Asia Pacific (APAC) Industrial Vehicles Market (2020-2026)

Market Forecast by Drive Type (battery-owned, gas-powered and internal combustion engine), by Application (industrial and cargo), by Product Type (aisle truck, tow tractor, container handler and forklift), By Countries (India, South Korea, China, Japan and Rest of Asia Pacific) and Competitive Landscape

Product Code: ETC054816 Publication Date: Apr 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific Industrial Vehicles Market is expected to witness growth over the coming years. The increase in industrialization in Asia Pacific region has led to an increase in the establishment of warehouse management for e-commerce and various other manufacturing industries are helping in the growth of the industrial vehicles market. Furthermore, the increase in demand for industrial vehicles, which offers a solution to material and equipment handling in a fast and effortless way while working independently is driving the industrial vehicles market.  Furthermore, digitalization in Asia Pacific region has led to the rapid expansion of the e-commerce sector and the introduction of new factories across the region is another major driver in the growth of the market. Asia-Pacific market is expected to be the largest market with the highest market share of the global Industrial vehicles market by value and volume. Additionally, with governments across the region taking several steps to boost industrial vehicles, the market expected to grow at a faster rate.

According to 6Wresearch, Asia Pacific (APAC) Industrial Vehicles Market size is anticipated to register growth during 2020-26. Asia-Pacific region is likely to lead the industrial vehicles market as well as have the highest market share as it comprises some of the fastest emerging economies all over the world. China, India, Japan, South Korea and other key countries are the key contributors to the growth of the industrial vehicles market. Further, the increased number of warehouses and technological advancements in Asia Pacific regions has welcomed many companies which have fuelled the growth of the industrial vehicles market. Additionally, a favourable government policy that helps in setting up new warehouses for companies in Asia Pacific regions are helping in the growth of the industrial vehicles market. However, the high installation cost is one of the major factors preventing manufacturers from entering Asia-Pacific market, particularly in countries such as India and China. Moreover, the Covid-19 pandemic has affected the industrial vehicles market due to the shutting of businesses, flights, production.

Based on product type, Asia Pacific market is bifurcated into aisle trucks, forklifts, container handlers, and tow tractors. The forklifts segment is dominating the market as it is cheaper to operate as they cost less for fuel, require lower maintenance based on the drive type,  The ICE segment holds the largest share in the industrial vehicles market due to better acceleration, lift speeds and lower maintenance costs.

Asia Pacific Industrial Vehicles Market report thoroughly covers the market by product type, drive type, application and countries including China, India, Japan, South Korea, Australia and the rest of Asia Pacific. Asia Pacific industrial vehicles market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

  • Asia Pacific Industrial Vehicles Market Outlook
  • Asia Pacific Industrial Vehicles Market Overview
  • Asia Pacific Industrial Vehicles Market Forecast
  • Historical Data for the period 2016-2019 and Market Forecast of Asia Pacific Industrial Vehicles Market Revenues until 2026
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Drive Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for China Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Korea Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for India and Asia Pacific Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Japan Industrial Vehicles Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Asia Pacific Industrial Vehicles Market
  • Market Drivers and Restraints
  • Asia Pacific Industrial Vehicles Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Asia Pacific Industrial Vehicles Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

  • By Drive Type:
    • Internal Combustion Engine
    • Battery-operated
    • Gas-powered
  • By Application:
    • Industrial
    • Cargo
  • By Product Type:
    • Forklift
    • Tow Truck
    • Aisle Truck
    • Container Handler
  • By Countries:
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific

1. Executive Summary

2. Introduction

2.1. Key Highlights of the Report

2.2. Report Description

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. Asia Pacific Industrial Vehicles Overview

3.1. Asia Pacific Industrial Vehicles Revenues, 2019 & 2026F

3.2. Asia Pacific Industrial Vehicles - Industry Life Cycle

3.3. Asia Pacific Industrial Vehicles - Porter's Five Forces

3.4. Asia Pacific Industrial Vehicles Revenue Share, By Drive Type, 2019 & 2026F

3.5. Asia Pacific Industrial Vehicles Revenue Share, By Product Type, 2019 & 2026F

3.6. Asia Pacific Industrial Vehicles Revenue Share, By Application, 2019 & 2026F

3.7. Asia Pacific Industrial Vehicles Revenue Share, By Countries, 2019 & 2026F

4. Asia Pacific Industrial Vehicles Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Asia Pacific Industrial Vehicles Trends

6. Asia Pacific Industrial Vehicles, By Drive Type

6.1. Asia Pacific Industrial Vehicles, By Drive Type

6.1.1. Overview and Analysis

6.1.2. Asia Pacific Industrial Vehicles Revenues, By Internal Combustion Engine, 2016 - 2026F

6.1.3. Asia Pacific Industrial Vehicles Revenues, By Battery-operated, 2016 - 2026F

6.1.4. Asia Pacific Industrial Vehicles Revenues, By Gas-powered, 2016 - 2026F

7. Asia Pacific Industrial Vehicles, By Product Type

7.1. Asia Pacific Industrial Vehicles, By Product Type

7.1.1. Overview and Analysis

7.1.2. Asia Pacific Industrial Vehicles Revenues, By Forklift, 2016 - 2026F

7.1.3. Asia Pacific Industrial Vehicles Revenues, By Aisle Truck, 2016 - 2026F

7.1.4. Asia Pacific Industrial Vehicles Revenues, By Tow Tractor, 2016 - 2026F

7.1.5. Asia Pacific Industrial Vehicles Revenues, By Container Handler, 2016 - 2026F

8. Asia Pacific Industrial Vehicles, By Application

8.1. Asia Pacific Industrial Vehicles, By Application

8.1.1. Overview and Analysis

8.1.2. Asia Pacific Industrial Vehicles Revenues, By Industrial, 2016 - 2026F

8.1.3. Asia Pacific Industrial Vehicles Revenues, By Cargo, 2016 - 2026F

10. India Industrial Vehicles

10.1. India Industrial Vehicles, By Drive Type

10.2. India Industrial Vehicles, By Product Type

10.3. India Industrial Vehicles, By Application

10.4. India Industrial Vehicles, By Countries

11. China Industrial Vehicles

11.1. China Industrial Vehicles, By Drive Type

11.2. China Industrial Vehicles, By Product Type

11.3. China Industrial Vehicles, By Application

11.4. China Industrial Vehicles, By Countries

12. Japan Industrial Vehicles

12.1. Japan Industrial Vehicles, By Drive Type

12.2. Japan Industrial Vehicles, By Product Type

12.3. Japan Industrial Vehicles, By Application

12.4. Japan Industrial Vehicles, By Countries

13. South Korea Industrial Vehicles

13.1. South Korea Industrial Vehicles, By Drive Type

13.2. South Korea Industrial Vehicles, By Product Type

13.3. South Korea Industrial Vehicles, By Application

13.4. South Korea Industrial Vehicles, By Countries

14. Rest of Asia Pacific Industrial Vehicles

14.1. Rest of Asia Pacific Industrial Vehicles Overview

15. Asia Pacific Industrial Vehicles Import-Export Trade Statistics

15.1. Asia Pacific Industrial Vehicles Export to Major Countries

15.2. Asia Pacific Industrial Vehicles Imports from Major Countries

16. Asia Pacific Industrial Vehicles Key Performance Indicators

17. Asia Pacific Industrial Vehicles - Opportunity Assessment

17.1. Asia Pacific Industrial Vehicles Opportunity Assessment, By Drive Type, 2019 & 2026F

17.2. Asia Pacific Industrial Vehicles Opportunity Assessment, By Product Type, 2019 & 2026F

18. Asia Pacific Industrial Vehicles - Competitive Landscape

18.1. Asia Pacific Industrial Vehicles Revenue Share, By Companies, 2019

18.2. Asia Pacific Industrial Vehicles Competitive Benchmarking, By Operating and Technical Parameters

19. Company Profiles

20. Recommendations

21. Disclaimer

North America Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (United States, Canada) And Competitive Landscape

Latin America Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (Mexico, Chile, Brazil, Argentina And Rest Of Latin America) And Competitive Landscape

Europe Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (United Kingdom, Germany, Italy, France And Rest Of Europe) And Competitive Landscape

Middle East Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (Qatar, Saudi Arabia, Bahrain, UAE And Rest Of Middle East) And Competitive Landscape

Africa Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Countries (South Africa, Ghana, Kenya, Nigeria And Rest Of Africa) And Competitive Landscape

Global Industrial Vehicles Market (2020-2026): Market Forecast By Drive Type (Battery-Owned, Gas-Powered And Internal Combustion Engine), By Application (Industrial And Cargo), By Product Type (Aisle Truck, Tow Tractor, Container Handler And Forklift), By Regions (Middle East, Europe, Africa, Asia Pacific, North America And Latin America) And Competitive Landscape

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