April 27, 2020

Europe Autonomous Forklifts Market – Industry Trends and Forecast to 2026

Europe Autonomous Forklifts Market By Type (Electric Motor Rider Forklifts, Electric Motor Narrow Aisle Forklifts, Electric Pallet Jacks, Stackers, and Tow Tractors, Internal Combustion Cushion Tire Forklifts, Internal Combustion Pneumatic Tire Forklifts, Electric/IC Engine Tow Tractors, Rough Terrain Forklift Trucks), Level of Automation (Level 1, Level 2, Level 3, Level 4, Level 5), Tonnage (Below 5 Tons, 5-10 Tons, More Than 10 Tons), Component (Hardware, Software, Service), Sales Channel(In-House Purchase, Leasing), Function(Manufacturing, Warehousing, Material Handling, Logistics & Freight, Others), End-Users(Transportation & Logistics, Manufacturing, Paper Industry, Wood Industry, Construction, Automotive, Food and Beverages, Retail, Others),  Country (Germany, France, U.K., Italy, Spain, Switzerland, Netherland, Russia, Belgium, Turkey, Rest of Europe) – Industry Trends and Forecast to 2026

Forklift is a powered machine truck which can be utilized for moving heavy or light weighted material from one place to another. Forklifts are designed for the specifications in order to handle maximum load of weights in the different industrial warehouses. It is used for both indoor as well as outdoor materials movement in the warehouses. Autonomous forklifts reduce the risk of accidents on industrial spaces when it is being used for material handling in the warehouses. In the forklift forked platform attached in the front of the machine can adjust their size according to the cargo to lift and move it. The main advantage of forklift is that it increases the productivity while handling the material in the warehouses. It can lift maximum of load and move easily

Europe autonomous forklifts market is projected to register a substantial CAGR in the forecast period of 2026.

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Europe Autonomous Forklifts Market Size, Status and Forecast  2026
Europe Autonomous Forklifts Market Overview

  • Europe Autonomous Forklifts Market Manufacturers Profiles
  • Europe Autonomous Forklifts Market Sales, Revenue, Market Share and Competition by Manufacturer
  • Europe Autonomous Forklifts Market Analysis by Regions
  • Europe Autonomous Forklifts Market by Countries
  • Europe Autonomous Forklifts Market Segment by Type
  • Europe Autonomous Forklifts Market Segment by Application
  • Europe Autonomous Forklifts MarketForecast
  • Sales Channel, Distributors, Traders and Dealers
  • Research Findings and Conclusion
  • Appendixes

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Segmentation: Europe Autonomous Forklifts Market

Europe autonomous forklifts market is segmented into seven notable segments which are based on the basis of type, level of automation, tonnage, component, sales channel, function and end-user.

On the basis of type, the market is segmented into electric motor rider forklifts, electric motor narrow aisle forklifts, electric pallet jacks, stackers, and tow tractors, internal combustion cushion tire forklifts, internal combustion pneumatic tire forklifts, electric/IC engine tow tractors and  rough terrain forklift trucks

  • On the basis of level of automation, the market is segmented into level 1, level 2, level 3, level 4 and level 5
  • On the basis of tonnage, the market is segmented into below 5 tons, 5-10 tons and more than 10 tons
  • On the basis of component, the market is segmented into hardware, software and service
  • On the basis of sales channel, the market is segmented into in-house purchase and leasing.
  • On the basis of function, the market is segmented into manufacturing, warehousing, material handling, logistics & freight and others
  • On the basis of end-user, the market is segmented into transportation & logistics, manufacturing, paper industry, wood industry, construction, automotive, food and beverages, retail and others

Competitive Analysis: Europe Autonomous Forklifts Market

Some of the major players operating in this market are Hyster-Yale Materials Handling, Inc., Jungheinrich AG, Doosan Corporation, Komatsu Ltd., KION GROUP AG, Toyota Industries Corporation, Mitsubishi Heavy Industries, Ltd, Hyundai Construction Equipment. Europe, Cat Lift Truck, NITCO, Anhui Heli Co., Ltd., Anhui Yufeng warehousing equipment Co, Ltd, BHS Corrugated Maschinen-und Anlagenbau GmbH, AB Volvo, BALYO, CLARK, Godrej Industries Limited, Corecon, Inc, HANGCHA Group , SINKOBE CO., LTD among others.

Product Launches

  • In June 2019, Clark announced that the company has launched new HWXE (walkie/rider) and PWXE (walkie) products, this new product manage all types of material handling. After launching the product the company enhanced their product portfolio of material handling equipment
  • In November 2018, Anhui Heli Co., Ltd. launched 2 ton Lithium battery forklift in the European market, this product was already launched in other countries in the last two years. After this launch the company also entered in European market of forklift truck
  • In September 2018, Hyster-Yale Materials Handling, Inc., launched Hyster Lift Trucks, which has capacity to lift up to 8 to 16-tonne of material. The company launched latest heavy-duty models in the market which make handling and transportation easier. By this type of product launch the company enhances their credibility in the market

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About Us:

Research Methodology: Europe Autonomous Forklifts Market

Primary Respondents:

Key Opinion Leaders (KOL’s): Manufacturers, Researchers, Distributors, Bakers and Food Industrialists.

Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and National Sales Managers.

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