Global Autonomous Forklifts Market to 2032
Overview
The Global Autonomous Forklifts Market is expected to reach a 5.30 USD Billion by 2032 and is projected to grow at a CAGR of 7.31% from 2025 to 2032.
Revenue, 2024 (USD Billion)
3.00
Forecast, 2032 (USD Billion)
5.30
CAGR, 2024 - 2032
7.31%
Report Coverage
Global
Global Autonomous Forklifts Market 2018-2032 USD Billion
Global Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 3.00 USD Billion
- Projected Market Size (2032): 5.30 USD Billion
- CAGR (2025-2032): 7.31%
Key Findings of Global Autonomous Forklifts Market
- The Global Autonomous Forklifts Market was valued at 5.30 USD Billion in 2024.
- The Global Autonomous Forklifts Market is likely to grow at a CAGR of 7.31% 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 1.90 USD Billion
- The fastest growing segment Electric Motor Rider Forklifts in Type Segment grew Fastest with a CAGR of 8.50% during the forecast period from 2024 to 2032.
Global Autonomous Forklifts Market Scope
Global Autonomous Forklifts Market Segmentation & Scope
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Automotive
- Food & Beverages
- Retail
- Construction
- Transportation & Logistics
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
Global Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 3.00 USD Billion |
| Market Value in 2032 | 5.30 USD Billion |
| CAGR (2025-2032) | 7.31% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Sales Channel,Function,End-Users,Type,Level of Automation,Tonnage |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 3.00 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 625.98 USD Million in 2024.
Segments and Scope
-
Global Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 1.28 USD Billion in the year 2024.
- Software is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 7.20 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 1.90 USD Billion in the year 2024.
- Leasing is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 7.63 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 1.07 USD Billion in the year 2024.
- Material Handling is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 8.19 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By End-Users
- Transportation & Logistics is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 697.92 USD Billion in the year 2024.
- Retail is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 8.29 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 985.01 USD Billion in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 8.50 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 890.46 USD Billion in the year 2024.
- Level 2 is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 6.10 % in forecast period 2025-2032.
-
Global Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in Global Autonomous Forklifts Market to 2032 with a revenue of 1.37 USD Billion in the year 2024.
- Below 5 Tons is the Fastest growing segment in Global Autonomous Forklifts Market to 2032 with a Growth rate of 7.95 % in forecast period 2025-2032.
Global 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. | |||
Global Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Autonomous Forklifts Market is segmented based on Segmentation Component,Sales Channel,Function,End-Users,Type,Level of Automation,Tonnage.
Global Autonomous Forklifts Market was valued at USD 3.00(Revenue in USD Billion) in 2018.
Global Autonomous Forklifts Market is projected to grow at a CAGR of 7.31% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the Global Autonomous Forklifts Market, holding a largest market share of 1.90 USD Billion in 2024
Global Autonomous Forklifts Market Scope
Global Autonomous Forklifts Market Segmentation & Scope
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Automotive
- Food & Beverages
- Retail
- Construction
- Transportation & Logistics
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 Global Autonomous Forklifts Market is segmented based on Segmentation Component,Sales Channel,Function,End-Users,Type,Level of Automation,Tonnage.
Global Autonomous Forklifts Market was valued at USD 3.00(Revenue in USD Billion) in 2018.
Global Autonomous Forklifts Market is projected to grow at a CAGR of 7.31% during the forecast period of 2024 to 2032.
The estimated market value of the Global Autonomous Forklifts Market for final year is USD 5.30 (USD Billion).
Global Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The Global Autonomous Forklifts Market is segmented based on Segmentation Component,Sales Channel,Function,End-Users,Type,Level of Automation,Tonnage.
Global Autonomous Forklifts Market was valued at USD 3.00(Revenue in USD Billion) in 2018.
Global Autonomous Forklifts Market is projected to grow at a CAGR of 7.31% during the forecast period of 2024 to 2032.
The estimated market value of the Global Autonomous Forklifts Market for final year is USD 5.30 (USD Billion).
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