NORTH AMERICA FORKLIFT TRUCK MARKET FORECAST 2020-2028

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NORTH AMERICA FORKLIFT TRUCK MARKET FORECAST 2020-2028

The North America forklift truck market is projected to record growth at CAGR of 1.89% during the projected period, 2020-2028. The increasing applications of forklift truck in the manufacturing facilities, and the increasing exports in the countries of the region like the United States, are the primary factors influencing the growth of the market in the region. The market of the forklift truck in the North American region is analyzed through the regions of Canada and the United States. The region is witnessing a steady growth of the construction equipment market. The United States is considered to be one of the largest and advanced markets in terms of automated material handling (AMH) solutions in the world. This is due to the economic benefits of the country, coupled with increasing e-commerce activities. The forklift trucks market in the US region is driven by its increasing application, and growing exports.

NORTH AMERICA FORKLIFT TRUCK MARKET FORECAST 2020-2028

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The North America forklift truck market is projected to record growth at CAGR of 1.89% during the projected period, 2020-2028. The increasing applications of forklift truck in the manufacturing facilities, and the increasing exports in the countries of the region like the United States, are the primary factors influencing the growth of the market in the region.

The market of the forklift truck in the North American region is analyzed through the regions of Canada and the United States. The United States is considered to be one of the largest and advanced markets in terms of automated material handling (AMH) solutions in the world. This is due to the economic benefits of the country, coupled with increasing e-commerce activities. The forklift trucks market in the US region is driven by its increasing application, and growing exports. The country is ranked second in the world with respect to manufacturing competitiveness, and hence the growing manufacturing industry is estimated to propel the growth of the forklift market in the United States. The forklift trucks are used in lifting the manufacturing materials, thereby reducing the manual labor, which results in an efficient manufacturing process.

The market boasts of the presence of some well-known companies. Crown Equipment Corporation is a global manufacturer of material handling products. The company is involved in manufacturing lift trucks with advanced engineering, design, and manufacturing process. The company delivers products with innovations and cost effectiveness, and has a huge global workforce. The company has its headquarters in New Bremen, the United States.

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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
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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: NORTH AMERICA FORKLIFT TRUCK MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

TABLE 11: NORTH AMERICA 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: NORTH AMERICA FORKLIFT TRUCK MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE (IN 2019)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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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