Forklift Battery Market Size, Share, Trends, Growth 2030
Forklift Battery Market By Type (Lithium-ion and Lead-Acid), By Application (Warehouses, Construction, Manufacturing, and Retail & Wholesale Stores), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2030
| Market Size in 2021 | Market Forecast in 2030 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 5.2 Billion | USD 10.3 Billion | 7.05% | 2022 |
Table Of Content
Table Of Figures
Table Of Tables
Methodology
FrequentlyAsked Questions
The global forklift battery market is growing largely in developing regions due to rapid urbanization and industrialization. Such fast-paced industrialization can be attributed to the efficient government support extended to the manufacturing industry in order to lower manufacturing costs.
The global forklift battery market was valued at $5.2 billion in 2021 and is anticipated to surpass $10.3 billion by the end of 2030. The market is projected to grow with a considerable CAGR of 7.05 % during the forecast period.
Some of the significant players in the global forklift battery market include Systems Sunlight S.A., Storage Battery Systems, LLC, NITCO, Microtex Energy Private Limited, Exide Industries Limited, Enersys, East Penn Manufacturing Company, Crown Equipment Corporation, and Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH.
Asia Pacific accounts for the largest share in the global forklift battery market due to the fast-growing industrial output in the region. Additionally, the high rate of urbanization and industrialization is significantly impacting the growth of the regional market.
Choose License Type
List of Contents
Industry Perspective:OverviewTo know more about this report,request a sample copy.COVID-19 Impact:Growth DriversRestraintsOpportunitiesChallengesSegmentationRecent DevelopmentsMarket Report Scope:Regional LandscapeCompetitive LandscapeGlobal forklift battery market is segmented as follows:RelatedNews
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed