- The market is expanding as industries increasingly adopt autonomous forklifts to streamline material handling processes and enhance operational efficiency
- Companies are investing in integrating artificial intelligence and sensor technologies to improve the accuracy and safety of autonomous forklift operations
- China autonomous forklifts market accounted for the largest market revenue share of 45% in Asia Pacific in 2024, driven by the country's advanced manufacturing capabilities, strong logistics infrastructure, and rapid industrial automation
- Japan is expected to witness the highest compound annual growth rate (CAGR) in the Asia-Pacific autonomous forklifts market due to increasing labor shortages, rising demand for precision automation, and the nation’s strong focus on integrating advanced robotics in industrial operations
- The electric motor rider forklifts segment dominated the market with the largest revenue share in 2024, attributed to their versatility in indoor applications and lower operational noise. Their widespread use in warehousing and manufacturing enhances workflow efficiency and safety
