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Autonomous Forklifts Market Size, Share Global Analysis Report, 2018 – 2025

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Autonomous Forklifts Market By Type (Indoor and Outdoor), By Fuel Source (Electric, Fuel Cells, CNG, and Petrol & Diesel), By Technology (Line Guided, Vision Guided (3D), Laser- Guided, and Others), By Industry (Pharmaceutical, Manufacturing, Food & Beverage, Chemical, Automotive, Paper & Print, and Others), By Truck Type (Side Loader, Telehandler, Counterbalance Forklift, Pallet Jack, Rough Terrain Forklift, Order Picker, Walkie Stacker, Reach Fork Truck, and Others), By Channel (OEM and Aftermarket), and By Capacity (Less than 1000 Kgs, Between 1000 Kgs and 2000 Kgs, Between 2000 Kgs and 5000 Kgs, and Above 5000 Kgs): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2025

Industry Insights

The report covers the forecast and analysis of the Autonomous Forklifts market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the Autonomous Forklifts market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Autonomous Forklifts market on a global level.

Global Autonomous Forklifts Market Size

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In order to give the users of this report a comprehensive view of the Autonomous Forklifts market, we have included a competitive landscape and an analysis of Porter&rsquo's Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Femtech market by segmenting the market based on type, fuel source, technology, industry, truck type, channel, capacity, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025.

A thriving eCommerce business is predicted to favorably leverage market growth over the forecast period. However, strict safety & emission laws pertaining to the functioning of the autonomous forklift can put brakes on the autonomous forklift industry over the forecast timeline. Nonetheless, the escalating popularity of the battery-driven forklifts along with large-scale product demand in the developing countries will provide the industry players with new opportunities for expanding their business over the forecast period.

Based on the type, the market is sectored into Indoor and Outdoor. On the basis of fuel source, the industry is divided into Electric, Fuel Cells, CNG, and Petrol & Diesel. In terms of technology, the market is classified into Line Guided, Vision Guided (3D), Laser- Guided, and Others. Based on the industry, the autonomous forklift industry is segmented into Pharmaceutical, Manufacturing, Food & Beverage, Chemical, Automotive, Paper & Print, and Others. On the basis of truck type, the market is sectored into Side Loader, Telehandler, Counterbalance Forklifts, Pallet Jacks, Rough Terrain Forklifts, Order Picker, Walkie Stacker, Reach Fork Truck, and Others. Channel-wise, the market is divided into OEM and Aftermarket. Based on the capacity, the industry is divided into Less than 1000 Kgs, Between 1000 Kgs and 2000 Kgs, Between 2000 Kgs and 5000 Kgs, and Above 5000 Kgs.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 6,576 Million

Projected Market Size in 2026

USD 10,501 Million

CAGR Growth Rate

7.14% CAGR

Base Year

2019

Forecast Years

2018-2025

Key Market Players

AB Volvo, Anhui Heli Co., Ltd., BALYO, Crown Equipment Corporation, Dematic, Doosan Industrial Vehicle America Corp, Gen Surv Robotics, Godrej Material Handling, Hyundai Construction Equipment Co., Ltd., Jungheinrich AG, Kollmorgen, Linde Material Handling, Mitsubishi Caterpillar Forklift America Inc., Nichiyu Forklift, Northland Industrial Truck Company, Inc., Scott, Seegrid Corporation, Swisslog Holding AG, Toyota Industries Corporation, and UniCarriers Americas Corporation.

Key Segment

By Type, By Fuel Source, By Technology, By Industry, By Truck Type, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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This report segments the Autonomous Forklifts market as follows:

logoCompetitive Analysis

  • AB Volvo
  • Anhui Heli Co. Ltd.
  • BALYO
  • Crown Equipment Corporation
  • Dematic
  • Doosan Industrial Vehicle America Corp
  • Gen Surv Robotics
  • Godrej Material Handling
  • Hyundai Construction Equipment Co. Ltd.
  • Jungheinrich AG
  • Kollmorgen
  • Linde Material Handling
  • Mitsubishi Caterpillar Forklift America Inc.
  • Nichiyu Forklift
  • Northland Industrial Truck Company Inc.
  • Scott
  • Seegrid Corporation
  • Swisslog Holding AG
  • Toyota Industries Corporation
  • UniCarriers Americas Corporation.

logo By Type Segment Analysis

  • Indoor
  • Outdoor

logoGlobal Autonomous ForkliftsMarket:By Fuel Source Segment Analysis

  • Electric
  • Fuel Cells
  • CNG
  • Petrol & Diesel

logo By Technology Segment Analysis

  • Line Guided
  • Vision Guided (3D)
  • Laser-Guided
  • Others

logo By Industry Segment Analysis

  • Pharmaceutical
  • Manufacturing
  • Food & Beverage
  • Chemical
  • Automotive
  • Paper & Print
  • Others

logo By Truck Type Segment Analysis

  • Side Loader
  • Telehandler
  • Counterbalance Forklift
  • Pallet Jack
  • Rough Terrain Forklift
  • Order Picker
  • Walkie Stacker
  • Reach Fork Truck
  • Others

logo By Capacity Segment Analysis

  • Less than 1000 Kgs
  • Between 1000 Kgs and 2000 Kgs
  • Between 2000 Kgs and 5000 Kgs
  • Above 5000 Kgs

logo By Channel Segment Analysis

  • OEM
  • Aftermarket

logoGlobalAutonomous Forklifts Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Industry Major Market Players

  • AB Volvo
  • Anhui Heli Co. Ltd.
  • BALYO
  • Crown Equipment Corporation
  • Dematic
  • Doosan Industrial Vehicle America Corp.
  • Gen Surv Robotics
  • Godrej Material Handling
  • Hyundai Construction Equipment Co. Ltd.
  • Jungheinrich AG
  • Kollmorgen
  • Linde Material Handling
  • Mitsubishi Caterpillar Forklift America Inc.
  • Nichiyu Forklift
  • Northland Industrial Truck Company Inc.
  • Seegrid Corporation
  • Swisslog Holding AG
  • Toyota Industries Corporation
  • UniCarriers Americas Corporation

Frequently Asked Questions

A forklift is a powered industrial truck that is used for lifting and moving materials over little distances. The autonomous forklifts are produced for reducing the wages of the workers, minimize the operational costs, and enhancing the output. Apparently, the products are driven by CNG, diesel fuel, electricity, and gasoline. Furthermore, electric forklifts are run by a battery or fuel cells imparting the power to the electric motors. In addition to this, forklift safety is controlled by myriad standards including Occupational Safety and Health Administration (OSHA) in the U.S. & Health and Safety Executive in the UK.
According to the report, the global Autonomous Forklifts market was valued at approximately USD 6,576 million in 2018 and is expected to reach a value of around USD 10,501 million by 2025, at a CAGR of around 7.14% between 2019 and 2025.
Large scale use of autonomous forklifts in commercial & industrial sectors to drive the market expansion over the forecast period.
Asia Pacific to contribute majorly towards the overall market growth by 2025.
Some of the key players in the market include AB Volvo, Anhui Heli Co., Ltd., BALYO, Crown Equipment Corporation, Dematic, Doosan Industrial Vehicle America Corp, Gen Surv Robotics, Godrej Material Handling, Hyundai Construction Equipment Co., Ltd., Jungheinrich AG, Kollmorgen, Linde Material Handling, Mitsubishi Caterpillar Forklift America Inc., Nichiyu Forklift, Northland Industrial Truck Company, Inc., Scott, Seegrid Corporation, Swisslog Holding AG, Toyota Industries Corporation, and UniCarriers Americas Corporation.