Global Forklift Battery Market Size, Share, Growth Analysis Report - Forecast 2034
Forklift Battery Market By Type (Lithium Ion (LI-ion), Lead Acid Battery, Others), By Application (Warehouses, Manufacturing, Construction, Retail and Wholesale Stores, Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 6.72 Billion | USD 12.93 Billion | 6.76% | 2024 |
Table Of Content
Table Of Figures
Table Of Tables
Methodology
FrequentlyAsked Questions
Forklift batteries are referred to the batteries that supply power to forklift trucks.
The global forklift battery market is expected to grow due to rising demand for electric forklifts, growth in warehouse automation, stricter emission regulations, and advancements in lithium-ion battery technology.
According to a study, the global forklift battery market size was worth around USD 6.72 Billion in 2024 and is expected to reach USD 12.93 Billion by 2034.
The global forklift battery market is expected to grow at a CAGR of 6.76% during the forecast period.
Asia-Pacific is expected to dominate the forklift battery market over the forecast period.
Leading players in the global forklift battery market include East Penn Manufacturing Company Inc., Zhejiang Narada Power Source Co Ltd, Flux Power, Trojan Battery Company LLC., GS Yuasa International Ltd., Iberdrola S.A., Amara Raja Batteries Ltd., Electrovaya, EnerSys, EXIDE INDUSTRIES LTD., among others.
The report explores crucial aspects of the forklift battery market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
RelatedNews
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed