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Industry Research
Forklift Aftermarket Services Industry Research Report 2026
Market perspective
The global Forklift Aftermarket Services market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Forklift Aftermarket Services market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Forklift Aftermarket Services market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Forklift Aftermarket Services market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Forklift Aftermarket Services include KION Group, Jungheinrich AG, Crown, Toyota Forklift, Hyster-Yale, Mitsubishi Forklift, Tri-Lift Industries, Hyundai Material Handling and TVH, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Forklift Aftermarket Services market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Forklift Aftermarket Services.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Forklift Aftermarket Services Market by Company
KION Group
Jungheinrich AG
Crown
Toyota Forklift
Hyster-Yale
Mitsubishi Forklift
Tri-Lift Industries
Hyundai Material Handling
TVH
ZF Aftermarket
XGMA
Anhui Heli
Hangcha Forklift
EP EQUIPMENT
Folangsi
Shanghai HLD Logistics Equipment
Liugong Machinery
Noblelift
BYD
Forklift Aftermarket Services Segment by Type
Parts Sales
Repair Services
Leasing Services
Other
Forklift Aftermarket Services Segment by Application
Electric Forklift
Internal Combustion Engine Forklift
Forklift Aftermarket Services Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Forklift Aftermarket Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Forklift Aftermarket Services and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Forklift Aftermarket Services.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Forklift Aftermarket Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Parts Sales
- Repair Services
- Leasing Services
- Other
Applications
- Electric Forklift
- Internal Combustion Engine Forklift
Companies covered
- KION Group
- Jungheinrich AG
- Crown
- Toyota Forklift
- Hyster-Yale
- Mitsubishi Forklift
- Tri-Lift Industries
- Hyundai Material Handling
- TVH
- ZF Aftermarket
- XGMA
- Anhui Heli
- Hangcha Forklift
- EP EQUIPMENT
- Folangsi
- Shanghai HLD Logistics Equipment
- Liugong Machinery
- Noblelift
- BYD
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Forklift Aftermarket Services by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Parts Sales
- 2.2.3 Repair Services
- 2.2.4 Leasing Services
- 2.2.5 Other
- 2.3 Forklift Aftermarket Services by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Electric Forklift
- 2.3.3 Internal Combustion Engine Forklift
- 2.4 Assumptions and Limitations
3 Forklift Aftermarket Services Breakdown Data by Type
- 3.1 Global Forklift Aftermarket Services Historic Market Size by Type (2021-2026)
- 3.2 Global Forklift Aftermarket Services Forecasted Market Size by Type (2027-2032)
4 Forklift Aftermarket Services Breakdown Data by Application
- 4.1 Global Forklift Aftermarket Services Historic Market Size by Application (2021-2026)
- 4.2 Global Forklift Aftermarket Services Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Forklift Aftermarket Services Market Perspective (2021-2032)
- 5.2 Global Forklift Aftermarket Services Growth Trends by Region
- 5.2.1 Global Forklift Aftermarket Services Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Forklift Aftermarket Services Historic Market Size by Region (2021-2026)
- 5.2.3 Forklift Aftermarket Services Forecasted Market Size by Region (2027-2032)
- 5.3 Forklift Aftermarket Services Market Dynamics
- 5.3.1 Forklift Aftermarket Services Industry Trends
- 5.3.2 Forklift Aftermarket Services Market Drivers
- 5.3.3 Forklift Aftermarket Services Market Challenges
- 5.3.4 Forklift Aftermarket Services Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Forklift Aftermarket Services Players by Revenue
- 6.1.1 Global Top Forklift Aftermarket Services Players by Revenue (2021-2026)
- 6.1.2 Global Forklift Aftermarket Services Revenue Market Share by Players (2021-2026)
- 6.2 Global Forklift Aftermarket Services Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Forklift Aftermarket Services Head Office and Area Served
- 6.4 Global Forklift Aftermarket Services Players, Product Type & Application
- 6.5 Global Forklift Aftermarket Services Manufacturers Established Date
- 6.6 Global Forklift Aftermarket Services Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Forklift Aftermarket Services Market Size (2021-2032)
- 7.2 North America Forklift Aftermarket Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Forklift Aftermarket Services Market Size by Country (2021-2026)
- 7.4 North America Forklift Aftermarket Services Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Forklift Aftermarket Services Market Size (2021-2032)
- 8.2 Europe Forklift Aftermarket Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Forklift Aftermarket Services Market Size by Country (2021-2026)
- 8.4 Europe Forklift Aftermarket Services Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Forklift Aftermarket Services Market Size (2021-2032)
- 9.2 Asia-Pacific Forklift Aftermarket Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Forklift Aftermarket Services Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Forklift Aftermarket Services Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Forklift Aftermarket Services Market Size (2021-2032)
- 10.2 South America Forklift Aftermarket Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Forklift Aftermarket Services Market Size by Country (2021-2026)
- 10.4 South America Forklift Aftermarket Services Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Forklift Aftermarket Services Market Size (2021-2032)
- 11.2 Middle East & Africa Forklift Aftermarket Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Forklift Aftermarket Services Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Forklift Aftermarket Services Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 KION Group
- 12.1.1 KION Group Company Information
- 12.1.2 KION Group Business Overview
- 12.1.3 KION Group Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.1.4 KION Group Forklift Aftermarket Services Product Portfolio
- 12.1.5 KION Group Recent Developments
- 12.2 Jungheinrich AG
- 12.2.1 Jungheinrich AG Company Information
- 12.2.2 Jungheinrich AG Business Overview
- 12.2.3 Jungheinrich AG Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.2.4 Jungheinrich AG Forklift Aftermarket Services Product Portfolio
- 12.2.5 Jungheinrich AG Recent Developments
- 12.3 Crown
- 12.3.1 Crown Company Information
- 12.3.2 Crown Business Overview
- 12.3.3 Crown Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.3.4 Crown Forklift Aftermarket Services Product Portfolio
- 12.3.5 Crown Recent Developments
- 12.4 Toyota Forklift
- 12.4.1 Toyota Forklift Company Information
- 12.4.2 Toyota Forklift Business Overview
- 12.4.3 Toyota Forklift Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.4.4 Toyota Forklift Forklift Aftermarket Services Product Portfolio
- 12.4.5 Toyota Forklift Recent Developments
- 12.5 Hyster-Yale
- 12.5.1 Hyster-Yale Company Information
- 12.5.2 Hyster-Yale Business Overview
- 12.5.3 Hyster-Yale Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.5.4 Hyster-Yale Forklift Aftermarket Services Product Portfolio
- 12.5.5 Hyster-Yale Recent Developments
- 12.6 Mitsubishi Forklift
- 12.6.1 Mitsubishi Forklift Company Information
- 12.6.2 Mitsubishi Forklift Business Overview
- 12.6.3 Mitsubishi Forklift Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.6.4 Mitsubishi Forklift Forklift Aftermarket Services Product Portfolio
- 12.6.5 Mitsubishi Forklift Recent Developments
- 12.7 Tri-Lift Industries
- 12.7.1 Tri-Lift Industries Company Information
- 12.7.2 Tri-Lift Industries Business Overview
- 12.7.3 Tri-Lift Industries Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.7.4 Tri-Lift Industries Forklift Aftermarket Services Product Portfolio
- 12.7.5 Tri-Lift Industries Recent Developments
- 12.8 Hyundai Material Handling
- 12.8.1 Hyundai Material Handling Company Information
- 12.8.2 Hyundai Material Handling Business Overview
- 12.8.3 Hyundai Material Handling Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.8.4 Hyundai Material Handling Forklift Aftermarket Services Product Portfolio
- 12.8.5 Hyundai Material Handling Recent Developments
- 12.9 TVH
- 12.9.1 TVH Company Information
- 12.9.2 TVH Business Overview
- 12.9.3 TVH Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.9.4 TVH Forklift Aftermarket Services Product Portfolio
- 12.9.5 TVH Recent Developments
- 12.10 ZF Aftermarket
- 12.10.1 ZF Aftermarket Company Information
- 12.10.2 ZF Aftermarket Business Overview
- 12.10.3 ZF Aftermarket Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.10.4 ZF Aftermarket Forklift Aftermarket Services Product Portfolio
- 12.10.5 ZF Aftermarket Recent Developments
- 12.11 XGMA
- 12.11.1 XGMA Company Information
- 12.11.2 XGMA Business Overview
- 12.11.3 XGMA Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.11.4 XGMA Forklift Aftermarket Services Product Portfolio
- 12.11.5 XGMA Recent Developments
- 12.12 Anhui Heli
- 12.12.1 Anhui Heli Company Information
- 12.12.2 Anhui Heli Business Overview
- 12.12.3 Anhui Heli Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.12.4 Anhui Heli Forklift Aftermarket Services Product Portfolio
- 12.12.5 Anhui Heli Recent Developments
- 12.13 Hangcha Forklift
- 12.13.1 Hangcha Forklift Company Information
- 12.13.2 Hangcha Forklift Business Overview
- 12.13.3 Hangcha Forklift Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.13.4 Hangcha Forklift Forklift Aftermarket Services Product Portfolio
- 12.13.5 Hangcha Forklift Recent Developments
- 12.14 EP EQUIPMENT
- 12.14.1 EP EQUIPMENT Company Information
- 12.14.2 EP EQUIPMENT Business Overview
- 12.14.3 EP EQUIPMENT Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.14.4 EP EQUIPMENT Forklift Aftermarket Services Product Portfolio
- 12.14.5 EP EQUIPMENT Recent Developments
- 12.15 Folangsi
- 12.15.1 Folangsi Company Information
- 12.15.2 Folangsi Business Overview
- 12.15.3 Folangsi Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.15.4 Folangsi Forklift Aftermarket Services Product Portfolio
- 12.15.5 Folangsi Recent Developments
- 12.16 Shanghai HLD Logistics Equipment
- 12.16.1 Shanghai HLD Logistics Equipment Company Information
- 12.16.2 Shanghai HLD Logistics Equipment Business Overview
- 12.16.3 Shanghai HLD Logistics Equipment Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.16.4 Shanghai HLD Logistics Equipment Forklift Aftermarket Services Product Portfolio
- 12.16.5 Shanghai HLD Logistics Equipment Recent Developments
- 12.17 Liugong Machinery
- 12.17.1 Liugong Machinery Company Information
- 12.17.2 Liugong Machinery Business Overview
- 12.17.3 Liugong Machinery Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.17.4 Liugong Machinery Forklift Aftermarket Services Product Portfolio
- 12.17.5 Liugong Machinery Recent Developments
- 12.18 Noblelift
- 12.18.1 Noblelift Company Information
- 12.18.2 Noblelift Business Overview
- 12.18.3 Noblelift Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.18.4 Noblelift Forklift Aftermarket Services Product Portfolio
- 12.18.5 Noblelift Recent Developments
- 12.19 BYD
- 12.19.1 BYD Company Information
- 12.19.2 BYD Business Overview
- 12.19.3 BYD Revenue in Forklift Aftermarket Services Business (2021-2026)
- 12.19.4 BYD Forklift Aftermarket Services Product Portfolio
- 12.19.5 BYD Recent Developments
13 Report Conclusion
14 Disclaimer
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