Press release
United States Autonomous Forklift Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Autonomous Forklift Market
Global Autonomous Forklift Market reached USD 3.8 billion in 2022 and is expected to reach USD 10.4 bllion by 2030, growing with a CAGR of 13.5% during the forecast period 2023-2030.
Key Development:
United States: Recent Industry Developments
✅ July 2025: Walmart is considering a $200 million investment in autonomous forklifts from Fox Robotics to automate its warehouse operations. The initiative aims to boost profitability and compete with retailers like Amazon by leveraging automation and artificial intelligence. Walmart has already piloted this technology, deploying 19 FoxBots in four facilities.
✅ July 2025: The autonomous forklift market in North America is gearing up for exponential growth, with a projected CAGR of around 9% from 2025 to 2030. This growth is driven by labor shortages, warehouse automation, and advancements in robotics technology.
Japan: Recent Industry Developments
✅ July 2025: Toyota L&F partnered with Fujitsu to launch Japan's first AI-powered forklift safety evaluation service. The service collects and analyzes logistics site data to support operational improvements, enhancing safety and efficiency in warehouse operations.
✅ May 9, 2025: Coca-Cola Bottlers Japan and Toyota Industries Corporation began full-scale operations of Japan's first autonomous four-fork forklift compatible with truck loading and unloading at the Hakushu Plant Warehouse in Hokuto City. This marks a significant step in automating the entire process from manufacturing to shipping.
✅ April 24, 2025: Kao Corporation implemented Japan's first truck loading operation using automated forklifts at its Toyohashi Plant. The system utilizes 3D-LiDAR and AI for precise loading without the need for infrastructure modifications, aiming to enhance efficiency and reduce CO2 emissions.
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Autonomous Forklifts are self-driving material handling vehicles equipped with sensors, cameras, and AI-based navigation systems to transport goods in warehouses and industrial facilities without human intervention. They enhance operational efficiency, reduce labor costs, improve safety, and optimize logistics workflows.
Recent Mergers and Acquisitions :
United States: Recent M&A Activity
✅ June 2025: Toyota Motor Corporation and Toyota Fudosan Co., Ltd. acquired Toyota Industries Corporation in a USD 33 billion take-private transaction. This strategic move consolidates Toyota's control over key operations, including forklift manufacturing, within its group structure.
✅ September 2024: Oshkosh Corporation, a U.S.-based manufacturer of mission-critical vehicles, acquired AUSACORP S.L., a Spain-based forklift manufacturer. This acquisition enhances Oshkosh's product offerings in construction and material handling equipment.
Japan: Recent M&A Activity
✅ July 2025: Jungheinrich AG, a German forklift manufacturer, sold its Russian subsidiary, Jungheinrich Lift Truck OOO, to a Russian financial investor and asset manager. This divestiture reflects Jungheinrich's strategic realignment amid changing market conditions.
Key Players:
=> Toyota Industries Corporation, Kion Group AG, Mitsubishi Logisnext Co Ltd, Jungheinrich AG, Hyster-Yale Materials Handling, Inc., Swisslog AG, Oceaneering International, Inc., Hyundai Construction Equipment Co., Ltd., Balyo SA and Agilox Services GmbH
Growth Forecast Projected:
The Global Autonomous Forklift Market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Autonomous Forklift Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Capacity: Below 5 Tons, 5 to 10 Tons, Above 10 Tons
➥ By Application: Manufacturing, Warehousing, Material Handling, Logistics and Freight, Others
➥ By End-User: Food and Beverages, Automotive, Pulp and Paper, Aerospace, Semiconductor and Electronics, Healthcare, Others
Regional Analysis for Autonomous Forklift Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Autonomous Forklift producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Autonomous Forklift revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
What is the current size of the Autonomous Forklift Market?
A: In 2022, the Autonomous Forklift Market was valued at USD 3.8 billion, reflecting its strong industry presence.
Q2: How large is the Autonomous Forklift Market expected to be by 2030?
A: By 2030, industry forecasts suggest the Autonomous Forklift Market will grow to around USD 10.4 bllion, demonstrating significant expansion.
Q3: What is the growth rate of the Autonomous Forklift Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 13.5% during the forecast period from 2023 to 2030.
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