USA MMH: 2017 Top 20 Forklift Truck Suppliers

In 2017, the cumulative sales volume of five types of forklifts for domestic mobile industrial vehicle manufacturers was 496,738 units, an increase of 34.23% compared with 370,067 units in the same period last year. From this list, we can see that the magazine has listed the four companies of Heli, Hangcha, Longgong and Zhongli in the rankings, among which the joint force still holds the seventh place, and Hangcha is the ninth place last year. Rising to the eighth place, Longgong rose from the 16th place last year to thirteenth, and the Zhongli EP was still in the 14th place, but the MMH’s statistical basis for the EP is that the equipment sales revenue reached 236 million US dollars. MMH does not take into account the fact that the equipment of the medium power includes other equipment in addition to the seven types of equipment in the forklift classification of the American Industrial Vehicle Association. In addition, we also noticed that in the ranking, the 14th China Zhejiang Zhongli Machinery Co., Ltd. EP Equipment, Ltd. sales of 236 million US dollars is lower than the sales of the fifteenth ranked Combilift Ltd. $259 million, so we have revised the rankings of the two companies.

Although the magazine has noticed the development of domestic forklift manufacturing enterprises, it still fails to truly reflect the ranking of global industrial vehicles. The data from China's individual manufacturers are quite different. The authoritative data obtained by China Fork Network shows that China Liu Liugong's revenue in 2017 was 605 million yuan (about US$93 million), ranking 18; JAC JAC's 2017 revenue was 600 million yuan (about US$92 million), ranking 19, of which Liugong forklift Through the C series batch production, electric forklifts, medium and large tonnage forklifts and direct mode innovation, credit management and other model innovations have achieved breakthrough results, JAC JAC main business indicators leapfrog growth, production, sales, revenue growth are over 40%.

China's entry into the top 20 global companies has continuously strengthened its influence in the international arena. In the first half of 2018, the total sales volume of industrial vehicles was 307,577 units, an increase of 26.62% compared with 242,907 units in the first half of 2017. Among them, the domestic sales volume was 227,957 units, an increase of 23.7 compared with the 184,279 units in the first half of 2017. %, the export sales volume was 79,620 units, an increase of 35.81% compared with the 58628 units in the first half of 2017. The total sales volume of electric forklifts was 132,194 units, an increase of 43.94% compared with 91,837 units in the first half of 2017. The forklift continues to grow. Ningbo Ruyi Co., Ltd. and Zhejiang Nuoli Machinery Co., Ltd., which focus on warehousing and logistics handling equipment, have sold more than US$71 million in 2017 (excluding semi-electric stackers and manual handling vehicles). In the future, it is likely to hit the top 20 in the world. China's Zhejiang Jixinxiang Forklift Manufacturing Co., Ltd. and Shaoguan BYD Industrial Co., Ltd. have nearly nearly US$0.7 billion in sales in 2017. The two companies will also hit the top 20 in the near future.

As in previous years, the American Journal of Modern Material Handling has not been able to rank Sweden's Kalmar and China's Trinity for various reasons. If we only say that the forklift industry has developed well this year, it is too understatement. After reaching a new development high in 2016, the sales of forklifts in 2017 easily surpassed the original record. Globally, the sales volume of the industrial vehicle market has increased by nearly 16%, which is almost twice the global sales growth rate of forklifts in 2016. The high growth rate in 2016 is largely based on the flat development of the global market in 2015.

In the United States, "Modern Material Handling" (MMH, hereinafter referred to as "Modern" magazine), the top companies in the global top 20 forklift suppliers list, the total revenue in 2017 increased by 21%.

In the 2016 list, the total value of the top 20 companies' revenues increased by 7.5%. After a relatively flat 2015, the market ushered in a peak. This year, no matter what kind of variables, foreign exchange or reverse trend, it can't stop the sharp growth of the forklift industry. Electric forklifts still dominate, but Scott Johnson, the current chairman of the American Industrial Vehicle Association (ITA) and vice president of marketing at Clarke Material Handling, said that not only is the electric forklift a benefit from the industry's burgeoning momentum. .

"All industrial vehicle types have shown a positive development year by year. Some people have predicted that the advantages of electric forklifts are obvious, the development of lithium ion and fuel cell forklifts is very eye-catching, the emerging technology is developing rapidly, and the internal combustion forklift market may be reduced. But in fact, sales of internal combustion forklifts have also achieved double-digit growth," Johnson said.

And the growth is continuing, Johnson said, which is based on the performance and related technology of the forklift itself is constantly improving and improving. “I believe that many customers have taken forklift products as an integral part of their overall operations for productivity and cost considerations. Today's forklift equipment is more efficient to operate, has a lower total cost, and even has spare parts on some forklifts. The configuration is steadily decreasing. Many forklift users want to feel the benefits of new products as soon as possible," Johnson said.

Whether it is the domestic market or the international market, Johnson said that everyone is confident in the market and the whole industry will maintain healthy and stable development for a period of time. “The manufacturing industry is constantly returning to the development track, and the market in North America is growing. This also makes the major companies maintain an optimistic attitude. The development momentum in the first half of this year is strong, and there seems to be no major obstacle in the second half of the year,” he said. "Economists may point out that economic development will slow down in the second half of the year, but even if it shrinks by 5% or 6%, it cannot change the fact that this year will be a phenomenon year."

1. Toyota Automatic Loom Co., Ltd.

Japan's Toyota Automatic Loom Co., Ltd. (TICO) once again shines the entire ranking with a 33% increase. Last year, the company's sales reached a record of 10 billion US dollars, this year reached 11.4 billion US dollars, the sales of forklifts reached 263,000, tens of thousands more than 2016. A spokesperson for Toyota Automatic Loom Co., Ltd. said that the material handling equipment market as a whole is expanding globally, with major drivers in China, emerging countries, the US and Europe. "In this environment, Toyota Automatic Loom Co., Ltd. further strengthened the structure of product production and sales, continuously introduced new products, and put them into the right market. In December 2017, Toyota began to market in Japan. Sales of the new 'Rinova' series of forward-moving electric forklifts. These driving measures have further driven the sales of forklift products that were originally dominated by different market segments," he said.

In addition, Bastian Solutions of the United States and Vanderlande Industries of the Netherlands joined Toyota Industries Group in April and May 2017, respectively. These two companies added 294.9 billion yen to the group. Net sales accounted for 30%.

2. KION Group

As one of the few companies with double-digit growth, KION’s total revenue increased by 15% in US dollars and by 8.2% in Euros. In 2017, KION Group sold 201,000 forklifts, and sales increased by 13%. At the 2018 Atlanta International Logistics, Supply Chain Equipment and Technology Exhibition (Modex 2018), the KION Group launched five new forklifts for the US market. At the Modex Atlanta Logistics Show, the KION Group presented products from several countries to Dematic, Linde and Baoli brands. The KION Group's lithium-ion forklifts also added a range of products with lifts of 2 tons and 3 tons respectively. In January 2018, KION Group and Zhejiang Zhongli Machinery Co., Ltd. (EP) reached an agreement to achieve an exclusive and global strategic partnership, and intend to further deepen cooperation in the field of storage equipment and achieve a win-win situation.

“In 2017, KION’s performance achieved record results,” said Michael Hauger, senior vice president of the company’s public sector. “The development strategy and the pursuit of long-term development, the KION Group has started a new journey. This time, For the first time, we have included Dematic in the statistics for the entire fiscal year. Dematic is an expert in automation technology and supply chain optimization solutions. It came to our group through acquisition at the end of 2016. The development strategy is organized and planned, plus Dematic With the help, KION Group has achieved breakthroughs in product orders, product revenue, EBIT, EBIT and net income."

3. Jungheinrich Group

The Jungheinrich Group rose to a position and returned to the third place on the list. The Jungheinrich Group's total revenue increased by 11.3% (in euros), and industrial vehicle orders and production increased by 13%. In the past year, Jungheinrich has launched a new stacker that adds a 5,500-pound pallet truck to the North American production line, while also increasing the production of tower cranes. Through a series of advancement strategies, Jungheinrich aims to improve productivity and production levels as a whole.

“Jungheinrich is striding forward on the road of development. In 2017, we have achieved considerable growth at all levels. Our new car business in the core market in Europe has strong growth momentum, and the logistics management system business unit is growing violently. These have driven the overall development of the group,” said Hans-Georg Frey, chairman of Jungheinrich Group. “We set a development goal of: annual sales of $4 billion by 2020. Today, we have reached new heights again. Milestones are a step closer to our development goals."

4. Mitsubishi

Jungheinrich has entered into an agreement with Mitsubishi-Caterpillar Forklift North America (MCFA) for product manufacturing and distribution, which is marketed by Mitsubishi-Caterpillar Forklift North America in the North American market. In October 2017, MCFA's parent company, Mitsubishi-Lizhiyou, reorganized its management with UniCarriers acquired in 2015, and the fourth-ranked company on the list today is Mitsubishi Logisnext, with an annual revenue increase of 12.5%. , reached 3.8 billion US dollars. The company sold 113,000 industrial vehicles in 2017, more than 5,000 more than in 2016.

Mitsubishi has launched a new diesel pneumatic forklift truck, and UniCarriers North America has introduced a pneumatic tire internal combustion diesel forklift. MCFA celebrated its 25th anniversary and expanded its 40-acre manufacturing facility in Houston on this big day. The Houston manufacturing facility is not only MCFA's industrial vehicle manufacturing facility, but also the product output headquarters. The products here support MCFA's customer base in North America, Central America and South America. In addition, MCFA has established a new regional distribution center in Dallas. Currently, MCFA stocks 60 million US dollars of parts and components in five US parts and components factories. In August 2017, MCFA and Jungheinrich announced a joint venture to build a new joint venture, the Texas Industrial Parts Manufacturing Plant, headquartered in Conroe, Texas, covering an area of 71,000 square feet, primarily in the manufacturing industry. Use parts.

5. Kelang Equipment Company

Coran’s total revenue has grown by nearly 6%, surpassing the $3 billion mark and still maintaining its fifth place on the list.

6. Hyster-Yale Material Handling Equipment Company

In 2017, the equipment volume of Hyster-Yale Material Handling Equipment Company increased by 10% compared with 2016, reaching 93,400 units. At the same time, the company's total revenue growth rate exceeded 12%, ending with 2.9 billion US dollars. The Hyster-Yale spokesperson said that the company's production of industrial vehicles and parts continued to increase, and the transaction price was relatively lower than that of 2016, which drove the company's overall revenue growth. The volume of higher-value industrial vehicles continues to increase, especially the sales of the new fifth-type internal combustion forklifts, heavy-duty 3.5-8-ton forklifts, and first- and second-type electric forklifts, which ultimately help the Hyster-Yale material handling Equipment companies have achieved long-term growth in the Americas.

Although it is not related to 2017 revenue, it is still a major event worth mentioning: In December 2017, Hyster-Yale Material Handling Equipment Co., Ltd. announced that it will acquire the equity of China Zhejiang Meikes Forklift Co., Ltd. and become the company's Major shareholder.

Mecos is a Chinese original equipment manufacturer founded in 2006 with more than 600 employees. In 2011, it was successfully rated as “a high-tech enterprise supported by the state”. The total investment scale of Meikes is 420 million yuan, covering an area of 130,000 square meters. It is dominated by logistics handling machinery. The annual designed production capacity is 30,000 units, and the output value can reach 2.5 billion yuan. The factory has advanced parts processing center, robot welding equipment, component hoist conveyor line, painting line, assembly line, machine performance testing line, forklift component test bench and ERP management system. At present, it has successfully developed M series internal combustion 1.0-32 tons counterbalanced diesel forklift, internal combustion 1.0-4.5 tons counterbalanced gasoline/liquefied gas/natural gas forklift, battery 0.5-5 tons counterweight four-point forklift, battery 1.3-2.0 More than 300 models of ton balance heavy three-point forklift, battery 1.0-2.0 ton forward forklift, battery 1.3-1.5 ton three-way stacker, all-electric stacker/transporter, battery all-round mobile forklift and tractor Series of products.

7. China Anhui Forklift Group

Although China's Anhui Forklift Group ranked seventh, its revenue growth rate ranked second in the list. The annual output of China's Anhui Forklift Group forklifts is 121,033 units, an increase of 40% over the previous year. In 2017, annual revenue reached US$1.3 billion, and China’s statistics in US dollars increased by 45%.

In addition to the current flagship brand “HEI”, China Anhui Forklift Group also launched a new brand “CHL” in 2017, mainly for emerging market products.

8. China Zhejiang Hangcha Group Co., Ltd.

China Zhejiang Hangcha Group Co., Ltd. rose to a position and came to the eighth place on the list. Hangyong’s annual revenue increased by nearly 30% (at local exchange rates), and equipment production increased by 28% compared to 2016, reaching 105,091 units. A spokesperson for Hangcha said that 2017 is the first full fiscal year after Hangcha’s listing on the Shanghai Stock Exchange. Hangcha has officially entered the financial leasing industry through the acquisition of shares in Shenzhen International Finance Leasing Co., Ltd.

At the same time, Hangcha also invested in relevant research and development companies to further improve the productivity of components. “The Chinese government has intensively promoted a number of incentives and incentives, including supply-side reforms, the Belt and Road Initiative, and the China Manufacturing 2025 Program,” said a spokesperson for Hangcha. “At present, the domestic manufacturing industry is gradually recovering, and the potential of domestic demand is constantly being Excavated and developed, we are full of energy and full of confidence."

9. Doosan Industrial Vehicle Company

Doosan Industrial Vehicles’ revenue for the year 2017 increased by 21% to reach the $1 billion mark. A spokesperson for the company said that the company's main performance growth point is in developed international markets, such as North America and Europe, as well as in the Korean domestic market, Doosan industrial vehicles are widely sold, and after-sales service has been unanimously recognized by customers.

10. Clark Material Handling Company

Clarke Material Handling Inc.'s annual yield increased by 5.5%, ranking 10th on the list. Clark introduced a new S-series internal combustion forklift. The design of the new car is clean and neat. The whole car is light and durable. It is a new concept that combines design, sales, promotion and end-users. It has been pushed to North America. Asia, Australia and Europe have received wide acclaim. After three years of global design investment, prototype testing and field trials, the S-Series has introduced a variety of power configurations including LPG, dual fuel and diesel.

“Clark continues to invest and increase investment in global manufacturing platforms,” said Scott Johnson, vice president of marketing at Clarke Material Handling. “These investments ensure that the company strategically supports the overall international development goals and development prospects. The company's heavy-duty internal combustion forklift production facility in Lexington, Kentucky, is operating in an exciting way, driving the rental of equipment in key areas such as local manufacturing and construction. The global sales of the S-Series forklifts are in the company's history. An important milestone."

• Detailed analysis of the top ten after the list

Komatsu Equipment Inc.'s annual revenue increased by 5.4%, maintaining its eleventh position on the list. Followed by Hyundai Heavy Industries Co., Ltd., but the company failed to provide its 2017 sales revenue data as of the date of publication.

China Longgong Forklift Co., Ltd. climbed from the 16th place on the list last year to the thirteenth place on the list, and the sales revenue almost doubled. In 2017, Longgong sold 50,000 units, which is 25% more than the sales of 40,000 units in 2016.

China Zhejiang Zhongli Machinery Co., Ltd. has an annual sales income of 236 million US dollars, a growth rate of 18%, ranking 14th on the list. The main products of Zhejiang Zhongli are the Big Joe brand pallet trucks, stacker trucks and picking trucks. A spokesperson of the company said that Zhongli has launched a brand new third-class forklift product with obvious advantages and high market acceptance. As a result, the sales volume of equipment has increased violently, reaching 50,000 units.

Ireland Comb Equipment Co., Ltd. ranked 15th in the list with a sales growth rate of 14% and sales of 5,030 units. Comb's products mainly include four-point forklifts, side loading equipment and cross-leg loaders. In the fields of interior construction and manufacturing, Combe's equipment is perfectly suited to the needs of dense spaces, and users do not need to expand production. The area of the site allows for the handling of materials. This spatial advantage makes the life of the Combiby equipment enduring.

Last year's list of rookies - the French company Manitou company won the 17th place on the list, and Manitou's sales revenue increased by 45% this year, and it came to the 16th place. “The sales of our gantry forklifts in 2017 have grown rapidly. This is due to the company’s promotion in various markets around the world and the launch of new products,” said Jean, Vice President, Global Industry Sales and R&D, Manitou. - Pierre Guerand said, "We have become a development beacon in major market sectors. In 2018, we launched a new industrial forklift production line, mainly for the North American market. It is expected that our 2018 will be another bumper year. Manitou Group Committed to leaving our footprint in the global forklift market, we are pursuing long-term, stable development."

As of press time, Konecranes is unable to provide 2017 sales revenue data, "Modern Material Handling" magazine used its 2016 sales revenue - $ 185 million, so Kony fell from the fifteenth position to the list Seventeenth place.

The 18th place is the German company Hubtex. Hubertx manufactures special vehicles, including multi-directional side-loading loaders, diesel or liquefied petroleum gas four-point side-loading loaders, picking systems, and direct-moving forklifts. In 2017, the company sold 617 units, an increase of 5% compared to 589 units in 2016. “The increase in equipment sales is mainly based on two important factors,” said Michael Röbig, manager of the company's marketing division. “The global economic environment is developing steadily. The new multi-directional forklift 'Flux' series and four-point side shifting we developed After the launch of the 'Maxx' series of products, the products received a good response. In addition, the sales volume of special vehicles is constantly increasing."

As of the date of publication, Paletrans of Brazil was unable to provide 2017 sales revenue data, and its 2016 sales revenue was ranked 19th.

The list is still the Indian Godrej & Boyce manufacturing company. In 2017, Godrej & Boyce Manufacturing introduced the second type of reach trucks and the new Class 4 and Class 5 light diesel vehicles with a payload of 1.3-3 tons. The Godrej & Boyce manufacturing company sold nearly 3,000 forklifts.

2017年全球20强叉车供应商排行榜（MMH排名）