Global Electric AGVs and Driverless Forklifts Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Electric AGVs and Driverless Forklifts market size was valued at US$ 1037 million in 2024 and is forecast to a readjusted size of USD 2145 million by 2031 with a CAGR of 11.1% during review period.

AGVs and Driverless Forklift is an unmanned computer-controlled mobile transport unit used for material handling and transportation in a variety of industries.

Electric AGVs and Driverless Forklifts market driver as below：

E-Commerce Growth: The rapid growth of e-commerce has led to increased demand for efficient order fulfillment. Vertical order pickers enable quick and accurate picking of items from high shelves, supporting the high order volumes associated with online shopping.

Warehouse Optimization: Warehouses are looking for ways to optimize storage space and increase storage density. Vertical order pickers allow utilization of vertical space, maximizing the storage capacity of a facility.

Time Efficiency: Vertical order pickers reduce the time required to access items stored at various heights. This efficiency is crucial for meeting customer expectations for fast order processing and delivery.

Labor Shortages: The availability of skilled labor for manual picking and lifting tasks may be limited. Vertical order pickers reduce the physical strain on workers and enable them to handle picking tasks more efficiently.

Ergonomics and Safety: Vertical order pickers are designed with ergonomic features and safety mechanisms to minimize the risk of injuries related to lifting, bending, and reaching.

Customization: Manufacturers offer customization options for vertical order pickers to match specific warehouse layouts and requirements. This adaptability increases the appeal of these solutions.

Inventory Accuracy: Vertical order pickers often come with integrated technology for inventory tracking and management, contributing to improved accuracy and reducing picking errors.

Multi-Functionality: Some vertical order pickers can be used for multiple tasks, such as order picking, replenishment, and maintenance, offering versatility in warehouse operations.

Increased Warehouse Throughput: Vertical order pickers enable efficient movement and picking of items, resulting in higher warehouse throughput and more orders fulfilled in a given time frame.

Urbanization and Space Constraints: In urban areas with limited available land for larger warehouses, vertical storage solutions, including vertical order pickers, become essential for making the most of available space.

Sustainability: Some modern vertical order pickers are designed with energy-efficient features, contributing to sustainable warehouse operations and reduced energy consumption.

Technological Integration: Integration of technology such as IoT sensors, connectivity, and automation allows for real-time data collection, remote diagnostics, and predictive maintenance, enhancing operational efficiency.

Regulatory Compliance: Warehouses are subject to safety regulations and standards. Vertical order pickers that meet these requirements are preferred for maintaining compliance.

Global Supply Chain Complexity: As supply chains become more complex, efficient and precise order picking becomes crucial for minimizing delays and ensuring on-time deliveries.

Industry 4.0 and Automation Trends: The trend toward automation and Industry 4.0 concepts in logistics and warehousing drives the adoption of advanced equipment like vertical order pickers.

This report is a detailed and comprehensive analysis for global Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts

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 Electric AGVs and Driverless Forklifts 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 KION, Toyota, Hyundai Construction Equipment, Mitsubishi Heavy Industries, Crown科朗, Meidensha, BALYO, BHS Corrugated, Jungheinrich, Suzhou AGV Robot, etc.

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

Market Segmentation

Electric AGVs and Driverless Forklifts 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
Maximum Load Below 1 Ton
1 - 2.5 Tons
Maximum Load Above 2.5 Tons

Market segment by Application
Warehouses
Factories
Distribution Centers
Others

Major players covered
KION
Toyota
Hyundai Construction Equipment
Mitsubishi Heavy Industries
Crown科朗
Meidensha
BALYO
BHS Corrugated
Jungheinrich
Suzhou AGV Robot
Hangcha Group
Comwin
Machinery Technology Development
Kunming Shipping Equipment
DS Automotion GmbH
Guangdong Jaten Robot&Automation
Guochen Robot Technology
Remote Logistics Automation Equipment Technology
Scott Transbotics

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 Electric AGVs and Driverless Forklifts product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric AGVs and Driverless Forklifts, with price, sales quantity, revenue, and global market share of Electric AGVs and Driverless Forklifts from 2020 to 2025.

Chapter 3, the Electric AGVs and Driverless Forklifts competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts 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 Electric AGVs and Driverless Forklifts.

Chapter 14 and 15, to describe Electric AGVs and Driverless Forklifts sales channel, distributors, customers, research findings and conclusion.