South Korea Forklift Trucks Market (2020-2026) | Share, Value, Trends, Revenue, Growth, Forecast, Industry, Companies, Outlook, Analysis, COVID-19 IMPACT & Size

Market Forecast By Power Source (IC Engine Powered, Electric Powered), By Class (Class 1, Class 2, Class 3, Class 4, Class 5, Others), By End Use (Retail & Wholesale, Logistics, Automotive, Food Industry, Others) And Competitive Landscape
Product Code: ETC027283 Publication Date: Jun 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Korea Forklift Trucks Market Competition 2023

South Korea Forklift Trucks market currently, in 2023, has witnessed an HHI of 2442, Which has decreased moderately as compared to the HHI of 4425 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 South Korea Forklift Trucks Market Competition 2023

South Korea Export Potential Assessment For Forklift Trucks Market (Values in USD Thousand)


South Korea Export Potential Assessment For Forklift Trucks Market (Values in USD Thousand)

South Korea Forklift Trucks Market Synopsis

South Korea forklift truck market is expected to grow at a CAGR of 8.9% during the forecast period 2020-2026. Factors such as growing construction activities, increasing government initiatives for industrialization and urbanization are driving the growth of South Korea`s forklift truck market. Furthermore, an increase in logistics & warehousing services from 3PL providers has also increased the demand for forklifts in South Korea which is further contributing to its growth. Moreover, advancements such as battery powered electric trucks and robotic systems are being adopted by different industries which will create new opportunities for this market over the forecast period.

Key Players of the Market

The major players operating in South Korea Forklift Truck Market include Komatsu Ltd., Doosan Corporation (Daewoo), Hyundai Heavy Industries Co., Ltd., Toyota Material Handling Europe AB, Jungheinrich AG, KION Group AG Linde Material Handling GmbH & Co. KG, Crown Equipment Corporation among others

Key Highlights of the Report:

  • South Korea Forklift Trucks Market Outlook
  • Market Size of South Korea Forklift Trucks Market, 2019
  • Forecast of South Korea Forklift Trucks Market, 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Revenues & Volume for the Period 2016 - 2026
  • South Korea Forklift Trucks Market Trend Evolution
  • South Korea Forklift Trucks Market Drivers and Challenges
  • South Korea Forklift Trucks Price Trends
  • South Korea Forklift Trucks Porter's Five Forces
  • South Korea Forklift Trucks Industry Life Cycle
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Power Source for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By IC Engine Powered for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Electric Powered for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class 1 for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class 2 for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class 3 for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class 4 for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Class 5 for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Others for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By End Use for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Retail & Wholesale for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Logistics for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Automotive for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Food Industry for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Forklift Trucks Market Revenues & Volume By Others for the Period 2016 - 2026
  • South Korea Forklift Trucks Import Export Trade Statistics
  • Market Opportunity Assessment By Power Source
  • Market Opportunity Assessment By Class
  • Market Opportunity Assessment By End Use
  • South Korea Forklift Trucks Top Companies Market Share
  • South Korea Forklift Trucks Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Forklift Trucks Company Profiles
  • South Korea Forklift Trucks Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Korea Forklift Trucks Market Overview

3.1 South Korea Country Macro Economic Indicators

3.2 South Korea Forklift Trucks Market Revenues & Volume, 2019 & 2026F

3.3 South Korea Forklift Trucks Market - Industry Life Cycle

3.4 South Korea Forklift Trucks Market - Porter's Five Forces

3.5 South Korea Forklift Trucks Market Revenues & Volume Share, By Power Source, 2019 & 2026F

3.6 South Korea Forklift Trucks Market Revenues & Volume Share, By Class, 2019 & 2026F

3.7 South Korea Forklift Trucks Market Revenues & Volume Share, By End Use, 2019 & 2026F

4 South Korea Forklift Trucks Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 South Korea Forklift Trucks Market Trends

6 South Korea Forklift Trucks Market, By Types

6.1 South Korea Forklift Trucks Market, By Power Source

6.1.1 Overview and Analysis

6.1.2 South Korea Forklift Trucks Market Revenues & Volume, By Power Source, 2016 - 2026F

6.1.3 South Korea Forklift Trucks Market Revenues & Volume, By IC Engine Powered, 2016 - 2026F

6.1.4 South Korea Forklift Trucks Market Revenues & Volume, By Electric Powered, 2016 - 2026F

6.2 South Korea Forklift Trucks Market, By Class

6.2.1 Overview and Analysis

6.2.2 South Korea Forklift Trucks Market Revenues & Volume, By Class 1, 2016 - 2026F

6.2.3 South Korea Forklift Trucks Market Revenues & Volume, By Class 2, 2016 - 2026F

6.2.4 South Korea Forklift Trucks Market Revenues & Volume, By Class 3, 2016 - 2026F

6.2.5 South Korea Forklift Trucks Market Revenues & Volume, By Class 4, 2016 - 2026F

6.2.6 South Korea Forklift Trucks Market Revenues & Volume, By Class 5, 2016 - 2026F

6.2.7 South Korea Forklift Trucks Market Revenues & Volume, By Others, 2016 - 2026F

6.3 South Korea Forklift Trucks Market, By End Use

6.3.1 Overview and Analysis

6.3.2 South Korea Forklift Trucks Market Revenues & Volume, By Retail & Wholesale, 2016 - 2026F

6.3.3 South Korea Forklift Trucks Market Revenues & Volume, By Logistics, 2016 - 2026F

6.3.4 South Korea Forklift Trucks Market Revenues & Volume, By Automotive, 2016 - 2026F

6.3.5 South Korea Forklift Trucks Market Revenues & Volume, By Food Industry, 2016 - 2026F

6.3.6 South Korea Forklift Trucks Market Revenues & Volume, By Others, 2016 - 2026F

7 South Korea Forklift Trucks Market Import-Export Trade Statistics

7.1 South Korea Forklift Trucks Market Export to Major Countries

7.2 South Korea Forklift Trucks Market Imports from Major Countries

8 South Korea Forklift Trucks Market Key Performance Indicators

9 South Korea Forklift Trucks Market - Opportunity Assessment

9.1 South Korea Forklift Trucks Market Opportunity Assessment, By Power Source, 2019 & 2026F

9.2 South Korea Forklift Trucks Market Opportunity Assessment, By Class, 2019 & 2026F

9.3 South Korea Forklift Trucks Market Opportunity Assessment, By End Use, 2019 & 2026F

10 South Korea Forklift Trucks Market - Competitive Landscape

10.1 South Korea Forklift Trucks Market Revenue Share, By Companies, 2019

10.2 South Korea Forklift Trucks Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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