The demand for forklifts and manual hydraulic trucks will continue to grow in 2025. The rapid development of the logistics industry and e-commerce is the main factor driving the growth in demand for forklifts. Especially in the sub-segments such as small warehouses and retail supermarkets, manual hydraulic forklifts have won wide recognition in the market with their advantages such as simple operation, low maintenance cost and strong adaptability. In addition, the demand for forklifts is also growing worldwide, and emerging markets are showing a rapid growth trend.
Reasons for the growth in market demand
Development of logistics and e-commerce: With the prosperity of e-commerce and the increase in logistics demand, the demand for forklifts will continue to grow.
The rise of emerging markets: In some developed countries and regions, the forklift market is relatively mature, but emerging markets such as the Asia-Pacific region show strong growth potential, thanks to strong demand in the material handling and mining industries.
Policy support: my country's policies encourage the forklift manufacturing industry to develop in the direction of intelligence and digitalization, improve the level of intelligence, and encourage environmentally friendly new energy forklift products, which will further promote market demand.
Industry development trends
Intelligence and digitalization: With the advancement of technology, the application of intelligent technologies such as sensors and Internet technologies will drive the forklift industry to develop in a more intelligent and efficient direction.
Environmentally friendly new energy forklifts: Policies encourage the development of electric forklifts, and it is expected that the proportion of electric forklifts will reach more than 65% in 2025.
Diversified applications: The application areas of manual hydraulic forklifts will extend from the traditional warehousing industry to manufacturing, construction, retail and other fields.