Europe Autonomous Forklifts Market to 2032

Overview

The Europe Autonomous Forklifts Market is expected to reach a 2.16 USD Billion by 2032 and is projected to grow at a CAGR of 14.70% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1.19
Forecast, 2032 (USD Billion)
2.16
CAGR, 2024 - 2032
14.70%
Report Coverage
Europe

Europe Autonomous Forklifts Market 2018-2032 USD Billion

Europe Autonomous Forklifts Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1.19 USD Billion
  • Projected Market Size (2032): 2.16 USD Billion
  • CAGR (2025-2032): 14.70%

Key Findings of Europe Autonomous Forklifts Market

  • The Europe Autonomous Forklifts Market was valued at 1.19 USD Billion in 2024.
  • The Europe Autonomous Forklifts Market is likely to grow at a CAGR of 14.70% 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 0.75 USD Billion
  • The fastest growing segment Transportation & Logistics in End-Users Segment grew Fastest with a CAGR of 17.76% during the forecast period from 2024 to 2032.

Europe Autonomous Forklifts Market Scope

Europe Autonomous Forklifts Market Segmentation & Scope
End-Users
  • Others
  • Paper Industry
  • Wood Industry
  • Manufacturing
  • Construction
  • Automotive
  • Retail
  • Food & Beverages
  • Transportation & Logistics
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

Europe Autonomous Forklifts Market Data Coverage Insights

Study Period 2024-2032
Base Year 2018
Unit Revenue in USD Billion
Market Value in 2024 1.19 USD Billion
Market Value in 2032 2.16 USD Billion
CAGR (2025-2032) 14.70%
Historic Data 2016-2023
Market Segments Covered End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage

Regional Insights:

  • Leading Market (2024-2032): Europe, leading in terms of revenue 1.19 USD Billion in 2024
    • Key Country: Germany, leading in terms of revenue with value of 271.28 USD Million in 2024.

Segments and Scope

  • Europe Autonomous Forklifts Market to 2032, By End-Users
    • Transportation & Logistics is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 323.28 USD Billion in the year 2024.
    • Transportation & Logistics is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 17.76 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Component
    • Hardware is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 488.01 USD Billion in the year 2024.
    • Software is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 14.50 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Sales Channel
    • Leasing is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 750.34 USD Billion in the year 2024.
    • Leasing is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 15.53 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Function
    • Material Handling is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 400.60 USD Billion in the year 2024.
    • Material Handling is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 16.74 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Type
    • Electric Motor Rider Forklifts is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 358.91 USD Billion in the year 2024.
    • Electric Motor Rider Forklifts is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 17.71 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Level of Automation
    • Level 1 is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 344.26 USD Billion in the year 2024.
    • Level 2 is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 12.94 % in forecast period 2025-2032.
  • Europe Autonomous Forklifts Market to 2032, By Tonnage
    • Below 5 Tons is the largest segment in Europe Autonomous Forklifts Market to 2032 with a revenue of 499.25 USD Billion in the year 2024.
    • Below 5 Tons is the Fastest growing segment in Europe Autonomous Forklifts Market to 2032 with a Growth rate of 16.42 % in forecast period 2025-2032.

Europe Autonomous Forklifts Market Company Share Analysis

 
Company Name Company Share Analysis
MITSUBISHI HEAVY INDUSTRIES, LTD.
Jungheinrich AG
KION GROUP AG
TOYOTA MATERIAL HANDLING GROUP
Hyster-Yale Materials Handling, Inc.
Europe Autonomous Forklifts Market Company Share Analysis

Europe Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Autonomous Forklifts Market Company Profiling

Europe Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The Europe Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Europe Autonomous Forklifts Market was valued at USD 1.19(Revenue in USD Billion) in 2018.
Europe Autonomous Forklifts Market is projected to grow at a CAGR of 14.70% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the Europe Autonomous Forklifts Market, holding a largest market share of 0.75 USD Billion in 2024

Europe Autonomous Forklifts Market Scope

Europe Autonomous Forklifts Market Segmentation & Scope
End-Users
  • Others
  • Paper Industry
  • Wood Industry
  • Manufacturing
  • Construction
  • Automotive
  • Retail
  • Food & Beverages
  • Transportation & Logistics
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 Europe Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Europe Autonomous Forklifts Market was valued at USD 1.19(Revenue in USD Billion) in 2018.
Europe Autonomous Forklifts Market is projected to grow at a CAGR of 14.70% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Autonomous Forklifts Market for final year is USD 2.16 (USD Billion).

Europe Autonomous Forklifts Market Company Profiling

Europe Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The Europe Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Europe Autonomous Forklifts Market was valued at USD 1.19(Revenue in USD Billion) in 2018.
Europe Autonomous Forklifts Market is projected to grow at a CAGR of 14.70% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Autonomous Forklifts Market for final year is USD 2.16 (USD Billion).

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