Global Forklift Battery Market 2016-2020

Lead-acid batteries power 75%-85% of the electric forklifts manufactured globally. These batteries are cost-effective and offer benefits such as high resilience in difficult environmental conditions involving dirt, chemicals, and vibrations.

The maintenance costs of lead-acid batteries can be monitored and improved with inexpensive technology to reduce the total cost of ownership. Advanced charging technologies can bring up the efficiency to 90%, with power factors approaching 99%. This keeps utility costs low. Technical innovations such as fast and opportunity charging during operator downtime add to the cost efficiency of lead-acid batteries.

The analysts forecast global forklift battery market to grow at a CAGR of 8.1% during the period 2016-2020.

Covered in this report

This report covers the present scenario and the growth prospects of the global forklift battery market for 2016-2020.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

The report, Global Forklift Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• East Penn Manufacturing Co., Inc.
• Exide Industries Ltd.
• Midac Batteries S.P.A.
• Navitas System, LLC Corporate.
• Storage Battery Systems, LLC

Other prominent vendors

• Chloride Batteries
• Crown Battery
• Hoppecke
• Johnson Controls
• Trojan Battery

Market driver

• Expansion of warehouse space in e-commerce industry
• For a full, detailed list, view our report

Market challenge

• Replacements of electric forklifts by fuel cell forklifts
• For a full, detailed list, view our report

Market trend

• Use of fast chargers
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Table of Contents

PART 01: Executive summary
Highlights

PART 02: Scope of the report
Market overview
Top-vendor offerings

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market landscape
Market overview
Market size and forecast by revenue
Five forces analysis

PART 06: Market segmentation by application
Global forklift battery market by end-user 2015-2020
Global forklift battery market by warehouse segment
Global forklift battery market by manufacturing segment
Global forklift battery market by construction segment

PART 07: Geographical segmentation
Global forklift battery market by geography
Forklift battery market in Americas
Forklift battery market EMEA
Forklift battery market in APAC

PART 08: Market drivers
Expansion of warehouse space in e-commerce industry
Increased use of forklift in end-user industries
Environmental benefits
Growing demand for forklifts

PART 09: Impact of drivers

PART 10: Market challenges
Replacement of electric forklifts by fuel cell forklifts
Safety concerns

PART 11: Impact of drivers and challenges

PART 12: Market trends
Use of fast chargers
Technological advancements

PART 13: Vendor landscape
Competitive landscape
Other prominent vendors

PART 14: Key vendor analysis
East Penn Manufacturing
Exide Industries
Midac
Navitas Systems
SBS
CHLORIDE
Crown Battery
Trojan Battery
Johnson Controls
Hoppecke

PART 15: Appendix
List of abbreviation

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Segmentation of global forklift battery market
Exhibit 03: Global forklift battery market 2015-2020 ($ billions)
Exhibit 04: Industrial production growth in Europe 2014
Exhibit 05: Five forces analysis
Exhibit 06: Global forklift battery market by end-user 2015-2020
Exhibit 07: Global forklift battery market by end-users 2015-2020
Exhibit 08: Global forklift battery market by warehouse segment 2015-2020 ($ billions)
Exhibit 09: Global e-commerce sales 2013-2018 ($ billions)
Exhibit 10: Global forklift battery market by manufacturing segment 2015-2020 ($ billions)
Exhibit 11: Global forklift battery market by construction 2015-2020 ($ millions)
Exhibit 12: Global forklift battery market by geography for 2015-2020
Exhibit 13: Global forklift battery market by geography 2015-2020
Exhibit 14: Forklift battery market in Americas 2015-2020 ($ billions)
Exhibit 15: Forklift battery market in EMEA 2015-2020 ($ billions)
Exhibit 16: Manufacturing PMI of various European countries
Exhibit 17: Forklift battery market in APAC 2015-2020 ($ billions)
Exhibit 18: Cost comparison of different types of forklifts
Exhibit 19: Various kinds of electric forklifts
Exhibit 20: Global forklift shipment by region 2008-2015 (units)
Exhibit 21: Impact of drivers
Exhibit 22: Major fuel cell technologies
Exhibit 23: Data on fuel cell technology based forklifts
Exhibit 24: Cost comparison of fuel cell and lead-acid battery in forklifts
Exhibit 25: Major projects that use fuel cell forklift in US
Exhibit 26: Impact of drivers and challenges
Exhibit 27: Comparison of capital cost of conventional forklift battery and fast charger
Exhibit 28: Cost and energy density of a typical battery 2012-2014
Exhibit 29: Forklift battery product portfolio
Exhibit 30: Exide Industries: Forklift battery product portfolio
Exhibit 31: Midac: Forklift battery product portfolio
Exhibit 32: Navitas Systems: Forklift battery product portfolio
Exhibit 33: SBS: Forklift battery product portfolio
Exhibit 34: CHLORIDE in global forklift batteries market
Exhibit 35: Trojan batteries in global forklift batteries market
Exhibit 36: Product classification for OPTIMA
Exhibit 37: Johnson Controls battery models
Exhibit 38: Forklift battery product portfolio