Italy Forklift Market Size & Outlook, 2024-2030

The forklift market in Italy is expected to reach a projected revenue of US$ 2,516.9 million by 2030. A compound annual growth rate of 10.8% is expected of Italy forklift market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,381.7
Forecast, 2030 (US$M)
$2,516.9
CAGR, 2025 - 2030
10.8%
Report Coverage
Italy

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Italy forklift market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Italy forklift market highlights

  • The Italy forklift market generated a revenue of USD 1,381.7 million in 2024 and is expected to reach USD 2,516.9 million by 2030.
  • The Italy market is expected to grow at a CAGR of 10.5% 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 2024USD 1,381.7 million
Market revenue in 2030USD 2,516.9 million
Growth rate10.5% (CAGR from 2024 to 2030)
Largest segmentElectric
Fastest growing segmentElectric
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInternal Combustion, Electric
Key market players worldwideDoosan 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, Italy accounted for 1.9% 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

Italy 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 80% in 2024. Horizon Databook has segmented the Italy forklift market based on internal combustion, electric covering the revenue growth of each sub-segment from 2018 to 2030.


In Italy, several end-use industries, such as chemical, logistics, and textile, have diverse material handling requirements for storing, shipping, and moving products. Forklifts offer excellent adaptability and versatility to cater to these varying needs. 

Forklifts can handle a wide range of tasks, from indoor warehousing and manufacturing facilities to outdoor loading and unloading operations, offering flexibility and efficiency to industries with diverse operational demands. 

For instance, in April 2023, Linde Material Handling, a subsidiary of KION Group AG, announced the launch of Linde X and E models for electric forklifts with a load capacity range of 3.5 tons – 5 tons. These electric forklifts are suitable for applications in the chemical, timber, beverage, and paper industries.

Reasons to subscribe to Italy forklift market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Italy forklift market databook

  • Our clientele includes a mix of forklift market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Italy forklift market , including forecasts for subscribers. This country databook contains high-level insights into Italy forklift market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Italy Electric - Forklift Market, 2024 - 2030 (US$M)

Italy Forklift Market Outlook Share, 2024 & 2030 (US$M)

Italy Electric - Forklift Market, 2024 - 2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online