India Autonomous Forklifts Market to 2032
Overview
The India Autonomous Forklifts Market is expected to reach a 131.53 USD Million by 2032 and is projected to grow at a CAGR of 15.06% from 2025 to 2032.
Revenue, 2024 (USD Million)
71.51
Forecast, 2032 (USD Million)
131.53
CAGR, 2024 - 2032
15.06%
Report Coverage
India
India Autonomous Forklifts Market 2018-2032 USD Million
India Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 71.51 USD Million
- Projected Market Size (2032): 131.53 USD Million
- CAGR (2025-2032): 15.06%
Key Findings of India Autonomous Forklifts Market
- The India Autonomous Forklifts Market was valued at 71.51 USD Million in 2024.
- The India Autonomous Forklifts Market is likely to grow at a CAGR of 15.06% 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 45.41 USD Million
- The fastest growing segment Electric Motor Rider Forklifts in Type Segment grew Fastest with a CAGR of 18.27% during the forecast period from 2024 to 2032.
India Autonomous Forklifts Market Scope
India Autonomous Forklifts Market Segmentation & Scope
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
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
India Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 71.51 USD Million |
| Market Value in 2032 | 131.53 USD Million |
| CAGR (2025-2032) | 15.06% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Level of Automation,Function,End-Users,Tonnage,Component,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 71.51 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 71.51 USD Million in 2024.
Segments and Scope
-
India Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 23.15 USD Million in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 18.27 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 21.35 USD Million in the year 2024.
- Level 2 is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 13.23 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 26.80 USD Million in the year 2024.
- Material Handling is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 16.66 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By End-Users
- Construction is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 18.94 USD Million in the year 2024.
- Construction is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 17.14 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 33.95 USD Million in the year 2024.
- Below 5 Tons is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 16.70 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 32.50 USD Million in the year 2024.
- Software is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 15.30 % in forecast period 2025-2032.
-
India Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in India Autonomous Forklifts Market to 2032 with a revenue of 45.41 USD Million in the year 2024.
- Leasing is the Fastest growing segment in India Autonomous Forklifts Market to 2032 with a Growth rate of 15.39 % in forecast period 2025-2032.
India 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. | |||
India Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million
India Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Function,End-Users,Tonnage,Component,Sales Channel.
India Autonomous Forklifts Market was valued at USD 71.51(Revenue in USD Million) in 2018.
India Autonomous Forklifts Market is projected to grow at a CAGR of 15.06% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the India Autonomous Forklifts Market, holding a largest market share of 45.41 USD Million in 2024
India Autonomous Forklifts Market Scope
India Autonomous Forklifts Market Segmentation & Scope
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
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Frequently Asked Questions
The India Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Function,End-Users,Tonnage,Component,Sales Channel.
India Autonomous Forklifts Market was valued at USD 71.51(Revenue in USD Million) in 2018.
India Autonomous Forklifts Market is projected to grow at a CAGR of 15.06% during the forecast period of 2024 to 2032.
The estimated market value of the India Autonomous Forklifts Market for final year is USD 131.53 (USD Million).
India Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The India Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Function,End-Users,Tonnage,Component,Sales Channel.
India Autonomous Forklifts Market was valued at USD 71.51(Revenue in USD Million) in 2018.
India Autonomous Forklifts Market is projected to grow at a CAGR of 15.06% during the forecast period of 2024 to 2032.
The estimated market value of the India Autonomous Forklifts Market for final year is USD 131.53 (USD Million).
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