Saudi Arabia Autonomous Forklifts Market to 2032
Overview
The Saudi Arabia Autonomous Forklifts Market is expected to reach a 131.27 USD Million by 2032 and is projected to grow at a CAGR of 12.90% from 2025 to 2032.
Revenue, 2024 (USD Million)
77.55
Forecast, 2032 (USD Million)
131.27
CAGR, 2024 - 2032
12.90%
Report Coverage
Saudi Arabia
Saudi Arabia Autonomous Forklifts Market 2018-2032 USD Million
Saudi Arabia Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 77.55 USD Million
- Projected Market Size (2032): 131.27 USD Million
- CAGR (2025-2032): 12.90%
Key Findings of Saudi Arabia Autonomous Forklifts Market
- The Saudi Arabia Autonomous Forklifts Market was valued at 77.55 USD Million in 2024.
- The Saudi Arabia Autonomous Forklifts Market is likely to grow at a CAGR of 12.90% 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 50.27 USD Million
- The fastest growing segment Retail in End-Users Segment grew Fastest with a CAGR of 16.78% during the forecast period from 2024 to 2032.
Saudi Arabia Autonomous Forklifts Market Scope
Saudi Arabia 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
Saudi Arabia Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 77.55 USD Million |
| Market Value in 2032 | 131.27 USD Million |
| CAGR (2025-2032) | 12.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage |
Regional Insights:
-
Leading Market (2024-2032): Saudi Arabia, leading in terms of revenue 77.55 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 77.55 USD Million in 2024.
Segments and Scope
-
Saudi Arabia Autonomous Forklifts Market to 2032, By End-Users
- Construction is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 26.19 USD Million in the year 2024.
- Retail is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 12.64 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 37.00 USD Million in the year 2024.
- Software is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 12.59 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 50.27 USD Million in the year 2024.
- Leasing is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 13.12 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 33.41 USD Million in the year 2024.
- Material Handling is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 14.27 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 30.25 USD Million in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 14.15 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 27.37 USD Million in the year 2024.
- Level 2 is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 11.12 % in forecast period 2025-2032.
-
Saudi Arabia Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a revenue of 37.86 USD Million in the year 2024.
- Below 5 Tons is the Fastest growing segment in Saudi Arabia Autonomous Forklifts Market to 2032 with a Growth rate of 13.63 % in forecast period 2025-2032.
Saudi Arabia 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. | |||
Saudi Arabia Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million
Saudi Arabia Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Saudi Arabia Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Saudi Arabia Autonomous Forklifts Market was valued at USD 77.55(Revenue in USD Million) in 2018.
Saudi Arabia Autonomous Forklifts Market is projected to grow at a CAGR of 12.90% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the Saudi Arabia Autonomous Forklifts Market, holding a largest market share of 50.27 USD Million in 2024
Saudi Arabia Autonomous Forklifts Market Scope
Saudi Arabia 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 Saudi Arabia Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Saudi Arabia Autonomous Forklifts Market was valued at USD 77.55(Revenue in USD Million) in 2018.
Saudi Arabia Autonomous Forklifts Market is projected to grow at a CAGR of 12.90% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Autonomous Forklifts Market for final year is USD 131.27 (USD Million).
Saudi Arabia Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The Saudi Arabia Autonomous Forklifts Market is segmented based on Segmentation End-Users,Component,Sales Channel,Function,Type,Level of Automation,Tonnage.
Saudi Arabia Autonomous Forklifts Market was valued at USD 77.55(Revenue in USD Million) in 2018.
Saudi Arabia Autonomous Forklifts Market is projected to grow at a CAGR of 12.90% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Autonomous Forklifts Market for final year is USD 131.27 (USD Million).
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