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Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake)...

by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025

Publisher:        MarketsandMarkets

# of Pages:        223

Rating: 

1 User License $4,950

Publication Date:  January, 2021

Price:       $4,950 / User License




TABLE OF CONTENTS

 

1              INTRODUCTION                28

1.1          OBJECTIVES OF THE STUDY          28

1.2          MARKET DEFINITION      29

TABLE 1                MARKET DEFINITIONS   29

1.3          INCLUSIONS & EXCLUSIONS        29

1.4          MARKET SCOPE                30

1.4.1      MARKETS COVERED        30

FIGURE 1             FLUID TRANSFER SYSTEM MARKET SEGMENTATION        30

1.5          STAKEHOLDERS 30

1.6          SUMMARY OF CHANGES              31

2              RESEARCH METHODOLOGY         32

2.1          RESEARCH DATA               32

FIGURE 2             RESEARCH DESIGN          32

FIGURE 3             RESEARCH METHODOLOGY MODEL         33

2.1.1      SECONDARY DATA           34

2.1.1.1   List of key secondary sources     34

2.1.1.2   Key data from secondary sources             35

2.1.2      PRIMARY DATA 35

FIGURE 4             BREAKDOWN OF PRIMARY INTERVIEWS: BY STAKEHOLDER, DESIGNATION,  & REGION   36

2.1.2.1   List of primary participants           36

2.2          MARKET ESTIMATION METHODOLOGY  37

FIGURE 5             RESEARCH METHODOLOGY: HYPOTHESIS BUILDING         37

2.2.1      BOTTOM-UP APPROACH              38

FIGURE 6             FLUID TRANSFER SYSTEM MARKET SIZE: BOTTOM-UP APPROACH (ON-HIGHWAY VEHICLE AND REGION)                39

FIGURE 7             FLUID TRANSFER SYSTEM MARKET SIZE: BOTTOM-UP APPROACH (ELECTRIC AND OFF-HIGHWAY VEHICLE)                39

2.2.2      TOP-DOWN APPROACH                40

FIGURE 8             FLUID TRANSFER SYSTEM MARKET SIZE: TOP-DOWN APPROACH (FLUID TRANSFER SYSTEM TYPE)             40

FIGURE 9             FLUID TRANSFER SYSTEM MARKET: RESEARCH DESIGN & METHODOLOGY             40

FIGURE 10           FLUID TRANSFER SYSTEM MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF REVENUE ESTIMATION                41

2.2.3      FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE      42

2.3          DATA TRIANGULATION 43

FIGURE 11           DATA TRIANGULATION METHODOLOGY               43

2.4          FACTOR ANALYSIS           44

2.5          RESEARCH ASSUMPTIONS           44

2.5.1      GLOBAL ASSUMPTIONS                44

2.5.2      MARKET ASSUMPTIONS               45

2.6          RESEARCH LIMITATIONS               49

3              EXECUTIVE SUMMARY  50

3.1          PRE-& POST COVID-19 SCENARIO             50

FIGURE 12           PRE & POST COVID-19 SCENARIO: FLUID TRANSFER SYSTEM MARKET,  2018-2025 (USD MILLION)               50

TABLE 2                FLUID TRANSFER SYSTEM MARKET: PRE VS. POST COVID-19 SCENARIO,  2018–2025 (USD MILLION)          50

3.2          EXECUTIVE SUMMARY  52

FIGURE 13           FLUID TRANSFER SYSTEM: MARKET OUTLOOK    52

FIGURE 14           FLUID TRANSFER SYSTEM MARKET, BY REGION, 2020 VS. 2025(USD MILLION)      53

4              PREMIUM INSIGHTS       55

4.1          ATTRACTIVE OPPORTUNITIES IN FLUID TRANSFER SYSTEM MARKET         55

FIGURE 15           STRINGENT EMISSION NORMS ARE DRIVING THE FLUID TRANSFER MARKET        55

4.2          FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE              56

FIGURE 16           AC LINES SEGMENT EXPECTED TO LEAD THE FLUID TRANSFER SYSTEM MARKET,  BY EQUIPMENT TYPE, 2020 VS. 2025 (USD MILLION)               56

4.3          FLUID TRANSFER SYSTEM MARKET, BY MATERIAL             56

FIGURE 17           RUBBER SEGMENT EXPECTED TO HAVE THE LARGEST MARKET SHARE,  BY MATERIAL TYPE, 2020 VS. 2025 (USD MILLION) 56

4.4          FLUID TRANSFER SYSTEM MARKET, BY TYPE         57

FIGURE 18           HOSES SEGMENT EXPECTED TO LEAD THE FLUID TRANSFER SYSTEM MARKET,  BY TYPE, 2020 VS. 2025 (USD MILLION)             57

4.5          FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY  VEHICLE TYPE        57

FIGURE 19           PASSENGER CAR SEGMENT EXPECTED TO LEAD THE FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY VEHICLE TYPE, 2020 VS. 2025 (USD MILLION)       57

4.6          FLUID TRANSFER SYSTEM MARKET, BY ELECTRIC & HYBRID VEHICLE          58

FIGURE 20           BEV SEGMENT EXPECTED TO LEAD THE FLUID TRANSFER SYSTEM MARKET,  BY ELECTRIC & HYBRID VEHICLE, 2020 VS. 2025 (USD MILLION)     58

4.7          FLUID TRANSFER SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE   58

FIGURE 21           AGRICULTURE TRACTORS EXPECTED TO LEAD THE FLUID TRANSFER SYSTEM MARKET SHARE, BY OFF-HIGHWAY VEHICLE, 2020 VS. 2025 (USD MILLION)             58

4.8          FLUID TRANSFER SYSTEM MARKET, BY REGION  59

FIGURE 22           ASIA PACIFIC EXPECTED TO HOLD THE LARGEST SHARE OF THE MARKET DURING THE FORECAST PERIOD                59

5              MARKET OVERVIEW       60

5.1          INTRODUCTION                60

5.2          YEARS CONSIDERED FOR THE STUDY        60

5.3          MARKET DYNAMICS       61

5.3.1      DRIVERS               61

5.3.1.1   Increase in stringency in tailpipe emission limits 61

5.3.1.1.1               Updated engine technologies and engine downsizing     61

5.3.1.1.2               Stringent emission norms to mandate aftertreatment devices   62

FIGURE 23           AFTERTREATMENT DEVICE MARKET SIZE, SCR VS DPF LINES,  2020-2025 (USD BILLION)    62

5.3.1.2   Increasing vehicle production     63

FIGURE 24           INCREASING VEHICLE PRODUCTION, 2015–2019 (‘000 UNITS)      63

FIGURE 25           INCREASING ELECTRIC VEHICLE SALES, 2020 VS. 2025 (‘000 UNITS)            63

5.3.2      RESTRAINTS       64

5.3.2.1   Growing popularity of electric vehicles may impact ICE fluid transfer system market        64

5.3.3      OPPORTUNITIES               65

5.3.3.1   Vehicle electrification/alternate fuel vehicles anticipated to create new revenue pockets             65

TABLE 3                OVERVIEW OF EMISSION REGULATION SPECIFICATIONS FOR PASSENGER CARS 65

TABLE 4                EMISSION NORMS SPECIFICATIONS IN KEY COUNTRIES FOR PASSENGER CARS   66

5.3.3.2   Increasing demand for lightweight vehicle parts                67

TABLE 5                WEIGHT REDUCTION GOALS FOR LIGHT DUTY VEHICLES 67

TABLE 6                FUTURE WEIGHT REDUCTION TARGETS, BY COMPONENT, 2025 VS. 2050                67

5.3.4      CHALLENGES      68

5.3.4.1   Demand for high durability products       68

5.3.4.2   Impact of COVID-19        68

5.4          FLUID TRANSFER SYSTEM MARKET: SCENARIO ANALYSIS               69

FIGURE 26           FLUID TRANSFER SYSTEM MARKET: COVID-19 SCENARIOS ANALYSIS        69

5.4.1      MOST LIKELY/REALISTIC SCENARIO          69

TABLE 7                FLUID TRANSFER SYSTEM MARKET, (REALISTIC SCENARIO), BY REGION,  2018–2025 (USD MILLION)          69

5.4.2      HIGH COVID-19 IMPACT SCENARIO         70

TABLE 8                FLUID TRANSFER SYSTEM MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2018–2025 (USD MILLION)             70

5.4.3      LOW COVID-19 IMPACT SCENARIO          70

TABLE 9                FLUID TRANSFER SYSTEM MARKET (LOW COVID-19 IMPACT SCENARIO),  BY REGION, 2018–2025 (USD MILLION)             71

5.5          ECOSYSTEM        71

FIGURE 27           ECOSYSTEM: FLUID TRANSFER SYSTEM MARKET                71

5.6          VALUE CHAIN ANALYSIS               72

5.7          SUPPLY CHAIN ANALYSIS              73

5.8          TECHNOLOGY ANALYSIS               74

5.8.1      GATES INTRODUCES NEW HYDRAULIC AND INNOVATIVE HYDRAULIC HOSE FOR FLUID POWER APPLICATIONS    74

5.8.2      TI FLUID SYSTEMS SUPPLIES VOLKSWAGEN ID.3 AND ID.4 BATTERY ELECTRIC VEHICLES WITH INDUSTRY-FIRST THERMAL TECHNOLOGY               75

5.9          PRICING ANALYSIS          75

5.10        PATENT ANALYSIS           77

TABLE 10              IMPORTANT INNOVATION & PATENT ANALYSIS, 2002-2014         77

5.11        REGULATORY LANDSCAPE           78

TABLE 11              EURO-5 VS. EURO-6 VEHICLE EMISSION STANDARDS ON THE NEW EUROPEAN  DRIVING CYCLE  79

5.12        CASE STUDY       80

5.13        PORTER’S FIVE FORCES  81

5.13.1    INTENSITY OF COMPETITIVE RIVALRY     81

5.13.2    THREAT OF NEW ENTRANTS        81

5.13.3    THREAT OF SUBSTITUTES              82

5.13.4    BARGAINING POWER OF SUPPLIERS       82

5.13.5    BARGAINING POWER OF BUYERS             82

6              FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE              83

6.1          INTRODUCTION                84

6.1.1      RESEARCH METHODOLOGY         84

6.1.2      ASSUMPTIONS 84

6.1.3      INDUSTRY INSIGHTS       85

FIGURE 28           FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2020 VS. 2025 (USD MILLION)                85

TABLE 12              FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (‘000 UNITS)            86

TABLE 13              FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)       86

6.2          AIR SUSPENSION LINES 87

6.2.1      BENEFITS LIKE HIGH CHEMICAL & HEAT RESISTANCE EXPECTED TO DRIVE THE SEGMENT 87

TABLE 14              AIR SUSPENSION LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (‘000 UNITS)              87

TABLE 15              AIR SUSPENSION LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)        87

6.3          FUEL LINES          88

6.3.1      DEVELOPMENTS IN NYLON MATERIAL EXPECTED TO DRIVE DEMAND      88

TABLE 16              FUEL LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)       88

TABLE 17              FUEL LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)  88

6.4          BRAKE LINES      89

6.4.1      GROWING PENETRATION OF EBS EXPECTED TO DRIVE THE SEGMENT      89

TABLE 18              BRAKE LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)    89

TABLE 19              BRAKE LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)              89

6.5          AC LINES              90

6.5.1      INCREASING DEMAND FOR REAR AIR CONDITIONING TO DRIVE DEMAND            90

TABLE 20              AC LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)            90

TABLE 21              AC LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)      90

6.6          DIESEL PARTICULATE FILTER (DPF) LINES               91

6.6.1      IMPLEMENTATION OF STRINGENT EMISSION STANDARDS TO DRIVE DEMAND   91

TABLE 22              DPF LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)         91

TABLE 23              DPF LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)    91

6.7          SELECTIVE CATALYTIC REDUCTION (SCR) LINES   92

6.7.1      INCREASING OEM ADOPTION EXPECTED TO DRIVE DEMAND       92

TABLE 24              SCR LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)          92

TABLE 25              SCR LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)    92

6.8          TRANSMISSION OIL COOLING LINES        93

6.8.1      INCREASING ADOPTION OF AUTOMATIC TRANSMISSION TO DRIVE DEMAND     93

TABLE 26              TRANSMISSION OIL COOLING LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)  93

TABLE 27              TRANSMISSION OIL COOLING LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)             93

6.9          TURBO COOLANT LINES                94

6.9.1      INCREASING ADOPTION OF TURBOCHARGERS IN PASSENGER CARS TO DRIVE DEMAND                94

TABLE 28              TURBO COOLANT LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (‘000 UNITS)             94

TABLE 29              TURBO COOLANT LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)        95

6.10        ENGINE COOLING LINES               95

6.10.1    DEMAND FOR ENHANCED SAFETY EXPECTED TO DRIVE THE SEGMENT     95

TABLE 30              ENGINE COOLING LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (‘000 UNITS)            95

TABLE 31              ENGINE COOLING LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)       96

6.11        AIR BRAKE LINES              96

6.11.1    ENHANCED SAFETY AND RELIABILITY TO DRIVE DEMAND               96

TABLE 32              AIR BRAKE LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (‘000 UNITS)           96

TABLE 33              AIR BRAKE LINES: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)      97

7              FLUID TRANSFER SYSTEM MARKET, BY TYPE         98

7.1          INTRODUCTION                99

7.1.1      RESEARCH METHODOLOGY         99

7.1.2      ASSUMPTIONS 99

7.1.3      INDUSTRY INSIGHTS       99

FIGURE 29           FLUID TRANSFER SYSTEM MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)           100

TABLE 34              FLUID TRANSFER SYSTEM MARKET, BY TYPE, 2018–2025 (MILLION UNITS)             100

TABLE 35              FLUID TRANSFER SYSTEM MARKET, BY TYPE, 2018–2025 (USD MILLION) 100

7.2          HOSES   101

7.2.1      BENEFITS SUCH AS FLEXIBILITY, RESILIENCY, AND WEATHERABILITY DRIVING THE SEGMENT         101

TABLE 36              HOSES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)                101

TABLE 37              HOSES: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)           101

7.3          TUBING                102

7.3.1      INCREASING USAGE OF TURBO COOLANT LINES AND SCR LINES EXPECTED TO DRIVE THE SEGMENT         102

TABLE 38              TUBING: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)             102

TABLE 39              TUBING: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)        102

8              FLUID TRANSFER SYSTEM MARKET, BY MATERIAL             103

8.1          INTRODUCTION                104

8.1.1      RESEARCH METHODOLOGY         104

8.1.2      ASSUMPTIONS 104

8.1.3      INDUSTRY INSIGHTS       104

FIGURE 30           FLUID TRANSFER SYSTEM MARKET, BY MATERIAL, 2020 VS. 2025 (USD MILLION)                105

TABLE 40              FLUID TRANSFER SYSTEM MARKET, BY MATERIAL, 2018–2025 (TONS)      105

TABLE 41              FLUID TRANSFER SYSTEM MARKET, BY MATERIAL, 2018–2025 (USD MILLION)      106

8.2          NYLON  106

8.2.1      BENEFITS SUCH AS CORROSION RESISTANCE AND GROWING POPULARITY OF AIR BRAKE LINES WILL INCREASE NYLON USAGE  106

TABLE 42              NYLON: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)          106

TABLE 43              NYLON: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)          107

8.3          STAINLESS STEEL              107

8.3.1      LIGHTWEIGHT TREND EXPECTED TO DRIVE USAGE OF STAINLESS STEEL   107

TABLE 44              STAINLESS STEEL: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)       107

TABLE 45              STAINLESS STEEL: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)      108

8.4          ALUMINUM       108

8.4.1      GROWING ADOPTION OF REAR AC SYSTEMS EXPECTED TO DRIVE THE DEMAND FOR ALUMINUM             108

TABLE 46              ALUMINUM: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)               108

TABLE 47              ALUMINUM: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)               109

8.5          STEEL     109

8.5.1      EASY AVAILABILITY AND COST-ECONOMY OF STEEL DRIVING DEMAND  109

TABLE 48              STEEL: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)             109

TABLE 49              STEEL: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)             110

8.6          RUBBER                110

8.6.1      LOW PRICE WITH TEMPERATURE SUSTAINABILITY PROPERTY IS LIKELY TO FUEL THE DEMAND FOR RUBBER           110

TABLE 50              RUBBER: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)        110

TABLE 51              RUBBER: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)        111

8.7          OTHER MATERIALS          111

8.7.1      BENEFITS SUCH AS DESIGN FLEXIBILITY AND DURABILITY EXPECTED TO DRIVE USAGE OF OTHER MATERIALS        111

TABLE 52              OTHERS: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (TONS)        111

TABLE 53              OTHERS: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)        112

9              FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY VEHICLE    113

9.1          INTRODUCTION                114

9.1.1      RESEARCH METHODOLOGY         114

9.1.2      ASSUMPTIONS 114

9.1.3      INDUSTRY INSIGHTS       115

FIGURE 31           FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY VEHICLE TYPE,  2020 VS. 2025 (USD MILLION)           115

TABLE 54              FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY VEHICLE TYPE,  2018–2025 (‘000 UNITS)      115

TABLE 55              FLUID TRANSFER SYSTEM MARKET, BY ON-HIGHWAY VEHICLE TYPE,  2018–2025 (USD MILLION) 116

9.2          PASSENGER CAR              116

9.2.1      INCREASING ADOPTION OF TGDI EXPECTED TO DRIVE THE SEGMENT      116

TABLE 56              PASSENGER CAR: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (‘000 UNITS)           116

TABLE 57              PASSENGER CAR: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)      117

9.3          LIGHT COMMERCIAL VEHICLE (LCV)         117

9.3.1      ADOPTION OF AUTOMATIC TRANSMISSION & TURBOCHARGERS EXPECTED TO THE SEGMENT    117

TABLE 58              LCV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)      117

TABLE 59              LCV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION) 118

9.4          TRUCK  118

9.4.1      INCREASING USAGE OF SCR AND DPF EXPECTED TO DRIVE THE SEGMENT             118

TABLE 60              TRUCK: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)                118

TABLE 61              TRUCK: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)           119

9.5          BUS        119

9.5.1      INCREASING ADOPTION OF AIR BRAKE SYSTEMS EXPECTED TO DRIVE THE SEGMENT       119

TABLE 62              BUS: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)     119

TABLE 63              BUS: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)                120

10           FLUID TRANSFER SYSTEM MARKET, BY ELECTRIC & HYBRID VEHICLE          121

10.1        INTRODUCTION                122

10.1.1    RESEARCH METHODOLOGY         122

10.1.2    ASSUMPTIONS 122

10.1.3    INDUSTRY INSIGHTS       122

FIGURE 32           FLUID TRANSFER SYSTEM MARKET, BY ELECTRIC & HYBRID VEHICLE,  2020 VS. 2025 (USD MILLION)            123

TABLE 64              FLUID TRANSFER SYSTEM MARKET, BY ELECTRIC & HYBRID VEHICLE,  2018–2025 (‘000 UNITS)       123

TABLE 65              FLUID TRANSFER SYSTEM MARKET, BY ELECTRIC & HYBRID VEHICLE,  2018–2025 (USD MILLION)  123

10.2        BATTERY ELECTRIC VEHICLE (BEV)             124

10.2.1    STRINGENCY IN EMISSION STANDARDS AND GROWTH IN BEV SALES EXPECTED TO DRIVE THE MARKET  124

TABLE 66              BEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)      124

TABLE 67              BEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)                124

10.3        PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)          125

10.3.1    VARIOUS PHEV MODEL LAUNCHES EXPECTED TO DRIVE THE MARKET      125

TABLE 68              PHEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)   125

TABLE 69              PHEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)             125

10.4        FUEL CELL ELECTRIC VEHICLE (FCEV)        126

10.4.1    INVESTMENTS BY GOVERNMENTS AND PRIVATE COMPANIES TO PROMOTE FUEL CELL TECHNOLOGY EXPECTED TO DRIVE THE MARKET         126

TABLE 70              FCEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)   126

TABLE 71              FCEV: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)              126

11           FLUID TRANSFER SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE   127

11.1        INTRODUCTION                128

11.1.1    RESEARCH METHODOLOGY         128

11.1.2    ASSUMPTIONS 128

11.1.3    INDUSTRY INSIGHTS       129

FIGURE 33           FLUID TRANSFER SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE,  2020 VS. 2025 (USD MILLION)    129

TABLE 72              FLUID TRANSFER SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE,  2018–2025 (MILLION UNITS)      129

TABLE 73              FLUID TRANSFER SYSTEM MARKET, BY OFF-HIGHWAY VEHICLE,  2018–2025 (USD MILLION)          130

11.2        AGRICULTURE TRACTORS             130

11.2.1    SUBSIDIES/LOAN WAIVERS ARE BOOSTING TRACTOR SALES        130

TABLE 74              AGRICULTURE TRACTORS: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (MILLION UNITS)                130

TABLE 75              AGRICULTURE TRACTORS: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)    131

11.3        CONSTRUCTION EQUIPMENT     131

11.3.1    INCREASING INDUSTRIALIZATION AND CONSTRUCTION ACTIVITIES EXPECTED TO DRIVE DEMAND           131

TABLE 76              CONSTRUCTION EQUIPMENT: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (MILLION UNITS)                131

TABLE 77              CONSTRUCTION EQUIPMENT: FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)                132

11.4        MINING EQUIPMENT     132

11.4.1    INCREASING MINING ACTIVITIES EXPECTED TO DRIVE DEMAND                132

TABLE 78              MINING EQUIPMENT: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (MILLION UNITS)        132

TABLE 79              MINING EQUIPMENT: FLUID TRANSFER SYSTEM MARKET, BY REGION,  2018–2025 (USD MILLION)            133

12           FLUID TRANSFER SYSTEM MARKET, BY REGION  134

12.1        INTRODUCTION                135

12.1.1    RESEARCH METHODOLOGY         135

12.1.2    ASSUMPTIONS 135

12.1.3    INDUSTRY INSIGHTS       136

FIGURE 34           FLUID TRANSFER SYSTEM MARKET, BY REGION, 2020 VS. 2025 (USD MILLION)     136

TABLE 80              FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (‘000 UNITS)                136

TABLE 81              FLUID TRANSFER SYSTEM MARKET, BY REGION, 2018–2025 (USD MILLION)           137

12.2        ASIA PACIFIC     137

FIGURE 35           ASIA PACIFIC: FLUID TRANSFER SYSTEM MARKET SNAPSHOT      138

TABLE 82              ASIA PACIFIC: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY,  2018–2025 (‘000 UNITS)              139

TABLE 83              ASIA PACIFIC: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY,  2018–2025 (USD MILLION)         139

12.2.1    CHINA   139

12.2.1.1                Growing popularity of TGDI expected to drive the market            139

TABLE 84              CHINA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)            140

TABLE 85              CHINA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)      140

12.2.2    INDIA    141

12.2.2.1                Stringent emission standards and growing BEV sales to drive the market               141

TABLE 86              INDIA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)             141

TABLE 87              INDIA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)        142

12.2.3    JAPAN  142

12.2.3.1                Popularity of automatic transmission to drive the market              142

TABLE 88              JAPAN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)           143

TABLE 89              JAPAN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)      143

12.2.4    SOUTH KOREA   144

12.2.4.1                Increasing gasoline models expected to drive the market             144

TABLE 90              SOUTH KOREA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)            144

TABLE 91              SOUTH KOREA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)      145

12.2.5    THAILAND           145

12.2.5.1                Stringent emission norms expected to drive the market                145

TABLE 92              THAILAND: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)    146

TABLE 93              THAILAND: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)               146

12.2.6    REST OF ASIA PACIFIC    147

TABLE 94              REST OF ASIA PACIFIC: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)                147

TABLE 95              REST OF ASIA PACIFIC: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)                148

12.3        EUROPE               148

FIGURE 36           EUROPE: FLUID TRANSFER SYSTEM MARKET SNAPSHOT,  2020 VS. 2025 (USD MILLION)  149

TABLE 96              EUROPE: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY, 2018–2025 (‘000 UNITS)         149

TABLE 97              EUROPE: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)    150

12.3.1    GERMANY           150

12.3.1.1                Decline in diesel vehicles expected to impact the market              150

TABLE 98              GERMANY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)    151

TABLE 99              GERMANY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)              151

12.3.2    FRANCE                152

12.3.2.1                Increasing adoption of rear AC lines to drive the market                152

TABLE 100            FRANCE: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)         152

TABLE 101            FRANCE: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)   153

12.3.3    RUSSIA 153

12.3.3.1                Growing popularity of premium vehicles expected to drive the market  153

TABLE 102            RUSSIA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)          154

TABLE 103            RUSSIA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)     154

12.3.4    SPAIN   155

12.3.4.1                Recent implementation of Euro 6 norms to drive the market       155

TABLE 104            SPAIN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)            155

TABLE 105            SPAIN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)       156

12.3.5    UK          156

12.3.5.1                Increasing sales of gasoline vehicles expected to drive the market           156

TABLE 106            UK: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (‘000 UNITS)    157

TABLE 107            UK: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)               157

12.3.6    TURKEY                158

12.3.6.1                Growing presence of foreign luxury automakers to drive the market      158

TABLE 108            TURKEY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)         158

TABLE 109            TURKEY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)    159

12.3.7    ITALY     159

12.3.7.1                Preference for premium passenger cars to drive the market       159

TABLE 110            ITALY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)              160

TABLE 111            ITALY: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)         160

12.3.8    REST OF EUROPE              161

TABLE 112            REST OF EUROPE: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)       161

TABLE 113            REST OF EUROPE: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)  161

12.4        NORTH AMERICA             162

FIGURE 37           NORTH AMERICA: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY, 2020 VS. 2025 (USD MILLION)            163

TABLE 114            NORTH AMERICA: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY,  2018–2025 (‘000 UNITS)      163

TABLE 115            NORTH AMERICA: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY,  2018–2025 (USD MILLION) 164

12.4.1    CANADA              164

12.4.1.1                Emission standards for large-sized gasoline vehicles to drive the market                164

TABLE 116            CANADA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)       165

TABLE 117            CANADA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)  165

12.4.2    MEXICO               166

12.4.2.1                Free trade agreements with US to drive the market        166

TABLE 118            MEXICO: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)        166

TABLE 119            MEXICO: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)   167

12.4.3    US          167

12.4.3.1                Adoption of aftertreatment devices in LCVs to drive the market                167

TABLE 120            US: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (‘000 UNITS)    168

TABLE 121            US: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)               168

12.5        REST OF THE WORLD (ROW)        169

FIGURE 38           ROW: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY,  2020 VS. 2025 (USD MILLION)   169

TABLE 122            ROW: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY, 2018–2025 (‘000 UNITS)                169

TABLE 123            ROW: FLUID TRANSFER SYSTEM MARKET, BY COUNTRY, 2018–2025 (USD MILLION)          170

12.5.1    BRAZIL  170

12.5.1.1                Trade agreements with US and Canada expected to drive the market     170

TABLE 124            BRAZIL: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)           171

TABLE 125            BRAZIL: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)      171

12.5.2    IRAN      172

12.5.2.1                Government efforts to promote cleaner fuel vehicles expected to drive the market       172

TABLE 126            IRAN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (‘000 UNITS)                172

TABLE 127            IRAN: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)         172

12.5.3    SOUTH AFRICA  173

12.5.3.1                Launch of premium vehicles expected to drive the market           173

TABLE 128            SOUTH AFRICA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)           173

TABLE 129            SOUTH AFRICA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)      174

12.5.4    ARGENTINA       174

12.5.4.1                Government plans to strengthen automobile investments to drive the market  174

TABLE 130            ARGENTINA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)                175

TABLE 131            ARGENTINA: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)           175

12.5.5    REST OF ROW    176

TABLE 132            REST OF ROW: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (‘000 UNITS)             176

TABLE 133            REST OF ROW: FLUID TRANSFER SYSTEM MARKET, BY EQUIPMENT TYPE,  2018–2025 (USD MILLION)        177

13           RECOMMENDATIONS BY MARKETSANDMARKETS            178

13.1        ASIA PACIFIC IS A POTENTIAL MARKET FOR FLUID TRANSFER SYSTEMS   178

13.2        COMPANIES SHOULD INCREASE FOCUS ON LIGHTWEIGHT YET HIGHLY EFFECTIVE MATERIALS     178

13.3        GROWING DEMAND OF ELECTRIC VEHICLES DRIVING FLUID TRANSFER SYSTEM MARKET               179

13.4        CONCLUSION    179

14           COMPETITIVE LANDSCAPE           180

14.1        INTRODUCTION                180

14.2        STAR      180

14.3        EMERGING LEADER         180

14.4        PERVASIVE         180

14.5        PARTICIPANT     181

14.6        COMPETITIVE LEADERSHIP MAPPING: FLUID TRANSFER SYSTEM MANUFACTURERS         181

14.6.1    COMPETITIVE BENCHMARKING                182

14.6.1.1                Company-wise product offering analysis               182

14.6.1.2                Company-wise business strategy analysis             183

14.7        MARKET EVALUATION FRAMEWORK      184

FIGURE 39           MARKET EVALUATION FRAMEWORK: FLUID TRANSFER SYSTEM MARKET              184

14.8        FLUID TRANSFER SYSTEM: MARKET SHARE ANALYSIS      185

FIGURE 40           FLUID TRANSFER SYSTEM MARKET SHARE, 2019 185

14.9        REVENUE ANALYSIS OF TOP 5 PLAYERS  185

FIGURE 41           FLUID TRANSFER SYSTEM REVENUE ANALYSIS, 2017-2019             185

14.10     KEY PLAYER STRATEGIES/RIGHT TO WIN                187

FIGURE 42           KEY GROWTH STRATEGIES BY FLUID TRANSFER SYSTEM MANUFACTURERS, 2018–2020   188

14.11     COMPETITIVE SCENARIO              189

14.11.1  NEW PRODUCT DEVELOPMENT 189

TABLE 134            NEW PRODUCT DEVELOPMENTS               189

14.11.2  ACQUISITION/PARTNERSHIP/COLLABORATION 189

TABLE 135            ACQUISITIONS/PARTNERSHIPS/COLLABORATIONS          189

14.11.3  EXPANSION        190

TABLE 136            EXPANSIONS     190

14.11.4  JOINT VENTURES/SUPPLY CONTRACTS  190

TABLE 137            JOINT VENTURES/SUPPLY CONTRACT     191

15           COMPANY PROFILES      192

(Business overview, Products offered, Recent Developments, MNM view)*

15.1        COOPER STANDARD       192

FIGURE 43           COOPER STANDARD: COMPANY SNAPSHOT        192

TABLE 138            COOPER STANDARD: ORGANIC DEVELOPMENTS               193

TABLE 139            COOPER STANDARD: INORGANIC DEVELOPMENTS          193

15.2        KONGSBERG AUTOMOTIVE        195

FIGURE 44           KONGSBERG AUTOMOTIVE: COMPANY SNAPSHOT         195

TABLE 140            KONGSBERG AUTOMOTIVE: ORGANIC DEVELOPMENTS                196

15.3        CONTITECH         197

FIGURE 45           CONTITECH: COMPANY SNAPSHOT         197

TABLE 141            CONTITECH: ORGANIC DEVELOPMENTS                198

TABLE 142            CONTITECH: INORGANIC DEVELOPMENTS            198

15.4        AKWEL  200

FIGURE 46           AKWEL: COMPANY SNAPSHOT  200

15.5        TI FLUID SYSTEMS            202

FIGURE 47           TI FLUID SYSTEMS: COMPANY SNAPSHOT             202

TABLE 143            TI FLUID SYSTEMS: INORGANIC DEVELOPMENTS               203

15.6        LANDER AUTOMOTIVE  205

15.7        HUTCHINSON    206

FIGURE 48           HUTCHINSON: COMPANY SNAPSHOT     206

TABLE 144            HUTCHINSON: INORGANIC DEVELOPMENTS       206

15.8        TRISTONE            207

TABLE 145            TRISTONE: ORGANIC DEVELOPMENTS    208

TABLE 146            TRISTONE: INORGANIC DEVELOPMENTS               208

15.9        CASTELLO ITALIA              209

15.10     GATES CORPORATION   210

FIGURE 49           GATES CORPORATION: COMPANY SNAPSHOT    210

TABLE 147            GATES CORPORATION: ORGANIC DEVELOPMENTS           211

15.11     ADDITIONAL COMPANIES            212

15.11.1  NORTH AMERICA             212

15.11.1.1              Pirtek fluid transfer solutions     212

15.11.1.2              AGS       212

15.11.1.3              Graco, Inc.          212

15.11.1.4              Balcrank corporation, INC.           212

15.11.1.5              Reelcraft              213

15.11.2  ASIA PACIFIC     214

15.11.2.1              Sanoh Industrial Co., Ltd.              214

15.11.2.2              Macnaught Pty Ltd.         214

15.11.2.3              Calex Auto Pvt. Ltd.        214

15.11.3  EUROPE               215

15.11.3.1              Delfingen            215

15.11.3.2              KROS Otomotiv Sanayi ve Tic A.S.             215

*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

16           APPENDIX           216

16.1        CURRENCY & PRICING   216

TABLE 148            CURRENCY EXCHANGE RATES (WRT PER USD)     216

16.2        INSIGHTS OF INDUSTRY EXPERTS              217

16.3        DISCUSSION GUIDE        218

16.4        KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL   225

16.5        AVAILABLE CUSTOMIZATIONS   227

16.5.1    FLUID TRANSFER SYSTEM MARKET, BY BATTERY COOLING APPLICATION                227

16.5.1.1                BEV        227

16.5.1.2                PHEV     227

16.5.1.3                MILD HYBRID     227

16.5.2    ELECTRIC & HYBRID VEHICLE FLUID TRANSFER SYSTEM MARKET,  BY TYPE              227

16.5.2.1                Air suspension lines        227

16.5.2.2                AC lines                227

16.5.2.3                Battery cooling lines       227

16.5.2.4                Transmission oil cooling lines      227

16.5.2.5                Fuel lines             227

16.5.2.6                Brake lines          227

16.6        RELATED REPORTS           228

16.7        AUTHOR DETAILS             229

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Autonomous Forklift Market by Tonnage Capacity (<5, 5-10, >10), Navigation Technology (Laser, Vision, Optical Tape, Magnetic, Inductive Guidance), Sal...

Publisher:        MarketsandMarkets

# of Pages:        248

Rating: 

1 User License $4,950

Publication Date:  April, 2022

Price:       $4,950 / User License




1 INTRODUCTION 26
1.1 OBJECTIVES 26
1.2 MARKET DEFINITION 27
1.2.1 INCLUSIONS & EXCLUSIONS 27
1.3 MARKET SCOPE 28
FIGURE 1 AUTONOMOUS FORKLIFT MARKET: MARKET SEGMENTATION 28
FIGURE 2 AUTONOMOUS FORKLIFT MARKET: BY REGION 28
1.3.1 YEARS CONSIDERED IN THE STUDY 29
1.4 CURRENCY 29
1.5 LIMITATIONS 29
1.6 STAKEHOLDERS 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 3 AUTONOMOUS FORKLIFT MARKET: RESEARCH DESIGN 30
FIGURE 4 RESEARCH METHODOLOGY MODEL 31
2.1.1 SECONDARY DATA 32
2.1.1.1 List of Key secondary sources to estimate base numbers 32
2.1.1.2 Key data from secondary sources 33
2.1.2 PRIMARY DATA 34
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS 34
2.1.2.1 Sampling techniques & data collection methods 35
2.2 MARKET ESTIMATION METHODOLOGY 35
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 36
2.2.1 BOTTOM-UP APPROACH 37
FIGURE 7 BOTTOM-UP APPROACH: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 37
2.2.2 TOP-DOWN APPROACH 38
FIGURE 8 TOP-DOWN APPROACH: AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, END USE INDUSTRY, TYPE, SALES CHANNEL, PROPULSION AND NAVIGATION TECHNOLOGY 38
FIGURE 9 AUTONOMOUS FORKLIFT MARKET: RESEARCH DESIGN & METHODOLOGY 38
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 39
FIGURE 10 DATA TRIANGULATION 39
2.4 FACTOR ANALYSIS 40
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE 40
2.5 RESEARCH ASSUMPTIONS 41
2.6 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
3.1 PRE- & POST-COVID-19 SCENARIOS 43
FIGURE 11 PRE- & POST-COVID-19: AUTONOMOUS FORKLIFT MARKET,
2019–2027 (USD MILLION) 43
TABLE 1 AUTONOMOUS FORKLIFT MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2019–2027 (USD MILLION) 43
3.2 REPORT SUMMARY 44
FIGURE 12 AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021 VS. 2027 (USD MILLION) 45
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES IN AUTONOMOUS FORKLIFT MARKET 47
FIGURE 13 RISE IN DEMAND FOR AUTOMATED MATERIAL HANDLING EQUIPMENT EXPECTED TO DRIVE GLOBAL MARKET 47
4.2 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 47
FIGURE 14 BELOW 5 TON AUTONOMOUS FORKLIFT ESTIMATED TO ACCOUNT FOR LARGER MARKET SHARE, BY VALUE 47
4.3 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY 48
FIGURE 15 VISION GUIDANCE SEGMENT TO HAVE FASTEST GROWTH DURING FORECAST PERIOD 48
4.4 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY 48
FIGURE 16 FOOD AND BEVERAGES SEGMENT TO ACCOUNT FOR LARGEST SHARE
IN 2021 48
4.5 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL 49
FIGURE 17 IN-HOUSE PURCHASE SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2021 49
4.6 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION 49
FIGURE 18 ELECTRIC AUTONOMOUS FORKLIFT TO LEAD THE MARKET DURING FORECAST PERIOD 49
4.7 AUTONOMOUS FORKLIFT MARKET, BY TYPE 50
FIGURE 19 INDOOR SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD 50
4.8 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION 50
FIGURE 20 MATERIAL HANDLING SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 50
4.9 AUTONOMOUS FORKLIFT MARKET, BY REGION 51
FIGURE 21 ASIA PACIFIC DOMINATED THE AUTONOMOUS FORKLIFT MARKET IN 2021 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 53
FIGURE 22 AUTONOMOUS FORKLIFT MARKET: MARKET DYNAMICS 53
5.2.1 DRIVERS 53
5.2.1.1 Increasing demand for automated warehouses and automated material handling equipment 53
FIGURE 23 COST BREAKDOWN OF NON-AUTONOMOUS VS. AUTONOMOUS FORKLIFTS 54
FIGURE 24 GLOBAL WAREHOUSE AUTOMATION MARKET, BY VALUE (2016-2025) 55
5.2.1.2 Growth in e-commerce, logistics, and warehousing sectors 55
FIGURE 25 GLOBAL E-COMMERCE MARKET, BY VALUE (2018-2025) 56
5.2.2 RESTRAINTS 56
5.2.2.1 High integration and switching costs due to AI and WMS 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Usage of 5G connectivity in future for warehouse operations 56
5.2.3.2 Development of IoT integrated autonomous forklifts 57
5.2.4 CHALLENGES 57
5.2.4.1 Technical challenges related to sensing elements 57
5.2.4.2 Susceptibility of autonomous forklifts and automated warehouses to cyberattacks 58
5.3 AUTONOMOUS FORKLIFT MARKET SCENARIO 58
FIGURE 26 AUTONOMOUS FORKLIFT MARKET SCENARIO, 2019–2027 (USD MILLION) 58
5.3.1 REALISTIC SCENARIO 59
TABLE 2 AUTONOMOUS FORKLIFT MARKET (REALISTIC SCENARIO), BY REGION, 2019–2027 (USD MILLION) 59
5.3.2 HIGH COVID-19 IMPACT SCENARIO 59
TABLE 3 AUTONOMOUS FORKLIFT MARKET (HIGH COVID-19 IMPACT SCENARIO),
BY REGION, 2019–2027 (USD MILLION) 60
5.3.3 LOW COVID-19 IMPACT SCENARIO 60
TABLE 4 AUTONOMOUS FORKLIFT MARKET (LOW COVID-19 IMPACT SCENARIO),
BY REGION, 2019–2027 (USD MILLION) 60
5.4 PORTER’S FIVE FORCES ANALYSIS 61
FIGURE 27 PORTER’S FIVE FORCES ANALYSIS: PRESENCE OF ESTABLISHED GLOBAL PLAYERS INCREASES DEGREE OF COMPETITION 61
5.4.1 PORTER’S FIVE FORCES ANALYSIS 61
TABLE 5 PORTER’S FIVE FORCES ANALYSIS 61
5.4.2 THREAT OF SUBSTITUTES 62
5.4.3 THREAT OF NEW ENTRANTS 62
5.4.4 BARGAINING POWER OF BUYERS 62
5.4.5 BARGAINING POWER OF SUPPLIERS 62
5.4.6 INTENSITY OF COMPETITIVE RIVALRY 62
5.5 TRENDS/DISRUPTIONS IMPACTING AUTONOMOUS FORKLIFT MARKET 63
FIGURE 28 REVENUE SHIFT FOR AUTONOMOUS FORKLIFT MARKET 63
5.6 AUTONOMOUS FORKLIFT MARKET ECOSYSTEM 64
FIGURE 29 AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET ECOSYSTEM 64
FIGURE 30 AUTONOMOUS FORKLIFT MARKET ECOSYSTEM 65
TABLE 6 AUTONOMOUS FORKLIFT MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM 65
5.7 SUPPLY CHAIN ANALYSIS 66
FIGURE 31 SUPPLY CHAIN ANALYSIS: AUTONOMOUS FORKLIFT MARKET 66
5.8 PATENT ANALYSIS 67
 
5.9 AVERAGE SELLING PRICE ANALYSIS 69
5.9.1 AVERAGE REGIONAL PRICE TREND: AUTONOMOUS FORKLIFTS, 2021 69
5.9.2 AVERAGE REGIONAL PRICE TREND: AUTONOMOUS FORKLIFTS, BY TONNAGE CAPACITY, 2021 70
5.10 CASE STUDY 70
5.10.1 USE CASE 1: HAVAL PRODUCTION PLANT 70
5.10.2 USE CASE 2: PANASONIC ENERGY BELGIUM NV 71
5.10.3 USE CASE 3: IMPLEMENTING DEMATIC’S AUTONOMOUS FORKLIFT TO REDUCE DELIVERY TIME AT L‘ORÉAL 71
5.10.4 USE CASE 4: AER MANUFACTURING 71
5.11 KEY CONFERENCES & EVENTS IN 2022-2023 72
TABLE 7 AUTONOMOUS FORKLIFT MARKET: DETAILED LIST OF CONFERENCES & EVENTS 72
5.12 REGULATORY FRAMEWORK 73
5.12.1 NORTH AMERICA 73
5.12.2 EUROPE 73
5.12.3 ASIA PACIFIC 73
5.13 TECHNOLOGY ANALYSIS 74
5.13.1 INDUSTRY 4.0 74
5.13.2 5G CONNECTIVITY 74
5.13.3 PREDICTIVE ANALYTICS 74
5.13.4 MACHINE LEARNING (ML) 74
6 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 75
Note: The market size and forecast of each tonnage capacity autonomous forklift is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
6.1 INTRODUCTION 76
6.1.1 RESEARCH METHODOLOGY 76
6.1.2 ASSUMPTIONS 76
6.1.3 INDUSTRY INSIGHTS 77
FIGURE 32 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021 VS. 2027 (USD MILLION) 77
TABLE 8 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 77
TABLE 9 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 77
TABLE 10 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 78
TABLE 11 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 78
6.2 BELOW 5 TONS 78
6.2.1 EASY OPERATIONAL FLEXIBILITY IN COMPACT WAREHOUSES TO DRIVE DEMAND 78
TABLE 12 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 79
TABLE 13 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 79
TABLE 14 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 79
TABLE 15 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 80
6.3 5-10 TONS 80
6.3.1 GROWING ELECTRIC INFRASTRUCTURE TO DRIVE DEMAND 80
TABLE 16 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 80
TABLE 17 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 81
TABLE 18 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 81
TABLE 19 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 81
6.4 ABOVE 10 TONS 82
6.4.1 USAGE IN HEAVY-DUTY OPERATIONS TO DRIVE DEMAND 82
TABLE 20 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 82
TABLE 21 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 82
TABLE 22 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 83
TABLE 23 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 83
7 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION 84
Note: The market size and forecast of each application is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
7.1 INTRODUCTION 85
7.1.1 RESEARCH METHODOLOGY 85
7.1.2 ASSUMPTIONS 85
7.1.3 INDUSTRY INSIGHTS 86
FIGURE 33 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2021 VS 2027 (USD MILLION) 86
TABLE 24 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, 2018–2020 (UNITS) 86
TABLE 25 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, 2021–2027 (UNITS) 87
TABLE 26 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2018–2020 (USD MILLION) 87
TABLE 27 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2021–2027 (USD MILLION) 87
7.2 MANUFACTURING 88
7.2.1 BENEFITS LIKE EFFICIENCY OF OPERATIONS TO DRIVE DEMAND 88
TABLE 28 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 88
TABLE 29 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 88
TABLE 30 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 89
TABLE 31 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 89
7.3 WAREHOUSING 89
7.3.1 INCREASING PRODUCT DIFFERENTIATION AND REDUCED PALLET SIZE TO DRIVE DEMAND 89
TABLE 32 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 90
TABLE 33 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 90
TABLE 34 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 90
TABLE 35 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 91
7.4 MATERIAL HANDLING 91
7.4.1 INCREASE IN DATA-DRIVEN AUTOMATED TECHNOLOGY TO DRIVE DEMAND 91
TABLE 36 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 91
TABLE 37 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 92
TABLE 38 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 92
TABLE 39 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 92
7.5 LOGISTICS AND FREIGHT 93
7.5.1 NEED FOR REDUCTION IN DELIVERY TIME AND RISING CONCERNS OVER DAMAGES AND LOSS OF GOODS TO DRIVE DEMAND 93
TABLE 40 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 93
TABLE 41 LOGISTICS AND FREIGHT SENSOR MARKET, BY REGION, 2021–2027 (UNITS) 93
TABLE 42 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 94
TABLE 43 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 94
7.6 OTHER APPLICATIONS 94
TABLE 44 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 95
TABLE 45 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 95
TABLE 46 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 95
TABLE 47 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 96
 
8 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY 97
Note: The market size and forecast of each navigation technology is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
8.1 INTRODUCTION 98
8.1.1 RESEARCH METHODOLOGY 98
8.1.2 ASSUMPTIONS 98
8.1.3 INDUSTRY INSIGHTS 99
FIGURE 34 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2021 VS 2027 (USD MILLION) 99
TABLE 48 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2018–2020 (USD MILLION) 99
TABLE 49 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2021–2027 (USD MILLION) 100
8.2 LASER GUIDANCE 100
8.2.1 SPEED, ACCURACY, GROWING PRODUCT DIFFERENTIATION,
AND COMPLEXITIES OF AGV TRACKS TO DRIVE DEMAND 100
TABLE 50 LASER GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 101
TABLE 51 LASER GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 101
8.3 MAGNETIC GUIDANCE 102
8.3.1 EASE OF INSTALLATION AND LOW COST OF OPERATION TO DRIVE DEMAND 102
TABLE 52 MAGNETIC GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 102
TABLE 53 MAGNETIC GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 102
8.4 INDUCTIVE GUIDANCE 103
8.4.1 GROWING APPLICATIONS IN OUTDOOR ENVIRONMENTS TO DRIVE DEMAND 103
TABLE 54 INDUCTIVE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 103
TABLE 55 INDUCTIVE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 103
8.5 OPTICAL TAPE GUIDANCE 104
8.5.1 GROWING APPLICATIONS IN NON-INDUSTRIAL SETTINGS TO DRIVE DEMAND 104
TABLE 56 OPTICAL TAPE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 104
TABLE 57 OPTICAL TAPE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 104
8.6 VISION GUIDANCE 105
8.6.1 REAL-TIME PATH OPTIMIZATION AND OBSTACLE DETECTION TO DRIVE DEMAND 105
TABLE 58 VISION GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 105
TABLE 59 VISION GUIDANCE AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 105
8.7 OTHER NAVIGATION TECHNOLOGIES 106
TABLE 60 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 106
TABLE 61 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (SUNDAY, FAUSD MILLION) 106
9 AUTONOMOUS FORKLIFT MARKET, BY END USE INDUSTRY 107
Note: The market size and forecast of each end use industry is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
9.1 INTRODUCTION 108
9.1.1 RESEARCH METHODOLOGY 108
9.1.2 ASSUMPTIONS 108
9.1.3 INDUSTRY INSIGHTS 109
FIGURE 35 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2021 VS 2027 (USD MILLION) 109
TABLE 62 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY, 2018–2020 (UNITS) 110
TABLE 63 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY, 2021–2027 (UNITS) 110
TABLE 64 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2018–2020 (USD MILLION) 111
TABLE 65 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2021–2027 (USD MILLION) 111
9.2 THIRD-PARTY LOGISTICS (3PL) 112
9.2.1 NEED FOR SAFE AND SPEEDY STORAGE TO DRIVE DEMAND 112
TABLE 66 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 112
TABLE 67 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 113
TABLE 68 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 113
TABLE 69 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 113
9.3 FOOD & BEVERAGES 114
9.3.1 NEED TO REDUCE OPERATIONAL COSTS TO DRIVE DEMAND 114
TABLE 70 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 114
TABLE 71 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 115
TABLE 72 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 115
TABLE 73 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 115
9.4 AUTOMOTIVE 116
9.4.1 NEED FOR EFFICIENT INVENTORY MANAGEMENT TO DRIVE DEMAND 116
TABLE 74 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 116
TABLE 75 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 117
TABLE 76 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 117
TABLE 77 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 117
9.5 PAPER & PULP 118
9.5.1 NEED FOR OPTIMIZATION OF BOTTLENECKS TO DRIVE DEMAND 118
TABLE 78 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 118
TABLE 79 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 119
TABLE 80 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 119
TABLE 81 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 119
9.6 METALS & HEAVY MACHINERY 120
9.6.1 NEED FOR EFFICIENT OPERATIONS TO DRIVE DEMAND 120
TABLE 82 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (UNITS) 120
TABLE 83 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (UNITS) 121
TABLE 84 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (USD MILLION) 121
TABLE 85 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (USD MILLION) 121
9.7 E-COMMERCE 122
9.7.1 NEED TO OPTIMIZE WAREHOUSING OPERATIONS TO DRIVE DEMAND 122
TABLE 86 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 122
TABLE 87 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 123
TABLE 88 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 123
TABLE 89 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 123
9.8 AVIATION 124
9.8.1 INCREASING MANUFACTURING AND ASSEMBLY OPERATIONS TO DRIVE DEMAND 124
TABLE 90 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 124
TABLE 91 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 124
TABLE 92 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 125
TABLE 93 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 125
9.9 SEMICONDUCTORS & ELECTRONICS 125
9.9.1 NEED FOR CLEANROOM WAREHOUSING PROCESS TO DRIVE DEMAND 125
TABLE 94 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (UNITS) 126
TABLE 95 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (UNITS) 126
TABLE 96 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (USD MILLION) 126
TABLE 97 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (USD MILLION) 127
9.10 CHEMICAL 127
9.10.1 NEED TO ENSURE WORKPLACE SAFETY OF EMPLOYEES AND MANAGE WORKFLOW EFFECTIVELY TO DRIVE DEMAND 127
TABLE 98 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 127
TABLE 99 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 128
TABLE 100 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 128
TABLE 101 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 128
9.11 HEALTHCARE 129
9.11.1 NEED FOR AUTOMATED WAREHOUSING OPERATIONS TO DRIVE DEMAND 129
TABLE 102 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 129
TABLE 103 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 130
TABLE 104 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 130
TABLE 105 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 130
9.12 OTHERS 131
TABLE 106 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 131
TABLE 107 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 132
TABLE 108 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 132
TABLE 109 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 132
10 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION 133
Note: The market size and forecast of each propulsion type is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
10.1 INTRODUCTION 134
10.1.1 RESEARCH METHODOLOGY 134
10.1.2 ASSUMPTIONS 134
10.1.3 INDUSTRY INSIGHTS 135
FIGURE 36 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2021 VS. 2027 (USD MILLION) 135
TABLE 110 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION, 2018–2020 (UNITS) 135
TABLE 111 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION, 2021–2027 (UNITS) 136
TABLE 112 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2018–2020 (USD MILLION) 136
TABLE 113 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2021–2027 (USD MILLION) 136
10.2 ELECTRIC 137
10.2.1 FOCUS ON ZERO-EMISSION WORKING ENVIRONMENT TO DRIVE DEMAND 137
TABLE 114 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 137
TABLE 115 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 137
TABLE 116 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 138
TABLE 117 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 138
10.3 INTERNAL COMBUSTION ENGINE (ICE) 138
10.3.1 INCREASE IN HEAVY-DUTY OPERATIONS TO DRIVE DEMAND 138
TABLE 118 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 139
TABLE 119 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 139
TABLE 120 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 139
TABLE 121 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 140
10.4 ALTERNATE FUELS 140
10.4.1 GROWING HEAVY INDUSTRY OPERATIONS AND CHANGING PRICES OF CONVENTIONAL FUELS TO DRIVE DEMAND 140
TABLE 122 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 140
TABLE 123 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 141
TABLE 124 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 141
TABLE 125 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 141
11 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL 142
Note: The market size and forecast of each sales channel is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
11.1 INTRODUCTION 143
11.1.1 RESEARCH METHODOLOGY 143
11.1.2 ASSUMPTIONS 143
11.1.3 INDUSTRY INSIGHTS 144
FIGURE 37 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2021 VS. 2027 (USD MILLION) 144
TABLE 126 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL, 2018–2020 (UNITS) 144
TABLE 127 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL, 2021–2027 (UNITS) 144
TABLE 128 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2018–2020 (USD MILLION) 145
TABLE 129 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2021–2027 (USD MILLION) 145
11.2 IN-HOUSE PURCHASE 145
11.2.1 LONG DURATION USAGE TO DRIVE DEMAND 145
TABLE 130 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 146
TABLE 131 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 146
TABLE 132 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 146
TABLE 133 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 147
11.3 LEASING 147
11.3.1 NEED FOR BUDGETING STABILITY TO DRIVE DEMAND 147
TABLE 134 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 147
TABLE 135 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 148
TABLE 136 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 148
TABLE 137 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 148
12 AUTONOMOUS FORKLIFT MARKET, BY TYPE 149
Note: The market size and forecast of each type is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
12.1 INTRODUCTION 150
12.1.1 RESEARCH METHODOLOGY 150
12.1.2 ASSUMPTIONS 150
12.1.3 INDUSTRY INSIGHTS 151
FIGURE 38 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021 VS 2027 (USD MILLION) 151
TABLE 138 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2018–2020 (UNITS) 151
TABLE 139 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021–2027 (UNITS) 151
TABLE 140 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2018–2020 (USD MILLION) 152
TABLE 141 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021–2027 (USD MILLION) 152
12.2 INDOOR 152
12.2.1 GROWTH OF GLOBAL E-COMMERCE INDUSTRY TO DRIVE DEMAND 152
TABLE 142 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 153
TABLE 143 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 153
TABLE 144 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 153
TABLE 145 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 153
12.3 OUTDOOR 154
12.3.1 GROWING AUTOMATION IN LOGISTICS AND FREIGHT SECTOR TO DRIVE DEMAND 154
TABLE 146 OUTDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 154
TABLE 147 OUTDOOR AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 155
TABLE 148 OUTDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 155
TABLE 149 OUTDOOR AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 155
13 AUTONOMOUS FORKLIFT MARKET, BY REGION 156
Note: The market size and forecast of each country is further segmented into autonomous forklift tonnage capacity – Below 5 Tons, 5-10 Tons, and Above 10 Tons
13.1 INTRODUCTION 157
13.1.1 RESEARCH METHODOLOGY 157
13.1.2 ASSUMPTIONS 158
13.1.3 INDUSTRY INSIGHTS 158
FIGURE 39 AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021 VS. 2027 (USD MILLION) 158
TABLE 150 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 159
TABLE 151 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 159
TABLE 152 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 159
TABLE 153 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 160
13.2 ASIA PACIFIC 160
FIGURE 40 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 161
TABLE 154 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 161
TABLE 155 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 162
TABLE 156 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 162
TABLE 157 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 162
13.2.1 CHINA 163
13.2.1.1 Growth of industrial sector to drive the market 163
TABLE 158 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 163
TABLE 159 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 164
TABLE 160 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 164
TABLE 161 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 164
13.2.2 INDIA 165
13.2.2.1 Growth of automotive and e-commerce sectors to drive the market 165
TABLE 162 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 165
TABLE 163 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 165
TABLE 164 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 166
TABLE 165 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 166
13.2.3 JAPAN 166
13.2.3.1 Growth of automation technologies to drive the market 166
TABLE 166 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 167
TABLE 167 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 167
TABLE 168 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 167
TABLE 169 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 167
13.2.4 SOUTH KOREA 168
13.2.4.1 Demand for increased efficiency to drive the market 168
TABLE 170 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 168
TABLE 171 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 168
TABLE 172 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 169
TABLE 173 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 169
13.3 NORTH AMERICA 169
FIGURE 41 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 170
TABLE 174 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 171
TABLE 175 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 171
TABLE 176 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 171
TABLE 177 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 171
13.3.1 US 172
13.3.1.1 Inclination toward automation process to drive the market 172
TABLE 178 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 172
TABLE 179 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 172
TABLE 180 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 173
TABLE 181 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 173
13.3.2 MEXICO 173
13.3.2.1 Growth of foreign manufacturing units to drive the market 173
TABLE 182 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 174
TABLE 183 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 174
TABLE 184 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 174
TABLE 185 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 174
13.3.3 CANADA 175
13.3.3.1 Growing export infrastructure to drive the market 175
TABLE 186 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 175
TABLE 187 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 175
TABLE 188 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 176
TABLE 189 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 176
13.4 EUROPE 176
FIGURE 42 EUROPE: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 177
TABLE 190 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 178
TABLE 191 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 178
TABLE 192 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 178
TABLE 193 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 179
13.4.1 GERMANY 179
13.4.1.1 High-volume logistics sector to drive the market 179
TABLE 194 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 180
TABLE 195 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 180
TABLE 196 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 180
TABLE 197 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 181
13.4.2 UK 181
13.4.2.1 Increase in automation in automotive sector to drive the market 181
TABLE 198 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 182
TABLE 199 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 182
TABLE 200 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 182
TABLE 201 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 182
13.4.3 FRANCE 183
13.4.3.1 Need for automation technology in growing industrial sectors to drive the market 183
TABLE 202 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 183
TABLE 203 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 184
TABLE 204 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 184
TABLE 205 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 184
13.4.4 RUSSIA 185
13.4.4.1 Expansion of warehouses to drive the market 185
TABLE 206 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 185
TABLE 207 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 185
TABLE 208 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 185
TABLE 209 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 186
13.4.5 ITALY 186
13.4.5.1 Thriving e-commerce sector to drive the market 186
TABLE 210 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 186
TABLE 211 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 187
TABLE 212 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 187
TABLE 213 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 187
13.4.6 SPAIN 188
13.4.6.1 Strategic location for logistics and warehousing to drive the market 188
TABLE 214 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 188
TABLE 215 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 188
TABLE 216 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 189
TABLE 217 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 189
13.4.7 REST OF EUROPE 189
TABLE 218 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 190
TABLE 219 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 190
TABLE 220 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 190
TABLE 221 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 191

Lawn Mower Market by Type (Walk-Behind, Riding & Robotic), End Use (Residential & Commercial), Propulsion Type (ICE & Electric), Battery Type (Lithium...

Publisher:        MarketsandMarkets

# of Pages:        205

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Publication Date:  March, 2022

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1 INTRODUCTION 25
1.1 OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 26
TABLE 1 SEGMENT-WISE INCLUSIONS & EXCLUSIONS 26
1.3 MARKET SCOPE 27
FIGURE 1 MARKET SEGMENTATION: LAWN MOWER MARKET 27
1.3.1 YEARS CONSIDERED FOR THE STUDY 27
1.3.2 LAWN MOWER MARKET, BY REGION 28
1.4 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 LAWN MOWER MARKET: RESEARCH DESIGN 29
FIGURE 3 RESEARCH METHODOLOGY MODEL 30
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources to estimate base numbers 31
2.1.1.2 List of key secondary lawn mower sources 31
2.1.1.3 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 33
2.1.2.1 Sampling techniques & data collection methods 33
2.2 MARKET SIZE ESTIMATION 34
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 34
2.2.1 BOTTOM-UP APPROACH: LAWN MOWER MARKET, BY TYPE 35
FIGURE 6 BOTTOM-UP APPROACH: LAWN MOWER MARKET 35
2.2.2 TOP-DOWN APPROACH: LAWN MOWER MARKET 36
FIGURE 7 TOP-DOWN APPROACH: LAWN MOWER MARKET BY END USE, BATTERY TYPE, LAWN SIZE, AUTONOMY, PROPULSION TYPE 36
FIGURE 8 LAWN MOWER MARKET: RESEARCH DESIGN & METHODOLOGY 36
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 37
2.3 FACTOR ANALYSIS 38
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 9 DATA TRIANGULATION 39
2.4.1 GLOBAL ASSUMPTIONS 39
2.5 ASSUMPTIONS 40
2.6 RESEARCH LIMITATIONS 41
3 EXECUTIVE SUMMARY 42
3.1 PRE- VS POST-COVID-19 SCENARIO 42
FIGURE 10 PRE- VS POST-COVID-19 SCENARIO: LAWN MOWER MARKET,
2018–2027 (USD MILLION) 42
TABLE 2 LAWN MOWER MARKET: PRE- VS. POST-COVID-19 SCENARIO,
2019–2027 (USD MILLION) 42
3.2 REPORT SUMMARY 43
FIGURE 11 LAWN MOWER MARKET: MARKET OUTLOOK 43
FIGURE 12 LAWN MOWER MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 44
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES IN LAWN MOWER MARKET 46
FIGURE 13 INCREASING POPULARITY OF ELECTRIC AND ROBOTIC MODELS AND GROWING URBANIZATION TO DRIVE LAWN MOWER MARKET 46
4.2 LAWN MOWER MARKET, BY REGION 47
FIGURE 14 ASIA OCEANIA ESTIMATED TO BE FASTEST-GROWING LAWN MOWER MARKET DURING FORECAST PERIOD 47
4.3 LAWN MOWER MARKET, BY TYPE 47
FIGURE 15 ROBOTIC SEGMENT EXPECTED TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 47
4.4 LAWN MOWER MARKET, BY BATTERY TYPE 48
FIGURE 16 LITHIUM-ION SEGMENT ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD 48
4.5 LAWN MOWER MARKET, BY LAWN SIZE 48
FIGURE 17 MEDIUM LAWN SIZE MOWERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 48
4.6 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY 49
FIGURE 18 AUTONOMOUS LAWN MOWERS PROJECTED TO GROW WITH HIGHER CAGR THAN NON-AUTONOMOUS DURING FORECAST PERIOD 49
4.7 LAWN MOWER MARKET, BY END USE 49
FIGURE 19 COMMERCIAL SEGMENT ESTIMATED TO DOMINATE LAWN MOWER MARKET DURING FORECAST PERIOD 49
4.8 LAWN MOWER MARKET, BY PROPULSION TYPE 50
FIGURE 20 ELECTRIC LAWN MOWER SEGMENT TO DEMONSTRATE HIGH GROWTH DURING FORECAST PERIOD 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 21 LAWN MOWER MARKET: MARKET DYNAMICS 52
5.2.1 DRIVERS 52
5.2.1.1 Increased demand for lawn mowers for residential purposes 52
FIGURE 22 GDP PER CAPITA (CURRENT USD) 53
5.2.1.2 Growth in demand for lawn mowers for commercial purposes 53
5.2.2 RESTRAINTS 53
5.2.2.1 Trade barriers and protectionist policies among different regions 53
5.2.2.2 High cost of lawn mowers 53
5.2.3 OPPORTUNITIES 54
5.2.3.1 Developments and growing popularity of electric and robotic mowers to drive demand 54
5.2.3.2 Introduction of Robots-as- a-Service (RaaS) business model 55
5.2.4 CHALLENGES 55
5.2.4.1 High accident rates 55
5.2.4.2 Increasing safety regulations and stringent emission standards to impact demand 55
5.3 COVID-19 IMPACT ON LAWN MOWER INDUSTRY 56
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 56
FIGURE 23 REVENUE SHIFT FOR LAWN MOWER MARKET 56
5.5 LAWN MOWER MARKET SCENARIO 57
FIGURE 24 LAWN MOWER MARKET SCENARIO, 2022–2027 (USD MILLION) 57
5.5.1 MOST LIKELY/REALISTIC SCENARIO 57
TABLE 3 LAWN MOWER MARKET (REALISTIC SCENARIO), BY REGION,
2022–2027 (USD MILLION) 57
5.5.2 HIGH COVID-19 IMPACT SCENARIO 58
TABLE 4 LAWN MOWER MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2022–2027 (USD MILLION) 58
5.5.3 LOW COVID-19 IMPACT SCENARIO 58
TABLE 5 LAWN MOWER MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2022–2027 (USD MILLION) 58
5.6 PATENT ANALYSIS 59
5.7 VALUE CHAIN ANALYSIS 64
FIGURE 25 VALUE CHAIN ANALYSIS: LAWN MOWER MARKET 64
5.8 CASE STUDY ANALYSIS- BY GREENZIE-FORT ROBOTICS 65
5.9 TECHNOLOGY ANALYSIS 66
5.10 MARKET ECOSYSTEM 66
TABLE 6 LAWN MOWER MARKET: MARKET ECOSYSTEM 67
5.11 PRICING ANALYSIS 68
TABLE 7 AVERAGE PRICES OF LAWN MOWER TYPES, 2020-2022 68
5.12 PORTER’S FIVE FORCES ANALYSIS 69
FIGURE 26 PORTER’S FIVE FORCES IMPACT ON LAWN MOWER MARKET 69
5.12.1 THREAT OF NEW ENTRANTS 70
5.12.2 THREAT OF SUBSTITUTES 70
5.12.3 BARGAINING POWER OF SUPPLIERS 70
5.12.4 BARGAINING POWER OF BUYERS 70
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 71
5.13 TRADE ANALYSIS- MOWERS FOR LAWNS, PARKS, OR SPORTS GROUNDS 71
5.14 REGULATORY LANDSCAPE 74
5.15 KEY CONFERENCES & EVENTS IN 2022-2023 75
TABLE 8 LAWN MOWER MARKET: DETAILED LIST OF CONFERENCES & EVENTS 75
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
6 LAWN MOWER MARKET, BY DISTRIBUTION CHANNEL 77
6.1 INTRODUCTION 77
6.2 ONLINE DISTRIBUTION CHANNEL 77
6.2.1 INCREASE IN CUSTOMER PRESENCE ON DIGITAL PLATFORMS TO DRIVE DEMAND THROUGH ONLINE DISTRIBUTION CHANNEL 77
6.3 RETAIL DISTRIBUTION CHANNEL 77
6.3.1 RISE IN RETAIL STORES AND DEALER NETWORKS TO FUEL DEMAND THROUGH RETAIL CHANNEL 77
7 LAWN MOWER MARKET, BY TYPE 79
7.1 INTRODUCTION 80
7.1.1 RESEARCH METHODOLOGY 80
7.1.2 ASSUMPTIONS 80
7.1.3 INDUSTRY INSIGHTS: BY TYPE & REGION 81
FIGURE 27 LAWN MOWER MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 81
TABLE 9 LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 81
TABLE 10 LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 81
TABLE 11 LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 82
TABLE 12 LAWN MOWERMARKET, BY TYPE, 2022–2027 (USD MILLION) 82
7.2 RIDING LAWN MOWERS 82
7.2.1 INCREASING APPLICATION FOR MOWING LARGE SIZE LAWN SPACES EXPECTED TO FUEL SEGMENT GROWTH 82
TABLE 13 RIDING LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 83
TABLE 14 RIDING LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 83
TABLE 15 RIDING LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 83
TABLE 16 RIDING LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 83
7.3 WALK-BEHIND LAWN MOWERS 84
7.3.1 GROWING MARKET SHARE OF ROBOTIC AND RIDING MOWERS EXPECETD TO IMPACT WALK-BEHIND MOWER MARKET 84
TABLE 17 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 84
TABLE 18 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 84
TABLE 19 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 84
TABLE 20 WALK-BEHIND LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 85
7.4 ROBOTIC/AUTONOMOUS LAWN MOWERS 85
7.4.1 EUROPE TO BECOME LARGEST MARKET FOR ROBOTIC LAWN MOWERS 85
TABLE 21 ROBOTIC LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 85
TABLE 22 ROBOTIC LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 86
TABLE 23 ROBOTIC LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 86
TABLE 24 ROBOTIC LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 86
8 LAWN MOWERS MARKET, BY LAWN SIZE 87
8.1 INTRODUCTION 88
8.1.1 RESEARCH METHODOLOGY 88
8.1.2 ASSUMPTIONS 88
8.1.3 KEY INDUSTRY INSIGHTS 88
FIGURE 28 LAWN MOWER MARKET, BY LAWN SIZE, 2022 VS 2027 (USD MILLION) 89
TABLE 25 LAWN MOWER MARKET, BY LAWN SIZE, 2018–2021 (UNITS) 89
TABLE 26 LAWN MOWER MARKET, BY LAWN SIZE, 2022–2027 (UNITS) 89
8.2 SMALL LAWN SIZE 90
8.2.1 GROWING URBANIZATION RATE EXPECTED TO BE LARGEST MARKET WITH SMALL LAWN SIZE, DRIVING SALES FOR LAWN MOWERS 90
TABLE 27 SMALL LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 90
TABLE 28 SMALL LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 90
8.3 MEDIUM LAWN SIZE 91
8.3.1 GROWING COMMERCIAL PROPERTIES/SPACES EXPECTED TO FUEL MARKET 91
TABLE 29 MEDIUM LAWN SIZE: LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 91
TABLE 30 MEDIUM LAWN SIZE: LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 91
8.4 LARGE LAWN SIZE 92
8.4.1 GROWING AVAILABILITY OF GOLF CLUBS AND RESORTS TO BOOST MARKET 92
TABLE 31 LARGE LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 92
TABLE 32 LARGE LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 92
9 LAWN MOWER MARKET, BY END USER 93
9.1 INTRODUCTION 94
9.1.1 RESEARCH METHODOLOGY 94
9.1.2 INDUSTRY INSIGHTS 94
9.1.3 ASSUMPTIONS 95
FIGURE 29 LAWN MOWER MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) 95
TABLE 33 LAWN MOWER MARKET, BY END USER, 2018–2021 (UNITS) 95
TABLE 34 LAWN MOWER MARKET, BY END USER, 2022–2027 (UNITS) 95
TABLE 35 LAWN MOWER MARKET, BY END USER, 2018–2021 (USD MILLION) 96
TABLE 36 LAWN MOWER MARKET, BY END USER, 2022–2027 (USD MILLION) 96
9.2 RESIDENTIAL 96
9.2.1 INCREASING TREND OF URBANIZATION AND BETTER LIVING SPACES TO DRIVE DEMAND FOR RESIDENTIAL SEGMENT 96
TABLE 37 RESIDENTIAL LAWN MARKET, BY REGION, 2018–2021 (UNITS) 96
TABLE 38 RESIDENTIAL LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 97
TABLE 39 RESIDENTIAL LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 97
TABLE 40 RESIDENTIAL LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 97
9.3 COMMERCIAL 98
9.3.1 RISE IN RENTAL LANDSCAPING SERVICES TO BOOST DEMAND FOR LAWN MOWERS 98
TABLE 41 COMMERCIAL LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 98
TABLE 42 COMMERCIAL LAWN MARKET, BY REGION, 2022–2027 (UNITS) 98
TABLE 43 COMMERCIAL LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 98
TABLE 44 COMMERCIAL LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 99
10 LAWN MOWER MARKET, BY PROPULSION TYPE 100
10.1 INTRODUCTION 101
10.1.1 RESEARCH METHODOLOGY 101
10.1.2 ASSUMPTIONS 101
10.1.3 INDUSTRY INSIGHTS: BY PROPULSION TYPE & REGION 101
FIGURE 30 LAWN MOWER MARKET, BY PROPULSION TYPE,
2022 VS. 2027 (USD MILLION) 102
TABLE 45 LAWN MOWER MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS) 102
TABLE 46 LAWN MOWER MARKET, BY PROPULSION TYPE, 2022–2027 (UNITS) 102
TABLE 47 LAWN MOWER MARKET, BY PROPULSION TYPE, 2018–2021 (USD MILLION) 102
TABLE 48 LAWN MOWER MARKET, BY PROPULSION TYPE, 2022–2027 (USD MILLION) 103
10.2 ELECTRIC LAWN MOWERS 103
10.2.1 GOVERNMENT REGULATIONS, DEVELOPMENTS IN BATTERIES, AND LAUNCHES OF VARIOUS ELECTRIC MODEL-CORDLESS/ROBOTIC EXPECTED TO DRIVE MARKET 103
TABLE 49 ELECTRIC LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 103
TABLE 50 ELECTRIC LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 104
TABLE 51 ELECTRIC LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 52 ELECTRIC LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 104
10.3 INTERNAL COMBUSTION ENGINE (ICE) LAWN MOWERS 105
10.3.1 HIGHER POWER OUTPUT AND EASY AFTER-SALES SERVICE DRIVE ICE LAWN MOWER MARKET 105
TABLE 53 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 105
TABLE 54 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 105
TABLE 55 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 105
TABLE 56 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 106
 
11 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY 107
11.1 INTRODUCTION 108
11.1.1 RESEARCH METHODOLOGY 108
11.1.2 ASSUMPTIONS 108
11.1.3 INDUSTRY INSIGHTS 109
FIGURE 31 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY,
2022 VS 2027 (USD MILLION) 109
TABLE 57 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2018–2021 (UNITS) 109
TABLE 58 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2022–2027 (UNITS) 109
TABLE 59 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2018–2021 (USD MILLION) 110
TABLE 60 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY,
2022–2027 (USD MILLION) 110
11.2 AUTONOMOUS LAWN MOWER 110
11.2.1 DEVELOPMENTS IN ROBOTIC LAWN MOWING SOLUTIONS EXPECTED TO DRIVE MARKET 110
TABLE 61 AUTONOMOUS LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 111
TABLE 62 AUTONOMOUS LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 111
TABLE 63 AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 111
TABLE 64 AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 111
11.3 NON-AUTONOMOUS LAWN MOWER 112
11.3.1 HIGHER POWER OUTPUT AND EASY REPAIR TO FUEL NON-AUTONOMOUS LAWN MOWER MARKET 112
TABLE 65 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 112
TABLE 66 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 112
TABLE 67 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 112
TABLE 68 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 113
12 LAWN MOWER MARKET, BY REGION 114
12.1 INTRODUCTION 115
12.1.1 RESEARCH METHODOLOGY 115
12.1.2 ASSUMPTIONS/LIMITATIONS 115
12.1.3 INDUSTRY INSIGHTS 116
FIGURE 32 LAWN MOWER MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 116
TABLE 69 LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 116
TABLE 70 LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 117
TABLE 71 LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 117
TABLE 72 LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 117
 
12.2 ASIA OCEANIA 117
FIGURE 33 ASIA OCEANIA: ROBOTIC LAWN MOWER MARKET SNAPSHOT 118
TABLE 73 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 119
TABLE 74 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 119
TABLE 75 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 119
TABLE 76 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 120
12.2.1 CHINA 120
12.2.1.1 Increasing urbanization and planned cities in China expected to drive market 120
TABLE 77 CHINA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 120
TABLE 78 CHINA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 121
TABLE 79 CHINA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 121
TABLE 80 CHINA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 121
12.2.2 INDIA 121
12.2.2.1 Rise in lawn care industry to foster demand for lawn mowers in India 121
TABLE 81 INDIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 122
TABLE 82 INDIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 122
TABLE 83 INDIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 122
TABLE 84 INDIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 122
12.2.3 JAPAN 123
12.2.3.1 Inclination toward automation and technology to increase demand for lawn mowers in Japan for mowing operations 123
TABLE 85 JAPAN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 123
TABLE 86 JAPAN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 123
TABLE 87 JAPAN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 123
TABLE 88 JAPAN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 124
12.2.4 SOUTH KOREA 124
12.2.4.1 Residential segment expected to lead South Korean lawn mower market 124
TABLE 89 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 124
TABLE 90 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 124
TABLE 91 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE,
2018–2021 (USD MILLION) 125
TABLE 92 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 125
12.2.5 AUSTRALIA 125
12.2.5.1 Walk-behind mower to be largest segment in Australian market 125
TABLE 93 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 125
TABLE 94 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 126
TABLE 95 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 126
TABLE 96 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 126
12.2.6 NEW ZEALAND 126
12.2.6.1 Establishment of botanical gardens and growing popularity of robotic lawn mowers to drive market in New Zealand 126
TABLE 97 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 127
TABLE 98 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 127
TABLE 99 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 127
TABLE 100 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 127
12.3 EUROPE 128
FIGURE 34 EUROPE: LAWN MOWER MARKET, BY COUNTRY,
2022 VS. 2027 (USD MILLION) 128
TABLE 101 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 128
TABLE 102 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 129
TABLE 103 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 129
TABLE 104 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 129
12.3.1 GERMANY 130
12.3.1.1 Robotic lawn mower segment projected to have highest growth rate in Germany 130
TABLE 105 GERMANY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 130
TABLE 106 GERMANY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 130
TABLE 107 GERMANY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 130
TABLE 108 GERMANY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
12.3.2 FRANCE 131
12.3.2.1 Walk-behind mower holds largest segment in France 131
TABLE 109 FRANCE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 131
TABLE 110 FRANCE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 131
TABLE 111 FRANCE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 132
TABLE 112 FRANCE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 132
12.3.3 UK 132
12.3.3.1 Increasing popularity of lawn mowers expected to drive UK market 132
TABLE 113 UK: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 132
TABLE 114 UK: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 133
TABLE 115 UK: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 133
TABLE 116 UK: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 133
12.3.4 ITALY 133
12.3.4.1 Walk-behind mowers to account largest segment in Italian market 133
TABLE 117 ITALY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 134
TABLE 118 ITALY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 134
TABLE 119 ITALY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 134
TABLE 120 ITALY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 134
12.3.5 SWEDEN 135
12.3.5.1 Robotic lawn mowers hold largest market share in Sweden 135
TABLE 121 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 135
TABLE 122 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 135
TABLE 123 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 135
TABLE 124 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 135
12.3.6 RUSSIA 136
12.3.6.1 Rapid urbanization and growing demand for automation propels lawn mower market in Russia 136
TABLE 125 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 136
TABLE 126 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 136
TABLE 127 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 136
TABLE 128 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 137
12.3.7 SPAIN 137
12.3.7.1 Increasing popularity of autonomous lawn mowers to drive market in Spain 137
TABLE 129 SPAIN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 137
TABLE 130 SPAIN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 137
TABLE 131 SPAIN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 138
TABLE 132 SPAIN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 138
12.3.8 REST OF EUROPE 138
12.3.8.1 Increasing adoption of automation and efficient solutions for mowing to raise demand in Rest of Europe 138
TABLE 133 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 138
TABLE 134 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 139
TABLE 135 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 139
TABLE 136 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 139
12.4 AMERICAS 139
FIGURE 35 AMERICAS: LAWN MOWER MARKET SNAPSHOT 140
TABLE 137 AMERICAS: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 140
TABLE 138 AMERICAS: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 141
TABLE 139 AMERICAS: LAWN MOWER MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 141
TABLE 140 AMERICAS: LAWN MOWER MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 141
12.4.1 US 142
12.4.1.1 Increasing adoption of advanced technology and stringent emission standards for mowing to result in higher demand for robotic mowers in US 142
TABLE 141 US: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 142
TABLE 142 US: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 142
TABLE 143 US: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 142
TABLE 144 US: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 143
12.4.2 CANADA 143
12.4.2.1 Walk-behind lawn mowers to be leading segment in Canada 143
TABLE 145 CANADA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 143
TABLE 146 CANADA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 143
TABLE 147 CANADA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 144
TABLE 148 CANADA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 144
12.4.3 MEXICO 144
12.4.3.1 Robotic lawn mowers to dominate market in Mexico 144
TABLE 149 MEXICO: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 144
TABLE 150 MEXICO: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 145
TABLE 151 MEXICO: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 145
TABLE 152 MEXICO: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 145
12.4.4 BRAZIL 145
12.4.4.1 Walk-behind lawn mowers to capture largest market share in Brazil 145
TABLE 153 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 146
TABLE 154 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 146
TABLE 155 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 146
TABLE 156 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 146
13 COMPETITIVE LANDSCAPE 147
13.1 OVERVIEW 147
TABLE 157 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY, 2018-2021 147
13.2 LAWN MOWER MARKET SHARE ANALYSIS, 2020 149
TABLE 158 LAWN MOWER MARKET: MARKET SHARE ANALYSIS, 2020 149
FIGURE 36 LAWN MOWER MARKET SHARE, 2020 150
13.3 REVENUE ANALYSIS OF TOP 5 LAWN MOWER PLAYERS 150
TABLE 159 LAWN MOWER MARKET: COMPANY PRODUCT FOOTPRINT, 2021 151
TABLE 160 LAWN MOWER MARKET: COMPANY TYPE FOOTPRINT, 2021 152
TABLE 161 LAWN MOWER MARKET: COMPANY REGION FOOTPRINT, 2021 153
FIGURE 37 LAWN MOWER MANUFACTURERS: COMPETITIVE EVALUATION MATRIX, 2021 155
13.4 COMPETITIVE EVALUATION QUADRANT: LAWN MOWER MANUFACTURERS 156
13.4.1 STARS 156
13.4.2 EMERGING LEADERS 156
13.4.3 PERVASIVE PLAYERS 156
13.4.4 PARTICIPANTS 156
13.5 COMPETITIVE SCENARIO 157
13.5.1 NEW PRODUCT LAUNCHES 157
TABLE 162 PRODUCT LAUNCHES 157
13.5.2 DEALS 158
TABLE 163 DEALS 158
13.5.3 EXPANSIONS 158
 
14 COMPANY PROFILES 159
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
14.1 KEY PLAYERS 159
14.1.1 HONDA MOTOR CO., LTD. 159
TABLE 164 HONDA MOTOR CO., LTD: BUSINESS OVERVIEW 159
FIGURE 38 HONDA MOTOR CO., LTD: COMPANY SNAPSHOT 160
TABLE 165 HONDA: PRODUCTS OFFERED 160
TABLE 166 HONDA: NEW PRODUCT DEVELOPMENTS 161
TABLE 167 HONDA: DEALS 162
TABLE 168 HONDA: OTHER DEVELOPMENTS 162
14.1.2 JOHN DEERE 164
TABLE 169 JOHN DEERE: BUSINESS OVERVIEW 164
FIGURE 39 JOHN DEERE: COMPANY SNAPSHOT 165
TABLE 170 JOHN DEERE: PRODUCTS OFFERED 165
TABLE 171 HONDA: NEW PRODUCT DEVELOPMENTS 166
TABLE 172 JOHN DEERE: DEALS 166
14.1.3 HUSQVARNA 168
TABLE 173 HUSQVARNA GROUP: BUSINESS OVERVIEW 168
FIGURE 40 HUSQVARNA GROUP: COMPANY SNAPSHOT 169
TABLE 174 HUSQVARNA: PRODUCTS OFFERED 169
TABLE 175 HUSQVARNA: NEW PRODUCT DEVELOPMENT 170
TABLE 176 HUSQVARNA: DEALS 170
14.1.4 MTD PRODUCTS 172
TABLE 177 MTD PRODUCTS: BUSINESS OVERVIEW 172
TABLE 178 MTD: PRODUCTS OFFERED 172
TABLE 179 MTD PRODUCTS: NEW PRODUCT DEVELOPMENTS 174
TABLE 180 MTD PRODUCTS: DEALS 174
14.1.5 THE TORO COMPANY 176
TABLE 181 THE TORO COMPANY: BUSINESS OVERVIEW 176
FIGURE 41 THE TORO COMPANY: COMPANY SNAPSHOT 176
TABLE 182 THE TORO COMPANY: PRODUCTS OFFERED 177
TABLE 183 THE TORO COMPANY: NEW PRODUCT DEVELOPMENT 177
TABLE 184 THE TORO COMPANY: NEW DEALS 178
14.1.6 YAMABIKO CORPORATION 180
TABLE 185 YAMABIKO: BUSINESS OVERVIEW 180
FIGURE 42 YAMABIKO CORPORATION: COMPANY SNAPSHOT 181
TABLE 186 YAMABIKO: PRODUCTS OFFERED 181
TABLE 187 YAMABIKO CORPORATION: NEW PRODUCT DEVELOPMENTS 182
14.1.7 BOSCH 183
TABLE 188 BOSCH: BUSINESS OVERVIEW 183
FIGURE 43 BOSCH: COMPANY SNAPSHOT 183
TABLE 189 BOSCH: PRODUCTS OFFERED 184
TABLE 190 BOSCH: NEW PRODUCT DEVELOPMENT 184
14.1.8 KUBOTA 185
TABLE 191 KUBOTA: BUSINESS OVERVIEW 185
FIGURE 44 KUBOTA: COMPANY SNAPSHOT 186
TABLE 192 KUBOTA: PRODUCTS OFFERED 186
TABLE 193 KUBOTA: NEW PRODUCT DEVELOPMENTS 187
14.1.9 STIHL 188
TABLE 194 STIHL: BUSINESS OVERVIEW 188
TABLE 195 STIHL: PRODUCTS OFFERED 188
TABLE 196 STIHL: DEALS 189
14.1.10 ARIENS COMPANY (ARIENSCO) 190
TABLE 197 ARIENSCO: BUSINESS OVERVIEW 190
TABLE 198 ARIENS COMPANY: PRODUCTS OFFERED 190
14.2 OTHER KEY PLAYERS 191
14.2.1 IROBOT CORPORATION 191
TABLE 199 IROBOT CORPORATION: BUSINESS OVERVIEW 191
14.2.2 GREENWORKS 191
TABLE 200 GREENWORKS: BUSINESS OVERVIEW 191
14.2.3 EGO POWER PLUS 192
TABLE 201 EGO POWER PLUS: BUSINESS OVERVIEW 192
14.2.4 AMERICAN LAWN MOWER COMPANY 192
TABLE 202 AMERICAN LAWN MOWER COMPANY: BUSINESS OVERVIEW 192
14.2.5 FERRIS 193
TABLE 203 FERRIS: BUSINESS OVERVIEW 193
14.2.6 BAD BOY MOWERS 193
TABLE 204 BAD BOY MOWERS: BUSINESS OVERVIEW 193
14.2.7 LASTEC 194
TABLE 205 LASTEC: BUSINESS OVERVIEW 194
14.2.8 JACOBSEN 194
TABLE 206 JACOBSEN: BUSINESS OVERVIEW 194
14.2.9 AL-KO 195
TABLE 207 AL-KO: BUSINESS OVERVIEW 195
14.2.10 STIGA 196
TABLE 208 STIGA: BUSINESS OVERVIEW 196
14.2.11 MAMIBOT MANUFACTURING USA INC 196
TABLE 209 MAMIBOT MANUFACTURING USA INC: BUSINESS OVERVIEW 196
14.2.12 ZUCCHETTI CENTRO SISTEMI 197
TABLE 210 ZUCCHETTI CENTRO SISTEMI: BUSINESS OVERVIEW 197
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 RECOMMENDATIONS BY MARKETSANDMARKETS 198
15.1 ASIA OCEANIA ESTIMATED TO BE ATTRACTIVE MARKET FOR LAWN MOWER MARKET 198
15.2 RIDING LAWN MOWERS ARE EXPECTED TO CREATE NEW REVENUE POCKETS IN FUTURE 198
15.3 ROBOTIC LAWN MOWER EXPECTED TO OFFER ATTRACTIVE OPPORTUNITIES TO MANUFACTURERS 199
15.4 CONCLUSION 199
16 APPENDIX 200
16.1 CURRENCY & PRICING 200
TABLE 211 CURRENCY EXCHANGE RATES (WRT PER USD) 200
16.2 INSIGHTS OF INDUSTRY EXPERTS 201
16.3 DISCUSSION GUIDE 202
16.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 205
16.5 AVAILABLE CUSTOMIZATIONS 207
16.5.1 ROBOTIC LAWN MOWER MARKET, BY HARDWARE 207
16.5.2 ROBOTIC LAWN MOWER MARKET, BY SOFTWARE 207
16.5.3 LAWN MOWER MARKET, BY CUTTING SYSTEM SEGMENT 207
16.5.4 LAWN MOWER MARKET, BY ENGINE POWER 207
16.6 RELATED REPORTS 208
16.7 AUTHOR DETAILS 209