EUROPE FORKLIFT TRUCK MARKET FORECAST 2020-2028

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EUROPE FORKLIFT TRUCK MARKET FORECAST 2020-2028

The Europe forklift truck market is predicted to grow at a CAGR of 2.30% during the estimated period, 2020-2028. The forklift market in the European region finds its applications mainly in automotive, warehouses, and manufacturing logistic chain. Along with this factor, the market is set to witness considerable growth due to government investments with respect to seaport infrastructure enhancement. The forklift truck market in the European region is analyzed through the geographies of Russia, Poland, Belgium, Italy, France, Germany, the United Kingdom, and the Rest of Europe. In countries like Germany, the forklift truck market is estimated to showcase growth due to its manufacturing sector. The manufacturing sector is the backbone of the German economy. Several manufacturing sectors, like machine tool builders, machinery companies, and automotive companies, in the region are at the forefront.

EUROPE FORKLIFT TRUCK MARKET FORECAST 2020-2028

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The Europe forklift truck market is predicted to grow at a CAGR of 2.30% during the estimated period, 2020-2028. The forklift market in the European region finds its applications mainly in automotive, warehouses, and manufacturing logistic chain. Along with this factor, the market is set to witness considerable growth due to government investments with respect to seaport infrastructure enhancement.

The forklift truck market in the European region is analyzed through the geographies of Russia, Poland, Belgium, Italy, France, Germany, the United Kingdom, and the Rest of Europe. In countries like Germany, the forklift truck market is estimated to showcase growth due to its manufacturing sector. The manufacturing sector is the backbone of the German economy. Several manufacturing sectors, like machine tool builders, machinery companies, and automotive companies, in the region are at the forefront. Further, the government efforts and initiatives to augment and improve the manufacturing sector by adopting new and advanced technologies, are expected to result in growth opportunities for the forklift truck market in Germany.

The countries like Belgium becomes a conducive environment for logistics services due to its geographical location, dense infrastructure with multimodal access, and its accessibility to a large consumer base. This will result in immense growth opportunities for the forklift truck market in the region. The retail sector of the region is showcasing a high growth rate, and hence the demand for forklift trucks is set to increase. At the same time, the thriving logistics infrastructure and management, along with increasing demands from the FMCG sector, are set to boost the market growth in Belgium.

The immense growth opportunities in the market are attracting a lot of well-established and emerging companies. Jungheinrich AG is one of the key companies in the field of material handling equipment, warehousing, etc. The company has a global presence and operates in the regions of America, Europe, Asia, and Africa. The company has its headquarters in Hamburg, Germany.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF THE MARKET STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & FORECAST
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • DEVELOPMENT OF FORKLIFT TRUCK
    • PARENT MARKET ANALYSIS: MATERIAL HANDLING EQUIPMENT MARKET
    • MARKET DEFINITION
    • MARKET DRIVERS
      • DEMAND FOR HIGH-PERFORMANCE TECHNOLOGIES
      • GROWTH IN EMERGING MARKETS
    • MARKET RESTRAINTS
      • LIMITED NUMBER OF RAW MATERIAL SUPPLIERS
      • HIGH COST OF RAW MATERIALS
      • INCREASE IN GOVERNMENT REGULATIONS
  1. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • KEY BUYING CRITERIA
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • REGULATORY FRAMEWORK
    • VALUE CHAIN ANALYSIS
    • KEY INVESTMENT INSIGHTS
  2. MARKET BY PRODUCT TYPE
    • WAREHOUSE FORKLIFT
    • COUNTERBALANCE FORKLIFT
  3. MARKET BY POWER SOURCE
    • INTERNAL COMBUSTION ENGINE
    • ELECTRIC MOTOR
  4. MARKET BY CLASS
    • CLASS 1
    • CLASS 2
    • CLASS 3
    • CLASS 4
    • CLASS 5
  5. MARKET BY END USER
    • RETAIL & WHOLESALE
    • LOGISTICS
    • AUTOMOTIVE
    • FOOD INDUSTRY
    • OTHERS
  6. GEOGRAPHICAL ANALYSIS
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. COMPANY PROFILES
    • HANGCHA GROUP CO., LTD
    • KION GROUP AG
    • ANHUI HELI CO. LTD
    • CLARK MATERIAL HANDLING COMPANY
    • CROWN EQUIPMENT CORPORATION
    • TOYOTA INDUSTRIES CORPORATION
    • MITSUBISHI LOGISNEXT CO., LTD
    • JUNGHEINRICH AG
    • EP EQUIPMENT CO. LTD
    • HYSTER-YALE MATERIALS HANDLING, INC
    • HYUNDAI HEAVY INDUSTRIES CO., LTD
    • KOMATSU LTD
    • LONKING HOLDINGS LIMITED
    • GODREJ & BOYCE MANUFACTURING COMPANY LIMITED
    • DOOSAN CORPORATION INDUSTRIAL VEHICLE

 

LIST OF TABLES

TABLE 1: EUROPE FORKLIFT TRUCK MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 2: EUROPE FORKLIFT TRUCK MARKET, BY PRODUCT, HISTORIC YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: EUROPE FORKLIFT TRUCK MARKET, BY PRODUCT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 4: EUROPE FORKLIFT TRUCK MARKET, BY POWER SOURCE, HISTORIC YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: EUROPE FORKLIFT TRUCK MARKET, BY POWER SOURCE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 6: EUROPE FORKLIFT TRUCK MARKET, BY CLASS, HISTORIC YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: EUROPE FORKLIFT TRUCK MARKET, BY CLASS, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 8: EUROPE FORKLIFT TRUCK MARKET, BY END USER, HISTORIC YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: EUROPE FORKLIFT TRUCK MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 10: EUROPE FORKLIFT TRUCK MARKET, BY COUNTRY, HISTORIC YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: EUROPE FORKLIFT TRUCK MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: DEVELOPMENT OF FORKLIFT TRUCK

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: KEY BUYING IMPACT ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: EUROPE FORKLIFT TRUCK MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE (IN 2019)

FIGURE 8: EUROPE FORKLIFT TRUCK MARKET, BY WAREHOUSE FORKLIFT, 2020-2028 (IN $ MILLION)

FIGURE 9: EUROPE FORKLIFT TRUCK MARKET, BY COUNTERBALANCE FORKLIFT, 2020-2028 (IN $ MILLION)

FIGURE 10: EUROPE FORKLIFT TRUCK MARKET, GROWTH POTENTIAL, BY POWER SOURCE (IN 2019)

FIGURE 11: EUROPE FORKLIFT TRUCK MARKET, BY INTERNAL COMBUSTION ENGINE, 2020-2028 (IN $ MILLION)

FIGURE 12: EUROPE FORKLIFT TRUCK MARKET, BY ELECTRIC MOTOR, 2020-2028 (IN $ MILLION)

FIGURE 13: EUROPE FORKLIFT TRUCK MARKET, GROWTH POTENTIAL, BY CLASS (IN 2019)

FIGURE 14: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 1, 2020-2028 (IN $ MILLION)

FIGURE 15: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 2, 2020-2028 (IN $ MILLION)

FIGURE 16: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 3, 2020-2028 (IN $ MILLION)

FIGURE 17: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 4, 2020-2028 (IN $ MILLION)

FIGURE 18: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 5, 2020-2028 (IN $ MILLION)

FIGURE 19: EUROPE FORKLIFT TRUCK MARKET, GROWTH POTENTIAL, BY END USER (IN 2019)

FIGURE 20: EUROPE FORKLIFT TRUCK MARKET, BY RETAIL & WHOLESALE, 2020-2028 (IN $ MILLION)

FIGURE 21: EUROPE FORKLIFT TRUCK MARKET, BY LOGISTICS, 2020-2028 (IN $ MILLION)

FIGURE 22: EUROPE FORKLIFT TRUCK MARKET, BY AUTOMOTIVE, 2020-2028 (IN $ MILLION)

FIGURE 23: EUROPE FORKLIFT TRUCK MARKET, BY FOOD INDUSTRY, 2020-2028 (IN $ MILLION)

FIGURE 24: EUROPE FORKLIFT TRUCK MARKET, BY OTHERS, 2020-2028 (IN $ MILLION)

FIGURE 25: EUROPE FORKLIFT TRUCK MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 26: UNITED KINGDOM FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 27: GERMANY FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 28: FRANCE FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 29: ITALY FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 30: RUSSIA FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 31: BELGIUM FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 32: POLAND FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

FIGURE 33: REST OF EUROPE FORKLIFT TRUCK, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
  1. MARKET BY PRODUCT TYPE
    • WAREHOUSE FORKLIFT
    • COUNTERBALANCE FORKLIFT
  2. MARKET BY POWER SOURCE
    • INTERNAL COMBUSTION ENGINE
    • ELECTRIC MOTOR
  3. MARKET BY CLASS
    • CLASS 1
    • CLASS 2
    • CLASS 3
    • CLASS 4
    • CLASS 5
  4. MARKET BY END USER
    • RETAIL & WHOLESALE
    • LOGISTICS
    • AUTOMOTIVE
    • FOOD INDUSTRY
    • OTHERS

 

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