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Industrial Vehicles Market by Vehicle Type (Forklifts, Aisle Trucks, Tow Tractors, Container Handlers), Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, & Region - Global Forecast to 2030

Market Report I 2024-04-10 I 354 Pages I MarketsandMarkets

The global industrial vehicles market size is projected to grow from USD 49.2 Billion in 2024 to USD 64.3 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is expanding globally due to the growing complexity of supply chain operations and the adoption of automation technologies. This shift necessitates advanced industrial vehicles such as AGVs and autonomous forklifts to enhance efficiency. Additionally, the integration of smart warehousing technologies, such as IoT integration and AI-driven analytics, further accelerates market growth by enabling real-time inventory tracking and optimized route planning.

"The Internal Combustion Engine Industrial vehicles segment is expected to grow substantially during the forecast period."
ICE-operated industrial vehicles are renowned for their efficiency, making them a preferred choice across numerous industries. Unlike electric counterparts that require frequent recharging, ICE vehicles can operate for extended periods. Moreover, they excel in lifting and transporting heavy loads, enhancing the efficiency of loading and unloading tasks in warehouses, factories, and distribution centers. Their high-power output, swift acceleration, and superior top speeds further contribute to their effectiveness in transportation and material handling operations. Factors such as lower initial costs, high operational speeds, ease of refueling, and suitability for heavy-duty applications are anticipated to propel the demand for ICE industrial vehicles. Substantial revenue growth is expected for ICE forklifts over the forecast period, primarily attributed to the robust product portfolios offered by industrial vehicle manufacturers. Companies such as Toyota Industries Corporation (Japan), Jungheinrich AG (Germany), KION Group AG (Germany), Hyster-Yale Materials Handling, Inc. (US), Crown Equipment Corporation (US), and Mitsubishi Logisnext Co., Ltd. (Japan) provide ICE forklifts to end-users. Toyota's IC counterbalance lift truck "8FG/D Series". Cat DP20- 35N3 compact diesel-powered forklifts, and Cat DP60-100N3 diesel forklifts are some of the models of ICE forklifts. In May 2021, Mitsubishi Logisnext Co., Ltd. launched new heavy-duty ICE forklift trucks with a 22,000 - 40,000 lbs capacity. These attributes are anticipated to propel the growth of the ICE segment within the global industrial vehicles market over the forecast period.

"Metals & Heavy Machinery application segment to have notable opportunities during the forecast period."
The global growth of the metals and heavy machinery industry is propelled by increased infrastructural development, construction activities, and automotive production. The repetitive handling and transportation of large and heavy components or assembly parts characterizes this industry. Manual handling of such weighty metal sheets and machinery poses risks of worker injuries and potential damage to products. To address these concerns, plant operators are inclined to enhance operational efficiency, ensuring the smooth movement of heavy equipment within manufacturing and warehousing facilities. Industrial vehicles are crucial in handling these substantial products, ensuring the safe and efficient intralogistic movement of heavy loads. Utilizing industrial vehicles with heavy payload capacity enables facility owners to lift and handle large parts and components with heightened speed, accuracy, and efficiency, thereby preventing injuries to the workforce and potential damages. These industrial vehicles are adept at moving palletized loads along predetermined routes.
The anticipated growth in production capacity within the metals and heavy machinery industry is poised to drive the industrial vehicles market during the forecast period. Companies such as Cargotec Corporation (Finland), Hubtex Maschinenbau GmbH & Co. KG (Germany), Linamar Corporation (Canada), Mitsubishi Logisnext Co., Ltd. (Japan), Crown Equipment Corporation (US), Hangcha Group Co., Ltd. (China), Anhui Heli Co., Ltd. (China), Hyundai Construction Equipment India Pvt. Ltd. (India), and Svetruck AB (Sweden) offer a range of industrial vehicles tailored for the metal and heavy machinery industry.

"China poised for considerable growth in the Asia Pacific industrial vehicles market."
China is expected to be the largest market in terms of value and volume in the Asia Pacific industrial vehicles market during the forecast period. The industrial vehicles market is anticipated to experience significant growth in China due to government incentives for industrial infrastructure development, positioning China as the fastest-growing market for material handling equipment. Additionally, major manufacturers are expanding their product portfolio in the country to capitalize on its burgeoning industrial sector. For instance, in May 2023, Hangcha Group Co., Ltd. released the XE series of electric forklifts. These forklifts will have a load-carrying capacity of 1.5-3.8 tons. The availability of a diverse range of electric forklift models from leading manufacturers is expected to fuel the growth of the industrial vehicles market, catering to the evolving needs of industries across China.


In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the industrial vehicles market. The break-up of the primaries is as follows:
- By Company Type: OEMs - 75%, Tier 1 -10% and Others - 15%,
- By Designation: CXO's - 50%, Managers - 30%, and Executives - 20%
- By Region: North America - 40%, Europe - 25%, Asia Pacific - 30%, and Rest of the World - 5%
The industrial vehicles market comprises major manufacturers such as Toyota Industries Corporation (Japan), KION Group AG (Germany), Mitsubishi Logisnext Co., Ltd. (Japan), Jungheinrich AG (Germany), Crown Equipment Corporation (US), and Hyster-Yale Materials Handling, Inc. (US), etc.



Research Coverage:
The study covers the industrial vehicles market across various segments. It aims to estimate the market size and future growth potential across different segments such as vehicle type & capacity, drive type, application, level of autonomy, aerial work platform market by type, and region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.

This research report categorizes the industrial vehicles market by Vehicle Type & Capacity (Forklifts (<5ton, 5-10 ton, 11-36 ton, >36 ton), Aisle trucks (<1ton, 1-2 ton, >2 ton), Tow tractors (<5ton, 5-10 ton, 11-30 ton, >30 ton), Container handlers (<30ton, 30-40 ton, >40 ton), Automated Guided Vehicles, and Personnel Carriers), Drive Type (Internal Combustion Engine Industrial Vehicles, Battery-operated Industrial Vehicles, and Gas-powered Industrial Vehicles), Application (Manufacturing (Chemical, Food & Beverages, Mining, Automotive, Metals & Heavy Machinery, and Others), Warehousing, Freight & Logistics, and Others), Level of Autonomy (Non/Semi-autonomous and Autonomous), Aerial Work Platforms market based on type (Scissor Lifts (Scissor Lifts by Drive Type), Boom Lifts (Articulating AWP, Telescopic AWP), and Boom Lifts by Drive Type) and Region (Asia Pacific, Europe, North America, and Rest of the World).

The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the industrial vehicles market. A detailed analysis of the key industry players provides insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions; and recent developments associated with the industrial vehicles market. This report covers a competitive analysis of SMEs/startups in the industrial vehicles market ecosystem.

Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall industrial vehicles market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

- Analysis of key drivers (E-commerce expansion and warehousing dynamics, Impact of warehouse automation and industry 4.0, Role of JIT inventory management in industrial logistics, Growing infrastructure developments, Industrial vehicles as catalysts for enhancing workplace safety), restraints (Financial implications of automation in forklifts & AGVs, High maintenance and repair costs for industrial vehicles), opportunities (Emergence of rental and leasing in industrial vehicles sector, Rise of battery-powered industrial vehicles, Emerging applications in non-traditional industries, Technological advancements in autonomous industrial vehicles), and challenges (Workplace safety concerns and government regulations, Cost-competitive workforce in emerging markets) influencing the growth of the industrial vehicles market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial vehicles market.

- Market Development: Comprehensive information about lucrative markets - the report analyses the industrial vehicles market across varied regions.

- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial vehicles market.

- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toyota Industries Corporation (Japan), KION Group AG (Germany), Mitsubishi Logisnext Co., Ltd. (Japan), Jungheinrich AG (Germany), Crown Equipment Corporation (US), and Hyster-Yale Materials Handling, Inc. (US) among others in the industrial vehicles market.

- Strategies: The report also helps stakeholders understand the pulse of the industrial vehicles market and provides them with information on key market drivers, restraints, challenges, and opportunities

1 INTRODUCTION 40
1.1 STUDY OBJECTIVES 40
1.2 MARKET DEFINITION 41
TABLE 1 INDUSTRIAL VEHICLES MARKET DEFINITION, BY VEHICLE TYPE 41
TABLE 2 INDUSTRIAL VEHICLES MARKET DEFINITION, BY DRIVE TYPE 41
TABLE 3 AERIAL WORK PLATFORM MARKET DEFINITION, BY TYPE 42
1.2.1 INCLUSIONS AND EXCLUSIONS 42
TABLE 4 INCLUSIONS AND EXCLUSIONS 42
1.3 STUDY SCOPE 43
1.3.1 MARKETS COVERED 43
FIGURE 1 INDUSTRIAL VEHICLES MARKET SEGMENTATION 43
1.3.2 REGIONS COVERED 43
1.3.3 YEARS CONSIDERED 44
1.4 CURRENCY CONSIDERED 44
TABLE 5 CURRENCY EXCHANGE RATES 44
1.5 UNIT CONSIDERED 45
1.6 STAKEHOLDERS 45
1.7 SUMMARY OF CHANGES 45
2 RESEARCH METHODOLOGY 46
2.1 RESEARCH DATA 46
FIGURE 2 RESEARCH DESIGN 46
FIGURE 3 RESEARCH DESIGN MODEL 47
2.1.1 SECONDARY DATA 47
2.1.1.1 Secondary sources for industrial vehicles 48
2.1.1.2 Secondary sources for lifting platforms 48
2.1.1.3 Key data from secondary sources 49
2.1.2 PRIMARY DATA 49
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 50
2.1.2.1 Primary participants 50
2.2 MARKET SIZE ESTIMATION 51
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 52
2.2.1 BOTTOM-UP APPROACH 52
FIGURE 6 BOTTOM-UP APPROACH 52
2.2.2 TOP-DOWN APPROACH 53
FIGURE 7 TOP-DOWN APPROACH 53
FIGURE 8 MARKET ESTIMATION NOTES 54
FIGURE 9 RESEARCH DESIGN AND METHODOLOGY (DEMAND-SIDE) 55
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP (SUPPLY-SIDE) - COLLECTIVE MARKET SHARE OF MAJOR PLAYERS 56
2.3 RECESSION IMPACT ANALYSIS 56
2.4 DATA TRIANGULATION 57
FIGURE 11 DATA TRIANGULATION 57
2.5 FACTOR ANALYSIS 58
FIGURE 12 FACTORS IMPACTING INDUSTRIAL VEHICLES MARKET 58
2.5.1 REGIONAL ECONOMY IMPACT ANALYSIS 58
FIGURE 13 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS 59
2.6 RESEARCH ASSUMPTIONS 60
2.7 RESEARCH LIMITATIONS 61
3 EXECUTIVE SUMMARY 62
FIGURE 14 INDUSTRIAL VEHICLES MARKET OVERVIEW 63
FIGURE 15 INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 64
FIGURE 16 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE, 2024-2030 64
4 PREMIUM INSIGHTS 66
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL VEHICLES MARKET 66
FIGURE 17 RISING EMPHASIS ON OPTIMIZING LOGISTICS AND WAREHOUSING TO DRIVE MARKET 66
4.2 INDUSTRIAL VEHICLES MARKET, BY REGION 67
FIGURE 18 ASIA PACIFIC TO BE LARGEST MARKET FOR INDUSTRIAL VEHICLES DURING FORECAST PERIOD 67
4.3 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE 67
FIGURE 19 AISLE TRUCKS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 67
4.4 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE 68
FIGURE 20 BATTERY-OPERATED SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 68
4.5 INDUSTRIAL VEHICLES MARKET, BY APPLICATION 68
FIGURE 21 WAREHOUSING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 68
4.6 AERIAL WORK PLATFORM MARKET, BY TYPE 69
FIGURE 22 BOOM LIFTS SEGMENT TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD 69
5 MARKET OVERVIEW 70
5.1 INTRODUCTION 70
5.2 MARKET DYNAMICS 71
FIGURE 23 INDUSTRIAL VEHICLES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 71
5.2.1 DRIVERS 71
5.2.1.1 E-commerce expansion and warehousing dynamics 71
FIGURE 24 US: QUARTERLY E-COMMERCE RETAIL SALES, 2022-2023 72
FIGURE 25 TOP 10 WAREHOUSING SOLUTION PROVIDERS IN US, BASED ON LAND AREA, 2023 72
5.2.1.2 Impact of warehouse automation and Industry 4.0 73
FIGURE 26 KEY TECHNOLOGIES OF WAREHOUSE AUTOMATION 73
FIGURE 27 AGV AND AMR CHARACTERISTICS IN WAREHOUSE OPERATIONS 74
5.2.1.3 Role of JIT inventory management in industrial logistics 74
FIGURE 28 BENEFITS OF JIT LOGISTICS 75
5.2.1.4 Growing infrastructure developments 76
5.2.1.5 Industrial vehicles as catalysts for enhancing workplace safety 76
5.2.2 RESTRAINTS 77
5.2.2.1 Financial implications of automation in forklifts and AGVs 77
TABLE 6 AVERAGE SELLING PRICE OF MANUALLY-OPERATED MATERIAL LIFTS AND AUTONOMOUS FORKLIFTS 77
TABLE 7 AVERAGE SELLING PRICE OF FORKLIFTS VS. AGVS 77
5.2.2.2 High maintenance and repair costs of industrial vehicles 78
TABLE 8 FORKLIFT MAINTENANCE CHECKLISTS RECOMMENDED BY OSHA 78
TABLE 9 AVERAGE COST OF IC FORKLIFT REPLACEMENT AND REPAIRS 79
FIGURE 29 AVERAGE FORKLIFT PART COSTS PER SERVICE INTERVAL 79
5.2.3 OPPORTUNITIES 79
5.2.3.1 Emergence of rental and leasing in industrial vehicles sector 79
TABLE 10 AVERAGE COST OF FORKLIFT RENTALS IN US 80
5.2.3.2 Rise of battery-powered industrial vehicles 80
TABLE 11 OEMS AND THEIR KEY ELECTRIC INDUSTRIAL VEHICLE MODELS 80
5.2.3.3 Emerging applications in non-traditional industries 82
5.2.3.4 Technological advancements in autonomous industrial vehicles 82
FIGURE 30 VARIOUS SENSORS USED IN ADVANCED FORKLIFTS 82
5.2.4 CHALLENGES 83
5.2.4.1 Workplace safety concerns and government regulations 83
FIGURE 31 FORKLIFT FATALITIES, BY INDUSTRY 83
FIGURE 32 FORKLIFT ACCIDENT STATISTICS 84
FIGURE 33 EMISSION TIER SLABS FOR OFF-ROAD MOBILE MACHINERY AND FORKLIFTS 84
5.2.4.2 Cost-competitive workforce in emerging markets 84
TABLE 12 IMPACT ANALYSIS OF MARKET DYNAMICS 85
5.3 PRICING ANALYSIS 86
5.3.1 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE, 2021-2023 86
TABLE 13 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY VEHICLE TYPE, 2021-2023 (USD) 86
FIGURE 34 AVERAGE SELLING PRICE TRENDS, BY VEHICLE TYPE, 2021-2023 (USD) 86
5.3.2 AVERAGE SELLING PRICE TRENDS, BY REGION, 2023 87
TABLE 14 AVERAGE SELLING PRICE TRENDS, BY REGION, 2023 (USD) 87
FIGURE 35 AVERAGE SELLING PRICE TRENDS, BY REGION, 2023 (USD) 87
5.4 TOTAL COST OF OWNERSHIP COMPARISON OF ELECTRIC AND ICE FORKLIFTS 87
TABLE 15 PRICES OF EV AND ICE FORKLIFT MODELS IN US (2023) 88
FIGURE 36 5-YEAR TOTAL COST OF OWNERSHIP BREAKDOWN 88
5.5 BILL OF MATERIALS COMPARISON OF ICE AND ELECTRIC FORKLIFTS 89
5.6 ECOSYSTEM ANALYSIS 90
FIGURE 37 INDUSTRIAL VEHICLES MARKET: ECOSYSTEM ANALYSIS 90
TABLE 16 INDUSTRIAL VEHICLES MARKET: ROLE OF COMPANIES IN ECOSYSTEM 91
5.7 VALUE CHAIN ANALYSIS 92
FIGURE 38 INDUSTRIAL VEHICLES MARKET: VALUE CHAIN ANALYSIS 93
5.8 CASE STUDIES 94
5.8.1 MITSUBISHI FORKLIFT ENHANCES SAFETY AT KELLOGG'S MANCHESTER SITE 94
5.8.2 DEMATIC'S AUTONOMOUS FORKLIFT REDUCES DELIVERY TIME AT L'OREAL 94
5.8.3 THYSSENKRUPP EMPLOYS JUNGHEINRICH AG FOR FLEXIBLE AUTOMATION 95
5.8.4 JUNGHEINRICH AG AUTOMATES COKO-WERK GMBH & CO. KG WAREHOUSE 95
5.8.5 TOYOTA DELIVERS SUSTAINABLE AGV SOLUTIONS TO PANASONIC ENERGY 96
5.8.6 LARGE TOYOTA AGV FLEET HELPS FUTURE-PROOF ALBERT HEIJN'S DISTRIBUTION CENTERS 96
5.8.7 TOYOTA'S AUTOMATED FORKLIFTS SUPPORT ELM.LEBLANC'S INDUSTRY 4.0 JOURNEY 97
5.8.8 HUBTEX PARTNERS WITH INTIS FOR INDUCTIVE CHARGING SYSTEM FOR AGVS 97
5.8.9 PORTS AMERICA REPLACES OLDER CONTAINER HANDLERS WITH HYSTER-YALE'S LIFT TRUCKS 98
5.8.10 BEIJER BYGGMATERIAL AB TRANSFORMS ITS FLEET OF DIESEL FORKLIFT TRUCKS TO ELECTRIC FORKLIFT TRUCKS 98
5.9 INVESTMENT AND FUNDING SCENARIO 98
FIGURE 39 INVESTMENT AND FUNDING, 2022-2024 99
TABLE 17 LIST OF FUNDING, 2022-2024 99
5.10 PATENT ANALYSIS 100
5.10.1 INTRODUCTION 100
FIGURE 40 PATENT PUBLICATION TRENDS, 2014-2023 100
5.10.2 LEGAL STATUS OF PATENTS 101
FIGURE 41 LEGAL STATUS OF PATENTS FILED FOR INDUSTRIAL VEHICLES, 2014-2023 101
5.10.3 TOP PATENT APPLICANTS 101
FIGURE 42 INDUSTRIAL VEHICLE PATENTS, BY OEM (2014-2023) 101
TABLE 18 INDUSTRIAL VEHICLES MARKET: KEY PATENTS 102
5.11 TECHNOLOGY ANALYSIS 107
5.11.1 KEY TECHNOLOGIES 107
5.11.1.1 IoT for automated material handling 107
FIGURE 43 IOT-ENABLED WAREHOUSE AND LOGISTICS SYSTEMS 107
5.11.1.2 Smart braking technology for forklifts 107
5.11.2 COMPLIMENTARY TECHNOLOGIES 108
5.11.2.1 Collaborative robots 108
FIGURE 44 FEATURES OF AUTONOMOUS MOBILE ROBOTS 108
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5.11.2.2 Sustainable forklift technology 109
FIGURE 45 HYDROGEN FUEL CELLS VS. LEAD-ACID BATTERIES 109
FIGURE 46 ADVANTAGES OF HYDROGEN FUEL CELLS 110
5.11.3 ADJACENT TECHNOLOGIES 110
5.11.3.1 5G connectivity for automated warehouses 110
5.11.3.2 AI 110
FIGURE 47 BENEFITS OF AI FOR FORKLIFTS IN WAREHOUSES 111
5.12 INDUSTRIAL VEHICLE OFFERINGS BY KEY PLAYERS 111
5.13 TRADE ANALYSIS 113
5.13.1 IMPORT/EXPORT SCENARIO (HS CODE 842710) 113
TABLE 19 IMPORT DATA FOR HS CODE 842710, BY COUNTRY, 2020-2022 (USD MILLION) 113
TABLE 20 EXPORT DATA FOR HS CODE 842710, BY COUNTRY, 2020-2022 (USD MILLION) 114
5.13.2 IMPORT/EXPORT SCENARIO (HS CODE 8427) 114
TABLE 21 IMPORT DATA FOR HS CODE 8427, BY COUNTRY, 2020-2022 (USD MILLION) 114
TABLE 22 EXPORT DATA FOR HS CODE 8427, BY COUNTRY, 2020-2022 (USD MILLION) 115
5.14 REGULATORY LANDSCAPE 115
5.14.1 SAFETY STANDARDS FOR INDUSTRIAL VEHICLES 115
TABLE 23 SAFETY STANDARDS FOR INDUSTRIAL VEHICLES 115
TABLE 24 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 116
5.15 KEY CONFERENCES AND EVENTS 117
TABLE 25 KEY CONFERENCES AND EVENTS, 2024-2025 117
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA 117
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS 117
FIGURE 48 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP FOUR VEHICLE TYPES 118
TABLE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP FOUR VEHICLE TYPES (%) 118
5.16.2 BUYING CRITERIA 118
FIGURE 49 KEY BUYING CRITERIA FOR TOP FOUR VEHICLE TYPES 119
TABLE 27 KEY BUYING CRITERIA FOR TOP FOUR VEHICLE TYPES 119
5.17 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 120
FIGURE 50 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 120
6 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE & CAPACITY 121
6.1 INTRODUCTION 122
FIGURE 51 AISLE TRUCKS SEGMENT TO DOMINATE MARKET IN TERMS OF VALUE FROM 2024 TO 2030 122
TABLE 28 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 123
TABLE 29 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 123
TABLE 30 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 123
TABLE 31 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 123
6.1.1 OPERATIONAL DATA 124
TABLE 32 INDUSTRIAL VEHICLE MODELS OFFERED BY COMPANIES, BY VEHICLE TYPE 124
6.2 FORKLIFTS 126
6.2.1 GROWING ADOPTION OF HUB-AND-SPOKE MODEL TO DRIVE MARKET 126
TABLE 33 FORKLIFTS MARKET, BY REGION, 2019-2023 (USD MILLION) 126
TABLE 34 FORKLIFTS MARKET, BY REGION, 2024-2030 (USD MILLION) 127
TABLE 35 FORKLIFTS MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 127
TABLE 36 FORKLIFTS MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 127
6.2.2 FORKLIFTS MARKET, BY CAPACITY 128
TABLE 37 FORKLIFTS MARKET, BY CAPACITY, 2019-2023 (USD MILLION) 128
TABLE 38 FORKLIFTS MARKET, BY CAPACITY, 2024-2030 (USD MILLION) 128
TABLE 39 FORKLIFTS MARKET, BY CAPACITY, 2019-2023 (THOUSAND UNITS) 128
TABLE 40 FORKLIFTS MARKET, BY CAPACITY, 2024-2030 (THOUSAND UNITS) 129
6.2.3 <5 TONS 129
6.2.4 5-10 TONS 129
6.2.5 11-36 TONS 129
6.2.6 >36 TONS 130
6.3 AISLE TRUCKS 130
6.3.1 INCREASING DEMAND FOR SPACE OPTIMIZATION IN WAREHOUSES TO DRIVE MARKET 130
TABLE 41 AISLE TRUCKS MARKET, BY REGION, 2019-2023 (USD MILLION) 130
TABLE 42 AISLE TRUCKS MARKET, BY REGION, 2024-2030 (USD MILLION) 131
TABLE 43 AISLE TRUCKS MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 131
TABLE 44 AISLE TRUCKS MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 131
6.3.2 AISLE TRUCKS MARKET, BY CAPACITY 132
TABLE 45 AISLE TRUCKS MARKET, BY CAPACITY, 2019-2023 (USD MILLION) 132
TABLE 46 AISLE TRUCKS MARKET, BY CAPACITY, 2024-2030 (USD MILLION) 132
TABLE 47 AISLE TRUCKS MARKET, BY CAPACITY, 2019-2023 (THOUSAND UNITS) 132
TABLE 48 AISLE TRUCKS MARKET, BY CAPACITY, 2024-2030 (THOUSAND UNITS) 132
6.3.3 <1 TON 133
6.3.4 1-2 TONS 133
6.3.5 >2 TONS 133
6.4 TOW TRACTORS 133
6.4.1 RISING DEMAND FOR EFFICIENT MATERIAL HANDLING TO DRIVE MARKET 133
TABLE 49 TOW TRACTORS MARKET, BY REGION, 2019-2023 (USD MILLION) 134
TABLE 50 TOW TRACTORS MARKET, BY REGION, 2024-2030 (USD MILLION) 134
TABLE 51 TOW TRACTORS MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 134
TABLE 52 TOW TRACTORS MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 134
6.4.2 TOW TRACTORS MARKET, BY CAPACITY 135
TABLE 53 TOW TRACTORS MARKET, BY CAPACITY, 2019-2023(USD MILLION) 135
TABLE 54 TOW TRACTORS MARKET, BY CAPACITY, 2024-2030 (USD MILLION) 135
TABLE 55 TOW TRACTORS MARKET, BY CAPACITY, 2019-2023 (THOUSAND UNITS) 135
TABLE 56 TOW TRACTORS MARKET, BY CAPACITY, 2024-2030 (THOUSAND UNITS) 136
6.4.3 <5 TONS 136
6.4.4 5-10 TONS 136
6.4.5 11-30 TONS 136
6.4.6 >30 TONS 136
6.5 CONTAINER HANDLERS 137
6.5.1 INCREASING INFRASTRUCTURE PROJECTS AND STEADY GROWTH IN MARINE SECTOR TO DRIVE MARKET 137
TABLE 57 CONTAINER HANDLERS MARKET, BY REGION, 2019-2023 (USD MILLION) 137
TABLE 58 CONTAINER HANDLERS MARKET, BY REGION, 2024-2030 (USD MILLION) 137
TABLE 59 CONTAINER HANDLERS MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 138
TABLE 60 CONTAINER HANDLERS MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 138
6.5.2 CONTAINER HANDLERS MARKET, BY CAPACITY 138
TABLE 61 CONTAINER HANDLERS MARKET, BY CAPACITY, 2019-2023 (USD MILLION) 138
TABLE 62 CONTAINER HANDLERS MARKET, BY CAPACITY, 2024-2030 (USD MILLION) 139
TABLE 63 CONTAINER HANDLERS MARKET, BY CAPACITY, 2019-2023 (THOUSAND UNITS) 139
TABLE 64 CONTAINER HANDLERS MARKET, BY CAPACITY, 2024-2030 (THOUSAND UNITS) 139
6.5.3 <30 TONS 139
6.5.4 30-40 TONS 139
6.5.5 >40 TONS 140
6.6 AUTOMATED GUIDED VEHICLES 140
6.6.1 GROWING NEED FOR AUTOMATION IN MATERIAL HANDLING PROCESSES TO DRIVE MARKET 140
6.6.1.1 Availability of cost-effective labor restricting adoption of AGVs in emerging economies 141
6.6.1.2 Technical challenges related to sensing elements 141
6.6.1.3 High installation, maintenance, and switching costs associated with AGVs 141
6.7 PERSONNEL CARRIERS 142
6.7.1 RISING LEVELS OF INDUSTRIALIZATION WORLDWIDE TO DRIVE MARKET 142
6.8 KEY PRIMARY INSIGHTS 143
7 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE 144
7.1 INTRODUCTION 145
TABLE 65 LPG FORKLIFTS VS. BATTERY-OPERATED FORKLIFTS 145
FIGURE 52 BATTERY-OPERATED SEGMENT TO REGISTER HIGHEST CAGR FROM 2024 TO 2030 146
TABLE 66 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE, 2019-2023 (USD MILLION) 146
TABLE 67 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE, 2024-2030 (USD MILLION) 146
TABLE 68 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE, 2019-2023 (THOUSAND UNITS) 147
TABLE 69 INDUSTRIAL VEHICLES MARKET, BY DRIVE TYPE, 2024-2030 (THOUSAND UNITS) 147
7.1.1 OPERATIONAL DATA 148
TABLE 70 INDUSTRIAL VEHICLES OFFERED BY COMPANIES, BY DRIVE TYPE 148
7.2 ICE INDUSTRIAL VEHICLES 149
7.2.1 INCREASING DEMAND FROM WAREHOUSING AND TRANSPORTATION SECTORS TO DRIVE MARKET 149
TABLE 71 EMISSION STANDARDS 150
FIGURE 53 KEY DIFFERENCE BETWEEN ICE FORKLIFTS AND ELECTRIC FORKLIFTS 150
TABLE 72 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 151
TABLE 73 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 151
TABLE 74 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 151
TABLE 75 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 152
7.3 BATTERY-OPERATED INDUSTRIAL VEHICLES 152
7.3.1 GROWING ENVIRONMENTAL AWARENESS TO DRIVE DEMAND 152
FIGURE 54 CO2 EMISSION REDUCTION BY TOYOTA INDUSTRIES CORPORATION 153
FIGURE 55 KEY BENEFITS OF ELECTRIC FORKLIFTS 153
TABLE 76 LIFECYCLE COST COMPARISON: ELECTRIC LIFT TRUCKS VS. ICE LIFT TRUCKS 154
TABLE 77 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 154
TABLE 78 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 154
TABLE 79 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 155
TABLE 80 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 155
7.4 GAS-POWERED INDUSTRIAL VEHICLES 156
7.4.1 ABILITY TO OPERATE IN DIVERSE ENVIRONMENTS INDEPENDENTLY OF CHARGING INFRASTRUCTURE TO BOOST DEMAND 156
TABLE 81 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 156
TABLE 82 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 156
TABLE 83 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 157
TABLE 84 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 157
7.5 KEY PRIMARY INSIGHTS 157
?
8 INDUSTRIAL VEHICLES MARKET, BY APPLICATION 158
8.1 INTRODUCTION 159
FIGURE 56 MANUFACTURING SEGMENT TO LEAD MARKET FROM 2024 TO 2030 159
TABLE 85 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2019-2023 (USD MILLION) 159
TABLE 86 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 160
TABLE 87 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2019-2023 (THOUSAND UNITS) 160
TABLE 88 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2024-2030 (THOUSAND UNITS) 160
8.1.1 OPERATIONAL DATA 161
TABLE 89 INDUSTRIAL VEHICLES AND THEIR APPLICATIONS 161
8.2 MANUFACTURING 161
8.2.1 INCREASING ADOPTION OF INDUSTRIAL VEHICLES IN END-USE SECTORS TO DRIVE SEGMENT 161
TABLE 90 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (USD MILLION) 161
TABLE 91 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (USD MILLION) 162
TABLE 92 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 162
TABLE 93 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 162
8.2.2 AUTOMOTIVE 163
8.2.3 METALS & HEAVY MACHINERY 163
8.2.4 CHEMICAL 164
8.2.5 HEALTHCARE 164
8.2.6 FOOD & BEVERAGES 165
8.2.7 OTHERS 165
8.3 WAREHOUSING 166
8.3.1 EXPANSION OF E-COMMERCE SECTOR TO DRIVE SEGMENT 166
FIGURE 57 CHINA: ONLINE RETAIL SALES (2019-2023) 167
TABLE 94 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (USD MILLION) 167
TABLE 95 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (USD MILLION) 167
TABLE 96 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 168
TABLE 97 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 168
8.4 FREIGHT & LOGISTICS 169
8.4.1 CONSUMER SHIFT TOWARD ONLINE SHOPPING TO DRIVE SEGMENT 169
TABLE 98 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (USD MILLION) 169
TABLE 99 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (USD MILLION) 170
TABLE 100 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 170
TABLE 101 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 170
8.5 OTHERS 171
TABLE 102 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (USD MILLION) 171
TABLE 103 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (USD MILLION) 172
TABLE 104 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 172
TABLE 105 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 172
8.6 KEY PRIMARY INSIGHTS 173
9 INDUSTRIAL VEHICLES MARKET, BY LEVEL OF AUTONOMY 174
9.1 INTRODUCTION 174
9.2 NON/SEMI-AUTONOMOUS 174
9.3 AUTONOMOUS 175
FIGURE 58 COST BREAKDOWN OF NON-AUTONOMOUS VS. AUTONOMOUS FORKLIFTS 176
9.4 KEY PRIMARY INSIGHTS 176
10 AERIAL WORK PLATFORM MARKET, BY TYPE 177
10.1 INTRODUCTION 178
FIGURE 59 BOOM LIFTS SEGMENT TO LEAD MARKET FROM 2024 TO 2030 178
TABLE 106 AERIAL WORK PLATFORM MARKET, BY TYPE, 2019-2023 (USD MILLION) 179
TABLE 107 AERIAL WORK PLATFORM MARKET, BY TYPE, 2024-2030 (USD MILLION) 179
TABLE 108 AERIAL WORK PLATFORM MARKET, BY TYPE, 2019-2023 (UNITS) 179
TABLE 109 AERIAL WORK PLATFORM MARKET, BY TYPE, 2024-2030 (UNITS) 179
TABLE 110 AERIAL WORK PLATFORM MARKET, BY DRIVE TYPE, 2019-2023 (USD MILLION) 180
TABLE 111 AERIAL WORK PLATFORM MARKET, BY DRIVE TYPE, 2024-2030 (USD MILLION) 180
TABLE 112 AERIAL WORK PLATFORM MARKET, BY DRIVE TYPE, 2019-2023 (UNITS) 180
TABLE 113 AERIAL WORK PLATFORM MARKET, BY DRIVE TYPE, 2024-2030 (UNITS) 180
10.1.1 OPERATIONAL DATA 181
TABLE 114 AERIAL LIFT PLATFORMS OFFERED BY COMPANIES 181
10.2 BOOM LIFTS 182
10.2.1 GOVERNMENT SUPPORT AND FOREIGN INVESTMENTS TO DRIVE MARKET 182
TABLE 115 BOOM LIFTS MARKET, BY REGION, 2019-2023 (USD MILLION) 183
TABLE 116 BOOM LIFTS MARKET, BY REGION, 2024-2030 (USD MILLION) 183
TABLE 117 BOOM LIFTS MARKET, BY REGION, 2019-2023 (UNITS) 183
TABLE 118 BOOM LIFTS MARKET, BY REGION, 2024-2030 (UNITS) 184
TABLE 119 BOOM LIFTS MARKET, BY DRIVE TYPE, 2019-2023 (USD MILLION) 184
TABLE 120 BOOM LIFTS MARKET, BY DRIVE TYPE, 2024-2030 (USD MILLION) 184
TABLE 121 BOOM LIFTS MARKET, BY DRIVE TYPE, 2019-2023 (UNITS) 184
TABLE 122 BOOM LIFTS MARKET, BY DRIVE TYPE, 2024-2030 (UNITS) 185
10.3 SCISSOR LIFTS 185
10.3.1 GROWING LOGISTICS SECTOR TO DRIVE MARKET 185
TABLE 123 SCISSOR LIFTS MARKET, BY REGION, 2019-2023 (USD MILLION) 186
TABLE 124 SCISSOR LIFTS MARKET, BY REGION, 2024-2030 (USD MILLION) 186
TABLE 125 SCISSOR LIFTS MARKET, BY REGION, 2019-2023 (UNITS) 186
TABLE 126 SCISSOR LIFTS MARKET, BY REGION, 2024-2030 (UNITS) 186
TABLE 127 SCISSOR LIFTS MARKET, BY DRIVE TYPE, 2019-2023 (USD MILLION) 187
TABLE 128 SCISSOR LIFTS MARKET, BY DRIVE TYPE, 2024-2030 (USD MILLION) 187
TABLE 129 SCISSOR LIFTS MARKET, BY DRIVE TYPE, 2019-2023 (UNITS) 187
TABLE 130 SCISSOR LIFTS MARKET, BY DRIVE TYPE, 2024-2030 (UNITS) 187
10.4 KEY PRIMARY INSIGHTS 188
11 INDUSTRIAL VEHICLES MARKET, BY REGION 189
11.1 INTRODUCTION 190
FIGURE 60 INDUSTRIAL VEHICLES MARKET, BY REGION, 2024 VS. 2030 (USD MILLION) 190
TABLE 131 INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (USD MILLION) 190
TABLE 132 INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (USD MILLION) 191
TABLE 133 INDUSTRIAL VEHICLES MARKET, BY REGION, 2019-2023 (THOUSAND UNITS) 191
TABLE 134 INDUSTRIAL VEHICLES MARKET, BY REGION, 2024-2030 (THOUSAND UNITS) 191
11.2 ASIA PACIFIC 192
11.2.1 ASIA PACIFIC: RECESSION IMPACT 192
FIGURE 61 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET SNAPSHOT 193
TABLE 135 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 193
TABLE 136 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 194
TABLE 137 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (THOUSAND UNITS) 194
TABLE 138 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (THOUSAND UNITS) 194
11.2.2 CHINA 195
11.2.2.1 Increasing industrialization and infrastructure development to drive market 195
TABLE 139 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 195
TABLE 140 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 196
TABLE 141 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 196
TABLE 142 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 196
11.2.3 INDIA 197
11.2.3.1 Persistent growth of e-commerce sector to drive market 197
TABLE 143 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 197
TABLE 144 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 197
TABLE 145 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 198
TABLE 146 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 198
11.2.4 JAPAN 198
11.2.4.1 Advancements in electric and autonomous industrial vehicles to drive market 198
TABLE 147 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 199
TABLE 148 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 199
TABLE 149 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 199
TABLE 150 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 200
11.2.5 SOUTH KOREA 200
11.2.5.1 Surging industrialization to drive market 200
TABLE 151 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 201
TABLE 152 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 201
TABLE 153 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 201
TABLE 154 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 202
11.2.6 REST OF ASIA PACIFIC 202
TABLE 155 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 202
TABLE 156 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 203
TABLE 157 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 203
TABLE 158 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 203
11.3 EUROPE 204
11.3.1 EUROPE: RECESSION IMPACT 204
FIGURE 62 EUROPE: INDUSTRIAL VEHICLES MARKET SNAPSHOT 205
TABLE 159 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 205
TABLE 160 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 206
TABLE 161 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (THOUSAND UNITS) 206
TABLE 162 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (THOUSAND UNITS) 206
11.3.2 GERMANY 207
11.3.2.1 Expansion of e-commerce industry to drive market 207
TABLE 163 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 207
TABLE 164 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 207
TABLE 165 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 208
TABLE 166 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 208
11.3.3 UK 208
11.3.3.1 Increasing innovation in material handling equipment to drive market 208
TABLE 167 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 209
TABLE 168 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 209
TABLE 169 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 209
TABLE 170 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 210
11.3.4 FRANCE 210
11.3.4.1 Accelerating automation to drive market 210
TABLE 171 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 210
TABLE 172 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 211
TABLE 173 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 211
TABLE 174 FRANCE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (THOUSAND UNITS) 211
11.3.5 ITALY 212
11.3.5.1 Growing e-commerce sector to drive market 212
TABLE 175 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 212
TABLE 176 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 212
TABLE 177 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 213
TABLE 178 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 213
11.3.6 SPAIN 213
11.3.6.1 Rising activities in logistics and warehousing sectors to drive market 213
TABLE 179 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 214
TABLE 180 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 214
TABLE 181 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 214
TABLE 182 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 215
11.3.7 REST OF EUROPE 215
TABLE 183 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 215
TABLE 184 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 216
TABLE 185 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 216
TABLE 186 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 216
11.4 NORTH AMERICA 217
11.4.1 NORTH AMERICA: RECESSION IMPACT 217
FIGURE 63 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024 VS. 2030 (USD MILLION) 217
TABLE 187 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 218
TABLE 188 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 218
TABLE 189 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (THOUSAND UNITS) 218
TABLE 190 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (THOUSAND UNITS) 218
11.4.2 US 219
11.4.2.1 E-commerce dynamics and automation trends to drive market 219
TABLE 191 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 219
TABLE 192 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 220
TABLE 193 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 220
TABLE 194 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 220
11.4.3 MEXICO 221
11.4.3.1 Growing e-commerce and manufacturing sectors to drive market 221
TABLE 195 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 221
TABLE 196 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 221
TABLE 197 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 222
TABLE 198 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 222
11.4.4 CANADA 222
11.4.4.1 Government initiatives on infrastructure development to drive market 222
TABLE 199 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 223
TABLE 200 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 223
TABLE 201 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 223
TABLE 202 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 224
11.5 REST OF THE WORLD 224
11.5.1 REST OF THE WORLD: RECESSION IMPACT 224
FIGURE 64 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024 VS. 2030 (USD MILLION) 225
TABLE 203 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (USD MILLION) 225
TABLE 204 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 225
TABLE 205 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2019-2023 (THOUSAND UNITS) 226
TABLE 206 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2024-2030 (THOUSAND UNITS) 226
11.5.2 BRAZIL 226
11.5.2.1 Expanding food & beverages manufacturing sector to drive market 226
TABLE 207 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 227
TABLE 208 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 227
TABLE 209 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 227
TABLE 210 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 228
11.5.3 SOUTH AFRICA 228
11.5.3.1 Growing manufacturing sector to drive market 228
TABLE 211 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 228
TABLE 212 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 229
TABLE 213 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 229
TABLE 214 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 229
11.5.4 OTHERS 230
TABLE 215 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (USD MILLION) 230
TABLE 216 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (USD MILLION) 230
TABLE 217 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2019-2023 (THOUSAND UNITS) 231
TABLE 218 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2024-2030 (THOUSAND UNITS) 231
12 COMPETITIVE LANDSCAPE 232
12.1 INTRODUCTION 232
12.2 MARKET SHARE ANALYSIS, 2022 232
TABLE 219 MARKET SHARE ANALYSIS, 2022 232
FIGURE 65 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2022 233
12.3 REVENUE ANALYSIS, 2018-2022 235
FIGURE 66 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018-2022 235
12.4 COMPANY VALUATION AND FINANCIAL METRICS 235
FIGURE 67 COMPANY VALUATION OF TOP FIVE PLAYERS 236
FIGURE 68 FINANCIAL MATRIX OF TOP FIVE PLAYERS 236
12.5 BRAND/PRODUCT COMPARISON 237
FIGURE 69 BRAND/PRODUCT COMPARISON OF TOP FIVE PLAYERS 237
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 237
12.6.1 STARS 238
12.6.2 EMERGING LEADERS 238
12.6.3 PERVASIVE PLAYERS 238
12.6.4 PARTICIPANTS 238
FIGURE 70 INDUSTRIAL VEHICLES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 239
12.6.5 COMPANY FOOTPRINT 240
FIGURE 71 INDUSTRIAL VEHICLES MARKET: COMPANY FOOTPRINT, 2024 240
TABLE 220 INDUSTRIAL VEHICLES MARKET: REGION FOOTPRINT, 2024 241
TABLE 221 INDUSTRIAL VEHICLES MARKET: DRIVE TYPE FOOTPRINT, 2024 242
TABLE 222 INDUSTRIAL VEHICLES MARKET: VEHICLE TYPE FOOTPRINT, 2024 243
TABLE 223 INDUSTRIAL VEHICLES MARKET: APPLICATION FOOTPRINT, 2024 244
12.7 COMPANY EVALUATION MATRIX: START-UP/SMES, 2024 244
12.7.1 PROGRESSIVE COMPANIES 244
12.7.2 RESPONSIVE COMPANIES 244
12.7.3 DYNAMIC COMPANIES 245
12.7.4 STARTING BLOCKS 245
FIGURE 72 INDUSTRIAL VEHICLES MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024 245
12.7.5 COMPETITIVE BENCHMARKING 246
TABLE 224 INDUSTRIAL VEHICLES MARKET: KEY START-UPS/SMES 246
TABLE 225 INDUSTRIAL VEHICLES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 247

12.8 COMPANY EVALUATION MATRIX FOR AERIAL WORK PLATFORMS MARKET 248
12.8.1 STARS 248
12.8.2 EMERGING LEADERS 248
12.8.3 PERVASIVE PLAYERS 248
12.8.4 PARTICIPANTS 249
FIGURE 73 AERIAL WORK PLATFORMS MARKET: COMPANY EVALUATION MATRIX, 2024 249
12.8.5 COMPANY FOOTPRINT 250
FIGURE 74 AERIAL WORK PLATFORMS MARKET: COMPANY FOOTPRINT, 2024 250
TABLE 226 AERIAL WORK PLATFORMS MARKET: REGION FOOTPRINT, 2024 250
TABLE 227 AERIAL WORK PLATFORMS MARKET: TYPE FOOTPRINT, 2024 251
12.9 COMPETITIVE SCENARIO 252
12.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 252
TABLE 228 INDUSTRIAL VEHICLES MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2022-2024 252
12.9.2 DEALS 254
TABLE 229 INDUSTRIAL VEHICLES MARKET: DEALS, 2022-2024 254
12.9.3 EXPANSIONS 256
TABLE 230 INDUSTRIAL VEHICLES MARKET: EXPANSIONS, 2022-2024 256
13 COMPANY PROFILES 259
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS (INDUSTRIAL VEHICLES) 259
13.1.1 TOYOTA INDUSTRIES CORPORATION 259
TABLE 231 TOYOTA INDUSTRIES CORPORATION: COMPANY OVERVIEW 259
FIGURE 75 TOYOTA INDUSTRIES CORPORATION: COMPANY SNAPSHOT 260
FIGURE 76 PERCENTAGE OF TOTAL SHARES FOR TOYOTA INDUSTRIES CORPORATION'S MAJOR SHAREHOLDERS (2023) 261
FIGURE 77 KEY PRODUCTS OF TOYOTA INDUSTRIES CORPORATION 261
TABLE 232 TOYOTA INDUSTRIES CORPORATION: PRODUCTS OFFERED 262
TABLE 233 TOYOTA INDUSTRIES CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 262
TABLE 234 TOYOTA INDUSTRIES CORPORATION: DEALS 263
13.1.2 KION GROUP AG 266
TABLE 235 KION GROUP AG: COMPANY OVERVIEW 266
FIGURE 78 KION GROUP AG: COMPANY SNAPSHOT 267
FIGURE 79 KION GROUP AG: EMPLOYEE STRENGTH, BY REGION (2023) 267
FIGURE 80 KION GROUP AG: PRODUCTION SITES (2023) 268
TABLE 236 KION GROUP AG: PRODUCTS OFFERED 268
TABLE 237 KION GROUP AG: PRODUCT LAUNCHES/DEVELOPMENTS 268
TABLE 238 KION GROUP AG: DEALS 269
TABLE 239 KION GROUP AG: EXPANSIONS 270
13.1.3 MITSUBISHI LOGISNEXT CO., LTD. 273
TABLE 240 MITSUBISHI LOGISNEXT CO., LTD.: COMPANY OVERVIEW 273
FIGURE 81 MITSUBISHI LOGISNEXT CO., LTD.: COMPANY SNAPSHOT 274
TABLE 241 MITSUBISHI LOGISNEXT CO., LTD.: MAJOR SHAREHOLDERS (COMMON STOCK) 274
TABLE 242 MITSUBISHI LOGISNEXT CO., LTD.: PRODUCTS OFFERED 275
TABLE 243 MITSUBISHI LOGISNEXT CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 275
TABLE 244 MITSUBISHI LOGISNEXT CO., LTD.: DEALS 277
TABLE 245 MITSUBISHI LOGISNEXT CO., LTD.: EXPANSIONS 277
TABLE 246 MITSUBISHI LOGISNEXT CO., LTD.: OTHER DEVELOPMENTS 278
13.1.4 JUNGHEINRICH AG 279
TABLE 247 JUNGHEINRICH AG: COMPANY OVERVIEW 279
FIGURE 82 JUNGHEINRICH AG: COMPANY SNAPSHOT 280
FIGURE 83 JUNGHEINRICH AG: GEOGRAPHIC PRESENCE 281
TABLE 248 JUNGHEINRICH AG: PRODUCTS OFFERED 281
TABLE 249 JUNGHEINRICH AG: PRODUCT LAUNCHES/DEVELOPMENTS 282
TABLE 250 JUNGHEINRICH AG: DEALS 282
TABLE 251 JUNGHEINRICH AG: EXPANSIONS 283
13.1.5 CROWN EQUIPMENT CORPORATION 285
TABLE 252 CROWN EQUIPMENT CORPORATION: COMPANY OVERVIEW 285
TABLE 253 MAJOR BUYERS OF PRODUCTS & SERVICES FROM CROWN EQUIPMENT CORPORATION 285
TABLE 254 CROWN EQUIPMENT CORPORATION: PRODUCTS OFFERED 286
TABLE 255 CROWN EQUIPMENT CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 286
TABLE 256 CROWN EQUIPMENT CORPORATION: EXPANSIONS 287
13.1.6 HYSTER-YALE MATERIALS HANDLING, INC. 289
TABLE 257 HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY OVERVIEW 289
FIGURE 84 HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY SNAPSHOT 290
TABLE 258 HYSTER-YALE MATERIALS HANDLING, INC.: PRODUCTS OFFERED 290
TABLE 259 HYSTER-YALE MATERIALS HANDLING, INC.: WORLDWIDE LIFT TRUCK SALES, BY PRODUCT (2023) 291
TABLE 260 HYSTER-YALE MATERIALS HANDLING, INC.: PRODUCT LAUNCHES/DEVELOPMENTS 291
TABLE 261 HYSTER-YALE MATERIALS HANDLING, INC.: DEALS 292
TABLE 262 HYSTER-YALE MATERIALS HANDLING, INC.: EXPANSIONS 293
TABLE 263 HYSTER-YALE MATERIALS HANDLING, INC.: OTHER DEVELOPMENTS 293
13.1.7 HANGCHA GROUP CO., LTD. 294
TABLE 264 HANGCHA GROUP CO., LTD.: COMPANY OVERVIEW 294
TABLE 265 HANGCHA GROUP CO., LTD.: PRODUCTS OFFERED 294
TABLE 266 HANGCHA GROUP CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 295
TABLE 267 HANGCHA GROUP CO., LTD.: EXPANSIONS 296
13.1.8 CLARK 297
TABLE 268 CLARK: COMPANY OVERVIEW 297
FIGURE 85 CLARK: COMPANY SNAPSHOT 297
TABLE 269 CLARK: PRODUCTS OFFERED 298
TABLE 270 CLARK: PRODUCT LAUNCHES/DEVELOPMENTS 298
TABLE 271 CLARK: EXPANSIONS 299
13.1.9 ANHUI HELI CO., LTD. 300
TABLE 272 ANHUI HELI CO., LTD.: COMPANY OVERVIEW 300
FIGURE 86 ANHUI HELI CO., LTD.: COMPANY SNAPSHOT 300
TABLE 273 ANHUI HELI CO., LTD.: PRODUCTS OFFERED 301
TABLE 274 ANHUI HELI CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 301
TABLE 275 ANHUI HELI CO., LTD.: DEALS 302
TABLE 276 ANHUI HELI CO., LTD.: OTHER DEVELOPMENTS 302
13.1.10 KONECRANES 303
TABLE 277 KONECRANES: COMPANY OVERVIEW 303
FIGURE 87 KONECRANES: COMPANY SNAPSHOT 304
TABLE 278 KONECRANES: PRODUCTS OFFERED 304
TABLE 279 KONECRANES: PRODUCT LAUNCHES/DEVELOPMENTS 305
TABLE 280 KONECRANES: DEALS 305
TABLE 281 KONECRANES: OTHER DEVELOPMENTS 305
13.1.11 EP EQUIPMENT 307
TABLE 282 EP EQUIPMENT: COMPANY OVERVIEW 307
FIGURE 88 EP EQUIPMENT: COMPANY SNAPSHOT 307
TABLE 283 EP EQUIPMENT: PRODUCTS OFFERED 308
TABLE 284 EP EQUIPMENT: PRODUCT LAUNCHES/DEVELOPMENTS 308
TABLE 285 EP EQUIPMENT: EXPANSIONS 308
TABLE 286 EP EQUIPMENT: OTHER DEVELOPMENTS 309
13.2 OTHER PLAYERS (INDUSTRIAL VEHICLES) 310
13.2.1 KOMATSU LTD. 310
TABLE 287 KOMATSU LTD.: COMPANY OVERVIEW 310
13.2.2 DOOSAN INDUSTRIAL VEHICLE 311
TABLE 288 DOOSAN INDUSTRIAL VEHICLE: COMPANY OVERVIEW 311
13.2.3 MANITOU GROUP 312
TABLE 289 MANITOU GROUP: COMPANY OVERVIEW 312
13.2.4 CARGOTEC CORPORATION 313
TABLE 290 CARGOTEC CORPORATION: COMPANY OVERVIEW 313
13.2.5 ACTION CONSTRUCTION EQUIPMENT LTD. 314
TABLE 291 ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY OVERVIEW 314
13.2.6 HYUNDAI CONSTRUCTION EQUIPMENT INDIA PVT. LTD. 315
TABLE 292 HYUNDAI CONSTRUCTION EQUIPMENT INDIA PVT. LTD.: COMPANY OVERVIEW 315
13.2.7 V. MARIOTTI SRL 316
TABLE 293 V. MARIOTTI SRL: COMPANY OVERVIEW 316
13.2.8 COMBILIFT 317
TABLE 294 COMBILIFT: COMPANY OVERVIEW 317
13.2.9 DAIFUKU 318
TABLE 295 DAIFUKU: COMPANY OVERVIEW 318
13.2.10 JBT 319
TABLE 296 JBT: COMPANY OVERVIEW 319
13.2.11 LONKING MACHINERY CO., LTD. 320
TABLE 297 LONKING MACHINERY CO., LTD.: COMPANY OVERVIEW 320
13.2.12 HUBTEX MASCHINENBAU GMBH & CO. KG 321
TABLE 298 HUBTEX MASCHINENBAU GMBH & CO. KG: COMPANY OVERVIEW 321
13.2.13 GODREJ & BOYCE MFG. CO. LTD. 322
TABLE 299 GODREJ & BOYCE MFG. CO. LTD.: COMPANY OVERVIEW 322
13.2.14 SVETRUCK AB 323
TABLE 300 SVETRUCK AB: COMPANY OVERVIEW 323
13.2.15 STOCKLIN LOGISTIK AG 323
TABLE 301 STOCKLIN LOGISTIK AG: COMPANY OVERVIEW 323
13.2.16 O.M.G. SRL 324
TABLE 302 O.M.G. SRL: COMPANY OVERVIEW 324
13.2.17 PALETRANS FORKLIFTS 324
TABLE 303 PALETRANS FORKLIFTS: COMPANY OVERVIEW 324
13.2.18 GENKINGER GMBH 325
TABLE 304 GENKINGER GMBH: COMPANY OVERVIEW 325
13.2.19 FLEXI TRUCKS 325
TABLE 305 FLEXI TRUCKS: COMPANY OVERVIEW 325
13.2.20 AGILOX SERVICES GMBH 326
TABLE 306 AGILOX SERVICES GMBH: COMPANY OVERVIEW 326
13.3 KEY PLAYERS (LIFTING PLATFORMS) 327
13.3.1 JLG INDUSTRIES, INC. 327
TABLE 307 JLG INDUSTRIES, INC.: COMPANY OVERVIEW 327
FIGURE 89 JLG INDUSTRIES, INC.: COMPANY SNAPSHOT 327
TABLE 308 JLG INDUSTRIES, INC.: MAJOR CENTERS 328
TABLE 309 JLG INDUSTRIES, INC.: PRODUCTS OFFERED 329
TABLE 310 JLG INDUSTRIES, INC.: PRODUCT LAUNCHES/DEVELOPMENTS 329
TABLE 311 JLG INDUSTRIES, INC.: DEALS 330
TABLE 312 JLG INDUSTRIES, INC.: EXPANSIONS 331
13.3.2 TADANO LTD. 332
TABLE 313 TADANO LTD.: COMPANY OVERVIEW 332
FIGURE 90 TADANO LTD.: COMPANY SNAPSHOT 333
TABLE 314 TADANO LTD.: PRODUCTS OFFERED 333
TABLE 315 TADANO LTD.: DEALS 334
TABLE 316 TADANO LTD.: EXPANSIONS 334
TABLE 317 TADANO LTD.: OTHER DEVELOPMENTS 334
13.3.3 TEREX CORPORATION 335
TABLE 318 TEREX CORPORATION: COMPANY OVERVIEW 335
FIGURE 91 TEREX CORPORATION: COMPANY SNAPSHOT 336
FIGURE 92 TEREX CORPORATION: BRANDS AND OFFERINGS 337
TABLE 319 TEREX CORPORATION: PATENTS 337
TABLE 320 TEREX CORPORATION: PRODUCTS OFFERED 338
TABLE 321 TEREX CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 338
TABLE 322 TEREX CORPORATION: EXPANSIONS 339
13.3.4 LINAMAR CORPORATION 340
TABLE 323 LINAMAR CORPORATION: COMPANY OVERVIEW 340
FIGURE 93 LINAMAR CORPORATION: COMPANY SNAPSHOT 341
TABLE 324 LINAMAR CORPORATION: MANUFACTURING FACILITIES 341
TABLE 325 LINAMAR CORPORATION: PRODUCTS OFFERED 342
TABLE 326 LINAMAR CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 342
TABLE 327 LINAMAR CORPORATION: DEALS 343
TABLE 328 LINAMAR CORPORATION: EXPANSIONS 344
13.3.5 MAGNI TELESCOPIC HANDLERS SRL 345
TABLE 329 MAGNI TELESCOPIC HANDLERS SRL: COMPANY OVERVIEW 345
TABLE 330 MAGNI TELESCOPIC HANDLERS SRL: PRODUCTS OFFERED 345
TABLE 331 MAGNI TELESCOPIC HANDLERS SRL: PRODUCT LAUNCHES/DEVELOPMENTS 345
TABLE 332 MAGNI TELESCOPIC HANDLERS SRL: DEALS 346
TABLE 333 MAGNI TELESCOPIC HANDLERS SRL: EXPANSIONS 346
13.4 OTHER PLAYERS (LIFTING PLATFORMS) 347
13.4.1 HAULOTTE GROUP 347
TABLE 334 HAULOTTE GROUP: COMPANY OVERVIEW 347
13.4.2 AICHI CORPORATION 348
TABLE 335 AICHI CORPORATION: COMPANY OVERVIEW 348
13.4.3 PALFINGER AG 349
TABLE 336 PALFINGER AG: COMPANY OVERVIEW 349
13.4.4 IMER INTERNATIONAL S.P.A. 350
TABLE 337 IMER INTERNATIONAL S.P.A.: COMPANY OVERVIEW 350
13.4.5 SINOBOOM INTELLIGENT EQUIPMENT CO., LTD. 351
TABLE 338 SINOBOOM INTELLIGENT EQUIPMENT CO., LTD.: COMPANY OVERVIEW 351
13.4.6 ALTEC INDUSTRIES 352
TABLE 339 ALTEC INDUSTRIES: COMPANY OVERVIEW 352
13.4.7 J C BAMFORD EXCAVATORS LTD. 353
TABLE 340 JC BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW 353
13.4.8 NOBLELIFT INTELLIGENT EQUIPMENT CO., LTD. 354
TABLE 341 NOBLELIFT INTELLIGENT EQUIPMENT CO., LTD.: COMPANY OVERVIEW 354
13.4.9 BRONTO SKYLIFT 355
TABLE 342 BRONTO SKYLIFT: COMPANY OVERVIEW 355
13.4.10 SNORKEL 356
TABLE 343 SNORKEL: COMPANY OVERVIEW 356
13.4.11 DINOLIFT OY 357
TABLE 344 DINOLIFT OY: COMPANY OVERVIEW 357
14 RECOMMENDATIONS BY MARKETSANDMARKETS 358
14.1 ASIA PACIFIC TO BE DOMINANT MARKET FOR INDUSTRIAL VEHICLES 358
14.2 GERMANY TO BE FASTEST-GROWING MARKET IN EUROPE 358
14.3 IMPACT OF E-COMMERCE ON INDUSTRIAL VEHICLES MARKET 359
14.4 AUTONOMOUS FORKLIFTS TO BE KEY FOCUS AREA FOR INDUSTRIAL VEHICLE MANUFACTURERS 359
14.5 CONCLUSION 359
15 APPENDIX 360
15.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 360
15.2 DISCUSSION GUIDE 360
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 363
15.4 CUSTOMIZATION OPTIONS 365
15.4.1 BY CAPACITY, AT REGIONAL LEVEL, FOR EACH VEHICLE TYPE 365
15.4.2 BY DRIVE TYPE, AT REGIONAL LEVEL, FOR EACH VEHICLE TYPE 365
15.4.3 BY APPLICATION, AT GLOBAL LEVEL, FOR EACH VEHICLE TYPE 365
15.4.4 COMPANY INFORMATION 365
15.4.4.1 Profiling of additional market players (up to five) 365
15.5 RELATED REPORTS 365
15.6 AUTHOR DETAILS 366

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