Press release
Lithium-ion Forklift Battery Market : Revenue Share, Insights & Future Outlook
What Is Driving the Growth of the Global Lithium-ion Forklift Battery Market?The global market for Lithium-ion Forklift Battery was valued at US$ 446 million in 2024 and is projected to reach US$ 608 million by 2031, growing at a CAGR of 4.6% during the forecast period. Growth is driven by strong downstream demand from new energy vehicles and industrial applications. China's lithium-ion battery policies and standards, along with rapid adoption of electric forklifts in warehouses, factories, and distribution centers, are further accelerating market expansion.
How Is Regional Adoption Shaping the Lithium-ion Forklift Battery Industry?
In 2022, global sales of new energy vehicles reached 10.8 million units, a year-on-year increase of 61.6%. China accounted for 6.8 million units, capturing 63.6% of the global share, with a Q4 penetration rate of 27% compared to 15% globally, 19% in Europe, and 6% in North America. China's lithium-ion battery production reached 750 GWh in 2022, with energy storage batteries exceeding 100 GWh. This regional adoption strongly supports lithium-ion forklift battery demand, particularly in Asia-Pacific.
Download Free Data: https://reports.valuates.com/request/sample/QYRE-Auto-16W12218/Global_Lithium_ion_Forklift_Battery_Market_Research_Report_2022?utm_source=Openpr&utm_medium=Referral
Who Are the Key Players in the Lithium-ion Forklift Battery Market?
Major global manufacturers include Toyota Material Handling, JB BATTERY, EnerSys, Hitachi Chemical, GS Yuasa, Hoppecke, East Penn Manufacturing, Exide Technologies, MIDAC, SYSTEMS SUNLIGHT, ECOBAT Battery Technologies, Triathlon Batterien GmbH, Crown Battery, Amara Raja, Storage Battery Systems, LLC, BAE Batterien, and Banner Batteries.
• Toyota Material Handling specializes in advanced forklift battery systems for industrial applications.
• JB BATTERY focuses on high-performance lithium-ion batteries for warehouse and distribution applications.
• EnerSys delivers industrial batteries for energy storage and material handling.
• Hitachi Chemical provides innovative lithium-ion battery solutions for logistics and industrial vehicles.
• GS Yuasa manufactures long-life lithium-ion batteries for forklifts and EV applications.
• Hoppecke offers high-quality energy storage batteries for industrial and commercial use.
• East Penn Manufacturing specializes in lead and lithium-ion batteries for industrial applications.
• Exide Technologies develops advanced lithium-ion solutions for material handling fleets.
• MIDAC provides industrial batteries with a focus on efficiency and durability.
• SYSTEMS SUNLIGHT delivers customized lithium-ion batteries for warehouse automation.
• ECOBAT Battery Technologies focuses on sustainable industrial battery solutions.
• Triathlon Batterien GmbH produces high-performance lithium-ion forklift batteries.
• Crown Battery offers reliable and efficient battery systems for warehouses and factories.
• Amara Raja specializes in industrial energy storage and lithium-ion batteries.
• Storage Battery Systems, LLC provides custom lithium-ion battery solutions for logistics.
• BAE Batterien delivers advanced energy solutions for industrial vehicles.
• Banner Batteries manufactures industrial lithium-ion batteries for high-performance applications.
By Type:
• 24V
• 48V
• Others
By Application:
• Warehouses
• Factories
• Distribution Centers
• Others
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-16W12218/global-lithium-ion-forklift-battery?utm_source=Openpr&utm_medium=Referral
Email Id:
Please reach us at sales@valuates.com
Address:
Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lithium-ion Forklift Battery Market : Revenue Share, Insights & Future Outlook here
News-ID: 4204448 • Views: …
More Releases from Valuates Reports
Liquid Hydrogen Gas Storage Tank Market Set to Surge - Key Insights You Must Kno …
Liquid Hydrogen Gas Storage Tank Market
The global market for Liquid Hydrogen Gas Storage Tank was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-20J14065/Global_Liquid_Hydrogen_Gas_Storage_Tank_Market_Research_Report_2023
Liquid hydrogen storage tank is a special storage container designed to store liquid hydrogen at extremely low temperature and high pressure. Liquid hydrogen…
Single Wafer Cleaning Systems Market Set to Surge - Key Insights You Must Know
Single Wafer Cleaning Systems Market Size
The global market for Single Wafer Cleaning Systems was valued at US$ 2438 million in the year 2024 and is projected to reach a revised size of US$ 3051 million by 2031, growing at a CAGR of 3.3% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-24Y3532/Global_Single_Wafer_Cleaning_Systems_Market_Insights_Forecast_to_2028
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for…
Batch Wafer Cleaning Equipment Market Set to Surge - Key Insights You Must Know
Batch Wafer Cleaning Equipment Market Size
The global market for Batch Wafer Cleaning Equipment was valued at US$ 1205 million in the year 2024 and is projected to reach a revised size of US$ 1523 million by 2031, growing at a CAGR of 3.5% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-34I9381/Global_Batch_Wafer_Cleaning_Equipment_Market_Research_Report_2022
Global key players of Batch Wafer Cleaning Equipment include TEL, SCREEN Semiconductor Solutions, J.E.T. CO., LTD., ACM Research, KCTECH, etc. The…
Automatic Silicon Wafer Cleaning Equipment Market Set to Surge - Key Insights Yo …
Automatic Silicon Wafer Cleaning Equipment Market Size
The global market for Automatic Silicon Wafer Cleaning Equipment was valued at US$ 779 million in the year 2024 and is projected to reach a revised size of US$ 1028 million by 2031, growing at a CAGR of 4.1% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-24M13824/Global_Automatic_Silicon_Wafer_Cleaning_Equipment_Market_Research_Report_2023
According to our Semiconductor Research Center, in 2022, the global semiconductor equipment was valued at US$ 109 billion. China…
More Releases for Battery
Thin Film Micro Battery Market, By Rechargeability (Primary Battery, Secondary B …
The thin film micro battery market is expected to witness market growth at a rate of 30.9% in the forecast period of 2022 to 2029. Data Bridge Market Research report on thin film micro battery market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for the Internet of Things (IoT)…
Deep Cycle Gel Battery Market 2022 Analysis by Top Leading Players | Trojan Batt …
The Deep Cycle Gel Battery Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the Deep Cycle Gel Battery market. The Deep Cycle Gel Battery Market is projected to succeed at a CAGR of…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
