Get more information about the market: https://www.imarcgroup.com/forklift-trucks-market A forklift truck is an industrial machine that consists of two horizontal prongs for loading, unloading and transporting goods and materials over short distances. It is usually operated by a trained machinist and is either powered by electric batteries or combustion engines. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/forklift-trucks-market/requestsample For India market research reports, visit: http://www.marketresearchindia.co.in Contact Us IMARC Group 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com/ Email: sales@imarcgroup.com USA: +1-631-791-1145 Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group

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Global Forklift
Trucks Market
Research Report
and Forecast 2025
Report Edition: 2020
© 2020 IMARC All Rights Reserved

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3. Report DescriptionReport Description and Highlights
Global Forklift Trucks Market Overview:
A forklift truck includes two horizontal prongs to load, unload, and transport goods over short
distances. It is generally operated by a trained machinist and is powered by electric or combustion
engines. Forklift truck comprises of a truck frame, counterweight, forklift, carriage, and hydraulic
cylinder. These trucks are extensively used in warehouses, factories, and dockyards across various
industries.
Forklift Trucks Market Trends
The growing construction industry, along with rapid industrialization across the world, is driving the
forklift trucks market. Forklift trucks are efficient in handling heavy construction materials, such as
wood, steel, and mortar. Furthermore, growing warehouse establishments across both developed and
developing economies are also propelling the market growth. Forklift trucks help in laying and
retrieving loads from storage racks, delivering components to assembly lines, and positioning materials
for effective handling in distribution centers and warehouses. The market is also catalyzed by the
launch of various innovative trucks, such as fuel cell-powered forklift trucks for reducing carbon
footprints and enhancing operational efficiency. Several technological advancements, along with robust
R&D activities in the sector, are further anticipated to drive the forklift trucks market.

4. Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2012 2013 2014 2015 2016 2017 2018 2019
InBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2020 2021 2022 2023 2024 2025
InBillionUS$
Request for a free sample report: https://www.imarcgroup.com/forklift-trucks-market/requestsample

5. Report DescriptionReport Description and Highlights
Forklift Trucks Market Segmentation:
Breakup by Product Type:
• Counterbalanced Forklift Trucks
• Warehouse Forklift Trucks
Breakup by Technology:
• Electricity Powered
• Internal Combustion Engine Powered
Breakup by Class:
• Class I
• Class II
• Class III
• Class IV
• Class V

6. Report Description
Report Description and Highlights
Breakup by Application:
• Non-Industrial
• Warehouses and Distribution Centers
• Construction Sites
• Dockyards
• Snow Plows
• Industrial
• Manufacturing
• Recycling Operations
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

7. Report DescriptionReport Description and Highlights
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Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Clark Material Handling Company
• Crown Equipment Corporation
• Godrej & Boyce
• Hyster-Yale Materials Handling Inc.
• Hyundai Heavy Industries Co. Ltd.
• Jungheinrich
• KION Group
• Mitsubishi Forklift Trucks
• Toyota Industries Corporation

8. Report DescriptionReport Description and Highlights
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11. Report DescriptionReport Description and Highlights
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