EUROPE FORKLIFT TRUCK MARKET 2019-2027

Building & Construction | Construction Materials

EUROPE FORKLIFT TRUCK MARKET 2019-2027

Market By Product Type, Power Source, Class, End-user, And Geography | Forecast 2019-2027

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The report of the research conducted by Triton on the Europe forklift truck market states that the industry would showcase growth in revenue, at 2.04% of CAGR, during the forecast period 2019-2027.

The countries analyzed in the European forklift truck market are:

•    Russia

•    Germany

•    France

•    Italy

•    The United Kingdom

•    Spain

•    Rest of Europe

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The investments made by the UK government to enhance seaport infrastructure in the country have led to the growth of the United Kingdom’s forklift truck market. Forklifts play a vital role in ensuring an effective logistics supply at seaports, and this directly impacts the growth of the UK forklift truck market. 

The ports in the United Kingdom are at the center of the new governmental program ‘Maritime 2050,’ states the British Port Association (BPA). Under this program, the government plans on investing $2.4 million to strengthen the seaport infrastructure and upgrade eighteen ports in Great Britain.

Further, the growth of e-commerce is also expected to open up growth avenues for the UK’s forklift market during the forecast years. The e-commerce industry in the country has witnessed significant growth in the last few years, with 82% internet users opting for online shopping, as per the E-commerce News Organization. The growth in e-commerce necessitates the demand for warehouses, which, in turn, raises the demand for forklift trucks, as these trucks ensure efficient logistics supply. The heightened demand for forklift trucks thereby influences the growth of the forklift truck market in the United Kingdom.

Jungheinrich AG is one of the key players in the field of material flow engineering, material handling equipment, and warehousing. The company is engaged in the manufacture of battery, diesel & gas-powered merchandise forklifts and stackers. In 2016, Jungheinrich AG generated revenues worth $3.6 million. With 50 years of industry experience and 14,000 employees, the company is headquartered in the city of Hamburg in Germany.

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Table of Content

1.    EUROPE FORKLIFT TRUCK MARKET – SUMMARY      

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION                 

2.2. EVOLUTION & TRANSITION OF FORKLIFT TRUCKS        

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS    

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS      

2.3.5. THREAT OF COMPETITIVE RIVALRY  

2.4. KEY IMPACT ANALYSIS

2.4.1. COST 

2.4.2. TYPE OF ENGINE  

2.4.3. PAYLOAD CAPACITIES    

2.4.4. LIFT HEIGHT

2.5. MARKET ATTRACTIVENESS INDEX  

2.6. VENDOR SCORECARD 

2.7. REGULATORY FRAMEWORK  

2.8. MARKET DRIVERS         

2.8.1. INCREASING GROWTH OF MANUFACTURING INDUSTRY APPLICATION        

2.8.2. RISE IN E-COMMERCE BUSINESS       

2.8.3. WAREHOUSE EXPANSIONS      

2.9. MARKET RESTRAINTS  

2.9.1. LIMITED NUMBER OF RAW MATERIAL SUPPLIERS

2.10. MARKET OPPORTUNITIES     

2.10.1. TECHNOLOGICAL ADVANCEMENTS IN FORKLIFT TRUCKS     

2.10.2. ADOPTION OF ENVIRONMENT-FRIENDLY LOGISTICS

2.10.3. COUNTERBALANCE FORKLIFT TO HOLD THE LARGEST SHARE IN THE PRODUCT TYPE SEGMENT          

2.11. MARKET CHALLENGES          

2.11.1. GOVERNMENT RULES & REGULATIONS     

3.    EUROPE FORKLIFT TRUCK MARKET OUTLOOK – BY PRODUCT TYPE    

3.1. WAREHOUSE FORKLIFT           

3.2. COUNTERBALANCE FORKLIFT          

4.    EUROPE FORKLIFT TRUCK MARKET OUTLOOK – BY POWER SOURCE  

4.1. INTERNAL COMBUSTION ENGINE     

4.2. ELECTRIC MOTOR          

5.    EUROPE 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.    EUROPE 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.    EUROPE FORKLIFT TRUCK MARKET – REGIONAL OUTLOOK          

7.1. UNITED KINGDOM          

7.2. GERMANY 

7.3. FRANCE    

7.4. SPAIN         

7.5. ITALY          

7.6. RUSSIA      

7.7. REST OF EUROPE          

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  

 

List of table

TABLE 1: EUROPE FORKLIFT TRUCK MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: EUROPE FORKLIFT TRUCK MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 5: EUROPE FORKLIFT TRUCK MARKET, BY PRODUCT TYPE, 2019-2027 (IN $ MILLION)

TABLE 6: EUROPE FORKLIFT TRUCK MARKET, BY POWER SOURCE, 2019-2027 (IN $ MILLION)

TABLE 7: EUROPE FORKLIFT TRUCK MARKET, BY CLASS, 2019-2027 (IN $ MILLION)

TABLE 8: EUROPE FORKLIFT TRUCK MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1: EUROPE FORKLIFT TRUCK MARKET, BY COUNTERBALANCE FORKLIFT, 2019-2027 (IN $ MILLION)

FIGURE 2: EVOLUTION OF FORKLIFT TRUCKS

FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

FIGURE 4: KEY BUYING IMPACT ANALYSIS

FIGURE 5: MARKET ATTRACTIVENESS INDEX

FIGURE 6: EUROPE FORKLIFT TRUCK MARKET, BY WAREHOUSE FORKLIFT, 2019-2027 (IN $ MILLION)

FIGURE 7: EUROPE FORKLIFT TRUCK MARKET, BY COUNTERBALANCE FORKLIFT, 2019-2027 (IN $ MILLION)

FIGURE 8: EUROPE FORKLIFT TRUCK MARKET, BY INTERNAL COMBUSTION ENGINE, 2019-2027 (IN $ MILLION)

FIGURE 9: EUROPE FORKLIFT TRUCK MARKET, BY ELECTRIC MOTOR, 2019-2027 (IN $ MILLION)

FIGURE 10: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 1, 2019-2027 (IN $ MILLION)

FIGURE 11: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 2, 2019-2027 (IN $ MILLION)

FIGURE 12: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 3, 2019-2027 (IN $ MILLION)

FIGURE 13: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 4, 2019-2027 (IN $ MILLION)

FIGURE 14: EUROPE FORKLIFT TRUCK MARKET, BY CLASS 5, 2019-2027 (IN $ MILLION)

FIGURE 15: EUROPE FORKLIFT TRUCK MARKET, BY RETAIL & WHOLESALE, 2019-2027 (IN $ MILLION)

FIGURE 16: EUROPE FORKLIFT TRUCK MARKET, BY LOGISTICS, 2019-2027 (IN $ MILLION)

FIGURE 17: EUROPE FORKLIFT TRUCK MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 18: EUROPE FORKLIFT TRUCK MARKET, BY FOOD INDUSTRY, 2019-2027 (IN $ MILLION)

FIGURE 19: EUROPE FORKLIFT TRUCK MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 20: EUROPE FORKLIFT TRUCK MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 21: UNITED KINGDOM FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: GERMANY FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: FRANCE FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: SPAIN FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: ITALY FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: RUSSIA FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: REST OF EUROPE FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

 

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