South America Autonomous Forklifts Market to 2032

Overview

The South America Autonomous Forklifts Market is expected to reach a 220.95 USD Million by 2032 and is projected to grow at a CAGR of 10.43% from 2025 to 2032.

Revenue, 2024 (USD Million)
143.37
Forecast, 2032 (USD Million)
220.95
CAGR, 2024 - 2032
10.43%
Report Coverage
South America

South America Autonomous Forklifts Market 2018-2032 USD Million

South America Autonomous Forklifts Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 143.37 USD Million
  • Projected Market Size (2032): 220.95 USD Million
  • CAGR (2025-2032): 10.43%

Key Findings of South America Autonomous Forklifts Market

  • The South America Autonomous Forklifts Market was valued at 143.37 USD Million in 2024.
  • The South America Autonomous Forklifts Market is likely to grow at a CAGR of 10.43% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Below 5 Tons in Tonnage Segment accounted for the largest share of the market with a revenue of 94.98 USD Million
  • The fastest growing segment Transportation & Logistics in End-Users Segment grew Fastest with a CAGR of 13.46% during the forecast period from 2024 to 2032.

South America Autonomous Forklifts Market Scope

South America 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
Sales Channel
  • In-House Purchase
  • Leasing
Function
  • Others
  • Manufacturing
  • Logistics & Freight
  • Warehousing
  • Material Handling
End-Users
  • Others
  • Wood Industry
  • Paper Industry
  • Manufacturing
  • Automotive
  • Construction
  • Food & Beverages
  • Retail
  • Transportation & Logistics
Component
  • Service
  • Software
  • Hardware
Tonnage
  • 5-10 Tons
  • More Than 10 Tons
  • Below 5 Tons

South America Autonomous Forklifts Market Data Coverage Insights

Study Period 2024-2032
Base Year 2018
Unit Revenue in USD Million
Market Value in 2024 143.37 USD Million
Market Value in 2032 220.95 USD Million
CAGR (2025-2032) 10.43%
Historic Data 2016-2023
Market Segments Covered Type,Level of Automation,Sales Channel,Function,End-Users,Component,Tonnage

Regional Insights:

  • Leading Market (2024-2032): South America, leading in terms of revenue 143.37 USD Million in 2024
    • Key Country: Brazil, leading in terms of revenue with value of 105.74 USD Million in 2024.

Segments and Scope

  • South America Autonomous Forklifts Market to 2032, By Type
    • Electric Motor Rider Forklifts is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 88.20 USD Million in the year 2024.
    • Electric Motor Rider Forklifts is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 11.35 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By Level of Automation
    • Level 1 is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 46.24 USD Million in the year 2024.
    • Level 2 is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 7.38 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By Sales Channel
    • Leasing is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 91.82 USD Million in the year 2024.
    • Leasing is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 11.06 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By Function
    • Material Handling is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 56.89 USD Million in the year 2024.
    • Material Handling is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 12.85 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By End-Users
    • Transportation & Logistics is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 55.40 USD Million in the year 2024.
    • Transportation & Logistics is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 13.46 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By Component
    • Hardware is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 62.21 USD Million in the year 2024.
    • Software is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 10.07 % in forecast period 2025-2032.
  • South America Autonomous Forklifts Market to 2032, By Tonnage
    • Below 5 Tons is the largest segment in South America Autonomous Forklifts Market to 2032 with a revenue of 94.98 USD Million in the year 2024.
    • Below 5 Tons is the Fastest growing segment in South America Autonomous Forklifts Market to 2032 with a Growth rate of 11.33 % in forecast period 2025-2032.

South America Autonomous Forklifts Market Company Share Analysis

 
Company Name Company Share Analysis
MITSUBISHI HEAVY INDUSTRIES, LTD.
Jungheinrich AG
KION GROUP AG
TOYOTA MATERIAL HANDLING GROUP
Hyster-Yale Materials Handling, Inc.
South America Autonomous Forklifts Market Company Share Analysis

South America Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million

South America Autonomous Forklifts Market Geographical Sales Distribution, 2018-2032 USD Million

South America Autonomous Forklifts Market Company Profiling

South America Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The South America Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Sales Channel,Function,End-Users,Component,Tonnage.
South America Autonomous Forklifts Market was valued at USD 143.37(Revenue in USD Million) in 2018.
South America Autonomous Forklifts Market is projected to grow at a CAGR of 10.43% during the forecast period of 2024 to 2032.
The Below 5 Tons segment is expected to dominate the South America Autonomous Forklifts Market, holding a largest market share of 94.98 USD Million in 2024

South America Autonomous Forklifts Market Scope

South America 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
Sales Channel
  • In-House Purchase
  • Leasing
Function
  • Others
  • Manufacturing
  • Logistics & Freight
  • Warehousing
  • Material Handling
End-Users
  • Others
  • Wood Industry
  • Paper Industry
  • Manufacturing
  • Automotive
  • Construction
  • Food & Beverages
  • Retail
  • Transportation & Logistics
Component
  • Service
  • Software
  • Hardware
Tonnage
  • 5-10 Tons
  • More Than 10 Tons
  • Below 5 Tons
Frequently Asked Questions
The South America Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Sales Channel,Function,End-Users,Component,Tonnage.
South America Autonomous Forklifts Market was valued at USD 143.37(Revenue in USD Million) in 2018.
South America Autonomous Forklifts Market is projected to grow at a CAGR of 10.43% during the forecast period of 2024 to 2032.
The estimated market value of the South America Autonomous Forklifts Market for final year is USD 220.95 (USD Million).

South America Autonomous Forklifts Market Company Profiling

South America Autonomous Forklifts Market Company Profiling
Frequently Asked Questions
The South America Autonomous Forklifts Market is segmented based on Segmentation Type,Level of Automation,Sales Channel,Function,End-Users,Component,Tonnage.
South America Autonomous Forklifts Market was valued at USD 143.37(Revenue in USD Million) in 2018.
South America Autonomous Forklifts Market is projected to grow at a CAGR of 10.43% during the forecast period of 2024 to 2032.
The estimated market value of the South America Autonomous Forklifts Market for final year is USD 220.95 (USD Million).

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