Global Forklift Battery Market Forecast- Industry to Grow high by 2016-2020

About the Forklift Battery Market

 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.

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

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 Covered in this report

 The 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



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


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


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