This type of forklift is preferred for extremely heavy loads. A dense mass at the rear of the machine counterbalances the load on the front fork. Mainly used indoors and on smooth surfaces, this type of forklift is equipped with adjustable support legs. Counterbalance forklifts are most commonly used in warehouses.
This report contains market size and forecasts of Counterbalanced Forklift in global, including the following market information:
Global Counterbalanced Forklift Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Counterbalanced Forklift Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Counterbalanced Forklift companies in 2021 (%)
The global Counterbalanced Forklift market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Counterbalance Forklift Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Counterbalanced Forklift include Toyota Industries, Kion, Jungheinrich AG, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale Materials Handling, Anhui Heli, Hangcha and Clark Material Handling Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Counterbalanced Forklift manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Counterbalanced Forklift Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Counterbalanced Forklift Market Segment Percentages, by Type, 2021 (%)
Electric Counterbalance Forklift
Internal Combustion Counterbalanced Forklift
Global Counterbalanced Forklift Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Counterbalanced Forklift Market Segment Percentages, by Application, 2021 (%)
Warehouses
Factories
Distribution Centers
Others
Global Counterbalanced Forklift Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Counterbalanced Forklift Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Counterbalanced Forklift revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Counterbalanced Forklift revenues share in global market, 2021 (%)
Key companies Counterbalanced Forklift sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Counterbalanced Forklift sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toyota Industries
Kion
Jungheinrich AG
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale Materials Handling
Anhui Heli
Hangcha
Clark Material Handling Company
Doosan Industrial Vehicles
Komatsu
Lonking
Hyundai Heavy Industries