Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Autonomous Forklift Market by Component (Hardware, Software, and Services), by Sales Channel (In-House Purchase and Leasing), by Level of Autonomy (Level One, Level Two, Level Three, Level Four, and Level Four), by Tonnage (Below 5 Tons, 5-10 Tons, and Above 10 Tons), and by Application (Manufacturing, Warehousing, Freight & Logistics, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A09607 | Pages: NA | Jun 2021 | 400 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Autonomous Forklift Market
Request Now !Autonomous Forklift Market Outlook - 2027
The human intervention with machines is reducing with integration of electronics, IoT, communication systems, and others. Autonomous forklift is one such innovation, which can load, unload,and transport goodswithout any human involvement. Additionally, the forklift can independently maneuver in the storehouses and carry heavy loads without any damages. The autonomous forklift has cameras and sensors which provide information for operation. Besides, the autonomous forklift acts as per the program loaded inside its software. Owing to the advantages offered by autonomous forklift, the factory owners are increasingly procuring the autonomous forklift for transporting goods.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Component, Sales channel, Level of autonomy, Tonnage, Application |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
Companies covere | Caterpillar, Hangcha, Hyster, Jungheinrich AG, Kaup, Linde Material Handling, Hyster-Yale Materials Handling Inc., Doosan Corporation, Komatsu Ltd., Toyota Industries Corporation, Mitsubishi Heavy Industries Ltd |
Â
 COVID-19 scenario analysis:
- Due to the impact and challenges of COVID-19, the condition of automotive industry is worsening.
- It has put an incredible strain on global supply chains and logistics infrastructure.
- Moreover, reopening of firms have been taken care with variety of measures. For instance, forklift manufacturer Toyota Material Handling is observing National Forklift Safety Day through implementation of various measures across its dealer locations to ensure customer service is uninterrupted.
- However, autonomous forklift would be used to alleviate the strain on existing forklift services. Moreover, the company operation could be started with minimal human requirements, further reducing the risk of COVID-19.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The increased productivity and work efficiency offered by autonomous forklift is primarily driving the autonomous forklift market growth. Additionally, the autonomous forklift reduces the risk of accident and delivers material without any damage or risk. Besides, the autonomous forklift reduces the labor cost significantly. Moreover, the smarter handling with lean logistics offered by autonomous forklift is proliferating the market growth. However, high initial investment is expected to hamper market growth. Furthermore, booming e-commerce sector along with increasing distributors and suppliers is propelling the autonomous forklift market.
The Autonomous Forkliftmarket trends are as follows:
Company expansion to maneuver the growth
The company expansion aids in improving the production capacity of the product. Additionally, with expansion of firms, the revenue and profits also increase, which, in turn, could catalyze the innovation of the product. Besides, expansion provides opportunities to attract new customers and retain old ones. In 2019, Geek plus robotics looks to expand into forklift for heavy industry. Moreover, the company is focusing to deliver solutions to steelmaking, construction, and other operations where the loads are big and heavy.
Rising e-commerce sector to flourish the market
The introduction of e-commerce has changed the logistics and warehousing service to another level. As the number of deliveries are increasing through e-commerce, the amount of labor charges and workforce is increasing. Moreover, this has led to increase in warehouse automation. For instance, Amazon is set to enter an agreement with Balyo, A French autonomous forklift manufacturer, with an aim to build automation in warehouse. Additionally, Amazon recently has more than 200,000 robotic vehicles that are moving goods through its delivery fulfilment center in the U.S.
Key segments covered:
Segments | Sub-segments |
Component |
|
Sales channel |
|
Level of autonomy |
|
Tonnage |
|
Application |
|
Key benefits of the report:
- This study presents the analytical depiction of the autonomous forklift industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed autonomous forklift market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the autonomous forklift market research report:
- Which are the leading market players active in the autonomous forkliftmarket?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Autonomous Forklift Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers