Introduction
Germany is a powerhouse when it comes to exporting forklifts, with a strong manufacturing industry and a reputation for producing high-quality machinery. In this report, we will explore the top 10 forklift exporters in Germany, highlighting their key financial data, industry insights, and market trends.
1. Jungheinrich
Jungheinrich is one of the leading forklift manufacturers in Germany, with a strong presence in the global market. The company specializes in electric forklifts and warehouse equipment, with a focus on innovation and sustainability. In 2020, Jungheinrich reported revenues of over €3.8 billion, making it one of the largest forklift exporters in Germany.
Financial Data:
– Revenue: €3.8 billion
– Market Share: 10%
– Export Destinations: Europe, North America, Asia
Industry Insights:
Jungheinrich has a strong reputation for quality and reliability, making it a preferred choice for many businesses around the world. The company’s focus on sustainability and electric technology has also helped it to stay ahead of the competition in an increasingly environmentally conscious market.
2. Linde Material Handling
Linde Material Handling is another prominent forklift exporter in Germany, known for its wide range of forklifts and material handling equipment. The company has a global presence, with a focus on innovation and customer satisfaction. In 2020, Linde Material Handling reported revenues of over €2.5 billion, solidifying its position as a top player in the industry.
Financial Data:
– Revenue: €2.5 billion
– Market Share: 8%
– Export Destinations: Worldwide
Industry Insights:
Linde Material Handling is known for its high-quality products and innovative solutions, catering to a wide range of industries. The company’s commitment to customer satisfaction and continuous improvement has helped it to maintain its strong position in the global market.
3. Still
Still is a well-known forklift manufacturer in Germany, with a history dating back over a century. The company produces a wide range of forklifts and warehouse equipment, focusing on efficiency and performance. In 2020, Still reported revenues of over €1.8 billion, demonstrating its strong presence in the industry.
Financial Data:
– Revenue: €1.8 billion
– Market Share: 6%
– Export Destinations: Europe, Asia, Middle East
Industry Insights:
Still is renowned for its reliability and durability, making it a popular choice for businesses looking for high-quality forklifts. The company’s commitment to innovation and continuous improvement has helped it to stay competitive in a rapidly evolving market.
4. Kion Group
Kion Group is a leading forklift manufacturer in Germany, with a strong presence in the global market. The company produces a wide range of forklifts and warehouse equipment, catering to various industries. In 2020, Kion Group reported revenues of over €7.6 billion, solidifying its position as one of the top forklift exporters in Germany.
Financial Data:
– Revenue: €7.6 billion
– Market Share: 15%
– Export Destinations: Worldwide
Industry Insights:
Kion Group is known for its diverse product range and strong customer focus, catering to the unique needs of different industries. The company’s commitment to innovation and sustainability has helped it to maintain its competitive edge in a rapidly changing market.
5. Toyota Material Handling
Toyota Material Handling is a global leader in the forklift industry, with a strong presence in Germany. The company produces a wide range of forklifts and warehouse equipment, focusing on quality and efficiency. In 2020, Toyota Material Handling reported revenues of over €9.2 billion, making it one of the largest forklift exporters in the world.
Financial Data:
– Revenue: €9.2 billion
– Market Share: 18%
– Export Destinations: Worldwide
Industry Insights:
Toyota Material Handling is known for its innovative products and customer-centric approach, catering to the unique needs of different industries. The company’s commitment to quality and efficiency has helped it to maintain its strong position in the global market.
6. Crown Equipment Corporation
Crown Equipment Corporation is a well-known forklift manufacturer with a strong presence in Germany. The company produces a wide range of forklifts and material handling equipment, focusing on innovation and performance. In 2020, Crown Equipment Corporation reported revenues of over €3.4 billion, solidifying its position as a top player in the industry.
Financial Data:
– Revenue: €3.4 billion
– Market Share: 9%
– Export Destinations: Europe, North America, Asia
Industry Insights:
Crown Equipment Corporation is known for its reliable products and commitment to customer satisfaction, making it a preferred choice for many businesses. The company’s focus on innovation and performance has helped it to stay competitive in a rapidly changing market.
7. Hyster-Yale Materials Handling
Hyster-Yale Materials Handling is a prominent forklift manufacturer with a strong presence in Germany. The company produces a wide range of forklifts and material handling equipment, focusing on durability and performance. In 2020, Hyster-Yale Materials Handling reported revenues of over €2.9 billion, demonstrating its strong position in the industry.
Financial Data:
– Revenue: €2.9 billion
– Market Share: 7%
– Export Destinations: Europe, North America, Asia
Industry Insights:
Hyster-Yale Materials Handling is known for its high-quality products and commitment to customer satisfaction, catering to a wide range of industries. The company’s focus on durability and performance has helped it to maintain its competitive edge in the global market.
8. Mitsubishi Logisnext
Mitsubishi Logisnext is a leading forklift manufacturer with a strong presence in Germany. The company produces a wide range of forklifts and warehouse equipment, focusing on innovation and sustainability. In 2020, Mitsubishi Logisnext reported revenues of over €2.1 billion, solidifying its position as a top player in the industry.
Financial Data:
– Revenue: €2.1 billion
– Market Share: 5%
– Export Destinations: Europe, Asia, North America
Industry Insights:
Mitsubishi Logisnext is known for its innovative products and commitment to sustainability, making it a preferred choice for many businesses. The company’s focus on efficiency and performance has helped it to stay ahead of the competition in a rapidly changing market.
9. Manitou Group
Manitou Group is a well-known forklift manufacturer with a strong presence in Germany. The company produces a wide range of forklifts and material handling equipment, focusing on versatility and performance. In 2020, Manitou Group reported revenues of over €1.6 billion, demonstrating its strong position in the industry.
Financial Data:
– Revenue: €1.6 billion
– Market Share: 4%
– Export Destinations: Europe, North America, Asia
Industry Insights:
Manitou Group is known for its versatile products and commitment to performance, catering to a wide range of industries. The company’s focus on innovation and customer satisfaction has helped it to maintain its competitive edge in the global market.
10. Doosan Industrial Vehicle
Doosan Industrial Vehicle is a prominent forklift manufacturer with a strong presence in Germany. The company produces a wide range of forklifts and material handling equipment, focusing on efficiency and quality. In 2020, Doosan Industrial Vehicle reported revenues of over €1.3 billion, solidifying its position as a top player in the industry.
Financial Data:
– Revenue: €1.3 billion
– Market Share: 3%
– Export Destinations: Europe, Asia, Middle East
Industry Insights:
Doosan Industrial Vehicle is known for its high-quality products and commitment to efficiency, making it a preferred choice for many businesses. The company’s focus on quality and performance has helped it to stay competitive in a rapidly changing market.
In conclusion, the forklift industry in Germany is highly competitive, with a diverse range of companies exporting high-quality machinery to markets around the world. These top 10 forklift exporters in Germany demonstrate the country’s strength in manufacturing and innovation, with a strong focus on quality, performance, and customer satisfaction. As the industry continues to evolve, these companies are well-positioned to maintain their competitive edge and meet the growing demand for forklifts and material handling equipment globally.
