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Autonomous Forklift Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company’s Autonomous Forklift Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026
LONDON, GREATER LONDON, UK, September 14, 2022 /EINPresswire.com/ -- According to ‘Autonomous Forklift Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the autonomous forklift market size is expected to grow to $8.26 billion in 2026 at a CAGR of 9.1%. The increasing demand for automated warehouses is expected to drive the autonomous forklift market growth going forward.
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The autonomous forklift market consists of sales of autonomous forklift products by entities (organizations, sole traders, and partnerships) that are used for automating the materials handling process in warehouses. Autonomous forklifts are driverless forklifts that utilize automated guided vehicles and systems technology. These forklifts can be used for various operations such as lifting, transporting, putting away, or carrying loads in warehouses and other locations. In addition, this equipment reduces operating costs and improves work efficiency in warehouses.
Global Autonomous Forklift Market Trends New product innovation is one of the key autonomous forklift market trends gaining popularity. Major companies operating in the autonomous forklift market are focused on developing technologically advanced products to strengthen their market position. For instance, in March 2022, OTTO Motors, a US-based self-driving technology company, introduced the OTTO Lifter, the smartest autonomous forklift on the market. This new technology is designed to automatically pick up and drop off pallets. In complex contexts, the OTTO Lifter can make real-time decisions and can find a pallet if it is tilted, modify behavior in extremely dynamic surroundings, and determine the optimal route on its own, unlike other autonomous forklifts on the market. The OTTO Lifter smoothly navigates traffic and obstacles with dynamic path planning, lane tending, intelligent pallet detection, and stretch-wrap piercing to deliver products to the right place, at the right time.
Global Autonomous Forklift Market Segments The global autonomous forklift market is segmented:
By Component: Hardware, Software, Service
By Navigation Technology: Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Optical Tape Guidance, Others
By Application: Manufacturing, Warehousing, Material handling, Logistics and Freight, Others
By Geography: The global autonomous forklift market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global autonomous forklift market report here https://www.thebusinessresearchcompany.com/report/autonomous-forklift-global-market-report
Autonomous Forklift Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides autonomous forklift global market overview, analyzes and forecasts market size and growth for the autonomous forklift global market, autonomous forklift global market share, autonomous forklift global market segments and geographies, autonomous forklift market players, autonomous forklift market leading competitor revenues, profiles and market shares. The market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Autonomous Forklift Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Hangcha Group Co, Hyster-Yale Material Handling Inc, Jungheinrich AG, KAUP GmbH & Co, Linde Material Handling, Toyota Industries Corporation, Komatsu Ltd, Crown Equipment Corporation, Doosan Corporation, Mitsubishi Logisnext Co Ltd, CLARK, Combilift Material Handling Solutions, OTTO Motors, Balyo Robotic, Agilox Services GMBH, STILL GmbH, ONECRANES, Manitou Group, Lonking Machinery Co. Ltd., Hyundai Heavy Industries Group, Anhui Heli Co., and Anhui Yufeng Equipment Co.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. And so much more.
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About The Business Research Company? The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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