Automated Forklift Trucks Market Size, Key Trends, and Growth Opportunities by 2024
Uncover the size, key trends, and growth opportunities in the Automated Forklift Trucks Market with insights through 2024.
Explore the Latest Insights in the Automated Forklift Trucks Market!
A new report from Fortune Business Insights™ titled Automated Forklift Trucks Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032 provides a comprehensive analysis of the Automated Forklift Trucks Market landscape. This report includes competitor and regional analyses, along with the latest advancements in the market.
Inside, you’ll find a detailed table of contents, figures, tables, and charts, complemented by insightful commentary. The Automated Forklift Trucks Market sector has seen remarkable growth recently, driven by increasing product demand, a growing customer base, and technological innovations. This report thoroughly examines the Automated Forklift Trucks Market, covering market size, trends, key drivers and constraints, competitive dynamics, and future growth prospects. Our goal is to delve deep into the industry to understand its dynamics and economic potential.
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Market Summary:
The “Automated Forklift Trucks Market Research Report Overview by 2024” market size is reached USD 0.63 billion by 2023 and it is expected to reach USD 1.52 billion by 2032 between the forecast period and expected Compound annual growth rate of 10.4% between the forcast period by (2023-2032).
The Automated Forklift Trucks Market has experienced significant growth, supported by various factors like rising product demand, an expanding customer base, and technological advancements. This report delivers an in-depth analysis of the market, including insights on market size, trends, key drivers and challenges, competitive dynamics, and future growth opportunities.
Top Companies in the Automated Forklift Trucks Market:
Here are some leading manufacturers in the sector:
- Toyota Industries Corporation (Japan)
- JBT (U.S.)
- Mitsubishi Caterpillar Forklift America Inc. (U.S.)
- Agilox Services GmbH (Austria)
- Seegrid Corporation (U.S.)
- Kollmorgen (U.S.)
- KION GROUP AG (Germany)
- Hyster-Yale Materials Handling, Inc (U.S.)
- E&K Automation GmbH (Germany)
- Mitsubishi Logisnext Co. Ltd (Japan)
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Segmentation:
Automated Forklift Trucks Market Size, Share & Industry Analysis, By Type (Pallet Mover, Counterbalance, Outrigger, and Reach Truck), By Navigation Technology (Laser Guided, Magnetic Guided, Vision Guided, and Others), By Application (Transportation & Distribution, Storage & Assembly, and Packaging), By Industry (Automotive, Food & Beverage, E-Commerce, and Others), and Regional Forecast, 2024-2032
Market Coverage:
- Market Trends
- Market Segmentation by Segment
- Market Segmentation by Region
- Price Analysis
- Impact of COVID-19
- Market Forecast
This report provides insights into the market landscape, broken down by sub-regions and countries. It highlights potential profit opportunities alongside market share and growth rates for each region.
Regional Analysis:
- North America (By Type, By Navigation Technology, By Application, By Industry, and By Country)
- U.S. (By Type)
- Canada (By Type)
- Europe (By Type, By Navigation Technology, By Application, By Industry, and By Country)
- Germany (By Type)
- U.K. (By Type)
- France (By Type)
- Russia (By Type)
- Italy (By Type)
- Spain (By Type)
- Nordics (By Type)
- Benelux (By Type)
- Rest of Europe
- Asia Pacific (By Type, By Navigation Technology, By Application, By Industry, and By Country)
- China (By Type)
- Japan (By Type)
- India (By Type)
- South Korea (By Type)
- Southeast Asia (By Type)
- Rest of the Asia Pacific
- Middle East & Africa (By Type, By Navigation Technology, By Application, By Industry, and By Country)
- GCC (By Type)
- South Africa (By Type)
- Rest of the Middle East & Africa
- Latin America (By Type, By Navigation Technology, By Application, By Industry, and By Country)
- Brazil (By Type)
- Mexico (By Type)
- Rest of Latin America
Report Highlights:
- Key growth drivers and challenges for the market.
- Comprehensive overview of regional developments.
- List of major industry players.
- Strategies adopted by key market players.
- Recent developments, including product launches and mergers.
The report also discusses limiting factors and the regional industrial presence that may impact market growth trends beyond 2032. Our market research aims to provide a thorough understanding of the industry’s potential and equip companies with the insights they need to make informed decisions. The Automated Forklift Trucks Market Report spans over 100+ pages and includes a detailed table of contents, figures, tables, graphs, and extensive analysis.
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Industry Developments (Mergers, Acquisitions, Partnerships)
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
Industry Developments:
-
- Linde Material Handling, a subsidiary of KION Group AG, launched a new counterbalance type of forklift truck for warehouse automation. It is integrated with vision guided navigation technology. The product has a load capacity of around 2 to 3 tons. Moreover, it can be used for the transportation of products from one location to another.
- Doosan Industrial Vehicle, a subsidiary of Doosan Corporation, signed a partnership with Kollmorgen. The partnership has been made to improve automation in the Kollmorgen. In addition, the main aim of the partnership is to improve the production of automated forklift trucks.
- Jungheinrich AG, an exclusive distributor of Mitsubishi Logisnext Americas Group, introduced a new EKX 516Ka autonomous truck for handling and storage applications. It is a high rack stacker and offers features such as environment friendliness, versatility, powerfulness, maximum efficiency, and high productivity.
- Linde Material Handling, a subsidiary of KION Group AG, introduced the R-matic autonomous reach truck for warehouse and logistics applications. It has a height of more than 11 meters and load capacity of 1,600 KG. It uses vision guided navigation technology with an innovative 3D camera to detect and maintain the precise loading location.
- Otto Motors launched new automated products, such as OTTO 1500 and OTTO 100, for warehouse and manufacturing facility applications. They have a loading capacity of 2,640 pounds and feature laser guided navigation technology. They reduce labor costs, increasing the production capacity of manufacturing sectors.
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