PUBLISHER: Allied Market Research | PRODUCT CODE: 1266389
PUBLISHER: Allied Market Research | PRODUCT CODE: 1266389
The integration of electronics, IoT, communication systems, and others, will reduce human intervention in machines. Autonomous forklifts are one of the innovations that can load, unload and transport goods without human intervention. In addition, forklifts can be independently maneuvered within warehouses and transport heavy loads without damage. Autonomous forklifts are equipped with cameras and sensors that provide information about their operation. Also, automatic forklifts operate according to programs loaded in software. Due to such benefits offered by autonomous forklifts, factory owners are increasingly procuring autonomous forklifts for transporting goods, which creates ample opportunities for the growth of the market across the globe.
The autonomous forklift market is segmented into tonnage, navigation technology, end-use, application and region. By tonnage, the market is classified into below 5 Tons, 5-10 Tons, and above 10 Tons. On the basis of navigation technology, it is segregated into laser, vision, optical tape, magnetic and inductive guidance. Depending on end-use, it is bifurcated into retail & wholesale, logistics, automotive, food industry and others. By application, the market is classified into indoor and outdoor. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include: Agilox Services GmbH, Balyo, Hyster-Yale Materials Handling, Hyundai Construction Equipment Co., Ltd., Jungheinrich AG, KION Group AG, Mitsubishi Logisnext Co., Ltd., Oceaengineering International, Inc., Swisslog AG, and Toyota Industries Corporation.