China Autonomous Forklifts Market to 2032
Overview
The China Autonomous Forklifts Market is expected to reach a 262.53 USD Million by 2032 and is projected to grow at a CAGR of 17.85% from 2025 to 2032.
Revenue, 2024 (USD Million)
129.10
Forecast, 2032 (USD Million)
262.53
CAGR, 2024 - 2032
17.85%
Report Coverage
China
China Autonomous Forklifts Market 2018-2032 USD Million
China Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 129.10 USD Million
- Projected Market Size (2032): 262.53 USD Million
- CAGR (2025-2032): 17.85%
Key Findings of China Autonomous Forklifts Market
- The China Autonomous Forklifts Market was valued at 129.10 USD Million in 2024.
- The China Autonomous Forklifts Market is likely to grow at a CAGR of 17.85% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Leasing in Sales Channel Segment accounted for the largest share of the market with a revenue of 82.11 USD Million
- The fastest growing segment Electric Motor Rider Forklifts in Type Segment grew Fastest with a CAGR of 22.11% during the forecast period from 2024 to 2032.
China Autonomous Forklifts Market Scope
China Autonomous Forklifts Market Segmentation & Scope
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
Type
- Rough Terrain Forklift Trucks
- Electric/IC Engine Tow Tractors
- Internal Combustion Pneumatic Tire Forklifts
- Internal Combustion Cushion Tire Forklifts
- Electric Pallet Jacks, Stackers, and Tow Tractors
- Electric Motor Narrow Aisle Forklifts
- Electric Motor Rider Forklifts
Level of Automation
- Level 5
- Level 4
- Level 3
- Level 2
- Level 1
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
China Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 129.10 USD Million |
| Market Value in 2032 | 262.53 USD Million |
| CAGR (2025-2032) | 17.85% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 129.10 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 129.10 USD Million in 2024.
Segments and Scope
-
China Autonomous Forklifts Market to 2032, By End-Users
- Construction is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 25.41 USD Million in the year 2024.
- Retail is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 20.13 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 55.88 USD Million in the year 2024.
- Software is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 17.55 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 82.11 USD Million in the year 2024.
- Leasing is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 18.71 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 45.97 USD Million in the year 2024.
- Material Handling is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 21.65 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 35.84 USD Million in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 22.11 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 34.43 USD Million in the year 2024.
- Level 2 is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 15.12 % in forecast period 2025-2032.
-
China Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in China Autonomous Forklifts Market to 2032 with a revenue of 58.09 USD Million in the year 2024.
- Below 5 Tons is the Fastest growing segment in China Autonomous Forklifts Market to 2032 with a Growth rate of 18.99 % in forecast period 2025-2032.
China Autonomous Forklifts Market Company Share Analysis
| Company Name |
|
||
| MITSUBISHI HEAVY INDUSTRIES, LTD. | |||
| Jungheinrich AG | |||
| KION GROUP AG | |||
| TOYOTA MATERIAL HANDLING GROUP | |||
| Hyster-Yale Materials Handling, Inc. | |||
China Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million
China Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
China Autonomous Forklifts Market was valued at USD 129.10(Revenue in USD Million) in 2018.
China Autonomous Forklifts Market is projected to grow at a CAGR of 17.85% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the China Autonomous Forklifts Market, holding a largest market share of 82.11 USD Million in 2024
China Autonomous Forklifts Market Scope
China Autonomous Forklifts Market Segmentation & Scope
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
Type
- Rough Terrain Forklift Trucks
- Electric/IC Engine Tow Tractors
- Internal Combustion Pneumatic Tire Forklifts
- Internal Combustion Cushion Tire Forklifts
- Electric Pallet Jacks, Stackers, and Tow Tractors
- Electric Motor Narrow Aisle Forklifts
- Electric Motor Rider Forklifts
Level of Automation
- Level 5
- Level 4
- Level 3
- Level 2
- Level 1
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
Frequently Asked Questions
The China Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
China Autonomous Forklifts Market was valued at USD 129.10(Revenue in USD Million) in 2018.
China Autonomous Forklifts Market is projected to grow at a CAGR of 17.85% during the forecast period of 2024 to 2032.
The estimated market value of the China Autonomous Forklifts Market for final year is USD 262.53 (USD Million).
China Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The China Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
China Autonomous Forklifts Market was valued at USD 129.10(Revenue in USD Million) in 2018.
China Autonomous Forklifts Market is projected to grow at a CAGR of 17.85% during the forecast period of 2024 to 2032.
The estimated market value of the China Autonomous Forklifts Market for final year is USD 262.53 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.