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フォークリフト用バッテリー市場レポート：タイプ別、販売チャネル別、用途別、地域別、2024年～2032年

Forklift Battery Market Report by Type (Lithium-ion Battery, Lead-Acid Battery, and Others), Sales Channel (OEM, Aftermarket), Application (Warehouses, Manufacturing, Construction, Retail and Wholesale Stores, and Others), and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 139 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=146.99円
フォークリフト用バッテリー市場レポート：タイプ別、販売チャネル別、用途別、地域別、2024年～2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 139 Pages
納期: 2～3営業日
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  • 概要
  • 図表
  • 目次
概要

世界のフォークリフト用バッテリーの市場規模は2023年に49億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて4.9%の成長率（CAGR）を示し、2032年には77億米ドルに達すると予測しています。電動フォークリフト需要の増加、産業全体の成長、倉庫や配送センターの拡大、自律型フォークリフトやロボットマテリアルハンドリング機器の市場開拓と導入は、市場を推進している主な要因の一部です。

フォークリフト用バッテリーは、電動フォークリフトやその他の産業機器に電気エネルギーを供給するために使用される特殊な電源です。充電式バッテリーを動力源とするため、マテリアルハンドリング作業においてよりクリーンで環境に優しい選択肢となります。通常、鉛蓄電池、リチウムイオン電池、またはその他の先進技術で構成され、重量物運搬機械を効率的に操作するために必要な高電力を供給するように設計されています。これは倉庫、配送センター、製造工場、およびさまざまなマテリアルハンドリング環境で不可欠です。これはフォークリフトのシャーシ内に収納され、長時間のシフトでも連続運転ができるように、簡単に取り外して交換することができます。充電プロセスでは、バッテリーを適切な充電ステーションに接続し、次の作業のためにエネルギーを回復させる。

電動フォークリフトへの需要の高まりが世界市場を牽引しています。産業界が持続可能性と排出削減により重点を置くにつれて、電動フォークリフトの需要が増加しています。電動フォークリフトはバッテリーを動力源とするため、フォークリフト用バッテリーの需要を押し上げています。さらに、産業全体の成長、倉庫や配送センターの拡大は、フォークリフト、ひいてはフォークリフト用バッテリーの需要増加につながります。その上、環境規制と安全基準は、排出削減目標と安全ガイドラインを遵守するために、企業を電動フォークリフトと適切なバッテリーへの投資に駆り立てるかもしれないです。持続可能な実践と環境意識は、マテリアルハンドリングを含む様々な産業に影響を及ぼしています。フォークリフト用バッテリー・メーカーは、環境に優しいバッテリー生産、リサイクル・プログラム、バッテリー廃棄による環境への影響の最小化にますます力を注いでいます。自律型フォークリフトやロボット式マテリアルハンドリング機器の開発と導入も、フォークリフト用バッテリーの市場に影響を与えています。倉庫や物流センターで自動化が普及するにつれて、自律的な作業をサポートできる効率的で耐久性のあるバッテリーの需要が高まる可能性が高いです。

フォークリフト用バッテリーの市場動向／促進要因：

環境の持続可能性と厳しい排出規制

気候変動と大気汚染に対する懸念が高まるにつれて、産業界はより環境に優しい慣行を採用するよう強い圧力を受けています。マテリアルハンドリング業務で広く使用されているフォークリフトは、従来、化石燃料を動力源とする内燃エンジンに依存していました。そのため、これらのエンジンは二酸化炭素、窒素酸化物、粒子状物質といった有害な排出物を発生させる。これに対して、フォークリフト用バッテリーを使用して作動する電動フォークリフトへのシフトが著しいです。これらのバッテリーは使用中の排出がゼロであるため、環境への影響が緩和されます。政府や規制機関も、税額控除、リベート、有利な政策を通じて電気フォークリフトの採用を奨励しています。産業界が環境規制を遵守し、二酸化炭素排出量を削減するために、よりクリーンで持続可能なソリューションを求めているためです。

バッテリー技術とエネルギー効率の継続的進歩

電池化学の研究開発が進むにつれて、より新しく効率的な電池が導入されています。リチウムイオン・バッテリーは、従来の鉛バッテリーに比べてエネルギー密度が高く、寿命が長く、充電が速いため、人気を博しています。これらの進歩により、フォークリフト用バッテリーの性能と信頼性が大幅に改善され、頻繁な充電を必要とせずに、より長い期間運転できるようになりました。エネルギー効率の向上は、電動フォークリフトを利用する企業にとって、生産性の向上と運転コストの削減につながります。さらに、代替材料と新たなバッテリー技術に関する現在進行中の調査は、将来さらなる改善を約束し、電動フォークリフトのさらなる採用を支援し、それによってフォークリフト用バッテリーの需要を煽る。

eコマースの拡大と倉庫の近代化

先進的フォークリフト用バッテリーを動力源とする電動フォークリフトは、倉庫やフルフィルメント・センターにおける屋内マテリアルハンドリングの好ましい選択肢として出現しました。これらのバッテリーにより、電動フォークリフトは静かで排気ガスのない運転が可能になり、屋内環境に適しています。さらに、倉庫における自動化技術の採用が電動フォークリフトの需要をさらに押し上げています。自動誘導車（AGV）およびフォークリフトと統合された他のロボット・システムは、シームレスに機能するために信頼性が高く高性能のバッテリーを必要とします。フォークリフト用バッテリーは、倉庫で使用される電動リフトトラックに電力を供給するだけでなく、AGVやその他の自動化システムの運転をサポートする上で重要な役割を果たします。企業が倉庫業務の最適化、注文処理速度の向上、全体的な効率性の向上を目指す中、電動フォークリフトとそれに付随するバッテリーの需要は増加の一途をたどっており、フォークリフト用バッテリーの市場の成長を後押ししています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のフォークリフト用バッテリー市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：タイプ別

  • リチウムイオン電池
    • 市場動向
    • 市場予測
  • 鉛蓄電池
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳：販売チャネル別

  • メーカー
    • 市場動向
    • 市場予測
  • アフターマーケット
    • 市場動向
    • 市場予測

第8章 市場内訳：用途別

  • 倉庫
    • 市場動向
    • 市場予測
  • 製造
    • 市場動向
    • 市場予測
  • 建設
    • 市場動向
    • 市場予測
  • 小売店および卸売店
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
    • Amara Raja Batteries Ltd.
    • Camel Group Co. Ltd.
    • Crown Equipment Corporation
    • East Penn Manufacturing Company
    • Enersys
    • Exide Industries Limited
    • Flux Power
    • Microtex Energy Private Limited
    • Northland Industrial Truck Co. Inc.（Alta Enterprises LLC）
    • Storage Battery Systems LLC
    • Systems Sunlight S.A.
図表

List of Figures

  • Figure 1: Global: Forklift Battery Market: Major Drivers and Challenges
  • Figure 2: Global: Forklift Battery Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Forklift Battery Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Forklift Battery Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Forklift Battery Market: Breakup by Sales Channel (in %), 2023
  • Figure 6: Global: Forklift Battery Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Forklift Battery Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Forklift Battery (Lithium-ion Battery) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Forklift Battery (Lithium-ion Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Forklift Battery (Lead-Acid Battery) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Forklift Battery (Lead-Acid Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Forklift Battery (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Forklift Battery (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Forklift Battery (OEM) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Forklift Battery (OEM) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Forklift Battery (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Forklift Battery (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Forklift Battery (Warehouses) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Forklift Battery (Warehouses) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Forklift Battery (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Forklift Battery (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Forklift Battery (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Forklift Battery (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Forklift Battery (Retail and Wholesale Stores) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Forklift Battery (Retail and Wholesale Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Forklift Battery (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Forklift Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: North America: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: North America: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: United States: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: United States: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Canada: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Canada: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Asia-Pacific: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Asia-Pacific: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: China: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: China: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Japan: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Japan: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: India: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: India: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: South Korea: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: South Korea: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Australia: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Australia: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Indonesia: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Indonesia: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Others: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Others: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Europe: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Europe: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Germany: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Germany: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: France: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: France: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: United Kingdom: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: United Kingdom: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Italy: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Italy: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Spain: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Spain: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Russia: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Russia: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Others: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Others: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Latin America: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Latin America: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Brazil: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Brazil: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Mexico: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Mexico: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Others: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Others: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Middle East and Africa: Forklift Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Middle East and Africa: Forklift Battery Market: Breakup by Country (in %), 2023
  • Figure 76: Middle East and Africa: Forklift Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Global: Forklift Battery Industry: SWOT Analysis
  • Figure 78: Global: Forklift Battery Industry: Value Chain Analysis
  • Figure 79: Global: Forklift Battery Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Forklift Battery Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Forklift Battery Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Forklift Battery Market Forecast: Breakup by Sales Channel (in Million US$), 2024-2032
  • Table 4: Global: Forklift Battery Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Forklift Battery Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Forklift Battery Market: Competitive Structure
  • Table 7: Global: Forklift Battery Market: Key Players
目次
Product Code: SR112024A5347

The global forklift battery market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. The increasing demand for electric forklifts, the overall growth of industries and the expansion of warehouses and distribution centers, and the development and implementation of autonomous forklifts or robotic material handling equipment are some of the major factors propelling the market.

A forklift battery is a specialized power source used to provide electrical energy to electric forklifts and other industrial equipment. It is powered by rechargeable batteries, making it a cleaner and more eco-friendly option for material handling operations. It typically comprises lead-acid, lithium-ion, or other advanced technologies designed to deliver the high power required to operate heavy lifting machinery efficiently. It is essential in warehouses, distribution centres, manufacturing plants, and various material handling environments. It is housed within the forklift's chassis and can be easily removed and replaced to ensure continuous operation during lengthy shifts. The charging process involves connecting the battery to an appropriate charging station, which restores its energy for the next round of operations.

The increasing demand for electric forklifts is driving the global market. As industries focus more on sustainability and reducing emissions, the demand for electric forklifts has been increasing. Electric forklifts are powered by batteries, which boosts the demand for forklift batteries. Moreover, the overall growth of industries and the expansion of warehouses and distribution centres lead to an increased demand for forklifts and, consequently, forklift batteries. Besides, environmental regulations and safety standards may drive companies to invest in electric forklifts and suitable batteries to comply with emission reduction targets and safety guidelines. Sustainable practices and environmental consciousness are influencing various industries, including material handling. Forklift battery manufacturers are increasingly focusing on eco-friendly battery production, recycling programs, and minimizing the environmental impact of battery disposal. The development and implementation of autonomous forklifts or robotic material handling equipment also impact the forklift battery market. As automation becomes more prevalent in warehouses and logistics centers, the demand for efficient and durable batteries that can support autonomous operations is likely to grow.

Forklift Battery Market Trends/Drivers:

Environmental Sustainability and Stringent Emission Regulations

As concerns over climate change and air pollution grow, industries are under mounting pressure to adopt greener practices. Forklifts, which are widely used in material handling operations, traditionally relied on internal combustion engines powered by fossil fuels. Since, these engines produce harmful emissions such as carbon dioxide, nitrogen oxides, and particulate matter. In response to this, there has been a significant shift towards electric forklifts that operate using forklift batteries. These batteries generate zero emissions during use, thus mitigating their environmental impact. Governments and regulatory bodies are also incentivizing the adoption of electric forklifts through tax credits, rebates, and favorable policies. This, in turn, is augmenting the growth of the forklift battery market as industries seek cleaner and more sustainable solutions to comply with environmental regulations and reduce their carbon footprint.

Continual Advancements in Battery Technology and Energy Efficiency

As research and development in battery chemistry progress, newer and more efficient battery types are being introduced. Lithium-ion batteries have gained popularity due to their higher energy density, longer lifespan, and faster charging capabilities compared to traditional lead-acid batteries. These advancements have significantly improved the performance and reliability of forklift batteries, allowing them to operate for longer periods without the need for frequent recharging. The improved energy efficiency translates to higher productivity and reduced operational costs for businesses utilizing electric forklifts. Moreover, ongoing research into alternative materials and emerging battery technologies holds the promise of even greater improvements in the future, supporting further adoption of electric forklifts and thereby fuelling the demand for forklift batteries.

E-commerce Expansion and Warehouse Modernization

Electric forklifts, powered by advanced forklift batteries, have emerged as a preferred choice for indoor material handling in warehouses and fulfillment centers. These batteries enable electric forklifts to operate silently and emission-free, making them well-suited for indoor environments. Additionally, the adoption of automation technologies in warehouses has further impelled the demand for electric forklifts. Automated guided vehicles (AGVs) and other robotic systems integrated with forklifts require reliable and high-performing batteries to function seamlessly. Forklift batteries not only power the electric lift trucks used in warehouses but also play a critical role in supporting the operation of AGVs and other automated systems. As companies seek to optimize warehouse operations, improve order fulfillment speed, and enhance overall efficiency, the demand for electric forklifts and their accompanying batteries continues to rise, fuelling the growth of the forklift battery market.

Forklift Battery Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global forklift battery market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, sales channel and application.

Breakup by Type:

Lithium-ion Battery

Lead-Acid Battery

Others

Lead-acid battery dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes lithium-ion battery, lead-acid battery, and others. According to the report, lead-acid battery represented the largest segment.

Lead-acid batteries are designed to withstand tough working conditions, making them well-suited for the demanding and heavy-duty applications typical of forklifts. Forklifts are often used in warehouses, manufacturing plants, and construction sites, where they are exposed to vibrations, impacts, and extreme temperatures. Lead-acid batteries can handle these harsh environments with relative ease, providing a stable and reliable power source for electric forklifts. Moreover, lead-acid batteries have a lower upfront cost compared to alternative battery technologies, such as lithium-ion batteries. This cost advantage makes them an attractive option, particularly for businesses and industries that require a large fleet of forklifts. The initial investment in lead-acid batteries is generally more affordable, which can significantly impact the overall purchasing decision for companies operating on tight budgets. Additionally, replacement parts for lead-acid batteries are readily available, contributing to their long-term viability and sustainability in the market.

Breakup by Sales Channel:

OEM

Aftermarket

A detailed breakup and analysis of the market based on the sales channel has also been provided in the report. This includes OEM, and aftermarket.

OEM batteries are those supplied directly by forklift manufacturers, specifically designed, and engineered to be a perfect match for their respective forklift models. Additionally, OEM batteries often come with comprehensive warranty and service support from the forklift manufacturers, ensuring timely resolution of any issues that may arise. The bundling of the battery cost with the forklift purchase simplifies the buying process for customers, providing a hassle-free experience.

On the other hand, the aftermarket battery sales channel represents the other significant segment in the forklift battery market. Aftermarket batteries are supplied by third-party manufacturers and suppliers, and they are not directly associated with the original forklift manufacturers. The batteries offer a wide range of options, including various chemistries, capacities, and price points, catering to specific customer needs and budget constraints. Numerous aftermarket battery suppliers ensure that their products meet industry standards and regulations, providing quality assurance to customers.

Breakup by Application:

Warehouses

Manufacturing

Construction

Retail and Wholesale Stores

Others

Manufacturing holds the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes warehouses, manufacturing, construction, retail and wholesale stores, and others. According to the report, manufacturing accounted for the largest market share.

Manufacturing facilities across industries, such as automotive, electronics, food and beverage, pharmaceuticals, and more, heavily rely on forklifts for their material handling operations. Forklifts play a crucial role in efficiently moving and organizing raw materials, components, finished products, and heavy machinery within manufacturing facilities. Moreover, forklifts running on batteries tend to be quieter than their internal combustion engine counterparts, reducing noise pollution within manufacturing facilities. Additionally, electric forklifts produce zero emissions during operation, making them well-suited for indoor use where air quality and employee health are critical considerations. This eco-friendly attribute aligns with the manufacturing industry's growing focus on sustainability and environmental responsibility. Additionally, the precise control and maneuverability of electric forklifts make them ideal for navigating narrow aisles and confined spaces commonly found in manufacturing facilities.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance, accounting for the largest forklift battery market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific has significant manufacturing industries and robust economic growth, leading to a high demand for material-handling equipment, including forklifts. Moreover, the increasing emphasis on sustainability and environmental protection in the Asia Pacific region has accelerated the adoption of electric forklifts powered by forklift batteries. Governments in several Asian countries have introduced stringent emission regulations and initiatives to promote clean energy solutions, including incentives for electric vehicle adoption. This has significantly augmented the demand for forklift batteries as a cleaner and greener alternative to traditional internal combustion engine forklifts. Furthermore, the Asia Pacific region has witnessed significant investments in logistics and warehousing infrastructure due to the rapid growth of e-commerce and the expanding supply chain networks. As businesses focus for more efficient material handling operations and better warehouse automation, the demand for electric forklifts and their accompanying batteries has increased.

Competitive Landscape:

Forklift battery manufacturers are heavily investing in research and development to improve battery technology. This involved developing batteries with higher energy densities, faster charging capabilities, and longer lifespans. Advancements in battery technology were crucial to enhancing the performance and efficiency of electric forklifts. Moreover, several companies are incorporating Internet of Things (IoT) and telematics technology into their battery-powered forklifts. IoT-enabled forklifts provided valuable data insights, such as battery health, charging patterns, and maintenance requirements, allowing businesses to optimize fleet operations, monitor performance, and reduce downtime. Companies are engaging in partnerships and collaborations with other players in the industry, such as forklift manufacturers, technology providers, and logistics companies. Collaborative efforts aimed to drive innovation, improve product offerings, and explore new business opportunities. Also, companies are increasingly emphasizing on sustainability and environmental responsibility.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH

Amara Raja Batteries Ltd.

Camel Group Co. Ltd.

Crown Equipment Corporation

East Penn Manufacturing Company

Enersys

Exide Industries Limited

Flux Power

Microtex Energy Private Limited

Northland Industrial Truck Co. Inc. (Alta Enterprises LLC)

Storage Battery Systems LLC

Systems Sunlight S.A.

Recent Developments:

In March 2023, Systems Sunlight S.A. launched Li.ON FORCE Lite battery, ideal for Class III industrial vehicles. This expansion of their innovative energy storage solutions portfolio to the US market includes a comprehensive lineup, spanning from lithium-ion and lead-acid products to Sunlight ElectroLiFe semi-traction batteries, PowerBox chargers, and Sunlight IoT solutions.

In March 2022, Flux Power launched a new High-Capacity Version of Lithium-ion Battery Pack for Walkie Pallet Jacks. This will help the customers to power their walkie pallet jacks in demanding applications that will last throughout extended shifts.

In November 2022, Exide Industries Limited and Advanced Battery Concepts, LLC (ABC), announced their mutual intent to develop a commercial plan to manufacture and sell ABC's Box-BE(TM) Battery Energy Storage Systems in the marketplace.

Key Questions Answered in This Report

  • 1. What was the size of the global forklift battery market in 2023?
  • 2. What is the expected growth rate of the global forklift battery market during 2024-2032?
  • 3. What are the key factors driving the global forklift battery market?
  • 4. What has been the impact of COVID-19 on the global forklift battery market?
  • 5. What is the breakup of the global forklift battery market based on the type?
  • 6. What is the breakup of the global forklift battery market based on the application?
  • 7. What are the key regions in the global forklift battery market?
  • 8. Who are the key players/companies in the global forklift battery market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Forklift Battery Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Lithium-ion Battery
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Lead-Acid Battery
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Sales Channel

  • 7.1 OEM
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Aftermarket
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Warehouses
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Manufacturing
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Construction
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Retail and Wholesale Stores
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Amara Raja Batteries Ltd.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Camel Group Co. Ltd.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Crown Equipment Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 East Penn Manufacturing Company
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Enersys
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Exide Industries Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
    • 14.3.8 Flux Power
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Microtex Energy Private Limited
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Northland Industrial Truck Co. Inc. (Alta Enterprises LLC)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Storage Battery Systems LLC
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Systems Sunlight S.A.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio