Electric Forklift Market (Updated Version Available)

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.
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 report offers detailed coverage of Electric Forklift industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Forklift by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Electric Forklift market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Electric Forklift market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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
Godrej & Boyce

At the same time, we classify Electric Forklift according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Electric Counterbalance Forklift Trucks
Electric Pallet Trucks
Electric Reach Trucks
Electric Stackers
Others
Market by Application
Factory
Harbor
Airport
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Electric Forklift market for the forecast period 2021 - 2025?
• What are the driving forces in the Electric Forklift market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Electric Forklift industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?