Global Forklift Market 2017 Analysis, Key Companies, After-market, Sales and Forecasts 2021
Global and China Forklift Market 2017-2021 Report provides 9 Global and 31 Chinese forklift manufacturers’ analysis, operation, forklift business, R&D expenses, development strategy, forklift rental, status quo, production and sales, import and export, competitive landscape and forecasts 2021.
Pune, India – November 28, 2017 /MarketersMedia/ —
Driven by downstream demand, global forklift orders and sales both have grown steadily in recent years. In 2016, the figures reached 1,182,100 units and 1,152,900 units, up 7.5% and 8.3% from a year ago respectively, largely due to a huge increase in European and Asian markets.
China, still the world’s biggest Global Forklift Market, saw sales go up 13% to 370,067 units on an annual basis in 2016, including 268,567 units sold in domestic market, a 13.3% growth year on year, and soar by 34.9% from a prior-year period to 368,743 units in the first three quarters of 2017. The full-year sales are estimated to outstrip 400,000 units in 2017.
Major Global Forklift Companies: Toyota Industries Corp, Kion Group, Jungheinrich Group, Crown Equipment Corp., Mitsubishi Logisnext Forklift, Hyster-Yale Materials Handling, Inc, Komatsu Ltd., CLARK Material Handling International, Dooan Industrial Vehicle.
Major Forklift Companies in China: Anhui HeLi Co., Ltd, Hangcha Group Co., Ltd., Anhui VMAX Heavy Industry Co., Ltd., Lonking (Shanghai) Forklift Co., Ltd., Xiamen XGMA Machinery Co., Ltd., Zhejiang Noblelift Equipment Joint Stock Co., Ltd., Guangxi LiuGong Machinery Co., Ltd, Tailift Machinery & Equipment (Qingdao) Co., Ltd., Zhejiang Maximal Forklift Co., Ltd., EP Equipment Co., Ltd., Anhui Jianghuai-Yinlian Heavy-Duty Construction Machine Co., Ltd., Ningbo Ruyi Joint Stock Co., Ltd., Zhejiang Goodsense Forklift Co., Ltd., Anhui Zoomlion Industrial Vehicle Co., Ltd., Dalian Forklift Co., Ltd., BYD Forklift (Shaoguan) Co., Ltd, Shandong Volin Heavy Industry Machinery Co., Ltd. (Former Shandong Shantui Machinery Co., Ltd.), Anhui TEU Forklift Co., Ltd., Beijing Hyundai Jingcheng Construction Machinery Co., Ltd., Zhejiang Jialift Warehouse Equipment Co., Ltd and Others.
Discount available on this research report at http://www.reportsnreports.com/contacts/discount.aspx?name=1242747
Product structure: electric forklift sales performed strongly in China, hitting 145,238 units in the first nine months of 2017, an upsurge of 44% from the same period last year and a 39.4% share of total forklift sales, and are predicted to attain 162,055 units by the end of 2017, hopefully accounting for 40.5% of the total. Downstream demand and the country’s emission policies will secure continual increase of electric forklift in market share which will reach an estimated 48% in 2021.
Moreover, BYD brings new lithium battery technology into in forklift industry, opening a new gate for development of lithium battery forklift. Other forklift companies including Anhui HeLi, Hangcha, EP Equipment, Noblelift and Ningbo Ruyi, all have begun to build their own lithium battery forklifts. It is projected that lithium battery forklift will become more popular in China market.
Order a Copy of this research report at http://www.reportsnreports.com/purchase.aspx?name=1242747
Enterprise competition: China’s forklift industry sees quite fierce competition and high concentration. Leading players represented by Anhui HeLi and Hangcha Group, grabbed a combined 45.1% share in the whole forklift market in 2016, while top20 companies occupied over 91%. Additionally, automakers like Chery and BYD and some companies in Jiangsu, Zhejiang and Anhui also set foot in the industry, making the competition severer.
Meanwhile, the Chinese forklift aftermarket has developed gradually, noticeably the forklift rental market. In recent years, forklift rental companies kept rising in number. Besides internationally well-known manufacturers such as Linde, Jungheinrich, Toyota, Hyster-Yale and Crown Equipment that have operated rental business in China, Chinese companies, typically Anhui HeLi, LiuGong, Tailift, Lonking, Goodsense and Hangcha, also got involved in the market. As rental market matures, forklift rental and sales will coexist.
Global and China Forklift Industry Report, 2017-2021 highlights the followings:
• Global forklift industry (status quo, development in major countries and key global forklift companies);
• China forklift industry (status quo, production and sales, import and export, competitive landscape and summary);
• Chinese Forklift market segments(internal combustion/electric/new energy/alternative fuel forklifts);
• Chinese forklift aftermarket (status quo, forklift rental, used forklift and forklift parts);
• 9 global and 31 Chinese forklift manufacturers (operation, forklift business, R&D expenses, development strategy, etc.).
Table of Contents:
1 Overview of Forklift
2 Global Forklift Industry
3 Forklift Industry in China
4 Chinese Forklift Market Segments
5 Chinese Forklift After-market
6 Major Global Forklift Companies
7 Major Forklift Companies in China
List of Charts.
Contact Info:
Name: Hrishikesh Patwardhan
Email: sales@reportsandreports.com
Organization: ReportsnReports
Address: 2nd floor, metropole, Next to inox theatre, Bund garden road, Pune-411001
Phone: + 1 888 391 5441
For more information, please visit http://www.reportsnreports.com/reports/1242747-global-and-china-forklift-industry-report-2017-2021.html
Source: MarketersMedia
Release ID: 269839
Copyright © 1999-2013 SproutNews.com
