Forklift Battery Market Size, Scope, and Share by 2028
Forklift Battery Market: Strategic Insights
Forklift Battery Market
-
CAGR (2023 - 2031)7.1% -
Market Size 2023
US$ 5.53 Billion -
Market Size 2031
US$ 9.57 Billion
Market Dynamics
GROWTH DRIVERS
- Advancements in battery technology
- A rising focus on cost-efficiency
FUTURE TRENDS
- Shift to lithium-ion batteries, integration with IoT and automation
OPPORTUNITIES
- Rising Application in Warehousing and Manufacturing
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Lithium ion
- Lead-Acid
Application
- Warehouses
- Construction
- Manufacturing
- Retail and Wholesale Stores