Autonomous Forklift Market size was valued at US$ 4.03 Bn. in 2022. Warehousing technology is expected to dominate the post COVID era for Autonomous Forklift Market.
Autonomous Forklift Market Overview:
The global Autonomous Forklift Market Research Report 2022-2029 by Maximize Market Research is a customized and in-depth analysis of the Autonomous Forklift industry, with a focus on the global market trend in the same forecast period.
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Autonomous Forklift Market Scope:
The worldwide ” Autonomous Forklift Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2021-2027. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.
Autonomous Forklift Market Drivers:
Driverless industrial vehicles are gaining a lot of interest right now as a way to automate tasks like carrying, lifting, lowering, putting away, or retrieving cargo without the need for a human operator. Although automated forklifts account for less than 2% of all forklifts sold in North America, there has never been a greater need for this technology. Many manufacturers are looking to automate material handling operations since limiting human interaction minimizes the risk of COVID-19 exposure. COVID-19 has made autonomous forklifts a reality for small footprint industrial companies, despite being acknowledged years ago. Automated guided vehicles (AGVs) include autonomous forklifts, however the word is most generally used to designate conveyances that don’t have forks and only provide horizontal movement.
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Autonomous Forklift Market Segmentation:
by Component
• Software
• Hardware
• Services
by Application
• Freight and Logistics
• Manufacturing
• Warehousing
• Others
by level of Autonomy
• Level 1
• Level 2
• Level 3
• Level 4
• Level 5
by Tonnage
• <5 tons
• 5-10 tons
• >10
by Sales Channel
• Leasing
• In house purchasing
Autonomous Forklift Market Key Players: The key players are
• Caterpillar
• Hangcha
• Hyster
• Jungheinrich AG
• Kaup
• Linde Material Handling
• Hyster-Yale Materials Handling Inc.
• Doosan Corporation
• Komatsu Ltd.
• Toyota Industries Corporation
• Mitsubishi Heavy Industries Ltd.
• STILL GmbH
• Crown Equipment Corporation
• Doosan Corporation.
• Hyundai Construction Equipment Europe
• MLE B.V.
• NITCO
• Anhui Heli Co., Ltd.
• Anhui Yufeng Equipment Co., Ltd.
• BHS Corrugated Maschinen
• Anlagenbau GmbH
• AB Volvo
• Baylo
Regional Analysis:
The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years 2021 through 2027. Consumption by Application is also supplied for the forecasted period of 2021 to 2027. Understanding the categories helps determine the importance of numerous components that contribute to market growth.
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COVID-19 Impact Analysis on Autonomous Forklift Market:
The research provides light on COVID-19 by considering changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of current market forces, and substantial government initiatives into account. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.
Key Questions Answered in the Autonomous Forklift Market Report are:
- Which segment grabbed the largest share in the Autonomous Forklift market in 2020?
- How is the competitive landscape of the Autonomous Forklift market?
- Which are the key factors aiding the Autonomous Forklift market growth in the forecast period (2021-2027)?
- Which region held the maximum share in the Autonomous Forklift market in 2020?
- What will be the CAGR of the Autonomous Forklift market during the forecast period (2021-2027)?
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