Lithium-ion Forklift Battery Market Report – Research, Industry Analysis Reports and Market Demands

Global Lithium-ion Forklift Battery Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

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 Lithium-ion Forklift Battery Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 24V
- 1.3.3 48V
- 1.3.4 Others
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Market Size & Forecast
- 1.5.1 Global Lithium-ion Forklift Battery Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Lithium-ion Forklift Battery Sales Quantity (2020-2031)
- 1.5.3 Global Lithium-ion Forklift Battery Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Lithium-ion Forklift Battery by Manufacturer

3.1 Global Lithium-ion Forklift Battery Sales Quantity by Manufacturer (2020-2025)
3.2 Global Lithium-ion Forklift Battery Revenue by Manufacturer (2020-2025)
3.3 Global Lithium-ion Forklift Battery Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Lithium-ion Forklift Battery by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Lithium-ion Forklift Battery Manufacturer Market Share in 2024
- 3.4.3 Top 6 Lithium-ion Forklift Battery Manufacturer Market Share in 2024
3.5 Lithium-ion Forklift Battery Market: Overall Company Footprint Analysis
- 3.5.1 Lithium-ion Forklift Battery Market: Region Footprint
- 3.5.2 Lithium-ion Forklift Battery Market: Company Product Type Footprint
- 3.5.3 Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Market Size by Region
- 4.1.1 Global Lithium-ion Forklift Battery Sales Quantity by Region (2020-2031)
- 4.1.2 Global Lithium-ion Forklift Battery Consumption Value by Region (2020-2031)
- 4.1.3 Global Lithium-ion Forklift Battery Average Price by Region (2020-2031)
4.2 North America Lithium-ion Forklift Battery Consumption Value (2020-2031)
4.3 Europe Lithium-ion Forklift Battery Consumption Value (2020-2031)
4.4 Asia-Pacific Lithium-ion Forklift Battery Consumption Value (2020-2031)
4.5 South America Lithium-ion Forklift Battery Consumption Value (2020-2031)
4.6 Middle East & Africa Lithium-ion Forklift Battery Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
5.2 Global Lithium-ion Forklift Battery Consumption Value by Type (2020-2031)
5.3 Global Lithium-ion Forklift Battery Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
6.2 Global Lithium-ion Forklift Battery Consumption Value by Application (2020-2031)
6.3 Global Lithium-ion Forklift Battery Average Price by Application (2020-2031)

7 North America

7.1 North America Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
7.2 North America Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
7.3 North America Lithium-ion Forklift Battery Market Size by Country
- 7.3.1 North America Lithium-ion Forklift Battery Sales Quantity by Country (2020-2031)
- 7.3.2 North America Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
8.2 Europe Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
8.3 Europe Lithium-ion Forklift Battery Market Size by Country
- 8.3.1 Europe Lithium-ion Forklift Battery Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Lithium-ion Forklift Battery Market Size by Region
- 9.3.1 Asia-Pacific Lithium-ion Forklift Battery Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
10.2 South America Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
10.3 South America Lithium-ion Forklift Battery Market Size by Country
- 10.3.1 South America Lithium-ion Forklift Battery Sales Quantity by Country (2020-2031)
- 10.3.2 South America Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Lithium-ion Forklift Battery Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Lithium-ion Forklift Battery Market Size by Country
- 11.3.1 Middle East & Africa Lithium-ion Forklift Battery Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Market Drivers
12.2 Lithium-ion Forklift Battery Market Restraints
12.3 Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery and Key Manufacturers
13.2 Manufacturing Costs Percentage of Lithium-ion Forklift Battery
13.3 Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery Typical Distributors
14.3 Lithium-ion Forklift Battery Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Lithium-ion Forklift Battery market size was valued at US$ 459 million in 2024 and is forecast to a readjusted size of USD 622 million by 2031 with a CAGR of 4.5% during review period.
China"s policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China"s new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China"s lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
This report is a detailed and comprehensive analysis for global Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Forklift Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Forklift Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Lithium-ion Forklift Battery market shares of main players, shipments in revenue ($ 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 Lithium-ion Forklift Battery
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 Lithium-ion Forklift Battery 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 Material Handling, JB BATTERY, EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, East Penn Manufacturing, Exide Technologies, MIDAC, SYSTEMS SUNLIGHT, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium-ion Forklift Battery 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
24V
48V
Others
Market segment by Application
Warehouses
Factories
Distribution Centers
Others
Major players covered
Toyota Material Handling
JB BATTERY
EnerSys
Hitachi Chemical
GS Yuasa
Hoppecke
East Penn Manufacturing
Exide Technologies
MIDAC
SYSTEMS SUNLIGHT
ECOBAT Battery Technologies
Triathlon Batterien GmbH
Crown Battery
Amara Raja
Storage Battery Systems, LLC
BAE Batterien
Banner Batteries
Saft
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 Lithium-ion Forklift Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium-ion Forklift Battery, with price, sales quantity, revenue, and global market share of Lithium-ion Forklift Battery from 2020 to 2025.
Chapter 3, the Lithium-ion Forklift Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery 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 Lithium-ion Forklift Battery.
Chapter 14 and 15, to describe Lithium-ion Forklift Battery sales channel, distributors, customers, research findings and conclusion.

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