FORKLIFT TRUCK MARKET ANALYSIS

Forklift truck Market, By Product (Warehouse, and Counterbalance), By Class: Class I (Electric Motor Rider Trucks, Class II: Electric Motor Narrow Aisle Trucks, Class III: Electric Motor Pedestrian Trucks, Class IV: Internal Combustion Engine Trucks (Solid/Cushion Tires), Class V: Internal Combustion Engine Trucks (Pneumatic Tires), Class VI: Electric and Internal Combustion Engine Tractors, and Class VII: Rough Terrain Forklift Trucks), By Fuel Type (Diesel, Gasoline & LPG/CNG, and Electric/Hybrid), By Engine Type (IC Engine Power, and Electric Power), By Lifting Capacity (<5 Ton, 5 Ton – 10 Ton, 11 Ton – 36 Ton, and > 36 Ton), By End-Use Industry (Retail & Wholesale, Transportation & Logistics, Automotive & Electrical Engineering, Food Industry, and Other Industries (Chemical, Timber, and Paper and Print Industry)), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023
Code : CMI928
Pages :150
Formats :
Excel and PDF
Industry : Automotive and Transportation

Market News

Global Forklift truck Market: Key Developments

In September 2022, Toyota Industries Corporation introduced an autonomous lift truck that features the world-first AI-based technology that automatically recognizes the location and position of trucks and loads and generates automated travel routes to perform loading operations.

In May 2021, Jungheinrich unveiled its new electric pallet truck ERD 220i. The new ERD 220i has an L2 dimension of just 1,065 mm and is, therefore, the most compact truck in its class. Compared to its predecessor, the 220i is more than 300mm shorter thanks to its new lithium-ion battery concept, which results in a space reduction of approximately 25 percent.

In April 2021, Godrej Material Handling launched the new Uno Electric Forklift truck. With advanced ergonomics, augmented safety, improved visibility, and a longer runtime on every charge, the new Uno Electric Forklift is a workhorse in the 1.5 to 3-tonne forklift category.