Global IC Cushion Forklifts Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
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 IC Cushion Forklifts Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Gasoline Type
- 1.3.3 Diesel Type
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global IC Cushion Forklifts 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 IC Cushion Forklifts Market Size & Forecast
- 1.5.1 Global IC Cushion Forklifts Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global IC Cushion Forklifts Sales Quantity (2020-2031)
- 1.5.3 Global IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.1.4 Toyota IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.2.4 Kion IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.3.4 Jungheinrich IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.4.4 Mitsubishi Logisnext IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.5.4 Crown Equipment IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.6.4 Hyster-Yale IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.7.4 Anhui Heli IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.8.4 Hangcha IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.9.4 Clark Material Handling IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.10.4 Doosan Corporation Industrial Vehicle IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.11.4 Komatsu IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.12.4 Lonking IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.13.4 Hyundai Heavy Industries IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.14.4 EP Equipment IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.15.4 Manitou IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.16.4 Paletrans Equipment IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.17.4 Combilift IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.18.4 Hubtex Maschinenbau IC Cushion Forklifts 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 IC Cushion Forklifts Product and Services
- 2.19.4 Godrej & Boyce IC Cushion Forklifts Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.19.5 Godrej & Boyce Recent Developments/Updates
3 Competitive Environment: IC Cushion Forklifts by Manufacturer
- 3.1 Global IC Cushion Forklifts Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global IC Cushion Forklifts Revenue by Manufacturer (2020-2025)
- 3.3 Global IC Cushion Forklifts Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of IC Cushion Forklifts by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 IC Cushion Forklifts Manufacturer Market Share in 2024
- 3.4.3 Top 6 IC Cushion Forklifts Manufacturer Market Share in 2024
- 3.5 IC Cushion Forklifts Market: Overall Company Footprint Analysis
- 3.5.1 IC Cushion Forklifts Market: Region Footprint
- 3.5.2 IC Cushion Forklifts Market: Company Product Type Footprint
- 3.5.3 IC Cushion Forklifts 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 IC Cushion Forklifts Market Size by Region
- 4.1.1 Global IC Cushion Forklifts Sales Quantity by Region (2020-2031)
- 4.1.2 Global IC Cushion Forklifts Consumption Value by Region (2020-2031)
- 4.1.3 Global IC Cushion Forklifts Average Price by Region (2020-2031)
- 4.2 North America IC Cushion Forklifts Consumption Value (2020-2031)
- 4.3 Europe IC Cushion Forklifts Consumption Value (2020-2031)
- 4.4 Asia-Pacific IC Cushion Forklifts Consumption Value (2020-2031)
- 4.5 South America IC Cushion Forklifts Consumption Value (2020-2031)
- 4.6 Middle East & Africa IC Cushion Forklifts Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 5.2 Global IC Cushion Forklifts Consumption Value by Type (2020-2031)
- 5.3 Global IC Cushion Forklifts Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 6.2 Global IC Cushion Forklifts Consumption Value by Application (2020-2031)
- 6.3 Global IC Cushion Forklifts Average Price by Application (2020-2031)
7 North America
- 7.1 North America IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 7.2 North America IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 7.3 North America IC Cushion Forklifts Market Size by Country
- 7.3.1 North America IC Cushion Forklifts Sales Quantity by Country (2020-2031)
- 7.3.2 North America IC Cushion Forklifts 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 IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 8.2 Europe IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 8.3 Europe IC Cushion Forklifts Market Size by Country
- 8.3.1 Europe IC Cushion Forklifts Sales Quantity by Country (2020-2031)
- 8.3.2 Europe IC Cushion Forklifts 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 IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific IC Cushion Forklifts Market Size by Region
- 9.3.1 Asia-Pacific IC Cushion Forklifts Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific IC Cushion Forklifts 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 IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 10.2 South America IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 10.3 South America IC Cushion Forklifts Market Size by Country
- 10.3.1 South America IC Cushion Forklifts Sales Quantity by Country (2020-2031)
- 10.3.2 South America IC Cushion Forklifts 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 IC Cushion Forklifts Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa IC Cushion Forklifts Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa IC Cushion Forklifts Market Size by Country
- 11.3.1 Middle East & Africa IC Cushion Forklifts Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa IC Cushion Forklifts 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 IC Cushion Forklifts Market Drivers
- 12.2 IC Cushion Forklifts Market Restraints
- 12.3 IC Cushion Forklifts 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 IC Cushion Forklifts and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of IC Cushion Forklifts
- 13.3 IC Cushion Forklifts 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 IC Cushion Forklifts Typical Distributors
- 14.3 IC Cushion Forklifts Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global IC Cushion Forklifts market size was valued at US$ 10850 million in 2024 and is forecast to a readjusted size of USD 14190 million by 2031 with a CAGR of 3.4% 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.
IC Cushion Forklifts are internal combustion engine-powered forklifts equipped with solid rubber (cushion) tires, designed specifically for smooth, indoor surfaces such as concrete. These forklifts typically run on gasoline, and are commonly used in warehouses, manufacturing plants, and indoor distribution centers where tight turning radii and compact profiles are needed.
The IC Cushion Forklifts Market continues to serve niche indoor applications requiring high power, compact design, and quick refueling. However, environmental regulations and the rising affordability of electric cushion forklifts are gradually reducing its share in advanced markets. Demand is expected to remain resilient in developing regions and rental markets, but overall growth is limited as the industry moves toward full electrification for indoor material handling.
Key Market Trends
Slow Transition to Electric Cushion Forklifts: Many businesses are shifting to electric models due to emissions concerns. Growth in Emerging Markets: IC cushion forklifts remain popular in areas with limited charging infrastructure. Improved Engine Emissions Technology: Tier 4 and EPA/CARB-compliant propane engines helping prolong market life in regulated markets. Compact LPG Forklifts for rental and small warehouse operations are seeing moderate demand. Rental Demand: High demand in seasonal industries where short-term power and agility are needed indoors.
Market Drivers
Durability for Heavy Indoor Loads: Cushion forklifts are better suited for lifting heavier loads indoors than many electric counterparts. Lower Initial Costs: Less expensive than lithium-ion or advanced electric cushion forklifts. Infrastructure Compatibility: No reliance on charging stations; refueling is fast and flexible. Operator Familiarity: Long-established use in industrial operations.
This report is a detailed and comprehensive analysis for global IC Cushion Forklifts 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 IC Cushion Forklifts market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global IC Cushion Forklifts market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global IC Cushion Forklifts market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global IC Cushion Forklifts market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/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 IC Cushion Forklifts
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 IC Cushion Forklifts 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
IC Cushion Forklifts 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
Gasoline Type
Diesel Type
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 IC Cushion Forklifts product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of IC Cushion Forklifts, with price, sales quantity, revenue, and global market share of IC Cushion Forklifts from 2020 to 2025.
Chapter 3, the IC Cushion Forklifts competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the IC Cushion Forklifts 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 IC Cushion Forklifts 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 IC Cushion Forklifts.
Chapter 14 and 15, to describe IC Cushion Forklifts sales channel, distributors, customers, research findings and conclusion.