three Fork Electric Lift Trucks
      11.7.2. Four Fork Electric Lift Trucks
      11.7.3.Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Electric Lift Trucks Demand Share, 2019-2026

12. Asia Pacific Electric Lift Trucks Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Electric Lift Trucks Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Electric Lift Trucks Market Size and Volume Forecast by Application
      12.4.1. Factories
      12.4.2. Warehouses
      12.4.3. Stations
      12.4.4. Ports
      12.4.5. Airports
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Electric Lift Trucks Market Size and Volume Forecast by Type
      12.7.1. Three Fork Electric Lift Trucks
      12.7.2. Four Fork Electric Lift Trucks
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Electric Lift Trucks Demand Share, 2019-2026

13. Middle East & Africa Electric Lift Trucks Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Electric Lift Trucks Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Electric Lift Trucks Market Size and Volume Forecast by Application
      13.4.1. Factories
      13.4.2. Warehouses
      13.4.3. Stations
      13.4.4. Ports
      13.4.5. Airports
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Electric Lift Trucks Market Size and Volume Forecast by Type
      13.7.1. Three Fork Electric Lift Trucks
      13.7.2. Four Fork Electric Lift Trucks
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Electric Lift Trucks Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Electric Lift Trucks Market: Market Share Analysis
   14.2. Electric Lift Trucks Distributors and Customers
   14.3. Electric Lift Trucks Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Toyota
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Kion
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Jungheinrich
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Hyster-Yale
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Crown
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Mitsubishi Nichiyu
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. UniCarriers
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Anhui Heli
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Hangcha
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Komatsu
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Clark
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Doosan
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Hyundai
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. EP
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Lonking
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Combilift
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Tailift Group
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Hubtex
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Hytsu Group
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Godrej & Boyce
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us