India Forklift Market Overview, 2016-2022 – Research and Markets

06-Oct-2017 Intellasia | BusinessWire | 9:34 PM Print This Post

Forklift Market Overview, 2016-2022″
report has been added to Research
and Markets’

Major players includes Godrej & Boyce manufacturing company limited,
KION India private limited (Voltas), Toyota material handling India
private Limited and Action Construction Equipment private limited is the
top the chart with more than 78% market share of overall India forklift
market and CAGR is anticipated to increase of more than 13% of India
forklift market.

Recently in March 2016, Major player Hyundai launched its forklift
business in India with it complete range of forklifts and warehousing
equipment. The entire range of forklift can be segregated into three
major categories: Light duty (1 to 3 tonne), Medium duty (4 to 8 tonne),
and heavy duty (10 tonne and above capacity). 60% is the counterbalance
forklift and 40% warehousing equipment forklift. Light duty forklifts
will be the major drivers since current trend is to have pollution free
greener forklifts.

Industries like automobile, logistics, chemicals, pharma etc are growing
in Indian market and they contribute to major share of forklift
applications. The market will gradually move towards electric version
and eventually the diesel forklifts will remain in the outdoor
application only. Light generation trucks are high safety products with
higher reliability and greater fuel efficiency.

Key Category

1. India Material Handling Equipment Market Outlook

2. India Forklift Market Outlook

  • India Forklift organised Market
  • India Forklift unorganised Market

The report gives an in-depth understanding of Forklift market in

  • Global forklift Market Outlook
  • India Material handling equipment Market Outlook
  • India Material handling Equipment Market Size & Forecast
  • India Forklift Market Segmental Analysis: By Product, By User Segment,
    By Drive type
  • India Forklift Market Size & Forecast
  • India Forklift organised Market Size & Forecast
  • India Forklift unorganised Market Size & Forecast
  • India Forklift Market Segmental Analysis: By User segment, By Fuel
    Input, By Load capacity, By class, By company,
  • India Rental market
  • Product Price & Variant Analysis
  • The key vendors in this market space
  • Competitive Landscape & Strategic Recommendations

Companies Mentioned

  • Godrej & Boyce Manufacturing Company Limited
  • KION India Private Limited
  • Action Construction Equipment Ltd
  • Toyota Material handling India pvt ltd
  • Mecneill Engineering Limited

For more information about this report visit


Research and Markets
Laura Wood, Senior Manager
[email protected]
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Topics: Forklifts


Category: BusinessWire, PRAsia

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