South Africa Autonomous Forklifts Market to 2032
Overview
The South Africa Autonomous Forklifts Market is expected to reach a 72.98 USD Million by 2032 and is projected to grow at a CAGR of 11.27% from 2025 to 2032.
Revenue, 2024 (USD Million)
45.83
Forecast, 2032 (USD Million)
72.98
CAGR, 2024 - 2032
11.27%
Report Coverage
South Africa
South Africa Autonomous Forklifts Market 2018-2032 USD Million
South Africa Autonomous Forklifts Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 45.83 USD Million
- Projected Market Size (2032): 72.98 USD Million
- CAGR (2025-2032): 11.27%
Key Findings of South Africa Autonomous Forklifts Market
- The South Africa Autonomous Forklifts Market was valued at 45.83 USD Million in 2024.
- The South Africa Autonomous Forklifts Market is likely to grow at a CAGR of 11.27% 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 30.17 USD Million
- The fastest growing segment Automotive in End-Users Segment grew Fastest with a CAGR of 13.76% during the forecast period from 2024 to 2032.
South Africa Autonomous Forklifts Market Scope
South Africa 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
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
Component
- Service
- Software
- Hardware
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
South Africa Autonomous Forklifts Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 45.83 USD Million |
| Market Value in 2032 | 72.98 USD Million |
| CAGR (2025-2032) | 11.27% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Level of Automation,Tonnage,Component,End-Users,Sales Channel,Function |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 45.83 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 45.83 USD Million in 2024.
Segments and Scope
-
South Africa Autonomous Forklifts Market to 2032, By Type
- Electric Motor Rider Forklifts is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 20.09 USD Million in the year 2024.
- Electric Motor Rider Forklifts is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 13.36 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By Level of Automation
- Level 1 is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 17.52 USD Million in the year 2024.
- Level 2 is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 10.12 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By Tonnage
- Below 5 Tons is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 23.06 USD Million in the year 2024.
- Below 5 Tons is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 12.37 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By Component
- Hardware is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 22.42 USD Million in the year 2024.
- Software is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 10.98 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By End-Users
- Construction is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 17.62 USD Million in the year 2024.
- Automotive is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 10.99 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By Sales Channel
- Leasing is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 30.17 USD Million in the year 2024.
- Leasing is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 11.70 % in forecast period 2025-2032.
-
South Africa Autonomous Forklifts Market to 2032, By Function
- Material Handling is the largest segment in South Africa Autonomous Forklifts Market to 2032 with a revenue of 21.10 USD Million in the year 2024.
- Material Handling is the Fastest growing segment in South Africa Autonomous Forklifts Market to 2032 with a Growth rate of 12.96 % in forecast period 2025-2032.
South Africa 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. | |||
South Africa Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Autonomous Forklifts Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Tonnage,Component,End-Users,Sales Channel,Function.
South Africa Autonomous Forklifts Market was valued at USD 45.83(Revenue in USD Million) in 2018.
South Africa Autonomous Forklifts Market is projected to grow at a CAGR of 11.27% during the forecast period of 2024 to 2032.
The Leasing segment is expected to dominate the South Africa Autonomous Forklifts Market, holding a largest market share of 30.17 USD Million in 2024
South Africa Autonomous Forklifts Market Scope
South Africa 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
Tonnage
- More Than 10 Tons
- 5-10 Tons
- Below 5 Tons
Component
- Service
- Software
- Hardware
End-Users
- Others
- Wood Industry
- Paper Industry
- Manufacturing
- Food & Beverages
- Retail
- Transportation & Logistics
- Automotive
- Construction
Sales Channel
- In-House Purchase
- Leasing
Function
- Others
- Manufacturing
- Logistics & Freight
- Warehousing
- Material Handling
Frequently Asked Questions
The South Africa Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Tonnage,Component,End-Users,Sales Channel,Function.
South Africa Autonomous Forklifts Market was valued at USD 45.83(Revenue in USD Million) in 2018.
South Africa Autonomous Forklifts Market is projected to grow at a CAGR of 11.27% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Autonomous Forklifts Market for final year is USD 72.98 (USD Million).
South Africa Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The South Africa Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Tonnage,Component,End-Users,Sales Channel,Function.
South Africa Autonomous Forklifts Market was valued at USD 45.83(Revenue in USD Million) in 2018.
South Africa Autonomous Forklifts Market is projected to grow at a CAGR of 11.27% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Autonomous Forklifts Market for final year is USD 72.98 (USD Million).
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