Autonomous Forklift Market by Type, Operability, Propulsion, Tonnage Capacity, Navigation Technology, Sourcing Method, End-User - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Autonomous Forklift Market is forecasted to grow significantly, with a projected USD 3,757.77 million in 2023 at a CAGR of 9.29% and expected to reach a staggering USD 7,119.06 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Autonomous Forklift Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Autonomous Forklift Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Counterbalanced Fork Truck, Pallet Jacks, Pallet Stacker, Reach Truck, and Straddle Vehicle. The Pallet Stacker commanded largest market share of 20.26% in 2022, followed by Counterbalanced Fork Truck.

Based on Operability, market is studied across Indoor and Outdoor. The Indoor commanded largest market share of 58.77% in 2022, followed by Outdoor.

Based on Propulsion, market is studied across Electric and Internal Combustion Engine. The Electric commanded largest market share of 84.34% in 2022, followed by Internal Combustion Engine.

Based on Tonnage Capacity, market is studied across 5-10 tons, Above 10 tons, and Below 5 tons. The Above 10 tons commanded largest market share of 41.71% in 2022, followed by 5-10 tons.

Based on Navigation Technology, market is studied across Inductive Guidance, Laser Guidance, Magnetic Guidance, Optical Tape Guidance, Simultaneous Localization and Mapping, and Vision Guidance. The Laser Guidance commanded largest market share of 19.22% in 2022, followed by Magnetic Guidance.

Based on Sourcing Method, market is studied across In-House Purchase and Leasing. The In-House Purchase commanded largest market share of 65.23% in 2022, followed by Leasing.

Based on End-User, market is studied across Aerospace & Defence, Automotive, Consumer Goods & Retail, Electronics, Food & Beverage, Healthcare, Manufacturing, and Metals & Minerals. The Consumer Goods & Retail commanded largest market share of 18.03% in 2022, followed by Food & Beverage.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.32% in 2022, followed by Asia-Pacific.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Autonomous Forklift Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Autonomous Forklift Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Autonomous Forklift Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Autonomous Forklift Market?

4. What is the competitive strategic window for opportunities in the Global Autonomous Forklift Market?

5. What are the technology trends and regulatory frameworks in the Global Autonomous Forklift Market?

6. What is the market share of the leading vendors in the Global Autonomous Forklift Market?

7. What modes and strategic moves are considered suitable for entering the Global Autonomous Forklift Market?

Product Code: MRR-5A2C6AA65B8E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Autonomous Forklift Market, by Type, 2022 vs 2030
4.3. Autonomous Forklift Market, by Operability, 2022 vs 2030
4.4. Autonomous Forklift Market, by Propulsion, 2022 vs 2030
4.5. Autonomous Forklift Market, by Tonnage Capacity, 2022 vs 2030
4.6. Autonomous Forklift Market, by Navigation Technology, 2022 vs 2030
4.7. Autonomous Forklift Market, by Sourcing Method, 2022 vs 2030
4.8. Autonomous Forklift Market, by End-User, 2022 vs 2030
4.9. Autonomous Forklift Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing popularity of e-commerce, logistics, and warehousing services
  - 5.1.1.2. Government initiatives to expand industrial automation with rise of industry 4.0
- 5.1.2. Restraints
  - 5.1.2.1. High initial investment and lack of availability of rental services
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of IoT-integrated autonomous forklift and emerging startup ecosystem
  - 5.1.3.2. Expansion in the usage of 5G connectivity for warehouse operations
- 5.1.4. Challenges
  - 5.1.4.1. Technical issues associated with the operation and accurate navigation of the self-driving forklift
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Autonomous Forklift Market, by Type

6.1. Introduction
6.2. Counterbalanced Fork Truck
6.3. Pallet Jacks
6.4. Pallet Stacker
6.5. Reach Truck
6.6. Straddle Vehicle

7. Autonomous Forklift Market, by Operability

7.1. Introduction
7.2. Indoor
7.3. Outdoor

8. Autonomous Forklift Market, by Propulsion

8.1. Introduction
8.2. Electric
8.3. Internal Combustion Engine

9. Autonomous Forklift Market, by Tonnage Capacity

9.1. Introduction
9.2. 5-10 tons
9.3. Above 10 tons
9.4. Below 5 tons

10. Autonomous Forklift Market, by Navigation Technology

10.1. Introduction
10.2. Inductive Guidance
10.3. Laser Guidance
10.4. Magnetic Guidance
10.5. Optical Tape Guidance
10.6. Simultaneous Localization and Mapping
10.7. Vision Guidance

11. Autonomous Forklift Market, by Sourcing Method

11.1. Introduction
11.2. In-House Purchase
11.3. Leasing

12. Autonomous Forklift Market, by End-User

12.1. Introduction
12.2. Aerospace & Defence
12.3. Automotive
12.4. Consumer Goods & Retail
12.5. Electronics
12.6. Food & Beverage
12.7. Healthcare
12.8. Manufacturing
12.9. Metals & Minerals

13. Americas Autonomous Forklift Market

13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States

14. Asia-Pacific Autonomous Forklift Market

14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam

15. Europe, Middle East & Africa Autonomous Forklift Market

15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom

16. Competitive Landscape

16.1. FPNV Positioning Matrix
16.2. Market Share Analysis, By Key Player
16.3. Competitive Scenario Analysis, By Key Player
- 16.3.1. Merger & Acquisition
  - 16.3.1.1. Teradyne merges AMR companies AutoGuide, MiR
- 16.3.2. Agreement, Collaboration, & Partnership
  - 16.3.2.1. Doosan Industrial Vehicle Partners With Kollmorgen for Automated Forklifts
  - 16.3.2.2. Third Wave Automation and Clark Material Handling Company Announce Partnership and Launch of a New Mixed Mode Autonomous Forklift
- 16.3.3. New Product Launch & Enhancement
  - 16.3.3.1. ForwardX Robotics Releases Fully Autonomous Forklift for GMA & Euro Pallets--Apex C1500-L
  - 16.3.3.2. Gideon launches Trey, the autonomous forklift for trailer loading and unloading
  - 16.3.3.3. OTTO Motors Launches World's Smartest Autonomous Forklift
- 16.3.4. Investment & Funding
  - 16.3.4.1. BMW i Ventures Leads Investment in Autonomous Forklift Company, Fox Robotics
  - 16.3.4.2. SIERA.AI brings in $6.8 million in seed funding
- 16.3.5. Award, Recognition, & Expansion
  - 16.3.5.1. Oceaneering Mobile Robotics is Awarded Significant Contracts to Supply Autonomous Mobile Robot Forklifts
  - 16.3.5.2. VisionNav Deploys Autonomous Forklifts at Advanced Manufacturing Centre in TKO INNOPARK to Support Hong Kong Innofacturing

17. List of Company Mentioned

18. Appendix

18.1. Discussion Guide
18.2. License & Pricing