Market Overview:
The global electric order picker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric order pickers from various end-use industries, such as factories, airports, and harbors. Additionally, the growing awareness about the benefits of using electric order pickers is also contributing to the growth of this market.
Product Definition:
An electric order picker is a type of forklift that uses electricity to power the lifting mechanism. This type of forklift is typically used in warehouses and distribution centers to move pallets and other large items. The electric order picker is an important piece of equipment in these settings because it can move heavy items quickly and easily.
5m Lift:
5m lift is a type of aerial device used to transfer material from one level to another using a chain or ropes. It is mainly used in warehouse and factory settings for loading and unloading materials. The global market size spans the application areas such as automotive, construction & mining, food & beverages, pharmaceuticals among others. The growing e-commerce industry has led to an increase in demand for warehousing and storage facilities which further propels the growth of 5m lift equipment globally.
8m Lift:
8m lift is a type of electric order picker used in automated guided vehicles (AGVs) for ascending and descending the loading zone. It is also known as AGV uplift or AGV raise. The 8-meter lift can carry up to 220 kg load and its usage varies according to the application requirements such as material handling, packaging, palletizing, loading & unloading from warehouse onto transport carriers or into trucks among others.
Application Insights:
The others application segment accounted for the largest market share of more than 40% in 2017. The order pickers are widely used at airports, harbors and other locations where large volumes of goods need to be transported. These devices help in reducing the time taken for loading and unloading operations as they offer a precise height adjustment facility while handling loads. They also reduce human efforts by automating tedious tasks such as picking up and setting down heavy objects, opening & closing doors, moving heavy furniture etc., thereby boosting their demand across various industries including automotive, retail etc.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to growing industrial automation and rising adoption of electric pallet trucks. Moreover, presence of key order picker manufacturers including Crown Equipment Corporation; Sargent Metalworking Inc.; and AGCO, Inc. will also help the regional market gain considerable growth over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing number of manufacturing facilities in emerging economies such as China and India along with other factors such as low labor cost and availability of skilled workforce at a convenient location which makes it suitable for manufacturing various types order picking equipment & components including 5m lift truck, 8m lift truck, 10m lift truck etc.
Growth Factors:
- Increasing demand for electric order pickers from the e-commerce sector
- Rising adoption of electric order pickers by small and medium enterprises (SMEs)
- Growing popularity of electric order pickers among end-users owing to their efficiency and productivity
- Proliferation of automated warehouses that require electric order pickers for material handling operations
- Technological advancements in the design and functionality of electric order pickers that are helping to boost their uptake
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Order Picker Market Research Report
By Type
5m Lift, 8m Lift, 10m Lift, Other
By Application
Factory, Harbor, Airport, Others
By Companies
Toyota, Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Crown Equipment, Mitsubishi Nichiyu, UniCarriers Corp, Komatsu, Anhui Heli, Clark Material Handling Company, Toyota, Doosan Industrial Vehicles, Hyundai Heavy Industries, Combilift Ltd, Lonking, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Electric Order Picker Market Report Segments:
The global Electric Order Picker market is segmented on the basis of:
Types
5m Lift, 8m Lift, 10m Lift, 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
Factory, Harbor, Airport, 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:
- Toyota
- Kion Group AG
- Jungheinrich AG
- Hyster-Yale Materials Handling
- Crown Equipment
- Mitsubishi Nichiyu
- UniCarriers Corp
- Komatsu
- Anhui Heli
- Clark Material Handling Company
- Toyota
- Doosan Industrial Vehicles
- Hyundai Heavy Industries
- Combilift Ltd
- Lonking
- Tailift Group
- Hubtex
- Hytsu Group
- Godrej & Boyce
Highlights of The Electric Order Picker 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:
- 5m Lift
- 8m Lift
- 10m Lift
- Other
- By Application:
- Factory
- Harbor
- Airport
- 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 Electric Order Picker 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
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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?
An electric order picker is a machine that helps customers place orders for food and beverage at restaurants. The customer uses the machine to select the items they want, and then the order is placed through an automated system.
Some of the key players operating in the electric order picker market are Toyota, Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Crown Equipment, Mitsubishi Nichiyu, UniCarriers Corp, Komatsu, Anhui Heli, Clark Material Handling Company, Toyota, Doosan Industrial Vehicles, Hyundai Heavy Industries, Combilift Ltd, Lonking, Tailift Group, Hubtex, Hytsu Group, Godrej & Boyce.
The electric order picker 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 Electric Order Picker 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 Electric Order Picker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Order Picker 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 Electric Order Picker 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 Electric Order Picker Market Size & Forecast, 2018-2028
4.5.1 Electric Order Picker Market Size and Y-o-Y Growth
4.5.2 Electric Order Picker Market Absolute $ Opportunity
Chapter 5 Global Electric Order Picker 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 Electric Order Picker Market Size Forecast by Type
5.2.1 5m Lift
5.2.2 8m Lift
5.2.3 10m Lift
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Order Picker 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 Electric Order Picker Market Size Forecast by Applications
6.2.1 Factory
6.2.2 Harbor
6.2.3 Airport
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Order Picker 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 Electric Order Picker 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 Electric Order Picker Analysis and Forecast
9.1 Introduction
9.2 North America Electric Order Picker 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 Electric Order Picker Market Size Forecast by Type
9.6.1 5m Lift
9.6.2 8m Lift
9.6.3 10m Lift
9.6.4 Other
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 Electric Order Picker Market Size Forecast by Applications
9.10.1 Factory
9.10.2 Harbor
9.10.3 Airport
9.10.4 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 Electric Order Picker Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Order Picker 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 Electric Order Picker Market Size Forecast by Type
10.6.1 5m Lift
10.6.2 8m Lift
10.6.3 10m Lift
10.6.4 Other
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 Electric Order Picker Market Size Forecast by Applications
10.10.1 Factory
10.10.2 Harbor
10.10.3 Airport
10.10.4 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 Electric Order Picker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Order Picker 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 Electric Order Picker Market Size Forecast by Type
11.6.1 5m Lift
11.6.2 8m Lift
11.6.3 10m Lift
11.6.4 Other
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 Electric Order Picker Market Size Forecast by Applications
11.10.1 Factory
11.10.2 Harbor
11.10.3 Airport
11.10.4 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 Electric Order Picker Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Order Picker 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 Electric Order Picker Market Size Forecast by Type
12.6.1 5m Lift
12.6.2 8m Lift
12.6.3 10m Lift
12.6.4 Other
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 Electric Order Picker Market Size Forecast by Applications
12.10.1 Factory
12.10.2 Harbor
12.10.3 Airport
12.10.4 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) Electric Order Picker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Order Picker 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) Electric Order Picker Market Size Forecast by Type
13.6.1 5m Lift
13.6.2 8m Lift
13.6.3 10m Lift
13.6.4 Other
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) Electric Order Picker Market Size Forecast by Applications
13.10.1 Factory
13.10.2 Harbor
13.10.3 Airport
13.10.4 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 Electric Order Picker Market: Competitive Dashboard
14.2 Global Electric Order Picker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyota
14.3.2 Kion Group AG
14.3.3 Jungheinrich AG
14.3.4 Hyster-Yale Materials Handling
14.3.5 Crown Equipment
14.3.6 Mitsubishi Nichiyu
14.3.7 UniCarriers Corp
14.3.8 Komatsu
14.3.9 Anhui Heli
14.3.10 Clark Material Handling Company
14.3.11 Toyota
14.3.12 Doosan Industrial Vehicles
14.3.13 Hyundai Heavy Industries
14.3.14 Combilift Ltd
14.3.15 Lonking
14.3.16 Tailift Group
14.3.17 Hubtex
14.3.18 Hytsu Group
14.3.19 Godrej & Boyce
