Global Autonomous Forklift Market By Level of Automation (Level 1, Level 2, Level 3 & Others), By Class Type (Class1, Class2, Class3 & Class4/5), By Fuel Type (IC Engine Powered, Motorized Hand & Electric Powered), By Application (Wholesale & Retail Distribution, Manufacturing, Freight & Logistics & Others), By Region, Competition, Forecast & Opportunities, 2028

  • Industry : Automotive
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global autonomous forklift market is projected to grow at an impressive CAGR during the forecast period on account of growing utilization of forklifts in various industries such as manufacturing, construction and freight & logistics for loading and unloading purposes. Autonomous forklifts are being increasingly deployed in warehouses and industrial environments that are not suitable for human operators. Autonomous or self-driving forklifts remove the need for operator, thereby driving their sales, globally. 

Global autonomous forklift market can be classified based on level of automation, class type, fuel type, application and region. Based on class type, market can be segregated into class 1, class 2, class 3 and class 4/5. Class 3 includes electric forklifts, which are environment friendly and possess higher operational efficiency when compared with IC based counterparts, and consequently, class 3 is the preferred choice of the buyers.

The market for autonomous forklifts is gaining traction, globally, especially in Asia-Pacific. Asia-Pacific is the leading region in the global autonomous forklift market as rail and sea are the preferred channels for the movement of goods in the region. Factors such as growing demand for new airports, seaports and booming e-commerce industry are positively influencing the autonomous forklift market in the region.

The major players operating in the autonomous forklift market include Hyundai Heavy Industries Group, AB Volvo, Jungheinrich AG, Linde Material Handling, KION Group AG, Toyota Material Handling Group, OTTO Motors, Balyo Robotic, Crown equipment, among others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market.


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Objective of the Study:

  • To analyze and forecast the market size of global autonomous forklift market.
  • To classify and forecast global autonomous forklift market based on level of automation, fuel type, class type, application and regional distribution.
  • To identify drivers and challenges for global autonomous forklift market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global autonomous forklift market.
  • To conduct the pricing analysis for global autonomous forklift market.
  • To identify dominant regions or segment in the global autonomous forklift market.
  • To identify and analyze the profile of leading players operating in the global autonomous forklift market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of autonomous forklift manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated the market size of global autonomous forklift market using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Autonomous forklift manufacturers
  • Autonomous forklift attachment manufacturers
  • Autonomous forklift engine manufacturers
  • Battery manufacturers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to autonomous forklift market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Level of Automation

·         Class Type

·         Fuel Type

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Iran; Qatar; Brazil, Argentina, Colombia;

Key companies profiled

Hyundai Heavy Industries Group, AB Volvo, Jungheinrich AG, Linde Material Handling, KION Group AG, Toyota Material Handling Group, OTTO Motors, Balyo Robotic, Crown equipment.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global autonomous forklift market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Autonomous Forklift Market, By Level of Automation:
    • Level 1
    • Level 2
    • Level 3
    • Others
  • Global Autonomous Forklift Market, By Class Type:
    • Class 1
    • Class 2
    • Class 3
    • Class4/5
  • Global Autonomous Forklift Market, By Fuel Type:
    • IC Engine Powered
    • Motorized Hand
    • Electric Powered
  • Global Autonomous Forklift Market, By Application:
    • Wholesale & Retail Distribution
    • Manufacturing
    • Freight & Logistics
    • Others
  • Global Autonomous Forklift Market, By Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • Australia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Turkey
      • Spain
      • Italy
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Columbia
    • Middle East & Africa
      • South Africa
      • Iran
      • Qatar
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global autonomous forklift market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global autonomous forklift market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.     Research Methodology

3.    Impact of COVID-19 on Global Autonomous Forklift Market

4.     Executive Summary

5.     Voice of Customer

6.     Global Autonomous Forklift Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Level of Automation (Level 1, Level 2, Level 3, Others)

6.2.2. By Class Type (Class1, Class2, Class3 & Class4/5)

6.2.3. By Fuel Type (IC Engine Powered, Motorized Hand & Electric Powered)

6.2.4. By Application (Wholesale & Retail Distribution, Manufacturing, Freight & Logistics and Others)

6.2.5. By Company    

6.2.6. By Region

6.3.   Market Attractiveness Index

7.     Asia-Pacific Autonomous Forklift Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Level of Automation

7.2.2. By Class Type

7.2.3. By Fuel Type

7.2.4. By Application

7.2.5. By Country

7.3.   Market Attractiveness Index

7.4.   Asia-Pacific: Country Analysis

7.4.1. China Autonomous Forklift Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Level of Automation

7.4.1.2.2. By Class Type

7.4.1.2.3. By Fuel Type

7.4.1.2.4. By Application

7.4.1.3. Market Attractiveness Index

7.4.2. Japan Autonomous Forklift Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Level of Automation

7.4.2.2.2. By Class Type

7.4.2.2.3. By Fuel Type

7.4.2.2.4. By Application

7.4.2.3. Market Attractiveness Index

7.4.3. Australia Autonomous Forklift Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Level of Automation

7.4.3.2.2. By Class Type

7.4.3.2.3. By Fuel Type

7.4.3.2.4. By Application

7.4.3.3. Market Attractiveness Index

7.4.4. India Autonomous Forklift Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Level of Automation

7.4.4.2.2. By Class Type

7.4.4.2.3. By Fuel Type

7.4.4.2.4. By Application

7.4.4.3. Market Attractiveness Index

8.     Europe Autonomous Forklift Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Level of Automation

8.2.2. By Class Type

8.2.3. By Fuel Type

8.2.4. By Application

8.2.5. By Country

8.3.   Market Attractiveness Index

8.4.   Europe: Country Analysis

8.4.1. Germany Autonomous Forklift Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Level of Automation

8.4.1.2.2. By Class Type

8.4.1.2.3. By Fuel Type

8.4.1.2.4. By Application

8.4.1.3. Market Attractiveness Index

8.4.2. France Autonomous Forklift Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Level of Automation

8.4.2.2.2. By Class Type

8.4.2.2.3. By Fuel Type

8.4.2.2.4. By Application

8.4.2.3. Market Attractiveness Index

8.4.3. Italy Autonomous Forklift Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Level of Automation

8.4.3.2.2. By Class Type

8.4.3.2.3. By Fuel Type

8.4.3.2.4. By Application

8.4.3.3. Market Attractiveness Index

8.4.4. Spain Autonomous Forklift Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Level of Automation

8.4.4.2.2. By Class Type

8.4.4.2.3. By Fuel Type

8.4.4.2.4. By Application

8.4.4.3. Market Attractiveness Index

8.4.5. United Kingdom Autonomous Forklift Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Level of Automation

8.4.5.2.2. By Class Type

8.4.5.2.3. By Fuel Type

8.4.5.2.4. By Application

8.4.5.3. Market Attractiveness Index

8.4.6. Turkey Autonomous Forklift Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Level of Automation

8.4.6.2.2. By Class Type

8.4.6.2.3. By Fuel Type

8.4.6.2.4. By Application

8.4.6.3. Market Attractiveness Index

9.     North America Autonomous Forklift Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Level of Automation

9.2.2. By Class Type

9.2.3. By Fuel Type

9.2.4. By Application

9.2.5. By Country

9.3.   Market Attractiveness Index

9.4.   North America: Country Analysis

9.4.1. United States Autonomous Forklift Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Level of Automation

9.4.1.2.2. By Class Type

9.4.1.2.3. By Fuel Type

9.4.1.2.4. By Application

9.4.1.3. Market Attractiveness Index

9.4.2. Mexico Autonomous Forklift Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Level of Automation

9.4.2.2.2. By Class Type

9.4.2.2.3. By Fuel Type

9.4.2.2.4. By Application

9.4.2.3. Market Attractiveness Index

9.4.3. Canada Autonomous Forklift Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Level of Automation

9.4.3.2.2. By Class Type

9.4.3.2.3. By Fuel Type

9.4.3.2.4. By Application

9.4.3.3. Market Attractiveness Index

10.   South America Autonomous Forklift Market Outlook

10.1. Market Size & Forecast

10.1.1.    By Value & Volume

10.2. Market Share & Forecast

10.2.1.    By Level of Automation

10.2.2.    By Class Type

10.2.3.    By Fuel Type

10.2.4.    By Application

10.2.5.    By Country

10.3. Market Attractiveness Index

10.4.  South America: Country Analysis

10.4.1.    Brazil Autonomous Forklift Market Outlook

10.4.1.1.        Market Size & Forecast

10.4.1.1.1.             By Value & Volume

10.4.1.2.        Market Share & Forecast

10.4.1.2.1.             By Level of Automation

10.4.1.2.2.             By Class Type

10.4.1.2.3.             By Fuel Type

10.4.1.2.4.             By Application

10.4.1.3.        Market Attractiveness Index

10.4.2.    Argentina Autonomous Forklift Market Outlook

10.4.2.1.        Market Size & Forecast

10.4.2.1.1.             By Value & Volume

10.4.2.2.        Market Share & Forecast

10.4.2.2.1.             By Level of Automation

10.4.2.2.2.             By Class Type

10.4.2.2.3.             By Fuel Type

10.4.2.2.4.             By Application

10.4.2.3.        Market Attractiveness Index

10.4.3.    Colombia Autonomous Forklift Market Outlook

10.4.3.1.        Market Size & Forecast

10.4.3.1.1.             By Value & Volume

10.4.3.2.        Market Share & Forecast

10.4.3.2.1.             By Level of Automation

10.4.3.2.2.             By Class Type

10.4.3.2.3.             By Fuel Type

10.4.3.2.4.             By Application

10.4.3.3.        Market Attractiveness Index

11.   Middle East & Africa Autonomous Forklift Market Outlook

11.1. Market Size & Forecast

11.1.1.    By Value & Volume

11.2. Market Share & Forecast

11.2.1.    By Level of Automation

11.2.2.    By Class Type

11.2.3.    By Fuel Type

11.2.4.    By Application

11.2.5.    By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1.    South Africa Autonomous Forklift Market Outlook

11.4.1.1.        Market Size & Forecast

11.4.1.1.1.             By Value & Volume

11.4.1.2.        Market Share & Forecast

11.4.1.2.1.             By Level of Automation

11.4.1.2.2.             By Class Type

11.4.1.2.3.             By Fuel Type

11.4.1.2.4.             By Application

11.4.1.3.        Market Attractiveness Index

11.4.2.    UAE Autonomous Forklift Market Outlook

11.4.2.1.        Market Size & Forecast

11.4.2.1.1.             By Value & Volume

11.4.2.2.        Market Share & Forecast

11.4.2.2.1.             By Level of Automation

11.4.2.2.2.             By Class Type

11.4.2.2.3.             By Fuel Type

11.4.2.2.4.             By Application

11.4.2.3.        Market Attractiveness Index

11.4.3.    Saudi Arabia Autonomous Forklift Market Outlook

11.4.3.1.        Market Size & Forecast

11.4.3.1.1.             By Value & Volume

11.4.3.2.        Market Share & Forecast

11.4.3.2.1.             By Level of Automation

11.4.3.2.2.             By Class Type

11.4.3.2.3.             By Fuel Type

11.4.3.2.4.             By Application

11.4.3.3.        Market Attractiveness Index

11.4.4.    Iran Autonomous Forklift Market Outlook

11.4.4.1.        Market Size & Forecast

11.4.4.1.1.             By Value & Volume

11.4.4.2.        Market Share & Forecast

11.4.4.2.1.             By Level of Automation

11.4.4.2.2.             By Class Type

11.4.4.2.3.             By Fuel Type

11.4.4.2.4.             By Application

11.4.4.3.        Market Attractiveness Index

11.4.5.    Qatar Autonomous Forklift Market Outlook

11.4.5.1.        Market Size & Forecast

11.4.5.1.1.             By Value & Volume

11.4.5.2.        Market Share & Forecast

11.4.5.2.1.             By Level of Automation

11.4.5.2.2.             By Class Type

11.4.5.2.3.             By Fuel Type

11.4.5.2.4.             By Application

11.4.5.3.        Market Attractiveness Index

12.   Market Dynamics

12.1. Drivers

12.2. Challenges

13.   Market Trends & Developments

14.  Competitive Landscape

14.1. Hyundai Heavy Industries Group

14.2. AB Volvo

14.3. Jungheinrich AG

14.4. Linde Material Handling

14.5. KION Group AG

14.6. Toyota Material Handling Group

14.7. OTTO Motors

14.8. Balyo robotic

14.9. Crown Equipment

15.   Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing trend of e-commerce, increasing warehouse requirements, and growing technological advancements are expected to drive global autonomous forklift market during forecast period.

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Global autonomous forklift market can be classified based on level of automation, class type, fuel type, application and region.

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Based on class type, class 3 segment is expected to hold the largest share in global autonomous forklift market during forecast period.

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The major players operating in the autonomous forklift market include Hyundai Heavy Industries Group, AB Volvo, Jungheinrich AG, Linde Material Handling, KION Group AG, Toyota Material Handling Group, OTTO Motors, Balyo Robotic, Crown equipment, among others.

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