Benefiting from the growth of the demand of downstream logistics and storage and the increase of the rate of electrification, the sales of the domestic forklift products will increase steadily. The sales growth of the electric forklift products will be faster and the proportion of the product will be further improved because of its advantages of energy saving and environmental protection. According to the prospective database data, the cumulative sales of forklift trucks in China reached 337 thousand in 1-11 months in 2016, up 11.52% from the same period, and the sales of forklift trucks are expected to exceed 360 thousand units in the year to reach a new high.

The following are the sales and growth rates of forklifts in China in 1-11 2016.

In 2016, in January and April, the sales of forklift trucks declined in January and April. All the other months were increased year on year. The growth rate of 8-11 months was above 20%. The cumulative sales of electric forklift trucks were 113 thousand and 600 in 1-10 months, 15.76%, 190 thousand and 500 of internal combustion forklift trucks, 6.59% of the same year, and the increase of electric products. The speed is faster than the internal combustion forklift. Due to the increase in the demand for warehousing and distribution in the logistics industry, the sales of electric forklift trucks are faster than the internal combustion forklift trucks and the proportion is further promoted. The forklift industry is developing mainly from internal combustion to electric power.

In the long run, forklift truck industry will continue to benefit from the growth of total logistics, rising labor costs and rising global market share. According to the foresight Industry Research Institute, the market space of forklifts will increase from 14 billion 800 million yuan to 19 billion 300 million yuan in 2016-2020 years. This round of demand recovery, in the time scale, many fields remain consistent, the recent engineering machinery, machine tools, robots and other fields of demand improved, the middle reaches of manufacturing demand warming is spreading from point to surface. At the same time, the forklift industry has not been affected by the crazy promotion, and there is no bad consequence of the large-scale credit sales in the construction machinery industry. Therefore, in the recovery process of the industry, the forklift manufacturers will be very intuitively embodied in the new machine sales.