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Los Angeles, CA -- (SBWIRE) -- 02/19/2019 -- Forklift batteries require high power and energy density. Lead-acid batteries were commonly used in forklifts. However, Li-ion batteries are also now being used in forklifts.
The warehousing application segment held the largest battery market share. According to this forklift battery industry research report, the segment will account for the maximum demand for warehousing forklifts, forklift chargers, and forklift batteries throughout the forecast period owing to the increasing number of warehouses across the globe, particularly, due to the continuous growth of the E-commerce industry.
The APAC dominated the market. Owing to the growing demand for batteries in emerging economies including China and India, this region will continue to dominate the market during the next few years as well.
The global Forklift Battery market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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This report focuses on Forklift Battery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Forklift Battery market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Exide Technologies
Saft
East Penn Manufacturing
EnerSys
Hoppecke Batterien
Johnson Controls
Crown Battery
Navitas System
Trojan Battery
Chloride Batteries
Storage Battery Systems
Segment by Type
Lead-Acid Battery
Li-Ion Battery
Other
Segment by Application
Warehousing
Manufacturing
Construction
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