Industrial Vehicles Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Industrial Vehicles market is expected to grow at a CAGR of 3.2% during the forecast period.
The global Industrial Vehicles market is estimated to be about 21021.5 million US dollars in 2020.
The global Industrial Vehicles market is estimated to reach 23858.0 million USD by 2026.
The global Industrial Vehicles market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Industrial Vehicles market will be able to gain an advantage as they use reports as a powerful resource.
Industrial Vehicles markets by category
Forklifts
Tow Tractors
Aisle Trucks
Container Handlers
Industrial Vehicles Market by Application (Percentage of Demand)
Industrial Applications
Cargo Applications
Who are the leading companies in Industrial Vehicles
Hyster-Yale Materials Handling
Jungheinrich
KION GROUP
Konecranes
TOYOTA INDUSTRIES
Anhui Heli Industrial Vehicle
Cargotec
Crown Equipment
Daifuku
Hangcha
Hyundai Construction Equipment Europe
Manituo
MITSUBISHI LOGISNEXT
Ross Electric Vehicles
SSI SCHAEFER
Taylor-Dunn
Industrial Vehicles markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Industrial Vehicles.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Industrial Vehicles Revenue and Growth Forecast 2014-2026
2.2 Global Industrial Vehicles Market Size and Growth Forecast 2014-2026
2.3 Global Industrial Vehicles Revenue by Region 2014-2026
2.4 Industrial Vehicles Market Share by Major Regions 2014-2021
2.5 Industrial Vehicles Gross Margin in Different Region 2014-2021
2.6 Global Industrial Vehicles Market History Price and Forecast 2014-2026
2.7 Global Industrial Vehicles Sales Market Share by Top Companies 2014-2021
3 Global Industrial Vehicles Market by Type
3.1 Global Industrial Vehicles Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Industrial Vehicles Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Industrial Vehicles Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Forklifts
3.4.2 Tow Tractors
3.4.3 Aisle Trucks
3.4.4 Container Handlers
4 Global Industrial Vehicles Market by Application
4.1 Global Industrial Vehicles Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Industrial Vehicles Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Industrial Applications
4.3.2 Cargo Applications
5 North America Industrial Vehicles Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Industrial Vehicles Value ($) from 2014-2021
5.2 North America Industrial Vehicles Market Size from 2014-2021
5.3 North America Industrial Vehicles Price Change from 2014-2021
5.4 North America Industrial Vehicles Import and Export from 2014-2021
5.5 North America Industrial Vehicles Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Industrial Vehicles Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Industrial Vehicles Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Industrial Vehicles Participants Value ($) and Market Share (%) in 2020
6 Europe Industrial Vehicles Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Industrial Vehicles Value ($) from 2014-2021
6.2 Europe Industrial Vehicles Market Size from 2014-2021
6.3 Europe Industrial Vehicles Price Change from 2014-2021
6.4 Europe Industrial Vehicles Import and Export from 2014-2021
6.5 Europe Industrial Vehicles Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Industrial Vehicles Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Industrial Vehicles Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Industrial Vehicles Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Industrial Vehicles Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Industrial Vehicles Value ($) from 2014-2021
7.2 Asia-Pacific Industrial Vehicles Market Size from 2014-2021
7.3 Asia-Pacific Industrial Vehicles Price Change from 2014-2021
7.4 Asia-Pacific Industrial Vehicles Import and Export from 2014-2021
7.5 Asia-Pacific Industrial Vehicles Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Industrial Vehicles Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Industrial Vehicles Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Industrial Vehicles Participants Value ($) and Market Share (%) in 2020
8 Latin America Industrial Vehicles Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Industrial Vehicles Value ($) from 2014-2021
8.2 Latin America Industrial Vehicles Market Size from 2014-2021
8.3 Latin America Industrial Vehicles Price Change from 2014-2021
8.4 Latin America Industrial Vehicles Import and Export from 2014-2021
8.5 Latin America Industrial Vehicles Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Industrial Vehicles Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Industrial Vehicles Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Industrial Vehicles Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Industrial Vehicles Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Industrial Vehicles Value ($) from 2014-2021
9.2 Middle East & Africa Industrial Vehicles Market Size from 2014-2021
9.3 Middle East & Africa Industrial Vehicles Price Change from 2014-2021
9.4 Middle East & Africa Industrial Vehicles Import and Export from 2014-2021
9.5 Middle East & Africa Industrial Vehicles Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Industrial Vehicles Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Industrial Vehicles Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Industrial Vehicles Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Hyster-Yale Materials Handling
10.1.1 Hyster-Yale Materials Handling Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Hyster-Yale Materials Handling Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Hyster-Yale Materials Handling Value and Growth Change from 2014-2021
10.1.4 Hyster-Yale Materials Handling Price Change from 2014-2021
10.1.5 Hyster-Yale Materials Handling Product Offered
10.2 Jungheinrich
10.2.1 Jungheinrich Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Jungheinrich Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Jungheinrich Value and Growth Change from 2014-2021
10.2.4 Jungheinrich Price Change from 2014-2021
10.2.5 Jungheinrich Product Offered
10.3 KION GROUP
10.3.1 KION GROUP Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 KION GROUP Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 KION GROUP Value and Growth Change from 2014-2021
10.3.4 KION GROUP Price Change from 2014-2021
10.3.5 KION GROUP Product Offered
10.4 Konecranes
10.4.1 Konecranes Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Konecranes Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Konecranes Value and Growth Change from 2014-2021
10.4.4 Konecranes Price Change from 2014-2021
10.4.5 Konecranes Product Offered
10.5 TOYOTA INDUSTRIES
10.5.1 TOYOTA INDUSTRIES Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 TOYOTA INDUSTRIES Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 TOYOTA INDUSTRIES Value and Growth Change from 2014-2021
10.5.4 TOYOTA INDUSTRIES Price Change from 2014-2021
10.5.5 TOYOTA INDUSTRIES Product Offered
10.6 Anhui Heli Industrial Vehicle
10.6.1 Anhui Heli Industrial Vehicle Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Anhui Heli Industrial Vehicle Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Anhui Heli Industrial Vehicle Value and Growth Change from 2014-2021
10.6.4 Anhui Heli Industrial Vehicle Price Change from 2014-2021
10.6.5 Anhui Heli Industrial Vehicle Product Offered
10.7 Cargotec
10.7.1 Cargotec Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Cargotec Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Cargotec Value and Growth Change from 2014-2021
10.7.4 Cargotec Price Change from 2014-2021
10.7.5 Cargotec Product Offered
10.8 Crown Equipment
10.8.1 Crown Equipment Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Crown Equipment Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Crown Equipment Value and Growth Change from 2014-2021
10.8.4 Crown Equipment Price Change from 2014-2021
10.8.5 Crown Equipment Product Offered
10.9 Daifuku
10.9.1 Daifuku Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Daifuku Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Daifuku Value and Growth Change from 2014-2021
10.9.4 Daifuku Price Change from 2014-2021
10.9.5 Daifuku Product Offered
10.10 Hangcha
10.10.1 Hangcha Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Hangcha Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Hangcha Value and Growth Change from 2014-2021
10.10.4 Hangcha Price Change from 2014-2021
10.10.5 Hangcha Product Offered
10.11 Hyundai Construction Equipment Europe
10.11.1 Hyundai Construction Equipment Europe Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Hyundai Construction Equipment Europe Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Hyundai Construction Equipment Europe Value and Growth Change from 2014-2021
10.11.4 Hyundai Construction Equipment Europe Price Change from 2014-2021
10.11.5 Hyundai Construction Equipment Europe Product Offered
10.12 Manituo
10.12.1 Manituo Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Manituo Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Manituo Value and Growth Change from 2014-2021
10.12.4 Manituo Price Change from 2014-2021
10.12.5 Manituo Product Offered
10.13 MITSUBISHI LOGISNEXT
10.13.1 MITSUBISHI LOGISNEXT Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 MITSUBISHI LOGISNEXT Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 MITSUBISHI LOGISNEXT Value and Growth Change from 2014-2021
10.13.4 MITSUBISHI LOGISNEXT Price Change from 2014-2021
10.13.5 MITSUBISHI LOGISNEXT Product Offered
10.14 Ross Electric Vehicles
10.14.1 Ross Electric Vehicles Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Ross Electric Vehicles Sales, Value, Gross and Gross Margin from 2014-2021
10.14.3 Ross Electric Vehicles Value and Growth Change from 2014-2021
10.14.4 Ross Electric Vehicles Price Change from 2014-2021
10.14.5 Ross Electric Vehicles Product Offered
10.15 SSI SCHAEFER
10.15.1 SSI SCHAEFER Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 SSI SCHAEFER Sales, Value, Gross and Gross Margin from 2014-2021
10.15.3 SSI SCHAEFER Value and Growth Change from 2014-2021
10.15.4 SSI SCHAEFER Price Change from 2014-2021
10.15.5 SSI SCHAEFER Product Offered
10.16 Taylor-Dunn
10.16.1 Taylor-Dunn Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.16.2 Taylor-Dunn Sales, Value, Gross and Gross Margin from 2014-2021
10.16.3 Taylor-Dunn Value and Growth Change from 2014-2021
10.16.4 Taylor-Dunn Price Change from 2014-2021
10.16.5 Taylor-Dunn Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Industrial Vehicles by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Industrial Vehicles Market from 2020-2026
12.1 Future Forecast of Global Industrial Vehicles Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Industrial Vehicles Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Industrial Vehicles Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Research Methodology:
Industrial Vehicles Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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