France Industrial Vehicles Market Size, Share, And COVID-19 Impact Analysis, By Vehicle Type (Construction Vehicles, Forklifts, Agricultural Tractors, Mining Trucks, and Others), By Fuel Type (Diesel, Electric, Hybrid, Natural Gas, and Others), By End User (Construction, Manufacturing, Agriculture, Mining, Logistics & Transportation, Others), And France Industrial Vehicles Market Insights, Industry Trend, Forecasts To 2035

France Industrial Vehicles Market Insights Forecasts to 2035

• The France Industrial Vehicles Market Size is Expected to Grow at a CAGR of around 4.9% from 2025 to 2035
• The France Industrial Vehicles Market Size is expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, the France Industrial Vehicles Market Size is anticipated to hold a significant share by 2035, Growing at a CAGR of 4.9% from 2025 to 2035. The industrial vehicles market is driven by the post-pandemic recovery of infrastructure, the electrification of industrial machinery, and EU emissions regulation compliance.

Market Overview:

Industrial trucks are built to move goods and processing machinery to raw material and finished product storage points in warehouses, as well as to warehouse distribution centers. This industrial truck is built to top mount special heavy equipment trucks and is available in several different sizes. Owing to their low cost, compact size, eco-friendliness, dependability, and efficiency, battery-powered industrial trucks are gaining popularity over internal combustion engine and gasoline-powered equipment. Owing to the growing demand for battery-powered industrial trucks and intelligent factories reaching the world of material handling, the industry will be subjected to new areas of development. Industrial vehicle companies are emphasizing the manufacture of new and innovative products, such as electric industrial vehicles.

Report Coverage:

This research report categorizes the France industrial vehicles market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France industrial vehicles market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France industrial vehicles market.

Driving Factor

Large-scale sector projects under EU-funded green infrastructure projects are stimulating demand for construction and transportation machinery. Expansion of e-commerce and automated warehousing is stimulating demand for forklift trucks, automated guide vehicles (AGVs), and warehouse handlers. Stringent industry and transport decarbonization policies have stimulated the electrification of industrial trucks, especially forklift trucks and mini tractors.

Restraining Factor

The high initial costs of advanced electric or hybrid industrial vehicles restrict small businesses from making an instant vehicle change. For smaller manufacturers in particular, negotiating the overlapping environmental standards of the EU and France can make design and procurement more difficult.

Market Segmentation

The France industrial vehicles market share is classified into the vehicle type, fuel type, and end user

• The construction vehicles segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France industrial vehicles market is segmented by vehicle type into construction vehicles, forklifts, agricultural tractors, mining trucks, and others. Among these, the construction vehicles segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion is attributed to government-initiated infrastructural development such as road and railway improvement, bridge maintenance, and urban housing construction.

• The electric segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period

The France industrial vehicles market is segmented by fuel type into diesel, electric, hybrid, natural gas, and others. Among these, the electric segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion is attributed to low-emission zone regulatory requirements within urban centers and increasing availability of lithium-ion vehicles. Forklift trucks, mini-tractors, and ground equipment are converting to electric alternatives at a rapidly growing rate.

• The logistics & transportation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The France industrial vehicles market is segmented by end user into construction, manufacturing, agriculture, mining, logistics & transportation, and others. Among these, the logistics & transportation segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion is attributed to increasing needs for automated transport and handling vehicles in city networks of transport, cross-docking terminals, and seaport complexes. Increased e-commerce and retail distribution volumes have fuelled high investment in electric delivery vans and smart warehouses.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France industrial vehicles market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Renault Trucks (Volvo Group)
• Toyota Motor Corporation
• Manitou Group
• CNH Industrial
• John Deere
• Komatsu
• Bobcat France
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the France, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France industrial vehicles market based on the below-mentioned segments:

France Industrial Vehicles Market, By Vehicle Type

• Construction Vehicles
• Forklifts
• Agricultural Tractors
• Mining Trucks
• Others

France Industrial Vehicles Market, By Fuel Type

• Diesel
• Electric
• Hybrid
• Natural Gas
• Others

France Industrial Vehicles Market, By End User

• Construction
• Manufacturing
• Agriculture
• Mining
• Logistics & Transportation
• Others