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Industrial Vehicles Market

Industrial Vehicles Market Size, Share & Growth Analysis By Drive Type (ICE, Battery-operated, Gas-powered), By Vehicle Type (Forklifts, Aisle Trucks, Tow Tractors, Container Handlers), By Level Of Autonomy (Non/Semi-Autonomous, Autonomous), By Aerial Work Platform (Boom Lifts, Scissor Lifts), By Application (Manufacturing, Warehousing, Freight & Logistics, Others), And Regional Forecast, 2022-2028

  • No of Pages: 147
  • Published On: Apr 2021
  • Format: PDF
  • Report ID : 34395

Report Summary

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.

The Asia-Pacific region is estimated to dominate the industrial vehicles market, in terms of value, in 2020, 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.

The global Industrial Vehicles market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.

This report studies the Industrial Vehicles market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Industrial Vehicles in these regions, from 2017 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market 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

Industrial Vehicles Market, By Drive Type

  • ICE
  • Battery-operated
  • Gas-powered

Industrial Vehicles Market, By Vehicle Type

  • Forklifts
    • <5 Ton
    • 5-10 Ton
    • 11-36 Ton
    • >36 Ton
  • Aisle Trucks
    • <1 Ton
    • 1-2 Ton
    • >2 Ton
  • Tow Tractors
    • <5 Ton
    • 5-10 Ton
    • 11-30 Ton
    • >30 Ton
  • Container Handlers
    • <30 Ton
    • 30-40 Ton
    • >40 Ton

Industrial Vehicles Market, By Level of Autonomy

  • Non/Semi-Autonomous
  • Autonomous

Industrial Vehicles Market, By Aerial Work Platform

  • Boom Lifts
  • Scissor Lifts

Industrial Vehicles Market, By Application

  • Manufacturing
  • Warehousing
  • Freight & Logistics
  • Others

The study objectives of this report are:

  • To study and analyze the global Industrial Vehicles market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
  • To understand the structure of Industrial Vehicles market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Industrial Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Industrial Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of Industrial Vehicles submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Industrial Vehicles are as follows:

History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Vehicles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

  • Key Stakeholders
  • Raw material suppliers
  • Distributors/traders/wholesalers/suppliers
  • Regulatory bodies, including government agencies and NGO
  • Commercial research & development (R&D) institutions
  • Importers and exporters
  • Government organizations, research organizations, and consulting firms
  • Trade associations and industry bodies
  • End-use industries

Available Customizations

With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Industrial Vehicles market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.


Table Of Contents

Table of Contents

1 Industrial Vehicles Market Overview
1.1 Industrial Vehicles Product Overview
1.2 Industrial Vehicles Market Segment by Type
1.2.1 Forklifts
1.2.2 Tow tractors
1.2.3 Aisle trucks
1.2.4 Container handlers
1.3 Global Industrial Vehicles Market Size by Type
1.3.1 Global Industrial Vehicles Sales and Growth by Type
1.3.2 Global Industrial Vehicles Sales and Market Share by Type (2017-2020)
1.3.3 Global Industrial Vehicles Revenue and Market Share by Type (2017-2020)
1.3.4 Global Industrial Vehicles Price by Type (2017-2020)

2 Global Industrial Vehicles Market Competition by Company
2.1 Global Industrial Vehicles Sales and Market Share by Company (2017-2020)
2.2 Global Industrial Vehicles Revenue and Share by Company (2017-2020)
2.3 Global Industrial Vehicles Price by Company (2017-2020)
2.4 Global Top Players Industrial Vehicles Manufacturing Base Distribution, Sales Area, Product Types
2.5 Industrial Vehicles Market Competitive Situation and Trends
2.5.1 Industrial Vehicles Market Concentration Rate
2.5.2 Global Industrial Vehicles Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion

3 Industrial Vehicles Company Profiles and Sales Data
3.1 Hyster-Yale Materials Handling
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Industrial Vehicles Product Category, Application and Specification
3.1.3 Hyster-Yale Materials Handling Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 Jungheinrich
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Industrial Vehicles Product Category, Application and Specification
3.2.3 Jungheinrich Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 KION GROUP
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Industrial Vehicles Product Category, Application and Specification
3.3.3 KION GROUP Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Konecranes
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Industrial Vehicles Product Category, Application and Specification
3.4.3 Konecranes Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 TOYOTA INDUSTRIES
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Industrial Vehicles Product Category, Application and Specification
3.5.3 TOYOTA INDUSTRIES Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Anhui Heli Industrial Vehicle
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Industrial Vehicles Product Category, Application and Specification
3.6.3 Anhui Heli Industrial Vehicle Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 Cargotec
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Industrial Vehicles Product Category, Application and Specification
3.7.3 Cargotec Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 Crown Equipment
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Industrial Vehicles Product Category, Application and Specification
3.8.3 Crown Equipment Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 Daifuku
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Industrial Vehicles Product Category, Application and Specification
3.9.3 Daifuku Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 Hangcha
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Industrial Vehicles Product Category, Application and Specification
3.10.3 Hangcha Industrial Vehicles Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
3.11 Hyundai Construction Equipment Europe
3.12 Manituo
3.13 MITSUBISHI LOGISNEXT
3.14 Ross Electric Vehicles
3.15 SSI SCHAEFER
3.16 Taylor-Dunn

4 Industrial Vehicles Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Industrial Vehicles Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Industrial Vehicles Sales and Revenue by Regions
4.2.1 Global Industrial Vehicles Sales and Market Share by Regions (2017-2020)
4.2.2 Global Industrial Vehicles Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Industrial Vehicles Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Industrial Vehicles Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Industrial Vehicles Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Industrial Vehicles Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Industrial Vehicles Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Industrial Vehicles Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries

5 Industrial Vehicles Application/End Users
5.1 Industrial Vehicles Segment by Application
5.1.1 Industrial applications
5.1.2 Cargo applications
5.2 Global Industrial Vehicles Product Segment by Application
5.2.1 Global Industrial Vehicles Sales by Application
5.2.2 Global Industrial Vehicles Sales and Market Share by Application (2017-2020)

6 Global Industrial Vehicles Market Forecast
6.1 Global Industrial Vehicles Sales, Revenue Forecast (2021-2027)
6.1.1 Global Industrial Vehicles Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global Industrial Vehicles Revenue and Growth Rate Forecast (2021-2027)
6.2 Global Industrial Vehicles Forecast by Regions
6.2.1 North America Industrial Vehicles Sales and Revenue Forecast (2021-2027)
6.2.2 Europe Industrial Vehicles Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific Industrial Vehicles Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Industrial Vehicles Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa Industrial Vehicles Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Industrial Vehicles Forecast by Type
6.3.1 Global Industrial Vehicles Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Forklifts Gowth Forecast
6.3.3 Tow tractors Gowth Forecast
6.4 Industrial Vehicles Forecast by Application
6.4.1 Global Industrial Vehicles Sales Forecast by Application (2021-2027)
6.4.2 Global Industrial Vehicles Forecast in Industrial applications
6.4.3 Global Industrial Vehicles Forecast in Cargo applications

7 Industrial Vehicles Upstream Raw Materials
7.1 Industrial Vehicles Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Industrial Vehicles Industrial Chain Analysis

8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers

9 Research Findings and Conclusion

Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
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Frequently Asked Questions on this Report

The Industrial Vehicles Market is segmented based on Type, Application, and by region.

Key Player 1, Key Player 2, Key Player 3 and Key Player 4 are the leading players of global Industrial Vehicles market.

The forecast period would be from 2022 to 2030 in the market report with year 2021 as a base year.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
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