France Forklift Market Size & Outlook, 2024-2030
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France forklift market highlights
- The France forklift market generated a revenue of USD 3,818.8 million in 2024 and is expected to reach USD 7,155.3 million by 2030.
- The France market is expected to grow at a CAGR of 11% from 2025 to 2030.
- In terms of segment, electric was the largest revenue generating power source in 2024.
- Electric is the most lucrative power source segment registering the fastest growth during the forecast period.
Forklift market data book summary
| Market revenue in 2024 | USD 3,818.8 million |
| Market revenue in 2030 | USD 7,155.3 million |
| Growth rate | 11% (CAGR from 2024 to 2030) |
| Largest segment | Electric |
| Fastest growing segment | Electric |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Internal Combustion, Electric |
| Key market players worldwide | Doosan Heavy Industries & Construction, Crown Holdings Inc, Hyster-Yale Materials Handling Inc Class A, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, KION GROUP AG, Komatsu Ltd, Mitsubishi Corp, Toyota Motor Corp, Anhui Heli, Hangcha Forklift America |
Other key industry trends
- In terms of revenue, France accounted for 5.3% of the global forklift market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany forklift market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 14,186.3 million by 2030.
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Forklift Market Scope
Forklift Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hangcha Forklift America | View profile | 11-50 | Charlotte, North Carolina, United States, North America | http://www.hcforkliftamerica.com |
| Anhui Heli | View profile | 5001-10000 | Hefei, Anhui, China, Asia | http://www.helichina.com |
| Doosan Heavy Industries & Construction | View profile | 5001-10000 | Changwon, Kyongsang-namdo, South Korea, Asia | http://www.doosanheavy.com/ |
| Hyster-Yale Materials Handling Inc Class A | View profile | 8600 | 5875 Landerbrook Drive, Suite 300, Cleveland, OH, United States, 44124-4069 | https://www.hyster-yale.com |
| Crown Holdings Inc | View profile | 25000 | 14025 Riveredge Drive, Suite 300, Tampa, FL, United States, 33637-2015 | https://www.crowncork.com |
| Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos | View profile | 48492 | Friedrich-Ebert-Damm 129, Hamburg, Germany, 22047 | https://www.jungheinrich.com |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
| Toyota Motor Corp | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
France forklift market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to forklift market will help companies and investors design strategic landscapes.
Electric was the largest segment with a revenue share of 87.97% in 2024. Horizon Databook has segmented the France forklift market based on internal combustion, electric covering the revenue growth of each sub-segment from 2018 to 2030.
France forklift market The French government is actively supporting the adoption of electric forklifts by introducing various incentives and initiatives. Financial benefits such as grants, subsidies, and tax incentives are encouraging end-use industries to invest in electric material handling equipment.
The support from the government and the clear policy direction further accelerate the adoption of electric forklifts, making them an attractive choice for companies that are focusing on inculcating eco-friendly practices in operations.
For instance, in May 2023, as part of a larger strategy to encourage environment-friendly business practices and increase France's competitiveness, Emmanuel Macron, the President of France, stated that the French government is considering restricting incentives for buying new Electric Vehicles (EVs) to those manufactured in Europe.
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Horizon Databook provides a detailed overview of country-level data and insights on the France forklift market , including forecasts for subscribers. This country databook contains high-level insights into France forklift market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France Electric - Forklift Market, 2024 - 2030 (US$M)
France Forklift Market Outlook Share, 2024 & 2030 (US$M)
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