The latest market research from China Report Hall reveals the brand influence in the forklift industry. In 2024, the forklift market has ushered in new changes, with major brands engaging in fierce competition in terms of product quality, technological innovation, and market share.
In the 2024 forklift brand ranking, major brands have continuously strived and innovated to enhance their brand value and market competitiveness. These brands have occupied an important position in the production and supply of forklifts, not only having a broad influence in the domestic market but also gradually emerging in the international market. The detailed ranking of the 2024 forklift brand list is as follows: Heli Forklifts, Hangcha Forklifts, EP Equipment, Linde, Longking, Noblelift, BYD Forklifts, Toyota Forklifts, Jungheinrich, and Hyster.
(1) Heli Forklifts
Heli Forklifts began in 1958 and is an expert in forklifts and a supplier of automated logistics equipment in China. It is a large-scale, complete industrial chain, and a strong comprehensive strength industrial vehicle R&D and manufacturing base for export. Currently, the company has hundreds of products with independent intellectual property rights, has established more than 20 provincial marketing networks and hundreds of sales service outlets, and has a comprehensive and robust service system.
(2) Hangcha Forklifts
Hangcha is one of the largest forklift R&D and manufacturing groups in China, listed on the Shanghai Stock Exchange in December 2016 (stock code 603298). As a high-tech enterprise, it mainly researches, develops, produces internal combustion forklifts, electric forklifts, warehouse forklifts, AGV intelligent industrial vehicles, and various other products, providing customers with intelligent logistics solutions and aftermarket services for industrial vehicles.
(3) EP Equipment
EP Equipment started in 1993 and is a professional enterprise engaged in the development, manufacturing, and service of electric warehousing equipment, intelligent handling robots, and forklifts. EP has applied for hundreds of patents and has a complete vehicle production line, forming a range of product categories including forklifts, zebra robots, transport vehicles, picking vehicles, stackers, and tractors.
(4) Linde
Linde forklifts began in Germany in 1879 and are part of the KION Group. They are an integrated supplier of forklift equipment and internal logistics system solutions, with sales and service branches in over 100 countries and major regions worldwide. In 1993, a branch was established in Xiamen, providing a full range of counterbalance and warehouse forklifts, professional comprehensive services, and optimized material handling solutions.
(5) Longking
Longking was established in 1993 and is a large-scale construction machinery manufacturing enterprise, listed on the Hong Kong Stock Exchange in 2005 (stock code: 3339). Longking has three major production bases nationwide, using advanced equipment in the global industry for manufacturing loaders, excavators, forklifts, road rollers, and skid steer loaders, with over 1000 models.
(6) Noblelift
Noblelift is a comprehensive provider of intelligent internal logistics systems in China, covering three major segments: material handling, logistics system integration, and aerial work platforms. It mainly engages in the R&D, production, and sales of manual handling trucks and various industrial vehicles, listed on the Shanghai Stock Exchange in 2015 (stock code: 603611). Currently, it has several subsidiaries located in China, Germany, the United States, Russia...
(7) BYD Forklifts
BYD Forklifts was established in 2009 and is part of BYD Company, integrating R&D, production, sales, and after-sales service of electric forklifts. The company covers an area of about 700,000 square meters and has a complete forklift production line, mainly producing counterbalance, pallet, reach, and traction series lithium-electric forklifts. The factory also has professional testing lines and a comprehensive quality system.
(8) Toyota Forklifts
Toyota Forklifts are under the Toyota Industrial Vehicle Group, a world-leading forklift manufacturer with a complete operation system including forklift production bases, sales, and service centers. It has TOYOTA, BT, and RAYMOND brands and a full range of product lines. The company has over a hundred general agents and hundreds of dealers worldwide, with more than ten production bases.
(9) Jungheinrich
Jungheinrich forklifts were established in 1953 and are part of the German Jungheinrich Group, a world-leading supplier of industrial vehicles, warehousing technology, and logistics warehousing handling equipment. Jungheinrich has sales companies in many countries worldwide and has set up branches in several provinces in China, dedicated to providing customized full-electric forklifts, manual forklifts, electric transport vehicles, and intelligent automated guided vehicles.
(10) Hyster
Hyster was founded in 1929 and is part of the Hyster-Yale Group in the United States, a globally renowned professional forklift brand and a large forklift and warehousing equipment provider. It integrates innovative design, industrial-strength components, and high-tech manufacturing processes, offering diverse and reliable solutions. Hyster currently has 14 production bases worldwide, mainly producing internal combustion forklifts, large forklifts, electric forklifts.
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