Electricity plays a crucial role in modern life. Forklift battery possess a broad range of applications. Historically, the term ‘battery’ was used to refer to a device composed of multiple cells, but the usage of batteries has evolved substantially to include devices composed of a single cell. Demand for electricity is increasing exponentially around the world. Governments in various countries are undertaking modernization and development of their power generation infrastructure. Both developed and developing countries are undertaking efforts to develop new power generation, transmission, distribution infrastructure and revamp existing infrastructure.
Market Analysis and Insights: Global and United States Batteries for Forklift Market
This report focuses on global and United States Batteries for Forklift market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Batteries for Forklift market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Lead-Acid Batteries accounting for % of the Batteries for Forklift global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Mechanical was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Europe was the largest forklift battery market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing demand for lift trucks from the automotive industry and warehouses will significantly drive forklift battery market growth in this region over the forecast period.
Global Batteries for Forklift Scope and Market Size
Batteries for Forklift market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Batteries for Forklift market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Batteries for Forklift market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Lead-Acid Batteries
Nickel-Based Batteries
Lithium-Based Batteries
Segment by Application
Mechanical
Automotive
Food and Beverage
Logistics
Chemical
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Johnson Controls Inc.
Exide Technologies Inc.
Enersys Inc.
Geebattery
GS Yuasa Corporation
Northstar Battery Company LLC
C&D Technologies, Inc.
Robert Bosch GmbH
East Penn Manufacturing Company
SBS Battery
ThomasNet
IBCS
Green Cubes Technology