Autonomous forklift Market by Forklift Type (Rider Forklift, Narrow Aisle Forklift, Hand Forklift, Indoor Use Forklift, Internal Combustion Outdoor Forklift, Tow Forklift, Rough Terrain & Aerial Forklift), Automation Level (level 1, Level 2, Level 3, Level 4, Level 5), Tonnages (Below 5 Tons, 5-10 Tons, More Than 10 Tons), Component (Hardware, Software, Service), and End User (Manufacturing, Wholesale & Retail Distribution, Freight & Logistics, Other) - Global Analysis to 2023
Report Description
Autonomous forklift Market - Autonomous forklift is used to pick up and move heavy loads, all without any human assistance. This improves business operations along with the production rates and productivity. These fork lists are operated by remotely by using routing control system.
Report Overview
Global Autonomous Forklifts Market Overview
The autonomous forklifts market is projected to register a healthy CAGR during the forecast period of 2018 to 2023. Autonomous forklift is used to pick up and move heavy loads, all without any human assistance. This improves business operations along with the production rates and productivity. These fork lists are operated by remotely by using routing control system. Also, they reduce the risk of accidents on industrial spaces as they move along the planned path.
Rapid industrialization, growth in the logistics industry and increase in the technological advancements has majorly driven the autonomous forklifts market. However, high production and maintenance cost has obstructed the growth of the market.
The autonomous forklifts market is segmented based on forklift type, automation level, tonnages, component, end user, and geography. Forklift type is segmented into rider forklift, narrow aisle forklift, hand forklift, indoor use forklift, inte
al combustion outdoor forklift, tow forklift, and rough terrain & aerial forklift. Based on automation level, the autonomous forklifts market is sub-divided level 1, level 2, level 3, level 4, and level 5. By tonnages, the market is segmented into below 5 tons, 5-10 tons, more than 10 tons. Component is sub-segmented as hardware, software, and service. The end user covers manufacturing, wholesale & retail distribution, freight & logistics, and other. Geographically, the autonomous forklifts market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.
The key market players operating in the autonomous forklifts market include Hyster-Yale Materials Handling, Inc. (U.S.), Jungheinrich AG (Germany), Doosan Corporation (South Korea), Komatsu Ltd. (Japan), KION Group AG (Germany), Toyota Industries Corporation (Japan), Mitsubishi Heavy Industries, Ltd (Japan), Hyundai Construction Equipment (Belgium), Cat Lift Truck(U.S.), Anhui Heli Co., Ltd. (China), Anhui Yufeng warehousing equipment Co, Ltd (China), BHS Corrugated Maschinen-und Anlagenbau GmbH (Germany), AB Volvo (Sweden), BALYO (France), Godrej Industries Limited (India), HANGCHA Group (China), SINKOBE CO., LTD (Japan), and among others.
AUTONOMOUS FORKLIFTS MARKET SEGMENTS
Market By Forklift Type
• Rider Forklift
• Narrow Aisle Forklift
• Hand Forklift
• Indoor Use Forklift
• Inte
al Combustion Outdoor Forklift
• Tow Forklift
• Rough Terrain & Aerial Forklift
Market By Automation Level
• Level 1
• Level 2
• Level 3
• Level 4
• Level 5
Market By Tonnages
• Below 5 Tons
• 5-10 Tons
• More Than 10 Tons
Market By Component
• Hardware
• Software
• Service
Market By End User
• Manufacturing
• Wholesale & Retail Distribution
• Freight & Logistics
• Other
Market By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
KEY STAKEHOLDERS IN THE MARKET
• Transportation Service Providers
• Autonomous Forklifts Manufacturers, Dealers, and Suppliers
• End-use Industries
• Engine manufacturers
• Attachment manufacturers
• Battery manufacturers
Why Purchase This Report?
Market Intelligence
Comprehensive data on market size, growth rates, and segment analysis
Consumer Insights
Detailed analysis of purchasing behavior and preferences
Competitive Analysis
Profiles of key players and their market strategies
Future Trends
Emerging opportunities and market projections
Table of Contents
1. Introduction
1.1. Objectives of the study
1.2. Definition
1.3. Scope of the study
1.4. Currency Covered
1.5. Limitations
2. Research Methodogoly
2.1. Secondary Research
2.2. Primary Research
2.2.1. Breakdown of Primaries
2.2.2. Key Data From Primary Sources
2.2.3. Key Industry Insights
3. Market Size Estimation
3.1. Bottom-Up Approach
3.1.1. Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
3.2. Top-Down Approach
3.1.2. Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
3.2. Market Breakdown and Data Triangulation
3.3. Research Assumptions
4. Executive Summary
5. Premium Insights
5.1 Attractive Opportunities in Autonomous Forklifts Market
6. Market Overview
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Restraints
6.2.3 Opportunities
6.2.4 Challenges
6.3 Porter's Forces Analysis
6.4 Recent Trends in Market
7. Global Autonomous Forklifts Market, by Forklift Type
7.1. Rider Forklift
7.2. Narrow Aisle Forklift
7.3. Hand Forklift
7.4. Indoor Use Forklift
7.5. Inte
al Combustion Outdoor Forklift
7.6. Tow Forklift
7.7. Rough Terrain & Aerial Forklift
8. Global Autonomous Forklifts Market, by Automation Level
8.1. Level 1
8.2. Level 2
8.3. Level 3
8.4. Level 4
8.5. Level 5
9. Global Autonomous Forklifts Market, by Tonnage
9.1. Below 5 Tons
9.2. 5-10 Tons
9.3. More Than 10 Tons
10. Global Autonomous Forklifts Market, by Component
10.1. Hardware
10.2. Software
10.3. Service
11. Global Autonomous Forklifts Market, by End User
11.1. Manufacturing
11.2. Wholesale & Retail Distribution
11.3. Freight & Logistics
11.4. Others
12. Global Autonomous Forklifts Market, by Geography
12.1. North America
12.2. Europe
12.3. Asia-Pacific
12.4. Rest of the World
13. Global Autonomous Forklifts Market, Company Profile
13.1. Hyster-Yale Materials Handling, Inc.
13.2. Jungheinrich AG
13.3. Doosan Corporation
13.4. Komatsu Ltd.
13.5. KION Group AG
13.6. Toyota Industries Corporation
13.7. Mitsubishi Heavy Industries, Ltd
13.8. Hyundai Construction Equipment
13.9. Cat Lift Truck
13.10. Anhui Heli Co., Ltd.
13.11. Anhui Yufeng warehousing equipment Co, Ltd
13.12. BHS Corrugated Maschinen-und Anlagenbau GmbH
13.13. Godrej Industries Limited
13.14. HANGCHA Group
13.15. SINKOBE CO., LTD
13.16. BALYO
13.17. AB Volvo
Research Methodology
Our research methodology combines both primary and secondary research approaches to ensure data accuracy and reliability.
Primary Research
Industry Interviews
Conducted interviews with industry experts and key stakeholders
Consumer Surveys
Comprehensive surveys targeting relevant consumer segments
Secondary Research
- Analysis of company annual reports, investor presentations, and regulatory filings
- Review of industry publications, trade journals, and market studies
- Government statistics and regulatory databases
- Market data from reliable third-party sources
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