Global Automated Pallet Truck Market Growth 2023-2029

Global Automated Pallet Truck Market Growth 2023-2029

A pallet truck, also known as a pallet jack, pallet pump, pump truck, dog, or jigger is a tool used to lift and move pallets. Pallet trucks are the most basic form of forklift and are intended to move heavy or light pallets within a warehouse.

An automated pallet truck is one kind of pallet truck with automated guide vehicles system. It is a mobile robot that follows markers or wires in the floor, or uses vision, magnets, or lasers for navigation. They are most often used in industrial applications to move materials around a manufacturing facility or warehouse. Application of the automated pallet truck has broadened during the late 20th century.

LPI (LP Information)' newest research report, the “Automated Pallet Truck Industry Forecast” looks at past sales and reviews total world Automated Pallet Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Automated Pallet Truck sales for 2023 through 2029. With Automated Pallet Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automated Pallet Truck industry.

This Insight Report provides a comprehensive analysis of the global Automated Pallet Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automated Pallet Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automated Pallet Truck market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automated Pallet Truck and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automated Pallet Truck.

The global Automated Pallet Truck market size is projected to grow from US$ 4789.3 million in 2022 to US$ 19840 million in 2029; it is expected to grow at a CAGR of 19840 from 2023 to 2029.

Japan is the largest Automated Pallet Truck market with about 26% market share. Europe is follower, accounting for about 21% market share.

The key players are Daifuku, Atab, Meidensha, Rocla, Dematic, Swisslog, Aichikikai, JBT, Amazon Robotics, Seegrid, Aethon, EK AUTOMATION, Toyota, Hitachi, Siasun, CSTCKM, MTD, Casun, Jaten, Yonegy etc. Top 3 companies occupied about 23% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Automated Pallet Truck market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pallet Transporting Truck

Pallet Stacking Truck

Segmentation by application

Production & Manufacturing

Distribution & Logistics

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Daifuku

Atab

Meidensha

Rocla

Dematic

Swisslog

Aichikikai

JBT

Amazon Robotics

Seegrid

Aethon

EK AUTOMATION

Toyota

Hitachi

Siasun

CSTCKM

MTD

Casun

Jaten

Yonegy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automated Pallet Truck market?

What factors are driving Automated Pallet Truck market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automated Pallet Truck market opportunities vary by end market size?

How does Automated Pallet Truck break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.