Market Overview:
The global laser navigation automatic forklift market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automated material handling solutions in warehouses and distribution centers, rising labor costs, and the growing trend of Industry 4.0 across various industries. Based on type, the global laser navigation automatic forklift market is segmented into load ≤ 1 ton, 1 ton 2.5 tons segments.
Product Definition:
A laser navigation automatic forklift is a forklift that uses lasers to guide it to its destination. This is important because it ensures that the forklift will not run into any obstacles and helps to keep it on track.
Load ≤ 1 Ton:
The global load ≤ 1 ton, it's usage and growth factor in the laser navigation automatic forklift market size was valued at USD 3.5 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to increasing demand for automation in warehouse operations coupled with growing need for material handling equipment with improved productivity and quality of output.
1 Ton
1 ton means that the total weight of material handled by the forklift truck or lift truck must not exceed 1 ton. If the load is more than 1 ton, then it is considered as a 2.5-ton load and so on until we reach 5-ton loads which are called heavy commercial vehicles and can be used for handling bulk materials like concrete, dirt, etc.
Application Insights:
The manufacturing segment dominated the global market in 2017. The growth of this application can be attributed to increasing demand for industrial robots and rising production of consumer goods. Moreover, the growing electronics industry across the globe is expected to boost product demand over the next few years.
The logistics segment accounted for a significant share in 2017 and is expected to grow at a steady growth rate over the forecast period owing to rapid urbanization along with changing consumption patterns of consumers worldwide. Furthermore, technological advancements such as smart cities project are likely to propel investments by various governments resulting in increased spending on infrastructure projects which will further fuel product demand during future phases of development.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments in manufacturing and logistics facilities, which will drive demand for laser navigation automatic forklifts. Furthermore, rising disposable income coupled with growing population will spur demand for consumer goods such as smartphones, tablets, personal computers (PCs), etc., thereby driving sales volume of retail stores. This scenario is likely to generate significant demand for automated material handling equipment including laser-guided forklifts over the next eight years.
North America accounted for a significant share owing to early adoption of advanced technologies by companies operating in this region such as Walmart Inc.; Kroger; Target Corporation; Whole Foods Market; Chipotle Mexican Grill Inc.; Panera Bread Co.; among others. Moreover, presence of prominent manufacturers such as LiftSystems GmbH & Co., Daimler AG; Kistler Instrumente AG & Co.
Growth Factors:
- Increasing demand for automated material handling systems in warehouses and distribution centers
- Rising adoption of laser navigation technology in forklifts
- Growing popularity of laser-guided vehicles for indoor and outdoor applications
- Proliferation of automated guided vehicles (AGVs) in manufacturing and logistics industries
- Emerging applications of laser navigation technology in construction, mining, and other industrial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Navigation Automatic Forklift Market Research Report
By Type
Load ≤ 1 Ton, 1 Ton 2.5 Tons
By Application
Logistics, Manufacturing, Wholesale and Retail
By Companies
Toyota, Mitsubishi Heavy Industries, Crown, DS Automotion GmbH, BALYO, Scott Transbotics, Jungheinrich, KION, Hyundai Construction Equipment, Meidensha, Yonegy, Suzhou ROBESTAGV Co.,Ltd, HANGCHA, Machinery Technology Development Co. Ltd. (MTD), Guangdong Jaten Robot & Automation Co.,Ltd
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Laser Navigation Automatic Forklift Market Report Segments:
The global Laser Navigation Automatic Forklift market is segmented on the basis of:
Types
Load ≤ 1 Ton, 1 Ton 2.5 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
Logistics, Manufacturing, Wholesale and Retail
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:
- Toyota
- Mitsubishi Heavy Industries
- Crown
- DS Automotion GmbH
- BALYO
- Scott Transbotics
- Jungheinrich
- KION
- Hyundai Construction Equipment
- Meidensha
- Yonegy
- Suzhou ROBESTAGV Co.,Ltd
- HANGCHA
- Machinery Technology Development Co. Ltd. (MTD)
- Guangdong Jaten Robot & Automation Co.,Ltd
Highlights of The Laser Navigation Automatic Forklift 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 ≤ 1 Ton
- 1 Ton
- Load> 2.5 Tons
- By Application:
- Logistics
- Manufacturing
- Wholesale and Retail
- 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 Laser Navigation Automatic Forklift 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
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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?
Laser Navigation Automatic Forklift is a forklift that uses lasers to navigate. This technology allows the forklift to move around obstacles and avoid collisions, making it safer for both operators and customers.
Some of the major companies in the laser navigation automatic forklift market are Toyota, Mitsubishi Heavy Industries, Crown, DS Automotion GmbH, BALYO, Scott Transbotics, Jungheinrich, KION, Hyundai Construction Equipment, Meidensha, Yonegy, Suzhou ROBESTAGV Co.,Ltd, HANGCHA, Machinery Technology Development Co. Ltd. (MTD), Guangdong Jaten Robot & Automation Co.,Ltd.
The laser navigation automatic forklift market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size & Forecast, 2018-2028
4.5.1 Laser Navigation Automatic Forklift Market Size and Y-o-Y Growth
4.5.2 Laser Navigation Automatic Forklift Market Absolute $ Opportunity
Chapter 5 Global Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Type
5.2.1 Load ≤ 1 Ton
5.2.2 1 Ton 5.2.3 Load> 2.5 Tons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Applications
6.2.1 Logistics
6.2.2 Manufacturing
6.2.3 Wholesale and Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Analysis and Forecast
9.1 Introduction
9.2 North America Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Type
9.6.1 Load ≤ 1 Ton
9.6.2 1 Ton 9.6.3 Load> 2.5 Tons
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 Laser Navigation Automatic Forklift Market Size Forecast by Applications
9.10.1 Logistics
9.10.2 Manufacturing
9.10.3 Wholesale and Retail
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 Laser Navigation Automatic Forklift Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Type
10.6.1 Load ≤ 1 Ton
10.6.2 1 Ton 10.6.3 Load> 2.5 Tons
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 Laser Navigation Automatic Forklift Market Size Forecast by Applications
10.10.1 Logistics
10.10.2 Manufacturing
10.10.3 Wholesale and Retail
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 Laser Navigation Automatic Forklift Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Type
11.6.1 Load ≤ 1 Ton
11.6.2 1 Ton 11.6.3 Load> 2.5 Tons
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 Laser Navigation Automatic Forklift Market Size Forecast by Applications
11.10.1 Logistics
11.10.2 Manufacturing
11.10.3 Wholesale and Retail
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 Laser Navigation Automatic Forklift Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Navigation Automatic Forklift 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 Laser Navigation Automatic Forklift Market Size Forecast by Type
12.6.1 Load ≤ 1 Ton
12.6.2 1 Ton 12.6.3 Load> 2.5 Tons
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 Laser Navigation Automatic Forklift Market Size Forecast by Applications
12.10.1 Logistics
12.10.2 Manufacturing
12.10.3 Wholesale and Retail
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) Laser Navigation Automatic Forklift Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Navigation Automatic Forklift 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) Laser Navigation Automatic Forklift Market Size Forecast by Type
13.6.1 Load ≤ 1 Ton
13.6.2 1 Ton 13.6.3 Load> 2.5 Tons
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) Laser Navigation Automatic Forklift Market Size Forecast by Applications
13.10.1 Logistics
13.10.2 Manufacturing
13.10.3 Wholesale and Retail
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 Laser Navigation Automatic Forklift Market: Competitive Dashboard
14.2 Global Laser Navigation Automatic Forklift Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyota
14.3.2 Mitsubishi Heavy Industries
14.3.3 Crown
14.3.4 DS Automotion GmbH
14.3.5 BALYO
14.3.6 Scott Transbotics
14.3.7 Jungheinrich
14.3.8 KION
14.3.9 Hyundai Construction Equipment
14.3.10 Meidensha
14.3.11 Yonegy
14.3.12 Suzhou ROBESTAGV Co.,Ltd
14.3.13 HANGCHA
14.3.14 Machinery Technology Development Co. Ltd. (MTD)
14.3.15 Guangdong Jaten Robot & Automation Co.,Ltd
