Market Overview:
The global side loading forklifts 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 forklifts and rising adoption of these forklifts in warehouses, factories, and distribution centers. North America is expected to lead the global side loading forklift market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A side loading forklift is a type of forklift that is specifically designed to move pallets or other loads from the side of the vehicle. This type of forklift is often used in warehouses and other industrial settings where it is necessary to move large loads around a facility.
Electric Forklift:
Electric forklifts are used for loading and unloading materials from a storage facility or production line. They are also known as powered industrial trucks or electric pallet jack. The material handling equipment can be of various types including single unit, double unit, triple unit etc., based on the number of wheels and load capacity they can carry.
Internal Combustion Forklift:
An internal combustion forklift is a powered industrial truck that uses an internal combustion engine and a mechanical drive system to move materials. The IC forklift has the ability to lift up to 4,500 pounds of material at once. They are primarily used for loading and unloading goods from shipping containers or trailers at warehouses, distribution centers, ports or manufacturing plants.
Application Insights:
The warehouses segment dominated the global side loading forklifts market in 2017. The growth can be attributed to the increasing demand for storage and logistics services. As per a study by GLS, Inc., the warehousing industry in China has grown at a rate of 19% from 2010 to 2015 owing to increased production and domestic consumption coupled with an increase in foreign trade activities. This factor is expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global side loading forklifts market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from distribution centers, rapid industrialization, and growing population. China is one of the major markets contributing towards regional growth as it has a large number of manufacturers catering to various industries such as food & beverage, pharmaceuticals, automotive etc.
Europe held a considerable share in terms of revenue due to high adoption rate for advanced technology driven products within countries such as Germany and U.K.
Growth Factors:
- Increasing demand for Side Loading Forklifts in the e-commerce sector for order fulfillment and delivery.
- Rising demand from the automotive sector for handling and transporting heavy parts and components.
- Growing popularity of Side Loading Forklifts among small businesses due to their low cost and easy maneuverability.
- Increasing use of Side Loading Forklifts in warehousing and logistics operations for handling a wide variety of materials.
- Proliferation of automated material handling systems that require side loading forklift trucks to move goods around the warehouse
Scope Of The Report
Report Attributes
Report Details
Report Title
Side Loading Forklifts Market Research Report
By Type
Electric Forklift, Internal Combustion Forklift
By Application
Warehouses, Factories, Distribution Centers, Others
By Companies
HITACHI, VOLVO, Liebherr, XCMG, SANY, KOMATSU, Xiamen XGMA Machinery, Bulmor Lancer, Combilift, Shanghai Hytger Industry & Trade Co., Ltd, Hangzhou Noelift Equipment, MIMA, Hangcha Group Co., Ltd., Hafe International Limited, Shanghai M.Touch Road Mechanical Equipment Co.,Ltd, VKP, Heli Balkans
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Side Loading Forklifts Market Report Segments:
The global Side Loading Forklifts market is segmented on the basis of:
Types
Electric Forklift, Internal Combustion Forklift
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
Warehouses, Factories, Distribution Centers, 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:
- HITACHI
- VOLVO
- Liebherr
- XCMG
- SANY
- KOMATSU
- Xiamen XGMA Machinery
- Bulmor Lancer
- Combilift
- Shanghai Hytger Industry & Trade Co., Ltd
- Hangzhou Noelift Equipment
- MIMA
- Hangcha Group Co., Ltd.
- Hafe International Limited
- Shanghai M.Touch Road Mechanical Equipment Co.,Ltd
- VKP
- Heli Balkans
Highlights of The Side Loading Forklifts 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
- Internal Combustion Forklift
- By Application:
- Warehouses
- Factories
- Distribution Centers
- 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 Side Loading Forklifts 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.
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- 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?
Side loading forklifts are a type of forklift that load goods onto pallets from the side instead of the front. This allows for a more efficient use of space, as well as easier access to difficult-to-reach areas.
Some of the major companies in the side loading forklifts market are HITACHI, VOLVO, Liebherr, XCMG, SANY, KOMATSU, Xiamen XGMA Machinery, Bulmor Lancer, Combilift, Shanghai Hytger Industry & Trade Co., Ltd, Hangzhou Noelift Equipment, MIMA, Hangcha Group Co., Ltd., Hafe International Limited, Shanghai M.Touch Road Mechanical Equipment Co.,Ltd, VKP, Heli Balkans.
The side loading forklifts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Side Loading Forklifts 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. Side Loading Forklifts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Side Loading Forklifts Market - Supply Chain
4.5. Global Side Loading Forklifts Market Forecast
4.5.1. Side Loading Forklifts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Side Loading Forklifts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Side Loading Forklifts Market Absolute $ Opportunity
5. Global Side Loading Forklifts 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. Side Loading Forklifts Market Size and Volume Forecast by Type
5.3.1. Electric Forklift
5.3.2. Internal Combustion Forklift
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Side Loading Forklifts 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. Side Loading Forklifts Market Size and Volume Forecast by Application
6.3.1. Warehouses
6.3.2. Factories
6.3.3. Distribution Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Side Loading Forklifts 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. Side Loading Forklifts 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 Side Loading Forklifts 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. Side Loading Forklifts 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 Side Loading Forklifts Demand Share Forecast, 2019-2026
9. North America Side Loading Forklifts 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 Side Loading Forklifts 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 Side Loading Forklifts Market Size and Volume Forecast by Application
9.4.1. Warehouses
9.4.2. Factories
9.4.3. Distribution Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Side Loading Forklifts Market Size and Volume Forecast by Type
9.7.1. Electric Forklift
9.7.2. Internal Combustion Forklift
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 Side Loading Forklifts Demand Share Forecast, 2019-2026
10. Latin America Side Loading Forklifts 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 Side Loading Forklifts 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 Side Loading Forklifts Market Size and Volume Forecast by Application
10.4.1. Warehouses
10.4.2. Factories
10.4.3. Distribution Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Side Loading Forklifts Market Size and Volume Forecast by Type
10.7.1. Electric Forklift
10.7.2. Internal Combustion Forklift
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 Side Loading Forklifts Demand Share Forecast, 2019-2026
11. Europe Side Loading Forklifts 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 Side Loading Forklifts 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 Side Loading Forklifts Market Size and Volume Forecast by Application
11.4.1. Warehouses
11.4.2. Factories
11.4.3. Distribution Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Side Loading Forklifts Market Size and Volume Forecast by Type
11.7.1. Electric Forklift
11.7.2. Internal Combustion Forklift
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projection 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 Side Loading Forklifts Demand Share, 2019-2026
12. Asia Pacific Side Loading Forklifts 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 Side Loading Forklifts 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 Side Loading Forklifts Market Size and Volume Forecast by Application
12.4.1. Warehouses
12.4.2. Factories
12.4.3. Distribution Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Side Loading Forklifts Market Size and Volume Forecast by Type
12.7.1. Electric Forklift
12.7.2. Internal Combustion Forklift
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 Side Loading Forklifts Demand Share, 2019-2026
13. Middle East & Africa Side Loading Forklifts 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 Side Loading Forklifts 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 Side Loading Forklifts Market Size and Volume Forecast by Application
13.4.1. Warehouses
13.4.2. Factories
13.4.3. Distribution Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Side Loading Forklifts Market Size and Volume Forecast by Type
13.7.1. Electric Forklift
13.7.2. Internal Combustion Forklift
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 Side Loading Forklifts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Side Loading Forklifts Market: Market Share Analysis
14.2. Side Loading Forklifts Distributors and Customers
14.3. Side Loading Forklifts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HITACHI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VOLVO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Liebherr
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. XCMG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SANY
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KOMATSU
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Xiamen XGMA Machinery
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bulmor Lancer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Combilift
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Hytger Industry & Trade Co., Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hangzhou Noelift Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MIMA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hangcha Group Co., Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hafe International Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai M.Touch Road Mechanical Equipment Co.,Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. VKP
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Heli Balkans
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
