Electric Lift Truck Market Share

Electric Lift Truck Market Share

Toyota Industries Corporation and KION GROUP AG are the major market players operating in electric lift truck industry with a combined market share of over 15%. These players focus on strategic mergers, acquisitions, and partnerships with other players to leverage their technology, improve offerings, and maintain their market position. New product launches with integrated advanced technologies forms a key strategy amongst market players.
 

Major participants are increasing their market presence through strategic initiatives. They focus on fleet electrification, offering eco-friendly solutions to meet stringent environmental norms. Investments in research and development lead to innovative electric models, addressing sustainability concerns. Collaborations with charging infrastructure providers further enhance the adoption of electric lift trucks, solidifying companies' positions in the evolving market for efficient and environmentally conscious material handling solutions.
 

Electric Lift Truck Market Companies

Major players operating in the electric lift truck industry are:

• Anhui HELI Co., Ltd
• Clark Material Handling Company
• Crown Equipment Corporation
• Combilift Material Handling Solutions
• Doosan Industrial Vehicle America Corp.
• Godrej and Boyce Group
• Hangcha Group Co., Ltd.
• Hyster-Yale Materials Handling, Inc.
• Hubtex Maschinenbau GmbH & Co. KG
• KION GROUP AG
• Komatsu Ltd.
• Konecranes
• Lonking Holdings Limited
• Manitou Group
• Mitsubishi Logisnext Co., Ltd.
• Paletrans Forklifts
• Toyota Industries Corporation