Electric Forklift refers to a powered industrial truck used to lift and move materials short distances, which is powered by electricity. Majority of electric forklifts are powered by batteries, which are used as source power to drive the motor driving motor and hydraulic systems to travel and load and unload operations.
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.
Scope of the Report:
This report focuses on the Electric Forklift in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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.
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.
The worldwide market for Electric Forklift is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 19600 million US$ in 2023, from 14300 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Kion Group AG
Hyster-Yale Materials Handling
Clark Material Handling Company
Doosan Industrial Vehicles
Hyundai Heavy Industries
Godrej & Boyce
Market Segment by Regions, regional analysis covers
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, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electric Counterbalance Forklift Trucks
Electric Pallet Trucks
Electric Reach Trucks
Market Segment by Applications, can be divided into
There are 15 Chapters to deeply display the global Electric Forklift market.
Chapter 1, to describe Electric Forklift Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Electric Forklift, with sales, revenue, and price of Electric Forklift, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Electric Forklift, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Electric Forklift market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Electric Forklift sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source