The global forklift truck and industrial material handling equipment market remains highly competitive, with a handful of major manufacturers dominating market share. Now we’re firmly stu, several leading forklift brands are projected to continue their strongholds while investing in innovative new product lines and technologies.
Whether your business requires counterbalance forklifts, narrow aisle lift trucks, pallet jacks or speciality equipment, purchasing from a reputable manufacturer is crucial. Quality engineering, reliability and total cost of ownership should all factor into your buying decision.
Our overview highlights some of the top forklift manufacturers slated to remain significant players in 2024.
Hyundai Material Handling
Delivering dependable performance and value, Hyundai forklifts are a popular choice for businesses seeking a balance of capability and affordability. Their extensive lineup offers a variety of options to fit your needs, from diesel and LPG-powered forklift models for heavy-duty tasks to electric truck options ideal for indoor environments.
Hyundai forklifts are known for:
- Durability – Built to last, these machines can easily handle demanding workloads.
- Operator comfort – Ergonomically designed cabins prioritise operator well-being, reducing fatigue and increasing productivity.
- Low total ownership cost – From fuel efficiency to minimal maintenance requirements, Hyundai forklifts keep operating costs down.
This focus on maximising return on investment is a core principle at Hyundai. The company’s Construction Equipment Division is renowned for its industry-leading approach, which utilises advanced ergonomics, rigorous quality control and innovative engineering.
The New Hyundai BE-X Electric Forklift Brand
Hyundai’s BE-X Series is their latest line of electric trucks designed to meet the evolving needs of modern businesses. This innovative series prioritises efficiency, sustainability and operator comfort. With extended run times and rapid charging Lithium-ion batteries, the BE-X Series reduces downtime and energy consumption.
Advanced safety features and an ergonomically designed cabin ensure operator well-being and productivity. By combining performance with environmental responsibility, the Hyundai BE-X Series is poised to change the forklift market.
Linde
A premium German brand, Linde Material Handling is a subsidiary of the KION Group alongside other respected names like Baoli, Fenwick, STILL, Dematic and OM. Linde forklifts offers a comprehensive range, including:
- Counterbalanced diesel, gas and electric forklifts
- Warehouse trucks (reach, order pickers, tractors)
- Container handlers
- Automated pallet trucks and robotics
This leading forklift manufacturer prides itself on innovative truck concepts optimised for diverse applications, like the Roadster series, which combines traction, manoeuvrability and performance. The company continues pushing boundaries with lithium-ion (Li-ION)-powered forklifts designed for quick reloading and higher energy efficiency.
Combilift
Based in Ireland, Combilift specialises in innovative, space-saving forklifts, such as the multidirectional, side loader and pedestrian stacker models. Built for superior manoeuvrability in tight areas, Combilift trucks can work efficiently in narrow aisles and lift long, bulky loads with precision, thereby streamlining storage and transport.
The company continues developing new space-optimising models like the Combi-WR, its first pedestrian-operated walkie reach stacker that can operate in aisles of just 2.1m.
Aisle Master
Part of the Combilift group, Aisle Master articulated forklift trucks optimise warehouse storage capacity by operating safely and efficiently in narrow aisles as little as 1.6m wide while lifting loads between 1.5 and 3 tons. The specialised design allows operators to work along aisles instead of across them.
With a focus on compact and manoeuvrable forklifts designed for tight spaces, Aisle Master caters to warehouses with limited room.
Toyota Industries
As the world’s largest manufacturer of forklifts and material handling equipment, Toyota retains its solid position in the material handling industry in 2024. The Toyota Industries Corporation and its Toyota Material Handling range span:
- Counterbalanced forklifts (diesel, gas, LPG, electric)
- Reach trucks, order pickers and pallet jacks
- Towing tractors
- Automated guided vehicles (AGVs)
Toyota’s brand reputation is built on durability, operator ergonomics and a focus on sustainability and environmental performance. The company continues launching innovative lift trucks like the line of high-capacity electric forklifts up to 8,000 lb capacity.
Jungheinrich Forklift Trucks
This leading German manufacturer of electric lift trucks and warehouse equipment is renowned for its high-quality products and integrated logistics solutions. Jungheinrich specialises in:
- Electric counterbalanced forklifts
- Reach trucks and order pickers
- Automated guided vehicle systems
- Racking solutions and workspace planning
Jungheinrich trucks stand out for their energy efficiency, low total operational costs and integrated digital warehouse management technologies. The brand’s lithium-ion batteries offer superior performance over traditional lead-acid models.
Hyster-Yale Materials Handling
Hyster
Owned by Nacco Materials Handling Group, Hyster is a leading capital equipment brand providing:
- Counterbalanced IC electric and internal combustion forklifts
- Warehouse trucks and tow tractors
- Container handlers
- Straddle carriers
- Forklift attachments and integrated solutions
They’ve earned a reputation for rugged, heavy-duty equipment that can withstand punishing applications across sectors like lumber, mining, ports and steel. The Hyster UT series remains one of the most popular unitised truck lines.
Yale
Another respected Nacco Group subsidiary, Yale is a leading manufacturer of lift trucks specialising in:
- Cushion and pneumatic tyre lift trucks
- Order pickers
- Pallet trucks
- Burden carriers
- Straddle stackers
Yale forklifts, like the ERP 030-035 BG range, cover electric counterbalance models with capacities from 3,000-8,000 lb for warehousing to heavy outdoor duties like construction material handling.
Mitsubishi Forklift Trucks
As part of Mitsubishi Logisnext, this trusted global brand offers a comprehensive portfolio of products, including:
- Electric and engine-powered forklifts up to 55,000 lb capacities
- Order pickers, stackers, VNA trucks and AGVs
- Rough terrain forklifts
- Hand pallet trucks/jacks
Mitsubishi stands out for reliable forklifts suited to demanding 24/7 operations. The company has a strong reputation in core markets like general and automotive manufacturing.
Beyond Brand Names: Key Considerations When Choosing a Forklift
While brand recognition is important, selecting the right forklift goes beyond the manufacturer’s name. Here are some crucial factors to weigh in on your decision-making process:
Fuel Source
- Electric – Electric lift trucks are ideal for indoor environments due to minimal emissions and quiet operation, but they require recharging and may have limited runtime compared to some combustion options.
- Diesel – Internal combustion models, like diesel forklifts, are powerful and well-suited for outdoor applications with extended use cycles. However, they emit pollutants and require proper ventilation when used indoors.
- LPG – Gas forklifts offer a balance between electric and diesel. They have lower emissions than diesel, but they still require ventilation indoors.
Lift Capacity and Height
Choose a forklift with a capacity exceeding the heaviest loads you intend to handle. Plus, ensure your chosen model can reach the highest storage areas in your warehouse or job site.
Manoeuvrability
Tight aisles or congested work areas? Opt for a forklift with a compact design and a sharp turning radius. This allows for smooth movement and minimises the risk of collisions.
Workplace Conditions
Evaluate factors like floor surfaces, aisle widths and ventilation needs when selecting a suitable forklift type.
Picking From the Top Forklift Truck Manufacturers
As we head into 2024, these industry-leading manufacturers are expected to continue delivering innovative, high-performance forklift trucks and materials handling solutions. From compact electric warehouse models to heavy-duty rough terrain lifts, specialised options are available to suit any application or industry need.
TAG Forklifts: Supplying You with the Best Forklift Brands
At TAG Forklifts, we understand that every business has unique material handling requirements. That’s why we offer a comprehensive selection of new and used forklifts from leading manufacturers like Hyundai, Linde, Combilift and Aisle Master.
Our specialist team will work closely with you to assess your specific needs and recommend the perfect forklift solution to optimise your efficiency and productivity.
Whether you require a long-term hire, a one-time purchase, or ongoing maintenance services, TAG Forklifts is your trusted partner for all your forklift truck and material handling equipment needs in the North West. Contact us today.
