Report overview
Industrial vehicles are vehicles that are used for different industrial purposes, such as loading, lifting, and movement of loads. For medium-distance movement of loads, powered vehicles such as lift trucks are used where the load is batched in parts in either a container or a pallet. In case of short-distance transport, manual or semi-powered carts are used. These vehicles are only capable of moving one load at a time from one place to another. However, there are multiple load transporters that can move more than one load at a time, from one or more sources to the preferred destination.
This report aims to provide a comprehensive presentation of the global market for Industrial Vehicles, 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 Vehicles. This report contains market size and forecasts of Industrial Vehicles in global, including the following market information:
Global Industrial Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Vehicles Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Industrial Vehicles companies in 2022 (%)
The global Industrial Vehicles market was valued at US$ 23690 million in 2022 and is projected to reach US$ 29080 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Asia-Pacific region is estimated to dominate the industrial vehicles market, in terms of value, in 2018, as it comprises some of the fastest developing economies in the world, including China, India, and South Korea. Asia-Pacific market is estimated to be the largest market with a highest market share of the global forklift market by value and volume. The demand in developing countries such as India and China is expected to rise for industrial vehicle in near future. This has led to an increase in industrial vehicle production volumes over the years, with OEMs catering not only to the domestic demand but to overseas demand as well.
We surveyed the Industrial Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Vehicles Market Segment Percentages, by Type, 2022 (%)
Forklifts
Tow Tractors
Aisle Trucks
Container Handlers
Global Industrial Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Vehicles Market Segment Percentages, by Application, 2022 (%)
Industrial Applications
Cargo Applications
Global Industrial Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Vehicles revenues share in global market, 2022 (%)
Key companies Industrial Vehicles sales in global market, 2018-2023 (Estimated), (Units)
Key companies Industrial Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hyster-Yale Materials Handling
Jungheinrich
KION GROUP
Konecranes
TOYOTA INDUSTRIES
Anhui Heli Industrial Vehicle
Cargotec
Crown Equipment
Daifuku
Hangcha
Hyundai Construction Equipment Europe
Manituo
MITSUBISHI LOGISNEXT
Ross Electric Vehicles
SSI SCHAEFER
Taylor-Dunn
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Vehicles, market overview.
Chapter 2: Global Industrial Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Industrial Vehicles 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Vehicles capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
