Forklift batteries require high power and energy density. Lead-acid batteries were commonly used in forklifts. However, Li-ion batteries are also now being used in forklifts.
Technavio’s analysts forecast the global forklift battery market to grow at a CAGR of 8.86% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global forklift battery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: •Americas •APAC •EMEA
Technavio’s report, Global Forklift Battery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver • Increasing demand for electric forklift applications • For a full, detailed list, view our report
Market challenge • Replacement of electric forklifts with fuel cell forklifts • For a full, detailed list, view our report
Market trend • Legislative support for battery recycling • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
The thriving research on fuel cell is a result of global fossil fuel resources to be exhausted within a century. Hydrogen fuel cell as a kind of renewable resource has plenty of merits: (1) an energy conversion efficiency of as high as 50%-60%; (2) zero pollution, zero emission; (3) modular design, low maintenance cost; (4) many ways to produce...
Report Scope: The scope of this market study includes the leading lead-acid battery technologies that are currently in use globally.Lead-acid battery technologies are used across a number of industries and applications, such as automotive, renewable energy and telecommunications. The lead-acid battery technologies...
Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...
Report Scope: The scope of this report is specifically focused on industrial material handling equipment batteries, charging systems and battery exchange systems in North America.The market is broken down by major battery types, charging technologies, exchange systems and owner operations and applications. The market...
Market Overview The GCC construction machinery market was valued at USD 2,230.53 million in 2018 and is expected to project a CAGR of 3.09%, during the forecast period, 2019-2024. - Some of the factors driving the growth of the market are growing construction industry in the region, increasing demand for cranes,...
249 pages •
By Global Industry Analysts
• Jul 2019
Forklift market worldwide is projected to grow by US$2 Billion, guided by a compounded growth of 1.7%. Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Manufacturing, one of the segments analyzed and...
149 pages •
By Global Industry Analysts
• Jul 2019
Aerial Work Platform Truck market worldwide is projected to grow by US$8.3 Billion, guided by a compounded growth of 15.1%. Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments. Boom Lifts, one of the segments...
Solid-State EV Batteries - Thematic Research Summary This report focuses on solid-state batteries. This emerging field of energy-storage devices seeks to replace the potentially volatile liquid electrolyte in today’s lithium-ion (Li-ion) batteries with more stable solid materials. Scope This...
109 pages •
By International Market Analysis Research and Consult
• Jun 2019
A fuel cell refers to an electrochemical cell which converts the chemical energy from a fuel to electricity. The major components of a fuel cell include anode, cathode and electrolyte. Some of the advantages offered by fuel cells are energy-efficiency, high operating time, ease of maintenance, etc. Apart from this,...
216 pages •
By Asia Market Information & Development Company
• Jul 2019
China’s demand for Material Handling Equipment has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.