Major forklift manufacturers in the world include Toyota, Kion, JUNGHEINRICH, Mitsubishi logisnext, crown equipment, etc. The top five manufacturers in the world account for more than 50% of the market share. At present, Europe is the largest forklift market in the world, accounting for nearly 30%.
In 2020, the global forklift market reached 144.1 billion yuan and is expected to reach 184.5 billion yuan in 2026, with a compound annual growth rate (CAGR) of 3.5%.
This report studies the production capacity, output, sales, sales, price and future trend of forklifts in the global and Chinese markets. Focus on analyzing the product characteristics, product specifications, prices, sales volume, sales revenue and market share of major manufacturers in the global and Chinese markets. The historical data is from 2016 to 2020 and the forecast data is from 2021 to 2027.
China's forChina industry prospects: in 2020, under the serious influence of COVID-19, the whole industry achieved such brilliant results, which is closely related to China's very fruitful results of anti epidemic. Especially in the second half of 2020, China's manufacturing industry has a high degree of vision, and the forklift industry has been recovering rapidly and entering a high speed growth trend. The domestic forklift has broad market space in the long term and high growth in the short term.
Forklift
1. In the short term, the reasons for the high growth of the industry mainly include:
(1) After the epidemic, domestic demand gradually recovered and the manufacturing industry recovered;
(2) The epidemic situation in foreign countries continued to deteriorate, and the domestic export demand achieved rapid growth, driving the manufacturing industry to further improve its outlook;
(3) Under the background of high prosperity of the industry, the demand for additional purchase and replacement of forklifts increases;
(4) The rapid growth of electric forklift has become the main driving force for the growth of the whole industry.
2. In the long run, the reasons for the sustainable growth of forklift industry include:
(1) Domestic labor costs are rising, the supply of manual workers such as handling is seriously lacking, and the replacement of labor by forklift is a long-term logic;
(2) In the past five years, the proportion of electric forklifts has gradually increased. At present, the domestic share has accounted for about 50%. In the future, fuel forklifts will be replaced for a long time;
(3) The penetration of intelligent storage has increased, driving the gradual improvement of AGV application;
(4) At present, the number of forklifts per 100 mu of industrial plant in China is significantly lower than that in the United States and Japan, and there is still huge room for improvement in the future;
(5) Domestic forklift exports account for less than 25%, and there is much room for overseas penetration. After years of rapid development, the industrial vehicle industry where the forklift truck is located has also entered a huge change. It is experiencing many forms of changes, such as oil to electricity, traditional to intelligence, customer to segmentation, lead-acid to lithium, channel to e-commerce and so on.
Forklift
At present, the whole forklift industry is trying to break through the ceiling through electric forklift, new power source, AGV and other means.
The forklift industry is developing in two directions: first, the products are intelligent and the market prospect is broad; The second is industrial integration, which extends to the Internet of things and intelligent storage. From pure product manufacturers to comprehensive solution service providers, both provide hardware services and software services.
From the perspective of oil electrification trend, the balanced heavy forklift will replace the traditional internal combustion forklift market more and more quickly.
From the market demand trend, battery vehicles show two characteristics and trends: lighter and higher. The market opportunity of light and efficient electric forklift is huge. The light electric storage vehicle will continue to replace the traditional manual and semi electric storage vehicle market. The demand for efficient electric storage vehicles will increase to meet the needs of logistics and storage development.
From the development trend of intelligent manufacturing, the state is vigorously guiding the development of intelligent manufacturing products and industries such as intelligent warehousing, intelligent logistics, intelligent factory and industrial Internet. Therefore, there will be more and more demand for AGV unmanned forklift in the future. Now some electric forklift agents have begun to pay attention to and take the lead in actively transforming the field of AGV forklift. From the perspective of national policies and economic guidance, the dividend of the tram forklift market will still exist for a long time. 100000 manual storage vehicles are upgraded every year, accelerating the conversion of oil and electricity, the vigorous development of large-scale logistics, the rise of intelligent storage, etc., which have further promoted the development of the electric forklift market. The real prosperity of the electric forklift market has not yet come.
On the whole, although COVID-19 was seriously affected in 2020, the quality of China's enterprises products was further stabilized, the sales and service network was further improved, brand awareness was further enhanced, and overall competitiveness was continuously improved, and export products maintained a good level.
