産業車両市場規模、シェア、動向、2035年までの世界予測

産業車両市場規模は、2026年の544億1,000万米ドルから2035年には914億4,000万米ドルへと、年平均成長率（CAGR）5.9%で成長すると予測されています。サプライチェーン業務の複雑化と自動化技術の導入に伴い、市場は世界的に拡大しています。こうした変化に対応するため、AGV（無人搬送車）や自律型フォークリフトといった高度な産業車両が効率性の向上に不可欠となっています。さらに、IoTやAIを活用した分析といった革新的な倉庫管理技術の統合により、リアルタイムの在庫追跡や最適なルート計画が可能となり、市場の成長が加速しています。同時に、多くの地域で労働力不足と賃金コストの上昇が、手作業への依存度を低減するために、自動化および半自動化機器への移行を加速させています。また、バッテリー技術（特にリチウムイオン電池）、センサーシステム、接続性、フリート管理ソフトウェアなどの技術革新により、より安全で信頼性が高く、エネルギー効率に優れた産業車両が実現しています。

調査範囲：

本調査は、産業車両市場を様々なセグメントにわたって網羅しています。車両タイプと積載量、推進方式、用途、自律性レベル、高所作業車タイプ、地域といったセグメントごとに、市場規模と将来の成長可能性を推定することを目的としています。また、主要市場プレーヤーの詳細な競合分析、企業プロファイル、製品および事業内容に関する重要な考察、最近の動向、買収についても分析しています。

レポート購入の主なメリット：

本レポートは、市場リーダーや新規参入企業に対し、産業車両市場とそのサブセグメントにおける収益の最も正確な推定値を提供します。また、産業車両販売の変動についても分析し、部品サプライヤーが戦略を策定するのに役立ちます。さらに、関係者が競争環境を理解し、より深い洞察を得て、自社の事業をより効果的に位置づけ、適切な市場参入戦略を立案するのに役立ちます。市場の動向を把握し、主要な推進要因、阻害要因、課題、機会に関する洞察を得るのにも役立ちます。本レポートは、産業車両サプライヤーの市場シェアとOEM分析を理解する上でも役立ちます。

本レポートでは、以下の点についてさらに詳しく解説しています。

• 市場動向：産業車両市場の成長に影響を与える主要な推進要因（倉庫自動化と高密度保管モデルの影響）、阻害要因（高額な設備投資と総所有コストへの感度）、機会（サービスとしてのエネルギーとバッテリーエコシステムの統合）、および課題（技術移行リスク（内燃機関→電気自動車およびデジタルプラットフォーム））の分析
• 製品開発／イノベーション：産業車両市場における今後の技術、製品、サービスの発売に関する詳細な分析
• 市場動向：包括的な市場情報（本レポートでは、様々な地域における産業車両市場を分析しています）
• 市場の多様化：産業車両市場における新製品・サービス、未開拓地域、最近の動向、および投資に関する包括的な情報
• 競合評価：トヨタ自動車株式会社（日本）、KIONグループAG（ドイツ）、三菱ロジスネクスト株式会社（日本）、ユングハインリッヒAG（ドイツ）、クラウン・イクイップメント・コーポレーションなどの主要企業の市場シェア、成長戦略、およびサービス提供に関する詳細な評価（米国）およびHyster-Yale Materials Handling, Inc.（米国）は、産業車両市場において事業を展開している。

 

Report Description

The industrial vehicles market size is projected to grow from USD 54.41 billion in 2026 to USD 91.44 billion by 2035 at a CAGR of 5.9%. The market is expanding globally due to the growing complexity of supply chain operations and the adoption of automation technologies. This shift necessitates advanced industrial vehicles such as AGVs and autonomous forklifts to enhance efficiency. Additionally, integrating innovative warehousing technologies, such as IoT and AI-driven analytics, further accelerates market growth by enabling real-time inventory tracking and optimized route planning. At the same time, labor shortages and rising wage costs in many regions are accelerating the shift toward automation and semi-automated equipment to reduce reliance on manual operations. Also, technological advancements, such as improvements in battery technology (particularly lithium-ion), sensor systems, connectivity, and fleet management software, are enabling safer, more reliable, and more energy-efficient industrial vehicles.

“The internal combustion engine (ICE) industrial vehicles segment is expected to grow substantially during the forecast period.”

ICE-operated industrial vehicles are widely used due to their efficiency, making them a preferred choice across different industries. Unlike electric counterparts, which require frequent recharging, ICE vehicles can operate for longer periods. Additionally, ICE industrial vehicles can handle heavy loads and improve loading and unloading efficiency in warehouses, factories, and distribution centers. Their high-power output, swift acceleration, and speed further enhance their effectiveness in transporting and material-handling operations. Factors such as lower initial costs, high operational efficiency, ease of refueling, and ability to handle heavy-duty tasks are likely to drive the demand for ICE industrial vehicles. Further, the expansion of large logistics hubs and industrial corridors is growing in the Asia Pacific, especially in countries such as India (e.g., Delhi–Mumbai Industrial Corridor), China (inland logistics zones), Southeast Asia region (Vietnam, Thailand), and Gulf Cooperation Council countries, which will accelerate growth for ICE industrial vehicles.

In heavy-duty forklifts (10–15+ tons), container handlers, and terminal tractors, diesel and LPG engines remain preferred for delivering sustained torque during long, demanding shifts. These machines work in ports, steel yards, and rugged logistics sites where uptime, quick refueling, and field service support matter more than electrification. Established service networks and predictable resale values further support ICE adoption, especially in emerging markets. In mixed indoor-outdoor operations, battery weight, charging logistics, and infrastructure upgrades still add cost and complexity.

“China is expected to register considerable growth in the Asia Pacific industrial vehicles market.”

China is expected to be the largest market in the Asia Pacific industrial vehicles market during the forecast period due to government incentives for industrial infrastructure development. Additionally, major manufacturers are expanding their product portfolios in China to capitalize on the country’s growing industrial sector. Ongoing investments in industrial parks, ports, rail corridors, and logistics zones are driving demand for industrial equipment. Companies such as Hangcha Group Co., Ltd. released hydrogen fuel-cell forklifts (3.5-ton class) and lightweight EzGo AGVs for automated material handling. Anhui Heli (HELI) has launched new lithium-battery electric forklift models (H-Series CPD range) with a capacity of up to 3.0 tons, introduced for warehouse and logistics use. The availability of a diverse range of electric forklift models & AGVs from leading manufacturers, wide product offerings from domestic industrial vehicle manufacturers, and rising industrialization are expected to fuel the growth of the industrial vehicles market across China.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the industrial vehicles market. The breakup of the primary interviews is as follows:

• By Company Type: OEMs – 80%, Tier 1 –10% and Others – 10%,
• By Designation: CXOs – 65%, Managers – 25%, and Executives – 10%
• By Region: North America – 36%, Europe – 32%, Asia Pacific – 28%, and Rest of the World – 4%

The industrial vehicles market comprises major manufacturers such as Toyota Industries Corporation (Japan), KION Group AG (Germany), Mitsubishi Logisnext Co., Ltd. (Japan), Jungheinrich AG (Germany), Crown Equipment Corporation (US), and Hyster-Yale Materials Handling, Inc. (US).

Research Coverage:

The study covers the industrial vehicles market across various segments. It aims to estimate the market size and future growth potential across segments such as vehicle type & capacity, propulsion, application, level of autonomy, aerial work platform type, and region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants with information on the closest approximations of revenue for the industrial vehicles market and its sub-segments. The report also discusses the ups and downs in industrial vehicle sales, helping component suppliers plan their strategies. This report will help stakeholders understand the competitive landscape and gain deeper insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides insights into key drivers, restraints, challenges, and opportunities. The report also helps in understanding the industrial vehicle supplier market share and OEM analysis.

The report further provides insights into the following points:

• Market Dynamics: Analysis of key drivers (impact of warehouse automation and high-density storage models), restraints (high capex & total cost of ownership sensitivity), opportunities (energy as-a-service & battery ecosystem integration), and challenges (technology transition risk (ICE→ electric & digital platforms)) influencing the growth of the industrial vehicles market
• Product Development/Innovation: Detailed insights into upcoming technologies and product & service launches in the industrial vehicles market
• Market Development: Comprehensive market information (the report analyzes the industrial vehicles market across varied regions)
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial vehicles market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toyota Industries Corporation (Japan), KION Group AG (Germany), Mitsubishi Logisnext Co., Ltd. (Japan), Jungheinrich AG (Germany), Crown Equipment Corporation (US), and Hyster-Yale Materials Handling, Inc. (US), in the industrial vehicle market.

Table of Contents

1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 35
1.3 STUDY SCOPE 37
1.3.1 MARKET SEGMENTATION 37
1.3.2 INCLUSIONS & EXCLUSIONS 37
1.4 YEARS CONSIDERED 38
1.5 CURRENCY CONSIDERED 38
1.6 UNIT CONSIDERED 39
1.7 STAKEHOLDERS 39
1.8 SUMMARY OF CHANGES 39
2 EXECUTIVE SUMMARY 40
2.1 MARKET HIGHLIGHTS & KEY INSIGHTS 40
2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS 41
2.3 DISRUPTIVE TRENDS FOR INDUSTRIAL VEHICLES MARKET 42
2.4 HIGH-GROWTH SEGMENTS IN INDUSTRIAL VEHICLES MARKET 43
2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST 44
3 PREMIUM INSIGHTS 45
3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL VEHICLES MARKET 45
3.2 INDUSTRIAL VEHICLES MARKET, BY REGION 46
3.3 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE 46
3.4 INDUSTRIAL VEHICLES MARKET, BY MOTOR TYPE 47
3.5 INDUSTRIAL VEHICLES MARKET, BY APPLICATION 47
3.6 INDUSTRIAL VEHICLES MARKET, BY PROPULSION 48
3.7 AERIAL WORK PLATFORM MARKET, BY TYPE 48
4 MARKET OVERVIEW 49
4.1 INTRODUCTION 49
4.2 MARKET DYNAMICS 50
4.2.1 DRIVERS 50
4.2.1.1 Need for warehouse automation and high-density storage models 50
4.2.1.2 Focus on electrification and indoor emission compliance 52
4.2.1.3 Port and intermodal terminal modernization 53
4.2.2 RESTRAINTS 53
4.2.2.1 High Capex and Total Cost of Ownership (TCO) sensitivity 53
4.2.2.2 Infrastructure and facility constraints 54

4.2.3 OPPORTUNITIES 54
4.2.3.1 Integration of energy-as-a-service model and battery ecosystem 54
4.2.3.2 Fleet digitalization and shift toward ‘productivity-as-a-service’ 55
4.2.4 CHALLENGES 56
4.2.4.1 Technology transition risk from ICE to electric and digital platforms 56
4.2.4.2 Margin compression from commoditization and rental shift 57
4.3 UNMET NEEDS AND WHITE SPACES 58
4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 58
4.5 STRATEGIC MOVES BY TIER 1/2/3 PLAYERS 59
5 INDUSTRY TRENDS 60
5.1 MACROECONOMIC INDICATORS 60
5.1.1 INTRODUCTION 60
5.1.2 GDP TRENDS AND FORECAST 60
5.1.3 TRENDS IN GLOBAL INDUSTRIAL VEHICLE INDUSTRY 60
5.1.3.1 Powertrain transition and market dynamics 60
5.1.3.2 Growth in off-highway and industrial equipment 61
5.1.4 TRENDS IN GLOBAL AUTOMOTIVE & TRANSPORTATION INDUSTRY 61
5.1.4.1 Regional GDP dynamics 61
5.1.4.1.1 Developed markets (Asia Pacific, Europe, North America, and RoW) 61
5.1.4.1.2 Emerging markets 61
5.1.4.2 Investment environment 62
5.2 ECOSYSTEM ANALYSIS 63
5.3 PRICING ANALYSIS 64
5.3.1 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE 65
5.3.2 AVERAGE SELLING PRICE, BY REGION 65
5.4 TOTAL COST OF OWNERSHIP (TCO) 66
5.4.1 COMPARISON BETWEEN TCO OF ELECTRIC AND ICE FORKLIFTS 66
5.5 BILL OF MATERIALS (BOM) ANALYSIS 68
5.6 OEM ANALYSIS: FORKLIFTS 70
5.6.1 FORKLIFT BATTERY CAPACITY AND LIFTING CAPACITY 70
5.6.2 LIFTING CAPACITY AND BATTERY VOLTAGE 71
5.6.3 BATTERY VOLTAGE AND MARKET SIZE OF FORKLIFTS 72
5.7 VALUE CHAIN ANALYSIS 72
5.8 CASE STUDIES 74
5.8.1 MITSUBISHI FORKLIFT ENHANCED SAFETY AT KELLOGG’S MANCHESTER SITE 74
5.8.2 DEMATIC’S AUTONOMOUS FORKLIFT REDUCED DELIVERY TIME AT L’ORÉAL 74
5.8.3 THYSSENKRUPP EMPLOYED JUNGHEINRICH AG FOR FLEXIBLE AUTOMATION 75
5.8.4 JUNGHEINRICH AG AUTOMATED COKO-WERK GMBH & CO. KG WAREHOUSES 75
5.8.5 TOYOTA DELIVERED SUSTAINABLE AGV SOLUTIONS TO PANASONIC ENERGY 75

5.9 INVESTMENT & FUNDING SCENARIO 76
5.10 PATENT ANALYSIS 77
5.11 TECHNOLOGY ANALYSIS 83
5.11.1 KEY TECHNOLOGIES 83
5.11.1.1 IoT for automated material handling 83
5.11.1.2 Smart braking technology for forklifts 83
5.11.2 COMPLEMENTARY TECHNOLOGIES 84
5.11.2.1 Collaborative robots 84
5.11.2.2 Sustainable forklift technologies 85
5.11.3 ADJACENT TECHNOLOGIES 86
5.11.3.1 5G connectivity for automated warehouses 86
5.11.3.2 Implementation of AI in industrial vehicles 86
5.12 TRADE ANALYSIS 87
5.12.1 IMPORT SCENARIO (HS CODE 842710) 87
5.12.2 EXPORT SCENARIO (HS CODE 842710) 88
5.13 REGULATORY LANDSCAPE 90
5.13.1 SAFETY STANDARDS FOR AGVS 90
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
5.14 KEY CONFERENCES & EVENTS, 2025–2026 92
5.15 KEY STAKEHOLDERS & BUYING CRITERIA 92
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 92
5.15.1.1 Key stakeholders in buying process 93
5.15.1.2 Buying criteria 93
5.16 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 95
5.17 IMPACT OF AI/GEN AI ON INDUSTRIAL VEHICLES MARKET 96
5.17.1 TOP USE CASES AND MARKET POTENTIAL 97
5.17.2 BEST PRACTICES IN ELECTRIC INDUSTRIAL VEHICLE DEVELOPMENT 97
5.17.3 CASE STUDIES: IMPLEMENTATION OF AI IN INDUSTRIAL VEHICLES MARKET 98
5.17.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS 98
5.17.5 CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN INDUSTRIAL VEHICLES 99
5.17.6 SUCCESS STORIES AND REAL-WORLD APPLICATIONS 99
5.17.6.1 Toyota Industries Corporation: AI-enabled autonomous lift trucks for flexible loading 99
5.17.6.2 Jungheinrich AG: Autonomous intralogistics vehicles for smart manufacturing 99
5.17.6.3 Linde Material Handling: Autonomous mobile robots for warehouse automation 99
5.17.6.4 KION Group: AI-powered digital twin for warehouse optimization 100
5.17.6.5 Crown Equipment Corporation: Autonomous forklift deployment in logistics operations 100
5.17.6.6 Jungheinrich AG: Lithium-ion battery technology for smart
electric fleets 100
6 AERIAL WORK PLATFORM MARKET, BY TYPE 101
6.1 INTRODUCTION 102
6.2 BY TYPE 103
6.3 BY PROPULSION 104
6.3.1 AERIAL LIFT PLATFORM MODELS, BY OEMS 106
6.4 BOOM LIFTS 107
6.4.1 INCREASED FOREIGN INVESTMENTS AND GOVERNMENT SUPPORT TO
DRIVE MARKET 107
6.4.2 BY REGION 108
6.4.3 BY PROPULSION 109
6.5 SCISSOR LIFTS 111
6.5.1 NEED FOR EXPANSION OF INFRASTRUCTURE AND COMMERCIAL CONSTRUCTION ACTIVITY TO DRIVE MARKET 111
6.5.2 BY REGION 111
6.5.3 BY PROPULSION 113
6.6 KEY PRIMARY INSIGHTS 115
7 INDUSTRIAL VEHICLE MOTORS MARKET, BY MOTOR TYPE 116
7.1 INTRODUCTION 117
7.2 TRACTION MOTORS 119
7.2.1 FLEET ELECTRIFICATION AND RISING DEMAND FROM WAREHOUSE AUTOMATION AND E-COMMERCE LOGISTICS TO DRIVE MARKET 119
7.2.2 INDUSTRIAL VEHICLE MODELS EQUIPPED WITH TRACTION MOTORS, BY OEM 120
7.2.3 BY REGION 122
7.2.4 TRACTION MOTORS MARKET, BY POWER OUTPUT 123
7.2.4.1 ≤ 5 kW 124
7.2.4.2 > 5 kW 125
7.2.5 TRACTION MOTORS MARKET, BY POWER SOURCE 126
7.2.5.1 AC 127
7.2.5.2 DC 128
7.3 HYDRAULIC MOTORS 129
7.3.1 IMPLEMENTATION OF ENHANCED PRECISION CONTROL AND SMOOTHER LOAD HANDLING TO DRIVE MARKET 129
7.3.2 HYDRAULIC MOTORS MARKET, BY POWER OUTPUT 132
7.3.2.1 ≤ 5 kW 133
7.3.2.2 > 5 kW 135
7.3.3 HYDRAULIC MOTORS MARKET, BY POWER SOURCE 136
7.3.3.1 AC 137
7.3.3.2 DC 138
7.4 POWER STEERING MOTORS 139
7.4.1 RAPID ELECTRIFICATION OF INDUSTRIAL AND COMMERCIAL VEHICLE FLEETS TO DRIVE MARKET 139

7.4.2 POWER STEERING MOTORS MARKET, BY POWER OUTPUT 141
7.4.2.1 ≤ 5 kW 142
7.4.2.2 > 5 kW 143
7.4.3 POWER STEERING MOTORS MARKET, BY POWER SOURCE 144
7.4.3.1 AC 145
7.4.3.2 DC 146
7.5 KEY PRIMARY INSIGHTS 147
8 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE & CAPACITY 148
8.1 INTRODUCTION 149
8.1.1 INDUSTRIAL VEHICLE MODELS OFFERED BY OEMS 151
8.2 FORKLIFTS 153
8.2.1 NEED FOR TECHNOLOGICAL ADVANCEMENTS IN ELECTRIC FORKLIFTS TO DRIVE MARKET 153
8.2.2 FORKLIFTS MARKET, BY CAPACITY 155
8.2.2.1 < 5 tons 157
8.2.2.2 5–10 tons 157
8.2.2.3 11–36 tons 158
8.2.2.4 > 36 tons 158
8.3 AISLE TRUCKS 158
8.3.1 INCREASING DEMAND FOR SPACE OPTIMIZATION IN WAREHOUSES TO DRIVE MARKET 158
8.3.2 AISLE TRUCKS MARKET, BY CAPACITY 160
8.3.2.1 < 1 ton 162
8.3.2.2 1–2 tons 162
8.3.2.3 > 2 tons 162
8.4 TOW TRACTORS 162
8.4.1 INCREASING DEMAND FOR EFFICIENT MATERIAL HANDLING TO DRIVE MARKET 162
8.4.2 TOW TRACTORS MARKET, BY CAPACITY 165
8.4.2.1 < 5 tons 166
8.4.2.2 5–10 tons 166
8.4.2.3 11–30 tons 167
8.4.2.4 > 30 tons 167
8.5 CONTAINER HANDLERS 167
8.5.1 FOCUS ON STRENGTHENING INFRASTRUCTURE IN MARITIME TRANSPORT TO DRIVE MARKET 167
8.5.2 CONTAINER HANDLERS MARKET, BY CAPACITY 169
8.5.2.1 < 30 tons 171
8.5.2.2 30–40 tons 171
8.5.2.3 > 40 tons 171

8.6 AUTOMATED GUIDED VEHICLES 172
8.6.1 RAPID INDUSTRIAL AUTOMATION IN MATERIAL-HANDLING PROCESSES TO DRIVE MARKET 172
8.6.2 CHALLENGES OF AGVS 173
8.6.2.1 Availability of cost-effective labor restricting adoption of AGVs
in emerging economies 173
8.6.2.2 Technical challenges related to sensing elements 173
8.6.2.3 High installation, maintenance, and switching costs associated
with AGVs 173
8.7 PERSONNEL CARRIERS 174
8.7.1 RAPID INDUSTRIAL GROWTH, EXPANDING MANUFACTURING HUBS, AND GROWING WORKFORCE MOBILITY TO DRIVE MARKET 174
8.8 KEY PRIMARY INSIGHTS 174
9 INDUSTRIAL VEHICLES MARKET, BY APPLICATION 175
9.1 INTRODUCTION 176
9.1.1 INDUSTRIAL VEHICLES AND THEIR APPLICATIONS 178
9.2 MANUFACTURING 179
9.2.1 INCREASING ADOPTION OF INDUSTRIAL VEHICLES IN END-USE INDUSTRIES TO DRIVE MARKET 179
9.2.2 AUTOMOTIVE 181
9.2.3 METALS & HEAVY MACHINERY 182
9.2.4 CHEMICAL 182
9.2.5 HEALTHCARE 183
9.2.6 FOOD & BEVERAGES 183
9.2.7 OTHERS 184
9.3 WAREHOUSING 184
9.3.1 EXPANSION OF E-COMMERCE SECTOR TO FUEL GROWTH 184
9.4 FREIGHT & LOGISTICS 187
9.4.1 CONSUMER SHIFT TOWARD ONLINE SHOPPING TO DRIVE GROWTH 187
9.5 OTHERS 190
9.6 KEY PRIMARY INSIGHTS 192
10 INDUSTRIAL VEHICLES MARKET, BY LEVEL OF AUTONOMY 193
10.1 INTRODUCTION 193
10.2 SEMI-AUTONOMOUS 194
10.2.1 SEMI-AUTONOMOUS TECHNOLOGY ALLOWS LIFT TRUCKS TO MOVE AUTOMATICALLY ALONG PREDEFINED ROUTES USING NAVIGATION SYSTEMS 194
10.3 AUTONOMOUS 195
10.3.1 AUTONOMOUS INDUSTRIAL VEHICLES ENSURE CORRECT QUANTITY OF MATERIALS IS DELIVERED SAFELY TO RIGHT LOCATION AT RIGHT TIME 195
10.4 KEY PRIMARY INSIGHTS 196

11 INDUSTRIAL VEHICLES MARKET, BY PROPULSION 197
11.1 INTRODUCTION 198
11.2 INDUSTRIAL VEHICLES OFFERED BY COMPANIES, BY PROPULSION 201
11.3 ICE 201
11.3.1 INCREASING UTILIZATION OF ICE VEHICLES FOR DISTRIBUTION AND FREIGHT HANDLING TO DRIVE MARKET 201
11.4 BATTERY-OPERATED 204
11.4.1 GROWING ENVIRONMENTAL AWARENESS TO DRIVE ADOPTION OF BATTERY-OPERATED INDUSTRIAL VEHICLES 204
11.4.2 INTERNAL COMBUSTION ENGINES VS. ELECTRIC ENGINES 205
11.5 GAS-POWERED 208
11.5.1 NEED FOR COST-EFFECTIVE AND ENVIRONMENT-FRIENDLY MATERIAL-HANDLING SOLUTIONS TO DRIVE MARKET 208
11.6 KEY PRIMARY INSIGHTS 210
12 INDUSTRIAL VEHICLES MARKET, BY REGION 211
12.1 INTRODUCTION 212
12.2 ASIA PACIFIC 214
12.2.1 CHINA 217
12.2.1.1 Need for high-density logistics to drive market 217
12.2.2 INDIA 220
12.2.2.1 Focus on infrastructural expansion and e-commerce warehousing to boost growth 220
12.2.3 JAPAN 222
12.2.3.1 Demand for automation-driven replacement to strengthen market 222
12.2.4 SOUTH KOREA 224
12.2.4.1 Need for technology-intensive manufacturing to drive demand 224
12.2.5 REST OF ASIA PACIFIC 227
12.3 EUROPE 229
12.3.1 GERMANY 232
12.3.1.1 Need for industrial automation to anchor market growth 232
12.3.2 UK 235
12.3.2.1 Post-Brexit supply chain restructuring to support demand for replacement 235
12.3.3 FRANCE 237
12.3.3.1 Modernization of logistics and sustainability commitments to drive demand 237
12.3.4 ITALY 239
12.3.4.1 Presence of small and medium manufacturing enterprises to drive momentum 239
12.3.5 SPAIN 241
12.3.5.1 Rising activities in logistics and warehousing sectors to drive market 241
12.3.6 REST OF EUROPE 243

12.4 NORTH AMERICA 245
12.4.1 US 248
12.4.1.1 Presence of mega fulfillment centers and lithium-ion fleets to reshape market 248
12.4.2 MEXICO 250
12.4.2.1 Nearshoring momentum and export manufacturing to boost forklift demand 250
12.4.3 CANADA 253
12.4.3.1 Emphasis on cold-chain logistics and electrified warehousing to drive market 253
12.5 REST OF THE WORLD 255
12.5.1 BRAZIL 257
12.5.1.1 Need for industrial recovery and agribusiness logistics to support demand 257
12.5.2 SOUTH AFRICA 260
12.5.2.1 Mining supply chains and port logistics to drive equipment utilization 260
12.5.3 OTHERS 262
13 COMPETITIVE LANDSCAPE 265
13.1 OVERVIEW 265
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 265
13.3 MARKET SHARE ANALYSIS, 2025 267
13.3.1 TOYOTA INDUSTRIES CORPORATION 268
13.3.2 KION GROUP AG 268
13.3.3 MITSUBISHI LOGISNEXT CO., LTD. 269
13.3.4 JUNGHEINRICH AG 269
13.3.5 CROWN EQUIPMENT CORPORATION 269
13.4 REVENUE ANALYSIS, 2020–2024 270
13.5 COMPANY VALUATION AND FINANCIAL METRICS 271
13.6 BRAND COMPARISON 272
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025 273
13.7.1 STARS 273
13.7.2 EMERGING LEADERS 273
13.7.3 PERVASIVE PLAYERS 273
13.7.4 PARTICIPANTS 273
13.7.5 COMPANY FOOTPRINT 275
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025 278
13.8.1 PROGRESSIVE COMPANIES 279
13.8.2 RESPONSIVE COMPANIES 279
13.8.3 DYNAMIC COMPANIES 279
13.8.4 STARTING BLOCKS 279
13.8.5 COMPETITIVE BENCHMARKING 281
13.9 COMPANY EVALUATION MATRIX (AERIAL WORK PLATFORM MARKET):
KEY PLAYERS, 2025 284
13.9.1 STARS 284
13.9.2 EMERGING LEADERS 284
13.9.3 PERVASIVE PLAYERS 284
13.9.4 PARTICIPANTS 285
13.9.5 COMPANY FOOTPRINT 286
13.10 COMPETITIVE SCENARIO 288
13.10.1 PRODUCT LAUNCHES 289
13.10.2 DEALS 292
13.10.3 EXPANSION 294
13.10.4 OTHER DEVELOPMENTS 295
14 COMPANY PROFILES 296
14.1 KEY PLAYERS (INDUSTRIAL VEHICLES) 296
14.1.1 TOYOTA INDUSTRIES CORPORATION 296
14.1.1.1 Business overview 296
14.1.1.2 Recent developments 299
14.1.1.3 MnM view 301
14.1.1.3.1 Key strengths 301
14.1.1.3.2 Strategic choices 301
14.1.1.3.3 Weaknesses & competitive threats 301
14.1.2 KION GROUP AG 302
14.1.2.1 Business overview 302
14.1.2.2 Recent developments 304
14.1.2.3 MnM view 306
14.1.2.3.1 Key strengths 306
14.1.2.3.2 Strategic choices 306
14.1.2.3.3 Weaknesses & competitive threats 306
14.1.3 MITSUBISHI LOGISNEXT CO., LTD. 307
14.1.3.1 Business overview 307
14.1.3.2 Recent developments 309
14.1.3.3 MnM view 311
14.1.3.3.1 Key strengths 311
14.1.3.3.2 Strategic choices 311
14.1.3.3.3 Weaknesses & competitive threats 312
14.1.4 JUNGHEINRICH AG 313
14.1.4.1 Business overview 313
14.1.4.2 Recent developments 315
14.1.4.3 MnM view 317
14.1.4.3.1 Key strengths 317

14.1.4.3.2 Strategic choices 317
14.1.4.3.3 Weaknesses & competitive threats 317
14.1.5 CROWN EQUIPMENT CORPORATION 318
14.1.5.1 Business overview 318
14.1.5.2 Recent developments 319
14.1.5.3 MnM view 320
14.1.5.3.1 Key strengths 320
14.1.5.3.2 Strategic choices 321
14.1.5.3.3 Weaknesses and competitive threats 321
14.1.6 HYSTER-YALE MATERIALS HANDLING, INC. 322
14.1.6.1 Business overview 322
14.1.6.2 Recent developments 324
14.1.7 HANGCHA FORKLIFT 326
14.1.7.1 Business overview 326
14.1.7.2 Recent developments 327
14.1.8 CLARK 329
14.1.8.1 Business overview 329
14.1.8.2 Recent developments 330
14.1.9 ANHUI HELI CO. LTD. 332
14.1.9.1 Business overview 332
14.1.9.2 Recent developments 333
14.1.10 KONECRANES 335
14.1.10.1 Business overview 335
14.1.10.2 Recent developments 337
14.1.11 EP EQUIPMENT 338
14.1.11.1 Business overview 338
14.1.11.2 Recent developments 339
14.2 OTHER PLAYERS 340
14.2.1 KOMATSU LTD. 340
14.2.2 DOOSAN BOBCAT 341
14.2.3 MANITOU GROUP 342
14.2.4 CARGOTEC 343
14.2.5 ACTION CONSTRUCTION EQUIPMENT LTD. 344
14.2.6 HYUNDAI CONSTRUCTION EQUIPMENT INDIA PVT. LTD. 345
14.2.7 V. MARIOTTI S.R.L. 346
14.2.8 COMBILIFT 347
14.2.9 DAIFUKU 348
14.2.10 JBT 349
14.2.11 LONKING MACHINERY CO., LTD. 350
14.2.12 HUBTEX MASCHINENBAU GMBH & CO. KG 351
14.2.13 GODREJ & BOYCE MANUFACTURING COMPANY LIMITED 352
14.2.14 SVETUCK AB 353
14.2.15 STOCKLIN LOGISTIK AG 354
14.2.16 O.M.G. SRL 355
14.2.17 PALETRANS FORKLIFTS 356
14.2.18 GENKINGER GMBH 356
14.2.19 FLEXI TRUCKS 357
14.2.20 AGILOX SERVICES GMBH 358
14.3 KEY PLAYERS (LIFTING PLATFORMS) 359
14.3.1 JLG INDUSTRIES, INC. 359
14.3.1.1 Business overview 359
14.3.1.2 Recent developments 361
14.3.2 TADANO LTD. 365
14.3.2.1 Business overview 365
14.3.2.2 Recent developments 367
14.3.3 TEREX CORPORATION 368
14.3.3.1 Business overview 368
14.3.3.2 Recent developments 372
14.3.4 LINAMAR 373
14.3.4.1 Business overview 373
14.3.4.2 Recent developments 375
14.3.5 MAGNI TELESCOPIC HANDLERS SRL 378
14.3.5.1 Business overview 378
14.3.5.2 Recent developments 378
14.4 OTHER KEY PLAYERS (LIFTING PLATFORMS) 380
14.4.1 HAULOTTE GROUP 380
14.4.2 AICHI CORPORATION 381
14.4.3 PALFINGER AG 382
14.4.4 IMER GROUP 383
14.4.5 SINOBOOM INTELLIGENT EQUIPMENT CO, LTD. 384
14.4.6 ALTEC INDUSTRIES 385
14.4.7 J C BAMFORD EXCAVATORS LTD. 386
14.4.8 NOBLELIFT INTELLIGENT EQUIPMENT CO., LTD. 387
14.4.9 BRONTO SKYLIFT 388
14.4.10 DINOLIFT OY 390
15 RESEARCH METHODOLOGY 391
15.1 RESEARCH DATA 391
15.1.1 SECONDARY DATA 392
15.1.1.1 List of secondary sources 392
15.1.1.2 Key data from secondary sources 393
15.1.2 PRIMARY DATA 394
15.1.2.1 Primary interviewees from demand and supply sides 394
15.1.2.2 Key primary insights 394
15.1.2.3 Breakdown of primary interviews 395
15.1.2.4 List of primary participants 395
15.2 MARKET SIZE ESTIMATION 396
15.2.1 BOTTOM-UP APPROACH 397
15.2.2 TOP-DOWN APPROACH 398
15.3 DATA TRIANGULATION 399
15.4 FACTOR ANALYSIS 400
15.5 RESEARCH ASSUMPTIONS 402
15.6 RESEARCH LIMITATIONS 403
16 APPENDIX 404
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 404
16.2 DISCUSSION GUIDE 404
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 407
16.4 CUSTOMIZATION OPTIONS 409
16.4.1 BY CAPACITY, AT REGIONAL LEVEL, BY VEHICLE TYPE 409
16.4.2 BY DRIVE TYPE, AT REGIONAL LEVEL, BY VEHICLE TYPE 409
16.4.3 BY APPLICATION, AT GLOBAL LEVEL, BY VEHICLE TYPE 409
16.4.4 COMPANY INFORMATION 409
16.4.4.1 Profiling of additional market players (Up to 5) 409
16.5 RELATED REPORTS 409
16.6 AUTHOR DETAILS 410

LIST OF TABLES

TABLE 1 INDUSTRIAL VEHICLES MARKET DEFINITION, BY VEHICLE TYPE 35
TABLE 2 INDUSTRIAL VEHICLES MARKET DEFINITION, BY PROPULSION 35
TABLE 3 AERIAL WORK PLATFORM MARKET DEFINITION, BY TYPE 36
TABLE 4 CURRENCY EXCHANGE RATES, 2021–2025 38
TABLE 5 EQUIPMENT USED IN ENERGY-AS-A-SERVICE MODEL 55
TABLE 6 RENTAL SHIFT AND COMMODITIZATION IMPACT 58
TABLE 7 INDUSTRIAL VEHICLES MARKET: ROLE OF COMPANIES IN ECOSYSTEM 63
TABLE 8 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2023–2025 (USD) 65
TABLE 9 AVERAGE SELLING PRICE, BY REGION, 2025 66
TABLE 10 TCO COMPARISON BETWEEN EV AND ICE FORKLIFT MODELS IN US, 2025 67
TABLE 11 BILL OF MATERIALS: COMPARISON BETWEEN EVS AND ICE FORKLIFT
MODELS IN US, 2025 68
TABLE 12 KEY PATENTS, 2017–2025 78
TABLE 13 IMPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD MILLION) 87
TABLE 14 EXPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2024 (USD MILLION) 88
TABLE 15 SAFETY STANDARDS FOR AGVS 90
TABLE 16 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 17 KEY CONFERENCES & EVENTS, 2025–2026 92
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR VEHICLE TYPES (%) 93
TABLE 19 KEY BUYING CRITERIA FOR VEHICLE TYPES 94
TABLE 20 AERIAL WORK PLATFORM MARKET, BY TYPE, 2022–2025 (UNITS) 103
TABLE 21 AERIAL WORK PLATFORM MARKET, BY TYPE, 2026–2030 (UNITS) 103
TABLE 22 AERIAL WORK PLATFORM MARKET, BY TYPE, 2031–2035 (UNITS) 103
TABLE 23 AERIAL WORK PLATFORM MARKET, BY TYPE, 2022–2025 (USD MILLION) 104
TABLE 24 AERIAL WORK PLATFORM MARKET, BY TYPE, 2026–2030 (USD MILLION) 104
TABLE 25 AERIAL WORK PLATFORM MARKET, BY TYPE, 2031–2035 (USD MILLION) 104
TABLE 26 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2022–2025 (UNITS) 104
TABLE 27 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2026–2030 (UNITS) 104
TABLE 28 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2031–2035 (UNITS) 105
TABLE 29 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2022–2025 (USD MILLION) 105
TABLE 30 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2026–2030 (USD MILLION) 105
TABLE 31 AERIAL WORK PLATFORM MARKET, BY PROPULSION, 2031–2035 (USD MILLION) 105
TABLE 32 AERIAL LIFT PLATFORMS OFFERED BY COMPANIES 106
TABLE 33 BOOM LIFTS MARKET, BY REGION, 2022–2025 (UNITS) 108
TABLE 34 BOOM LIFTS MARKET, BY REGION, 2026–2030 (UNITS) 108
TABLE 35 BOOM LIFTS MARKET, BY REGION, 2031–2035 (UNITS) 108
TABLE 36 BOOM LIFTS MARKET, BY REGION, 2022–2025 (USD MILLION) 109
TABLE 37 BOOM LIFTS MARKET, BY REGION, 2026–2030 (USD MILLION) 109
TABLE 38 BOOM LIFTS MARKET, BY REGION, 2031–2035 (USD MILLION) 109
TABLE 39 BOOM LIFTS MARKET, BY PROPULSION, 2022–2025 (UNITS) 109
TABLE 40 BOOM LIFTS MARKET, BY PROPULSION, 2026–2030 (UNITS) 110
TABLE 41 BOOM LIFTS MARKET, BY PROPULSION, 2031–2035 (UNITS) 110
TABLE 42 BOOM LIFTS MARKET, BY PROPULSION, 2022–2025 (USD MILLION) 110
TABLE 43 BOOM LIFTS MARKET, BY PROPULSION, 2026–2030 (USD MILLION) 110
TABLE 44 BOOM LIFTS MARKET, BY PROPULSION, 2031–2035 (USD MILLION) 110
TABLE 45 SCISSOR LIFTS MARKET, BY REGION, 2022–2025 (UNITS) 111
TABLE 46 SCISSOR LIFTS MARKET, BY REGION, 2026–2030 (UNITS) 112
TABLE 47 SCISSOR LIFTS MARKET, BY REGION, 2031–2035 (UNITS) 112
TABLE 48 SCISSOR LIFTS MARKET, BY REGION, 2022–2025 (USD MILLION) 112
TABLE 49 SCISSOR LIFTS MARKET, BY REGION, 2026–2030 (USD MILLION) 112
TABLE 50 SCISSOR LIFTS MARKET, BY REGION, 2031–2035 (USD MILLION) 113
TABLE 51 SCISSOR LIFTS MARKET, BY PROPULSION, 2022–2025 (USD MILLION) 113
TABLE 52 SCISSOR LIFTS MARKET, BY PROPULSION, 2026–2030 (USD MILLION) 113
TABLE 53 SCISSOR LIFTS MARKET, BY PROPULSION, 2031–2035 (USD MILLION) 113
TABLE 54 SCISSOR LIFTS MARKET, BY PROPULSION, 2022–2025 (UNITS) 114
TABLE 55 SCISSOR LIFTS MARKET, BY PROPULSION, 2026–2030 (UNITS) 114
TABLE 56 SCISSOR LIFTS MARKET, BY PROPULSION, 2031–2035 (UNITS) 114
TABLE 57 INDUSTRIAL VEHICLE MOTORS MARKET, BY MOTOR TYPE,
2022–2025 (THOUSAND UNITS) 118
TABLE 58 INDUSTRIAL VEHICLE MOTORS MARKET, BY MOTOR TYPE,
2026–2030 (THOUSAND UNITS) 118
TABLE 59 INDUSTRIAL VEHICLES MOTORS MARKET, BY MOTOR TYPE,
2031–2035 (THOUSAND UNITS) 119
TABLE 60 INDUSTRIAL VEHICLE MODELS EQUIPPED WITH TRACTION MOTORS, BY OEM 120
TABLE 61 TRACTION MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 122
TABLE 62 TRACTION MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 122
TABLE 63 TRACTION MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 122
TABLE 64 TRACTION MOTORS MARKET, BY POWER OUTPUT, 2022–2025 (THOUSAND UNITS) 123
TABLE 65 TRACTION MOTORS MARKET, BY POWER OUTPUT, 2026–2030 (THOUSAND UNITS) 123
TABLE 66 TRACTION MOTORS MARKET, BY POWER OUTPUT, 2031–2035 (THOUSAND UNITS) 123
TABLE 67 ≤ 5 KW: TRACTION MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 124
TABLE 68 ≤ 5 KW: TRACTION MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 124
TABLE 69 ≤ 5 KW: TRACTION MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 124
TABLE 70 > 5 KW: TRACTION MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 125
TABLE 71 > 5 KW: TRACTION MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 125
TABLE 72 > 5 KW: TRACTION MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 126
TABLE 73 TRACTION MOTORS MARKET, BY POWER SOURCE, 2022–2025
(THOUSAND UNITS) 126
TABLE 74 TRACTION MOTORS MARKET, BY POWER SOURCE, 2026–2030
(THOUSAND UNITS) 126
TABLE 75 TRACTION MOTORS MARKET, BY POWER SOURCE, 2031–2035
(THOUSAND UNITS) 126
TABLE 76 AC: TRACTION MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 127
TABLE 77 AC: TRACTION MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 127
TABLE 78 AC: TRACTION MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 128
TABLE 79 DC: TRACTION MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 128
TABLE 80 DC: TRACTION MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 129
TABLE 81 DC: TRACTION MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 129
TABLE 82 INDUSTRIAL VEHICLES EQUIPPED WITH HYDRAULIC MOTORS, BY OEM 130
TABLE 83 HYDRAULIC MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 131
TABLE 84 HYDRAULIC MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 132
TABLE 85 HYDRAULIC MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 132
TABLE 86 HYDRAULIC MOTORS MARKET, BY POWER OUTPUT, 2022–2025
(THOUSAND UNITS) 132
TABLE 87 HYDRAULIC MOTORS MARKET, BY POWER OUTPUT, 2026–2030
(THOUSAND UNITS) 133
TABLE 88 HYDRAULIC MOTORS MARKET, BY POWER OUTPUT, 2031–2035
(THOUSAND UNITS) 133
TABLE 89 ≤ 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 134
TABLE 90 ≤ 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 134
TABLE 91 ≤ 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 134
TABLE 92 > 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 135
TABLE 93 > 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 135
TABLE 94 > 5 KW: HYDRAULIC MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 135
TABLE 95 HYDRAULIC MOTORS MARKET, BY POWER SOURCE, 2022–2025
(THOUSAND UNITS) 136
TABLE 96 HYDRAULIC MOTORS MARKET, BY POWER SOURCE, 2026–2030
(THOUSAND UNITS) 136
TABLE 97 HYDRAULIC MOTORS MARKET, BY POWER SOURCE, 2031–2035
(THOUSAND UNITS) 136
TABLE 98 AC: HYDRAULIC MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 137
TABLE 99 AC: HYDRAULIC MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 137
TABLE 100 AC: HYDRAULIC MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 137
TABLE 101 DC: HYDRAULIC MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 138
TABLE 102 DC: HYDRAULIC MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 138
TABLE 103 DC: HYDRAULIC MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 139
TABLE 104 INDUSTRIAL VEHICLES EQUIPPED WITH POWER STEERING MOTORS, BY OEM 139
TABLE 105 POWER STEERING MOTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 140
TABLE 106 POWER STEERING MOTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 140
TABLE 107 POWER STEERING MOTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 140
TABLE 108 POWER STEERING MOTORS MARKET, BY POWER OUTPUT,
2022–2025 (THOUSAND UNITS) 141
TABLE 109 POWER STEERING MOTORS MARKET, BY POWER OUTPUT,
2026–2030 (THOUSAND UNITS) 141
TABLE 110 POWER STEERING MOTORS MARKET, BY POWER OUTPUT,
2031–2035 (THOUSAND UNITS) 141
TABLE 111 ≤ 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2022–2025 (THOUSAND UNITS) 142
TABLE 112 ≤ 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2026–2030 (THOUSAND UNITS) 142
TABLE 113 ≤ 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2031–2035 (THOUSAND UNITS) 142
TABLE 114 > 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2022–2025 (THOUSAND UNITS) 143
TABLE 115 > 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2026–2030 (THOUSAND UNITS) 143
TABLE 116 > 5 KW: POWER STEERING MOTORS MARKET, BY REGION,
2031–2035 (THOUSAND UNITS) 143
TABLE 117 POWER STEERING MOTORS MARKET, BY POWER SOURCE,
2022–2025 (THOUSAND UNITS) 144
TABLE 118 POWER STEERING MOTORS MARKET, BY POWER SOURCE,
2026–2030 (THOUSAND UNITS) 144
TABLE 119 POWER STEERING MOTORS MARKET, BY POWER SOURCE,
2031–2035 (THOUSAND UNITS) 144
TABLE 120 AC: POWER STEERING MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 145
TABLE 121 AC: POWER STEERING MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 145
TABLE 122 AC: POWER STEERING MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 145
TABLE 123 DC: POWER STEERING MOTORS MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 146
TABLE 124 DC: POWER STEERING MOTORS MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 146
TABLE 125 DC: POWER STEERING MOTORS MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 146
TABLE 126 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(THOUSAND UNITS) 150
TABLE 127 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(THOUSAND UNITS) 150
TABLE 128 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(THOUSAND UNITS) 150
TABLE 129 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (USD MILLION) 150
TABLE 130 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (USD MILLION) 151
TABLE 131 INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION) 151
TABLE 132 INDUSTRIAL VEHICLE MODELS OFFERED BY OEMS 151
TABLE 133 FORKLIFTS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 154
TABLE 134 FORKLIFTS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 154
TABLE 135 FORKLIFTS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 154
TABLE 136 FORKLIFTS MARKET, BY REGION, 2022–2025 (USD MILLION) 154
TABLE 137 FORKLIFTS MARKET, BY REGION, 2026–2030 (USD MILLION) 155
TABLE 138 FORKLIFTS MARKET, BY REGION, 2031–2035 (USD MILLION) 155
TABLE 139 FORKLIFTS MARKET, BY CAPACITY, 2022–2025 (THOUSAND UNITS) 155
TABLE 140 FORKLIFTS MARKET, BY CAPACITY, 2026–2030 (THOUSAND UNITS) 156
TABLE 141 FORKLIFTS MARKET, BY CAPACITY, 2031–2035 (THOUSAND UNITS) 156
TABLE 142 FORKLIFTS MARKET, BY CAPACITY, 2022–2025 (USD MILLION) 156
TABLE 143 FORKLIFTS MARKET, BY CAPACITY, 2026–2030 (USD MILLION) 156
TABLE 144 FORKLIFTS MARKET, BY CAPACITY, 2031–2035 (USD MILLION) 157
TABLE 145 AISLE TRUCKS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 159
TABLE 146 AISLE TRUCKS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 159
TABLE 147 AISLE TRUCKS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 159
TABLE 148 AISLE TRUCKS MARKET, BY REGION, 2022–2025 (USD MILLION) 159
TABLE 149 AISLE TRUCKS MARKET, BY REGION, 2026–2030 (USD MILLION) 160
TABLE 150 AISLE TRUCKS MARKET, BY REGION, 2031–2035 (USD MILLION) 160
TABLE 151 AISLE TRUCKS MARKET, BY CAPACITY, 2022–2025 (THOUSAND UNITS) 160
TABLE 152 AISLE TRUCKS MARKET, BY CAPACITY, 2026–2030 (THOUSAND UNITS) 161
TABLE 153 AISLE TRUCKS MARKET, BY CAPACITY, 2031–2035 (THOUSAND UNITS) 161
TABLE 154 AISLE TRUCKS MARKET, BY CAPACITY, 2022–2025 (USD MILLION) 161
TABLE 155 AISLE TRUCKS MARKET, BY CAPACITY, 2026–2030 (USD MILLION) 161
TABLE 156 AISLE TRUCKS MARKET, BY CAPACITY, 2031–2035 (USD MILLION) 162
TABLE 157 TOW TRACTORS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 163
TABLE 158 TOW TRACTORS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 163
TABLE 159 TOW TRACTORS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 163
TABLE 160 TOW TRACTORS MARKET, BY REGION, 2022–2025 (USD MILLION) 164
TABLE 161 TOW TRACTORS MARKET, BY REGION, 2026–2030 (USD MILLION) 164
TABLE 162 TOW TRACTORS MARKET, BY REGION, 2031–2035 (USD MILLION) 164
TABLE 163 TOW TRACTORS MARKET, BY CAPACITY, 2022–2025 (THOUSAND UNITS) 165
TABLE 164 TOW TRACTORS MARKET, BY CAPACITY, 2026–2030 (THOUSAND UNITS) 165
TABLE 165 TOW TRACTORS MARKET, BY CAPACITY, 2031–2035 (THOUSAND UNITS) 165
TABLE 166 TOW TRACTORS MARKET, BY CAPACITY, 2022–2025 (USD MILLION) 165
TABLE 167 TOW TRACTORS MARKET, BY CAPACITY, 2026–2030 (USD MILLION) 166
TABLE 168 TOW TRACTORS MARKET, BY CAPACITY, 2031–2035 (USD MILLION) 166
TABLE 169 CONTAINER HANDLERS MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 168
TABLE 170 CONTAINER HANDLERS MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 168
TABLE 171 CONTAINER HANDLERS MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 168
TABLE 172 CONTAINER HANDLERS MARKET, BY REGION, 2022–2025 (USD MILLION) 168
TABLE 173 CONTAINER HANDLERS MARKET, BY REGION, 2026–2030 (USD MILLION) 169
TABLE 174 CONTAINER HANDLERS MARKET, BY REGION, 2031–2035 (USD MILLION) 169
TABLE 175 CONTAINER HANDLERS MARKET, BY CAPACITY, 2022–2025 (THOUSAND UNITS) 169
TABLE 176 CONTAINER HANDLERS MARKET, BY CAPACITY, 2026–2030 (THOUSAND UNITS) 170
TABLE 177 CONTAINER HANDLERS MARKET, BY CAPACITY, 2031–2035 (THOUSAND UNITS) 170
TABLE 178 CONTAINER HANDLERS MARKET, BY CAPACITY, 2022–2025 (USD MILLION) 170
TABLE 179 CONTAINER HANDLERS MARKET, BY CAPACITY, 2026–2030 (USD MILLION) 170
TABLE 180 CONTAINER HANDLERS MARKET, BY CAPACITY, 2031–2035 (USD MILLION) 171
TABLE 181 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2022–2025 (THOUSAND UNITS) 176
TABLE 182 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2026–2030 (THOUSAND UNITS) 177
TABLE 183 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2031–2035 (THOUSAND UNITS) 177
TABLE 184 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2022–2025 (USD MILLION) 177
TABLE 185 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2026–2030 (USD MILLION) 178
TABLE 186 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2031–2035 (USD MILLION) 178
TABLE 187 INDUSTRIAL VEHICLES AND THEIR APPLICATIONS 178
TABLE 188 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 179
TABLE 189 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 180
TABLE 190 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 180
TABLE 191 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025
(USD MILLION) 180
TABLE 192 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030
(USD MILLION) 181
TABLE 193 MANUFACTURING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035
(USD MILLION) 181
TABLE 194 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 185
TABLE 195 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 186
TABLE 196 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 186
TABLE 197 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025
(USD MILLION) 186
TABLE 198 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030
(USD MILLION) 187
TABLE 199 WAREHOUSING: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035
(USD MILLION) 187
TABLE 200 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 188
TABLE 201 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 188
TABLE 202 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 189
TABLE 203 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (USD MILLION) 189
TABLE 204 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (USD MILLION) 189
TABLE 205 FREIGHT & LOGISTICS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (USD MILLION) 190
TABLE 206 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025
(THOUSAND UNITS) 191
TABLE 207 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030
(THOUSAND UNITS) 191
TABLE 208 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035
(THOUSAND UNITS) 191
TABLE 209 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (USD MILLION) 191
TABLE 210 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (USD MILLION) 192
TABLE 211 OTHERS: INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (USD MILLION) 192
TABLE 212 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2022–2025 (THOUSAND UNITS) 199
TABLE 213 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2026–2030 (THOUSAND UNITS) 199
TABLE 214 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2031–2035 (THOUSAND UNITS) 200
TABLE 215 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2022–2025 (USD MILLION) 200
TABLE 216 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2026–2030 (USD MILLION) 200
TABLE 217 INDUSTRIAL VEHICLES MARKET, BY PROPULSION, 2031–2035 (USD MILLION) 200
TABLE 218 INDUSTRIAL VEHICLES OFFERED BY COMPANIES, BY PROPULSION 201
TABLE 219 ICE INDUSTRIAL VEHICLES: EMISSION STANDARDS 202
TABLE 220 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(THOUSAND UNITS) 202
TABLE 221 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(THOUSAND UNITS) 202
TABLE 222 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(THOUSAND UNITS) 203
TABLE 223 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 203
TABLE 224 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 203
TABLE 225 ICE INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 204
TABLE 226 INTERNAL COMBUSTION ENGINES VS. ELECTRIC ENGINES 205
TABLE 227 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2022–2025 (THOUSAND UNITS) 206
TABLE 228 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2026–2030 (THOUSAND UNITS) 206
TABLE 229 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2031–2035 (THOUSAND UNITS) 206
TABLE 230 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2022–2025 (USD MILLION) 207
TABLE 231 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2026–2030 (USD MILLION) 207
TABLE 232 BATTERY-OPERATED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2031–2035 (USD MILLION) 207
TABLE 233 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 208
TABLE 234 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 208
TABLE 235 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 209
TABLE 236 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (USD MILLION) 209
TABLE 237 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (USD MILLION) 209
TABLE 238 GAS-POWERED INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION) 209
TABLE 239 INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (THOUSAND UNITS) 212
TABLE 240 INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (THOUSAND UNITS) 213
TABLE 241 INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (THOUSAND UNITS) 213
TABLE 242 INDUSTRIAL VEHICLES MARKET, BY REGION, 2022–2025 (USD MILLION) 213
TABLE 243 INDUSTRIAL VEHICLES MARKET, BY REGION, 2026–2030 (USD MILLION) 213
TABLE 244 INDUSTRIAL VEHICLES MARKET, BY REGION, 2031–2035 (USD MILLION) 214
TABLE 245 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025 (THOUSAND UNITS) 215
TABLE 246 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030 (THOUSAND UNITS) 216
TABLE 247 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035 (THOUSAND UNITS) 216
TABLE 248 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025
(USD MILLION) 216
TABLE 249 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030
(USD MILLION) 217
TABLE 250 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035
(USD MILLION) 217
TABLE 251 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 218
TABLE 252 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 218
TABLE 253 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 218
TABLE 254 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 219
TABLE 255 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 219
TABLE 256 CHINA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 219
TABLE 257 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 220
TABLE 258 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 220
TABLE 259 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 221
TABLE 260 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 221
TABLE 261 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 221
TABLE 262 INDIA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 221
TABLE 263 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 222
TABLE 264 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 223
TABLE 265 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 223
TABLE 266 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 223
TABLE 267 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 224
TABLE 268 JAPAN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 224
TABLE 269 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (USD MILLION) 225
TABLE 270 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (USD MILLION) 225
TABLE 271 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION) 225
TABLE 272 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 226
TABLE 273 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 226
TABLE 274 SOUTH KOREA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 226
TABLE 275 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2022–2025 (USD MILLION) 227
TABLE 276 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2026–2030 (USD MILLION) 227
TABLE 277 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2031–2035 (USD MILLION) 228
TABLE 278 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2022–2025 (THOUSAND UNITS) 228
TABLE 279 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2026–2030 (THOUSAND UNITS) 228
TABLE 280 REST OF ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE,
2031–2035 (THOUSAND UNITS) 229
TABLE 281 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025
(THOUSAND UNITS) 230
TABLE 282 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030
(THOUSAND UNITS) 231
TABLE 283 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035
(THOUSAND UNITS) 231
TABLE 284 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025
(USD MILLION) 231
TABLE 285 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030
(USD MILLION) 232
TABLE 286 EUROPE: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035
(USD MILLION) 232
TABLE 287 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 233
TABLE 288 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 233
TABLE 289 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 233
TABLE 290 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 234
TABLE 291 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 234
TABLE 292 GERMANY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 234
TABLE 293 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(THOUSAND UNITS) 235
TABLE 294 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(THOUSAND UNITS) 235
TABLE 295 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(THOUSAND UNITS) 235
TABLE 296 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 236
TABLE 297 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 236
TABLE 298 UK: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 236
TABLE 299 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 237
TABLE 300 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 237
TABLE 301 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 238
TABLE 302 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 238
TABLE 303 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 238
TABLE 304 FRANCE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 238
TABLE 305 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 239
TABLE 306 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 239
TABLE 307 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 240
TABLE 308 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 240
TABLE 309 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 240
TABLE 310 ITALY: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 240
TABLE 311 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 241
TABLE 312 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 241
TABLE 313 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 242
TABLE 314 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 242
TABLE 315 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 242
TABLE 316 SPAIN: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 242
TABLE 317 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 243
TABLE 318 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 243
TABLE 319 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 244
TABLE 320 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (USD MILLION) 244
TABLE 321 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (USD MILLION) 244
TABLE 322 REST OF EUROPE: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION) 245
TABLE 323 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025 (THOUSAND UNITS) 246
TABLE 324 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030 (THOUSAND UNITS) 246
TABLE 325 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035 (THOUSAND UNITS) 247
TABLE 326 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025 (USD MILLION) 247
TABLE 327 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030 (USD MILLION) 247
TABLE 328 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035 (USD MILLION) 247
TABLE 329 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(THOUSAND UNITS) 248
TABLE 330 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(THOUSAND UNITS) 249
TABLE 331 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(THOUSAND UNITS) 249
TABLE 332 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 249
TABLE 333 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 249
TABLE 334 US: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 250
TABLE 335 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 251
TABLE 336 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 251
TABLE 337 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 251
TABLE 338 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 252
TABLE 339 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 252
TABLE 340 MEXICO: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 252
TABLE 341 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 253
TABLE 342 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 253
TABLE 343 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 254
TABLE 344 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 254
TABLE 345 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 254
TABLE 346 CANADA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 254
TABLE 347 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025 (THOUSAND UNITS) 256
TABLE 348 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030 (THOUSAND UNITS) 256
TABLE 349 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035 (THOUSAND UNITS) 256
TABLE 350 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2022–2025 (USD MILLION) 256
TABLE 351 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2026–2030 (USD MILLION) 257
TABLE 352 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET, BY COUNTRY, 2031–2035 (USD MILLION) 257
TABLE 353 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 258
TABLE 354 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 258
TABLE 355 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 258
TABLE 356 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 259
TABLE 357 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 259
TABLE 358 BRAZIL: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 259
TABLE 359 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 260
TABLE 360 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 260
TABLE 361 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 261
TABLE 362 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (USD MILLION) 261
TABLE 363 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (USD MILLION) 261
TABLE 364 SOUTH AFRICA: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION) 262
TABLE 365 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025 (THOUSAND UNITS) 262
TABLE 366 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030 (THOUSAND UNITS) 263
TABLE 367 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035 (THOUSAND UNITS) 263
TABLE 368 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2022–2025
(USD MILLION) 263
TABLE 369 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2026–2030
(USD MILLION) 263
TABLE 370 OTHERS: INDUSTRIAL VEHICLES MARKET, BY VEHICLE TYPE, 2031–2035
(USD MILLION) 264
TABLE 371 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2025 265
TABLE 372 MARKET SHARE ANALYSIS, 2025 267
TABLE 373 INDUSTRIAL VEHICLES MARKET: REGION FOOTPRINT, 2025 276
TABLE 374 PROPULSION FOOTPRINT, 2025 276
TABLE 375 VEHICLE TYPE FOOTPRINT, 2025 277
TABLE 376 APPLICATION FOOTPRINT, 2025 278
TABLE 377 INDUSTRIAL VEHICLES MARKET: DETAILED LIST OF KEY STARTUPS/SMES 281
TABLE 378 INDUSTRIAL VEHICLES MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (STARTUPS/SMES) 282
TABLE 379 AERIAL WORK PLATFORM MARKET: REGION FOOTPRINT, 2025 287
TABLE 380 TYPE FOOTPRINT, 2025 288
TABLE 381 INDUSTRIAL VEHICLES MARKET: PRODUCT LAUNCHES, JANUARY 2021–
FEBRUARY 2026 289
TABLE 382 INDUSTRIAL VEHICLES MARKET: DEALS, JANUARY 2021–FEBRUARY 2026 292
TABLE 383 INDUSTRIAL VEHICLES MARKET: EXPANSION, JANUARY 2021–FEBRUARY 2026 294
TABLE 384 INDUSTRIAL VEHICLES MARKET: OTHER DEVELOPMENTS, JANUARY 2021–FEBRUARY 2026 295
TABLE 385 TOYOTA INDUSTRIES CORPORATION: COMPANY OVERVIEW 296
TABLE 386 TOYOTA INDUSTRIES CORPORATION: PRODUCTS OFFERED 298
TABLE 387 TOYOTA INDUSTRIES CORPORATION: PRODUCT LAUNCHES 299
TABLE 388 TOYOTA INDUSTRIES CORPORATION: DEALS 300
TABLE 389 KION GROUP AG: COMPANY OVERVIEW 302
TABLE 390 KION GROUP AG: PRODUCTS OFFERED 303
TABLE 391 KION GROUP AG: PRODUCT LAUNCHES 304
TABLE 392 KION GROUP AG: DEALS 304
TABLE 393 KION GROUP AG: EXPANSION 305
TABLE 394 MITSUBISHI LOGISNEXT CO., LTD.: COMPANY OVERVIEW 307
TABLE 395 MITSUBISHI LOGISNEXT CO., LTD.: PRODUCTS OFFERED 308
TABLE 396 MITSUBISHI LOGISNEXT CO., LTD.: PRODUCT LAUNCHES 309
TABLE 397 MITSUBISHI LOGISNEXT CO., LTD.: DEALS 310
TABLE 398 MITSUBISHI LOGISNEXT CO., LTD.: EXPANSION 311
TABLE 399 MITSUBISHI LOGISNEXT CO., LTD.: OTHER DEVELOPMENTS 311
TABLE 400 JUNGHEINRICH AG: COMPANY OVERVIEW 313
TABLE 401 JUNGHEINRICH AG: PRODUCTS OFFERED 314
TABLE 402 JUNGHEINRICH AG: PRODUCT LAUNCHES 315
TABLE 403 JUNGHEINRICH AG: DEALS 315
TABLE 404 JUNGHEINRICH AG: EXPANSION 316
TABLE 405 CROWN EQUIPMENT CORPORATION: COMPANY OVERVIEW 318
TABLE 406 CROWN EQUIPMENT CORPORATION: PRODUCTS OFFERED 318
TABLE 407 CROWN EQUIPMENT CORPORATION: PRODUCT LAUNCHES 319
TABLE 408 CROWN EQUIPMENT CORPORATION: EXPANSION 320
TABLE 409 HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY OVERVIEW 322
TABLE 410 HYSTER-YALE MATERIALS HANDLING, INC.: PRODUCTS OFFERED 323
TABLE 411 HYSTER-YALE MATERIALS HANDLING, INC.: PRODUCT LAUNCHES 324
TABLE 412 HYSTER-YALE MATERIALS HANDLING, INC.: DEALS 325
TABLE 413 HYSTER-YALE MATERIALS HANDLING, INC.: OTHER DEVELOPMENTS 325
TABLE 414 HYSTER-YALE MATERIALS HANDLING, INC.: EXPANSION 325
TABLE 415 HANGCHA GROUP CO., LTD.: COMPANY OVERVIEW 326
TABLE 416 HANGCHA GROUP CO., LTD.: PRODUCTS OFFERED 326
TABLE 417 HANGCHA GROUP CO., LTD.: PRODUCT LAUNCHES 327
TABLE 418 HANGCHA GROUP CO., LTD.: DEALS 327
TABLE 419 HANGCHA GROUP CO., LTD.: EXPANSION 328
TABLE 420 CLARK: COMPANY OVERVIEW 329
TABLE 421 CLARK: PRODUCTS OFFERED 330
TABLE 422 CLARK: PRODUCT LAUNCHES 330
TABLE 423 CLARK: EXPANSION 331
TABLE 424 ANHUI HELI CO. LTD.: COMPANY OVERVIEW 332
TABLE 425 ANHUI HELI CO. LTD.: PRODUCTS OFFERED 333
TABLE 426 ANHUI HELI CO. LTD.: PRODUCT LAUNCHES 333
TABLE 427 ANHUI HELI CO. LTD.: DEALS 334
TABLE 428 ANHUI HELI CO. LTD.: OTHER DEVELOPMENTS 334
TABLE 429 KONECRANES: COMPANY OVERVIEW 335
TABLE 430 KONECRANES: PRODUCTS OFFERED 336
TABLE 431 KONECRANES: PRODUCT LAUNCHES 337
TABLE 432 KONECRANES: OTHER DEVELOPMENTS 337
TABLE 433 EP EQUIPMENT: COMPANY OVERVIEW 338
TABLE 434 EP EQUIPMENT: PRODUCTS OFFERED 339
TABLE 435 EP EQUIPMENT: PRODUCT LAUNCHES 339
TABLE 436 EP EQUIPMENT: EXPANSION 339
TABLE 437 KOMATSU: COMPANY OVERVIEW 340
TABLE 438 DOOSAN BOBCAT: COMPANY OVERVIEW 341
TABLE 439 MANITOU GROUP: COMPANY OVERVIEW 342
TABLE 440 CARGOTEC: COMPANY OVERVIEW 343
TABLE 441 ACTION CONSTRUCTION EQUIPMENT LTD.: COMPANY OVERVIEW 344
TABLE 442 HYUNDAI CONSTRUCTION EQUIPMENT INDIA PVT. LTD.: COMPANY OVERVIEW 345
TABLE 443 V. MARIOTTI SRL: COMPANY OVERVIEW 346
TABLE 444 COMBILIFT: COMPANY OVERVIEW 347
TABLE 445 DAIFUKU: COMPANY OVERVIEW 348
TABLE 446 JBT: COMPANY OVERVIEW 349
TABLE 447 LONKING MACHINERY CO., LTD.: COMPANY OVERVIEW 350
TABLE 448 HUBTEX MASCHINENBAU GMBH & CO. KG: COMPANY OVERVIEW 351
TABLE 449 GODREJ & BOYCE: COMPANY OVERVIEW 352
TABLE 450 SVETUCK AB: COMPANY OVERVIEW 353
TABLE 451 STOCKLIN LOGISTIK AG: COMPANY OVERVIEW 354
TABLE 452 O.M.G. SRL: COMPANY OVERVIEW 355
TABLE 453 PALETRANS FORKLIFTS: COMPANY OVERVIEW 356
TABLE 454 GENKINGER GMBH: COMPANY OVERVIEW 356
TABLE 455 FLEXI TRUCKS: COMPANY OVERVIEW 357
TABLE 456 AGILOX SERVICES GMBH: COMPANY OVERVIEW 358
TABLE 457 JLG INDUSTRIES, INC.: COMPANY OVERVIEW 359
TABLE 458 JLG INDUSTRIES, INC.: MAJOR CENTERS 360
TABLE 459 JLG INDUSTRIES, INC.: PRODUCTS OFFERED 361
TABLE 460 JLG INDUSTRIES, INC.: PRODUCT LAUNCHES 361
TABLE 461 JLG INDUSTRIES, INC.: DEALS 363
TABLE 462 JLG INDUSTRIES, INC.: EXPANSION 363
TABLE 463 JLG INDUSTRIES, INC.: OTHER DEVELOPMENTS 364
TABLE 464 TADANO LTD.: COMPANY OVERVIEW 365
TABLE 465 TADANO LTD.: PRODUCTS OFFERED 366
TABLE 466 TADANO LTD.: DEALS 367
TABLE 467 TADANO LTD.: EXPANSION 367
TABLE 468 TADANO LTD.: OTHER DEVELOPMENTS 367
TABLE 469 TEREX CORPORATION: COMPANY OVERVIEW 368
TABLE 470 TEREX CORPORATION: PRODUCTS OFFERED 370
TABLE 471 TEREX CORPORATION: PATENTS ISSUED 371
TABLE 472 TEREX CORPORATION: PRODUCT LAUNCHES 372
TABLE 473 TEREX CORPORATION: EXPANSION 372
TABLE 474 LINAMAR: COMPANY OVERVIEW 373
TABLE 475 LINAMAR: MANUFACTURING FACILITIES, BY COUNTRY 374
TABLE 476 LINAMAR: PRODUCTS OFFERED 375
TABLE 477 LINAMAR CORPORATION: PRODUCT LAUNCHES 375
TABLE 478 LINAMAR CORPORATION: DEALS 376
TABLE 479 LINAMAR CORPORATION: EXPANSION 377
TABLE 480 MAGNI TELESCOPIC HANDLERS SRL: COMPANY OVERVIEW 378
TABLE 481 MAGNI TELESCOPIC HANDLERS SRL: PRODUCTS OFFERED 378
TABLE 482 MAGNI TELESCOPIC HANDLERS SRL: PRODUCT LAUNCHES 378
TABLE 483 MAGNI TELESCOPIC HANDLERS SRL: DEALS 379
TABLE 484 MAGNI TELESCOPIC HANDLERS SRL: EXPANSION 379
TABLE 485 HAULOTTE GROUP: COMPANY OVERVIEW 380
TABLE 486 AICHI CORPORATION: COMPANY OVERVIEW 381
TABLE 487 PALFINGER AG: COMPANY OVERVIEW 382
TABLE 488 IMER INTERNATIONAL SPA: COMPANY OVERVIEW 383
TABLE 489 SINOBOOM INTELLIGENT EQUIPMENT CO, LTD.: COMPANY OVERVIEW 384
TABLE 490 ALTEC INDUSTRIES: COMPANY OVERVIEW 385
TABLE 491 JC BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW 386
TABLE 492 NOBLELIFT INTELLIGENT EQUIPMENT CO., LTD.: COMPANY OVERVIEW 387
TABLE 493 BRONTO SKYLIFT: COMPANY OVERVIEW 388
TABLE 494 SNORKEL LIFTS: COMPANY OVERVIEW 389
TABLE 495 DINOLIFT OY: COMPANY OVERVIEW 390

LIST OF FIGURES

FIGURE 1 MARKET SCENARIO 40
FIGURE 2 GLOBAL AISLE TRUCKS MARKET, 2026–2035 41
FIGURE 3 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN INDUSTRIAL VEHICLES MARKET, 2022–2025 41
FIGURE 4 DISRUPTIONS INFLUENCING GROWTH OF INDUSTRIAL VEHICLES MARKET 42
FIGURE 5 HIGH-GROWTH SEGMENTS IN INDUSTRIAL VEHICLES MARKET, 2026–2035 43
FIGURE 6 ASIA PACIFIC TO REGISTER HIGHEST CAGR, BY VALUE, DURING FORECAST PERIOD 44
FIGURE 7 ADVANCEMENTS IN POWERTRAINS, LITHIUM-ION BATTERY SYSTEMS, AND TELEMATICS-ENABLED FLEET OPTIMIZATION TO DRIVE MARKET 45
FIGURE 8 ASIA PACIFIC TO DOMINATE GLOBAL INDUSTRIAL VEHICLES MARKET IN 2025 46
FIGURE 9 AISLE TRUCKS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 46
FIGURE 10 TRACTION MOTORS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 47
FIGURE 11 WAREHOUSING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 47
FIGURE 12 BATTERY-POWERED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 48
FIGURE 13 BOOM LIFTS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 48
FIGURE 14 INDUSTRIAL VEHICLES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 50
FIGURE 15 TOP TEN WAREHOUSING SOLUTION PROVIDERS, BY LAND AREA GLOBALLY, 2025 51
FIGURE 16 TEN TECHNOLOGIES USED FOR WAREHOUSE AUTOMATION 51
FIGURE 17 AGV AND AMR CHARACTERISTICS IN WAREHOUSE OPERATIONS 52
FIGURE 18 FACILITY LEVELS OF WALMART 53
FIGURE 19 VARIOUS SENSORS USED IN ADVANCED FORKLIFTS 56
FIGURE 20 EMISSION TIER SLABS FOR OFF-ROAD MOBILE MACHINERY AND FORKLIFTS 57
FIGURE 21 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 59
FIGURE 22 INDUSTRIAL VEHICLES MARKET ECOSYSTEM 63
FIGURE 23 AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE, 2023–2025 (USD) 65
FIGURE 24 AVERAGE SELLING PRICE, BY REGION & VEHICLE TYPE, 2025 (USD) 66
FIGURE 25 5-YEAR TCO BREAKDOWN: TOYOTA DIESEL VS. ELECTRIC FORKLIFTS 67
FIGURE 26 BILL OF MATERIALS: ICE VE. ELECTRIC FORKLIFTS, 2025 69
FIGURE 27 FORKLIFT BATTERY CAPACITY AND LIFTING CAPACITY 70
FIGURE 28 LIFTING CAPACITY AND BATTERY VOLTAGE 71
FIGURE 29 BATTERY VOLTAGE AND MARKET SIZE OF FORKLIFTS 72
FIGURE 30 VALUE CHAIN ANALYSIS 73
FIGURE 31 INVESTMENT & FUNDING SCENARIO, 2022–2024 76
FIGURE 32 PATENTS APPLIED AND GRANTED, 2014–2025 77
FIGURE 33 IOT-ENABLED WAREHOUSE AND LOGISTICS SYSTEMS 83
FIGURE 34 FEATURES OF AUTONOMOUS MOBILE ROBOTS (AMRS) 84
FIGURE 35 HYDROGEN FUEL CELLS VS. LEAD ACID BATTERIES 85
FIGURE 36 ADVANTAGES OF HYDROGEN FUEL CELLS 86
FIGURE 37 BENEFITS OF AI FOR FORKLIFTS IN WAREHOUSES 87
FIGURE 38 IMPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2025 (USD MILLION) 88
FIGURE 39 EXPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2025 (USD MILLION) 89
FIGURE 40 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR VEHICLE TYPES 93
FIGURE 41 KEY BUYING CRITERIA FOR VEHICLE TYPES 94
FIGURE 42 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 95
FIGURE 43 IMPACT OF AI/GEN AI ON INDUSTRIAL VEHICLES MARKET 96
FIGURE 44 BOOM LIFTS SEGMENT TO LEAD MARKET FROM 2026 TO 2035 103
FIGURE 45 MOTOR TYPES IN FORKLIFT SYSTEM 117
FIGURE 46 TRACTION MOTORS SEGMENT TO LEAD MARKET FROM 2026 TO 2035 118
FIGURE 47 AISLE TRUCKS SEGMENT TO DOMINATE MARKET FROM 2026 TO 2035 149
FIGURE 48 INDUSTRIAL VEHICLES MARKET, BY APPLICATION, 2026 VS. 2035 (USD MILLION) 176
FIGURE 49 CHINA: ONLINE RETAIL SALES, 2021–2025 (USD TRILLION) 185
FIGURE 50 FORKLIFT STATISTICS 195
FIGURE 51 COST BREAKDOWN FOR NON-AUTONOMOUS AND AUTONOMOUS FORKLIFTS 196
FIGURE 52 BATTERY-OPERATED SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 199
FIGURE 53 KEY BENEFITS OF ELECTRIC FORKLIFTS 205
FIGURE 54 INDUSTRIAL VEHICLES MARKET, BY REGION, 2026 VS. 2035 (USD MILLION) 212
FIGURE 55 ASIA PACIFIC: INDUSTRIAL VEHICLES MARKET SNAPSHOT 215
FIGURE 56 EUROPE: INDUSTRIAL VEHICLES MARKET SNAPSHOT 230
FIGURE 57 NORTH AMERICA: INDUSTRIAL VEHICLES MARKET SNAPSHOT 246
FIGURE 58 REST OF THE WORLD: INDUSTRIAL VEHICLES MARKET SNAPSHOT 255
FIGURE 59 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2025 268
FIGURE 60 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020–2024 (USD BILLION) 270
FIGURE 61 COMPANY VALUATION OF TOP LISTED/PUBLIC PLAYERS, 2026 (USD BILLION) 271
FIGURE 62 FINANCIAL METRICS OF TOP LISTED/PUBLIC PLAYERS, 2026 271
FIGURE 63 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN INDUSTRIAL VEHICLES MARKET, 2022—2025 272
FIGURE 64 INDUSTRIAL VEHICLES MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2025 274
FIGURE 65 INDUSTRIAL VEHICLES MARKET: COMPANY FOOTPRINT, 2025 275
FIGURE 66 INDUSTRIAL VEHICLES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2025 280
FIGURE 67 AERIAL WORK PLATFORM MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2025 285
FIGURE 68 AERIAL WORK PLATFORM MARKET: COMPANY FOOTPRINT, 2025 286
FIGURE 69 TOYOTA INDUSTRIES CORPORATION: COMPANY SNAPSHOT 297
FIGURE 70 SHARE OF TOYOTA MOTOR CORPORATION IN TOYOTA GROUP, 2025 297
FIGURE 71 KEY PRODUCTS OF TOYOTA INDUSTRIES CORPORATION 298
FIGURE 72 KION GROUP AG: COMPANY SNAPSHOT 303
FIGURE 73 MITSUBISHI LOGISNEXT CO., LTD.: COMPANY SNAPSHOT 308
FIGURE 74 JUNGHEINRICH AG: WORLDWIDE PRESENCE 313
FIGURE 75 JUNGHEINRICH AG: COMPANY SNAPSHOT 314
FIGURE 76 HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY SNAPSHOT 323
FIGURE 77 CLARK: COMPANY SNAPSHOT 329
FIGURE 78 ANHUI HELI CO., LTD.: COMPANY SNAPSHOT 332
FIGURE 79 KONECRANES: COMPANY SNAPSHOT 336
FIGURE 80 EP EQUIPMENT: COMPANY SNAPSHOT 338
FIGURE 81 JLG INDUSTRIES, INC.: COMPANY SNAPSHOT 359
FIGURE 82 TADANO LTD.: COMPANY SNAPSHOT 366
FIGURE 83 TEREX CORPORATION: BRANDS AND OFFERINGS 369
FIGURE 84 TEREX CORPORATION: COMPANY SNAPSHOT 370
FIGURE 85 LINAMAR: COMPANY SNAPSHOT 374
FIGURE 86 RESEARCH DESIGN 391
FIGURE 87 RESEARCH DESIGN MODEL 392
FIGURE 88 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 396
FIGURE 89 BOTTOM-UP APPROACH 397
FIGURE 90 TOP-DOWN APPROACH 398
FIGURE 91 DATA TRIANGULATION 399
FIGURE 92 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 401

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