Top 10 Forklift Companies in the World

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Discover the top 10 forklift companies in the world. Learn about their locations, main products, websites, advantages, and disadvantages to choose the best forklift brand for your needs.

Table of Contents

Toyota Material Handling

Toyota Material Handling is the global leader in forklift manufacturing, known for its reliability and advanced technology.

Location: Japan (Global Operations)

Main Products: Electric forklifts, internal combustion forklifts, automated guided vehicles (AGVs), and pallet jacks.

Advantages:

  • Industry-leading reliability and durability.
  • Wide global distribution and service network.
  • Strong focus on safety and innovation.

Disadvantages:

  • Premium pricing.
  • Long lead times for some products.

KION Group (Linde, Still, Dematic)

The KION Group owns multiple brands and is a global powerhouse in material handling solutions.

Location: Germany

Main Products: Electric and diesel forklifts, warehouse automation, and supply chain solutions.

Advantages:

  • Diverse product range across multiple brands.
  • Leader in automation and intelligent warehouse systems.
  • Strong European presence.

Disadvantages:

  • Higher costs for advanced solutions.
  • Limited availability in some developing regions.

Jungheinrich

Jungheinrich is a leader in energy-efficient forklifts and warehouse automation solutions.

Location: Germany

Main Products: Electric forklifts, pallet trucks, stackers, and logistics systems.

Advantages:

  • Exceptional energy efficiency.
  • Strong focus on sustainability and innovation.
  • Comprehensive service and support network.

Disadvantages:

  • Primarily focused on the European market.
  • Limited diesel forklift options.

Mitsubishi Logisnext

Mitsubishi Logisnext is a trusted name in forklift manufacturing, offering reliable and affordable solutions.

Location: Japan

Main Products: Electric forklifts, internal combustion forklifts, and automated guided vehicles (AGVs).

Advantages:

  • Competitive pricing.
  • Wide range of products suitable for diverse industries.
  • Strong customer service network.

Disadvantages:

  • Less focus on high-tech automation compared to competitors.
  • Limited innovation in energy efficiency.

Crown Equipment Corporation

Crown is renowned for its high-quality electric forklifts and cutting-edge technologies.

Location: USA

Main Products: Electric forklifts, reach trucks, and order pickers.

Website: www.crown.com

Advantages:

  • Robust and durable forklifts.
  • Focus on operator comfort and safety.
  • Strong after-sales service and support.

Disadvantages:

  • Limited internal combustion options.
  • Premium pricing for advanced models.

Hyster-Yale Materials Handling (Hyster, Yale)

Hyster-Yale is a leading forklift manufacturer offering solutions under two globally recognized brands.

Location: USA

Main Products: Diesel forklifts, electric forklifts, and container handlers.

Advantages:

  • Wide product range for heavy-duty and light-duty operations.
  • Globally recognized brands.
  • Reliable performance in tough environments.

Disadvantages:

  • Energy efficiency is not on par with competitors.
  • Service availability can vary by region.

Komatsu

Komatsu is a globally respected name in construction and material handling equipment.

Location: Japan

Main Products: Diesel forklifts, electric forklifts, and warehouse equipment.

Website: www.komatsu.com

Advantages:

  • Known for durability and heavy-duty performance.
  • Strong presence in the construction sector.
  • Competitive pricing.

Disadvantages:

  • Limited automation and warehouse systems.
  • Smaller product range compared to competitors.

Doosan Industrial Vehicle

Doosan is a trusted name in the material handling industry, known for its rugged and cost-effective forklifts.

Location: South Korea

Main Products: Diesel forklifts, electric forklifts, and LPG forklifts.

Website: www.doosaniv.com

Advantages:

  • Cost-effective solutions.
  • Durable and reliable forklifts.
  • Strong presence in Asia and North America.

Disadvantages:

  • Limited focus on advanced automation.
  • Smaller global service network.

Hangcha Group

Hangcha is one of China’s largest forklift manufacturers, providing reliable and affordable material handling solutions.

Location: China

Main Products: Electric forklifts, diesel forklifts, and warehouse equipment.

Advantages:

  • Affordable pricing.
  • Rapidly expanding global market presence.
  • Wide range of products.

Disadvantages:

  • Brand recognition is still growing outside Asia.
  • Fewer advanced features compared to Western competitors.

Anhui Heli Co., Ltd.

Anhui Heli is another leading forklift manufacturer from China, focusing on cost-effective solutions.

Location: China

Main Products: Diesel forklifts, electric forklifts, and pallet trucks.

Advantages:

  • Affordable and reliable products.
  • Strong focus on the Asian and African markets.
  • Simple and easy-to-maintain equipment.

Disadvantages:

  • Limited availability in Western markets.
  • Fewer advanced automation options.

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