Market Overview:
The global forklift pedestrian warning system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety in industrial and warehouse applications. The RFID-based forklift pedestrian warning system segment is expected to dominate the market during the forecast period, owing to its low installation and maintenance cost as compared to other systems.
Product Definition:
A Forklift Pedestrian Warning System is a device that emits an audible warning to pedestrians and operators of other forklifts in the vicinity when a forklift is traveling in reverse. The purpose of the system is to prevent accidents between forklifts and pedestrians or other forklifts.
RFID Based:
RFID-based forklift pedestrian warning system is a new type of safety solution that uses Radio Frequency Identification (RFID) tags to provide warnings to pedestrians. The product is currently used in various industries such as manufacturing, warehousing and transportation. It helps in alerting the workers while moving the heavy material within the facility or warehouse with their forklifts.
UWB Based:
UWB based forklift pedestrian warning system is a new safety feature being incorporated in many workplaces across the world. It is designed to alert pedestrians and provide them enough time to move out of the way before a vehicle drives past. The system works by generating short, high-intensity ultrasound beams that are directed towards the ground and then measuring the time taken for the sound waves to travel through the air until they reach an object.
Application Insights:
The retail warehouse segment led the market and accounted for more than a 23% share of the global revenue in 2017. The growing e-commerce industry has resulted in an increased need for storage facilities, which has subsequently driven up demand for pedestrians warning systems at warehouses. These systems help avoid accidents during night shift as well as prevent employee injuries by providing early warning beeps and lights when it is safe to cross paths.
The industrial warehouse segment is expected to witness significant growth over the forecast period owing to increasing demand from manufacturers across the globe. The logistics sector also holds promising growth opportunities due to its rapid expansion over recent years, especially in developing regions such as Asia Pacific and Latin America where governments are promoting investments through favorable policies regarding corporate income tax rates, interest subsidies on foreign loans, etc.
Regional Analysis:
North America dominated the market in terms of revenue share in 2017. The region is expected to maintain its position during the forecast period owing to increasing adoption of automation and emerging technologies across various industries. Moreover, growing e-commerce activities are further anticipated to drive demand for RFID systems and UWB sensors over the next eight years.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due high growth in manufacturing facilities, logistics centers, retail warehouses as well as other commercial spaces across countries such as China, India Japan among others.
Growth Factors:
- Increasing demand for forklift pedestrian warning system in the automotive and logistics industry for improving safety of workers.
- Growing awareness about the benefits of using forklift pedestrian warning system among end-users, which is expected to boost the market growth during the forecast period.
- Technological advancements in forklift pedestrian warning systems that offer enhanced features and performance are projected to fuel market growth over the next few years.
- Rising demand for automated material handling solutions across various industries is anticipated to create new opportunities for Forklift Pedestrian Warning System market players in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Forklift Pedestrian Warning System Market Research Report
By Type
RFID Based, UWB Based
By Application
Retail Warehouse, Industrial Warehouse, Logistics, Others
By Companies
Claitec, OnGrade, Ame Safety & Security, Zonesafe, ELOKON, Sudden Servic, ARIN Technologies
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Forklift Pedestrian Warning System Market Report Segments:
The global Forklift Pedestrian Warning System market is segmented on the basis of:
Types
RFID Based, UWB Based
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
Retail Warehouse, Industrial Warehouse, Logistics, 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:
- Claitec
- OnGrade
- Ame Safety & Security
- Zonesafe
- ELOKON
- Sudden Servic
- ARIN Technologies
Highlights of The Forklift Pedestrian Warning System 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:
- RFID Based
- UWB Based
- By Application:
- Retail Warehouse
- Industrial Warehouse
- Logistics
- 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 Forklift Pedestrian Warning System 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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- Correctly Positioning New Products
- Market Entry Strategies
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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?
A forklift pedestrian warning system is a safety device that warns pedestrians when a forklift is approaching. The system uses audible and visual signals to notify pedestrians of the presence of the forklift.
Some of the key players operating in the forklift pedestrian warning system market are Claitec, OnGrade, Ame Safety & Security, Zonesafe, ELOKON, Sudden Servic, ARIN Technologies.
The forklift pedestrian warning system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Forklift Pedestrian Warning System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Forklift Pedestrian Warning System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Forklift Pedestrian Warning System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Forklift Pedestrian Warning System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Forklift Pedestrian Warning System Market Size & Forecast, 2018-2028
4.5.1 Forklift Pedestrian Warning System Market Size and Y-o-Y Growth
4.5.2 Forklift Pedestrian Warning System Market Absolute $ Opportunity
Chapter 5 Global Forklift Pedestrian Warning System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Forklift Pedestrian Warning System Market Size Forecast by Type
5.2.1 RFID Based
5.2.2 UWB Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Forklift Pedestrian Warning System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Forklift Pedestrian Warning System Market Size Forecast by Applications
6.2.1 Retail Warehouse
6.2.2 Industrial Warehouse
6.2.3 Logistics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Forklift Pedestrian Warning System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Forklift Pedestrian Warning System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Forklift Pedestrian Warning System Analysis and Forecast
9.1 Introduction
9.2 North America Forklift Pedestrian Warning System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Forklift Pedestrian Warning System Market Size Forecast by Type
9.6.1 RFID Based
9.6.2 UWB Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Forklift Pedestrian Warning System Market Size Forecast by Applications
9.10.1 Retail Warehouse
9.10.2 Industrial Warehouse
9.10.3 Logistics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Forklift Pedestrian Warning System Analysis and Forecast
10.1 Introduction
10.2 Europe Forklift Pedestrian Warning System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Forklift Pedestrian Warning System Market Size Forecast by Type
10.6.1 RFID Based
10.6.2 UWB Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Forklift Pedestrian Warning System Market Size Forecast by Applications
10.10.1 Retail Warehouse
10.10.2 Industrial Warehouse
10.10.3 Logistics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Forklift Pedestrian Warning System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Forklift Pedestrian Warning System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Forklift Pedestrian Warning System Market Size Forecast by Type
11.6.1 RFID Based
11.6.2 UWB Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Forklift Pedestrian Warning System Market Size Forecast by Applications
11.10.1 Retail Warehouse
11.10.2 Industrial Warehouse
11.10.3 Logistics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Forklift Pedestrian Warning System Analysis and Forecast
12.1 Introduction
12.2 Latin America Forklift Pedestrian Warning System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Forklift Pedestrian Warning System Market Size Forecast by Type
12.6.1 RFID Based
12.6.2 UWB Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Forklift Pedestrian Warning System Market Size Forecast by Applications
12.10.1 Retail Warehouse
12.10.2 Industrial Warehouse
12.10.3 Logistics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Forklift Pedestrian Warning System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Forklift Pedestrian Warning System Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Forklift Pedestrian Warning System Market Size Forecast by Type
13.6.1 RFID Based
13.6.2 UWB Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Forklift Pedestrian Warning System Market Size Forecast by Applications
13.10.1 Retail Warehouse
13.10.2 Industrial Warehouse
13.10.3 Logistics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Forklift Pedestrian Warning System Market: Competitive Dashboard
14.2 Global Forklift Pedestrian Warning System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Claitec
14.3.2 OnGrade
14.3.3 Ame Safety & Security
14.3.4 Zonesafe
14.3.5 ELOKON
14.3.6 Sudden Servic
14.3.7 ARIN Technologies
