Press Release

Turkey Forklift Market is expected to grow at a CAGR of 4.84% through 2030.

Rising adoption of electric forklifts and safety-integrated material handling equipment is enhancing operational efficiency. Focus on reducing carbon footprint and improving productivity are the factors driving the market in the forecast period 2026–2030.

According to TechSci Research report, “Turkey Forklift Market – Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F”, The Turkey Forklift Market was valued at USD 369.61 million in 2024 and is expected to reach USD 490.81 million by 2030 with a CAGR of 4.84% during the forecast period.

Turkey’s forklift market is evolving as industries demand more efficient and reliable material handling solutions. Growing warehousing activity, automation adoption, and logistics expansion are key contributors to rising forklift usage across sectors. Forklifts help streamline goods movement and are now integral to production and storage processes. The market is also witnessing a shift in preferences toward electric and smart models, which offer cost benefits and operational enhancements over traditional variants.

Industrial growth in sectors like automotive, logistics, and retail has led to increasing forklift demand. The adoption of lithium-ion battery forklifts is accelerating due to reduced maintenance, better energy efficiency, and faster charging. Companies are also investing in connected solutions with tracking, diagnostics, and fleet optimization features. Forklift rentals are becoming more common, allowing firms to remain flexible with fleet size during peak seasons or project cycles. These trends support wider adoption of material handling equipment across business sizes and types.

Despite positive momentum, the industry faces challenges like high upfront equipment costs, shortage of skilled workers, and limited charging infrastructure for electric forklifts. Imported component dependency and variable industrial demand cycles also affect supply planning and market growth. To overcome these issues, there is a growing need for localized production, better technician training, and improvements in infrastructure support for electric mobility. With evolving needs and technology integration, Turkey’s forklift market is poised to grow steadily while adapting to industry-specific demands and sustainability goals.

 

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Forklift Market Is Segmented By Power Source, Class, End Use, and Region.

The Turkey forklift market is segmented by power source into electric and internal combustion (IC) forklifts. Electric forklifts are gaining significant attention due to their environmental benefits, lower operating costs, and suitability for indoor applications. These forklifts operate quietly, emit no exhaust, and require less maintenance compared to their IC counterparts. They are commonly used in industries such as food processing, pharmaceuticals, warehousing, and retail, where clean and noise-free operations are essential. The transition toward electric models is supported by increasing corporate sustainability targets and advancements in lithium-ion battery technology, which provide longer operating times and faster charging.

On the other hand, IC engine forklifts remain critical for operations that require higher power and performance, particularly in outdoor environments. Powered by diesel, gasoline, or LPG, these forklifts are suitable for construction sites, ports, and heavy manufacturing where rough terrain and heavy loads are prevalent. IC forklifts offer extended uptime and are preferred in settings with limited access to electric charging infrastructure.

Central Anatolia is emerging as a rapidly expanding region in Turkey’s forklift market, supported by growing industrialization, infrastructure investments, and logistic network development. Cities like Ankara, Konya, and Kayseri are becoming prominent centers for manufacturing and logistics, creating increasing demand for material handling equipment across various sectors. Forklifts are being widely adopted in new industrial zones where efficient internal transport is essential for managing raw materials, semi-finished goods, and end products within facilities.

The region’s strategic geographic location at the intersection of east-west and north-south trade corridors makes it attractive for warehousing and logistics development. Forklifts are being deployed in these facilities to support fast-paced inventory movement and high-volume goods handling. Warehouses are being equipped with newer generation forklifts, including electric and narrow-aisle models, to improve operational productivity and space efficiency.

Major Market Players Operating in Turkey Forklift Market Are:

  • Anhui Heli Co., Ltd.
  • Caterpillar
  • Clark Material Handling
  • Hangcha Group
  • Hyster-Yale Materials Handling Inc.
  • Komatsu
  • Linde Material Handling
  • Simer SAC Metal Sheet Processing & Forklift
  • The KION Group
  • Toyota Industries Corp.

 

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“The Turkey forklift market is witnessing strong growth due to rising demand from manufacturing, logistics, construction, and retail sectors. The shift toward electric forklifts, warehouse automation, and advanced safety systems is shaping the market's transformation. Increasing adoption of telematics, fleet management software, and lithium-ion batteries is enabling more efficient, sustainable operations. Forklift rentals and custom configurations are also gaining traction. Infrastructure development and industrial expansion, particularly in Marmara and Central Anatolia regions, are fueling consistent equipment demand. With technological innovation and evolving operational needs, the market is expected to grow steadily through 2026–2030, driven by application-specific solutions and modernization.” said Mr. Karan Chechi, Research Director at TechSci Research, a global research-based management consulting firm, these trends are expected to contribute significantly to the market's expansion.

The report titled “Turkey Forklift Market – Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Power Source (IC Engine Powered, Electric Powered), By Class (Class 1, Class 2, Class 3, Class 4, Class 5, Others), By End Use (Retail & Wholesale, Logistics, Automotive, Food Industry, Others), By Region, By Competition, 2020-2030F”, assesses the market's future growth potential and provides data on market size, trends, and forecasts. It aims to offer comprehensive market insights, helping decision-makers make informed investment choices. The report also highlights emerging trends, key drivers, challenges, and opportunities in the Turkey Forklift Market.

 

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