産業用車両市場 : 2028年までの世界予測

Industrial Vehicles Market – Global Forecast to 2030

産業用車両市場 : 車両タイプ (フォークリフト、アイルトラック、牽引トラクター、コンテナハンドラー)、駆動タイプ (ICE、バッテリー式、ガソリン式)、用途、容量、自律性レベル、地域別 – 2030年までの世界予測
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
出版社MarketsandMarkets
出版年月2024年4月
ページ数354
図表数437
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

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%.

世界の産業用車両市場規模は、2024 年の 492 億ドルから 2030 年までに 643 億ドルまで、CAGR 4.6% で成長すると予測されています。

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.

産業用車両市場 : 2028年までの世界予測

“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.

産業用車両市場 : 2028年までの世界予測 ecosystem

“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.

産業用車両市場 : 2028年までの世界予測 region

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

Table of Contents

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’ORÉAL            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

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