Lift Truck Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Lift Truck market is expected to grow at a CAGR of 3.6% during the forecast period.
The global Lift Truck market is estimated to be about 22428.1 million US dollars in 2020.
The global Lift Truck market is estimated to reach 25860.6 million USD by 2026.
The global Lift Truck market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Lift Truck market will be able to gain an advantage as they use reports as a powerful resource.
Lift Truck markets by category
Class 1 Forklift Trucks
Class 2 Forklift Trucks
Class 3 Forklift Trucks
Class 4/5 Forklift Trucks
Lift Truck Market by Application (Percentage of Demand)
Warehouses
Factories
Distribution Centers
Others
Who are the leading companies in Lift Truck
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
Lift Truck 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 Lift Truck.
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 Lift Truck Revenue and Growth Forecast 2014-2026
2.2 Global Lift Truck Market Size and Growth Forecast 2014-2026
2.3 Global Lift Truck Revenue by Region 2014-2026
2.4 Lift Truck Market Share by Major Regions 2014-2021
2.5 Lift Truck Gross Margin in Different Region 2014-2021
2.6 Global Lift Truck Market History Price and Forecast 2014-2026
2.7 Global Lift Truck Sales Market Share by Top Companies 2014-2021
3 Global Lift Truck Market by Type
3.1 Global Lift Truck Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Lift Truck Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Lift Truck Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Class 1 Forklift Trucks
3.4.2 Class 2 Forklift Trucks
3.4.3 Class 3 Forklift Trucks
3.4.4 Class 4/5 Forklift Trucks
4 Global Lift Truck Market by Application
4.1 Global Lift Truck Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Lift Truck Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Warehouses
4.3.2 Factories
4.3.3 Distribution Centers
4.3.4 Others
5 North America Lift Truck Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Lift Truck Value ($) from 2014-2021
5.2 North America Lift Truck Market Size from 2014-2021
5.3 North America Lift Truck Price Change from 2014-2021
5.4 North America Lift Truck Import and Export from 2014-2021
5.5 North America Lift Truck Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Lift Truck Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Lift Truck Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Lift Truck Participants Value ($) and Market Share (%) in 2020
6 Europe Lift Truck Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Lift Truck Value ($) from 2014-2021
6.2 Europe Lift Truck Market Size from 2014-2021
6.3 Europe Lift Truck Price Change from 2014-2021
6.4 Europe Lift Truck Import and Export from 2014-2021
6.5 Europe Lift Truck Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Lift Truck Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Lift Truck Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Lift Truck Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Lift Truck Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Lift Truck Value ($) from 2014-2021
7.2 Asia-Pacific Lift Truck Market Size from 2014-2021
7.3 Asia-Pacific Lift Truck Price Change from 2014-2021
7.4 Asia-Pacific Lift Truck Import and Export from 2014-2021
7.5 Asia-Pacific Lift Truck Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Lift Truck Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Lift Truck Market Value ($) 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 Lift Truck Participants Value ($) and Market Share (%) in 2020
8 Latin America Lift Truck Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Lift Truck Value ($) from 2014-2021
8.2 Latin America Lift Truck Market Size from 2014-2021
8.3 Latin America Lift Truck Price Change from 2014-2021
8.4 Latin America Lift Truck Import and Export from 2014-2021
8.5 Latin America Lift Truck Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Lift Truck Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Lift Truck Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Lift Truck Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Lift Truck Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Lift Truck Value ($) from 2014-2021
9.2 Middle East & Africa Lift Truck Market Size from 2014-2021
9.3 Middle East & Africa Lift Truck Price Change from 2014-2021
9.4 Middle East & Africa Lift Truck Import and Export from 2014-2021
9.5 Middle East & Africa Lift Truck Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Lift Truck Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Lift Truck Market Value ($) 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 Lift Truck Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Toyota
10.1.1 Toyota Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Toyota Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Toyota Value and Growth Change from 2014-2021
10.1.4 Toyota Price Change from 2014-2021
10.1.5 Toyota Product Offered
10.2 Kion
10.2.1 Kion Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Kion Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Kion Value and Growth Change from 2014-2021
10.2.4 Kion Price Change from 2014-2021
10.2.5 Kion Product Offered
10.3 Jungheinrich
10.3.1 Jungheinrich Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Jungheinrich Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Jungheinrich Value and Growth Change from 2014-2021
10.3.4 Jungheinrich Price Change from 2014-2021
10.3.5 Jungheinrich Product Offered
10.4 Mitsubishi Logisnext
10.4.1 Mitsubishi Logisnext Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Mitsubishi Logisnext Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Mitsubishi Logisnext Value and Growth Change from 2014-2021
10.4.4 Mitsubishi Logisnext Price Change from 2014-2021
10.4.5 Mitsubishi Logisnext Product Offered
10.5 Crown Equipment
10.5.1 Crown Equipment Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Crown Equipment Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Crown Equipment Value and Growth Change from 2014-2021
10.5.4 Crown Equipment Price Change from 2014-2021
10.5.5 Crown Equipment Product Offered
10.6 Hyster-Yale
10.6.1 Hyster-Yale Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Hyster-Yale Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Hyster-Yale Value and Growth Change from 2014-2021
10.6.4 Hyster-Yale Price Change from 2014-2021
10.6.5 Hyster-Yale Product Offered
10.7 Anhui Heli
10.7.1 Anhui Heli Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Anhui Heli Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Anhui Heli Value and Growth Change from 2014-2021
10.7.4 Anhui Heli Price Change from 2014-2021
10.7.5 Anhui Heli Product Offered
10.8 Hangcha
10.8.1 Hangcha Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Hangcha Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Hangcha Value and Growth Change from 2014-2021
10.8.4 Hangcha Price Change from 2014-2021
10.8.5 Hangcha Product Offered
10.9 Clark Material Handling
10.9.1 Clark Material Handling Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Clark Material Handling Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Clark Material Handling Value and Growth Change from 2014-2021
10.9.4 Clark Material Handling Price Change from 2014-2021
10.9.5 Clark Material Handling Product Offered
10.10 Doosan Corporation Industrial Vehicle
10.10.1 Doosan Corporation Industrial Vehicle Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Doosan Corporation Industrial Vehicle Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Doosan Corporation Industrial Vehicle Value and Growth Change from 2014-2021
10.10.4 Doosan Corporation Industrial Vehicle Price Change from 2014-2021
10.10.5 Doosan Corporation Industrial Vehicle Product Offered
10.11 Komatsu
10.11.1 Komatsu Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Komatsu Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Komatsu Value and Growth Change from 2014-2021
10.11.4 Komatsu Price Change from 2014-2021
10.11.5 Komatsu Product Offered
10.12 Lonking
10.12.1 Lonking Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Lonking Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Lonking Value and Growth Change from 2014-2021
10.12.4 Lonking Price Change from 2014-2021
10.12.5 Lonking Product Offered
10.13 Hyundai Heavy Industries
10.13.1 Hyundai Heavy Industries Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Hyundai Heavy Industries Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 Hyundai Heavy Industries Value and Growth Change from 2014-2021
10.13.4 Hyundai Heavy Industries Price Change from 2014-2021
10.13.5 Hyundai Heavy Industries Product Offered
10.14 EP Equipment
10.14.1 EP Equipment Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 EP Equipment Sales, Value, Gross and Gross Margin from 2014-2021
10.14.3 EP Equipment Value and Growth Change from 2014-2021
10.14.4 EP Equipment Price Change from 2014-2021
10.14.5 EP Equipment Product Offered
10.15 Manitou
10.15.1 Manitou Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 Manitou Sales, Value, Gross and Gross Margin from 2014-2021
10.15.3 Manitou Value and Growth Change from 2014-2021
10.15.4 Manitou Price Change from 2014-2021
10.15.5 Manitou Product Offered
10.16 Paletrans Equipment
10.16.1 Paletrans Equipment Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.16.2 Paletrans Equipment Sales, Value, Gross and Gross Margin from 2014-2021
10.16.3 Paletrans Equipment Value and Growth Change from 2014-2021
10.16.4 Paletrans Equipment Price Change from 2014-2021
10.16.5 Paletrans Equipment Product Offered
10.17 Combilift
10.17.1 Combilift Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.17.2 Combilift Sales, Value, Gross and Gross Margin from 2014-2021
10.17.3 Combilift Value and Growth Change from 2014-2021
10.17.4 Combilift Price Change from 2014-2021
10.17.5 Combilift Product Offered
10.18 Hubtex Maschinenbau
10.18.1 Hubtex Maschinenbau Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.18.2 Hubtex Maschinenbau Sales, Value, Gross and Gross Margin from 2014-2021
10.18.3 Hubtex Maschinenbau Value and Growth Change from 2014-2021
10.18.4 Hubtex Maschinenbau Price Change from 2014-2021
10.18.5 Hubtex Maschinenbau Product Offered
10.19 Godrej & Boyce
10.19.1 Godrej & Boyce Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.19.2 Godrej & Boyce Sales, Value, Gross and Gross Margin from 2014-2021
10.19.3 Godrej & Boyce Value and Growth Change from 2014-2021
10.19.4 Godrej & Boyce Price Change from 2014-2021
10.19.5 Godrej & Boyce 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 Lift Truck 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 Lift Truck Market from 2020-2026
12.1 Future Forecast of Global Lift Truck Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Lift Truck Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Lift Truck 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:
Lift Truck 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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