Pallet Stacker

Pallet Stacker Market Outlook

The global pallet stacker market was valued at approximately USD 3.5 billion in 2022 and is expected to reach around USD 5.7 billion by 2035, growing at a robust CAGR of 4.8% during the forecast period. This growth can be attributed to the increasing demand for efficient material handling solutions across various industries, including warehousing, logistics, and retail. The expansion of e-commerce has led to a surge in warehousing facilities, further driving the need for pallet stackers. Moreover, advancements in automation and technology are making pallet stackers more efficient and user-friendly, contributing to their adoption in various sectors. Additionally, the growing emphasis on workplace safety and ergonomics has encouraged businesses to invest in modern pallet stackers that minimize manual handling, thus enhancing operational efficiency and employee well-being.

Growth Factor of the Market

The growth of the pallet stacker market is fueled by several key factors. Firstly, the rapid expansion of the e-commerce sector necessitates more efficient warehousing solutions, leading to an increased demand for pallet stackers that can handle goods quickly and safely. Furthermore, with the ongoing trend of urbanization and the subsequent rise in construction activities, pallet stackers are becoming essential in material handling within these environments. The push for automation in industries is another significant driver, as businesses seek to enhance productivity while reducing labor costs. Additionally, advancements in battery technology and the introduction of electric pallet stackers have made these machines more environmentally friendly and cost-effective. Lastly, the growing awareness of safety regulations in workplaces is prompting companies to adopt ergonomic equipment, including pallet stackers, which can lead to reduced workplace injuries and enhanced operational efficiency.

Key Highlights of the Market

• The pallet stacker market is projected to grow at a CAGR of 4.8% from 2025 to 2035.
• Electric pallet stackers are gaining popularity due to their eco-friendly features and operational efficiency.
• Increasing demand in the logistics and e-commerce sectors is driving market growth.
• Automation trends are pushing manufacturers to innovate and develop advanced pallet stacking solutions.
• Safety regulations and ergonomic considerations are leading to higher adoption of modern pallet stackers.

By Product Type

Manual Pallet Stackers:

Manual pallet stackers are among the most traditional forms of pallet handling equipment. They are operated by hand and are designed for lifting and maneuvering pallets manually. This type of stacker is particularly popular in smaller operations and warehouses where the volume of goods does not justify the expense of automated equipment. Their simplicity, low cost, and ease of maintenance make them an attractive option for many businesses. However, manual pallet stackers do require physical effort from the operator, which may not be ideal in high-volume environments. The demand for manual pallet stackers continues to be significant, especially in developing regions where affordability and basic functionality are key considerations for businesses.

Semi-Automatic Pallet Stackers:

Semi-automatic pallet stackers bridge the gap between manual and fully automated systems, offering operators enhanced efficiency without the need for full automation. These stackers often feature improved lifting mechanisms that can be operated with minimal physical input from the user. The adoption of semi-automatic pallet stackers is on the rise, particularly in medium to large warehouses where a balance between cost and operational efficiency is necessary. By reducing the physical strain on workers while still requiring some level of manual operation, they represent a significant improvement over purely manual models. Their versatility and adaptability to various tasks make them popular in industries such as retail and manufacturing.

Fully Automatic Pallet Stackers:

Fully automatic pallet stackers are at the forefront of technological advancement in material handling. Equipped with sensors and advanced control systems, these stackers can operate independently, handling pallets without human intervention. They are particularly beneficial in high-volume environments where efficiency and speed are paramount. The integration of robotics and automation in fully automatic stackers leads to significantly reduced labor costs and minimized risks of workplace injuries. Although the initial investment may be higher than manual types, the long-term benefits in operational efficiency and safety often justify the cost. As industries continue to embrace automation, the demand for fully automatic pallet stackers is expected to rise significantly in the coming years.

Walkie Stackers:

Walkie stackers are designed for maneuverability and ease of use in tight spaces, making them ideal for indoor environments such as warehouses and retail spaces. Operated by walking alongside the equipment, these stackers allow operators to control movements while remaining in close proximity to the load. The walkie stackers are especially useful for stacking and retrieving pallets at varying heights, enhancing their versatility. The increasing need for agile and compact material handling solutions in urban settings is driving market interest in walkie stackers, as they can efficiently navigate crowded aisles in warehouses. As businesses look for ways to optimize space and improve efficiency, walkie stackers are becoming a popular choice among operators.

Rider Stackers:

Rider stackers offer a blend of operator comfort and high efficiency, designed for environments where speed and productivity are critical. Unlike walkie stackers, rider stackers provide a platform for the operator to stand on while controlling the equipment, allowing for greater mobility and speed when handling pallets. These stackers are particularly effective in larger warehouses and distribution centers where quick maneuvering is necessary. The ergonomic design of rider stackers enhances operator comfort, reducing fatigue during long shifts and potentially leading to fewer workplace accidents. With the ongoing demand for fast-paced logistics and material handling, rider stackers are expected to see continued growth in their adoption across various sectors.

By Application

Warehousing:

Warehousing is one of the primary applications for pallet stackers, where efficient storage and retrieval of goods are critical. As e-commerce continues to rise, warehouses are increasingly adopting pallet stackers to streamline operations and enhance productivity. The ability to move heavy loads quickly and safely is vital in managing inventory, and pallet stackers provide a reliable solution for these needs. In addition, with the growing trend of just-in-time inventory management, the utilization of pallet stackers allows for more flexible and efficient handling of goods, directly impacting operational performance and cost management in warehousing. Furthermore, the quick adaptation to new technologies, such as automation, is likely to continue to fuel the demand for pallet stackers in this application.

Manufacturing:

Pallet stackers are extensively utilized in manufacturing facilities to facilitate the movement of raw materials and finished goods along the production line. Their ability to lift and stack heavy pallets makes them essential for maintaining production efficiency and ensuring that items are handled safely. In manufacturing environments, where time is often critical, the use of pallet stackers allows for quick loading and unloading of materials, reducing bottlenecks in production processes. Moreover, manufacturers are increasingly recognizing the importance of workplace safety, and the ergonomic design of modern pallet stackers contributes to a safer work environment by minimizing the risk of injuries associated with manual handling of materials. As manufacturing operations continue to expand and evolve, the reliance on pallet stackers is likely to increase accordingly.

Retail:

In the retail sector, pallet stackers are valuable tools for managing inventory and facilitating restocking processes. Retail environments require efficient handling of products to maintain stock levels and ensure a smooth shopping experience for customers. Pallet stackers enable staff to easily transport pallets from storage areas to sales floors, enhancing productivity and reducing the time required for restocking. Furthermore, with the shift towards larger retail spaces and the rise of big-box stores, the need for robust material handling solutions such as pallet stackers has become increasingly pronounced. As retailers focus on optimizing their supply chains and improving customer satisfaction, the adoption of pallet stackers in retail operations is expected to grow in the coming years.

Logistics:

The logistics industry relies heavily on efficient material handling solutions to ensure timely delivery of goods. Pallet stackers play a pivotal role in logistics operations, particularly in distribution centers where the swift movement of pallets is essential. The ability to quickly load and unload pallets can significantly reduce the turnaround time for shipments, enhancing overall efficiency in logistics operations. Additionally, as logistics companies continue to adopt automation and advanced technologies, the integration of pallet stackers into their processes is becoming more common. The demand for pallet stackers in logistics is likely to rise as companies seek to streamline operations and improve the speed and accuracy of their deliveries.

Construction:

In the construction sector, pallet stackers serve as crucial equipment for handling building materials on-site. The rugged nature of construction environments requires reliable and durable material handling solutions, and pallet stackers are designed to meet these demands. They facilitate the easy movement of heavy materials such as bricks, tiles, and lumber, which is essential for maintaining workflow on construction projects. The use of pallet stackers not only speeds up the process of material handling but also enhances safety on construction sites by reducing the need for manual lifting. As construction projects continue to grow in scale and complexity, the reliance on pallet stackers to improve efficiency and safety is expected to increase.

By Distribution Channel

Direct Sales:

Direct sales represent a significant channel for the distribution of pallet stackers, allowing manufacturers to engage with customers directly. This approach provides buyers with the opportunity to receive personalized service and expert advice regarding the selection of pallet stackers that best meet their operational needs. Additionally, direct sales often facilitate better pricing structures by eliminating intermediary costs, making it an attractive option for businesses looking to optimize their investment. With the ability to tailor solutions to individual customer requirements, direct sales channels are becoming increasingly popular, especially among larger organizations that seek customized material handling solutions to enhance their operations.

Distributor Sales:

Distributor sales are a fundamental component of the pallet stacker market, providing manufacturers with a wider reach to various customer segments. Distributors often have established relationships with local businesses and can provide valuable insights into market demands and preferences. They play an essential role in ensuring that pallet stackers are accessible to a broad audience, including small and medium enterprises that may not have direct access to manufacturers. Moreover, distributors can offer additional services such as maintenance and support, enhancing the overall customer experience. As the market expands, distributor sales are expected to remain a crucial channel for pallet stacker distribution, facilitating growth in various regions.

Online Retail:

Online retail has emerged as an increasingly important distribution channel for pallet stackers, driven by the growing trend of digitalization in purchasing processes. E-commerce platforms enable customers to conveniently browse and compare different pallet stacker models, read reviews, and access detailed product specifications from the comfort of their own offices. This transparency can lead to informed purchasing decisions and a broader customer base, including smaller businesses that may prioritize cost-effectiveness and accessibility. Furthermore, online retail allows for streamlined transactions and efficient delivery options, making it an appealing choice for businesses looking to acquire pallet stackers quickly. As e-commerce continues to gain traction, the role of online retail in the pallet stacker market is expected to expand further.

By Power Source

Electric Pallet Stackers:

Electric pallet stackers are becoming increasingly popular due to their efficiency and reduced environmental impact compared to traditional fuel-powered models. These stackers utilize electric batteries for operation, which not only minimizes emissions but also enhances maneuverability in indoor spaces such as warehouses and retail environments. The growing emphasis on sustainability in industrial operations is driving the shift towards electric pallet stackers, as businesses seek to align with environmental regulations and public awareness of climate issues. Additionally, advancements in battery technology have improved the performance and operational longevity of electric pallet stackers, making them a more viable option for various applications.

Diesel Pallet Stackers:

Diesel pallet stackers are well-suited for outdoor applications, particularly in environments where heavy lifting and extended operational hours are required. These stackers provide robust performance and are capable of handling larger loads compared to their electric counterparts, making them ideal for construction sites and outdoor warehouses. However, the use of diesel engines can result in higher emissions, which may be a concern for businesses seeking to improve their environmental footprint. As a result, while diesel pallet stackers continue to be relevant in industries requiring heavy-duty performance, there is a growing push towards more sustainable alternatives.

Manual Pallet Stackers:

Manual pallet stackers are a cost-effective solution for businesses that require basic material handling capabilities without the need for automation or electric power. These stackers are operated manually and are ideal for smaller operations where the volume of goods handled is manageable without the need for powered equipment. Their simplicity and lower price point make them accessible for small businesses and startups, enabling them to optimize their logistics without significant investment. However, the physical effort required to operate manual pallet stackers can limit their efficiency in larger operations, as they are not suited for high-volume environments.

Hybrid Pallet Stackers:

Hybrid pallet stackers combine elements of both electric and diesel systems, offering versatility tailored to various operational needs. These stackers can switch between power sources based on the environment, making them suitable for both indoor and outdoor applications. The flexibility provided by hybrid pallet stackers allows businesses to optimize fuel efficiency and minimize operational costs while still maintaining high-performance levels. As industries continue to evolve and seek adaptable solutions to meet diverse handling requirements, hybrid pallet stackers are likely to see increased adoption as businesses aim to capitalize on both electric and diesel benefits.

By Region

In North America, the pallet stacker market is projected to witness significant growth, driven by the robust expansion of the e-commerce sector and the need for efficient material handling solutions. With a market value of approximately USD 1.5 billion in 2022, North America is expected to experience a CAGR of around 5% from 2025 to 2035. This growth is primarily attributed to the increasing adoption of automation technologies in warehouses and logistics centers, enhancing operational efficiency. The demand for pallet stackers in this region is further supported by stringent workplace safety regulations, prompting businesses to invest in ergonomic equipment that minimizes manual handling injuries.

Meanwhile, the Asia Pacific region is anticipated to emerge as a major player in the pallet stacker market, with a projected market value of around USD 1.8 billion by 2035. The region is witnessing rapid industrialization and urbanization, leading to a surge in warehousing and logistics operations. Countries such as China and India are experiencing significant infrastructure development, creating a favorable environment for pallet stacker adoption. As businesses seek to improve supply chain efficiency and meet growing consumer demands, the Asia Pacific region will likely see a CAGR of approximately 6% during the forecast period, positioning it for robust market growth in the coming years.

Opportunities

The pallet stacker market is poised for numerous opportunities driven by evolving industry requirements and technological advancements. One of the most significant opportunities lies in the increased demand for automation and smart technologies in material handling. As industries look to enhance their operational efficiency and reduce labor costs, the integration of automation in pallet stackers presents a valuable opportunity for manufacturers to develop advanced models that incorporate AI and IoT capabilities. This shift towards smart pallet stackers can lead to more streamlined operations, improved safety protocols, and enhanced productivity. Additionally, manufacturers that prioritize sustainability by developing electric and hybrid pallet stackers can attract environmentally conscious businesses looking to reduce their carbon footprint, creating a competitive advantage in the market.

Furthermore, the rising trend of e-commerce and logistics growth is creating ample opportunities for the pallet stacker market. As online shopping continues to flourish, warehouses and distribution centers are under pressure to optimize their operations to meet consumer demands for fast and efficient order fulfillment. This need drives the demand for pallet stackers that can handle higher volumes of goods and facilitate quick loading and unloading processes. Additionally, emerging markets in Asia, Africa, and Latin America present new avenues for growth as businesses in these regions increasingly recognize the importance of efficient material handling solutions. Manufacturers that strategically position themselves to cater to these markets stand to benefit from increased demand for pallet stackers and related equipment.

Threats

The pallet stacker market faces various threats that could potentially hinder growth and adoption. One of the most significant threats is the ongoing supply chain disruptions affecting the availability of raw materials and components necessary for manufacturing pallet stackers. Factors such as geopolitical tensions, trade restrictions, and natural disasters can lead to shortages and increased costs, impacting the production schedules and pricing strategies of manufacturers. Additionally, the competitive landscape of the pallet stacker market is intensifying, with numerous players entering the field, leading to price wars and reduced profit margins. Established companies may find it challenging to maintain their market share in the face of aggressive competition from both new entrants and alternative material handling solutions.

Furthermore, as companies increasingly prioritize automation, there is a potential threat of workforce reduction due to technological advancements in material handling. The shift towards fully automated solutions may lead to reduced demand for traditional pallet stackers, impacting manufacturers focusing on manual and semi-automatic models. This transition may also result in a skills gap as the workforce needs to adapt to new technologies, further complicating the market landscape. Manufacturers must remain agile and innovative to address these challenges and ensure they can meet the evolving demands of their customers while navigating potential threats to the market.

Competitor Outlook

• Crown Equipment Corporation
• Linde Material Handling
• Jungheinrich AG
• Hyster-Yale Materials Handling, Inc.
• Toyota Industries Corporation
• Doosan Industrial Vehicle
• Mitsubishi Forklift Trucks
• Raymond Corporation
• Clark Material Handling Company
• Hangcha Group Co., Ltd.
• Combilift Ltd.
• Manitou Group
• KION Group AG
• Nilkamal Limited
• EP Equipment

The pallet stacker market is characterized by a competitive landscape with several key players offering a wide range of products to meet diverse customer needs. Companies like Crown Equipment Corporation and Linde Material Handling are recognized for their innovation and technological advancements in pallet stacker designs, focusing on enhancing efficiency and usability. These companies continuously invest in research and development to introduce advanced features such as smart technologies and ergonomic designs, which resonate with the growing demand for sustainable and efficient material handling solutions. Moreover, the increasing emphasis on workplace safety has prompted these manufacturers to prioritize the development of stackers that mitigate risks associated with heavy lifting, further solidifying their market presence.

In addition to established players, emerging companies like Hangcha Group and EP Equipment are making strides in the pallet stacker market by offering competitive pricing and diverse product offerings. These companies often cater to specific market segments, such as small and medium enterprises, which may prioritize affordability without compromising on quality. As the market evolves, these players are expected to gain traction by addressing unique customer requirements and leveraging their agile operations to respond quickly to changing market dynamics. Furthermore, the entry of new manufacturers focusing on electric and hybrid technologies is likely to intensify competition, prompting existing players to innovate and adapt their strategies to maintain market leadership.

As the pallet stacker market continues to grow, companies like Toyota Industries Corporation and Hyster-Yale Materials Handling are likely to remain at the forefront due to their established brand reputation and extensive distribution networks. These companies leverage their global presence to tap into emerging markets, capitalizing on the increasing demand for material handling solutions in developing regions. Furthermore, they often engage in strategic partnerships and collaborations with other players in the supply chain to enhance their product offerings and reach a wider customer base. By focusing on innovation, sustainability, and customer-centric solutions, these major players are well-positioned to navigate the competitive landscape of the pallet stacker market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 EP Equipment
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 KION Group AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Manitou Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Combilift Ltd.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Jungheinrich AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Nilkamal Limited
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Raymond Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Hangcha Group Co., Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Linde Material Handling
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Doosan Industrial Vehicle
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Mitsubishi Forklift Trucks
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Crown Equipment Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Toyota Industries Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Clark Material Handling Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Hyster-Yale Materials Handling, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Pallet Stacker Market, By Application
    • 6.1.1 Warehousing
    • 6.1.2 Manufacturing
    • 6.1.3 Retail
    • 6.1.4 Logistics
    • 6.1.5 Construction
  • 6.2 Pallet Stacker Market, By Power Source
    • 6.2.1 Electric Pallet Stackers
    • 6.2.2 Diesel Pallet Stackers
    • 6.2.3 Manual Pallet Stackers
    • 6.2.4 Hybrid Pallet Stackers
  • 6.3 Pallet Stacker Market, By Product Type
    • 6.3.1 Manual Pallet Stackers
    • 6.3.2 Semi-Automatic Pallet Stackers
    • 6.3.3 Fully Automatic Pallet Stackers
    • 6.3.4 Walkie Stackers
    • 6.3.5 Rider Stackers
  • 6.4 Pallet Stacker Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales
    • 6.4.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Pallet Stacker Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Pallet Stacker market is categorized based on

By Product Type

• Manual Pallet Stackers
• Semi-Automatic Pallet Stackers
• Fully Automatic Pallet Stackers
• Walkie Stackers
• Rider Stackers

By Application

• Warehousing
• Manufacturing
• Retail
• Logistics
• Construction

By Distribution Channel

• Direct Sales
• Distributor Sales
• Online Retail

By Power Source

• Electric Pallet Stackers
• Diesel Pallet Stackers
• Manual Pallet Stackers
• Hybrid Pallet Stackers

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Crown Equipment Corporation
• Linde Material Handling
• Jungheinrich AG
• Hyster-Yale Materials Handling, Inc.
• Toyota Industries Corporation
• Doosan Industrial Vehicle
• Mitsubishi Forklift Trucks
• Raymond Corporation
• Clark Material Handling Company
• Hangcha Group Co., Ltd.
• Combilift Ltd.
• Manitou Group
• KION Group AG
• Nilkamal Limited
• EP Equipment