From 2015 to 2022, the national forklift sales increased year by year, with a growth rate of more than 30%.This is not only the full release of the market stock during the epidemic, but also with the increasing support of the state to the "new infrastructure", the investment and landing of projects around the world, as well as the demand for equipment generated by the old for the new.From the point of view of the whole forklift industry, greening and intelligentization have become the trend of the industry.

I. Greening

In recent years, driven by the national environmental protection policy of "energy saving and environmental protection", the industrial structure of industrial vehicles is being gradually adjusted, and the greening of the forklift industry has become an unavoidable new trend. Electric forklift has the advantages of non-pollution, low noise, low cost, etc., in the food, beverage, medicine, electronics, textile and other places with high environmental requirements, is gradually replacing the internal combustion forklift, electric forklift is favored by more and more users. Meanwhile, with the continuous development of batteries, motors and electronic control technology, the overall performance of electric forklifts has been qualitatively improved, and the market share will be further increased, especially lithium forklifts, due to the higher environmental friendliness of lithium batteries compared with lead-acid batteries, which will usher in a greater development prospect. 2022, China's lithium forklift local market sales of 171,000 units, a year-on-year increase of 13.1%; exports of 262,000 units, a year-on-year increase of 44.3%; and exports of 262,000 units, a year-on-year increase of 44.2%. million units, up 44.3% year-on-year. This trend is still significant in 2023, benefiting from the rapid development of lithium battery industry, whether it is process maturity, production capacity advantage, and supply chain support, China lithium battery forklift are far ahead, with good prospects for development.

At present, from the point of view of electric forklift market share, the market share of electric forklift in industrial developed countries and regions is generally significantly higher than that of internal combustion forklift, in contrast, China's electric forklift market share is relatively low, electric forklift industry has a greater potential for development of the domestic market. According to statistics, in 2021, the global electric forklift market share of 67.74%, the European region as high as 87.99%, the United States is 69.5%, while China is only 59.83%, and developed countries and regions still have a certain gap.

 LTMG's electric forklift FB25

LTMG follows the development trend of forklift electrification and produces electric forklift trucks in covering different loads from 1.5~12 tons, different types of lead-acid batteries and lithium batteries, which can satisfy the use needs of different people. With low emission and low noise pollution, the service life of the forklift can be up to 5~15 years, and it is suitable for indoor operation on flat and solid ground.LTMG's FB20, FB25, FB30 and so on are the hot electric forklift products, they are of excellent quality, in great demand, and are widely sold overseas and well praised by the customers of various countries, and they are the star products of LTMG.

II. Intelligent

AGV (Automatic Guided Vehicle) that is, automatic guided vehicle, it is a type of industrial robot, belongs to the logistics mobile handling robot. In the logistics industry, machine instead of labor under the background of the AGV robot to the rapid development. It is worth mentioning that 90% of the domestic market for AGV robots are domestic brands, which occupy an absolute leading position in terms of market share. At a time when China's forklift industry is developing at a high speed, logistics intelligence is an important trend for future development, especially since 2020, affected by the epidemic, enterprises are faced with a low rate of resumption of work, personnel shortages, personnel concentration risk, project site deployment constraints and many other dilemmas, prompting the major enterprises to quickly promote the pace of "machine for man" in the Unmanned forklifts and AGV/AMR and other prospective areas, the relevant enterprises are layout.

This market entrants are not only engaged in AGV robot or forklift AGV enterprises, as well as traditional forklift, logistics equipment enterprises. For AGV companies, they focus on the development of related technologies, in addition to the technology to seek "fine" in addition to the product line is also striving to "full". For traditional forklift enterprises, they have the advantages of body design and manufacturing, after mastering the corresponding technology, they can carry out the business of AGV, and enter the forklift AGV market is also an important strategic decision in its transformation and upgrading.

Overall, the current trend of greening and intelligent upgrading of the forklift industry has been very obvious, and the head enterprises are making changes. LTMG has also joined the upgrading team and started to upgrade the product technology, increase the research and development of software, and launched the related intelligent handling system solutions..

With many forklift enterprises exploring their respective development space, the forklift industry will also enter a new stage of development, and keep exploring the development trend of electrification, intelligentization and greening. Enterprises with technology accumulation and those insisting on innovation and transformation will face huge development space, and the future is promising.