Dublin, April 16, 2025 (GLOBE NEWSWIRE) — The “Autonomous Forklift Market by Tonnage (<3, 3-5, >5), Navigation (Laser, Vision, Optical Tape, Magnetic, SLAM, Inductive Guidance), Sales Channel, Application, End-Use Industry, Forklift Type, Propulsion, Component, and Region – Global Forecast to 2032” has been added to ResearchAndMarkets.com’s offering.
The autonomous forklift market is poised for significant expansion, with projections indicating growth from USD 2.73 billion in 2025 to USD 5.07 billion by 2032, at a CAGR of 9.3%. This growth is propelled by the increasing demand for streamlined warehouse operations and cost reduction on labor. Technological advancements, particularly in navigation and battery efficiency, enhance the appeal of autonomous forklifts for optimizing material handling processes.
These forklifts facilitate warehouse efficiency by optimizing inventory movement, minimizing human error, and increasing operational speed. As the e-commerce sector scales to meet consumer expectations, autonomous forklifts become crucial for handling large volumes with precision. Their integration into logistics systems further maximizes space utilization and reduces labor expenses, reinforcing their value in modern warehouses.
The market includes key players such as Toyota Industries Corporation (Japan), Kion Group AG (Germany), Mitsubishi Logisnext Co Ltd (France), Jungheinrich AG (Germany), and Hyster-Yale Materials Handling (US).
Rising E-commerce and Logistics Sector Impact
The growth of e-commerce, logistics, and warehousing significantly supports the adoption of autonomous forklifts. Major companies like Amazon have integrated these forklifts to enhance operational efficiency. Utilizing AI and advanced sensor technology, autonomous forklifts navigate complex environments, handling tasks such as material transport and inventory management with precision. The warehouse segment of the autonomous forklift market is predicted to grow at a CAGR of 9.5% during the forecast period.
Indoor Autonomous Forklifts’ Dominance
Indoor autonomous forklifts are expected to hold a significant market share due to their adeptness at navigating narrow spaces. Equipped with advanced sensors and AI, they operate safely and efficiently, reducing accident risks and damage. As demonstrated by Walmart’s rollout of forklifts from Fox Robotics, the demand for automation in retail spaces is accelerating. These forklifts are invaluable in confined environments, offering flexibility and low operation costs.
In regions like Asia Pacific, large e-commerce firms rely on indoor autonomous forklifts for their efficiency in handling 1.5 to 3-ton pallets. The flexibility and compact design of below 3-ton forklifts make them ideal for warehouses with ceilings under 10 meters.
Asia Pacific’s Market Leadership in 2032
By 2032, Asia Pacific is expected to dominate the autonomous forklift market, capturing 40-45% of the global share. This is driven by booming industries like e-commerce and manufacturing, especially in India and China, where major logistics infrastructure developments are underway. The pharmaceutical sector’s expansion further propels demand for automated forklifts in biopharma storage and distribution, highlighting the importance of these machines in temperature-controlled logistics.
Japan and South Korea’s electronics and e-commerce industries are investing heavily in automation, underscoring these regions’ roles as market frontrunners. Companies like Toyota Material Handling and Mitsubishi Logisnext are pioneering smart logistics solutions integrating AI and robotics.
The report provides insights on:
- Key drivers, restraints, opportunities, and challenges in the market.
- Product development and market diversification strategies.
- Comprehensive market assessments across different regions.
- Competitive assessments of leading market players.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 317 |
| Forecast Period | 2025 – 2032 |
| Estimated Market Value (USD) in 2025 | $2.73 Billion |
| Forecasted Market Value (USD) by 2032 | $5.07 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Increasing Demand for Automation in Warehouses
- Growth of E-Commerce and Logistics Industries
Restraints
Opportunities
- IoT Technology in Autonomous Forklifts
Challenges
- Failure of Sensing Elements
Case Studies
- Enhancing Glass Transport Efficiency with Scott Automation’s Laser-Guided Tugger
- Streamlining Operations in Auto Parts Manufacturing with Wellwit’s Automated Guided Vehicle Solution
- Optimizing Material Handling in Chemical Industry with Wellwit’s Automated Guided Vehicle Solution
- Replacing Aging Autonomous Floor-To-Floor Material Handling Systems with Compact Autonomous Tuggers Line
- L’Oréal Implementing Autonomous Forklifts by Dematic to Reduce Delivery Time at L’Oréal
- Panasonic Energy Implementing Automated Stackers, Trucks, and Racking Systems by Toyota
Company Profiles
- Toyota Industries Corporation
- Kion Group AG
- Mitsubishi Logisnext Co. Ltd.
- Jungheinrich AG
- Hyster-Yale, Inc.
- Agilox Services GmbH
- Swisslog Holding AG
- Oceaneering International, Inc.
- Hd Hyundai Construction Equipment Co. Ltd.
- Balyo
- Anhui Heli Co. Ltd.
- Agve
- Seegrid
- E80 Group Spa
- Scott Automation
- Crown Equipment Corporation
- Clark Material Handling Company
- Bastian Solutions, LLC
- Manitou Group
- Alta Material Handling
- Movigo Robotics Bv
- Otto Motors
- Mobile Industrial Robots
- Visionnav Robotics
- Shenzhen Wellwit Robotics Co. Ltd.
- Multiway Robotics (Shenzhen) Co. Ltd.
- Vecna Robotics
For more information about this report visit https://www.researchandmarkets.com/r/le45e4
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- Autonomous Forklift Market
