Brief Analysis of the Development History and Trend of Domestic Forklift Truck Industry

Forklifts play a very important role in the "material handling equipments" and are efficient equipment for mechanized loading and unloading, stacking and short distance transportation. According to effective data statistics, from 2015 to 2021, the sales volume of forklifts nationwide has increased year by year, with a growth rate of more than 30%. In 2021, the sales volume of forklifts will be 1.0994 million, with a year-on-year growth of about 37%.

From the perspective of the whole forklift industry, electrification, intelligence and industry centralization will become the three major development trends of the industry.

Forklifts develop rapidly in the 20th and 21st century

Forklift refers to various wheeled transport vehicles that load, unload, stack and transport pallet goods in short distance. From the perspective of the development of the global forklift manufacturing industry, it is mainly divided into three stages:

1. Production innovation stage (the first half of the 20th century): In 1924, Clark of the United States designed a standard forklift named Duat, and then Heist, Rudolf, Yale, Towne and other enterprises successively invented and produced electric forklifts, straddle type forklifts, BT type forklifts and other different types of forklifts, and the variety of forklift products expanded rapidly.

2. Rapid development stage (the middle and late 20th century): during World War II, compared with manual handling, forklift truck greatly improved the handling efficiency of the airport, so it was widely used in the war. After World War II, with the rapid development of the world automobile industry, the technology and sales volume of Youche have developed rapidly, and three major forklift production bases in the United States, Germany and Japan have gradually formed.

3. Manufacturing industry transfer stage (from the end of the 20th century to the beginning of the 21st century): the manufacturing industry has transferred to developing countries, and the global forklift manufacturing industry has begun to transfer to China and other developing countries. China's forklift manufacturing industry has risen rapidly and started to seize the market in the international market.

Rapid growth trend of electric forklift

In recent years, driven by the national environmental protection policy of "energy conservation and environmental protection, green environmental protection", electric forklifts are favored by more and more users. In 2021, the sales volume of electric forklifts in China will reach 662,000, accounting for 60% of the sales volume of forklifts. China is also an important exporter of electric forklifts in the world, with about 30% of its output exported abroad.

From the perspective of the whole forklift industry, electrification has become the trend of the times. The leading enterprises producing electric forklifts in China are expected to rely on the high-speed growth of the domestic market and continue to increase their share worldwide, gradually becoming a global giant with strong competitiveness. However, the electric forklift industry should not only cope with the pressure of adjustment after the rapid growth of the previous few years, but also face the impact of factors such as Sino US trade frictions, improved environmental protection requirements, etc. In the case of fierce competition in the domestic market, but also face changes in the changing international market. It is expected that the rapid development of the future market will still require customer service for many difficulties.