The current turbulent global situation, alongside trade pattern adjustments, accelerated energy transition, and supply chain restructuring, has brought significant growth opportunities to the new energy handling and logistics equipment industry, dominated by electric forklifts, electric pallet trucks, and electric scissor lifts.
Geopolitical conflicts and trade barriers have spurred the industry to strengthen core competitiveness. Tariffs and technical restrictions have driven localized R&D of key components (e.g., power batteries, drive motors), reducing external dependence. The shift toward multi-centric supply chains has also prompted equipment adaptability upgrades for diverse regional scenarios and facilitated localized production, cutting costs and delivery cycles.
Global energy transition and stricter green policies have boosted demand for these three equipment types. With over 40 countries banning fuel-powered construction machinery and 150+ cities setting zero-emission zones, enterprises are replacing traditional fuel equipment. Their environmental friendliness, low noise, and energy efficiency drive surging demand—2024 global electric forklift sales hit $20.51 billion, with electric pallet trucks and scissor lifts seeing parallel growth, especially in food and pharmaceutical sectors.
Supply chain restructuring and technological iteration have promoted equipment upgrading. Localized R&D has advanced intelligence and lightweight design, such as digital scheduling for electric forklifts and optimized PLC control for scissor lifts. Emerging markets (e.g., the Middle East, Latin America) also offer new growth, with strong demand for basic handling equipment boosting product standardization and international adaptability.
In summary, while global turmoil brings uncertainties, it has driven the three core equipment types to achieve localized substitution, demand expansion, and technological upgrading, helping the industry build differentiated advantages for global development.
