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Global Industrial Forklift Truck Market Research Report 2025
Published Date: May 2025
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Report Code: QYRE-Auto-7V14745
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Global Industrial Forklift Truck Market Research Report 2023
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Global Industrial Forklift Truck Market Research Report 2025

Code: QYRE-Auto-7V14745
Report
May 2025
Pages:112
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Industrial Forklift Truck Market Size

The global market for Industrial Forklift Truck was valued at US$ 26640 million in the year 2024 and is projected to reach a revised size of US$ 35380 million by 2031, growing at a CAGR of 4.1% during the forecast period.

Industrial Forklift Truck Market

Industrial Forklift Truck Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Industrial Forklift Truck competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
An industrial forklift truck is a type of powered industrial vehicle specifically designed for lifting, moving, stacking, and transporting heavy materials within industrial environments such as warehouses and factories. These trucks are equipped with forks or lifting platforms and are available in electric, diesel, LPG, and hybrid configurations.
The Industrial Forklift Truck Market is undergoing a robust transformation, led by the electrification of material handling, technological innovation, and surging global industrial demand. As industries modernize and logistics networks grow more complex, the market is shifting toward smart, energy-efficient, and automated forklifts. Vendors offering comprehensive solutions with connectivity, power flexibility, and safety compliance will be best positioned for long-term success.
Market Trends
Electrification of Industrial Equipment: Shift toward electric and hybrid forklifts to meet emission regulations and reduce operational costs. Automation & Digitalization: Rise of autonomous forklifts, integration of IoT, GPS, and fleet management systems. High-Demand for Heavy-Duty Units: Growth in construction, logistics, and infrastructure projects globally. Safety Innovations: Use of proximity sensors, anti-collision systems, and operator-assist technologies. Flexible Leasing Models: Increased adoption of rental and “forklift-as-a-service” models for cost efficiency.
Market Drivers
Global Expansion of Warehousing and E-Commerce: Boosts demand for indoor and heavy-duty forklifts. Industrial Automation & Smart Factories: Require reliable, connected, and energy-efficient material handling solutions. Urbanization & Infrastructure Growth: Drives demand for rough-terrain and high-capacity forklifts in construction and public projects. Stringent Emissions and Safety Regulations: Promote the adoption of electric and compliant IC forklift models. Technological Advancement in Battery & Telemetry: Makes forklifts more intelligent, sustainable, and cost-effective.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Industrial Forklift Truck, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Forklift Truck.
The Industrial Forklift Truck market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Industrial Forklift Truck market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Forklift Truck manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Industrial Forklift Truck Market Report

Report Metric Details
Report Name Industrial Forklift Truck Market
Accounted market size in year US$ 26640 million
Forecasted market size in 2031 US$ 35380 million
CAGR 4.1%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Class 1
  • Class 2
  • Class 3
  • Class 4/5
Segment by Application
  • Warehouses
  • Factories
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company 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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Industrial Forklift Truck manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Industrial Forklift Truck by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Industrial Forklift Truck in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Industrial Forklift Truck Market growing?

Ans: The Industrial Forklift Truck Market witnessing a CAGR of 4.1% during the forecast period 2025-2031.

What is the Industrial Forklift Truck Market size in 2031?

Ans: The Industrial Forklift Truck Market size in 2031 will be US$ 35380 million.

Who are the main players in the Industrial Forklift Truck Market report?

Ans: The main players in the Industrial Forklift Truck Market are 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

What are the Application segmentation covered in the Industrial Forklift Truck Market report?

Ans: The Applications covered in the Industrial Forklift Truck Market report are Warehouses, Factories

What are the Type segmentation covered in the Industrial Forklift Truck Market report?

Ans: The Types covered in the Industrial Forklift Truck Market report are Class 1, Class 2, Class 3, Class 4/5

1 Industrial Forklift Truck Market Overview
1.1 Product Definition
1.2 Industrial Forklift Truck by Type
1.2.1 Global Industrial Forklift Truck Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Class 1
1.2.3 Class 2
1.2.4 Class 3
1.2.5 Class 4/5
1.3 Industrial Forklift Truck by Application
1.3.1 Global Industrial Forklift Truck Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Warehouses
1.3.3 Factories
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Forklift Truck Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Industrial Forklift Truck Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Industrial Forklift Truck Production Estimates and Forecasts (2020-2031)
1.4.4 Global Industrial Forklift Truck Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Forklift Truck Production Market Share by Manufacturers (2020-2025)
2.2 Global Industrial Forklift Truck Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Industrial Forklift Truck, Industry Ranking, 2023 VS 2024
2.4 Global Industrial Forklift Truck Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Industrial Forklift Truck Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Industrial Forklift Truck, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Forklift Truck, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Forklift Truck, Date of Enter into This Industry
2.9 Industrial Forklift Truck Market Competitive Situation and Trends
2.9.1 Industrial Forklift Truck Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Forklift Truck Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Forklift Truck Production by Region
3.1 Global Industrial Forklift Truck Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Industrial Forklift Truck Production Value by Region (2020-2031)
3.2.1 Global Industrial Forklift Truck Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Industrial Forklift Truck by Region (2026-2031)
3.3 Global Industrial Forklift Truck Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Industrial Forklift Truck Production Volume by Region (2020-2031)
3.4.1 Global Industrial Forklift Truck Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Industrial Forklift Truck by Region (2026-2031)
3.5 Global Industrial Forklift Truck Market Price Analysis by Region (2020-2025)
3.6 Global Industrial Forklift Truck Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Forklift Truck Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Industrial Forklift Truck Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Industrial Forklift Truck Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Industrial Forklift Truck Production Value Estimates and Forecasts (2020-2031)
4 Industrial Forklift Truck Consumption by Region
4.1 Global Industrial Forklift Truck Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Industrial Forklift Truck Consumption by Region (2020-2031)
4.2.1 Global Industrial Forklift Truck Consumption by Region (2020-2025)
4.2.2 Global Industrial Forklift Truck Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Industrial Forklift Truck Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Industrial Forklift Truck Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Forklift Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Industrial Forklift Truck Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Industrial Forklift Truck Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Industrial Forklift Truck Production by Type (2020-2031)
5.1.1 Global Industrial Forklift Truck Production by Type (2020-2025)
5.1.2 Global Industrial Forklift Truck Production by Type (2026-2031)
5.1.3 Global Industrial Forklift Truck Production Market Share by Type (2020-2031)
5.2 Global Industrial Forklift Truck Production Value by Type (2020-2031)
5.2.1 Global Industrial Forklift Truck Production Value by Type (2020-2025)
5.2.2 Global Industrial Forklift Truck Production Value by Type (2026-2031)
5.2.3 Global Industrial Forklift Truck Production Value Market Share by Type (2020-2031)
5.3 Global Industrial Forklift Truck Price by Type (2020-2031)
6 Segment by Application
6.1 Global Industrial Forklift Truck Production by Application (2020-2031)
6.1.1 Global Industrial Forklift Truck Production by Application (2020-2025)
6.1.2 Global Industrial Forklift Truck Production by Application (2026-2031)
6.1.3 Global Industrial Forklift Truck Production Market Share by Application (2020-2031)
6.2 Global Industrial Forklift Truck Production Value by Application (2020-2031)
6.2.1 Global Industrial Forklift Truck Production Value by Application (2020-2025)
6.2.2 Global Industrial Forklift Truck Production Value by Application (2026-2031)
6.2.3 Global Industrial Forklift Truck Production Value Market Share by Application (2020-2031)
6.3 Global Industrial Forklift Truck Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Toyota
7.1.1 Toyota Industrial Forklift Truck Company Information
7.1.2 Toyota Industrial Forklift Truck Product Portfolio
7.1.3 Toyota Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Toyota Main Business and Markets Served
7.1.5 Toyota Recent Developments/Updates
7.2 Kion
7.2.1 Kion Industrial Forklift Truck Company Information
7.2.2 Kion Industrial Forklift Truck Product Portfolio
7.2.3 Kion Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Kion Main Business and Markets Served
7.2.5 Kion Recent Developments/Updates
7.3 Jungheinrich
7.3.1 Jungheinrich Industrial Forklift Truck Company Information
7.3.2 Jungheinrich Industrial Forklift Truck Product Portfolio
7.3.3 Jungheinrich Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Jungheinrich Main Business and Markets Served
7.3.5 Jungheinrich Recent Developments/Updates
7.4 Mitsubishi Logisnext
7.4.1 Mitsubishi Logisnext Industrial Forklift Truck Company Information
7.4.2 Mitsubishi Logisnext Industrial Forklift Truck Product Portfolio
7.4.3 Mitsubishi Logisnext Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Mitsubishi Logisnext Main Business and Markets Served
7.4.5 Mitsubishi Logisnext Recent Developments/Updates
7.5 Crown Equipment
7.5.1 Crown Equipment Industrial Forklift Truck Company Information
7.5.2 Crown Equipment Industrial Forklift Truck Product Portfolio
7.5.3 Crown Equipment Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Crown Equipment Main Business and Markets Served
7.5.5 Crown Equipment Recent Developments/Updates
7.6 Hyster-Yale
7.6.1 Hyster-Yale Industrial Forklift Truck Company Information
7.6.2 Hyster-Yale Industrial Forklift Truck Product Portfolio
7.6.3 Hyster-Yale Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hyster-Yale Main Business and Markets Served
7.6.5 Hyster-Yale Recent Developments/Updates
7.7 Anhui Heli
7.7.1 Anhui Heli Industrial Forklift Truck Company Information
7.7.2 Anhui Heli Industrial Forklift Truck Product Portfolio
7.7.3 Anhui Heli Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Anhui Heli Main Business and Markets Served
7.7.5 Anhui Heli Recent Developments/Updates
7.8 Hangcha
7.8.1 Hangcha Industrial Forklift Truck Company Information
7.8.2 Hangcha Industrial Forklift Truck Product Portfolio
7.8.3 Hangcha Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Hangcha Main Business and Markets Served
7.8.5 Hangcha Recent Developments/Updates
7.9 Clark Material Handling
7.9.1 Clark Material Handling Industrial Forklift Truck Company Information
7.9.2 Clark Material Handling Industrial Forklift Truck Product Portfolio
7.9.3 Clark Material Handling Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Clark Material Handling Main Business and Markets Served
7.9.5 Clark Material Handling Recent Developments/Updates
7.10 Doosan Corporation Industrial Vehicle
7.10.1 Doosan Corporation Industrial Vehicle Industrial Forklift Truck Company Information
7.10.2 Doosan Corporation Industrial Vehicle Industrial Forklift Truck Product Portfolio
7.10.3 Doosan Corporation Industrial Vehicle Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Doosan Corporation Industrial Vehicle Main Business and Markets Served
7.10.5 Doosan Corporation Industrial Vehicle Recent Developments/Updates
7.11 Komatsu
7.11.1 Komatsu Industrial Forklift Truck Company Information
7.11.2 Komatsu Industrial Forklift Truck Product Portfolio
7.11.3 Komatsu Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Komatsu Main Business and Markets Served
7.11.5 Komatsu Recent Developments/Updates
7.12 Lonking
7.12.1 Lonking Industrial Forklift Truck Company Information
7.12.2 Lonking Industrial Forklift Truck Product Portfolio
7.12.3 Lonking Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Lonking Main Business and Markets Served
7.12.5 Lonking Recent Developments/Updates
7.13 Hyundai Heavy Industries
7.13.1 Hyundai Heavy Industries Industrial Forklift Truck Company Information
7.13.2 Hyundai Heavy Industries Industrial Forklift Truck Product Portfolio
7.13.3 Hyundai Heavy Industries Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Hyundai Heavy Industries Main Business and Markets Served
7.13.5 Hyundai Heavy Industries Recent Developments/Updates
7.14 EP Equipment
7.14.1 EP Equipment Industrial Forklift Truck Company Information
7.14.2 EP Equipment Industrial Forklift Truck Product Portfolio
7.14.3 EP Equipment Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.14.4 EP Equipment Main Business and Markets Served
7.14.5 EP Equipment Recent Developments/Updates
7.15 Manitou
7.15.1 Manitou Industrial Forklift Truck Company Information
7.15.2 Manitou Industrial Forklift Truck Product Portfolio
7.15.3 Manitou Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Manitou Main Business and Markets Served
7.15.5 Manitou Recent Developments/Updates
7.16 Paletrans Equipment
7.16.1 Paletrans Equipment Industrial Forklift Truck Company Information
7.16.2 Paletrans Equipment Industrial Forklift Truck Product Portfolio
7.16.3 Paletrans Equipment Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Paletrans Equipment Main Business and Markets Served
7.16.5 Paletrans Equipment Recent Developments/Updates
7.17 Combilift
7.17.1 Combilift Industrial Forklift Truck Company Information
7.17.2 Combilift Industrial Forklift Truck Product Portfolio
7.17.3 Combilift Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Combilift Main Business and Markets Served
7.17.5 Combilift Recent Developments/Updates
7.18 Hubtex Maschinenbau
7.18.1 Hubtex Maschinenbau Industrial Forklift Truck Company Information
7.18.2 Hubtex Maschinenbau Industrial Forklift Truck Product Portfolio
7.18.3 Hubtex Maschinenbau Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Hubtex Maschinenbau Main Business and Markets Served
7.18.5 Hubtex Maschinenbau Recent Developments/Updates
7.19 Godrej & Boyce
7.19.1 Godrej & Boyce Industrial Forklift Truck Company Information
7.19.2 Godrej & Boyce Industrial Forklift Truck Product Portfolio
7.19.3 Godrej & Boyce Industrial Forklift Truck Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Godrej & Boyce Main Business and Markets Served
7.19.5 Godrej & Boyce Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Forklift Truck Industry Chain Analysis
8.2 Industrial Forklift Truck Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Forklift Truck Production Mode & Process Analysis
8.4 Industrial Forklift Truck Sales and Marketing
8.4.1 Industrial Forklift Truck Sales Channels
8.4.2 Industrial Forklift Truck Distributors
8.5 Industrial Forklift Truck Customer Analysis
9 Industrial Forklift Truck Market Dynamics
9.1 Industrial Forklift Truck Industry Trends
9.2 Industrial Forklift Truck Market Drivers
9.3 Industrial Forklift Truck Market Challenges
9.4 Industrial Forklift Truck Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Industrial Forklift Truck Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Industrial Forklift Truck Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Industrial Forklift Truck Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Industrial Forklift Truck Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Industrial Forklift Truck Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Industrial Forklift Truck Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Industrial Forklift Truck Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Industrial Forklift Truck, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Industrial Forklift Truck as of 2024)
 Table 10. Global Market Industrial Forklift Truck Average Price by Manufacturers (US$/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Industrial Forklift Truck, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Industrial Forklift Truck, Product Offered and Application
 Table 13. Global Key Manufacturers of Industrial Forklift Truck, Date of Enter into This Industry
 Table 14. Global Industrial Forklift Truck Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Industrial Forklift Truck Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Industrial Forklift Truck Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Industrial Forklift Truck Production Value Market Share by Region (2020-2025)
 Table 19. Global Industrial Forklift Truck Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Industrial Forklift Truck Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Industrial Forklift Truck Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Industrial Forklift Truck Production (K Units) by Region (2020-2025)
 Table 23. Global Industrial Forklift Truck Production Market Share by Region (2020-2025)
 Table 24. Global Industrial Forklift Truck Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Industrial Forklift Truck Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Industrial Forklift Truck Market Average Price (US$/Unit) by Region (2020-2025)
 Table 27. Global Industrial Forklift Truck Market Average Price (US$/Unit) by Region (2026-2031)
 Table 28. Global Industrial Forklift Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Industrial Forklift Truck Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Industrial Forklift Truck Consumption Market Share by Region (2020-2025)
 Table 31. Global Industrial Forklift Truck Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Industrial Forklift Truck Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Industrial Forklift Truck Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Industrial Forklift Truck Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Industrial Forklift Truck Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Industrial Forklift Truck Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Industrial Forklift Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Industrial Forklift Truck Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Industrial Forklift Truck Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Industrial Forklift Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Industrial Forklift Truck Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Industrial Forklift Truck Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Industrial Forklift Truck Production (K Units) by Type (2020-2025)
 Table 46. Global Industrial Forklift Truck Production (K Units) by Type (2026-2031)
 Table 47. Global Industrial Forklift Truck Production Market Share by Type (2020-2025)
 Table 48. Global Industrial Forklift Truck Production Market Share by Type (2026-2031)
 Table 49. Global Industrial Forklift Truck Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Industrial Forklift Truck Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Industrial Forklift Truck Production Value Market Share by Type (2020-2025)
 Table 52. Global Industrial Forklift Truck Production Value Market Share by Type (2026-2031)
 Table 53. Global Industrial Forklift Truck Price (US$/Unit) by Type (2020-2025)
 Table 54. Global Industrial Forklift Truck Price (US$/Unit) by Type (2026-2031)
 Table 55. Global Industrial Forklift Truck Production (K Units) by Application (2020-2025)
 Table 56. Global Industrial Forklift Truck Production (K Units) by Application (2026-2031)
 Table 57. Global Industrial Forklift Truck Production Market Share by Application (2020-2025)
 Table 58. Global Industrial Forklift Truck Production Market Share by Application (2026-2031)
 Table 59. Global Industrial Forklift Truck Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Industrial Forklift Truck Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Industrial Forklift Truck Production Value Market Share by Application (2020-2025)
 Table 62. Global Industrial Forklift Truck Production Value Market Share by Application (2026-2031)
 Table 63. Global Industrial Forklift Truck Price (US$/Unit) by Application (2020-2025)
 Table 64. Global Industrial Forklift Truck Price (US$/Unit) by Application (2026-2031)
 Table 65. Toyota Industrial Forklift Truck Company Information
 Table 66. Toyota Industrial Forklift Truck Specification and Application
 Table 67. Toyota Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 68. Toyota Main Business and Markets Served
 Table 69. Toyota Recent Developments/Updates
 Table 70. Kion Industrial Forklift Truck Company Information
 Table 71. Kion Industrial Forklift Truck Specification and Application
 Table 72. Kion Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 73. Kion Main Business and Markets Served
 Table 74. Kion Recent Developments/Updates
 Table 75. Jungheinrich Industrial Forklift Truck Company Information
 Table 76. Jungheinrich Industrial Forklift Truck Specification and Application
 Table 77. Jungheinrich Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 78. Jungheinrich Main Business and Markets Served
 Table 79. Jungheinrich Recent Developments/Updates
 Table 80. Mitsubishi Logisnext Industrial Forklift Truck Company Information
 Table 81. Mitsubishi Logisnext Industrial Forklift Truck Specification and Application
 Table 82. Mitsubishi Logisnext Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 83. Mitsubishi Logisnext Main Business and Markets Served
 Table 84. Mitsubishi Logisnext Recent Developments/Updates
 Table 85. Crown Equipment Industrial Forklift Truck Company Information
 Table 86. Crown Equipment Industrial Forklift Truck Specification and Application
 Table 87. Crown Equipment Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 88. Crown Equipment Main Business and Markets Served
 Table 89. Crown Equipment Recent Developments/Updates
 Table 90. Hyster-Yale Industrial Forklift Truck Company Information
 Table 91. Hyster-Yale Industrial Forklift Truck Specification and Application
 Table 92. Hyster-Yale Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. Hyster-Yale Main Business and Markets Served
 Table 94. Hyster-Yale Recent Developments/Updates
 Table 95. Anhui Heli Industrial Forklift Truck Company Information
 Table 96. Anhui Heli Industrial Forklift Truck Specification and Application
 Table 97. Anhui Heli Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 98. Anhui Heli Main Business and Markets Served
 Table 99. Anhui Heli Recent Developments/Updates
 Table 100. Hangcha Industrial Forklift Truck Company Information
 Table 101. Hangcha Industrial Forklift Truck Specification and Application
 Table 102. Hangcha Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 103. Hangcha Main Business and Markets Served
 Table 104. Hangcha Recent Developments/Updates
 Table 105. Clark Material Handling Industrial Forklift Truck Company Information
 Table 106. Clark Material Handling Industrial Forklift Truck Specification and Application
 Table 107. Clark Material Handling Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 108. Clark Material Handling Main Business and Markets Served
 Table 109. Clark Material Handling Recent Developments/Updates
 Table 110. Doosan Corporation Industrial Vehicle Industrial Forklift Truck Company Information
 Table 111. Doosan Corporation Industrial Vehicle Industrial Forklift Truck Specification and Application
 Table 112. Doosan Corporation Industrial Vehicle Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 113. Doosan Corporation Industrial Vehicle Main Business and Markets Served
 Table 114. Doosan Corporation Industrial Vehicle Recent Developments/Updates
 Table 115. Komatsu Industrial Forklift Truck Company Information
 Table 116. Komatsu Industrial Forklift Truck Specification and Application
 Table 117. Komatsu Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 118. Komatsu Main Business and Markets Served
 Table 119. Komatsu Recent Developments/Updates
 Table 120. Lonking Industrial Forklift Truck Company Information
 Table 121. Lonking Industrial Forklift Truck Specification and Application
 Table 122. Lonking Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 123. Lonking Main Business and Markets Served
 Table 124. Lonking Recent Developments/Updates
 Table 125. Hyundai Heavy Industries Industrial Forklift Truck Company Information
 Table 126. Hyundai Heavy Industries Industrial Forklift Truck Specification and Application
 Table 127. Hyundai Heavy Industries Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 128. Hyundai Heavy Industries Main Business and Markets Served
 Table 129. Hyundai Heavy Industries Recent Developments/Updates
 Table 130. EP Equipment Industrial Forklift Truck Company Information
 Table 131. EP Equipment Industrial Forklift Truck Specification and Application
 Table 132. EP Equipment Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 133. EP Equipment Main Business and Markets Served
 Table 134. EP Equipment Recent Developments/Updates
 Table 135. Manitou Industrial Forklift Truck Company Information
 Table 136. Manitou Industrial Forklift Truck Specification and Application
 Table 137. Manitou Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 138. Manitou Main Business and Markets Served
 Table 139. Manitou Recent Developments/Updates
 Table 140. Paletrans Equipment Industrial Forklift Truck Company Information
 Table 141. Paletrans Equipment Industrial Forklift Truck Specification and Application
 Table 142. Paletrans Equipment Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 143. Paletrans Equipment Main Business and Markets Served
 Table 144. Paletrans Equipment Recent Developments/Updates
 Table 145. Combilift Industrial Forklift Truck Company Information
 Table 146. Combilift Industrial Forklift Truck Specification and Application
 Table 147. Combilift Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 148. Combilift Main Business and Markets Served
 Table 149. Combilift Recent Developments/Updates
 Table 150. Hubtex Maschinenbau Industrial Forklift Truck Company Information
 Table 151. Hubtex Maschinenbau Industrial Forklift Truck Specification and Application
 Table 152. Hubtex Maschinenbau Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 153. Hubtex Maschinenbau Main Business and Markets Served
 Table 154. Hubtex Maschinenbau Recent Developments/Updates
 Table 155. Godrej & Boyce Industrial Forklift Truck Company Information
 Table 156. Godrej & Boyce Industrial Forklift Truck Specification and Application
 Table 157. Godrej & Boyce Industrial Forklift Truck Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 158. Godrej & Boyce Main Business and Markets Served
 Table 159. Godrej & Boyce Recent Developments/Updates
 Table 160. Key Raw Materials Lists
 Table 161. Raw Materials Key Suppliers Lists
 Table 162. Industrial Forklift Truck Distributors List
 Table 163. Industrial Forklift Truck Customers List
 Table 164. Industrial Forklift Truck Market Trends
 Table 165. Industrial Forklift Truck Market Drivers
 Table 166. Industrial Forklift Truck Market Challenges
 Table 167. Industrial Forklift Truck Market Restraints
 Table 168. Research Programs/Design for This Report
 Table 169. Key Data Information from Secondary Sources
 Table 170. Key Data Information from Primary Sources
 Table 171. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Industrial Forklift Truck
 Figure 2. Global Industrial Forklift Truck Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Industrial Forklift Truck Market Share by Type: 2024 VS 2031
 Figure 4. Class 1 Product Picture
 Figure 5. Class 2 Product Picture
 Figure 6. Class 3 Product Picture
 Figure 7. Class 4/5 Product Picture
 Figure 8. Global Industrial Forklift Truck Market Value by Application, (US$ Million) & (2020-2031)
 Figure 9. Global Industrial Forklift Truck Market Share by Application: 2024 VS 2031
 Figure 10. Warehouses
 Figure 11. Factories
 Figure 12. Global Industrial Forklift Truck Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Industrial Forklift Truck Production Value (US$ Million) & (2020-2031)
 Figure 14. Global Industrial Forklift Truck Production Capacity (K Units) & (2020-2031)
 Figure 15. Global Industrial Forklift Truck Production (K Units) & (2020-2031)
 Figure 16. Global Industrial Forklift Truck Average Price (US$/Unit) & (2020-2031)
 Figure 17. Industrial Forklift Truck Report Years Considered
 Figure 18. Industrial Forklift Truck Production Share by Manufacturers in 2024
 Figure 19. Global Industrial Forklift Truck Production Value Share by Manufacturers (2024)
 Figure 20. Industrial Forklift Truck Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by Industrial Forklift Truck Revenue in 2024
 Figure 22. Global Industrial Forklift Truck Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global Industrial Forklift Truck Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global Industrial Forklift Truck Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 25. Global Industrial Forklift Truck Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America Industrial Forklift Truck Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe Industrial Forklift Truck Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China Industrial Forklift Truck Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan Industrial Forklift Truck Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Industrial Forklift Truck Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 31. Global Industrial Forklift Truck Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 33. North America Industrial Forklift Truck Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 35. Canada Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 36. Europe Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Europe Industrial Forklift Truck Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 39. France Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 40. U.K. Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. Italy Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. Netherlands Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Asia Pacific Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Asia Pacific Industrial Forklift Truck Consumption Market Share by Region (2020-2031)
 Figure 45. China Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. Japan Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 47. South Korea Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. China Taiwan Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. Southeast Asia Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. India Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. Latin America, Middle East & Africa Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. Latin America, Middle East & Africa Industrial Forklift Truck Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. Brazil Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 55. Turkey Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. GCC Countries Industrial Forklift Truck Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. Global Production Market Share of Industrial Forklift Truck by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Industrial Forklift Truck by Type (2020-2031)
 Figure 59. Global Industrial Forklift Truck Price (US$/Unit) by Type (2020-2031)
 Figure 60. Global Production Market Share of Industrial Forklift Truck by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Industrial Forklift Truck by Application (2020-2031)
 Figure 62. Global Industrial Forklift Truck Price (US$/Unit) by Application (2020-2031)
 Figure 63. Industrial Forklift Truck Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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