Global Automated Forklift Truck Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Automated Forklift Truck market size was valued at US$ 5455 million in 2024 and is forecast to a readjusted size of USD 9127 million by 2031 with a CAGR of 7.7% during review period.

An Automated Forklift Truck is a type of automated guided vehicle (AGV) that can carry loads along the floor of your facility without having a driver onboard.

The global automated forklift truck market refers to the market for forklift trucks that are equipped with automation technologies to perform tasks without manual intervention. Automated forklift trucks, also known as autonomous forklifts or self-driving forklifts, are used in various industries for material handling and logistics operations.

The market for automated forklift trucks has been experiencing significant growth due to the increasing demand for efficient and cost-effective solutions in the material handling industry. Automated forklift trucks offer several advantages over conventional forklifts, including improved productivity, reduced labor costs, enhanced safety, and optimized warehouse operations.

Factors driving the growth of the global automated forklift truck market include:

Increasing adoption of automation in material handling: With advancements in technology and the rise of Industry 4.0, there is a growing trend of automation in the material handling industry. Automated forklift trucks are an integral part of automated warehouses and distribution centers, where they can efficiently move, stack, and retrieve goods without human intervention.

Need for improved operational efficiency: Automated forklift trucks offer higher operational efficiency compared to manual forklifts. They can operate continuously without breaks and can be programmed to perform repetitive tasks with high precision and accuracy. This helps in streamlining warehouse operations, reducing errors, and improving overall productivity.

Growing e-commerce industry: The rapid growth of the e-commerce industry has increased the demand for efficient logistics and warehouse operations. Automated forklift trucks play a crucial role in handling large volumes of goods and ensuring timely order fulfillment. As the e-commerce industry continues to expand globally, the demand for automated forklift trucks is expected to rise.

Focus on workplace safety: Safety is a significant concern in material handling operations. Automated forklift trucks eliminate the risk of accidents and injuries associated with manual forklift operations. These autonomous vehicles are equipped with sensors, cameras, and advanced navigation systems to detect obstacles, assess their surroundings, and navigate through the warehouse safely.

Advancements in technology: The development of advanced technologies, such as artificial intelligence, machine learning, and IoT, has significantly contributed to the growth of the automated forklift truck market. These technologies enable automated forklifts to communicate with other equipment, optimize routes, and adapt to dynamic warehouse environments.

Key players in the global automated forklift truck market include Toyota Industries Corporation, KION Group AG, Hyster-Yale Materials Handling, Inc., Jungheinrich AG, Mitsubishi Logisnext Co., Ltd., and KUKA AG, among others.

In conclusion, the global automated forklift truck market is poised for significant growth due to the increasing adoption of automation in material handling, the need for improved operational efficiency, the growth of the e-commerce industry, the focus on workplace safety, and advancements in technology. The market is expected to witness further advancements as manufacturers continue to invest in research and development to enhance the capabilities of automated forklift trucks.The global automated forklift truck market refers to the market for forklift trucks that are equipped with automation technologies to perform tasks without manual intervention. Automated forklift trucks, also known as autonomous forklifts or self-driving forklifts, are used in various industries for material handling and logistics operations.

The market for automated forklift trucks has been experiencing significant growth due to the increasing demand for efficient and cost-effective solutions in the material handling industry. Automated forklift trucks offer several advantages over conventional forklifts, including improved productivity, reduced labor costs, enhanced safety, and optimized warehouse operations.

Factors driving the growth of the global automated forklift truck market include:

Increasing adoption of automation in material handling: With advancements in technology and the rise of Industry 4.0, there is a growing trend of automation in the material handling industry. Automated forklift trucks are an integral part of automated warehouses and distribution centers, where they can efficiently move, stack, and retrieve goods without human intervention.

Need for improved operational efficiency: Automated forklift trucks offer higher operational efficiency compared to manual forklifts. They can operate continuously without breaks and can be programmed to perform repetitive tasks with high precision and accuracy. This helps in streamlining warehouse operations, reducing errors, and improving overall productivity.

Growing e-commerce industry: The rapid growth of the e-commerce industry has increased the demand for efficient logistics and warehouse operations. Automated forklift trucks play a crucial role in handling large volumes of goods and ensuring timely order fulfillment. As the e-commerce industry continues to expand globally, the demand for automated forklift trucks is expected to rise.

Focus on workplace safety: Safety is a significant concern in material handling operations. Automated forklift trucks eliminate the risk of accidents and injuries associated with manual forklift operations. These autonomous vehicles are equipped with sensors, cameras, and advanced navigation systems to detect obstacles, assess their surroundings, and navigate through the warehouse safely.

Advancements in technology: The development of advanced technologies, such as artificial intelligence, machine learning, and IoT, has significantly contributed to the growth of the automated forklift truck market. These technologies enable automated forklifts to communicate with other equipment, optimize routes, and adapt to dynamic warehouse environments.

Key players in the global automated forklift truck market include Toyota Industries Corporation, KION Group AG, Hyster-Yale Materials Handling, Inc., Jungheinrich AG, Mitsubishi Logisnext Co., Ltd., and KUKA AG, among others.

In conclusion, the global automated forklift truck market is poised for significant growth due to the increasing adoption of automation in material handling, the need for improved operational efficiency, the growth of the e-commerce industry, the focus on workplace safety, and advancements in technology. The market is expected to witness further advancements as manufacturers continue to invest in research and development to enhance the capabilities of automated forklift trucks.

This report is a detailed and comprehensive analysis for global Automated Forklift Truck market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Automated Forklift Truck market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automated Forklift Truck market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automated Forklift Truck market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automated Forklift Truck market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automated Forklift Truck

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automated Forklift Truck market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include JBT, Dematic, Kollmorgen, KION GROUP AG, Seegrid Corporation, E&K Automation GmbH, Mitsubishi Caterpillar Forklift America Inc., Crown Equipment Corporation, Hyster-Yale Materials Handling, Inc., TOYOTA INDUSTRIES CORPORATION, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automated Forklift Truck market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Pallet Mover
Counterbalance
Outrigger
Reach Truck
Others

Market segment by Application
Warehouses
Factories
Distribution Centers
Others

Major players covered
JBT
Dematic
Kollmorgen
KION GROUP AG
Seegrid Corporation
E&K Automation GmbH
Mitsubishi Caterpillar Forklift America Inc.
Crown Equipment Corporation
Hyster-Yale Materials Handling, Inc.
TOYOTA INDUSTRIES CORPORATION

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automated Forklift Truck product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automated Forklift Truck, with price, sales quantity, revenue, and global market share of Automated Forklift Truck from 2020 to 2025.

Chapter 3, the Automated Forklift Truck competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automated Forklift Truck breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automated Forklift Truck market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automated Forklift Truck.

Chapter 14 and 15, to describe Automated Forklift Truck sales channel, distributors, customers, research findings and conclusion.