Market Highlights:
Forklift is a device which is used to move materials over short distance and mostly incorporated in industries to aid automation processes. With rising e-commerce and warehouse operations, the forklift has become indispensable equipment across industries. Amid growing focus on reducing emission, battery powered forklifts demands are getting traction and manufacturers are emphasizing on making high load carrying capacity forklifts. The market study is being classified by Type (Diesel Forklift, Battery-Electric Forklift, Gasoline & Liquefied Petroleum Gas (LPG) Forklift and Compressed Natural Gas (CNG) Forklift) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Forklift are Toyota Industries Corporation [Japan], Jungheinrich AG [Germany], KION Group AG [Germany], Crown Equipment Corporation [United States], Mitsubishi Nichiyu Forklift Co., Ltd. [Japan], Hyster-Yale Materials Handling, Inc. [United States], UniCarriers Americas [United States], Komatsu Ltd. [Japan], Anhui HELI Co. Ltd Limited [China], Lonking Holdings Limited [China], Clark Material Handling Company [United States], Hangcha Group Co., Ltd. [China], Hyundai Heavy Industries [South Korea], Doosan Industrial Vehicle America Corp. [United States] and Combilift [Ireland].



Key Questions Answered in the Report
What will the Forklift Market size and the growth rate be in Future?
What are the key factors driving the Forklift Market?
What are the key market trends and macro-economic impacting the growth of the Forklift Market?
What are the challenges to market growth?
Who are the key vendors in the Forklift Market?
What are the market opportunities and threats faced by the vendors in the Forklift Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Forklift Market?

Refer complete Table of Content of Forklift Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Forklift market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Forklift market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Forklift Manufacturers, Forklift engine Manufacturers, Forklift Attachment Manufacturers, Forklift Battery Manufacturers and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.