Summary

The global Lithium-ion Electric Counterbalanced Forklifts market size is predicted to grow from US$ 4214 million in 2025 to US$ 5540 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

A lithium-ion electric counterbalanced forklift refers to an electric forklift that uses a lithium-ion battery as its power source. It primarily consists of a power unit, chassis, working equipment, and electrical appliances. The forklift is equipped with lifting forks at the front and a counterweight at the rear. It operates by using the lithium-ion battery to drive the motor, which powers the movement of the forklift and the lifting and lowering of the forks. It maintains balance and stability during the lifting and transportation of loads through the vehicle's weight and the counterweight at the rear, enabling the transfer of goods. This type of forklift has extensive applications in the logistics and warehousing industry.
United States market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Lithium-ion Electric Counterbalanced Forklifts is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Lithium-ion Electric Counterbalanced Forklifts players cover Bobcat Company (Doosan), Crown Equipment Corporation, TCM, Kalmar, Linde Material Handling, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Lithium-ion Electric Counterbalanced Forklifts Industry Forecast” looks at past sales and reviews total world Lithium-ion Electric Counterbalanced Forklifts sales in 2024, providing a comprehensive analysis by region and market sector of projected Lithium-ion Electric Counterbalanced Forklifts sales for 2025 through 2031. With Lithium-ion Electric Counterbalanced Forklifts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium-ion Electric Counterbalanced Forklifts industry.
This Insight Report provides a comprehensive analysis of the global Lithium-ion Electric Counterbalanced Forklifts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium-ion Electric Counterbalanced Forklifts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium-ion Electric Counterbalanced Forklifts market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-ion Electric Counterbalanced Forklifts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium-ion Electric Counterbalanced Forklifts.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-ion Electric Counterbalanced Forklifts market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lifting Weight: Less than 2 tons
Lifting Weight: 2-5 tons
Lifting Weight: More than 5 tons
Segmentation by Application:
Industrial Manufacturing
Warehouse and Logistics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Bobcat Company (Doosan)
Crown Equipment Corporation
TCM
Kalmar
Linde Material Handling
Toyota Material Handling
The Raymond Corporation
EP Equipment
Jungheinrich AG
MITSUBISHI LOGISNEXT EUROPE B.V.
Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA)
Greenpower
BYD
Hyster-Yale Materials Handling, Inc.
Lifmex
HOPPER
HANGCHA
HELI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithium-ion Electric Counterbalanced Forklifts market?
What factors are driving Lithium-ion Electric Counterbalanced Forklifts market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithium-ion Electric Counterbalanced Forklifts market opportunities vary by end market size?
How does Lithium-ion Electric Counterbalanced Forklifts break out by Type, by Application?

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Table of Contents

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lithium-ion Electric Counterbalanced Forklifts Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Lithium-ion Electric Counterbalanced Forklifts by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Lithium-ion Electric Counterbalanced Forklifts by Country/Region, 2020, 2024 & 2031
2.2 Lithium-ion Electric Counterbalanced Forklifts Segment by Type
2.2.1 Lifting Weight: Less than 2 tons
2.2.2 Lifting Weight: 2-5 tons
2.2.3 Lifting Weight: More than 5 tons
2.3 Lithium-ion Electric Counterbalanced Forklifts Sales by Type
2.3.1 Global Lithium-ion Electric Counterbalanced Forklifts Sales Market Share by Type (2020-2025)
2.3.2 Global Lithium-ion Electric Counterbalanced Forklifts Revenue and Market Share by Type (2020-2025)
2.3.3 Global Lithium-ion Electric Counterbalanced Forklifts Sale Price by Type (2020-2025)
2.4 Lithium-ion Electric Counterbalanced Forklifts Segment by Application
2.4.1 Industrial Manufacturing
2.4.2 Warehouse and Logistics
2.4.3 Others
2.5 Lithium-ion Electric Counterbalanced Forklifts Sales by Application
2.5.1 Global Lithium-ion Electric Counterbalanced Forklifts Sale Market Share by Application (2020-2025)
2.5.2 Global Lithium-ion Electric Counterbalanced Forklifts Revenue and Market Share by Application (2020-2025)
2.5.3 Global Lithium-ion Electric Counterbalanced Forklifts Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Lithium-ion Electric Counterbalanced Forklifts Breakdown Data by Company
3.1.1 Global Lithium-ion Electric Counterbalanced Forklifts Annual Sales by Company (2020-2025)
3.1.2 Global Lithium-ion Electric Counterbalanced Forklifts Sales Market Share by Company (2020-2025)
3.2 Global Lithium-ion Electric Counterbalanced Forklifts Annual Revenue by Company (2020-2025)
3.2.1 Global Lithium-ion Electric Counterbalanced Forklifts Revenue by Company (2020-2025)
3.2.2 Global Lithium-ion Electric Counterbalanced Forklifts Revenue Market Share by Company (2020-2025)
3.3 Global Lithium-ion Electric Counterbalanced Forklifts Sale Price by Company
3.4 Key Manufacturers Lithium-ion Electric Counterbalanced Forklifts Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Lithium-ion Electric Counterbalanced Forklifts Product Location Distribution
3.4.2 Players Lithium-ion Electric Counterbalanced Forklifts Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Lithium-ion Electric Counterbalanced Forklifts by Geographic Region
4.1 World Historic Lithium-ion Electric Counterbalanced Forklifts Market Size by Geographic Region (2020-2025)
4.1.1 Global Lithium-ion Electric Counterbalanced Forklifts Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Lithium-ion Electric Counterbalanced Forklifts Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Lithium-ion Electric Counterbalanced Forklifts Market Size by Country/Region (2020-2025)
4.2.1 Global Lithium-ion Electric Counterbalanced Forklifts Annual Sales by Country/Region (2020-2025)
4.2.2 Global Lithium-ion Electric Counterbalanced Forklifts Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lithium-ion Electric Counterbalanced Forklifts Sales Growth
4.4 APAC Lithium-ion Electric Counterbalanced Forklifts Sales Growth
4.5 Europe Lithium-ion Electric Counterbalanced Forklifts Sales Growth
4.6 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts Sales Growth
5 Americas
5.1 Americas Lithium-ion Electric Counterbalanced Forklifts Sales by Country
5.1.1 Americas Lithium-ion Electric Counterbalanced Forklifts Sales by Country (2020-2025)
5.1.2 Americas Lithium-ion Electric Counterbalanced Forklifts Revenue by Country (2020-2025)
5.2 Americas Lithium-ion Electric Counterbalanced Forklifts Sales by Type (2020-2025)
5.3 Americas Lithium-ion Electric Counterbalanced Forklifts Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lithium-ion Electric Counterbalanced Forklifts Sales by Region
6.1.1 APAC Lithium-ion Electric Counterbalanced Forklifts Sales by Region (2020-2025)
6.1.2 APAC Lithium-ion Electric Counterbalanced Forklifts Revenue by Region (2020-2025)
6.2 APAC Lithium-ion Electric Counterbalanced Forklifts Sales by Type (2020-2025)
6.3 APAC Lithium-ion Electric Counterbalanced Forklifts Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Lithium-ion Electric Counterbalanced Forklifts by Country
7.1.1 Europe Lithium-ion Electric Counterbalanced Forklifts Sales by Country (2020-2025)
7.1.2 Europe Lithium-ion Electric Counterbalanced Forklifts Revenue by Country (2020-2025)
7.2 Europe Lithium-ion Electric Counterbalanced Forklifts Sales by Type (2020-2025)
7.3 Europe Lithium-ion Electric Counterbalanced Forklifts Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts by Country
8.1.1 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts Sales by Country (2020-2025)
8.1.2 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts Revenue by Country (2020-2025)
8.2 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts Sales by Type (2020-2025)
8.3 Middle East & Africa Lithium-ion Electric Counterbalanced Forklifts Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Lithium-ion Electric Counterbalanced Forklifts
10.3 Manufacturing Process Analysis of Lithium-ion Electric Counterbalanced Forklifts
10.4 Industry Chain Structure of Lithium-ion Electric Counterbalanced Forklifts
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Lithium-ion Electric Counterbalanced Forklifts Distributors
11.3 Lithium-ion Electric Counterbalanced Forklifts Customer
12 World Forecast Review for Lithium-ion Electric Counterbalanced Forklifts by Geographic Region
12.1 Global Lithium-ion Electric Counterbalanced Forklifts Market Size Forecast by Region
12.1.1 Global Lithium-ion Electric Counterbalanced Forklifts Forecast by Region (2026-2031)
12.1.2 Global Lithium-ion Electric Counterbalanced Forklifts Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Lithium-ion Electric Counterbalanced Forklifts Forecast by Type (2026-2031)
12.7 Global Lithium-ion Electric Counterbalanced Forklifts Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Bobcat Company (Doosan)
13.1.1 Bobcat Company (Doosan) Company Information
13.1.2 Bobcat Company (Doosan) Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.1.3 Bobcat Company (Doosan) Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Bobcat Company (Doosan) Main Business Overview
13.1.5 Bobcat Company (Doosan) Latest Developments
13.2 Crown Equipment Corporation
13.2.1 Crown Equipment Corporation Company Information
13.2.2 Crown Equipment Corporation Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.2.3 Crown Equipment Corporation Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Crown Equipment Corporation Main Business Overview
13.2.5 Crown Equipment Corporation Latest Developments
13.3 TCM
13.3.1 TCM Company Information
13.3.2 TCM Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.3.3 TCM Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 TCM Main Business Overview
13.3.5 TCM Latest Developments
13.4 Kalmar
13.4.1 Kalmar Company Information
13.4.2 Kalmar Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.4.3 Kalmar Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Kalmar Main Business Overview
13.4.5 Kalmar Latest Developments
13.5 Linde Material Handling
13.5.1 Linde Material Handling Company Information
13.5.2 Linde Material Handling Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.5.3 Linde Material Handling Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Linde Material Handling Main Business Overview
13.5.5 Linde Material Handling Latest Developments
13.6 Toyota Material Handling
13.6.1 Toyota Material Handling Company Information
13.6.2 Toyota Material Handling Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.6.3 Toyota Material Handling Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Toyota Material Handling Main Business Overview
13.6.5 Toyota Material Handling Latest Developments
13.7 The Raymond Corporation
13.7.1 The Raymond Corporation Company Information
13.7.2 The Raymond Corporation Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.7.3 The Raymond Corporation Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 The Raymond Corporation Main Business Overview
13.7.5 The Raymond Corporation Latest Developments
13.8 EP Equipment
13.8.1 EP Equipment Company Information
13.8.2 EP Equipment Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.8.3 EP Equipment Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 EP Equipment Main Business Overview
13.8.5 EP Equipment Latest Developments
13.9 Jungheinrich AG
13.9.1 Jungheinrich AG Company Information
13.9.2 Jungheinrich AG Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.9.3 Jungheinrich AG Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Jungheinrich AG Main Business Overview
13.9.5 Jungheinrich AG Latest Developments
13.10 MITSUBISHI LOGISNEXT EUROPE B.V.
13.10.1 MITSUBISHI LOGISNEXT EUROPE B.V. Company Information
13.10.2 MITSUBISHI LOGISNEXT EUROPE B.V. Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.10.3 MITSUBISHI LOGISNEXT EUROPE B.V. Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 MITSUBISHI LOGISNEXT EUROPE B.V. Main Business Overview
13.10.5 MITSUBISHI LOGISNEXT EUROPE B.V. Latest Developments
13.11 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA)
13.11.1 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA) Company Information
13.11.2 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA) Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.11.3 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA) Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA) Main Business Overview
13.11.5 Hefei Banyitong Science & Technology Developing Co., Ltd. (MiMA) Latest Developments
13.12 Greenpower
13.12.1 Greenpower Company Information
13.12.2 Greenpower Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.12.3 Greenpower Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Greenpower Main Business Overview
13.12.5 Greenpower Latest Developments
13.13 BYD
13.13.1 BYD Company Information
13.13.2 BYD Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.13.3 BYD Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 BYD Main Business Overview
13.13.5 BYD Latest Developments
13.14 Hyster-Yale Materials Handling, Inc.
13.14.1 Hyster-Yale Materials Handling, Inc. Company Information
13.14.2 Hyster-Yale Materials Handling, Inc. Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.14.3 Hyster-Yale Materials Handling, Inc. Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Hyster-Yale Materials Handling, Inc. Main Business Overview
13.14.5 Hyster-Yale Materials Handling, Inc. Latest Developments
13.15 Lifmex
13.15.1 Lifmex Company Information
13.15.2 Lifmex Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.15.3 Lifmex Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Lifmex Main Business Overview
13.15.5 Lifmex Latest Developments
13.16 HOPPER
13.16.1 HOPPER Company Information
13.16.2 HOPPER Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.16.3 HOPPER Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 HOPPER Main Business Overview
13.16.5 HOPPER Latest Developments
13.17 HANGCHA
13.17.1 HANGCHA Company Information
13.17.2 HANGCHA Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.17.3 HANGCHA Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 HANGCHA Main Business Overview
13.17.5 HANGCHA Latest Developments
13.18 HELI
13.18.1 HELI Company Information
13.18.2 HELI Lithium-ion Electric Counterbalanced Forklifts Product Portfolios and Specifications
13.18.3 HELI Lithium-ion Electric Counterbalanced Forklifts Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 HELI Main Business Overview
13.18.5 HELI Latest Developments
14 Research Findings and Conclusion