Market By Product Type, Power Source, Class, End-user, And Geography | Forecast 2019-2027
The market for forklift trucks in the Asia-Pacific has been speculated to make progress at a compound annual growth rate of 2.25% throughout the estimated period 2019-2027.
The countries scrutinized in the report on the Asia-Pacific forklift truck market are:
• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN countries
• Rest of APAC
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The retail & wholesale sector in South Korea is on a surging trend. The organizations operating in the retail sector, which also includes multinational brands, have been establishing their warehouses in the country for storage purposes. Forklift trucks are used in these warehouses to ensure smooth logistics supply, which has led to a growth in their demand. The growth in demand for forklift trucks, thereby, fuels the growth of South Korea’s forklift truck market.
In Australia & New Zealand as well, the growth of the forklift truck market can be attributed to the increasing establishment of warehouses as a result of the expanding e-commerce industry. Multinational companies operating in the e-commerce sector have been making substantial investments for setting up their warehouses in the region, which has fueled the demand for and the adoption of forklift trucks in the Australia & New Zealand market.
There has been a growth in the Japanese automotive sector owing to the increasing production of passenger vehicles, as well as, commercial vehicles in the country. The country is home to forklift truck manufacturers such as Toyota Industries Corporation and Mitsubishi Nichiyu Forklift Co., Ltd., that operate at a global level. In the manufacturing sector, forklifts are used to facilitate operational processes for assembling and handling heavy automobile parts. These factors have led to the growth of Japan’s forklift truck market.
Founded in 1921, Komatsu Ltd. has been engaged in the manufacture and sales of lift trucks, forklift trucks, articulated dump trucks, off-highway dump trucks, and crawler carriers since 2000. The company generated revenues worth $14.25 million, at the end of 2017. The Japan-based company has its headquarters in Minato-ku, Tokyo.
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VIEW REPORT1. ASIA-PACIFIC
FORKLIFT TRUCK MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. ASIA-PACIFIC
TO LEAD THE ASIA-PACIFIC FORKLIFT TRUCK MARKET
2.2.2. COUNTERBALANCE
FORKLIFT TO HOLD THE LARGEST SHARE IN THE PRODUCT TYPE SEGMENT
2.3. EVOLUTION
& TRANSITION OF FORKLIFT TRUCKS
2.4. PORTER’S
FIVE FORCES ANALYSIS
2.4.1. THREAT
OF NEW ENTRANTS
2.4.2. THREAT
OF SUBSTITUTE
2.4.3. BARGAINING
POWER OF SUPPLIERS
2.4.4. BARGAINING
POWER OF BUYERS
2.4.5. THREAT
OF COMPETITIVE RIVALRY
2.5. KEY
IMPACT ANALYSIS
2.5.1. COST
2.5.2. TYPE
OF ENGINE
2.5.3. PAYLOAD
CAPACITIES
2.5.4. LIFT
HEIGHT
2.6. MARKET
ATTRACTIVENESS INDEX
2.7. VENDOR
SCORECARD
2.8. REGULATORY
FRAMEWORK
2.9. MARKET
DRIVERS
2.9.1. INCREASING
GROWTH OF THE MANUFACTURING INDUSTRY
2.9.2. RISE
IN E-COMMERCE BUSINESS
2.9.3. WAREHOUSE
EXPANSIONS
2.10. MARKET
RESTRAINTS
2.10.1. LIMITED
NUMBER OF RAW MATERIAL SUPPLIERS
2.11. MARKET
OPPORTUNITIES
2.11.1. TECHNOLOGICAL
ADVANCEMENTS IN FORKLIFT TRUCKS
2.11.2. ADOPTION
OF ENVIRONMENT-FRIENDLY LOGISTICS
2.12. MARKET
CHALLENGES
2.12.1. GOVERNMENT
RULES & REGULATIONS
3. ASIA-PACIFIC
FORKLIFT TRUCK MARKET OUTLOOK – BY PRODUCT TYPE
3.1. WAREHOUSE
FORKLIFT
3.2. COUNTERBALANCE
FORKLIFT
4. ASIA-PACIFIC
FORKLIFT TRUCK MARKET OUTLOOK – BY POWER SOURCE
4.1. INTERNAL
COMBUSTION ENGINE
4.2. ELECTRIC
MOTOR
5. ASIA-PACIFIC
FORKLIFT TRUCK MARKET OUTLOOK – BY CLASS
5.1. CLASS
1
5.2. CLASS
2
5.3. CLASS
3
5.4. CLASS
4
5.5. CLASS
5
6. ASIA-PACIFIC
FORKLIFT TRUCK MARKET OUTLOOK – BY END-USER
6.1. RETAIL
& WHOLESALE
6.2. LOGISTICS
6.3. AUTOMOTIVE
6.4. FOOD
INDUSTRY
6.5. OTHERS
7. ASIA-PACIFIC
FORKLIFT TRUCK MARKET – REGIONAL OUTLOOK
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH
KOREA
7.5. ASEAN
COUNTRIES
7.6. AUSTRALIA
& NEW ZEALAND
7.7. REST
OF ASIA-PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. HANGCHA
GROUP CO., LTD.
8.2. KION
GROUP AG
8.3. ANHUI
HELI CO., LTD.
8.4. CLARK
MATERIAL HANDLING COMPANY
8.5. CROWN
EQUIPMENT CORPORATION
8.6. TOYOTA
INDUSTRIES CORPORATION
8.7. MITSUBISHI
LOGISNEXT CO., LTD.
8.8. JUNGHEINRICH
AG
8.9. EP
EQUIPMENT CO., LTD.
8.10. HYSTER-YALE
MATERIALS HANDLING, INC.
8.11. HYUNDAI
HEAVY INDUSTRIES CO., LTD.
8.12. KOMATSU
LTD
8.13. LONKING
HOLDINGS LIMITED
8.14. GODREJ
& BOYCE MANUFACTURING COMPANY LIMITED
8.15. DOOSAN
CORPORATION INDUSTRIAL VEHICLE
9. METHODOLOGY
& SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: REGULATORY
FRAMEWORK
TABLE 4: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY POWER SOURCE, 2019-2027 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS, 2019-2027 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
FIGURE 1: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 2: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY COUNTERBALANCE FORKLIFT, 2019-2027 (IN $ MILLION)
FIGURE 3: EVOLUTION OF
FORKLIFT TRUCKS
FIGURE 4: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 5: KEY BUYING
IMPACT ANALYSIS
FIGURE 6: MARKET
ATTRACTIVENESS INDEX
FIGURE 7: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY WAREHOUSE FORKLIFT, 2019-2027 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY COUNTERBALANCE FORKLIFT, 2019-2027 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY INTERNAL COMBUSTION ENGINE, 2019-2027 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY ELECTRIC MOTOR 2019-2027 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS 1, 2019-2027 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS 2, 2019-2027 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS 3, 2019-2027 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS 4, 2019-2027 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY CLASS 5, 2019-2027 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY RETAIL & WHOLESALE, 2019-2027 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY LOGISTICS, 2019-2027 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY FOOD INDUSTRY, 2019-2027 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC
FORKLIFT TRUCK MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 22: CHINA
FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 23: JAPAN
FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 24: INDIA
FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 25: SOUTH KOREA
FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 26: ASEAN
COUNTRIES FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 27: AUSTRALIA
& NEW ZEALAND FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)
FIGURE 28: REST OF
ASIA-PACIFIC FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)