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
• APAC
• EMEA
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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