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All Brand Forklift: The Complete 2026 Guide to Global Manufacturers

Published time：

2026-07-10

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Xin Hong Guang

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Xin Hong Guang

Abstract

"All brand forklift" refers to the complete range of forklift manufacturers operating in the global market. The industry is dominated by a mix of established global leaders and rapidly growing Chinese manufacturers, with the top 18 companies generating over $58 billion in lift truck-related revenue in 2024.Top Global Forklift Manufacturers (2024 Revenue)Rank Company 2024 Revenue Headquarters1 Toyota Industries Corp. (TICO) $18.26B Japan2 KION Group $8.96B Germany3 Jungheinrich AG $5.60B Germany4 Crown Equipment Corp. $5.29B USA5 Mitsubishi Logisnext Co. $4.44B Japan6 Hyster-Yale $4.30B USA7 Anhui Forklift Group (HELI) $2.51B China8 Hangcha Group $2.29B China9 Doosan Bobcat $1.52B South Korea10 Clark Material Handling $1.05B USA11 Hyundai Material Handling $926M South Korea12 EP Equipment $900M China13 Combilift $545M Ireland14 Lonking Group $509M China15 Noblelift $484M China16 Manitou Group $233M France17 HUBTEX $113M Germany18 Godrej & Boyce $108M IndiaSource: Major Global Brands by

"All brand forklift" refers to the complete range of forklift manufacturers operating in the global market. The industry is dominated by a mix of established global leaders and rapidly growing Chinese manufacturers, with the top 18 companies generating over $58 billion in lift truck-related revenue in 2024.


Top Global Forklift Manufacturers (2024 Revenue)

Rank Company 2024 Revenue Headquarters

1 Toyota Industries Corp. (TICO) $18.26B Japan

2 KION Group $8.96B Germany

3 Jungheinrich AG $5.60B Germany

4 Crown Equipment Corp. $5.29B USA

5 Mitsubishi Logisnext Co. $4.44B Japan

6 Hyster-Yale $4.30B USA

7 Anhui Forklift Group (HELI) $2.51B China

8 Hangcha Group $2.29B China

9 Doosan Bobcat $1.52B South Korea

10 Clark Material Handling $1.05B USA

11 Hyundai Material Handling $926M South Korea

12 EP Equipment $900M China

13 Combilift $545M Ireland

14 Lonking Group $509M China

15 Noblelift $484M China

16 Manitou Group $233M France

17 HUBTEX $113M Germany

18 Godrej & Boyce $108M India

Source: 


Major Global Brands by Group

Toyota Industries Corp. – World's largest forklift manufacturer. Brands include Toyota, Raymond, and Aichi . Toyota spends $1 million per hour on R&D and launched 22+ new electric models in 2025.


KION Group – Second-largest globally. Owns Linde, STILL, Baoli, and Dematic. Nearly 1.9 million KION forklifts and warehouse equipment are in use globally.


Mitsubishi Logisnext – Japanese parent company of multiple brands including Mitsubishi Forklift Trucks, Cat Lift Trucks, UniCarriers, TCM, Nichiyu, and Rocla.


Hyster-Yale – American manufacturer of Hyster and Yale forklifts.


Major Chinese Forklift Manufacturers

China has become the world's largest producer and exporter of forklifts. Leading Chinese brands include:


HELI (Anhui Forklift Group) – China's largest forklift manufacturer, ranked 7th globally


Hangcha Group – Leader in full-line forklift manufacturing in China, ranked 8th globally


EP Equipment – Fast-growing manufacturer of electric warehouse equipment


Noblelift – Listed on Shanghai Stock Exchange since 2015


BYD Forklift – Lithium battery technology specialist


Lonking – Heavy equipment manufacturer entering the forklift segment


Liugong, XCMG, Sany, Zoomlion – Major construction equipment brands with forklift lines


Emerging and Regional Brands

Manitou – French inventor of the all-terrain forklift


Combilift – Irish multidirectional forklift specialist


AUSA – Spanish compact rough-terrain specialist


Kalmar – Heavy-duty port and container handling


Hubtex – German multidirectional sideloader specialist


Bauman – Sideloader specialist


Mariotti – Italian compact electric forklift specialist


Pramac – Italian forklift manufacturer


Palfinger – Truck-mounted forklift specialist


Nissan Forklift – Now part of UniCarriers


TCM – Japanese brand now under Mitsubishi Logisnext


UniCarriers – Japanese brand now under Mitsubishi Logisnext


Atlet – Swedish warehouse equipment specialist


Summary Table: All Major Forklift Brands

Category Brands

Japanese Toyota, Mitsubishi, Komatsu, Nissan, TCM, Nichiyu, Atlet, Aichi

German Linde, STILL, Jungheinrich, Baoli, Dematic, HUBTEX

American Crown, Hyster, Yale, Clark, Cat Lift Trucks, Raymond

Chinese HELI, Hangcha, EP Equipment, Noblelift, BYD, Lonking, Liugong, XCMG, Sany, Zoomlion, Tailift, Baoli (China), Maximal, Goodsense

European Manitou (France), Combilift (Ireland), AUSA (Spain), Kalmar (Finland), Pramac (Italy), Mariotti (Italy), Palfinger (Austria)

South Korean Doosan, Hyundai

Indian Godrej & Boyce

The bottom line: The global forklift market includes over 50 major manufacturers. Toyota, KION, Jungheinrich, Crown, and Mitsubishi Logisnext hold approximately 55–60% of the market. Chinese manufacturers like HELI, Hangcha, EP Equipment, and Noblelift are rapidly gaining global share with competitive pricing and modern technology. Specialty brands like Manitou, Combilift, AUSA, and Kalmar dominate niche segments such as rough terrain, multidirectional, and port applications.

Keywords：
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