General Construction Products & Machinery · Direct
Monitoring · monthlyProcurement Category Intelligence
Forklifts
Overview
Market size
$35,800
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
5
tracked players
Signals
12
3 high severity
Market outlook
2031$43977
What changed
Demand by region
Asia Pacific demand42%
Europe demand26%
North America demand22%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Structural Steel and Metals30%
Batteries and Powertrain Systems25%
Manufacturing Labor and Assembly20%
Hydraulics and Electronic Components15%
Logistics and Freight10%
share of delivered cost (analyst estimate)