Hyster are just an example how big companies can fail in one particular market , Like you said some time ago Linde or KION were number 1 , Now Toyota are Number 1.


Customers globally are changing their requirements, They want a sustainable product that is 100% zero emission. Now some people believe that 100% zero emission means 100% electric , but that is not the case as the nearly 80% of the electricity produced to power the trucks create emissions at source of the electric generation, there are other technologies that will allow for 100% zero emission with out the need to use electric generated using emissions or battery charging infrastructure


As the market slows down over the next 18 - 24 month there will be some failures mainly in the many Chinese manufactures or some consolidation in this area. But also in the top 20 forklift OEM's you will see some type of consolidation because the companies that will survive will be the companies that innovate.