Market Overview:
The global forklift sensors and cameras market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for forklifts in various industries such as construction, warehouse & logistics, automotive, and others. Forklift sensors are used for detecting obstacles in the path of the forklift and for avoiding collisions. Forklift cameras are used for viewing objects or areas that are not visible from the driver’s seat. Based on type, the global forklift sensors and cameras market is segmented into sensors and cameras. The sensor segment is further sub-segmented into ultrasonic sensor, laser sensor, infrared sensor, magnetic sensor, wheel speed sensor (WSS), proximity switch (PS), tilt switch (TS), load cell/weight transducer (WC) among others while camera segment is further sub-segmented into color camera system unit (CCSU), black & white camera system unit(B&W CCSU) among others.
Product Definition:
Forklift sensors and cameras are important for several reasons. First, they help to ensure the safety of workers by providing a view of what is in front of the forklift. This helps to avoid collisions with people or other objects. Forklift sensors can also help operators to see if there is anything blocking their path, which could cause them to lose control of the vehicle. Finally, forklift cameras can be used for security purposes such as monitoring loading and unloading operations.
Sensors:
Sensors are devices that detect and measure physical parameters, for instance, temperature, pressure or position. They are used in various industries such as automotive & transportation and manufacturing. Sensors have replaced mechanical systems in recent years owing to their ability to provide accurate data with less human intervention.
Cameras:
Cameras and their usage in forklift sensors are used to detect the proximity of objects. They are widely used in warehouse automation for detecting pallets, cases, and other products stored on shelves. The images captured by these devices are processed by computer software that detects the presence or absence of objects using image processing techniques.
Application Insights:
The construction segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to an increase in demand for construction materials such as steel, cement, and wood across various regions. Moreover, a rise in residential & commercial constructions across countries such as India, China, U.K., Germany and the U.S., is expected to drive product demand over the forecast period.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of prominent players such as ABB; Fanuc; and Hyundai Heavy Industries. The region is expected to maintain its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing automation in industries such as construction, warehousing & logistics, and others across North America due to technological advancements coupled with stringent government regulations regarding employee safety standards are some factors responsible for this growth trend observed in various countries including U.S., Canada, and Mexico among others.
Asia Pacific is anticipated to witness significant growth over the forecast period owing rising demand for industrial robots used predominantly in manufacturing facilities that require lifting devices for material handling applications along with warehouses & logistics centers that use forklifts for efficient transportation of materials within facilities or between them thereby boosting product adoption rates across several industry verticals including automotive, consumer goods distribution centers (warehouse), etc.).
Growth Factors:
- Increasing demand for forklift sensors and cameras in the automotive industry for material handling and safety purposes.
- Growing popularity of forklift sensors and cameras among small-scale businesses due to their low cost and easy installation.
- Rising demand for forklift sensors and cameras from the logistics sector to improve warehouse efficiency.
- Proliferation of automated warehouses, which are increasingly using forklift sensors and cameras for inventory management purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Forklift Sensors and Cameras Market Research Report
By Type
Sensors, Cameras
By Application
Construction, Warehouse & Logistics, Automotive, Others
By Companies
Pepperl Fuchs, Flexco Industries, LeddarTech, Cisco, Holland Vision Systems, TVH, Orlaco, Linde Material Handling, Pepperl + Fuchs, Lintech Enterprises
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Forklift Sensors and Cameras Market Report Segments:
The global Forklift Sensors and Cameras market is segmented on the basis of:
Types
Sensors, Cameras
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
Construction, Warehouse & Logistics, Automotive, 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:
- Pepperl Fuchs
- Flexco Industries
- LeddarTech
- Cisco
- Holland Vision Systems
- TVH
- Orlaco
- Linde Material Handling
- Pepperl + Fuchs
- Lintech Enterprises
Highlights of The Forklift Sensors and Cameras 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:
- Sensors
- Cameras
- By Application:
- Construction
- Warehouse & Logistics
- Automotive
- 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 Sensors and Cameras 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Forklift sensors and cameras are devices that are used to detect objects that are near the forklift, such as people or other equipment. This information can then be used to prevent accidents or help operators operate the forklift safely.
Some of the major players in the forklift sensors and cameras market are Pepperl Fuchs, Flexco Industries, LeddarTech, Cisco, Holland Vision Systems, TVH, Orlaco, Linde Material Handling, Pepperl + Fuchs, Lintech Enterprises.
The forklift sensors and cameras market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Forklift Sensors and Cameras 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 Sensors and Cameras Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Forklift Sensors and Cameras 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 Sensors and Cameras 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 Sensors and Cameras Market Size & Forecast, 2018-2028
4.5.1 Forklift Sensors and Cameras Market Size and Y-o-Y Growth
4.5.2 Forklift Sensors and Cameras Market Absolute $ Opportunity
Chapter 5 Global Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
5.2.1 Sensors
5.2.2 Cameras
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Warehouse & Logistics
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Forklift Sensors and Cameras 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 Sensors and Cameras 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 Sensors and Cameras Analysis and Forecast
9.1 Introduction
9.2 North America Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
9.6.1 Sensors
9.6.2 Cameras
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 Sensors and Cameras Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Warehouse & Logistics
9.10.3 Automotive
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 Sensors and Cameras Analysis and Forecast
10.1 Introduction
10.2 Europe Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
10.6.1 Sensors
10.6.2 Cameras
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 Sensors and Cameras Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Warehouse & Logistics
10.10.3 Automotive
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 Sensors and Cameras Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
11.6.1 Sensors
11.6.2 Cameras
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 Sensors and Cameras Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Warehouse & Logistics
11.10.3 Automotive
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 Sensors and Cameras Analysis and Forecast
12.1 Introduction
12.2 Latin America Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
12.6.1 Sensors
12.6.2 Cameras
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 Sensors and Cameras Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Warehouse & Logistics
12.10.3 Automotive
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 Sensors and Cameras Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Forklift Sensors and Cameras 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 Sensors and Cameras Market Size Forecast by Type
13.6.1 Sensors
13.6.2 Cameras
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 Sensors and Cameras Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Warehouse & Logistics
13.10.3 Automotive
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 Sensors and Cameras Market: Competitive Dashboard
14.2 Global Forklift Sensors and Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pepperl Fuchs
14.3.2 Flexco Industries
14.3.3 LeddarTech
14.3.4 Cisco
14.3.5 Holland Vision Systems
14.3.6 TVH
14.3.7 Orlaco
14.3.8 Linde Material Handling
14.3.9 Pepperl + Fuchs
14.3.10 Lintech Enterprises
