Product Code: ETC029729 | Publication Date: Oct 2020 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The industrial vehicles market in the UK is experiencing steady growth, supported by the expansion of the logistics and warehousing sectors. Industrial vehicles, including forklifts, pallet trucks, and automated guided vehicles (AGVs), are essential for material handling and transportation within industrial facilities. The market is being driven by the need for efficient and cost-effective logistics solutions, as well as the increasing adoption of automation in warehouse operations. Additionally, advancements in electric and hybrid vehicle technologies are contributing to the market`s growth, as companies seek to reduce their carbon footprint.
The market for industrial vehicles in the United Kingdom is driven by the rising demand for efficient material handling and transportation solutions across various industries. The growth in e-commerce and logistics sectors necessitates the use of industrial vehicles for efficient operations. The increasing adoption of automation and robotics in manufacturing and warehousing also boosts the demand for industrial vehicles. Additionally, the focus on improving operational efficiency and reducing labor costs drives the adoption of advanced industrial vehicles.
The UK industrial vehicles market encounters challenges such as rising operational costs due to fuel price fluctuations, increasing demand for environmentally friendly vehicles amidst regulatory pressures, and the need for continuous advancements in vehicle automation and safety features.
Government policies in the UK for the industrial vehicles market prioritize safety, emissions reduction, and technological innovation. Regulations promote the adoption of electric and hybrid vehicles to reduce carbon footprint and improve air quality. Incentives and grants are available to encourage the transition to cleaner technologies and support research and development in vehicle manufacturing.
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 United Kingdom (UK) industrial vehicles Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) industrial vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) industrial vehicles Market - Industry Life Cycle |
3.4 United Kingdom (UK) industrial vehicles Market - Porter's Five Forces |
3.5 United Kingdom (UK) industrial vehicles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Kingdom (UK) industrial vehicles Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 United Kingdom (UK) industrial vehicles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Kingdom (UK) industrial vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient transportation solutions in the UK industrial sector |
4.2.2 Growing emphasis on automation and technology integration in industrial operations |
4.2.3 Government initiatives promoting the adoption of eco-friendly industrial vehicles |
4.3 Market Restraints |
4.3.1 High initial investment cost for advanced industrial vehicles |
4.3.2 Regulatory challenges and compliance requirements impacting market entry and operations |
4.3.3 Economic uncertainties affecting industrial investments and expansions |
5 United Kingdom (UK) industrial vehicles Market Trends |
6 United Kingdom (UK) industrial vehicles Market, By Types |
6.1 United Kingdom (UK) industrial vehicles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Forklift, 2021-2031F |
6.1.4 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Aisle Truck, 2021-2031F |
6.1.5 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Tow Tractor, 2021-2031F |
6.1.6 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Container Handler, 2021-2031F |
6.2 United Kingdom (UK) industrial vehicles Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Internal Combustion Engine, 2021-2031F |
6.2.3 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Battery-Operated, 2021-2031F |
6.2.4 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Gas-Powered, 2021-2031F |
6.3 United Kingdom (UK) industrial vehicles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Industrial , 2021-2031F |
6.3.3 United Kingdom (UK) industrial vehicles Market Revenues & Volume, By Cargo, 2021-2031F |
7 United Kingdom (UK) industrial vehicles Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) industrial vehicles Market Export to Major Countries |
7.2 United Kingdom (UK) industrial vehicles Market Imports from Major Countries |
8 United Kingdom (UK) industrial vehicles Market Key Performance Indicators |
8.1 Average age of industrial vehicle fleet in the UK |
8.2 Adoption rate of electric or alternative fuel industrial vehicles |
8.3 Percentage of industrial companies investing in technology upgrades for their vehicle fleets |
9 United Kingdom (UK) industrial vehicles Market - Opportunity Assessment |
9.1 United Kingdom (UK) industrial vehicles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Kingdom (UK) industrial vehicles Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 United Kingdom (UK) industrial vehicles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Kingdom (UK) industrial vehicles Market - Competitive Landscape |
10.1 United Kingdom (UK) industrial vehicles Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) industrial vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |