PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503320
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1503320
Forklift Battery Market Forecasts to 2030 - Global Analysis By Type, Voltage, Sales Channel, Application and By Geography
According to Stratistics MRC, the Global Forklift Battery Market is accounted for $6.55 billion in 2024 and is expected to reach $10.73 billion by 2030 growing at a CAGR of 8.56% during the forecast period. Industrial environments require forklift batteries as a reliable source of power for heavy lifting and maneuvering. These batteries are made to resist the rigors of repeated cycles of charging and discharging; they are usually lithium-ion or lead-acid. In order to meet the unique needs of various forklift models and operational requirements, forklift batteries are sized based on voltage and amp-hour capacity. Moreover, longevity and peak performance are dependent on proper maintenance, which includes routine watering and equalization charging.
According to the European Federation of Material Handling, Innovative technologies such as automation and robotics are revolutionizing the logistics industry, enhancing efficiency and safety in warehouse environments.
Market Dynamics:
Driver:
Increasing automation in warehouses
Forklift batteries are essential to supporting this transformation as the trend toward warehouse automation gains momentum. They enable streamlined operations and effective material handling by supplying the power required for automated systems like robotic picking systems and automated guided vehicles (AGVs). Additionally, real-time battery usage monitoring and optimization are made possible by the integration of Internet of Things (IoT) technology, which raises the effectiveness and dependability of warehouse automation procedures even further.
Restraint:
Expensive initial outlay
The substantial initial outlay needed is one of the main barriers to the widespread use of forklift batteries. When considering their initial purchase price, electric forklifts with battery power tend to be more expensive than those with internal combustion engines. Furthermore, the initial investment burden for businesses is further increased by the cost of infrastructure upgrades, such as the installation of charging stations and the implementation of battery management systems.
Opportunity:
Alternative battery chemistry emerges
The market for forklift batteries is becoming more innovative and diversified as alternative battery chemistries like solid-state, hydrogen fuel cells, and lithium-ion batteries become more prevalent. Compared to conventional lead-acid batteries, these alternative technologies have benefits like higher energy density, quicker charging times, and longer lifespans. Moreover, businesses that make these kinds of research and development investments stand to benefit from a competitive edge as they meet consumer demands for battery solutions that are more efficient and clean.
Threat:
Raw material costs and disruptions in the supply chain
The production of forklift batteries is dependent on a convoluted international supply chain and raw materials like cobalt, lead, and lithium. Geopolitical tensions, natural disasters, trade restrictions, or other factors can cause supply chain disruptions that affect production costs and profitability by causing shortages and price volatility. Additionally, changes in the cost and availability of raw materials can put battery makers under even more cost pressure, which can have an impact on their pricing policies and profit margins.
Covid-19 Impact:
The market for forklift batteries has seen a variety of effects from the COVID-19 pandemic. Forklifts and related equipment saw a decline in demand at first due to widespread lockdowns and disruptions to manufacturing and supply chains, which had an impact on sales and production volumes. However, as companies adjusted to new safety regulations and saw a rise in e-commerce, the market for material handling equipment, such as forklifts, and warehouse automation saw a recovery. Businesses looking to reduce their reliance on manual labor and increase operational flexibility were driving demand for electric forklifts powered by batteries. This demand was further fueled by the shift towards online shopping and the need for efficient logistics solutions.
The Lead-Acid segment is expected to be the largest during the forecast period
The lead-acid battery segment holds the largest market share in forklift batteries. Forklifts have historically used lead-acid batteries because of their durability, affordability, and well-established recycling and disposal systems. But because of their higher energy density, longer lifespan, and quicker charging times, lithium-ion batteries are becoming more and more popular. Moreover, lead-acid batteries continue to rule the market in spite of this, especially in sectors where affordability and a track record of dependability are valued more highly than sophisticated features.
The 72 Volts segment is expected to have the highest CAGR during the forecast period
In the forklift battery market, the 72-volt segment presently has the highest CAGR. The 72-volt category denotes high-power battery systems that are generally employed in heavy-duty industrial settings where longer operating times and higher lifting capacities are necessary. Larger forklift models that operate in harsh environments like ports, manufacturing plants, and warehouses with high throughput requirements frequently use these batteries. Additionally, the robust growth of the segment is attributed to the growing need for reliable and efficient material handling equipment, as well as advancements in battery technology that improve the performance and dependability of 72-volt systems.
Region with largest share:
The Asia-Pacific region holds the largest market share for forklift batteries. Numerous factors, such as the region's thriving manufacturing sector, fast industrialization, and the presence of significant forklift manufacturers, contribute to this dominance. Significant market growth is being driven by the expansion of the e-commerce, automotive production, and logistics industries in countries like China, Japan, and South Korea. Furthermore, the need for forklift batteries in the area is also being driven by government programs encouraging the use of electric vehicles and strict emission standards.
Region with highest CAGR:
Latin America has the highest CAGR in the forklift battery market. Numerous factors, such as the region's growing industrialization, the development of its infrastructure, and the uptake of electric vehicles, are contributing to this growth. Significant investments in the manufacturing and logistics sectors are occurring in countries like Brazil, Mexico, and Argentina, which is increasing demand for material handling equipment like forklifts. Moreover, stricter environmental laws and a focus on sustainability are also hastening the transition to battery-powered electric forklifts.
Key players in the market
Some of the key players in Forklift Battery market include EnerSys, Amara Raja Batteries Ltd., Discover Energy Corp., Johnson Controls, East Penn Manufacturing Co., Inc., Iberdrola S.A., Storage Battery Systems, LLC, Flux Power Holdings Inc., Chloride Batteries S.E., Exide Industries Ltd., Total SA, Navitas Systems LLC, GS Yuasa International Ltd., Crown Equipment Corporation, Microtex Energy Private Limited , Trojan Battery Company, LLC and Midac S.p.A.
Key Developments:
In May 2024, Stored energy technologies provider EnerSys has entered into a definitive agreement to acquire for $208 million Bren-Tronics, a manufacturer of portable power products for defense customers. EnerSys said Thursday it expects to close the all-cash transaction by the second quarter of 2024.
In April 2024, Amara Raja Batteries Limited, a leading battery manufacturing company, has secured a significant contract with Greenko Energies Private Limited. The contract entails the supply and installation of a battery energy storage system (BESS) for Greenko's integrated renewable energy project.
In July 2023, Johnson Controls, a global leader for smart, healthy, and sustainable buildings announces an agreement with Constellation (NASDAQ: CEG), the nation's largest producer of carbon-free energy, to support the development of two new solar plants and match the power needs of four major Johnson Controls manufacturing and research and development facilities.
Types Covered:
- Lead-Acid
- Lithium-Ion
- Nickel-Cadmium
- Sodium-sulfur Battery
- Ni-MH Battery
- Fuel Cells
- Other Types
Voltages Covered:
- 24 Volts
- 36 Volts
- 48 Volts
- 72 Volts
Sales Channels Covered:
- OEM
- Aftermarket
Applications Covered:
- Warehouses
- Manufacturing
- Construction
- Retail and Wholesale Stores
- Distribution Centers
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Forklift Battery Market, By Type
- 5.1 Introduction
- 5.2 Lead-Acid
- 5.3 Lithium-Ion
- 5.4 Nickel-Cadmium
- 5.5 Sodium-sulfur Battery
- 5.6 Ni-MH Battery
- 5.7 Fuel Cells
- 5.8 Other Types
6 Global Forklift Battery Market, By Voltage
- 6.1 Introduction
- 6.2 24 Volts
- 6.3 36 Volts
- 6.4 48 Volts
- 6.5 72 Volts
7 Global Forklift Battery Market, By Sales Channel
- 7.1 Introduction
- 7.2 OEM
- 7.3 Aftermarket
8 Global Forklift Battery Market, By Application
- 8.1 Introduction
- 8.2 Warehouses
- 8.3 Manufacturing
- 8.4 Construction
- 8.5 Retail and Wholesale Stores
- 8.6 Distribution Centers
- 8.7 Other Applications
9 Global Forklift Battery Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 EnerSys
- 11.2 Amara Raja Batteries Ltd.
- 11.3 Discover Energy Corp.
- 11.4 Johnson Controls
- 11.5 East Penn Manufacturing Co., Inc.
- 11.6 Iberdrola S.A.
- 11.7 Storage Battery Systems, LLC
- 11.8 Flux Power Holdings Inc.
- 11.9 Chloride Batteries S.E.
- 11.10 Exide Industries Ltd.
- 11.11 Total SA
- 11.12 Navitas Systems LLC
- 11.13 GS Yuasa International Ltd.
- 11.14 Crown Equipment Corporation
- 11.15 Microtex Energy Private Limited
- 11.16 Trojan Battery Company, LLC
- 11.17 Midac S.p.A.
List of Tables
- Table 1 Global Forklift Battery Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 3 Global Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 4 Global Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 5 Global Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 6 Global Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 7 Global Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 8 Global Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 9 Global Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 10 Global Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 11 Global Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 12 Global Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 13 Global Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 14 Global Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 15 Global Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 16 Global Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 17 Global Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 18 Global Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 19 Global Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 20 Global Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 21 Global Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 22 Global Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 23 Global Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 24 Global Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 25 North America Forklift Battery Market Outlook, By Country (2022-2030) ($MN)
- Table 26 North America Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 27 North America Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 28 North America Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 29 North America Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 30 North America Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 31 North America Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 32 North America Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 33 North America Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 34 North America Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 35 North America Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 36 North America Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 37 North America Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 38 North America Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 39 North America Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 40 North America Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 41 North America Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 42 North America Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 43 North America Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 44 North America Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 45 North America Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 46 North America Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 47 North America Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 48 North America Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 49 Europe Forklift Battery Market Outlook, By Country (2022-2030) ($MN)
- Table 50 Europe Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 51 Europe Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 52 Europe Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 53 Europe Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 54 Europe Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 55 Europe Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 56 Europe Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 57 Europe Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 58 Europe Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 59 Europe Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 60 Europe Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 61 Europe Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 62 Europe Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 63 Europe Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 64 Europe Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 65 Europe Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 66 Europe Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 67 Europe Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 68 Europe Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 69 Europe Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 70 Europe Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 71 Europe Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 72 Europe Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 73 Asia Pacific Forklift Battery Market Outlook, By Country (2022-2030) ($MN)
- Table 74 Asia Pacific Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 75 Asia Pacific Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 76 Asia Pacific Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 77 Asia Pacific Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 78 Asia Pacific Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 79 Asia Pacific Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 80 Asia Pacific Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 81 Asia Pacific Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 82 Asia Pacific Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 83 Asia Pacific Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 84 Asia Pacific Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 85 Asia Pacific Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 86 Asia Pacific Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 87 Asia Pacific Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 88 Asia Pacific Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 89 Asia Pacific Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 90 Asia Pacific Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 91 Asia Pacific Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 92 Asia Pacific Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 93 Asia Pacific Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 94 Asia Pacific Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 95 Asia Pacific Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 96 Asia Pacific Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 97 South America Forklift Battery Market Outlook, By Country (2022-2030) ($MN)
- Table 98 South America Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 99 South America Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 100 South America Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 101 South America Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 102 South America Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 103 South America Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 104 South America Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 105 South America Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 106 South America Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 107 South America Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 108 South America Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 109 South America Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 110 South America Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 111 South America Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 112 South America Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 113 South America Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 114 South America Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 115 South America Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 116 South America Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 117 South America Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 118 South America Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 119 South America Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 120 South America Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 121 Middle East & Africa Forklift Battery Market Outlook, By Country (2022-2030) ($MN)
- Table 122 Middle East & Africa Forklift Battery Market Outlook, By Type (2022-2030) ($MN)
- Table 123 Middle East & Africa Forklift Battery Market Outlook, By Lead-Acid (2022-2030) ($MN)
- Table 124 Middle East & Africa Forklift Battery Market Outlook, By Lithium-Ion (2022-2030) ($MN)
- Table 125 Middle East & Africa Forklift Battery Market Outlook, By Nickel-Cadmium (2022-2030) ($MN)
- Table 126 Middle East & Africa Forklift Battery Market Outlook, By Sodium-sulfur Battery (2022-2030) ($MN)
- Table 127 Middle East & Africa Forklift Battery Market Outlook, By Ni-MH Battery (2022-2030) ($MN)
- Table 128 Middle East & Africa Forklift Battery Market Outlook, By Fuel Cells (2022-2030) ($MN)
- Table 129 Middle East & Africa Forklift Battery Market Outlook, By Other Types (2022-2030) ($MN)
- Table 130 Middle East & Africa Forklift Battery Market Outlook, By Voltage (2022-2030) ($MN)
- Table 131 Middle East & Africa Forklift Battery Market Outlook, By 24 Volts (2022-2030) ($MN)
- Table 132 Middle East & Africa Forklift Battery Market Outlook, By 36 Volts (2022-2030) ($MN)
- Table 133 Middle East & Africa Forklift Battery Market Outlook, By 48 Volts (2022-2030) ($MN)
- Table 134 Middle East & Africa Forklift Battery Market Outlook, By 72 Volts (2022-2030) ($MN)
- Table 135 Middle East & Africa Forklift Battery Market Outlook, By Sales Channel (2022-2030) ($MN)
- Table 136 Middle East & Africa Forklift Battery Market Outlook, By OEM (2022-2030) ($MN)
- Table 137 Middle East & Africa Forklift Battery Market Outlook, By Aftermarket (2022-2030) ($MN)
- Table 138 Middle East & Africa Forklift Battery Market Outlook, By Application (2022-2030) ($MN)
- Table 139 Middle East & Africa Forklift Battery Market Outlook, By Warehouses (2022-2030) ($MN)
- Table 140 Middle East & Africa Forklift Battery Market Outlook, By Manufacturing (2022-2030) ($MN)
- Table 141 Middle East & Africa Forklift Battery Market Outlook, By Construction (2022-2030) ($MN)
- Table 142 Middle East & Africa Forklift Battery Market Outlook, By Retail and Wholesale Stores (2022-2030) ($MN)
- Table 143 Middle East & Africa Forklift Battery Market Outlook, By Distribution Centers (2022-2030) ($MN)
- Table 144 Middle East & Africa Forklift Battery Market Outlook, By Other Applications (2022-2030) ($MN)
