PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1077512
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1077512
Global Autonomous Forklift Market Size Study, ByTonnage Capacity By Application By Navigation Technology By Industry And Regional Forecasts 2022-2028
Global Autonomous ForkliftMarket is valued approximately USD 3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.7% over the forecast period 2022-2028.
An autonomous forklift is an integral part of material handling equipment. Automated material handling eliminates the need for human intervention in basic operations such as precisely storing an item at a predefined location, retrieving an item, and transferring goods without risk of damage to specific processing or interface points. Thus, the use of an autonomous forklift reduces labour costs while also improving space utilisation. Increasing warehouse rents and decreasing warehouse availability are expected to drive the adoption of autonomous forklifts during the forecasted period. Key players are taking strategies to enhance their market share. For instance, Jungheinrich AG entered into an intralogistics collaboration with TRUMPG in July 2021. Jungheinrich AG announced the provision of driverless trucks to TRUMPF to autonomously transport sheet metal parts between various machine tools and storage sites, while TRUMPF would supply its production-control software TruTops Fab, which would assist manufacturers improve their logistics. Similarly, AGILOX Services Gmbh agreed into an investment agreement with Carlyle Group in June 2021. Carlyle Group is a multinational investment corporation that makes investments in developing technology. The fresh cash will help AGILOX expand its geographic reach and product development. As a result, the market for autonomous forklifts is likely to expand significantly in the coming years. However, AI and WMS have resulted in high integration and switching costs this would inhibit the market growth.
The key regions considered for the global Autonomous Forklift Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.Because of the increasing use of autonomous forklifts in China and India, the Asia Pacific region is expected to occupy the greatest share of the market by 2028. Other nations in the area, like Japan and South Korea, are expected to increase their market share by upgrading and retrofitting existing automated material handling equipment. Furthermore, worldwide autonomous forklift manufacturers are relocating to the region. The transfer of technology has resulted in an increase in the number of local players, which is likely to lower the cost of adopting autonomous forklifts in the region. As a result, the area is likely to grow its market share throughout the projection period. Whereas, with the rising interest in automation technologies, Europe is expected to occupy the second highest share of the autonomous forklift market by 2028. Europe has been the most developed market in terms of warehouse and material handling automation installation. High labour costs, a lack of space, and strict worker safety regulations are just a few of the key issues driving automation technology adoption in the European material handling ecosystem.
Major market player included in this report are:
Toyota Industries Corporation
Kion Group Ag
Mitsubishi Logisnext Co. Ltd
Jungheinrich Ag
Agilox Services Gmbh
Hyster-Yale Materials Handling
Swisslog Ag
Oceaneering International, Inc
Hyundai Construction Equipment Co., Ltd.
Balyo Sa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByTonnage Capacity:
Below 5 tons
5-10 tons
Above 10 tons
ByApplication:
Manufacturing
Warehousing
Material handling
Logistics and Freight
Others
By Navigation Technology:
Laser Guidance
Magnetic Guidance
Vision Guidance
Inductive Guidance
Optical Tape Guidance
Others
By Industry:
3PL
Food and Beverages
Automotive
Paper and Pulp
Metals and Heavy Machinery
E-commerce
Aviation
Semiconductors and Electronics
Healthcare
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Animal HealthMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Autonomous Forklift Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Autonomous Forklift Market, by Tonnage Capacity,2020-2028 (USD Billion)
- 1.2.3. Autonomous Forklift Market, by Application,2020-2028 (USD Billion)
- 1.2.4. Autonomous Forklift Market, by Navigation Technology,2020-2028 (USD Billion)
- 1.2.5. Autonomous Forklift Market, by Industry,2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Autonomous Forklift Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. GlobalAutonomous Forklift Market Dynamics
- 3.1. Autonomous Forklift Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Demand for automated warehouses & automated material handling systems is increasing.
- 3.1.1.2. Increased activity in the e-commerce, logistics, and storage industries
- 3.1.2. Market Challenges
- 3.1.2.1. AI and WMS have resulted in high integration and switching costs.
- 3.1.3. Market Opportunities
- 3.1.3.1. Future warehouse operations will make use of 5G connection.
- 3.1.3.2. Development of IoT-enabled self-driving forklifts
- 3.1.1. Market Drivers
Chapter 4. Global Autonomous Forklift MarketIndustry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. GlobalAutonomous Forklift Market, by Tonnage Capacity
- 6.1. Market Snapshot
- 6.2. GlobalAutonomous Forklift Market by Tonnage Capacity, Performance - Potential Analysis
- 6.3. GlobalAutonomous Forklift Market Estimates & Forecasts by Tonnage Capacity2018-2028 (USD Billion)
- 6.4. Autonomous Forklift Market, Sub Segment Analysis
- 6.4.1. Below 5 tons
- 6.4.2. 5-10 tons
- 6.4.3. Above 10 tons
Chapter 7. GlobalAutonomous Forklift Market, by Application
- 7.1. Market Snapshot
- 7.2. GlobalAutonomous Forklift Market by Application, Performance - Potential Analysis
- 7.3. GlobalAutonomous Forklift Market Estimates & Forecasts by Application2018-2028 (USD Billion)
- 7.4. Autonomous Forklift Market, Sub Segment Analysis
- 7.4.1. Manufacturing
- 7.4.2. Warehousing
- 7.4.3. Material handling
- 7.4.4. Logistics and Freight
- 7.4.5. Others
Chapter 8. GlobalAutonomous Forklift Market, by Navigation Technology
- 8.1. Market Snapshot
- 8.2. GlobalAutonomous Forklift Market by Navigation Technology, Performance - Potential Analysis
- 8.3. GlobalAutonomous Forklift Market Estimates & Forecasts by Navigation Technology2018-2028 (USD Billion)
- 8.4. Autonomous Forklift Market, Sub Segment Analysis
- 8.4.1. Laser Guidance
- 8.4.2. Magnetic Guidance
- 8.4.3. Vision Guidance
- 8.4.4. Inductive Guidance
- 8.4.5. Optical Tape Guidance
- 8.4.6. Others
Chapter 9. Global Autonomous Forklift Market, by Industry
- 9.1. Market Snapshot
- 9.2. Global Autonomous Forklift Market by Industry, Performance - Potential Analysis
- 9.3. Global Autonomous Forklift Market Estimates & Forecasts by Industry2018-2028 (USD Billion)
- 9.4. Autonomous Forklift Market, Sub Segment Analysis
- 9.4.1. 3PL
- 9.4.2. Food and Beverages
- 9.4.3. Automotive
- 9.4.4. Paper and Pulp
- 9.4.5. Metals and Heavy Machinery
- 9.4.6. E-commerce
- 9.4.7. Aviation
- 9.4.8. Semiconductors and Electronics
- 9.4.9. Healthcare
- 9.4.10. Others
Chapter 10. Global Autonomous Forklift Market, Regional Analysis
- 10.1. Autonomous Forklift Market, Regional Market Snapshot
- 10.2. North America Autonomous Forklift Market
- 10.2.1. U.S. Autonomous Forklift Market
- 10.2.1.1. Tonnage Capacitybreakdown estimates & forecasts, 2018-2028
- 10.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 10.2.1.3. Navigation Technologybreakdown estimates & forecasts, 2018-2028
- 10.2.1.4. Industry breakdown estimates & forecasts, 2018-2028
- 10.2.2. CanadaAutonomous Forklift Market
- 10.2.1. U.S. Autonomous Forklift Market
- 10.3. EuropeAutonomous Forklift Market Snapshot
- 10.3.1. U.K.Autonomous Forklift Market
- 10.3.2. GermanyAutonomous Forklift Market
- 10.3.3. FranceAutonomous Forklift Market
- 10.3.4. SpainAutonomous Forklift Market
- 10.3.5. ItalyAutonomous Forklift Market
- 10.3.6. Rest of EuropeAutonomous Forklift Market
- 10.4. Asia-PacificAutonomous Forklift Market Snapshot
- 10.4.1. ChinaAutonomous Forklift Market
- 10.4.2. IndiaAutonomous Forklift Market
- 10.4.3. JapanAutonomous Forklift Market
- 10.4.4. AustraliaAutonomous Forklift Market
- 10.4.5. South KoreaAutonomous Forklift Market
- 10.4.6. Rest of Asia PacificAutonomous Forklift Market
- 10.5. Latin AmericaAutonomous Forklift Market Snapshot
- 10.5.1. BrazilAutonomous Forklift Market
- 10.5.2. MexicoAutonomous Forklift Market
- 10.6. Rest of The WorldAutonomous Forklift Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Toyota Industries Corporation
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. ApplicationSummary
- 11.2.1.5. Recent Developments
- 11.2.2. Kion Group Ag
- 11.2.3. Mitsubishi Logisnext Co. Ltd
- 11.2.4. Jungheinrich Ag
- 11.2.5. Agilox Services Gmbh
- 11.2.6. Hyster-Yale Materials Handling
- 11.2.7. Swisslog Ag
- 11.2.8. Oceaneering International, Inc
- 11.2.9. Hyundai Construction Equipment Co., Ltd.
- 11.2.10. Balyo Sa
- 11.2.1. Toyota Industries Corporation
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Autonomous Forklift Market, report scope
- TABLE 2. Global Autonomous Forklift Market estimates & forecasts by Region2018-2028 (USDBillion)
- TABLE 3. Global Autonomous Forklift Market estimates & forecasts byTonnage Capacity2018-2028 (USDBillion)
- TABLE 4. Global Autonomous Forklift Market estimates & forecasts byApplication2018-2028 (USDBillion)
- TABLE 5. Global Autonomous Forklift Market estimates & forecasts byNavigation Technology2018-2028 (USDBillion)
- TABLE 6. Global Autonomous Forklift Market estimates & forecasts byIndustry2018-2028 (USDBillion)
- TABLE 7. Global Autonomous Forklift Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 8. Global Autonomous Forklift Market by region, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 9. Global Autonomous Forklift Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 10. Global Autonomous Forklift Market by region, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 11. Global Autonomous Forklift Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 12. Global Autonomous Forklift Market by region, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 13. Global Autonomous Forklift Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 14. Global Autonomous Forklift Market by region, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 15. Global Autonomous Forklift Market by segment, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 16. Global Autonomous Forklift Market by region, estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 17. U.S.Autonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 18. U.S.Autonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 19. U.S.Autonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 20. CanadaAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 21. CanadaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 22. CanadaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 23. UKAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 24. UKAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 25. UKAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 26. GermanyAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 27. GermanyAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 28. GermanyAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 29. RoEAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 30. RoEAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 31. RoEAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 32. ChinaAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 33. ChinaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 34. ChinaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 35. IndiaAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 36. IndiaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 37. IndiaAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 38. JapanAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 39. JapanAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 40. JapanAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 41. RoAPACAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 42. RoAPACAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 43. RoAPACAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 44. BrazilAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 45. BrazilAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 46. BrazilAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 47. MexicoAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 48. MexicoAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 49. MexicoAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 50. RoLAAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 51. RoLAAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 52. RoLAAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 53. RowAutonomous Forklift Market estimates & forecasts, 2018-2028 (USDBillion)
- TABLE 54. RowAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 55. RowAutonomous Forklift Market estimates & forecasts by segment 2018-2028 (USDBillion)
- TABLE 56. List of secondary sources, used in the study of globalAutonomous Forklift Market
- TABLE 57. List of primary sources, used in the study of globalAutonomous Forklift Market
- TABLE 58. Years considered for the study
- TABLE 59. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. GlobalAutonomous Forklift Market, research methodology
- FIG 2. GlobalAutonomous Forklift Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. GlobalAutonomous Forklift Market, key trends 2021
- FIG 5. GlobalAutonomous Forklift Market, growth prospects 2022-2028
- FIG 6. GlobalAutonomous Forklift Market, porters 5 force model
- FIG 7. GlobalAutonomous Forklift Market, pest analysis
- FIG 8. GlobalAutonomous Forklift Market, value chain analysis
- FIG 9. GlobalAutonomous Forklift Market by segment, 2018 & 2028 (USDBillion)
- FIG 10. GlobalAutonomous Forklift Market by segment, 2018 & 2028 (USDBillion)
- FIG 11. GlobalAutonomous Forklift Market by segment, 2018 & 2028 (USDBillion)
- FIG 12. GlobalAutonomous Forklift Market by segment, 2018 & 2028 (USDBillion)
- FIG 13. GlobalAutonomous Forklift Market by segment, 2018 & 2028 (USDBillion)
- FIG 14. GlobalAutonomous Forklift Market, regional snapshot 2018 & 2028
- FIG 15. North AmericaAutonomous Forklift Market2018 & 2028 (USDBillion)
- FIG 16. EuropeAutonomous Forklift Market2018 & 2028 (USDBillion)
- FIG 17. Asia pacificAutonomous Forklift Market2018 & 2028 (USDBillion)
- FIG 18. Latin AmericaAutonomous Forklift Market2018 & 2028 (USDBillion)
- FIG 19. GlobalAutonomous Forklift Market, company Market share analysis (2021)
