Forklift Market Analysis 2016: Industry Development and Forecast 2018 Oct. 2016

The Forklift market research report explores Europe witnessed a fastest growth
among global regional Forklift market in 2015 with a sales volume increase of 6.12% to
359,096. Encumbered by depressed Brazil demand, the sales growth in America was less
than 2%, even though sales in the United States increased by 6.25%. As for Asia, since
China accounts for over 60% of Asia’s Forklift Market, the shrinking in China Forklift
market affected the overall performance of Asia’s Forklift market in 2015.
Complete 162 Pages Global and China Forklift Industry Research Report; 2016-2018 that
provides
competitive
landscape
and
in-depth
analysis
is
available
at
http://www.rnrmarketresearch.com/global-and-china-forklift-industryresearch-report-2016-2018-market-report.html .
From the financial crisis to 2011, China’s forklift market experienced high growth. The
market formed a three years increasing cycle since 2009. In 2015 it adjusted back to the
developing level of 2013. The sales volume of forklift in China reached 236,976, which
decreased 12% compared with the figure in 2014, and still being the largest forklift
market in the world.
Download Free Sample Copy at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=723915 .
In 2015, China’s domestic forklift market was slightly fluctuant due to the transformation
of ‘Phase II Diesel Engine Discharge Standard ’ to ‘Phase III’. Manufacturers speed up to
clean up the inventories. Export experienced slight increase in 2015.It is important to
realize that the export growth of domestic brands has obviously slowed down and foreign
brands achieved significant increase in export in recent years.
From the perspective of market structure, lifting tonnage of 3.0 to 5.0 accounts for over
80% of the total sales of internal combustion counterbalanced forklifts in China in 2015,
while 1.2 to 2.0 lifting tonnage took majority of electric counterbalanced forklift sales.
Storage logistics, electric/manufacturing and automobile still being the largest three
downstream markets of forklift in 2015. Among which, storage logistics consumed
17.07% of total forklifts in China. Rental market still active though it only contributed
less than 3% of total sales. Electric forklift rental market is mainly dominated by foreign
brands, domestic brands have to compete in internal combustion forklift market. In
2018, forklift rental will take 7% of the total stock of forklifts in China.
Request a Discount on report at
http://www.rnrmarketresearch.com/contacts/discount?rname=723915 .
In the short term, the proportion of China’s electric forklift will steadily grow to 40% in
2020, which still has a gap compared with developed countries and regions. With the
economic structural adjustment goes deeper, the situation of homogeneous and low
price competition in China will gradually improve. The market will continue to subdivide,
which contains opportunities for differentiated products and high-end products. After
market services, including forklift rental, used forklift and fleet management will become
additive profitable business for manufacturers and dealers.

Table of Contents