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Machinery & Equipment Global Fuel Forklift Trucks Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4627606
    • |
  • 26 September, 2025
    • |
  • Global
    • |
  • 126 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Fuel Forklift Trucks market size was valued at US$ 11540 million in 2024 and is forecast to a readjusted size of USD 14020 million by 2031 with a CAGR of 3.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Fuel Forklift Trucks refer to internal combustion (IC) forklifts powered by fossil fuels, primarily including diesel, gasoline, LPG (liquefied petroleum gas), and CNG (compressed natural gas). These forklifts are widely used in outdoor and heavy-duty material handling applications, offering high torque and endurance compared to electric alternatives.
The Fuel Forklift Trucks Market continues to serve critical roles in outdoor, high-load, and high-usage environments. While electrification trends and emissions regulations are pressuring the market in mature economies, fuel-powered forklifts remain indispensable in sectors and geographies where reliability, power, and quick refueling are non-negotiable. The long-term outlook suggests a gradual decline in developed markets, but continued relevance in global heavy industry and developing regions.
Market Trends
Emissions Compliance Pressure: Regulatory restrictions are prompting cleaner fuel technologies or hybrid options. Growth in Developing Economies: Industrialization and limited electric infrastructure sustain demand. Fleet Telematics and Fuel Efficiency Innovations: Real-time monitoring is improving fuel use and maintenance cycles. Fuel Cost Volatility: Operators are re-evaluating long-term cost-effectiveness vs. electric alternatives. Niche Hybrid Models Emerging: Bridging the gap between power and emissions control.
Market Drivers
Industrial Demand for High Performance: Ideal for heavy and continuous lifting operations. Lack of Electric Charging Infrastructure in remote or developing regions. Lower Upfront Costs relative to lithium-ion electric forklifts. Familiarity and Workforce Training already aligned with IC forklift usage.
This report is a detailed and comprehensive analysis for global Fuel Forklift Trucks market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Fuel Forklift Trucks market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Fuel Forklift Trucks market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Fuel Forklift Trucks market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Fuel Forklift Trucks market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fuel Forklift Trucks
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fuel Forklift Trucks market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Crown Equipment, Hyster-Yale, Anhui Heli, Hangcha, Clark Material Handling, Doosan Corporation Industrial Vehicle, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Fuel Forklift Trucks market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Diesel
Gasoline
Others
Market segment by Application
Warehouses
Factories
Distribution Centers
Others
Major players covered
Toyota
Kion
Jungheinrich
Mitsubishi Logisnext
Crown Equipment
Hyster-Yale
Anhui Heli
Hangcha
Clark Material Handling
Doosan Corporation Industrial Vehicle
Komatsu
Lonking
Hyundai Heavy Industries
EP Equipment
Manitou
Paletrans Equipment
Combilift
Hubtex Maschinenbau
Godrej & Boyce
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fuel Forklift Trucks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fuel Forklift Trucks, with price, sales quantity, revenue, and global market share of Fuel Forklift Trucks from 2020 to 2025.
Chapter 3, the Fuel Forklift Trucks competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fuel Forklift Trucks breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Fuel Forklift Trucks market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fuel Forklift Trucks.
Chapter 14 and 15, to describe Fuel Forklift Trucks sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Fuel Forklift Trucks Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Diesel
    • 1.3.3 Gasoline
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Fuel Forklift Trucks Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Warehouses
    • 1.4.3 Factories
    • 1.4.4 Distribution Centers
    • 1.4.5 Others
  • 1.5 Global Fuel Forklift Trucks Market Size & Forecast
    • 1.5.1 Global Fuel Forklift Trucks Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Fuel Forklift Trucks Sales Quantity (2020-2031)
    • 1.5.3 Global Fuel Forklift Trucks Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Toyota
    • 2.1.1 Toyota Details
    • 2.1.2 Toyota Major Business
    • 2.1.3 Toyota Fuel Forklift Trucks Product and Services
    • 2.1.4 Toyota Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Toyota Recent Developments/Updates
  • 2.2 Kion
    • 2.2.1 Kion Details
    • 2.2.2 Kion Major Business
    • 2.2.3 Kion Fuel Forklift Trucks Product and Services
    • 2.2.4 Kion Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Kion Recent Developments/Updates
  • 2.3 Jungheinrich
    • 2.3.1 Jungheinrich Details
    • 2.3.2 Jungheinrich Major Business
    • 2.3.3 Jungheinrich Fuel Forklift Trucks Product and Services
    • 2.3.4 Jungheinrich Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Jungheinrich Recent Developments/Updates
  • 2.4 Mitsubishi Logisnext
    • 2.4.1 Mitsubishi Logisnext Details
    • 2.4.2 Mitsubishi Logisnext Major Business
    • 2.4.3 Mitsubishi Logisnext Fuel Forklift Trucks Product and Services
    • 2.4.4 Mitsubishi Logisnext Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Mitsubishi Logisnext Recent Developments/Updates
  • 2.5 Crown Equipment
    • 2.5.1 Crown Equipment Details
    • 2.5.2 Crown Equipment Major Business
    • 2.5.3 Crown Equipment Fuel Forklift Trucks Product and Services
    • 2.5.4 Crown Equipment Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Crown Equipment Recent Developments/Updates
  • 2.6 Hyster-Yale
    • 2.6.1 Hyster-Yale Details
    • 2.6.2 Hyster-Yale Major Business
    • 2.6.3 Hyster-Yale Fuel Forklift Trucks Product and Services
    • 2.6.4 Hyster-Yale Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Hyster-Yale Recent Developments/Updates
  • 2.7 Anhui Heli
    • 2.7.1 Anhui Heli Details
    • 2.7.2 Anhui Heli Major Business
    • 2.7.3 Anhui Heli Fuel Forklift Trucks Product and Services
    • 2.7.4 Anhui Heli Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Anhui Heli Recent Developments/Updates
  • 2.8 Hangcha
    • 2.8.1 Hangcha Details
    • 2.8.2 Hangcha Major Business
    • 2.8.3 Hangcha Fuel Forklift Trucks Product and Services
    • 2.8.4 Hangcha Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Hangcha Recent Developments/Updates
  • 2.9 Clark Material Handling
    • 2.9.1 Clark Material Handling Details
    • 2.9.2 Clark Material Handling Major Business
    • 2.9.3 Clark Material Handling Fuel Forklift Trucks Product and Services
    • 2.9.4 Clark Material Handling Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Clark Material Handling Recent Developments/Updates
  • 2.10 Doosan Corporation Industrial Vehicle
    • 2.10.1 Doosan Corporation Industrial Vehicle Details
    • 2.10.2 Doosan Corporation Industrial Vehicle Major Business
    • 2.10.3 Doosan Corporation Industrial Vehicle Fuel Forklift Trucks Product and Services
    • 2.10.4 Doosan Corporation Industrial Vehicle Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Doosan Corporation Industrial Vehicle Recent Developments/Updates
  • 2.11 Komatsu
    • 2.11.1 Komatsu Details
    • 2.11.2 Komatsu Major Business
    • 2.11.3 Komatsu Fuel Forklift Trucks Product and Services
    • 2.11.4 Komatsu Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Komatsu Recent Developments/Updates
  • 2.12 Lonking
    • 2.12.1 Lonking Details
    • 2.12.2 Lonking Major Business
    • 2.12.3 Lonking Fuel Forklift Trucks Product and Services
    • 2.12.4 Lonking Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Lonking Recent Developments/Updates
  • 2.13 Hyundai Heavy Industries
    • 2.13.1 Hyundai Heavy Industries Details
    • 2.13.2 Hyundai Heavy Industries Major Business
    • 2.13.3 Hyundai Heavy Industries Fuel Forklift Trucks Product and Services
    • 2.13.4 Hyundai Heavy Industries Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Hyundai Heavy Industries Recent Developments/Updates
  • 2.14 EP Equipment
    • 2.14.1 EP Equipment Details
    • 2.14.2 EP Equipment Major Business
    • 2.14.3 EP Equipment Fuel Forklift Trucks Product and Services
    • 2.14.4 EP Equipment Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 EP Equipment Recent Developments/Updates
  • 2.15 Manitou
    • 2.15.1 Manitou Details
    • 2.15.2 Manitou Major Business
    • 2.15.3 Manitou Fuel Forklift Trucks Product and Services
    • 2.15.4 Manitou Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Manitou Recent Developments/Updates
  • 2.16 Paletrans Equipment
    • 2.16.1 Paletrans Equipment Details
    • 2.16.2 Paletrans Equipment Major Business
    • 2.16.3 Paletrans Equipment Fuel Forklift Trucks Product and Services
    • 2.16.4 Paletrans Equipment Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Paletrans Equipment Recent Developments/Updates
  • 2.17 Combilift
    • 2.17.1 Combilift Details
    • 2.17.2 Combilift Major Business
    • 2.17.3 Combilift Fuel Forklift Trucks Product and Services
    • 2.17.4 Combilift Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Combilift Recent Developments/Updates
  • 2.18 Hubtex Maschinenbau
    • 2.18.1 Hubtex Maschinenbau Details
    • 2.18.2 Hubtex Maschinenbau Major Business
    • 2.18.3 Hubtex Maschinenbau Fuel Forklift Trucks Product and Services
    • 2.18.4 Hubtex Maschinenbau Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Hubtex Maschinenbau Recent Developments/Updates
  • 2.19 Godrej & Boyce
    • 2.19.1 Godrej & Boyce Details
    • 2.19.2 Godrej & Boyce Major Business
    • 2.19.3 Godrej & Boyce Fuel Forklift Trucks Product and Services
    • 2.19.4 Godrej & Boyce Fuel Forklift Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Godrej & Boyce Recent Developments/Updates

3 Competitive Environment: Fuel Forklift Trucks by Manufacturer

  • 3.1 Global Fuel Forklift Trucks Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Fuel Forklift Trucks Revenue by Manufacturer (2020-2025)
  • 3.3 Global Fuel Forklift Trucks Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Fuel Forklift Trucks by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Fuel Forklift Trucks Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Fuel Forklift Trucks Manufacturer Market Share in 2024
  • 3.5 Fuel Forklift Trucks Market: Overall Company Footprint Analysis
    • 3.5.1 Fuel Forklift Trucks Market: Region Footprint
    • 3.5.2 Fuel Forklift Trucks Market: Company Product Type Footprint
    • 3.5.3 Fuel Forklift Trucks Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Fuel Forklift Trucks Market Size by Region
    • 4.1.1 Global Fuel Forklift Trucks Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Fuel Forklift Trucks Consumption Value by Region (2020-2031)
    • 4.1.3 Global Fuel Forklift Trucks Average Price by Region (2020-2031)
  • 4.2 North America Fuel Forklift Trucks Consumption Value (2020-2031)
  • 4.3 Europe Fuel Forklift Trucks Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Fuel Forklift Trucks Consumption Value (2020-2031)
  • 4.5 South America Fuel Forklift Trucks Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Fuel Forklift Trucks Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 5.2 Global Fuel Forklift Trucks Consumption Value by Type (2020-2031)
  • 5.3 Global Fuel Forklift Trucks Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 6.2 Global Fuel Forklift Trucks Consumption Value by Application (2020-2031)
  • 6.3 Global Fuel Forklift Trucks Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 7.2 North America Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 7.3 North America Fuel Forklift Trucks Market Size by Country
    • 7.3.1 North America Fuel Forklift Trucks Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Fuel Forklift Trucks Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 8.2 Europe Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 8.3 Europe Fuel Forklift Trucks Market Size by Country
    • 8.3.1 Europe Fuel Forklift Trucks Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Fuel Forklift Trucks Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Fuel Forklift Trucks Market Size by Region
    • 9.3.1 Asia-Pacific Fuel Forklift Trucks Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Fuel Forklift Trucks Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 10.2 South America Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 10.3 South America Fuel Forklift Trucks Market Size by Country
    • 10.3.1 South America Fuel Forklift Trucks Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Fuel Forklift Trucks Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Fuel Forklift Trucks Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Fuel Forklift Trucks Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Fuel Forklift Trucks Market Size by Country
    • 11.3.1 Middle East & Africa Fuel Forklift Trucks Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Fuel Forklift Trucks Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Fuel Forklift Trucks Market Drivers
  • 12.2 Fuel Forklift Trucks Market Restraints
  • 12.3 Fuel Forklift Trucks Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Fuel Forklift Trucks and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Fuel Forklift Trucks
  • 13.3 Fuel Forklift Trucks Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Fuel Forklift Trucks Typical Distributors
  • 14.3 Fuel Forklift Trucks Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Fuel Forklift Trucks. Industry analysis & Market Report on Fuel Forklift Trucks is a syndicated market report, published as Global Fuel Forklift Trucks Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Fuel Forklift Trucks market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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