PUBLISHER: Value Market Research | PRODUCT CODE: 1342944
PUBLISHER: Value Market Research | PRODUCT CODE: 1342944
Global Forklift Battery Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030
The global demand for Forklift Battery Market is presumed to reach the market size of nearly USD 45.61 BN by 2030 from USD 25.01 BN in 2022 with a CAGR of 7.8% under the study period 2023 - 2030.
Forklift battery refers to the battery used as a power supply to operate forklift trucks, which are powered industrial trucks for lifting heavy items. These batteries require high power and energy density. The voltage of forklift batteries generally varies between 36 to 48 volts and capacity from 140 Ah to 1550 Ah. They are rechargeable, easy to maintain, and available at a lower cost. They can be divided into different types: lithium ion, lead acid, and nickel cadmium. Lead acid batteries contain electrolytes, sulphuric acid and water. Lithium-ion batteries are waterless and are more economical in the long term.
MARKET DYNAMICS:
The key factor driving the demand for the forklift battery market is the rising adoption of electric forklifts in the warehousing and manufacturing sectors. The benefits offered by electrification forklift trucks, such as lower fuel cost, reduced CO2 emissions and lower maintenance cost, are expanding the demand for this market. In addition, continuous development and innovation in products such as quick battery charging systems for enhanced operational efficiency upsurge the demand for this market. Furthermore, the growing demand for renewable and sustainable energy sources augment the demand for the forklift battery market. However, price volatility and the threat of substitutes may hamper the growth of this market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of forklift battery. The growth and trends of forklift battery industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the forklift battery market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Lithium-Ion Battery
- Lead-Acid Battery
- Nickel-Cadmium Battery
By Voltage
By End-User
REGIONAL ANALYSIS:
TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
3 . FORKLIFT BATTERY - INDUSTRY ANALYSIS
4 . VALUE CHAIN ANALYSIS
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL FORKLIFT BATTERY MARKET ANALYSIS BY TYPE
7 . GLOBAL FORKLIFT BATTERY MARKET ANALYSIS BY VOLTAGE
8 . GLOBAL FORKLIFT BATTERY MARKET ANALYSIS BY END-USER
9 . GLOBAL FORKLIFT BATTERY MARKET ANALYSIS BY GEOGRAPHY
10 . COMPETITIVE LANDSCAPE OF THE FORKLIFT BATTERY COMPANIES
11 . COMPANY PROFILES OF FORKLIFT BATTERY INDUSTRY
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (Units and USD MN)
- Lithium-ion Battery Market Sales by Geography (Units and USD MN)
LIST OF FIGURES
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
