LATIN AMERICA FORKLIFT TRUCK MARKET 2019-2027

Building & Construction | Construction Materials

LATIN AMERICA FORKLIFT TRUCK MARKET 2019-2027

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

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Triton Market Research has stated that the forklift truck market in Latin America would proliferate at a CAGR of 1.61% in the forecast period of 2019-2027.

The countries reviewed in the Latin America market for forklift trucks are:

•    Brazil

•    Mexico

•    Rest of Latin America

In the manufacturing sector, forklift trucks are required in routine operations for handling automobile parts. Besides, the automotive sector in Latin America has increased its production output, primarily in Brazil and Mexico. Thus, it can be said that, the rising demand for forklift trucks due to the rising cargo traffic at seaports and the growth of the manufacturing industry are augmenting the growth of the Latin America forklift truck market. 

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In Mexico, the freight and logistics activities are mainly dependent on the road and railway networks in the country. The improvement in Mexico’s transportation services has strengthened the exports scenario in the country. The growth in exports calls for the deployment of forklift trucks, as they aid in material handling purposes. The demand for forklift trucks for exports, thereby, propels the growth of the Mexican forklift truck market.

The e-commerce sector has experienced a boom in the recent past, with an average growth of 48% y-o-y. Several e-commerce companies, both regional and international, carry out their operations in Mexico. The expanding e-commerce sector necessitates the demand for warehouses for the e-commerce market players to carry out their logistics operations. Forklift trucks prove to be extremely beneficial for this purpose, as they ensure efficient transportation of goods. The expansion in the e-commerce sector, thereby, fuels the growth of the Mexico forklift truck market.

Anhui Heli Co., Ltd. was established as a major subsidiary of Anhui Forklift Group Co., Ltd., and was founded in 1958. G2 series and H series are some the forklift truck brands by Anhui Heli Co., Ltd. The company delivers product solutions for warehousing. The increasing warehousing across the world is expected to create lucrative opportunities for product deployment to the company. Anhui Heli Co., Ltd. operates across the Asia-Pacific, Latin America, Europe, North America, and the Middle East and Africa.

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Table of Content

1.    LATIN AMERICA  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 THE MANUFACTURING INDUSTRY  

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.    LATIN AMERICA  FORKLIFT TRUCK MARKET OUTLOOK – BY PRODUCT TYPE 

3.1. WAREHOUSE FORKLIFT           

3.2. COUNTERBALANCE FORKLIFT          

4.    LATIN AMERICA  FORKLIFT TRUCK MARKET OUTLOOK – BY POWER SOURCE

4.1. INTERNAL COMBUSTION ENGINE     

4.2. ELECTRIC MOTOR          

5.    LATIN AMERICA  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.    LATIN AMERICA  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.    LATIN AMERICA  FORKLIFT TRUCK MARKET – REGIONAL OUTLOOK                   

7.1. BRAZIL       

7.2. MEXICO      

7.3. REST OF LATIN AMERICA        

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 Tables

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

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

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

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

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

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

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

 

List of Figures

FIGURE 1: LATIN AMERICA 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: LATIN AMERICA FORKLIFT TRUCK MARKET, BY WAREHOUSE FORKLIFT, 2019-2027 (IN $ MILLION)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 23: REST OF LATIN AMERICA FORKLIFT TRUCK MARKET, 2019-2027 (IN $ MILLION)

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