Major e-commerce players such as Amazon and eBay have started using automated guided vehicles in their warehouse and logistics business operations, pushing the market demand for industrial vehicles in the e-commerce industry.
New technological developments and surge in R&D activities by key market participants in the development of alternate fuel powered industrial vehicles such as electric powered, fuel-cell powered, or hydrogen powered for better operability and reduced costs for end-users is anticipated to create lucrative industrial vehicles market opportunities during the forecast period.
Higher initial cost of electric industrial vehicles, and high maintenance and repair costs due to periodic upkeep is a market limitation. However, innovative business models adopted by some manufacturers such as rental and leasing of industrial vehicles in certain markets might attract new players and integrators to the landscape.
Industrial vehicles are trucks or equipment used for material handling and transportation from one location to another in an industrial setup. The basic operations of industrial vehicles include raising, lowering, or moving heavy objects and a number of small objects stacked together on a pallet or any container with maneuverability and efficiency.
Forklifts, automated guided vehicles, tow tractors, and aerial work platforms (AWPs) are common types of industrial vehicles powered by either diesel, gasoline, or battery.
Industrial vehicles are used in manufacturing processes, warehousing, logistics, and other applications where moving heavy objects is involved. Forklifts are equipped with a forklike mechanism on its frontend, designed to lift and move loads on a specifically designed platform such as pallets.
Industrial vehicles are being widely adopted by end-users due to flexibility in operations and technological advancements through large-scale investments in R&D activities in recent years, thus driving the industrial vehicles market value.
Attribute | Detail |
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Drivers |
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According to International Trade Administration, global e-commerce in B2B has witnessed steady growth in the past decade at 14.5% to reach approximately US$ 36,000 Bn by the end of 2026. This is ascribed to growth in heavy industry including advanced manufacturing, healthcare, and chemicals.
Overall e-commerce trade accounted for 21% of the total retail sales in 2023, attributed to online shopping and changing consumer preferences toward quick-commerce. This is driving growth in warehousing and logistics and influencing growth in industrial vehicles market demand.
Additionally, third-party logistics operators managing warehouses on a large scale for e-retailing prefer forklifts for their material handling operations.
For instance, major e-commerce companies such as Amazon, eBay, and Flipkart are propagating e-commerce by offering an unparalleled shopping experience for consumers through diverse product options, easy purchasing & payments, and flexible exchange or product return policies, leading to effective warehouse management and material handling across its value chain.
This in return is driving the demand for industrial vehicles in B2B, B2C, and other business scenarios.
Electric industrial vehicles are gaining acceptance from end-users due to lower operational costs as compared to their counterparts powered by diesel or gasoline. For instance, Vedanta Aluminum employed 66 electric battery forklifts at its plant in Odisha, India, aimed at easing operations and meeting the goals of zero-carbon.
Many industrial vehicle manufacturers and startups are focusing on development of technologically advanced industrial vehicles. The development of automated vehicles are a result of shortage of skilled labor for critical material handling such as in chemicals and food & beverages industry, where safety, quality control, and skilled labor is crucial.
Thus, end-users are shifting to employing automated guided industrial vehicles for warehousing and material handling operations to enable smooth and cost-effective business operations.
Furthermore, integrating automated vehicles with advanced warehouse management software to increase inventory accuracy and reduce operational losses is further driving the demand for electric and automated industrial vehicles in the market.
The forklifts segment holds major share in the industrial vehicles market segmentation in terms of type. Various manufacturing and e-commerce businesses have deployed forklifts for efficient and hassle-free load handling.
Furthermore, advent of electric powered industrial vehicles are enabling end-users to resolve problems such as increased operational cost, complexities in material handling, and employee turnover.
Technological advancements is another factor driving the growth of forklifts. For instance, Toyota Material Handling launched alternate fuel technology using fuel cells in forklifts.
The company has also established successful partnerships with major hydrogen fuel suppliers in various parts of the world; for e.g., H2Gremm has set up a refueling station at Paris, France, particularly for refueling Toyota’s fuel cell electric forklifts.
The automated guided vehicles segment is projecting to expand at the highest growth rate of 6.87% during the forecast period.
This is attributed to rise in preference from the e-commerce and manufacturing industry. For instance, Amazon included automated forklifts for warehouse management and distribution integrated with artificial intelligence and advanced sensor technologies.
As per the industrial vehicles market report, based on application, the manufacturing segment held majority share in the market in terms of revenue in 2023.
There is significant investment from manufacturing companies toward Industry 4.0 transformation through automated manufacturing processes and hassle-free material handling in their operational units.
Expansion of activities for supply chain diversification from industries such as electronics and consumer goods, and automotive sector in the Asia Pacific region is further driving growth in demand for industrial vehicles.
Furthermore, adoption of advanced manufacturing practices are becoming a key part of EV manufacturing, renewable energy, and components manufacturing globally, which is further expected to drive industrial vehicles market growth during the forecast period.
Attribute | Detail |
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Leading Region | Asia Pacific |
According to the industrial vehicles market analysis, based on region, Asia Pacific was leading in terms of revenue in 2023. Asia Pacific contributes around 50% in the global production output.
Due to steady growth in consumer goods, semiconductors, and energy sectors, the demand for production of key components and finished goods is on the rise in the region.
Furthermore, Asia Pacific is witnessing robust growth in demand for consumer electronics, electric vehicles, daily essentials, and other products due to surge in urban population, according to ADB.
Also, there is a significant shift in consumer behavior toward online shopping, further enhancing the need for better warehousing and logistics managements for smoother operations, thus driving the demand for industrial vehicles in Asia Pacific.
As per the industrial vehicles industry report, globally, established players have a stronghold on the market. The market is consolidated with the top 10 players accounting for 60%-65% of revenue. Key players are focused on new product launches, collaboration with OEMs, private entities, and key manufacturers to deliver technologically advanced products and gather a larger industrial vehicles market share.
Anhui Heli Co., Ltd., Clark Material Handling Company, Crown Equipment Corporation, Doosan Industrial Vehicle, EP Equipment Co., Ltd., Hangcha Group Co., Ltd., Hyster-Yale Materials Handling, Inc., J C Bamford Excavators Ltd., Jungheinrich AG, KION Group AG, Komatsu Ltd., Konecrane, Manitou Group, Mitsubishi Logisnext Co., Ltd., and Toyota Industries Corporation are the some of the largest industrial vehicles market manufacturers.
Each of these players has been profiled in the industrial vehicles market research report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments
Attribute | Detail |
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Market Size Value in 2023 (Base Year) | US$ 77.0 Bn |
Market Forecast Value in 2034 | US$ 146.8 Bn |
Growth Rate (CAGR) | 6.0% |
Forecast Period | 2024-2034 |
Historic Period | 2020-2022 |
Base year | 2023 |
Quantitative Units | Thousand Units for Volume US$ Bn for Value |
Market Analysis | It includes cross segment analysis at the global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porters Five Forces analysis, value chain analysis, industry trend analysis, etc. |
Competition Landscape |
|
Format | Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Companies Profiled |
|
Customization Scope | Available upon Request |
Pricing | Available upon Request |
It was valued at US$ 77.0 Bn in 2023
It is expected to grow at a CAGR of 6.0% from 2024 to 2034
It is projected to be worth US$ 146.8 Bn in 2034
Based on type, the forklifts segment has the highest share
Asia Pacific is the most lucrative region
Anhui Heli Co., Ltd., Clark Material Handling Company, Crown Equipment Corporation, Doosan Industrial Vehicle, EP Equipment Co., Ltd., Hangcha Group Co., Ltd., Hyster-Yale Materials Handling, Inc., J C Bamford Excavators Ltd., Jungheinrich AG, KION Group AG, Komatsu Ltd., Konecrane, Manitou Group, Mitsubishi Logisnext Co., Ltd., and Toyota Industries Corporation
1. Executive Summary: Global Industrial Vehicles Market
1.1. Global Market Outlook
1.1.1. Market Size, Volume (Thousand Units) and Value (US$ Mn), 2020-2034
1.2. Key Facts and Figures
1.3. Go to Market Strategy
1.3.1. Demand & Supply Side Trends
1.3.2. Identification of Potential Market Spaces
1.3.3. Preferred Sales & Marketing Strategy
1.3.4. Growth Opportunity Analysis
1.4. TMR Analysis and Recommendations
2. Market Overview
2.1. Market Segmentation/ Taxonomy
2.2. Market Definitions
2.3. Key Trend Analysis
2.4. Market Dynamics (Growth Influencers)
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Industry SWOT Analysis
2.7. Regulatory Framework
2.8. Ecosystem/Value Chain Analysis
2.9. Technology/ Product Roadmap
2.10. Global Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
2.11. Pricing Model Analysis/ Price Trend Analysis
2.11.1. Cost Structure Analysis, by Manufacturer
2.12. Market Opportunity Assessment - by Region
2.12.1. By Type
2.12.2. By Load Capacity
2.12.3. By Application
2.12.4. By Propulsion
2.12.5. By Distribution Channel
2.12.6. By Region
2.13. Impact Factors
2.14. Import Export Data/ Analysis
3. Global Industrial Vehicles Market Analysis, by Type
3.1. Overview and Definitions
3.2. Key Segment Analysis
3.3. Industrial Vehicles Market Size, Analysis, and Forecasts, by Type, 2020-2034
3.3.1. Forklifts
3.3.2. Personnel and Burden Carriers
3.3.3. Tow Tractors
3.3.4. Container Handlers
3.3.5. Automated Guided Vehicles
3.3.6. Aerial Work Platforms
3.3.7. Others
4. Global Industrial Vehicles Market Analysis, by Load Capacity
4.1. Key Segment Analysis
4.2. Industrial Vehicles Market Size, Analysis, and Forecasts, by Load Capacity, 2020-2034
4.2.1. <5 ton
4.2.2. 5-10 ton
4.2.3. 11-36 ton
4.2.4. >36 ton
5. Global Industrial Vehicles Market Analysis, by Application
5.1. Key Segment Analysis
5.2. Industrial Vehicles Market Size, Analysis, and Forecasts, by Application, 2020-2034
5.2.1. Manufacturing
5.2.1.1. Chemical
5.2.1.2. Food & Beverages
5.2.1.3. Mining
5.2.1.4. Automotive
5.2.1.5. Metals & Heavy Machinery
5.2.1.6. Others
5.2.2. Warehousing
5.2.3. Freight & Logistics
5.2.4. Others
6. Global Industrial Vehicles Market Analysis, by Propulsion
6.1. Key Segment Analysis
6.2. Industrial Vehicles Market Size, Analysis, and Forecasts, by Propulsion, 2020-2034
6.2.1. Gasoline
6.2.2. Diesel
6.2.3. Electric
7. Global Industrial Vehicles Market Analysis, by Distribution Channel
7.1. Key Segment Analysis
7.2. Industrial Vehicles Market Size, Analysis, and Forecasts, by Distribution Channel, 2020-2034
7.2.1. Direct Sales
7.2.2. Indirect Sales
8. Global Industrial Vehicles Market Analysis and Forecasts, by Region
8.1. Key Findings
8.2. Industrial Vehicles Market Size, Analysis, and Forecasts, by Region, 2020-2034
8.2.1. North America
8.2.2. Central and South America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East & Africa
9. North America Industrial Vehicles Market Analysis and Forecast
9.1. Regional Outlook
9.2. Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
9.2.1. By Type
9.2.2. By Load Capacity
9.2.3. By Application
9.2.4. By Propulsion
9.2.5. By Distribution Channel
9.2.6. By Country
9.2.6.1. USA
9.2.6.2. Canada
9.2.6.3. Mexico
10. Central and South America Industrial Vehicles Market Analysis and Forecast
10.1. Regional Outlook
10.2. Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
10.2.1. By Type
10.2.2. By Load Capacity
10.2.3. By Application
10.2.4. By Propulsion
10.2.5. By Distribution Channel
10.2.6. By Country
10.2.6.1. Brazil
10.2.6.2. Argentina
10.2.6.3. Chile
10.2.6.4. Colombia
10.2.6.5. Peru
10.2.6.6. Central America
10.2.6.7. Rest of Central and South America
11. Europe Industrial Vehicles Market Analysis and Forecast
11.1. Regional Outlook
11.2. Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
11.2.1. By Type
11.2.2. By Load Capacity
11.2.3. By Application
11.2.4. By Propulsion
11.2.5. By Distribution Channel
11.2.6. By Country
11.2.6.1. Germany
11.2.6.2. UK
11.2.6.3. France
11.2.6.4. Italy
11.2.6.5. Spain
11.2.6.6. Russia & CIS
11.2.6.7. Poland
11.2.6.8. Netherlands
11.2.6.9. Nordic Countries
11.2.6.10. Rest of Europe
12. Asia Pacific Industrial Vehicles Market Analysis and Forecast
12.1. Regional Outlook
12.2. Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
12.2.1. By Type
12.2.2. By Load Capacity
12.2.3. By Application
12.2.4. By Propulsion
12.2.5. By Distribution Channel
12.2.6. By Country
12.2.6.1. China
12.2.6.2. India
12.2.6.3. Japan
12.2.6.4. Indonesia
12.2.6.5. Malaysia
12.2.6.6. Thailand
12.2.6.7. Vietnam
12.2.6.8. South Korea
12.2.6.9. ANZ
12.2.6.10. Rest of Asia Pacific
13. Middle East & Africa Industrial Vehicles Market Analysis and Forecast
13.1. Regional Outlook
13.2. Industrial Vehicles Market Size, Analysis, and Forecasts, 2020-2034
13.2.1. By Type
13.2.2. By Load Capacity
13.2.3. By Application
13.2.4. By Propulsion
13.2.5. By Distribution Channel
13.2.6. By Country
13.2.6.1. Turkey
13.2.6.2. Saudi Arabia
13.2.6.3. UAE
13.2.6.4. Israel
13.2.6.5. Kuwait
13.2.6.6. Egypt
13.2.6.7. Morocco
13.2.6.8. South Africa
13.2.6.9. Nigeria
13.2.6.10. Rest of Middle East & Africa
14. Competitive Landscape
14.1. List of key players
14.2. Company Profile/ Analysis
14.3. Revenue Share Analysis
14.4. Technology Comparison Analysis
14.5. Product Capacity, by Key Players
14.6. Product/ Service/ Application Category for Key Players
14.7. Competitive Dashboard Analysis
15. Company Profiles
15.1. Anhui Heli Co., Ltd.
15.1.1. Company Overview
15.1.2. Company Footprints
15.1.3. Product Portfolio
15.1.4. Competitors & Customers
15.1.5. Subsidiaries & Parent Organization
15.1.6. Recent Developments
15.1.7. Financial Analysis
15.2. Clark Material Handling Company
15.2.1. Company Overview
15.2.2. Company Footprints
15.2.3. Product Portfolio
15.2.4. Competitors & Customers
15.2.5. Subsidiaries & Parent Organization
15.2.6. Recent Developments
15.2.7. Financial Analysis
15.3. Crown Equipment Corporation
15.3.1. Company Overview
15.3.2. Company Footprints
15.3.3. Product Portfolio
15.3.4. Competitors & Customers
15.3.5. Subsidiaries & Parent Organization
15.3.6. Recent Developments
15.3.7. Financial Analysis
15.4. Doosan Industrial Vehicle
15.4.1. Company Overview
15.4.2. Company Footprints
15.4.3. Product Portfolio
15.4.4. Competitors & Customers
15.4.5. Subsidiaries & Parent Organization
15.4.6. Recent Developments
15.4.7. Financial Analysis
15.5. EP Equipment Co., Ltd.
15.5.1. Company Overview
15.5.2. Company Footprints
15.5.3. Product Portfolio
15.5.4. Competitors & Customers
15.5.5. Subsidiaries & Parent Organization
15.5.6. Recent Developments
15.5.7. Financial Analysis
15.6. Hangcha Group Co., Ltd.
15.6.1. Company Overview
15.6.2. Company Footprints
15.6.3. Product Portfolio
15.6.4. Competitors & Customers
15.6.5. Subsidiaries & Parent Organization
15.6.6. Recent Developments
15.6.7. Financial Analysis
15.7. Hyster-Yale Materials Handling, Inc.
15.7.1. Company Overview
15.7.2. Company Footprints
15.7.3. Product Portfolio
15.7.4. Competitors & Customers
15.7.5. Subsidiaries & Parent Organization
15.7.6. Recent Developments
15.7.7. Financial Analysis
15.8. J C Bamford Excavators Ltd.
15.8.1. Company Overview
15.8.2. Company Footprints
15.8.3. Product Portfolio
15.8.4. Competitors & Customers
15.8.5. Subsidiaries & Parent Organization
15.8.6. Recent Developments
15.8.7. Financial Analysis
15.9. Jungheinrich AG
15.9.1. Company Overview
15.9.2. Company Footprints
15.9.3. Product Portfolio
15.9.4. Competitors & Customers
15.9.5. Subsidiaries & Parent Organization
15.9.6. Recent Developments
15.9.7. Financial Analysis
15.10. KION Group AG
15.10.1. Company Overview
15.10.2. Company Footprints
15.10.3. Product Portfolio
15.10.4. Competitors & Customers
15.10.5. Subsidiaries & Parent Organization
15.10.6. Recent Developments
15.10.7. Financial Analysis
15.11. Komatsu Ltd.
15.11.1. Company Overview
15.11.2. Company Footprints
15.11.3. Product Portfolio
15.11.4. Competitors & Customers
15.11.5. Subsidiaries & Parent Organization
15.11.6. Recent Developments
15.11.7. Financial Analysis
15.12. Konecrane
15.12.1. Company Overview
15.12.2. Company Footprints
15.12.3. Product Portfolio
15.12.4. Competitors & Customers
15.12.5. Subsidiaries & Parent Organization
15.12.6. Recent Developments
15.12.7. Financial Analysis
15.13. Manitou Group
15.13.1. Company Overview
15.13.2. Company Footprints
15.13.3. Product Portfolio
15.13.4. Competitors & Customers
15.13.5. Subsidiaries & Parent Organization
15.13.6. Recent Developments
15.13.7. Financial Analysis
15.14. Mitsubishi Logisnext Co., Ltd.
15.14.1. Company Overview
15.14.2. Company Footprints
15.14.3. Product Portfolio
15.14.4. Competitors & Customers
15.14.5. Subsidiaries & Parent Organization
15.14.6. Recent Developments
15.14.7. Financial Analysis
15.15. Toyota Industries Corporation
15.15.1. Company Overview
15.15.2. Company Footprints
15.15.3. Product Portfolio
15.15.4. Competitors & Customers
15.15.5. Subsidiaries & Parent Organization
15.15.6. Recent Developments
15.15.7. Financial Analysis
15.16. Other Key Players
15.16.1. Company Overview
15.16.2. Company Footprints
15.16.3. Product Portfolio
15.16.4. Competitors & Customers
15.16.5. Subsidiaries & Parent Organization
15.16.6. Recent Developments
15.16.7. Financial Analysis
16. Key Takeaways
List of Tables
Table 01: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 02: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 03: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 04: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 05: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 06: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 07: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 08: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 09: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 10: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 11: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Region 2020-2034
Table 12: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Region 2020-2034
Table 13: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 14: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 15: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 16: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 17: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 18: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 19: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 20: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 21: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 22: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 23: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Table 24: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Table 25: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 26: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 27: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 28: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 29: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 30: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 31: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 32: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 33: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 34: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 35: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Table 36: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Table 37: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 38: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 39: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 40: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 41: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 42: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 43: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 44: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 45: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 46: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 47: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Table 48: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Table 49: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 50: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 51: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 52: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 53: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 54: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 55: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 56: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 57: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 58: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 59: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Table 60: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Table 61: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Table 62: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Table 63: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Table 64: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Table 65: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Table 66: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 67: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Table 68: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Table 69: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Table 70: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Table 71: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Table 72: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
List of Figures
Figure 01: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 02: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 03: Global Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 04: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 05: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 06: Global Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 07: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 08: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 09: Global Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 10: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 11: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 12: Global Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 13: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 14: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 15: Global Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 16: Global Industrial Vehicles Market Volume (Thousand Units) Forecast, by Region 2020-2034
Figure 17: Global Industrial Vehicles Market Value (US$ Mn) Forecast, by Region 2020-2034
Figure 18: Global Industrial Vehicles Market, Incremental Opportunity, by Region, Value (US$ Mn), 2024-2034
Figure 19: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 20: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 21: North America Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 22: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 23: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 24: North America Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 25: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 26: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 27: North America Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 28: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 29: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 30: North America Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 31: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 32: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 33: North America Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 34: North America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Figure 35: North America Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Figure 36: North America Industrial Vehicles Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034
Figure 37: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 38: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 39: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 40: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 41: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 42: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 43: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 44: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 45: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 46: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 47: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 48: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 49: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 50: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 51: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 52: Central and South America Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Figure 53: Central and South America Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Figure 54: Central and South America Industrial Vehicles Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034
Figure 55: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 56: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 57: Europe Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 58: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 59: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 60: Europe Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 61: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 62: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 63: Europe Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 64: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 65: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 66: Europe Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 67: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 68: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 69: Europe Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 70: Europe Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Figure 71: Europe Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Figure 72: Europe Industrial Vehicles Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034
Figure 73: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 74: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 75: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 76: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 77: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 78: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 79: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 80: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 81: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 82: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 83: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 84: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 85: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 86: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 87: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 88: Asia Pacific Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Figure 89: Asia Pacific Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Figure 90: Asia Pacific Industrial Vehicles Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034
Figure 91: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Type, 2020-2034
Figure 92: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Type, 2020-2034
Figure 93: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Type, Value (US$ Mn), 2024-2034
Figure 94: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Load Capacity, 2020-2034
Figure 95: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Load Capacity, 2020-2034
Figure 96: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Load Capacity, Value (US$ Mn), 2024-2034
Figure 97: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Application, 2020-2034
Figure 98: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Application, 2020-2034
Figure 99: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Application, Value (US$ Mn), 2024-2034
Figure 100: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Propulsion, 2020-2034
Figure 101: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Propulsion, 2020-2034
Figure 102: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Propulsion, Volume (Thousand Units), 2024-2034
Figure 103: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Distribution Channel, 2020-2034
Figure 104: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034
Figure 105: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034
Figure 106: Middle East & Africa Industrial Vehicles Market Volume (Thousand Units) Forecast, by Country 2020-2034
Figure 107: Middle East & Africa Industrial Vehicles Market Value (US$ Mn) Forecast, by Country 2020-2034
Figure 108: Middle East & Africa Industrial Vehicles Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034