Industrial Vehicle Global Market Report 2025

Global Industrial Vehicle Market Report 2024

Industrial Vehicle Global Market Report 2025 – By Product Type (Forklift, Tow Tractor, Aisle Truck, Container Handler), By Drive Type (Internal Combustion Engine (ICE), Battery-Operated, Gas-Powered), By Level of Autonomy (Non Or Semi-Autonomous, Autonomous), By Application (Manufacturing, Warehousing, Freight And Logistics, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

Name: Industrial Vehicle Global Market Report 2025
Creator: The Business Research Company
License: https://www.thebusinessresearchcompany.com/privacy-policy

Industrial Vehicle Global Market Report 2025

Report Price : $4490.00 | Pages : | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options

Request a Sample

Request For Discount

Customise Your Report

Item added to cart!

Request For Proposal

Request For Regional Data

FAQs

Need assistance or more information before the purchase?

Enquire Before Buying

Industrial Vehicle Global Market Report 2025

Proud Members Of

Industrial Vehicle Market Definition

Industrial vehicles refer to any push or powered carriers used to transfer materials around a factory with minimum restrictions on movement. Industrial vehicles are used for mechanized load collection and delivery, eliminating the need for physical lifting and transportation.

The main types of industrial vehicles are forklifts, tow trucks, aisle trucks, and container handlers. A forklift is a compact vehicle with two power-operated prongs at the front for transporting and stacking materials in warehouses, shipping depots, and other locations. Forklifts are widely used in industrial settings for lifting and moving heavy loads. They are powered by drive types, including internal combustion engines (ICE), battery-operated, gas-powered, non- or semi-autonomous, and autonomous levels of autonomy used in manufacturing, warehousing, freight and logistics, and other applications.

Industrial Vehicle Market Segmentation

The industrial vehicle market covered in this report is segmented –

1) By Product Type: Forklift, Tow Tractor, Aisle Truck, Container Handler

2) By Drive Type: Internal Combustion Engine (ICE), Battery-Operated, Gas-Powered

3) By Level of Autonomy: Non Or Semi-Autonomous, Autonomous

4) By Application: Manufacturing, Warehousing, Freight And Logistics, Other Applications

Subsegments:

1) By Forklift: electric forklifts, Internal Combustion Forklifts, Reach Trucks, Pallet Jacks

2) By Tow Tractor: Electric Tow Tractors, Internal Combustion Tow Tractors, Heavy-Duty Tow Tractors

3) By Aisle Truck: Narrow Aisle Trucks, Very Narrow Aisle Trucks, Order Pickers

4) By Container Handler: Straddle Carriers, Reach Stackers, Rubber-Tired Gantry (RTG) Cranes

Industrial Vehicle Market Size and growth rate 2025 to 2029: Graph

Industrial Vehicle Market Size 2025 And Growth Rate

The industrial vehicle market size has grown strongly in recent years. It will grow from $48.18 billion in 2024 to $50.79 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to manufacturing and industrial growth, e-commerce expansion, safety and regulatory compliance, globalization of supply chains, and focus on energy efficiency

Industrial Vehicle Market Growth Forecast

The industrial vehicle market size is expected to see strong growth in the next few years. It will grow to $64.13 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to a rise in e-commerce fulfillment centers, increasing adoption of electric vehicles, supply chain resilience, customization for industry-specific needs, integration of IoT and telematics. Major trends in the forecast period include autonomous and semi-autonomous vehicles, predictive maintenance solutions, human-machine collaboration, robotics integration, and focus on ergonomics.

Book your 30 minutes free consultation with our research experts

Industrial Vehicle Market Driver: E-Commerce Boom Fuels Surge In Demand For Industrial Vehicles Is A Catalyst For Market Growth

The growing e-commerce industry is expected to propel the growth of the industrial vehicle market going forward. E-commerce refers to buying and selling goods and services and sending money or data through an electronic network, often the Internet. With the surge in online orders, logistics companies are expanding their vehicle fleets to meet the increasing delivery volumes. Industrial vehicles are essential for the efficient and timely transportation of goods, ensuring customer satisfaction in the e-commerce sector. For instance, in September 2022, according to the International Trade Administration, a US-based Department of Commerce, consumer eCommerce in the UK is up by 30% of the UK's overall retail sector, with an annual e-commerce revenue of more than $120 billion. Therefore, the growing e-commerce industry is driving the growth of the industrial vehicle market.

Industrial Vehicle Market Driver: Manufacturing Industry Surge Fuels Robust Growth In The Industrial Vehicle Market

The increasing demand in the manufacturing industry is expected to propel the growth of the industrial vehicle market going forward. The manufacturing industry refers to the sector of the economy involved in the production of goods through various processes, techniques, and technologies. The integration of industrial vehicles in the manufacturing industry offers increased productivity, flexible manufacturing layouts, reduced manual labor, quick and efficient transportation, enhanced safety, continuous operation, and efficient warehouse operations. For instance, In May 2024, according to the Office for National Statistics, a UK-based government agency, the production output increased by 0.2% in March 2024, following a 1.0% rise in February. The largest growth contribution came from manufacturing (0.3%) and mining and quarrying (1.0%). Notably, the manufacture of basic pharmaceutical products grew by 7.6%. Quarterly production output for Q1 2024 rose by 0.8%, primarily driven by manufacturing growth of 1.4%. Therefore, the increasing demand in the manufacturing industry is driving the growth of the industrial vehicle market.

Global Industrial Vehicle Market Major Players

Major companies operating in the industrial vehicle market include Toyota Industries Corporation, KION Group AG, Jungheinrich AG, Mitsubishi Logisnext Co. Ltd., Crown Equipment Corporation, Hyster-Yale Materials Handling Inc., Doosan Corporation, Anhui Heli Co. Ltd., Komatsu Ltd., Clark Material Handling Company, Hyundai Heavy Industries Co. Ltd., Lonking Holdings Limited, Godrej & Boyce Manufacturing Company Limited, Hangcha Group Co. Ltd., BYD Company Limited, Manitou Group, TCM Corporation, UniCarriers Corporation, Kalmar Global, Liebherr Group, Terex Corporation, SANY Group, JCB Ltd., Caterpillar Inc., XCMG Group, Sumitomo Heavy Industries Ltd., Merlo S.p.A., Bobcat Company, Haulotte Group, Kubota Corporation

Global Industrial Vehicle Market Trend: Revolutionizing Industrial Vehicle Technology With Electric Telescopic Wheel Loader

Technological advancements are a key trend gaining popularity in the industrial vehicle market. Major companies operating in the industrial vehicle market are adopting new technologies to sustain their position in the market. For instance, in November 2022, Schäffer Maschinenfabrik GmbH, a Germany-based industrial machinery manufacturing company specializing in industrial vehicles, launched the Schäffer 23e T, an electric-drive telescopic wheel loader. The 23e T is a telescopic version of the 23e yard loader, featuring a powerful 31.3 kWh battery that provides up to eight hours of continuous work and an efficiency of over 90%, around three times that of a fuel-powered machine. Additionally, maintenance is drastically reduced because it doesn't need fuel or fuel filters.

Global Industrial Vehicle Market Trend: Introduction Of Innovative 8-Wheeler Trucks Is A Competitive Move In The Industrial Vehicle Market

Major companies operating in the industrial vehicle market are developing new products, such as 8-wheeler trucks, to gain a competitive edge in the market. An 8-wheeler truck refers to a commercial truck or lorry that has a total of eight wheels. For instance, in June 2022, Ashok Leyland Limited, an India-based automotive manufacturing company, launched AVTR 2620. The AVTR 2620, with its numerous cabin and feature options, is constructed on the most recent iteration of the AVTR modular truck platform. With the lift axle down, the AVTR 2620 may function as a 25.5 T (6x2) truck, providing customers with best-in-class Total Cost of Operation (TCO) advantages and payload flexibility. The truck's 200-horsepower Ashok Leyland engine features iGen6 technology, which improves fluid economy. When the lift axle is depressed, the AVTR 2620 can be used as a 25.5 T (6x2) truck, providing customers with the finest Total Cost of Operation (TCO) advantages and payload flexibility.

Industrial Vehicle Market Merger And Acquisition: Imperial Auto Expands Global Footprint With Acquisition Of German Gear Manufacturer Metallwerk Biebighäuser To Strengthen Industrial Vehicle Component Offerings

In July 2024, Imperial Auto Industries Ltd., an India-based manufacturer of fluid transmission products, acquired Metallwerk Biebighäuser GmbH for an undisclosed amount. As a result of the acquisition, the company aims to expand its product portfolio, enhance its market position, and access new opportunities within the industrial vehicle components sector. Metallwerk Biebighäuser GmbH is a Germany-based company that specializes in manufacturing gears, gearboxes, and transmissions for industrial vehicles.

Regional Outlook For The Global Industrial Vehicle Market

North America was the largest region in the industrial vehicle market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the industrial vehicle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Industrial Vehicle Market?

The industrial vehicle market consists of sales of excavators, dump trucks, and industrial sweepers and scrubbers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Industrial Vehicle Industry?

The industrial vehicle research report is one of a series of new reports from The Business Research Company that provides industrial vehicle market statistics, including the industrial vehicle industry's global market size, regional shares, competitors with an industrial vehicle market share, detailed industrial vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the industrial vehicle industry. This industrial vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Industrial Vehicle Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$50.79 billion
Revenue Forecast In 2034	$64.13 billion
Growth Rate	CAGR of 6.0% from 2024 to 2033
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Product Type: Forklift, Tow Tractor, Aisle Truck, Container Handler 2) By Drive Type: Internal Combustion Engine (ICE), Battery-Operated, Gas-Powered 3) By Level of Autonomy: Non Or Semi-Autonomous, Autonomous 4) By Application: Manufacturing, Warehousing, Freight And Logistics, Other Applications Subsegments: 1) By Forklift: Electric Forklifts, Internal Combustion Forklifts, Reach Trucks, Pallet Jacks 2) By Tow Tractor: Electric Tow Tractors, Internal Combustion Tow Tractors, Heavy-Duty Tow Tractors 3) By Aisle Truck: Narrow Aisle Trucks, Very Narrow Aisle Trucks, Order Pickers 4) By Container Handler: Straddle Carriers, Reach Stackers, Rubber-Tired Gantry (RTG) Cranes
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Toyota Industries Corporation, KION Group AG, Jungheinrich AG, Mitsubishi Logisnext Co. Ltd., Crown Equipment Corporation, Hyster-Yale Materials Handling Inc., Doosan Corporation, Anhui Heli Co. Ltd., Komatsu Ltd., Clark Material Handling Company, Hyundai Heavy Industries Co. Ltd., Lonking Holdings Limited, Godrej & Boyce Manufacturing Company Limited, Hangcha Group Co. Ltd., BYD Company Limited, Manitou Group, TCM Corporation, UniCarriers Corporation, Kalmar Global, Liebherr Group, Terex Corporation, SANY Group, JCB Ltd., Caterpillar Inc., XCMG Group, Sumitomo Heavy Industries Ltd., Merlo S.p.A., Bobcat Company, Haulotte Group, Kubota Corporation
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Industrial Vehicle Market Characteristics

3. Industrial Vehicle Market Trends And Strategies

4. Industrial Vehicle Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market

5. Global Industrial Vehicle Growth Analysis And Strategic Analysis Framework

5.1. Global Industrial Vehicle PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Industrial Vehicle Market Growth Rate Analysis

5.4. Global Industrial Vehicle Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Industrial Vehicle Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Industrial Vehicle Total Addressable Market (TAM)

6. Industrial Vehicle Market Segmentation

6.1. Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Forklift

Tow Tractor

Aisle Truck

Container Handler

6.2. Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Internal Combustion Engine (ICE)

Battery-Operated

Gas-Powered

6.3. Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Non Or Semi-Autonomous

Autonomous

6.4. Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Manufacturing

Warehousing

Freight And Logistics

Other Applications

6.5. Global Industrial Vehicle Market, Sub-Segmentation Of Forklift, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Forklifts

Internal Combustion Forklifts

Reach Trucks

Pallet Jacks

6.6. Global Industrial Vehicle Market, Sub-Segmentation Of Tow Tractor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Tow Tractors

Internal Combustion Tow Tractors

Heavy-Duty Tow Tractors

6.7. Global Industrial Vehicle Market, Sub-Segmentation Of Aisle Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Narrow Aisle Trucks

Very Narrow Aisle Trucks

Order Pickers

6.8. Global Industrial Vehicle Market, Sub-Segmentation Of Container Handler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Straddle Carriers

Reach Stackers

Rubber-Tired Gantry (RTG) Cranes

7. Industrial Vehicle Market Regional And Country Analysis

7.1. Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Industrial Vehicle Market

8.1. Asia-Pacific Industrial Vehicle Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Industrial Vehicle Market

9.1. China Industrial Vehicle Market Overview

9.2. China Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Industrial Vehicle Market

10.1. India Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Industrial Vehicle Market

11.1. Japan Industrial Vehicle Market Overview

11.2. Japan Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Industrial Vehicle Market

12.1. Australia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Industrial Vehicle Market

13.1. Indonesia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Industrial Vehicle Market

14.1. South Korea Industrial Vehicle Market Overview

14.2. South Korea Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Industrial Vehicle Market

15.1. Western Europe Industrial Vehicle Market Overview

15.2. Western Europe Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Industrial Vehicle Market

16.1. UK Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Industrial Vehicle Market

17.1. Germany Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Industrial Vehicle Market

18.1. France Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Industrial Vehicle Market

19.1. Italy Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Industrial Vehicle Market

20.1. Spain Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Industrial Vehicle Market

21.1. Eastern Europe Industrial Vehicle Market Overview

21.2. Eastern Europe Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Industrial Vehicle Market

22.1. Russia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Industrial Vehicle Market

23.1. North America Industrial Vehicle Market Overview

23.2. North America Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Industrial Vehicle Market

24.1. USA Industrial Vehicle Market Overview

24.2. USA Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Industrial Vehicle Market

25.1. Canada Industrial Vehicle Market Overview

25.2. Canada Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Industrial Vehicle Market

26.1. South America Industrial Vehicle Market Overview

26.2. South America Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Industrial Vehicle Market

27.1. Brazil Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Industrial Vehicle Market

28.1. Middle East Industrial Vehicle Market Overview

28.2. Middle East Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Industrial Vehicle Market

29.1. Africa Industrial Vehicle Market Overview

29.2. Africa Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Industrial Vehicle Market Competitive Landscape And Company Profiles

30.1. Industrial Vehicle Market Competitive Landscape

30.2. Industrial Vehicle Market Company Profiles

30.2.1. Toyota Industries Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.2. KION Group AG Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Jungheinrich AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Mitsubishi Logisnext Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Crown Equipment Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Industrial Vehicle Market Other Major And Innovative Companies

31.1. Hyster-Yale Materials Handling Inc.

31.2. Doosan Corporation

31.3. Anhui Heli Co. Ltd.

31.4. Komatsu Ltd.

31.5. Clark Material Handling Company

31.6. Hyundai Heavy Industries Co. Ltd.

31.7. Lonking Holdings Limited

31.8. Godrej & Boyce Manufacturing Company Limited

31.9. Hangcha Group Co. Ltd.

31.10. BYD Company Limited

31.11. Manitou Group

31.12. TCM Corporation

31.13. UniCarriers Corporation

31.14. Kalmar Global

31.15. Liebherr Group

32. Global Industrial Vehicle Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Industrial Vehicle Market

34. Recent Developments In The Industrial Vehicle Market

35. Industrial Vehicle Market High Potential Countries, Segments and Strategies

35.1 Industrial Vehicle Market In 2029 - Countries Offering Most New Opportunities

35.2 Industrial Vehicle Market In 2029 - Segments Offering Most New Opportunities

35.3 Industrial Vehicle Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Industrial Vehicle Market, Sub-Segmentation Of Forklift, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Industrial Vehicle Market, Sub-Segmentation Of Tow Tractor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Industrial Vehicle Market, Sub-Segmentation Of Aisle Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Industrial Vehicle Market, Sub-Segmentation Of Container Handler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Toyota Industries Corporation Financial Performance

Table 80: KION Group AG Financial Performance

Table 81: Jungheinrich AG Financial Performance

Table 82: Mitsubishi Logisnext Co. Ltd. Financial Performance

Table 83: Crown Equipment Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Industrial Vehicle Market, Sub-Segmentation Of Forklift, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Industrial Vehicle Market, Sub-Segmentation Of Tow Tractor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Industrial Vehicle Market, Sub-Segmentation Of Aisle Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Industrial Vehicle Market, Sub-Segmentation Of Container Handler, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Toyota Industries Corporation Financial Performance

Figure 80: KION Group AG Financial Performance

Figure 81: Jungheinrich AG Financial Performance

Figure 82: Mitsubishi Logisnext Co. Ltd. Financial Performance

Figure 83: Crown Equipment Corporation Financial Performance

Opportunities And Strategies Analysis For The Buses And Coaches Market – Includes Buses And Coaches Market Size

Opportunities And Strategies Analysis For The Connected Cars Market – Includes Connected Cars Market Trends

Global Autonomous Marine Vehicles Market Opportunities And Strategies – Forecast To 2030 – Includes Autonomous Marine Vehicles Market Demand

Forecasting till 2030: Opportunities And Strategies In The Global Motor Vehicle Parts Market – Includes Motor Vehicle Parts Market Analysis

The Business Research Company offers the automotive fabric market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the automotive foam market research report 2022 with industry size, share, segments and market growth

The Business Research Company offers the automotive pumps market research report 2022 with industry size, share, segments and market growth

Passenger Electric Vehicles Global Market Report 2025 – By Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Vehicle Type (Sedan, Hatchback, SUV), By Charging Infrastructure (Normal Charging, High Power Charging) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Autonomous Commercial Vehicle Global Market Report 2025 – By Vehicle (Truck, Trailer, Bus, Other Vehicle Types), By Automation Level (Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation), By Fuel Type (Conventional, Hybrid Vehicle, Electric Vehicle) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Electric Commercial Vehicles Global Market Report 2025 – By Propulsion Type (BEV, PHEV, FCEV), By Vehicle Type (Electric Bus, Electric Truck, Electric Van, Others), By Battery Type (Lithium-Iron-Phosphate (LFP), Lithium-Nickel-Manganese-Cobalt Oxide (NMC), Others), By Technology (Battery Electric Commercial Vehicles, Plug-In Hybrids, Hybrids, Fuel Cell Electric Commercial Vehicles) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Light Commercial Vehicle Global Market Report 2025 – By Vehicle Type (Passenger Van, Cargo Van, Pickup Trucks, Light Trucks, Mini Buses, Other Vehicle Types), By Fuel (Electric, Diesel, Gasoline), By Tonnage Capacity Type (Less Than 2.5 Tons, 2.5 To 3.5 Tons, More Than 3.5 Tons) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Vehicle Engine And Engine Parts Global Market Report 2025 – By Product Type (Vehicle Engines, Vehicle Engine Parts), By Fuel Type (Gasoline (Petrol), Diesel, Gas, Other Fuel Types), By Placement Type (In-line Engine, W Engine and V-Type) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Commercial Vehicle Global Market Report 2025 – By Type (Light Commercial Vehicle, Heavy Trucks, Buses And Coaches), By Fuel Type (Gasoline, Diesel, Other Fuel Types), By Application (Mining & Construction, Logistics, Passenger Transportation, Other Applications), By Propulsion Type (IC Engine, Electric Vehicle) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Motor Vehicles Global Market Report 2025 – By Type (Motorcycle And Bicycle, Passenger Car, Commercial Vehicle), By Fuel Type (Gasoline, Diesel, Other Fuel Types), By Engine Capacity (<1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc), By Propulsion Type (IC Engine, Electric Vehicle) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Motor Vehicle Parts Global Market Report 2025 – By Type (Motor Vehicle Body, Stamped Metal & Other Parts, Motor Vehicle Engine, Power Train & Parts, Motor Vehicle Electrical & Electronic Equipment, Steering Suspension, & Interiors), By Application (Passenger Vehicle, Commercial Vehicle), By End Use (OEM, Aftermarket) – Market Size, Trends, And Global Forecast 2025-2034

View Report

Frequently Asked Questions

What is the definition of the Industrial Vehicle market?

How will the Industrial Vehicle market drivers and restraints affect the market dynamics? What forces will shape the Industrial Vehicle industry going forward?

The Industrial Vehicle market major growth driver - E-Commerce Boom Fuels Surge In Demand For Industrial Vehicles Is A Catalyst For Market Growth. For further insights on the Industrial Vehicle market, request a sample here

What is the forecast market size or the forecast market value of the Industrial Vehicle market?

The Industrial Vehicle market size has grown strongly in recent years. The industrial vehicle market size has grown strongly in recent years. It will grow from $48.18 billion in 2024 to $50.79 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to manufacturing and industrial growth, e-commerce expansion, safety and regulatory compliance, globalization of supply chains, and focus on energy efficiency The industrial vehicle market size is expected to see strong growth in the next few years. It will grow to $64.13 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to a rise in e-commerce fulfillment centers, increasing adoption of electric vehicles, supply chain resilience, customization for industry-specific needs, integration of IoT and telematics. Major trends in the forecast period include autonomous and semi-autonomous vehicles, predictive maintenance solutions, human-machine collaboration, robotics integration, and focus on ergonomics. For further insights on the Industrial Vehicle market, request a sample here

How is the Industrial Vehicle market segmented?

The industrial vehicle market covered in this report is segmented –
1) By Product Type: Forklift, Tow Tractor, Aisle Truck, Container Handler
2) By Drive Type: Internal Combustion Engine (ICE), Battery-Operated, Gas-Powered
3) By Level of Autonomy: Non Or Semi-Autonomous, Autonomous
4) By Application: Manufacturing, Warehousing, Freight And Logistics, Other Applications Subsegments:
1) By Forklift: Electric Forklifts, Internal Combustion Forklifts, Reach Trucks, Pallet Jacks
2) By Tow Tractor: Electric Tow Tractors, Internal Combustion Tow Tractors, Heavy-Duty Tow Tractors
3) By Aisle Truck: Narrow Aisle Trucks, Very Narrow Aisle Trucks, Order Pickers
4) By Container Handler: Straddle Carriers, Reach Stackers, Rubber-Tired Gantry (RTG) Cranes For further insights on the Industrial Vehicle market, request a sample here

Which region has the largest share of the Industrial Vehicle market? What are the other regions covered in the report?

North America was the largest region in the industrial vehicle market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the Industrial Vehicle market, request a sample here.

Who are the major players in the Industrial Vehicle market?

What are the key trends in the Industrial Vehicle market?

Major trends in the Industrial Vehicle market include Revolutionizing Industrial Vehicle Technology With Electric Telescopic Wheel Loader. For further insights on the Industrial Vehicle market, request a sample here.

What are the major opportunities in the Industrial Vehicle market? What are the strategies for the Industrial Vehicle market?

For detailed insights on the major opportunities and strategies in the Industrial Vehicle market, request a sample here.

How does the Industrial Vehicle market relate to the overall economy and other similar markets?

For detailed insights on Industrial Vehicle's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Industrial Vehicle industry?

For detailed insights on the mergers and acquisitions in the Industrial Vehicle industry, request a sample here.

What are the key dynamics influencing the Industrial Vehicle market growth? SWOT analysis of the Industrial Vehicle market.

For detailed insights on the key dynamics influencing the Industrial Vehicle market growth and SWOT analysis of the Industrial Vehicle industry, request a sample here.