Global and China Forklift Industry Research Report - Emerging Trends, Industry Forecast, Segmentation and Top Technologies Analysis by Storage Logistics, Electric/Manufacturing and Automobile

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From the financial crisis to 2011, China’s forklift market experienced high growth. The market formed a three years increasing cycle since 2009. In 2015 it adjusted back to the developing level of 2013. The sales volume of forklift in China reached 236,976, which decreased 12% compared with the figure in 2014, and still being the largest forklift market in the world.

From the perspective of market structure, lifting tonnage of 3.0 to 5.0 accounts for over 80% of the total sales of internal combustion counterbalanced forklifts in China in 2015, while 1.2 to 2.0 lifting tonnage took majority of electric counterbalanced forklift sales. Storage logistics, electric/manufacturing and automobile still being the largest three downstream markets of forklift in 2015. Among which, storage logistics consumed 17.07% of total forklifts in China. Rental market still active though it only contributed less than 3% of total sales. Electric forklift rental market is mainly dominated by foreign brands, domestic brands have to compete in internal combustion forklift market. In 2018, forklift rental will take 7% of the total stock of forklifts in China.

Forklift Market in China
3.1 Overview
3.2 Production
3.2.1 Manufacturers
3.2.2 Output and Structure
3.3 Sale
3.3.1 Sales Volume
3.3.2 Sales Volume Structure
3.4 Cost Analysis
3.4.1 Purchase Cost
3.4.2 Usage Cost
3.4.3 Maintenance Cost
3.4.4 Battery and Overhaul Cost
3.4.5 Cost Comparison of Internal Combustion Forklift and Electric Forklift
3.4.6 Durable Years and Total Running Hours of Forklifts
3.5 Price
3.6 Import & Export
3.6.1 Import
3.6.2 Export
3.7 Regional Markets

4. Forklift Market Segments in China
4.1 Internal Combustion Forklift
4.1.1 Development
4.1.2 Key Manufacturers
4.2 Electric Forklift
4.2.1 Upstream Battery Market
4.2.1.1 Lead-acid Battery
4.2.1.2 Lithium Battery
4.2.2 Development
4.2.3 Major Products
4.2.4 Key Manufacturers
4.3 The Rental Market of Forklifts
4.3.1 Market Share
4.3.2 Price
4.3.3 Major Forklifts Rental Enterprises at Home and Abroad and Their Suppliers

5. Competitive Landscape of Forklift Market in China
5.1 Product Competition
5.2 Enterprise Competition
5.3 Regional Competition

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In the short term, the proportion of China’s electric forklift will steadily grow to 40% in 2020, which still has a gap compared with developed countries and regions. With the economic structural adjustment goes deeper, the situation of homogeneous and low price competition in China will gradually improve. The market will continue to subdivide, which contains opportunities for differentiated products and high-end products. After market services, including forklift rental, used forklift and fleet management will become additive profitable business for manufacturers and dealers.

Key Forklift Manufacturers in China
7.1 Anhui HeLi Co., Ltd
7.1.1 Company Profile
7.1.2 Operation
7.1.3 R&D
7.1.4 Development Strategy
7.2 Hangcha Group Co.,Ltd.
7.2.1 Company Profile
7.2.2 Operation
7.2.3 Major Clients
7.2.4 Development Strategy
7.3 Lonking (Shanghai) Forklift Co., Ltd.
7.3.1 Company Profile
7.3.2 Operation
7.3.3 R&D
7.4 Tailift Qingdao Co.,Ltd.
7.4.1 Company Profile
7.4.2 Operation
7.4.3 Development Strategy
7.5 Guangxi LiuGong Machinery Co., Ltd
7.5.1 Company Profile
7.5.2 Operation
7.5.3 Forklift Business
7.6 Sino-American-Zhejiang Maximal Foklift Co.,Ltd.
7.6.1 Company Profile
7.6.2 Operation
7.6.3 R&D
7.7 EP Equipment Co.,Ltd.
7.7.1 Company Profile
7.7.2 Operation
7.7.3 R&D
7.8 Anhui Jianghuai-Yinlian Heavy-Duty Construction Machine Co., Ltd.
7.8.1 Company Profile
7.8.2 Operation
7.8.3 R&D Capability
7.9 Dalian Forklift Co., Ltd.
7.9.1 Company Profile
7.9.2 Operation
7.9.3 R&D
7.10 Ningbo Ruyi Joint Stock Co., Ltd
7.10.1 Company Profile
7.10.2 Operation
7.11 Zhejiang Goodsense Forklift Co., Ltd.
7.11.1 Company Profile
7.11.2 Operation
7.11.3 R&D
7.12 Zhejiang Noblelift Equipment Joint Stock Co.,Ltd
7.12.1 Company Profile
7.12.2 Operation
7.12.3 Development Strategy
7.13 Zoomlion Anhui Industrial Vehicles Co., Ltd.
7.13.1 Company Profile
7.13.2 Operation
7.13.3 Development Strategy
7.14 Anhui Hecha Forklift Co., Ltd.
7.14.1 Company Profile
7.14.2 Operation
7.15 Hyundai (Beijing) Construction Machinery Co., Ltd.
7.15.1 Company Profile
7.15.2 Operation
7.16 Xiamen XGMA Machinery Co., Ltd.
7.16.1 Company Profile
7.16.2 Operation
7.16.3 Forklift Business
7.17 BYD Forklift (Shaoguan) Co., Ltd
7.17.1 Company Profile
7.17.2 Operation
7.17.3 R&D
7.18 Anhui TEU Forklift Co., Ltd.
7.18.1 Company Profile
7.18.2 Operation
7.19 Shandong Shantui Machinery Co., Ltd.
7.19.1 Company Profile
7.19.2 Operation
7.19.3 R&D
7.20 Other Enterprises
7.20.1 Hangzhou Good Friend Precision Machinery Co., Ltd.
7.20.2 YTO (Luoyang) transportation Machinery Co., Ltd.
7.20.3 Vita-Wheel Holdings Ltd.
7.20.4 Jiangsu Jingjiang Forklift Truck Co., Ltd.
7.20.5 Wuxi KIPOR Machinery Co., Ltd.
7.20.6 Shandong Wecan Technology Co., Ltd.
7.20.7 Hefei Banyitong Science & Technology Developing Co., Ltd
7.20.8 Zhejiang Huahe Forklift Co., Ltd.
7.20.9 Zhejiang UN Forklift Co., Ltd.
7.20.10 Suzhou Pioneer Logistics Equipment & Technology Co., Ltd.

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China’s domestic forklift market was slightly fluctuant due to the transformation of ‘Phase II Diesel Engine Discharge Standard ’ to ‘Phase III’. Manufacturers speed up to clean up the inventories. Export experienced slight increase in 2015.It is important to realize that the export growth of domestic brands has obviously slowed down and foreign brands achieved significant increase in export in recent years.

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