Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: The Business Research Company | PRODUCT CODE: 1249308

Cover Image

PUBLISHER: The Business Research Company | PRODUCT CODE: 1249308

Autonomous Forklift Global Market Report 2023

Published: Pre-Order
PAGES: 200 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
PDF (Single User License)
USD 4000
PDF (Site License)
USD 6000
PDF (Enterprise License)
USD 8000

Add to Cart

Contact us about how to customize the report with add-on data.

“Autonomous Forklift Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on autonomous forklift market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for autonomous forklift? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The autonomous forklift market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Indoor; Outdoor

2) By Component: Hardware; Software; Service

3) By Navigation Technology: Laser Guidance; Magnetic Guidance; Vision Guidance; Inductive Guidance; Optical Tape Guidance; Other Navigation Technology

4) By Application: Manufacturing; Warehousing; Material handling; Logistics and Freight; Other Applications

Companies Mentioned: Hangcha Group Co; Hyster-Yale Material Handling Inc; Jungheinrich AG; KAUP GmbH & Co; Linde Material Handling

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the autonomous forklift market are: Hangcha Group Co, Hyster-Yale Material Handling Inc., Jungheinrich AG, KAUP GmbH & Co, Linde Material Handling, Toyota Industries Corporation, Komatsu Ltd., Crown Equipment Corporation, Doosan Corporation, Mitsubishi Logisnext Co Ltd., CLARK, Combilift Material Handling Solutions, OTTO Motors, Balyo Robotic, Agilox Services GMBH, STILL GmbH, ONECRANES, Manitou Group, Lonking Machinery Co. Ltd., Hyundai Heavy Industries Group, Anhui Heli Co, and Anhui Yufeng Equipment Co.

The global autonomous forklift market grew from $5.85 billion in 2022 to $6.51 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The autonomous forklift market is expected to grow to $9.47 billion in 2027 at a CAGR of 9.8%.

The autonomous forklifts market consists of sales of diesel powered forklift, LPG or petrol powered forklift and electric powered forklift. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Autonomous forklifts are driverless forklifts that utilize automated guided vehicles and systems technology. These forklifts can be used for various operations such as lifting, transporting, putting away, or carrying loads in warehouses and other locations. In addition, this equipment reduces operating costs and improves work efficiency in warehouses.

Asia-Pacific was the largest region in the autonomous forklift market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous forklift market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of autonomous forklift are indoor and outdoor. The term indoor autonomous forklift refers to autonomous forklifts that are used indoors for pallet movement in warehouses, distribution centers, and other indoor material storage places. Indoor forklifts have a smaller turning radius, which makes them suitable for movement even inside smaller facilities. The different components include hardware, software, and services and involve several navigation technologies such as laser guidance, magnetic guidance, vision guidance, inductive guidance, optical tape guidance, and others. It is used in manufacturing, warehousing, material handling, logistics & freight, and other applications.

The increasing demand for automated warehouses is expected to drive the growth of the autonomous forklift market going forward. Automated warehouses refer to the systems used for warehouse operations with automated material handling equipment integrated with artificial intelligence and robotics. Manufacturers are adopting autonomous forklifts for their operations as they offer a significant improvement in productivity, reduce product damage, improve safety and efficiency, and reduce labor costs. These benefits have encouraged industries to embrace the use of autonomous forklifts, thereby increasing their demand. For instance, in December 2021, according to Conveyco, a UK-based material handling equipment supplier, at least 6,20,000 shipments of various warehouse automation technologies were shipped worldwide. Therefore, the increasing demand for automated warehouses is driving the demand for autonomous forklifts.

New product innovation is the key trend gaining popularity in the autonomous forklift market. Major companies operating in the autonomous forklift market are focused on developing technologically advanced products to strengthen their market position. For instance, in March 2022, OTTO Motors, a US-based self-driving technology company, introduced the OTTO Lifter, the smartest autonomous forklift on the market. This new technology is designed to automatically pick up and drop off pallets. In complex contexts, the OTTO Lifter can make real-time decisions and can find a pallet if it is tilted, modify behavior in extremely dynamic surroundings, and determine the optimal route on its own, unlike other autonomous forklifts on the market. The OTTO Lifter smoothly navigates traffic and obstacles with dynamic path planning, lane tending, intelligent pallet detection, and stretch-wrap piercing to deliver products to the right place, at the right time.

In December 2021, ZAPI GROUP, an Italy-based manufacturing company that offers products for vehicle electrification, acquired BlueBotics for an undisclosed amount. BlueBotics' acquisition was a key strategic move for ZAPI GROUP to further strengthens its position in the rapidly growing automated vehicle market. Additionally, it would allow ZAPI GROUP to expand the range of solutions to a combined customer base. BlueBotics is a Switzerland-based company providing autonomous navigation technology and expert support for AGVs, automated forklifts, and mobile robots.

The countries covered in the autonomous forklift market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The autonomous forklift market research report is one of a series of new reports from The Business Research Company that provides autonomous forklift market statistics, including global market size, regional shares, competitors with an autonomous forklift market share, detailed autonomous forklift market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous forklift industry. This autonomous forklift market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Product Code: r4271

Table of Contents

1. Executive Summary

2. Autonomous Forklift Market Characteristics

3. Autonomous Forklift Market Trends And Strategies

4. Autonomous Forklift - Macro Economic Scenario

  • 4.1 COVID-19 Impact On Autonomous Forklift Market
  • 4.2 Ukraine-Russia War Impact On Autonomous Forklift Market
  • 4.3 Impact Of High Inflation On Autonomous Forklift Market

5. Autonomous Forklift Market Size And Growth

  • 5.1. Global Autonomous Forklift Historic Market, 2017-2022, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Autonomous Forklift Forecast Market, 2022-2027F, 2032F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Autonomous Forklift Market Segmentation

  • 6.1. Global Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Indoor
  • Outdoor
  • 6.2. Global Autonomous Forklift Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Hardware
  • Software
  • Service
  • 6.3. Global Autonomous Forklift Market, Segmentation By Navigation Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Laser Guidance
  • Magnetic Guidance
  • Vision Guidance
  • Inductive Guidance
  • Optical Tape Guidance
  • Other Navigation Technology
  • 6.4. Global Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Manufacturing
  • Warehousing
  • Material handling
  • Logistics and Freight
  • Other Applications

7. Autonomous Forklift Market Regional And Country Analysis

  • 7.1. Global Autonomous Forklift Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 7.2. Global Autonomous Forklift Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Autonomous Forklift Market

  • 8.1. Asia-Pacific Autonomous Forklift Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 8.3. Asia-Pacific Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Autonomous Forklift Market

  • 9.1. China Autonomous Forklift Market Overview
  • 9.2. China Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
  • 9.3. China Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Autonomous Forklift Market

  • 10.1. India Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 10.2. India Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Autonomous Forklift Market

  • 11.1. Japan Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 11.2. Japan Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Autonomous Forklift Market

  • 12.1. Australia Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 12.2. Australia Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Autonomous Forklift Market

  • 13.1. Indonesia Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 13.2. Indonesia Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Autonomous Forklift Market

  • 14.1. South Korea Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 14.2. South Korea Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Autonomous Forklift Market

  • 15.1. Western Europe Autonomous Forklift Market Overview
  • 15.2. Western Europe Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 15.3. Western Europe Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Autonomous Forklift Market

  • 16.1. UK Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 16.2. UK Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Autonomous Forklift Market

  • 17.1. Germany Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 17.2. Germany Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Autonomous Forklift Market

  • 18.1. France Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 18.2. France Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Autonomous Forklift Market

  • 19.1. Eastern Europe Autonomous Forklift Market Overview
  • 19.2. Eastern Europe Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 19.3. Eastern Europe Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Autonomous Forklift Market

  • 20.1. Russia Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 20.2. Russia Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Autonomous Forklift Market

  • 21.1. North America Autonomous Forklift Market Overview
  • 21.2. North America Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 21.3. North America Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Autonomous Forklift Market

  • 22.1. USA Autonomous Forklift Market Overview
  • 22.2. USA Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 22.3. USA Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Autonomous Forklift Market

  • 23.1. South America Autonomous Forklift Market Overview
  • 23.2. South America Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 23.3. South America Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Autonomous Forklift Market

  • 24.1. Brazil Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 24.2. Brazil Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Autonomous Forklift Market

  • 25.1. Middle East Autonomous Forklift Market Overview
  • 25.2. Middle East Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 25.3. Middle East Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Autonomous Forklift Market

  • 26.1. Africa Autonomous Forklift Market Overview
  • 26.2. Africa Autonomous Forklift Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • 26.3. Africa Autonomous Forklift Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Autonomous Forklift Market Competitive Landscape And Company Profiles

  • 27.1. Autonomous Forklift Market Competitive Landscape
  • 27.2. Autonomous Forklift Market Company Profiles
    • 27.2.1. Hangcha Group Co
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Hyster-Yale Material Handling Inc
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Jungheinrich AG
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. KAUP GmbH & Co
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Linde Material Handling
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Autonomous Forklift Market

29. Autonomous Forklift Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Historic And Forecast Inflation Rates
  • 30.4. Research Inquiries
  • 30.5. The Business Research Company
  • 30.6. Copyright And Disclaimer
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!