Ursatail Says: Forklift Market

First: Increase innovation and promote the upgrading and development of the forklift industry, especially new energy forklift trucks and Automatic guided vehicle (AGV) products. Lithium battery forklift although the number is not very large, it represents the future direction of development.Electric forklift and walking storage forklift truck sales growth is astonishing, indicating that e-commerce logistics market development space is great.

Second, Improve the service level. We should pay enough attention to the forklift rear market, explore the new marketing mode of “Internet “, independent third party e-commerce platform, innovate vehicle and accessories sales mode, and enhance the popularity and reputation of domestic brands.

Third, Work hard in overseas markets, adjust product according to the market demand of different countries and regions, speed up the delivery of new products to the market.

Global sales will exceed 1.1 million units in 2018. ,China develops fastest in this field.The market is huge and future is colourful. But Competition is also fierce.

Figure forklift Main Classification


Global forklift market major manufacturers:

Mitsubishi Nichiyu Forklift Corporation
Hyundai Heavy Industries
Komatsu Limited
Hyster-Yale Material handling Inc
Jungheinrich group
Crown Equipment Corporation


Forklift Truck Global Market Report Size Forecast 2018-2022