Forklift Battery Market Scope And Analysis

  • Report Code : TIPRE00009135
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Forklift Battery Market Scope, Analysis, and Trends by 2028

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Forklift Battery Market Report Forklift Battery Market Size and Share Forklift Battery Market Scope and Analysis

Forklift Battery Market Report Scope

Report Attribute Details
Market size in 2023 US$ 5.53 Billion
Market Size by 2031 US$ 9.57 Billion
Global CAGR (2023 - 2031) 7.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Lithium ion
  • Lead-Acid
By Application
  • Warehouses
  • Construction
  • Manufacturing
  • Retail and Wholesale Stores
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Accumulatorenwerke Hoppecke Carl Zoellner And Sohn Gmbh
  • Crown Equipment Corporation
  • ForeverPure Corporation
  • Exide
  • Industries Limited
  • EnerSys
  • OneCharge
  • Saft Groupe SA
  • Storage Battery Systems LLC
  • East Penn Manufacturing Company
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    Forklift Battery Market News and Recent Developments

    The forklift battery market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the forklift battery market are listed below:

    • Crown Equipment Corporation introduced V-Force branded products for clients looking to use lithium-ion technology to increase battery electric forklift performance. With lithium-ion batteries and chargers, Crown's V-Force Energy Storage Systems (ESS) are now offered for all of its forklift truck models. (Source: Crown Equipment Corporation, Press Release, September 2021)
    • EnerSys (NYSE:ENS), the global leader in stored energy solutions for industrial applications, has strengthened its Manufacturer Representative Agreement with Industrial Battery & Charger, Inc. (IBCI) by granting exclusive sales and service rights for all EnerSys motive power products in the Middle Tennessee Territory, with local offices in Nashville. Effective immediately, the exclusivity agreement includes the complete line of EnerSys NexSys and IRONCLAD batteries, as well as IMPAQ, NexSys+ and Express chargers. (Source: EnerSys, Press Release, October 2022)

    Forklift Battery Market Report Coverage and Deliverables

    The “Forklift Battery Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Forklift battery market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Forklift battery market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Forklift battery market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the forklift battery market
    • Detailed company profiles