Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Driverless Forklifts market is expected to register a phenomenal CAGR of 7.3% during the review period (2022 to 2027).
Human intervention with machines is plummeting with the integration of electronics, IoT, communication systems, and others. The autonomous forklift is one such innovation, which can load, unload, and transport goods without any human involvement. Additionally, the forklift can independently maneuver in the storehouses and carry heavy loads without any damage. 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 forklifts, the factory owners are progressively procuring the autonomous forklift for transporting goods.
Autonomous forklifts ensure that the right part is always in the right place at the right time. Furthermore, they boost productivity in the warehouse and reduce the risk of accidents in industries.
Recent Development
TOYOTA GAZOO Racing Outlines Supra Enhancements
TOYOTA GAZOO Racing (TGR) is getting ready to roll out an enhanced Toyota Supra with upgraded driving performance and a manual transmission option for the RZ trim level, among other improvements as described below. Plans are in place for starting to welcome customer inquiries this coming summer, followed by vehicle delivery in Japan in the fall of 2022.
Ever since its first generation*1 in 1978, the Toyota Supra has earned legions of fans with its faithfully retained front-engine, rear-wheel-drive layout powered by an in-line six-cylinder engine*2. Also, in addition to the Supra having competed in numerous types of motorsports in the past and currently running in Super GT, the Supra-based, race-specific GR Supra GT4 achieved cumulative sales of 50 units by the end of 2021 after roughly a year and a half on the market. These and other achievements have made the Supra a model that can be enjoyed on both public roads and racing circuits.
By Type, it is segmented into
By Applications, it is segmented into
All these factors greatly affect the Driverless Forklifts market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The market in North America is expected to account for main revenue share owing to growing demand from various end-use industries such as the wood industry, construction, automotive food, and beverages, etc.
Scope of the Report covers the Driverless Forklifts Market with a detailed analysis of the overall scenario for the market. It also highlights the business participant's environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Driverless Forklifts Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | KION GROUP AG (XETRA :KGX.DE), Toyota Motor Corporation (NYSE :TM), Hyundai Construction Equipment, Mitsubishi Heavy Industries, Crown, Meidensha, BALYO, BHS Corrugated, Jungheinrich, Suzhou AGV Robot, Hangcha Group, Comwin, Machinery Technology Development (MTD), |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 131 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Driverless Forklifts Market is studied from 2017 - 2027.
Who are the key players in Driverless Forklifts Market?
KION GROUP AG (XETRA :KGX.DE), Toyota Motor Corporation (NYSE :TM), 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, OTTO Motors and others.
What are the significant types of Driverless Forklifts Market?
Below 1 Tons, 1 ton-2.5 Tons, Above 2.5 Tons, Others.
What are the major end-use applications of Driverless Forklifts Market?
Transportation and Logistics, Manufacturing Industry, Wholesale and Retail.
What segments are covered in the Driverless Forklifts Market report?
The Global Driverless Forklifts Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the Driverless Forklifts Market?
The sample report for the Driverless Forklifts Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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