Press release
Electric Forklift Market Outlook with Company Profiles – Toyota, Kion Group AG, Jungheinrich AG, Hyster-Yale Materials Handling, Crown Equipment, Mitsubishi Nichiyu, UniCarriers Corp, Komatsu and More
Compared with internal combustion forklifts, electric forklifts have advantages such as less pollution, easier to operate and higher energy efficiency. Along with the development of economy and the enhancement of environmental protection consciousness, the industry of electric forklift has experienced a rapid growth.
For industry structure analysis, the Electric Forklift industry is concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 62.62% of the revenue market.
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Europe occupied 28.76% of the sales market in 2015. It is followed by North America and China, which respectively account for around 24.89% and 17.68% of the global total industry. Japan had a bit smaller sales market than those areas, which took about 16.98% of the global sales volume in 2015.
For price trend analysis, a key variable in the performance of Electric Forklift producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Over the next five years, the research study projects that Electric Forklift will register a 5.4% CAGR in terms of revenue, reach US$ 19600 million by 2023, from US$ 14300 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Forklift market by product type, application, key manufacturers and key regions. To calculate the market size, Study report considers value and volume generated from the sales of the following segments: Segmentation by product type are Electric Counterbalance Forklift Trucks, Electric Pallet Trucks, Electric Reach Trucks, Electric Stackers and Others. Also segmentation by application are Factory, Harbor, Airport and Others.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered 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, Hangcha, Doosan Industrial Vehicles, Hyundai Heavy Industries, Combilift Ltd, Lonking, Tailift Group, Hubtex, Hytsu Group and Godrej & Boyce.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Related Report:
Global Rough Terrain Forklift Market Research Report 2018
This report studies the global Rough Terrain Forklift market status and forecast, categorizes the global Rough Terrain Forklift market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
The major manufacturers covered in this report such as LIFTKING Manufacturing Corp., ForConstructionPros, Harlo Products Forklifts, J C Bamford Excavators Ltd, Vmax and Performance People.
Read More: https://www.researchbeam.com/global-rough-terrain-forklift-research-report-2018-market?utm_source=OPR&utm_medium=CC
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