Market Overview:
The global autonomous pallet trucks market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for autonomous pallet trucks in factories, warehouses, supermarkets, and other applications. In terms of type, the load capacity 1 ton segment is expected to hold the largest share of the global autonomous pallet trucks market during the forecast period. This can be attributed to its low cost and easy operability. In terms of application, factories are expected to hold the largest share of the global autonomous pallet trucks market duringthe forecast period.
Product Definition:
An autonomous pallet truck is a type of industrial robot that can be used to move pallets around a warehouse or factory. These trucks are important because they can automate the process of moving pallets, which can improve efficiency and productivity in a workplace.
Load Capacity, 1 Ton:
The load capacity of a truck is the maximum weight of goods it can carry. It is measured in terms of force or torque that a vehicle can generate. The load capacity varies with respect to different types of trucks such as tippers, forklifts, and pallet trucks among others.
In autonomous pallet trucks market, 1 ton load capacity means the minimum weight that an autonomous truck must be able to lift by itself using its own internal sensors.
Load Capacity, 2 Tons:
The load capacity, 2 tons and it's usage in autonomous pallet trucks market is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing demand for material handling equipment across various industries such as automotive, food & beverages, consumer goods packaging among others. In addition, factors such as rising awareness regarding employee safety at workplaces coupled with stringent regulations pertaining to workplace safety are anticipated to further drive the demand for LCEs over the forecast period.
Application Insights:
Factories were the largest application segment in 2017 and will continue to be the dominant segment over the forecast period. The autonomous pallet trucks are widely used in factories, warehouses and distribution centers for material handling. The growing industrial sector is expected to remain a key factor driving demand for autonomous pallet trucks over the forecast period.
The warehousing segment is anticipated to witness significant growth over the coming years owing to rising e-commerce activities, which has resulted in an increased need for efficient warehouse solutions with improved accuracy while calculating storage space utilization. Moreover, increasing investments by companies such as Amazon., Inc., Walmart Inc., and others have resulted in an increased number of distribution centers across regions resulting in high demand for self-driving vehicles at these locations. This trend is expected to drive market growth during future phases of analysis.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in automation, rising adoption of electric trucks, and favorable government regulations across countries such as China, India, Japan, South Korea. For instance; In April 2018; Chinese Government announced about ‘National Plan on Modern Logistics’ which includes plans for deploying 100 thousand automated guided vehicles by 2020 throughout the country. Such developments are anticipated to propel market growth over the coming years.
Growth Factors:
- Increasing demand for pallet trucks from the e-commerce sector
- Rising demand for pallet trucks from the food and beverage industry
- Growing popularity of automated warehouses and distribution centers
- Proliferation of small and medium-sized businesses (SMBs)
- Technological advancements in autonomous pallet truck systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Autonomous Pallet Trucks Market Research Report
By Type
Load Capacity, 1 Ton, Load Capacity, 2 Tons, Load Capacity, 3 Tons, Load Capacity, 4 Tons, Load Capacity, 5 Tons, Load Capacity, 5-10 Tons, Load Capacity, Above10 Tons
By Application
Factories, Warehouses, Supermarkets, Others
By Companies
Linde Material Handling, Toyota, Seegrid, The Raymond Corporation, ZF Friedrichshafen AG, RoboCV, OTTO (Clearpath Robotics, Inc), Hyundai, Strobe, Hyster-Yale Group, Rocla, Stocklin, Vecna
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Autonomous Pallet Trucks Market Report Segments:
The global Autonomous Pallet Trucks market is segmented on the basis of:
Types
Load Capacity, 1 Ton, Load Capacity, 2 Tons, Load Capacity, 3 Tons, Load Capacity, 4 Tons, Load Capacity, 5 Tons, Load Capacity, 5-10 Tons, Load Capacity, Above10 Tons
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Factories, Warehouses, Supermarkets, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Linde Material Handling
- Toyota
- Seegrid
- The Raymond Corporation
- ZF Friedrichshafen AG
- RoboCV
- OTTO (Clearpath Robotics, Inc)
- Hyundai
- Strobe
- Hyster-Yale Group
- Rocla
- Stocklin
- Vecna
Highlights of The Autonomous Pallet Trucks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Load Capacity, 1 Ton
- Load Capacity, 2 Tons
- Load Capacity, 3 Tons
- Load Capacity, 4 Tons
- Load Capacity, 5 Tons
- Load Capacity, 5-10 Tons
- Load Capacity, Above10 Tons
- By Application:
- Factories
- Warehouses
- Supermarkets
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Autonomous Pallet Trucks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Autonomous Pallet Trucks are self-driving trucks that use sensors and software to navigate their surroundings. They can autonomously transport goods using a variety of shipping methods, including containerized cargo, flatbeds, and trailers.
Some of the major companies in the autonomous pallet trucks market are Linde Material Handling, Toyota, Seegrid, The Raymond Corporation, ZF Friedrichshafen AG, RoboCV, OTTO (Clearpath Robotics, Inc), Hyundai, Strobe, Hyster-Yale Group, Rocla, Stocklin, Vecna.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Autonomous Pallet Trucks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Autonomous Pallet Trucks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Autonomous Pallet Trucks Market - Supply Chain
4.5. Global Autonomous Pallet Trucks Market Forecast
4.5.1. Autonomous Pallet Trucks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Autonomous Pallet Trucks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Autonomous Pallet Trucks Market Absolute $ Opportunity
5. Global Autonomous Pallet Trucks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Autonomous Pallet Trucks Market Size and Volume Forecast by Type
5.3.1. Load Capacity, 1 Ton
5.3.2. Load Capacity, 2 Tons
5.3.3. Load Capacity, 3 Tons
5.3.4. Load Capacity, 4 Tons
5.3.5. Load Capacity, 5 Tons
5.3.6. Load Capacity, 5-10 Tons
5.3.7. Load Capacity, Above10 Tons
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Autonomous Pallet Trucks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Autonomous Pallet Trucks Market Size and Volume Forecast by Application
6.3.1. Factories
6.3.2. Warehouses
6.3.3. Supermarkets
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Autonomous Pallet Trucks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Autonomous Pallet Trucks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Autonomous Pallet Trucks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Autonomous Pallet Trucks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Autonomous Pallet Trucks Demand Share Forecast, 2019-2026
9. North America Autonomous Pallet Trucks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Autonomous Pallet Trucks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Autonomous Pallet Trucks Market Size and Volume Forecast by Application
9.4.1. Factories
9.4.2. Warehouses
9.4.3. Supermarkets
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Autonomous Pallet Trucks Market Size and Volume Forecast by Type
9.7.1. Load Capacity, 1 Ton
9.7.2. Load Capacity, 2 Tons
9.7.3. Load Capacity, 3 Tons
9.7.4. Load Capacity, 4 Tons
9.7.5. Load Capacity, 5 Tons
9.7.6. Load Capacity, 5-10 Tons
9.7.7. Load Capacity, Above10 Tons
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Autonomous Pallet Trucks Demand Share Forecast, 2019-2026
10. Latin America Autonomous Pallet Trucks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Autonomous Pallet Trucks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Autonomous Pallet Trucks Market Size and Volume Forecast by Application
10.4.1. Factories
10.4.2. Warehouses
10.4.3. Supermarkets
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Autonomous Pallet Trucks Market Size and Volume Forecast by Type
10.7.1. Load Capacity, 1 Ton
10.7.2. Load Capacity, 2 Tons
10.7.3. Load Capacity, 3 Tons
10.7.4. Load Capacity, 4 Tons
10.7.5. Load Capacity, 5 Tons
10.7.6. Load Capacity, 5-10 Tons
10.7.7. Load Capacity, Above10 Tons
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Autonomous Pallet Trucks Demand Share Forecast, 2019-2026
11. Europe Autonomous Pallet Trucks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Autonomous Pallet Trucks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Autonomous Pallet Trucks Market Size and Volume Forecast by Application
11.4.1. Factories
11.4.2. Warehouses
11.4.3. Supermarkets
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Autonomous Pallet Trucks Market Size and Volume Forecast by Type
11.7.1. Load Capacity, 1 Ton
11.7.2. Load Capacity, 2 Tons
11.7.3. Load Capacity, 3 Tons
11.7.4. Load Capacity, 4 Tons
11.7.5. Load Capacity, 5 Tons
11.7.6. Load Capacity, 5-10 Tons
11.7.7. Load Capacity, Above10 Tons
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Autonomous Pallet Trucks Demand Share, 2019-2026
12. Asia Pacific Autonomous Pallet Trucks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Autonomous Pallet Trucks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Autonomous Pallet Trucks Market Size and Volume Forecast by Application
12.4.1. Factories
12.4.2. Warehouses
12.4.3. Supermarkets
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Autonomous Pallet Trucks Market Size and Volume Forecast by Type
12.7.1. Load Capacity, 1 Ton
12.7.2. Load Capacity, 2 Tons
12.7.3. Load Capacity, 3 Tons
12.7.4. Load Capacity, 4 Tons
12.7.5. Load Capacity, 5 Tons
12.7.6. Load Capacity, 5-10 Tons
12.7.7. Load Capacity, Above10 Tons
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Autonomous Pallet Trucks Demand Share, 2019-2026
13. Middle East & Africa Autonomous Pallet Trucks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Autonomous Pallet Trucks Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Autonomous Pallet Trucks Market Size and Volume Forecast by Application
13.4.1. Factories
13.4.2. Warehouses
13.4.3. Supermarkets
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Autonomous Pallet Trucks Market Size and Volume Forecast by Type
13.7.1. Load Capacity, 1 Ton
13.7.2. Load Capacity, 2 Tons
13.7.3. Load Capacity, 3 Tons
13.7.4. Load Capacity, 4 Tons
13.7.5. Load Capacity, 5 Tons
13.7.6. Load Capacity, 5-10 Tons
13.7.7. Load Capacity, Above10 Tons
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Autonomous Pallet Trucks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Autonomous Pallet Trucks Market: Market Share Analysis
14.2. Autonomous Pallet Trucks Distributors and Customers
14.3. Autonomous Pallet Trucks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Linde Material Handling
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toyota
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Seegrid
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Raymond Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ZF Friedrichshafen AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RoboCV
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OTTO (Clearpath Robotics, Inc)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hyundai
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Strobe
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hyster-Yale Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rocla
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Stocklin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Vecna
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook