Driverless Forklift is a type of AGV forklift, which is a driverless, computer-controlled mobile transport unit used for material handling and transportation in various industries.
In 2019, Europe has the largest production capacity of Driverless Forklift, accounting for about 35% of the global revenue, while China is the second-largest region-wise market (about 25%).
The main manufacturers are Toyota, KION, Hyundai Construction Equipment, Mitsubishi Heavy Industries and Crown. The Top 5 took up about 44% of the global market in 2019.
Driverless Forklift are mainly classified into the following types: Maximum load ≤1 ton, 1 ton2.5 tons. Maximum load >2.5 tons accounted for the largest part of the Sales volume market, with nearly 39% in 2019. Maximum load ≤1 ton ranked the second, with about 32%.
Driverless Forklift have wide range of applications: Transportation and Logistics, Manufacturing Industry ,and Wholesale and Retail. Manufacturing Industry consumed the largest part, with about 48% of the market share by sales volume in 2019, followed by Transportation and Logistics (about 31.11
Market Analysis and Insights: Global Driverless Forklifts Market
The global Driverless Forklifts market was valued at US$ 687 million in 2019 and it is expected to reach US$ 1244 million by the end of 2026, growing at a CAGR of 11.3% during 2021-2026.
Global Driverless Forklifts Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Driverless Forklifts Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Maximum Load
Below 1 Tons
1 ton-2.5 Tons
Above 2.5 Tons
Segment by Application
Transportation and Logistics
Manufacturing Industry
Wholesale and Retail
By Company
KION
Toyota
Hyundai Construction Equipment
Mitsubishi Heavy Industries
Crown
Meidensha
BALYO
BHS Corrugated
Jungheinrich
Suzhou AGV Robot
Hangcha Group
Comwin
Machinery Technology Development (MTD)
Kunming Shipbuilding Equipment
DS Automotion GmbH
Jaten
Guochen Robot
Yonegy
Scott Transbotics
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
In 2019, Europe has the largest production capacity of Driverless Forklift, accounting for about 35% of the global revenue, while China is the second-largest region-wise market (about 25%).
The main manufacturers are Toyota, KION, Hyundai Construction Equipment, Mitsubishi Heavy Industries and Crown. The Top 5 took up about 44% of the global market in 2019.
Driverless Forklift are mainly classified into the following types: Maximum load ≤1 ton, 1 ton
Driverless Forklift have wide range of applications: Transportation and Logistics, Manufacturing Industry ,and Wholesale and Retail. Manufacturing Industry consumed the largest part, with about 48% of the market share by sales volume in 2019, followed by Transportation and Logistics (about 31.11
Market Analysis and Insights: Global Driverless Forklifts Market
The global Driverless Forklifts market was valued at US$ 687 million in 2019 and it is expected to reach US$ 1244 million by the end of 2026, growing at a CAGR of 11.3% during 2021-2026.
Global Driverless Forklifts Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Driverless Forklifts Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Maximum Load
Below 1 Tons
1 ton-2.5 Tons
Above 2.5 Tons
Segment by Application
Transportation and Logistics
Manufacturing Industry
Wholesale and Retail
By Company
KION
Toyota
Hyundai Construction Equipment
Mitsubishi Heavy Industries
Crown
Meidensha
BALYO
BHS Corrugated
Jungheinrich
Suzhou AGV Robot
Hangcha Group
Comwin
Machinery Technology Development (MTD)
Kunming Shipbuilding Equipment
DS Automotion GmbH
Jaten
Guochen Robot
Yonegy
Scott Transbotics
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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