Electric Forklift Truck Market Growing Massively by 2022-2028 Major Players: Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment

The Global Electric Forklift Truck Market Market Research Report Forecast 2022 – 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Electric Forklift Truck data that enhances the understanding, scope, and application of this report. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry.

The global Electric Forklift Truck market size will reach USD 28130 million in 2028, growing at a CAGR of 4.8% over the analysis period.

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The study includes market share analysis and profiles of players such as– Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Clark Material Handling, Doosan Corporation Industrial Vehicle, Komatsu, Lonking, Hyundai Heavy Industries, EP Equipment, Manitou, Paletrans Equipment, Combilift, Hubtex Maschinenbau, Godrej & Boyce.

Industry News and Update:

In July 2021, Hangcha has launched its new XH series 2.0t-3.5t electric forklift truck with high voltage lithium-ion batteries. these trucks are integrated with high voltage lithium batteries, which can be fully charged within one hour and perform up to 12 hours. Furthermore, with a rapid charging facility, these can be charged during regular work breaks, which will run for the entire day with no extra battery exchange.

In July 2021, KION Group AG has set up a new industrial truck plant in the Polish town of Kołbaskowo, near Szczecin. The site will produce counterbalance trucks for all brand companies within the KION Industrial Trucks & Services segment.

In May 2021, Jungheinrich has unveiled its new electric pallet truck ERD 220i. The new ERD 220i has L2 dimension of just 1,065 mm and is, therefore, the most compact truck in its class. Compared to its predecessor, the 220i is more than 300mm shorter thanks to its new lithium-ion battery concept, which results in a space reduction of approximately 25 percent.

In April 2021, Godrej Material Handing has launched the new Uno Electric Forklift truck. With advanced ergonomics, augmented safety, improved visibility, and a longer runtime on every charge, the new Uno Electric Forklift is a workhorse in the 1.5 to 3-tonne forklift category. Its performance is near comparable to a diesel forklift in the same tonnage category.

In January 2021, Doosan has launched the NX Plus Series – an enhanced low-cost range of four-wheel Diesel and LPG powered counterbalance forklift trucks – the successor to Doosan’s popular entry-level GX Series. Designed to offer occasional users and small-to-medium size enterprises (SMEs) a reliable low-cost ‘buy new’ alternative to purchasing a second-hand or reconditioned forklift truck, the all-new NX Plus offers simple, powerful performance with lower maintenance costs than the GX Series.

This report segments the global Electric Forklift Truck market on the basis of Types are:

Class 1 Forklift Trucks

Class 2 Forklift Trucks

Class 3 Forklift Trucks

Class 4/5 Forklift Trucks

On the basis of Application, the Global Electric Forklift Truck market is segmented into:

Warehouses

Factories

Distribution Centers

Others

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Electric Forklift Truck market.

The regional analysis is exclusively focused in the report:

– North America (United States, Canada and Mexico),

– Europe (Germany, France, UK, Russia and Italy),

– Asia-Pacific (China, Japan, Korea, India and Southeast Asia),

– South America (Brazil, Argentina, etc.),

– Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

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The study objectives of this report are:

To study and analyze the global Electric Forklift Truck size (value and volume) by the company, key regions/countries, products and application, history data from 2021 to 2027, and forecast to 2028.
To understand the structure of Electric Forklift Truck by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Electric Forklift Truck manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Electric Forklift Truck with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Electric Forklift Truck submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Major Points Covered in Table of Contents: 

– Overview of Electric Forklift Truck Market
– Global Market Status and Forecast by Regions
– Global Market Status and Forecast by Types
– Global Market Status and Forecast by Downstream Industry
– Market Driving Factor Analysis
– Market Competition Status by Major Manufacturers
– Major Manufacturers Introduction and Market Data
– Upstream and Downstream Market Analysis
– Cost and Gross Margin Analysis
– Marketing Status Analysis
– Market Report Conclusion
– Research Methodology and Reference

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