North America Autonomous Forklifts Market to 2032
Overview
The North America Autonomous Forklifts Market is expected to reach a 1,317.84 USD Million by 2032 and is projected to grow at a CAGR of 13.16% from 2025 to 2032.
Revenue, 2024 (USD Million)
769.79
Forecast, 2032 (USD Million)
1,317.84
CAGR, 2024 - 2032
13.16%
Report Coverage
North America
North America Autonomous Forklifts Market 2018-2032 USD Million
North America Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 769.79 USD Million
- Projected Market Size (2032): 1,317.84 USD Million
- CAGR (2025-2032): 13.16%
Key Findings of North America Autonomous Forklifts Market
- The North America Autonomous Forklifts Market was valued at 769.79 USD Million in 2024.
- The North America Autonomous Forklifts Market is likely to grow at a CAGR of 13.16% 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 477.70 USD Million
- The fastest growing segment Retail in End-Users Segment grew Fastest with a CAGR of 17.01% during the forecast period from 2024 to 2032.
North America Autonomous Forklifts Market Scope
North America Autonomous Forklifts Market Segmentation & Scope
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Automotive
- Construction
- Food & Beverages
- Retail
- Transportation & Logistics
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
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
North America Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 769.79 USD Million |
| Market Value in 2032 | 1,317.84 USD Million |
| CAGR (2025-2032) | 13.16% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Users,Function,Component,Sales Channel,Tonnage,Type,Level of Automation |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 769.79 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 625.98 USD Million in 2024.
Segments and Scope
-
North America Autonomous Forklifts Market to 2032, By End-Users
- Transportation & Logistics is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 201.41 USD Million in the year 2024.
- Retail is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 14.69 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 251.65 USD Million in the year 2024.
- Material Handling is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 14.20 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 313.52 USD Million in the year 2024.
- Software is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 12.72 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 477.70 USD Million in the year 2024.
- Leasing is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 13.44 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 344.21 USD Million in the year 2024.
- Below 5 Tons is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 14.23 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 224.25 USD Million in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 16.19 % in forecast period 2025-2032.
-
North America Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in North America Autonomous Forklifts Market to 2032 with a revenue of 211.40 USD Million in the year 2024.
- Level 2 is the Fastest growing segment in North America Autonomous Forklifts Market to 2032 with a Growth rate of 9.74 % in forecast period 2025-2032.
North America 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. | |||
North America Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million
North America Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Autonomous Forklifts Market is segmented based on Segmentation End-Users,Function,Component,Sales Channel,Tonnage,Type,Level of Automation.
North America Autonomous Forklifts Market was valued at USD 769.79(Revenue in USD Million) in 2018.
North America Autonomous Forklifts Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the North America Autonomous Forklifts Market, holding a largest market share of 477.70 USD Million in 2024
North America Autonomous Forklifts Market Scope
North America Autonomous Forklifts Market Segmentation & Scope
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Automotive
- Construction
- Food & Beverages
- Retail
- Transportation & Logistics
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
Component
- Service
- Software
- Hardware
Sales Channel
- In-House Purchase
- Leasing
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
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
Frequently Asked Questions
The North America Autonomous Forklifts Market is segmented based on Segmentation End-Users,Function,Component,Sales Channel,Tonnage,Type,Level of Automation.
North America Autonomous Forklifts Market was valued at USD 769.79(Revenue in USD Million) in 2018.
North America Autonomous Forklifts Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The estimated market value of the North America Autonomous Forklifts Market for final year is USD 1,317.84 (USD Million).
North America Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The North America Autonomous Forklifts Market is segmented based on Segmentation End-Users,Function,Component,Sales Channel,Tonnage,Type,Level of Automation.
North America Autonomous Forklifts Market was valued at USD 769.79(Revenue in USD Million) in 2018.
North America Autonomous Forklifts Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The estimated market value of the North America Autonomous Forklifts Market for final year is USD 1,317.84 (USD Million).
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