Projeted Growth

Growth Potential Meter

Self Driving Forklifts Market by Product Type ( Rough Terrain Forklift, Rider Forklifts, Cushion Tire Forklifts, Narrow Aisle Forklifts, Pallet Jacks, Stackers, Pneumatic Tire Forklifts ) by Application ( Apparel Industry, Food & Beverage Industry, Hardware Industry, Pharmaceutical Industry, Electronics Industry, Chemical Industry) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2019-2027

Number of pages: 144 | Report Code: PSMR- PSMR-007028 | Report Format : PDF

Report Coverage

Parameters Details

Base Year


Historical Data


Forecast Data


Base Year Value (2021)

USD 3017.68 million

Forecast Value (2028)

USD 4720.343651 million

CAGR (2022 to 2028)

6.6 %

Regional Scope

North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

Global Self Driving Forklifts Market is estimated to reach USD 4428.09 million by 2027, growing at a CAGR of 6.6 % between 2019 and 2027  

Self Driving Forklifts OR Autonomous Forklifts are the Artificial Intelligence (AI) based robotics which are self-driven and plan the route on their own through the warehouses. Self Driving Forklifts are the vital force of the warehousing. Self Driving Forklifts are also called automated guide vehicles (AGVs). Self Driving Forklifts uses computer vision technology and AI which plays a vital role to plan their route through the warehouse. They project and detect the movements of the human warehouse workers they encounter. They can also communicate with and operate devices like warehouse doors and roller tracks, all without the help of humans. Self Driving Forklifts has reduced the human work and made it easy to place the goods from one place to another.  

The Global Self Driving Forklifts Market is expected to make a significant growth in the forecasted period owing to its excellent productivity and less requirement of workforce. The Invention of Self Driving Forklifts has revolutionized the warehousing techniques. Technological enhancement has played a major role in the growth of Self Driving Forklifts. Market dynamic has changed due to technological advancement and become more competitive as the usage of better technology gives a competitive advantage over other players.  

Autonomous Forklifts Market is becoming more competitive due to emergence new market players especially in Asia Pacific region. Manufacturers are allocating large budget to innovation as well as R & D to attract more consumers. The increase in population leading to high demands of products and hence demands of warehouse raised exponentially since 2012. Asia Pacific is most lucrative market due to high population, increasing disposable income and massive industrial expansion. North America & Europe market estimated to show constant growth with Africa as special monitoring region.  

The study covers detail analysis, growth and forecast of the Self Driving Forklifts Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2014 to 2017 and market forecast for 2019 to 2027 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2014-27 and compound annual growth rate (CAGR) in % for from 2019-2027. The market is expected to show constant growth between 2019-2027.  

The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints for Self Driving Forklifts Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study Self Driving Forklifts Market helps user to make precise decision in order to expand their market presence and increase market share.  

The report provides Self Driving Forklifts Market Dynamics ,includes industry growth drivers, challenges, opportunities , risk, constraints as well as threats .Reports also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Self Driving Forklifts Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  

 Global Self Driving Forklifts Market

Global Self Driving Forklifts Market : Product Type

  • Rough Terrain Forklift
  • Rider Forklifts
  • Cushion Tire Forklifts
  • Narrow Aisle Forklifts
  • Pallet Jacks
  • Stackers
  • Pneumatic Tire Forklifts

Global Self Driving Forklifts Market : Application

  • Apparel Industry
  • Food & Beverage Industry
  • Hardware Industry
  • Pharmaceutical Industry
  • Electronics Industry
  • Chemical Industry
  • Others

Global Self Driving Forklifts Market : Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Self Driving Forklifts Market:

  • OTTO Motors
  • DHL
  • Fairchild Equipment
  • Linde Material Handling
  • Deep Systems
  • Maun Motors
  • NDC Solutions

Geographical analysis of Global Self Driving Forklifts Market:

  • North America
    • U.S.A
    • Canada
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South East Asia
  • Latin America
    • Brazil
  • Middle East and Africa

Global Self Driving Forklifts Market Report delivers comprehensive analysis of :

  • Market Forecast for 2019-27
  • Market growth drivers
  • Challenges and Opportunities
  • Emerging and Current market trends
  • Market player Capacity, Production, Revenue (Value)
  • Supply (Production), Consumption, Export, Import analysis
  • End user/application Analysis

Frequently Asked Questions (FAQ)

Self Driving Forklifts Market was valued at around USD 3017.68 million in 2021 & estimated to reach USD 4720.343651 by 2028.

Self Driving Forklifts Market is likely to grow at compounded annual growth rate (CAGR) of 6.6% between 2022 to 2028.

Yes, the report includes COVID 19 impact on the market.

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