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Forklifts are industrial vehicles that are powered by either electric batteries or combustion engines. They feature a power-operated forked platform that is attached to its front. The platform has the ability to be raised and lowered in order to attach to cargo in order to lift or move it to another location. Forklifts are typically operated by a person that is sitting and driving the machine. They are used throughout many various industries in order to transport materials and goods. This article will present information on the top suppliers of forklifts both globally and in the U.S. Additional information concerning forklifts will also be summarized.
At A Glance:
There are seven different forklift classes ranging from category 1 to category 7. The classifications are based on the fuel type, application and features of the forklifts. Click the links below to learn more about a specific class. Types of Forklifts with High-Def Pictures: Understand the 7 Classes. Forklifts are divided into seven (7) types according to OSHA based on their basic function, intended purpose, and individual characteristics. We also provided clear pictures below so that you can easily distinguish one from another. 7 Different Types of Forklifts TYPES OF FORKLIFTS: fork crane models for industrial use within warehouses, hydraulic three-wheeled electric forklifts, etc. Forklifts have different shapes and sizes, also meet different and varied purposes. There are three basic types of rough terrain forklift: Vertical mast type. This is an example of a ruggedly constructed forklift and is designed to be used primarily outdoors. Variable reach type. This is an example of a vehicle equipped with a telescoping boom, which enables it to pick and place loads at various distances and lift heights in. According to the categorization of forklifts, there are 6 different types, which denominated by numbers, range from the simplest forklift; that has a small counterweight and a cabin for a passenger to the all-terrain forklift, which has a closed cabin with capacity for two passengers, with pneumatic tires and with a large forks mast.
The key components of a forklift are as follows:
Forklift designs vary, depending on the intended application and the needed lift capacity. Some of the more common types of forklifts are as shown below:
Forklifts are critical for efficient material handling and have a variety of uses and applications, a few of which are shown below:
Table 1 below presents the top 4 U.S.-based manufacturers of forklifts. The table shows the company name, location city, and state, the year that the company was founded, and the approximate annual sales volume in billions of U.S. dollars.
Company Name | City | State | Year Founded | Approximate Sales* |
Deerfield | IL | 1925 | $14.3 | |
Greenville | NC | 1844 | $3.2 | |
New Bremen | OH | 1945 | $3.1 | |
Lexington | KY | 1917 | $0.8 |
1. Caterpillar offers a wide range of materials handling equipment, including ride-on pallet trucks, walkie trucks, order pickers and reach trucks. Their forklift trucks feature capacities from 2,500 to 100,000-plus pounds, and they are available in either electric, liquid propane, diesel or gasoline-powered type machinery.
2. Yale Materials Handling Corporation produces forklifts powered by either diesel, liquid propane, gasoline or electricity. The company is recognized for its customer service abilities as they also provide training, financing and maintenance services relevant to their forklift offerings.
3. Crown Equipment Corporation provides forklifts with different technological innovations. They offer new, used, reconditioned and rental forklifts. The company’s product offering focuses on pallet moving, order picking, and other specialized tasks.
4. Clark manufactures material handling equipment with lifting powers from 1,500 to 100,000-plus pound capacities. One of their main product offerings includes narrow-aisle trucks to be used in warehousing situations.
In Table 2 below, the top 7 global forklift manufacturers are shown, listed in descending order by approximate sales volume in billions of U.S. dollars. Also shown in the table is the city and country of the company's headquarters and the year in which the company was founded.

Company Name | Location | Year Founded | Approximate Sales* |
Toyota Industries Corporation | Kariya, Aichi, Japan | 1926 | $8.78 |
The KION Group | Frankfurt, Germany | 2006 | $5. 92 |
The Jungheinrich Group | Hamburg, Germany | 1953 | $4.25 |
Mitsubishi Logisnext Co., Ltd. | Tokyo, Japan | 1937 | $.3.7 |
Anhui Heli Co., Ltd. | Hefei, China | 1958 | $1.28 |
Tokyo, Japan | 1921 | $1.21 | |
Hangcha Group | Hangzhou, China | 1956 | $1.07 |


1. Toyota Industries Corporation produces forklifts under its Toyota Industrial Equipment Manufacturing, TIEM, product line. They have been recognized for making top-of-the-line forklifts for various industries. They manufacture internal combustion forklifts, electric forklifts, pallet jacks, reach trucks, order pickers and more.
2. The KION Group is the largest manufacturer of industrial material handling trucks in Europe and the largest manufacturer of electric forklifts in the world. They product forklifts under their brands Linde, Baoli, STILL and Dematic.
3. The Jungheinrich Group offers new, used and rental forklifts. They product electric, combustion or manual powered machinery, some of their forklift product line includes pallet trucks, order pickers and reach trucks.
4. Mitsubishi Logisnext Co., Ltd. manufactures a wide range of material handling equipment. Their product offerings include electric and engine-powered forklifts. These products are available under their brands of Mitsubishi Forklift Trucks, UniCarriers, Nichiyu Electric Forklift, CAT Lift Trucks, TCM, and Rocla.
5. Anhui Heli Co., Ltd. is responsible for the HELI brand of forklifts. The company’s product line includes engine-powered forklifts, electric forklifts, forklift trucks, and battery-operated forklift machinery.
6. Komatsu manufactures heavy-duty machinery for the materials handling industry. Some of their forklift offerings include cushioned, pneumatic, electric riders and narrow aisle forklift equipment.
7. Hangcha Group offers a complete range of material handling equipment. Their product line includes forklift trucks, electric forklifts, side-loading forklifts, and explosion-proof forklift machines.
Table 3 below summarizes the different classes for forklifts, including machine type, fuel, and usage.
Class | Machine Type | Fuel Type | Used For |
I | Electric Motor Ride Truck | Electric |
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II | Electric Motor Narrow Aisle Truck | Battery |
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III | Electric Motor Hand Truck | Battery |
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IV | Internal Combustion Engine with Cushion Tires | Gas or Diesel |
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V | Internal Combustion Engine Trucks with Pneumatic Tires | Gas or Diesel |
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VI | Electric and Internal Combustion Engine Tractors | Battery, Gas or Diesel |
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VII | Rough Terrain Forklift Truck | Gas or Diesel |
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This article summarized the top manufacturers of forklifts both in the U.S. and globally, In addition, the article outlined some general knowledge about forklifts including the key components, types, usage, and classifications. For more information on North American based commercial and industrial suppliers, visit the Thomas Supplier Discovery Platform, where you will find over 500,000 commercial and industrial suppliers, including more than 1,000 forklift suppliers.
