The North America Autonomous Forklifts Market size was valued at around USD 0.95 billion in 2024 and is projected to reach USD 1.97 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
North America Autonomous Forklifts Market Driver:
Rising Demand for Automation in Warehouses for Material Handling – Automation across diverse manufacturing industries is gaining a lot of momentum in pursuit of improving manufacturing efficiency. Automated machines are advantageous on account of having the ability to run 24/7 without a break and removing human error, these tend to enhance work efficiency while dramatically reducing operational costs. Thus, several organizations are pouring money into these self-driving forklifts. For instance, in 2024, Walmart, adopted 19 automated electric forklifts to optimize its warehouse operations in an automatic format. Many industries are expected to go further with self-driven forklifts in the upcoming times. Thus the demand for autonomous forklifts is rising to increase the efficiency of work at warehouses of different companies.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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North America Autonomous Forklifts Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
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- Optical Tape Guidance- Market Size & Forecast 2020-2030, USD Million
- Vision Guidance- Market Size & Forecast 2020-2030, USD Million
- Slam- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- By Weight Capacity
- Below 3 Tons- Market Size & Forecast 2020-2030, USD Million
- 3 to 5 Tons- Market Size & Forecast 2020-2030, USD Million
- Above 5 Tons- Market Size & Forecast 2020-2030, USD Million
- By End-User Industry
- Food & Beverages- Market Size & Forecast 2020-2030, USD Million
- Automotive- Market Size & Forecast 2020-2030, USD Million
- E-Commerce- Market Size & Forecast 2020-2030, USD Million
- Aviation- Market Size & Forecast 2020-2030, USD Million
- Healthcare- Market Size & Forecast 2020-2030, USD Million
- Chemical- Market Size & Forecast 2020-2030, USD Million
- Semi-Conductor & Electronics- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- By Fuel
- Electric- Market Size & Forecast 2020-2030, USD Million
- ICE- Market Size & Forecast 2020-2030, USD Million
- By Operability
- Indoor- Market Size & Forecast 2020-2030, USD Million
- Outdoor- Market Size & Forecast 2020-2030, USD Million
- By Sourcing
- In-House Purchasing- Market Size & Forecast 2020-2030, USD Million
- Leasing- Market Size & Forecast 2020-2030, USD Million
- By Level of Autonomy
- Level 1- Market Size & Forecast 2020-2030, USD Million
- Level 2- Market Size & Forecast 2020-2030, USD Million
- Level 3- Market Size & Forecast 2020-2030, USD Million
- Level 4- Market Size & Forecast 2020-2030, USD Million
- Level 5- Market Size & Forecast 2020-2030, USD Million
- By Country
- The US
- Canada
- Mexico
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Toyota Material Handling, Linde Material Handling, Seegrid, Swisslog, JBT Corporation, Kion Group, Murata Machinery Ltd., Hyster, Oceaneering, Mitsubishi Logisnext Ltd., Jungheinrich, Agilox, and others looking forward to strengthening their market positions.
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