Forklift Battery Charger Market Surges, to Double by 2033

The North American forklift battery charger market is booming as fulfillment centers shift to electrification and smart-charger systems.
Automation lithium-ion trends, and charger room codes reshape North America’s charging infrastructure.
The forklift battery charger market in North America is scaling rapidly, with Astute Analytica projecting its value to more than double by 2033. The May 2025 report pegs the market at US$ 627.42 million in 2024 and forecasts US$ 1,292.26 million by 2033, driven by automation, lithium-ion adoption, building codes, and energy incentives.
Warehouse growth shows no signs of slowing. According to the U.S. Census Bureau, 66 million square feet of logistics space were completed in Q1 2024, with Canada adding another 9 million. Developers are now embedding forklift charger conduits in blueprints, recognizing that more dock doors mean greater electrical demand.