Global Forklift Trucks Market to grow at a CAGR of 7.01% during the period 2017-2021


Orbis Research delivers key insights on the Global Forklift Trucks Market This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments


A forklift truck, also known as a fork truck, lift truck, or forklift, is used to lift and move materials within a warehouse or during loading and unloading of goods. Forklift trucks form an essential part of warehouse operations. They can lift materials weighing up to 48 tons and measuring up to 670 inches in height. The global forklift trucks market is highly dependent on the warehousing industry.

The Global Forklift Trucks Market to grow at a CAGR of 7.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global Forklift Trucks market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of forklift trucks.

The market is divided into the following segments based on geography:




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Global Forklift Trucks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Toyota Industries
  • Jungheinrich Group
  • KION Group
  • Hyster-Yale Material Handling
  • Other prominent vendors
  • Anhui Forklift Group Co., Ltd.
  • Combilift
  • Crown Equipment
  • Doosan Industrial Vehicles
  • Godrej & Boyce
  • Hangcha Group
  • HUBTEX Maschinenbau
  • HYTSU Group
  • Hyundai Heavy Industries
  • Komatsu
  • Maximal
  • Mitsubishi Caterpillar Forklift America
  • Nippon Yusoki
  • Paletrans Equipamentos
  • Tailift Group
  • UniCarriers

Market driver

Growth in the global e-commerce sector

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Market challenge

High initial investment and maintenance cost

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Market trend

Integration of intelligent forklifts

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

Toyota Industries, Jungheinrich Group, KION Group, Hyster-Yale Material Handling, Anhui Forklift Group Co., Ltd., CLARK, Combilift, Crown Equipment, Doosan Industrial Vehicles, Godrej & Boyce, Hangcha Group, HUBTEX Maschinenbau, HYTSU Group, Hyundai Heavy Industries, Komatsu, Maximal, Mitsubishi Caterpillar Forklift America, Nippon Yusoki, Paletrans Equipamentos, Tailift Group, and UniCarriers.