Global Forklift Battery Market Analysis, Trends & Forecast 2018-2022, With an Estimated CAGR of 8.86% - ResearchAndMarkets.com

DUBLIN--()--The "Global Forklift Battery Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global forklift battery market to grow at a CAGR of 8.86% during the period 2018-2022.

Forklift batteries require high power and energy density. Lead-acid batteries were commonly used in forklifts. However, Li-ion batteries are also now being used in forklifts.

One trend in the market is legislative support for battery recycling. Several forklift battery manufacturers in the US are collaborating with each other to establish the Corporation for Battery Recycling (CBR) to support battery recycling for future use. Similarly, the European Union has imposed stringent restrictions for battery recycling.

One driver in the market is increasing demand for electric forklift applications. Owing to their low GHG emissions and noise levels, various end-user industries including paper printing, automotive, food and beverages, logistics, and others have increased the use of electric or battery-powered forklifts.

The report states that one challenge in the market is replacement of electric forklifts with fuel cell forklifts. Forklift batteries are used in warehouses, which operate three to four shifts every day. These batteries must be replaced or charged more than once a day, which causes delays in the operations of warehouses.

Companies Mentioned

  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • HOPPECKE Batterien
  • Saft

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Application

8: Market Segmentation By Battery Type

9: Customer Landscape

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/dpjhss/global_forklift?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Battery Technology, Forklifts

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Battery Technology, Forklifts