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Global Industrial Vehicle Market Report 2024

Industrial Vehicle Global Market Report 2024 – 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 2024-2033

Industrial Vehicle Global Market Report 2024

Starting Price : $4000.00 | Pages : | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

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Industrial Vehicle Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Industrial Vehicle Market Definition And Segments

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.

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

The industrial vehicle market size has grown strongly in recent years. It will grow from $46 billion in 2023 to $48.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. 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 $60.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. 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.

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.

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 March 2022, according to a report shared by the United Nations Industrial Development Organization, an Austria-based specialized agency of the United Nations that assists countries in economic and industrial development, global manufacturing production rose by 9.4% in 2021. Therefore, the increasing demand in the manufacturing industry is driving the growth of the industrial vehicle market.

Major companies operating in the industrial vehicle market report are John Deere, Komatsu Ltd., Toyota Industries Corporation, Faurecia, Lear Corp., Yamaha Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Doosan Corp., Kion Group AG, Mahle Group, Benteler Automotive, GKN Automotive, Jungheinrich AG, Konecranes Oyj, Crown Equipment Corporation, Manitou, Hyster-Yale Group Inc., Anhui Heli Co. Ltd., Hangcha Group Co. Ltd., Hyster-Yale Materials Handling Inc., Hyundai Construction Equipment Co. Ltd., Godrej Material Handling, Ace Cranes, Mitsubishi Logisnext Co. Ltd., Clark Material Handling Company, Nebula Automotive Pvt. Ltd., Cargotec Oyj, Atlas ATV, Rohnel Motors.

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.

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.

Cascade Corporation Expands Forklift Solutions Portfolio With Strategic Acquisition Of Lift Technologies Inc. And Lift-Tek Elecar S.P.A.

In October 2021, Cascade Corporation, a US-based company that develops, produces, and promotes technology and equipment for materials handling, acquired Lift Technologies Inc. and Lift-Tek Elecar S.p.A. for an undisclosed amount. With the acquisition, Cascade Corporation can offer Lift-Tek masts with Cascade attachments to clients who need a unique solution for the front end of their forklift or automated guided vehicle (AGV). Further, this acquisition will allow the company to expand its specially designed forklift solutions selection. Lift Technologies Inc. is a US-based provider of industrial material handling vehicles. Lift-Tek Elecar S.p.A. is an Italy-based producer of industrial vehicles such as masts, carriages, and fork positioners.

North America was the largest region in the industrial vehicle market in 2023. 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.

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.

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.

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 Scope
Report AttributeDetails
Market Size Value In 2024 $48.87 billion
Revenue Forecast In 2033 $60.47 billion
Growth Rate CAGR of 5.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
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
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled John Deere; Komatsu Ltd.; Toyota Industries Corporation; Faurecia; Lear Corp.; Yamaha Motor Co. Ltd.; Kawasaki Heavy Industries Ltd.; Doosan Corp.; Kion Group AG; Mahle Group; Benteler Automotive; GKN Automotive; Jungheinrich AG; Konecranes Oyj; Crown Equipment Corporation; Manitou; Hyster-Yale Group Inc.; Anhui Heli Co. Ltd.; Hangcha Group Co. Ltd; Hyster-Yale Materials Handling Inc.; Hyundai Construction Equipment Co. Ltd.; Godrej Material Handling; Ace Cranes; Mitsubishi Logisnext Co. Ltd.; Clark Material Handling Company; Nebula Automotive Pvt. Ltd.; Cargotec Oyj; Atlas ATV; Rohnel Motors.
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    Table Of Contents

    1. Executive Summary

    2. Industrial Vehicle Market Characteristics

    3. Industrial Vehicle Market Trends And Strategies

    4. Industrial Vehicle Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Industrial Vehicle Market Size and Growth

    5.1. Global Industrial Vehicle Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Industrial Vehicle Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Industrial Vehicle Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Industrial Vehicle Market Segmentation

    6.1. Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Forklift

    Tow Tractor

    Aisle Truck

    Container Handler

    6.2. Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Internal Combustion Engine (ICE)

    Battery-Operated

    Gas-Powered

    6.3. Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Non Or Semi-Autonomous

    Autonomous

    6.4. Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Manufacturing

    Warehousing

    Freight And Logistics

    Other Applications

    7. Industrial Vehicle Market Regional And Country Analysis

    7.1. Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Industrial Vehicle Market

    8.1. Asia-Pacific Industrial Vehicle Market Overview

    Region Information, Impact Of COVID-19, 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Industrial Vehicle Market

    10.1. India Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Industrial Vehicle Market

    12.1. Australia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Industrial Vehicle Market

    13.1. Indonesia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Industrial Vehicle Market

    16.1. UK Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Industrial Vehicle Market

    17.1. Germany Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Industrial Vehicle Market

    18.5. France Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Industrial Vehicle Market

    19.9. Italy Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Industrial Vehicle Market

    20.13. Spain Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Industrial Vehicle Market

    22.1. Russia Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Industrial Vehicle Market

    27.1. Brazil Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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. John Deere

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Komatsu Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Toyota Industries Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Faurecia

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Lear Corp.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Industrial Vehicle Market Other Major And Innovative Companies

    31.1. Yamaha Motor Co. Ltd.

    31.2. Kawasaki Heavy Industries Ltd.

    31.3. Doosan Corp.

    31.4. Kion Group AG

    31.5. Mahle Group

    31.6. Benteler Automotive

    31.7. GKN Automotive

    31.8. Jungheinrich AG

    31.9. Konecranes Oyj

    31.10. Crown Equipment Corporation

    31.11. Manitou

    31.12. Hyster-Yale Group Inc.

    31.13. Anhui Heli Co. Ltd.

    31.14. Hangcha Group Co. Ltd

    31.15. Hyster-Yale Materials Handling Inc.

    32. Global Industrial Vehicle Market Competitive Benchmarking

    33. Global Industrial Vehicle Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Industrial Vehicle Market

    35. Industrial Vehicle Market Future Outlook and Potential Analysis

    35.1 Industrial Vehicle Market In 2028 - Countries Offering Most New Opportunities

    35.2 Industrial Vehicle Market In 2028 - Segments Offering Most New Opportunities

    35.3 Industrial Vehicle Market In 2028 - 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, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: John Deere Financial Performance
  • Table 76: Komatsu Ltd. Financial Performance
  • Table 77: Toyota Industries Corporation Financial Performance
  • Table 78: Faurecia Financial Performance
  • Table 79: Lear Corp. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Industrial Vehicle Market, Segmentation By Level of Autonomy, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Industrial Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Industrial Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Industrial Vehicle Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Industrial Vehicle Market, Segmentation By Drive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Industrial Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: John Deere Financial Performance
  • Figure 76: Komatsu Ltd. Financial Performance
  • Figure 77: Toyota Industries Corporation Financial Performance
  • Figure 78: Faurecia Financial Performance
  • Figure 79: Lear Corp. Financial Performance
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Frequently Asked Questions

What is the definition of the industrial vehicle market?

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. For further insights on the industrial vehicle market, request a sample here

How will the industrial vehicle market drivers and restraints affect the industrial vehicle 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. It will grow from $46 billion in 2023 to $48.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. 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, focus on energy efficiency. The industrial vehicle market size is expected to see strong growth in the next few years. It will grow to $60.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to 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, 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 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 ApplicationsFor 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 2023. 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?

Major companies operating in the industrial vehicle market report are John Deere, Komatsu Ltd., Toyota Industries Corporation, Faurecia, Lear Corp., Yamaha Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Doosan Corp., Kion Group AG, Mahle Group, Benteler Automotive, GKN Automotive, Jungheinrich AG, Konecranes Oyj, Crown Equipment Corporation, Manitou, Hyster-Yale Group Inc., Anhui Heli Co. Ltd., Hangcha Group Co. Ltd, Hyster-Yale Materials Handling Inc., Hyundai Construction Equipment Co. Ltd., Godrej Material Handling, Ace Cranes, Mitsubishi Logisnext Co. Ltd., Clark Material Handling Company, Nebula Automotive Pvt. Ltd., Cargotec Oyj, Atlas ATV, Rohnel Motors. For further insights on the industrial vehicle market, request a sample here.

What are the key trends in the industrial vehicle market?

Major trend in the industrial vehicle market - 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 market'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.