Toyota tops global forklift list again

News Story
- 17 Aug 2023 ( #1141 ) - Marburg, Germany
1 min read
The latest leaderboard, courtesy of DHF
The latest leaderboard, courtesy of DHF

Once again, there has been very little change in the global top 10 forklift manufacturers list compiled by German magazine DHF.

Japan’s Toyota remains at the top of the 2023 list with a 29.57% share of the world forklift market. KION is in second place again with a 13.98% share, followed by Jungheinrich with 9.10%.

The minor changes in the rankings, drawn up using data from 2021, were Hangcha moving up one spot to 8th, Manitou going from 10th to 9th place and Kalmar falling two spots to sit in 10th position.

Incoming orders rose globally to a 12-year high, with the Asian region accounting for more than half of all orders, according to the annual DHF report by Jurgen Warmbold.

Citing World Industrial Trucks Statistics (WITS) data, the report found incoming orders were up in Europe, the Americas and Asia, with China making a “noticeable contribution”. While in the Africa and Australia/Oceania regions, there was a slight decline during 2021.

Seven industrial truck associations report aggregated and anonymised statistics to produce the WITS reports: Associacao Brasileira de la Maquinas e Equipamentos (ABIMAQ); China Industrial Truck Association (CITA); European Federation of Materials Handling Product Group Industrial Trucks (FEM IT); Industrial Truck Association (ITA); Japanese Industrial Vehicles Association (JIVA); Korean Construction Equipment Manufacturers Association (KOCEMA); and Society of Indian Materials Handling Equipment Manufacturers (SIMHEM).

To be included in the global ranking, companies must have a minimum turnover of EUR10 million. However, not all manufacturers wish to be included in the list.

Do you have materials handling news? Submit your news here
Inside The News
This week Forkliftaction News is celebrating its 25th anniversary! A wonderful achievement given we launched at a time when just 6% of the world’s population were internet users, according to Internet World Stats . Over the coming weeks, we will be sharing stories about our history and rolling out more celebrations, so keep an eye out... Continue reading

Showcased in the Virtual Expo

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

PREMIUM business

VETTER Industrie GmbH
The world's most comprehensive range of forks and the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

ROYPOW
Manufacturer of lithium forklift battery solutions, the global leader in the market of lithium batteries replacing lead acid batteries.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!