Market Overview:
The global container forklift truck market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for container forklift trucks from various end-use industries, such as large scale ports, small scale ports and others. Additionally, the growing adoption of electric forklift trucks is also propelling the growth of this market. However, volatility in prices of raw materials used in manufacturing these vehicles may hamper the market growth to some extent during the forecast period. Based on type, electric forklift truck segment is projected to witness highest CAGR during 2018-2030 owing to its low emissions and easy operability across different terrains when compared with diesel counterparts.
Product Definition:
Container Forklift Truck is a type of forklift truck used specifically for handling and moving ISO containers. Container Forklift Truck are very important in the handling and transportation of goods, as they allow for the efficient movement of large quantities of cargo.
Electric Forklift Truck:
An electric forklift truck is a powered industrial equipment used to lift and transport materials in bulk. They are widely used in warehouses, manufacturing plants, ports and other material handling industries. The global market for container forklift trucks is expected to witness significant growth over the forecast period owing to growing trade activities across the world coupled with increasing demand from e-commerce industry.
The market for electric forklifts was estimated at USD 10 billion in 2015.
Diesel Forklift Truck:
Diesel forklift truck is a type of lift truck that uses diesel fuel as its power source. It is primarily used for loading and unloading goods from warehouses, ports, and production facilities to delivery points. Diesel forklifts are equipped with high strength steel tires so that they can operate on any surface without fail. They are also equipped with powerful engines so that they have better stability while operating on the floor.
Application Insights:
The large-scale port application segment accounted for the largest market share of over 40% in 2017. The growth is attributed to the expansion of existing container handling facilities, which require frequent forklift trucks. Large-scale ports are majorly concentrated in Asia Pacific and Middle East & Africa regions, where as small scale ports are mostly found in North America region.
Small scale ports mainly handle domestic shipments within a country or an immediate surrounding area. These types of terminals primarily serve smaller cities or rural areas with limited road access and low vehicle availability at sea due to their remote location from landside sources such as electricity supply etc., Hence these types of terminals need lightweight equipment that can be easily transported on roads leading to an increase demand for electric vehicles among others globally owing to their compact size and ease of transportation on roadsides compared to diesel powered trucks which can be used at such places without any problems regarding power supply etc.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing trade activities, coupled with rising investments from foreign players. Furthermore, growing industrialization and rapid urbanization have resulted in an increased demand for efficient transportation facilities within the region.
The Latin American market is anticipated to witness significant growth over the forecast period owing to increasing government initiatives pertaining to trade facilitation programs across various ports of Brazil, Argentina, Chile and Peru among others. In addition, these countries are also focusing on developing their tourism sector by including cruise ships in their port plans which will lead to an increase in demand for forklifts used for unloading/ loading cargo at a port as well as inland transportations between ports. This factor will further boost industry expansion within this region during the forecast period to 2030 ending CAGR of XX%.
Growth Factors:
- Increasing demand for container forklift trucks from the e-commerce sector due to the growth of online retailing.
- Rising demand for container forklift trucks from the automotive sector due to increasing production of automobiles.
- Growing demand for container forklift trucks in developing countries due to their expanding economies and rising industrial output.
- Increasing use of container forklift trucks in warehouses and distribution centers owing to the growth of online retailing and globalization of supply chains.
Scope Of The Report
Report Attributes
Report Details
Report Title
Container Forklift Truck Market Research Report
By Type
Electric Forklift Truck, Diesel Forklift Truck
By Application
Large Scale Port, Small Scale Port, Others
By Companies
Konecranes, Hyster, Toyota Forklifts, Hoist Liftruck, Kalmar, SANY, HYTSU GROUP, Anhui HeLi
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Container Forklift Truck Market Report Segments:
The global Container Forklift Truck market is segmented on the basis of:
Types
Electric Forklift Truck, Diesel Forklift Truck
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
Large Scale Port, Small Scale Port, Others
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:
- Konecranes
- Hyster
- Toyota Forklifts
- Hoist Liftruck
- Kalmar
- SANY
- HYTSU GROUP
- Anhui HeLi
Highlights of The Container Forklift Truck Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Forklift Truck
- Diesel Forklift Truck
- By Application:
- Large Scale Port
- Small Scale Port
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Container Forklift Truck 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A container forklift truck is a specialized truck used to move containers. It has a forklift attached to the front, allowing it to lift and transport containers easily.
Some of the major players in the container forklift truck market are Konecranes, Hyster, Toyota Forklifts, Hoist Liftruck, Kalmar, SANY, HYTSU GROUP, Anhui HeLi.
The container forklift truck market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Container Forklift Truck Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Container Forklift Truck Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Container Forklift Truck Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Container Forklift Truck Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Container Forklift Truck Market Size & Forecast, 2020-2028
4.5.1 Container Forklift Truck Market Size and Y-o-Y Growth
4.5.2 Container Forklift Truck Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Electric Forklift Truck
5.2.2 Diesel Forklift Truck
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Large Scale Port
6.2.2 Small Scale Port
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Container Forklift Truck Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Container Forklift Truck Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Electric Forklift Truck
9.6.2 Diesel Forklift Truck
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Large Scale Port
9.10.2 Small Scale Port
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Electric Forklift Truck
10.6.2 Diesel Forklift Truck
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Large Scale Port
10.10.2 Small Scale Port
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Electric Forklift Truck
11.6.2 Diesel Forklift Truck
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Large Scale Port
11.10.2 Small Scale Port
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Electric Forklift Truck
12.6.2 Diesel Forklift Truck
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Large Scale Port
12.10.2 Small Scale Port
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Electric Forklift Truck
13.6.2 Diesel Forklift Truck
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Large Scale Port
13.10.2 Small Scale Port
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Container Forklift Truck Market: Competitive Dashboard
14.2 Global Container Forklift Truck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Konecranes
14.3.2 Hyster
14.3.3 Toyota Forklifts
14.3.4 Hoist Liftruck
14.3.5 Kalmar
14.3.6 SANY
14.3.7 HYTSU GROUP
14.3.8 Anhui HeLi
