Autonomous forklift are those type of material handling truck which can be assisted without any human intervention. It increases productivity and logistical process and it reduces the risk of accidents on industrial spaces. Forklift is the most advanced electric truck which can run on the power batteries also. That battery has enough power to run without discharging. The electric motor which is placed in forklift is strong enough to lift very heavy material loads and move easily. Along with its advance technology, it is a very expensive machine truck. It cost around USD 20,000 to USD 50,000 for a normal mid-sized forklifts. Also it has stringent safety regulations for it operators.
The Autonomous Forklifts market research report conveys in market analysis and future prospects of the Autonomous Forklifts market. The report covers huge information which makes the exploration record a convenient asset for supervisors, investigators, industry specialists, and other key individuals to access and examine the market along with diagrams and tables to help comprehend market patterns, drivers and market difficulties. The examination is portioned by, key market players, future patterns, most recent market investigation n, application utilization, and different significant geological profits.
Market Overview
Global Autonomous Forklifts Market is expected to grow with the substantial CAGR of 7.3% in the forecast period of 2019 to 2026.
Key players profiled in this report are:
Hyster-Yale Materials Handling, Inc., Jungheinrich AG, Doosan Corporation, Komatsu Ltd., KION GROUP AG, Toyota Industries Corporation, Mitsubishi Heavy Industries, Ltd, Hyundai Construction Equipment. Europe, Cat Lift Truck, NITCO, Anhui Heli Co., Ltd., Anhui Yufeng warehousing equipment Co, Ltd, BHS Corrugated Maschinen-und Anlagenbau GmbH, AB Volvo, BALYO, CLARK, Godrej Industries Limited, Corecon, Inc, HANGCHA Group, SINKOBE CO., LTD among others.
Toyota Industries Corporation
Toyota Industries Corporation headquartered in kariya, Japan which was founded in 1926. The company engages in manufacturing for materials handling equipment’s, automobile products and textile machinery
KION GROUP AG
KION GROUP AG was founded in 2006.The products offered by the company are e-trucks, IC-trucks, pallet trucks, pallet stackers, very narrow aisle trucks, reach trucks, order pickers, tow tractors, logistic trains, and automated trucks.
MITSUBISHI HEAVY INDUSTRIES, LTD
MITSUBISHI HEAVY INDUSTRIES, LTD has headquartered in Tokyo, Japan; the company provides internal combustion cushion tire lift truck, internal combustion pneumatic tire lift trucks, AC electric rider lift trucks, AC electric pallet trucks, AC electric tow tractor, electric walkie stackers, AC electric reach trucks, AGVs, hand pallet trucks.
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Succinct Description of the Market:
Each segment of the report reveals some significant information with respect to the Global Autonomous Forklifts Market that could be later used to ensure that the market thrives in the forecast period. By utilizing the essential and optional research procedures, our scientists and examiners have distinguished the shrouded business openings related to the market, aside from social occasion critical experiences of the key players.
Product Launches
- In July, 2019, Godrej Material Handling (India) launched Godrej RenTRUST product which is a rental brand that offers 360-degree solutions to the customers encompassing manpower, maintenance, fuel and machine. This would help the company to offer material handling equipment rental solutions in India
- In June, 2019 Clark announced that the company has launched new HWXE (walkie/rider) and PWXE (walkie) products, this new product manage all types of material handling. After launching the product the company enhanced their product portfolio of material handling equipment
- In June 2019, Hangcha announced that they have launched XF Series Cushion Tire Forklift Truck, which has capacity of 10000lb. After launching this product the company enhanced their product portfolio
Market Segments:
Global Autonomous Forklifts Market By Type (Electric Motor Rider Forklifts, Electric Motor Narrow Aisle Forklifts, Electric Pallet Jacks, Stackers, and Tow Tractors, Internal Combustion Cushion Tire Forklifts, Internal Combustion Pneumatic Tire Forklifts, Electric/IC Engine Tow Tractors, Rough Terrain Forklift Trucks), Level of Automation (Level 1, Level 2, Level 3, Level 4, Level 5), Tonnage (Below 5 Tons, 5-10 Tons, More Than 10 Tons), Component (Hardware, Software, Service), Sales Channel(In-House Purchase, Leasing), Function(Manufacturing, Warehousing, Material Handling, Logistics & Freight, Others), End-Users(Transportation & Logistics, Manufacturing, Paper Industry, Wood Industry, Construction, Automotive, Food and Beverages, Retail, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 ;
Strategic Points Covered in Table of Content of Autonomous Forklifts Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research
Chapter 2: Exclusive Summary – the basic information of the Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Autonomous Forklifts
Chapter 4: Presenting Ovarian Cancer Drug Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of market
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Drivers: Global Autonomous Forklifts Market
- Growth in the logistics industry
- Increase in the technological advancement
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Restraints:
- High production and maintenance cost
- Stringent safety regulations
Opportunity:
- Continuous strategic initiatives for business expansion
CHALLENGE:
- Fluctuating price of components and raw materials
Market Trends
Global autonomous forklifts market is segmented into seven notable segments which are based on the basis of type, level of automation, tonnage, component, sales channel, function and end-user.
Reasons to Buy
- To gain insightful analyses of the Autonomous Forklifts market and have comprehensive understanding of the global market and its commercial landscape.
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- To understand the most affecting driving and restraining forces in the Autonomous Forklifts market and its impact in the global market.
- Learn about the market policies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the Autonomous Forklifts market.
Strategic factors covered in the Report
- Presenting the global market by regions, market share and with revenue and sales for the projected period.
- Displays the competitive nature among key manufactures, with the market share, revenue and sales.
- Introduction, market driving force product scope, market risk, market overview and market opportunities of the global market.
- Evaluates the market by segments by countries and by manufactures with revenue share and sales by key countries in these various regions.
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