Top 20 Lift Truck Suppliers of 2015

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Top 20 Lift Truck Suppliers

The numbers have been tallied and the list of the 20 largest lift truck suppliers is out.  Toyota takes the number one spot and Clark broke the top 10 for the first time!

2015 Rank Company 2014 Rank 2014 Revenue (in millions) 2015 Revenue (in millions) % Change 2014-2015 North American brands World headquarters
1 Toyota Industries Corporation 1 7712 8346 8.20% Toyota, Raymond Aichi, Japan
2 KION Group 2 5314 5659 6.50% Linde, Still, Baoli, Egemin Wiesbaden, Germany
3 Jungheinrich AG 3 3033 2998 -1.20% Sold in NA by MCFA Hamburg, Germany
4 Crown Equipment Corp. 5 2500 2640 5.60% Crown, Hamech New Bremen, Ohio
5 Hyster-Yale Materials Handling 4 2767 2578 -6.80% Hyster, Yale Cleveland, Ohio
6 Mitsubishi Nichiyu Forklift Co. 6 2159 2012 -6.80% Mitsubishi, Cat, Jungheinrich Kyoto, Japan
7 UniCarriers Corp. 7 1533 1625 6% UniCarriers, TCM, Atlet, Barrett Tokyo, Japan
8 Anhui Forklift Truck Group 8 1123 907 -19.20% Heli Hefei, Anhui, China
9 Komatsu Ltd. 10 900 760 -15.60% Komatsu Tokyo, Japan
10 Clark Material Handling International 11 741 739 -0.30% Clark Seoul, South Korea
11 Doosan Industrial Vehicle 12 683 706 3.40% Doosan Seoul, South Korea
12 Hangcha Group Co. Ltd. 9 971 704 -27.50% HC, Hangcha Hangzhou, China
13 Hyundai Heavy Industries 13 477 477 0% Hyundai Ulsan, South Korea
14 Combilift Ltd. 16 190 212 11.60% Combilift Monaghan, Ireland
15 Lonking Forklift Co., Ltd. 14 190 163 -14.20% Lonking Shanghai, China
16 EP Equipment Ltd. N/A 135 160 18.50% Big Joe Hangzhou, China
17 Hytsu 18 82 82 0% Hytsu Shanghai, China
18 Hubtex 17 75 76 1.30% Hubtex Fulda, Germany
19 Paletrans Equipment 20 69 69 0% Paletrans Cravinhos, Brazil
20 Godrej & Boyce Manufacturing 19 76 67 -11.80% Not available in North America Mumbai, India

Information Courtesy of Modern Materials Handling.