Europe Forklift Market Report 2026: Surge in Electric, Digital, and Automated Forklifts Propels Growth Amid Sustainability and Efficiency Demands - Opportunity Analysis and Forecast to 2035

Europe's forklift market is projected to grow from USD 19.8 billion in 2025 to USD 32.6 billion by 2035 at a 5.2% CAGR, driven by increasing demand for electric, digital, and automated solutions. The shift toward sustainability, operational efficiency, and regulatory compliance is reshaping the market, with electric forklifts capturing 53% market share. Germany leads the region with 24% market share, supported by its advanced industrial ecosystem.

05/25/2026, 4:52 AM • GlobeNewswire

Electric Forklifts Business Report 2026: $124.33 Bn Market Trends, Opportunities, Competitive Analysis, and Long-term Forecasts, 2020-2025, 2025-2030F, 2035F

The global electric forklifts market is experiencing robust growth, projected to expand from $72.12 billion in 2025 to $80.42 billion in 2026, with a CAGR of 11.5%, reaching $124.23 billion by 2030. Key growth drivers include e-commerce expansion, warehouse automation, lithium-ion battery adoption, and sustainability mandates. Leading companies are innovating with electric pneumatic forklifts and pursuing strategic acquisitions to strengthen market positions.

03/06/2026, 4:51 AM • GlobeNewswire

Forklift Battery Business Report 2026: $38.5 Bn Market Trends, Opportunities, Competitive Analysis, and Long-term Forecasts, 2020-2025, 2025-2030F, 2035F

The forklift battery market is projected to grow from $27.08 billion in 2025 to $38.5 billion by 2030 at a CAGR of 7.5%, driven by e-commerce warehouse expansion, lithium-ion adoption, fleet electrification, and sustainability initiatives. Key growth factors include advanced battery technologies, rapid charging solutions, and domestic production shifts amid global trade changes. North America leads the market while Asia-Pacific shows rapid growth potential.

03/06/2026, 4:49 AM • GlobeNewswire

Forklift Truck Business Report 2026: $105.5+ Bn Market Trends, Opportunities, Competitive Analysis, and Long-term Forecasts, 2020-2025, 2025-2030F, 2035F

The global forklift truck market is experiencing robust growth, expanding from $73.34 billion in 2025 to $78.55 billion in 2026 at a 7.1% CAGR, with projections to reach $105.59 billion by 2030 at 7.7% CAGR. Key growth drivers include rising demand for autonomous and electric forklifts, e-commerce expansion, warehouse automation, and construction sector growth. Asia-Pacific dominates the market, with major innovations in electric pallet trucks and smart fleet management systems.

03/06/2026, 4:48 AM • GlobeNewswire

Forklift Market to Reach $141.32 Billion by 2032 as Automation and Electric Warehousing Reshape Global Logistics | MarketsandMarkets™

The global forklift market is projected to grow from USD 91.19 billion in 2025 to USD 141.32 billion by 2032 at a 6.5% CAGR, driven by e-commerce expansion, warehouse automation, and the shift toward electric and autonomous forklifts. Asia Pacific leads the market, while autonomous forklifts represent the fastest-growing segment with a 9.3% CAGR.

03/04/2026, 9:00 AM • GlobeNewswire

In-Plant Logistics Market Set for $19.5 Billion Growth Opportunity by 2028

The in-plant logistics market is projected to grow from $12.3 billion in 2023 to $19.5 billion by 2028, driven by increasing automation and advanced technologies in manufacturing facilities, with Asia Pacific expected to experience the highest growth rate.

08/21/2025, 8:00 AM • GlobeNewswire

Forklift Market worth $125.4 billion by 2030, Globally, at a CAGR Of 6.7%, Says MarketsandMarkets™

The global forklift market is expected to grow from $85.19 billion in 2024 to $125.42 billion by 2030, driven by e-commerce expansion, warehouse automation, and rising demand for electric and autonomous forklifts, with Asia Pacific leading market growth.

08/20/2025, 8:30 PM • GlobeNewswire