Global Forklift Battery Market 2016-2020 is the latest addition to Sandlerresearch.org industry research reports collection.
Lead-acid batteries power 75%-85% of the electric forklifts manufactured globally. These batteries are cost-effective and offer benefits such as high resilience in difficult environmental conditions involving dirt, chemicals, and vibrations.
The maintenance costs of lead-acid batteries can be monitored and improved with inexpensive technology to reduce the total cost of ownership. Advanced charging technologies can bring up the efficiency to 90%, with power factors approaching 99%. This keeps utility costs low. Technical innovations such as fast and opportunity charging during operator downtime add to the cost efficiency of lead-acid batteries.

The analysts forecast Global Forklift Battery Market to grow at a CAGR of 8.1% during the period 2016-2020.

Covered in this Report
This report covers the present scenario and the growth prospects of the global Forklift Battery market for 2016-2020.

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Key regions
• Americas
• APAC
• EMEA

Key vendors
• East Penn Manufacturing Co., Inc.
• Exide Industries Ltd.
• Midac Batteries S.P.A.
• Navitas System, LLC Corporate.
• Storage Battery Systems, LLC

Other prominent vendors
• Chloride Batteries
• Crown Battery
• Hoppecke
• Johnson Controls
• Trojan Battery

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Market driver
• Expansion of warehouse space in e-commerce industry
• For a full, detailed list, view our report

Market challenge
• Replacements of electric forklifts by fuel cell forklifts
• For a full, detailed list, view our report

Market trend
• Use of fast chargers
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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