Battery-Electric Segment to Drive the Growth of Global Forklift Market - PowerPoint PPT Presentation

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Battery-Electric Segment to Drive the Growth of Global Forklift Market

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The class 3 type of forklift mainly includes electric warehouse pedestrian trucks. The demand for these vehicles are increasing due to increasing trend of electric forklift being used by the material handling departments and warehouses, as electric forklift are environment friendly and more efficient than Internal Combustion Engine (ICE) forklift. – PowerPoint PPT presentation

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Title: Battery-Electric Segment to Drive the Growth of Global Forklift Market


1
Forklift Market by Application (Manufacturing,
Wholesale Retail Distribution, Freight,
Logistics), Fuel (Diesel, Electric, and Gasoline
LPG/CNG), Tonnage (lt5, 5-10, 11-36, and gt36),
Class (1, 2, 3, and 4/5), and Region - Global
Forecast to 2021
www.MarketsandMarkets.com
2
The class 3 types of forklift are estimated to be
the fastest growing in the global forklift
market The class 3 type of forklift mainly
includes electric warehouse pedestrian trucks.
The demand for these vehicles are increasing due
to increasing trend of electric forklift being
used by the material handling departments and
warehouses, as electric forklift are environment
friendly and more efficient than Internal
Combustion Engine (ICE) forklift. PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownload.asp?id2439790

3
The wholesale and retail distribution is
estimated to be the fastest growing segment The
wholesale and retail distribution segment of the
global forklift market is projected to grow at
the highest CAGR during the forecast period. As
enhanced transportation network between different
countries and continents has led to the increased
stocking of goods in warehouses which are further
distributed through the wholesalers and
distributors. The European market of the
wholesale and retail distribution segment was
estimated to be the largest. The battery-operated
forklift is estimated to dominate this segment as
battery-operated forklifts have proven to be
energy efficient, eco-friendly, and economical
for distribution applications. Request for
Customization https//www.marketsandmarkets.com/
requestCustomization.asp?id2439790
4
The battery-electric segment is estimated be the
fastest growing during the forecast period. With
the increased focus on fuel efficiency and
emission norms, a majority of the forklift
manufactures are focusing on battery operated and
fuel cell powered forklifts in order to provide
better efficiency. The manufacturing segment is
estimated to hold largest market size of
forklifts in 2016, Owing to rise in demand for
infrastructural development. However warehouse
segment is expected to lead the market by 2021
majorly due to increasing number of warehouses
being set up across the regions, reducing trade
barriers between various regions, and preference
towards low cost alternatives. The wholesale and
retail distribution is projected to grow at the
highest CAGR from 2016 to 2021. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id2439790
5
Europe is estimated to be the fastest growing
region for the forklift market The European
forklift market is projected to be the fastest
growing market of forklift owing to the increased
demand of battery operated vehicles and warehouse
segment growth, it contributes a major market
share of the global forklift market. The European
forklift market is dominated by Germany, which is
the key market for the forklifts in the region
owing to the increased demand from manufacturing
as well as warehouse segment in the country. The
major players such as Toyota Industries
Corporation (Japan), KION Group AG (Germany),
Hyster-Yale Material handling Inc. (U.S.),
Jungheinrich group (Germany) and Mitsubishi
Nichiyu Forklift Corporation (Japan) are the
global forklift manufacturers who have been
covered in this study. Speak to analyst _at_
https//www.marketsandmarkets.com/speaktoanalyst.a
sp?id2439790
6
Market Ecosystem The global forklift market
consists of various major manufacturers such as
Toyota Industries Corporation (Japan), KION Group
AG (Germany), Hyster-Yale Material handling Inc.
(U.S.), Jungheinrich group (Germany), Mitsubishi
Nichiyu Forklift Corporation (Japan), Crown
Equipment Corporation (U.S), Hyundai Heavy
Industries (South Korea) and Komatsu Limited
(Japan). Buy Now https//www.marketsandmark
ets.com/Purchase/purchase_report1.asp?id2439790
7
Browse gtgt 67 market data
tables 57 figures
141 pages and in-depth TOC Forklift
Market by Application (Manufacturing, Wholesale
Retail Distribution, Freight, Logistics), Fuel
(Diesel, Electric, and Gasoline LPG/CNG),
Tonnage (lt5, 5-10, 11-36, and gt36), Class (1, 2,
3, and 4/5), and Region - Global Forecast to
2021 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com
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