According to our (Global Info Research) latest study, the global Warehousing and Logistics Electric Forklift market size was valued at US$ 15860 million in 2024 and is forecast to a readjusted size of USD 22950 million by 2031 with a CAGR of 5.0% 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.
The Warehousing and Logistics Electric Forklift market refers to the segment of the electric forklift industry focused on material handling within warehouses, distribution centers, and logistics hubs. These electric forklifts are designed for indoor or semi-indoor use, prioritizing zero-emission operation, compact maneuverability, and low noise levels essential for high-efficiency logistics environments.
The Warehousing and Logistics Electric Forklift Market is rapidly growing, fueled by the dual forces of e-commerce logistics expansion and sustainability mandates. Electric forklifts are becoming the default choice for modern warehouse operations thanks to their efficiency, safety, and environmental performance. The integration of smart technology, battery innovation, and autonomous capability will shape the next generation of warehouse forklifts, making them central to the digital supply chain.
Key Market Trends
Explosive E-commerce Growth: Driving massive investments in high-throughput warehouse infrastructure and electric forklifts. Shift to Lithium-Ion Technology: Rapid adoption due to benefits such as faster charging, longer life cycles, and reduced downtime. Automation & Telematics: Electric forklifts are increasingly integrated into warehouse management systems (WMS), enabling real-time tracking and remote diagnostics. Fleet-as-a-Service (FaaS): Companies are shifting from ownership to subscription/rental models for flexibility and cost control. Sustainable Warehousing: Strict ESG goals are accelerating the transition away from internal combustion forklifts.
Market Drivers
Environmental Regulations: Favor electric forklifts over diesel/LPG alternatives, especially in indoor logistics spaces. Operational Efficiency: Electric forklifts offer smoother operation, less maintenance, and better TCO over their lifecycle. Labor Shortages: Forklifts help address warehouse staffing challenges by increasing throughput with fewer operators. Expansion of Global Supply Chains: Increases demand for advanced, electric-powered warehouse equipment. Energy Cost Management: With rising fuel prices, electric forklifts provide long-term cost savings.
This report is a detailed and comprehensive analysis for global Warehousing and Logistics Electric Forklift 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 Warehousing and Logistics Electric Forklift market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Warehousing and Logistics Electric Forklift market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Warehousing and Logistics Electric Forklift market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Warehousing and Logistics Electric Forklift market shares of main players, shipments in revenue ($ 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 Warehousing and Logistics Electric Forklift
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 Warehousing and Logistics Electric Forklift 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
Warehousing and Logistics Electric Forklift 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
Class 1
Class 2
Class 3
Market segment by Application
Warehouses
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 Warehousing and Logistics Electric Forklift product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Warehousing and Logistics Electric Forklift, with price, sales quantity, revenue, and global market share of Warehousing and Logistics Electric Forklift from 2020 to 2025.
Chapter 3, the Warehousing and Logistics Electric Forklift competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Warehousing and Logistics Electric Forklift 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 Warehousing and Logistics Electric Forklift 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 Warehousing and Logistics Electric Forklift.
Chapter 14 and 15, to describe Warehousing and Logistics Electric Forklift sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Warehousing and Logistics Electric Forklift. Industry analysis & Market Report on Warehousing and Logistics Electric Forklift is a syndicated market report, published as Global Warehousing and Logistics Electric Forklift Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Warehousing and Logistics Electric Forklift market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.