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Mining Machinery Market by Category (Crushing, Pulverizing, and Screening, Mineral Processing, Surface & Underground), Application, Propulsion, Power ...

by Category (Crushing, Pulverizing, and Screening, Mineral Processing, Surface & Underground), Application, Propulsion, Power Output, Electric Machinery (Mining Truck, LHD), Autonomous Machinery and Region

Publisher:        MarketsandMarkets

# of Pages:        226

Rating: 

1 User License $4,950

Publication Date:  November, 2020

Price:       $4,950 / User License




TABLE OF CONTENTS

 

1              INTRODUCTION                21

1.1          OBJECTIVES OF THE STUDY          21

1.2          MARKET/PRODUCT DEFINITION                22

1.3          INCLUSIONS & EXCLUSIONS        22

1.4          MARKET SCOPE                23

FIGURE 1             MINING MACHINERY MARKET SEGMENTATION                23

1.5          UNITS CONSIDERED        23

1.6          STAKEHOLDERS 23

1.7          CURRENCY          24

1.8          SUMMARY OF CHANGES              24

2              RESEARCH METHODOLOGY         25

2.1          RESEARCH DATA               25

FIGURE 2             MINING MACHINERY MARKET: RESEARCH DESIGN           25

FIGURE 3             RESEARCH DESIGN MODEL          26

2.1.1      SECONDARY DATA           26

2.1.1.1   KEY SECONDARY SOURCES FOR MACHINERY SALES          27

2.1.1.2   KEY DATA FROM SECONDARY SOURCES 27

2.1.2      PRIMARY DATA 28

2.1.2.1   BREAKDOWN OF PRIMARY INTERVIEWS                28

2.1.2.2   SAMPLING TECHNIQUES & DATA COLLECTION METHODS              28

2.1.2.3   PRIMARY PARTICIPANTS              29

2.2          MARKET SIZE ESTIMATION          29

FIGURE 4             BOTTOM-UP APPROACH: MINING MACHINERY MARKET (MACHINERY TYPE AND REGIONAL/COUNTRY LEVEL)   29

FIGURE 5             TOP-DOWN APPROACH: MINING MACHINERY MARKET (APPLICATION/PROPULSION/POWER OUTPUT)                30

FIGURE 6             TOP-DOWN APPROACH: ELECTRIC MINING MACHINERY MARKET (MACHINERY CATEGORY AND REGION)                30

2.3          MARKET BREAKDOWN AND DATA TRIANGULATION        31

FIGURE 7             DATA TRIANGULATION 31

2.4          ASSUMPTIONS 32

2.5          LIMITATIONS     34

 

3              EXECUTIVE SUMMARY  35

3.1          PRE- AND POST-COVID-19 SCENARIO     35

FIGURE 8             PRE- AND POST-COVID-19 SCENARIO: MINING MACHINERY MARKET,

2020–2025 (USD MILLION)           35

TABLE 1                MINING MACHINERY MARKET: PRE- VS. POST-COVID-19 SCENARIO,

2020–2025 (MILLION USD)           35

3.2          REPORT SUMMARY         36

FIGURE 9             MINING MACHINERY MARKET OUTLOOK             36

FIGURE 10           MINING MACHINERY MARKET, BY REGION, 2020 VS. 2025 (USD MILLION)             37

4              PREMIUM INSIGHTS       39

4.1          MINING MACHINERY MARKET OVERVIEW           39

FIGURE 11           ATTRACTIVE OPPORTUNITIES IN MINING MACHINERY MARKET,

2020 VS. 2025 (USD MILLION)     39

4.2          MINING MACHINERY MARKET, BY MACHINERY CATEGORY          39

FIGURE 12           SURFACE MINING TO DOMINATE MARKET DURING FORECAST PERIOD

(USD MILLION) 39

4.3          MINING MACHINERY MARKET, BY PROPULSION               40

FIGURE 13           DIESEL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD

(USD MILLION) 40

4.4          MINING MACHINERY MARKET, BY APPLICATION               40

FIGURE 14           MINERAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2020

(USD MILLION) 40

4.5          MINING MACHINERY MARKET, BY POWER OUTPUT         41

FIGURE 15           500-2,000 HP SEGMENT SET TO DOMINATE MARKET IN 2020 (USD MILLION)        41

4.6          ELECTRIC MINING MACHINERY MARKET, BY BATTERY TYPE           41

FIGURE 16           LITHIUM-ION TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD (USD MILLION)      41

4.7          ELECTRIC MINING MACHINERY MARKET, BY TYPE             42

FIGURE 17           MINING TRUCKS TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD (USD MILLION)   42

4.8          AUTONOMOUS MINING MACHINERY MARKET, BY TYPE                42

FIGURE 18           SURFACE MINING SEGMENT BE LARGEST DURING FORECAST PERIOD

(USD MILLION) 42

4.9          MINING MACHINERY MARKET, BY REGION          43

FIGURE 19           MIDDLE EAST & AFRICA MARKET TO GROW FASTEST BY 2025 (USD MILLION)       43

5              MARKET OVERVIEW       44

5.1          INTRODUCTION                44

5.2          MARKET DYNAMICS       45

FIGURE 20           DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IMPACTING THE MINING MACHINERY MARKET                45

5.2.1      DRIVERS               45

5.2.1.1   INCREASING USE OF ELECTRIC MACHINERY IN UNDERGROUND MINING               45

TABLE 2                ACTIVE UNDERGROUND MINING PROJECTS IN SELECT COUNTRIES, 2019               46

5.2.1.2   INCREASE IN DEMAND FOR METALS AND COMMODITIES              46

FIGURE 21           INCREASE IN MINING ACTIVITIES TO BOOST DEMAND FOR METALS AND COMMODITIES               47

5.2.2      RESTRAINTS       48

5.2.2.1   EXPORT OF USED MINING MACHINERY TO DEVELOPING COUNTRIES      48

TABLE 3                SOUTH AFRICA MINING MACHINERY IMPORT STATISTICS (USD ‘000)      48

5.2.3      OPPORTUNITIES               48

5.2.3.1   USE OF AUTONOMOUS MINING MACHINERY    48

5.2.3.2   USE OF TELEMATICS IN MINING MACHINERY      49

FIGURE 22           PROMINENT MINING MACHINERY PLAYERS OFFERING TELEMATICS SOLUTIONS               49

5.2.4      CHALLENGES      50

5.2.4.1   COVID-19 IMPACT: DECLINE IN MINING MACHINERY SALES         50

5.2.4.2   LACK OF STANDARDIZATION IN MINING MACHINERY     50

5.3          IMPACT OF COVID-19 ON MINING MACHINERY MARKET              51

5.3.1      COVID-19 HEALTH ASSESSMENT                51

FIGURE 23           COVID-19 PROPAGATION: SELECT COUNTRIES   51

FIGURE 24           GDP GROWTH (% IN 2020)           52

5.4          MINING MACHINERY MARKET SCENARIO             52

FIGURE 25           MINING MACHINERY MARKET SCENARIO 2020–2025 (USD MILLION)       52

5.4.1      MOST LIKELY/REALISTIC SCENARIO          53

TABLE 4                REALISTIC SCENARIO: MINING MACHINERY MARKET, BY REGION,

2020–2025 (USD MILLION)           53

5.4.2      HIGH COVID-19 IMPACT SCENARIO         53

TABLE 5                HIGH COVID-19 IMPACT SCENARIO: MINING MACHINERY MARKET,

BY REGION, 2020–2025 (USD MILLION)  53

5.4.3      LOW COVID-19 IMPACT SCENARIO          54

TABLE 6                LOW COVID-19 IMPACT SCENARIO: MINING MACHINERY MARKET,

BY REGION, 2020–2025 (USD MILLION)  54

5.5          PORTER’S FIVE FORCES  54

FIGURE 26           PORTER’S FIVE FORCES ANALYSIS (2020): MINING MACHINERY MARKET                54

FIGURE 27           COMPETITIVE RIVALRY IN MINING MACHINERY MARKET HAS HIGH IMPACT        55

TABLE 7                PORTER’S FIVE FORCES ANALYSIS             55

5.5.1      INTENSITY OF COMPETITIVE RIVALRY     55

FIGURE 28           HIGH EXIT BARRIERS RESULT IN HIGHER INTENSITY OF COMPETITIVE RIVALRY IN MINING MACHINERY MARKET               55

5.5.2      THREAT OF NEW ENTRANTS        56

FIGURE 29           EASE OF GEOGRAPHIC EXPANSION HAS HIGHEST IMPACT ON NEW MARKET ENTRANTS                56

5.5.3      THREAT OF SUBSTITUTES              57

FIGURE 30           TECHNOLOGICAL ADVANCEMENTS AND DEMAND FOR CUSTOMIZED MACHINERY INFLUENCE THREAT OF SUBSTITUTES     57

5.5.4      BARGAINING POWER OF SUPPLIERS       58

FIGURE 31           LOW SUPPLIER CONCENTRATION & PRODUCT DIFFERENTIATION LIMITS BARGAINING POWER OF SUPPLIERS          58

5.5.5      BARGAINING POWER OF BUYERS             59

FIGURE 32           SUPPLIER FRAGMENTATION & LACK OF SUBSTITUTES REDUCES BARGAINING POWER OF BUYERS             59

5.6          VALUE CHAIN ANALYSIS               59

FIGURE 33           VALUE CHAIN (2020): MAJOR VALUE IS ADDED BY OEMS DURING MANUFACTURING & ASSEMBLY PHASE                60

5.7          AVERAGE SELLING PRICE TREND OF MINING MACHINERY             61

TABLE 8                AVERAGE COST OF DIESEL MINING MACHINERY, BY MACHINERY TYPE, 2020        61

5.8          TRENDS/DISRUPTIONS IMPACTING MINING MACHINERY MARKET          62

5.9          ECOSYSTEM MARKET MAP          62

FIGURE 34           ECOSYSTEM MAP: MINING MACHINERY MARKET             62

5.10        TECHNOLOGY ANALYSIS               63

5.11        CASE STUDY ANALYSIS   64

5.11.1    ELECTRIFYING MINING IN PERU                64

5.11.2    USE OF TELEMATICS AT INDIAN MINE    64

5.11.3    CAT MINESTAR SYSTEM AT ROBINSON MINE IN NEVADA              64

5.11.4    KOMATSU’S JOINT VENTURE WITH RIO TINTO    64

6              MINING MACHINERY MARKET, BY MACHINERY CATEGORY          65

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA SOUTH AMERICA, AND MIDDLE EAST & AFRICA

6.1          INTRODUCTION                66

6.1.1      RESEARCH METHODOLOGY         66

6.1.2      ASSUMPTIONS 66

6.1.3      INDUSTRY INSIGHTS       67

FIGURE 35           SURFACE MINING TO HOLD LARGEST SHARE IN MINING MACHINERY MARKET, 2020 VS. 2025 (USD MILLION)             67

TABLE 9                MINING MACHINERY MARKET, BY MACHINERY CATEGORY,

2018–2025 (USD MILLION)           68

6.2          CRUSHING, PULVERIZING, SCREENING MACHINERY        68

6.2.1      NORTH AMERICA IS SECOND-LARGEST MARKET FOR CRUSHING, PULVERIZING, SCREENING MACHINERY              68

TABLE 10              CRUSHING, PULVERIZING, SCREENING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)      68

6.3          MINERAL PROCESSING MACHINERY        69

6.3.1      ASIA OCEANIA IS LARGEST MARKET FOR MINERAL PROCESSING MACHINERY      69

TABLE 11              MINERAL PROCESSING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           69

6.4          SURFACE MINING MACHINERY 70

TABLE 12              SURFACE MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)    70

TABLE 13              SURFACE MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           70

6.4.1      ARTICULATED DUMP TRUCKS     71

6.4.1.1   EUROPE ESTIMATED TO BE LARGEST MARKET FOR ARTICULATED DUMP TRUCKS               71

TABLE 14              ARTICULATED DUMP TRUCKS IN SURFACE MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 71

TABLE 15              ARTICULATED DUMP TRUCKS IN SURFACE MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  71

6.4.2      CRAWLER DOZERS           72

6.4.2.1   NORTH AMERICA IS LARGEST MARKET FOR CRAWLER DOZERS    72

TABLE 16              CRAWLER DOZERS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)  72

TABLE 17              CRAWLER DOZERS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)    72

6.4.3      CRAWLER EXCAVATORS                73

6.4.3.1   CHINA TO LEAD ASIA OCEANIA MARKET FOR CRAWLER EXCAVATORS     73

TABLE 18              CRAWLER EXCAVATORS IN SURFACE MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 73

TABLE 19              CRAWLER EXCAVATORS IN SURFACE MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  73

6.4.4      MOTOR GRADERS            74

6.4.4.1   NORTH AMERICA IS LARGEST MARKET FOR MOTOR GRADERS    74

TABLE 20              MOTOR GRADERS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)   74

TABLE 21              MOTOR GRADERS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)    74

6.4.5      RIGID DUMP TRUCKS     75

6.4.5.1   SOUTH AMERICA IS LARGEST MARKET FOR RIGID DUMP TRUCKS              75

TABLE 22              RIGID DUMP TRUCKS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)            75

TABLE 23              RIGID DUMP TRUCKS IN SURFACE MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)                75

6.5          UNDERGROUND MINING MACHINERY  76

TABLE 24              UNDERGROUND MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)     76

TABLE 25              UNDERGROUND MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           76

6.5.1      DRILLS   77

6.5.1.1   ASIA OCEANIA TO BE LARGEST MARKET FOR DRILLS         77

TABLE 26              DRILLS IN UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)           77

TABLE 27              DRILLS IN UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)            77

6.5.2      ELECTRIC SHOVELS          78

6.5.2.1   SOUTH AMERICA TO BE FASTEST-GROWING MARKET FOR ELECTRIC SHOVELS     78

TABLE 28              ELECTRIC SHOVELS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 78

TABLE 29              ELECTRIC SHOVELS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  78

6.5.3      HYDRAULIC EXCAVATORS            79

6.5.3.1   ASIA OCEANIA ACCOUNTS FOR MORE THAN 30% OF HYDRAULIC EXCAVATORS MARKET                79

TABLE 30              HYDRAULIC EXCAVATORS IN UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)                79

TABLE 31              HYDRAULIC EXCAVATORS IN UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)             79

6.5.4      MINING DOZERS              80

6.5.4.1   EUROPE TO HAVE SECOND-LARGEST MINING DOZERS MARKET SHARE   80

TABLE 32              MINING DOZERS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 80

TABLE 33              MINING DOZERS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  80

6.5.5      MINING TRUCKS              81

6.5.5.1   ASIA OCEANIA PROJECTED TO HOLD MORE THAN 35% OF MINING TRUCKS MARKET        81

TABLE 34              MINING TRUCKS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 81

TABLE 35              MINING TRUCKS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  81

6.5.6      WHEELED LOADERS         82

6.5.6.1   EUROPE IS SECOND-LARGEST MARKET FOR WHEELED LOADERS 82

TABLE 36              WHEELED LOADERS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 82

TABLE 37              WHEELED LOADERS IN UNDERGROUND MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  82

7              MINING MACHINERY MARKET, BY APPLICATION               83

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

7.1          INTRODUCTION                84

7.1.1      RESEARCH METHODOLOGY         84

7.1.2      ASSUMPTIONS 84

7.1.3      INDUSTRY INSIGHTS       85

FIGURE 36           MINING MACHINERY MARKET, BY APPLICATION,

2020 VS. 2025 (USD MILLION)     85

TABLE 38              MINING MACHINERY MARKET, BY APPLICATION, 2018–2025 (USD MILLION)       85

7.2          COAL     86

7.2.1      INCREASING ENERGY DEMAND DRIVES COAL MINING MACHINERY MARKET       86

TABLE 39              COAL MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)       86

7.3          METAL  87

7.3.1      SOUTH AMERICA TO BE SECOND-LARGEST METAL MINING MACHINERY MARKET              87

TABLE 40              METAL MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           87

7.4          MINERAL             88

7.4.1      ASIA OCEANIA TO DOMINATE MINERAL MINING MACHINERY MARKET 88

TABLE 41              MINERAL MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           88

8              MINING MACHINERY MARKET, BY POWER OUTPUT         89

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

8.1          INTRODUCTION                90

8.1.1      RESEARCH METHODOLOGY         90

8.1.2      ASSUMPTIONS 90

8.1.3      INDUSTRY INSIGHTS       90

FIGURE 37           MINING MACHINERY MARKET, BY POWER OUTPUT,

2020 VS. 2025 (USD MILLION)     91

TABLE 42              MINING MACHINERY MARKET, BY POWER OUTPUT, 2018–2025 (UNITS)                91

TABLE 43              MINING MACHINERY MARKET, BY POWER OUTPUT,

2018–2025 (USD MILLION)           91

8.2          <500 HP                92

8.2.1      ASIA OCEANIA TO DOMINATE <500 HP POWER OUTPUT SEGMENT          92

TABLE 44              <500 HP MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)                92

TABLE 45              <500 HP MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           92

8.3          500-2000 HP       93

8.3.1      MIDDLE EAST & AFRICA TO BE FASTEST GROWING REGION IN 500-2,000 HP SEGMENT    93

TABLE 46              500-2,000 HP MINING MACHINERY MARKET, BY REGION,

2018–2025 (UNITS)          93

TABLE 47              500-2,000 HP MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           93

8.4          >2,000 HP            94

8.4.1      AMERICAS COMMAND LARGEST SHARE OF >2,000 HP SEGMENT               94

TABLE 48              >2,000 HP MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)            94

TABLE 49              >2,000 HP MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           94

9              MINING MACHINERY MARKET, BY PROPULSION               95

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

9.1          INTRODUCTION                96

9.1.1      RESEARCH METHODOLOGY         96

9.1.2      ASSUMPTIONS 97

9.1.3      INDUSTRY INSIGHTS       97

FIGURE 38           MINING MACHINERY MARKET, BY PROPULSION,

2020 VS. 2025 (USD MILLION)     97

TABLE 50              MINING MACHINERY MARKET, BY PROPULSION, 2018–2025 (UNITS)       97

TABLE 51              MINING MACHINERY MARKET, BY PROPULSION, 2018–2025 (USD MILLION)        98

9.2          DIESEL   98

9.2.1      HIGHER DENSITY MAKES DIESEL PREFERRED FUEL FOR MINING MACHINERY        98

TABLE 52              DIESEL ENGINE OFFERINGS BY OEMS      98

TABLE 53              DIESEL IN MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)             99

TABLE 54              DIESEL IN MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           99

9.3          CNG/LNG/RNG 99

9.3.1      ALTERNATE FUEL MINING MACHINERY TO RECORD FASTEST GROWTH   99

TABLE 55              CNG/LNG/RNG IN MINING MACHINERY MARKET, BY REGION,

2018–2025 (UNITS)          100

TABLE 56              CNG/LNG/RNG IN MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           100

10           ELECTRIC MINING MACHINERY MARKET, BY TYPE             101

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

10.1        INTRODUCTION                102

10.1.1    RESEARCH METHODOLOGY         102

10.1.2    ASSUMPTIONS/LIMITATIONS    102

10.1.3    INDUSTRY INSIGHTS       102

FIGURE 39           ELECTRIC MINING MACHINERY MARKET, BY TYPE,

2020 VS. 2025 (USD MILLION)     103

TABLE 57              ELECTRIC MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)     103

TABLE 58              ELECTRIC MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           103

10.2        ELECTRIC MINING TRUCKS           104

TABLE 59              ELECTRIC MINING TRUCKS MARKET, BY REGION, 2018–2025 (UNITS)       104

TABLE 60              ELECTRIC DUMP TRUCKS MARKET, BY REGION, 2018—2025 (USD MILLION)          104

10.3        ELECTRIC LOAD-HAUL-DUMP LOADERS (LHD)     105

TABLE 61              ELECTRIC LHD MARKET, BY REGION, 2018–2025 (UNITS) 105

TABLE 62              ELECTRIC LHD MARKET, BY REGION, 2018–2025 (USD MILLION)  105

11           ELECTRIC MINING MACHINERY MARKET, BY BATTERY TYPE           106

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

11.1        INTRODUCTION                107

11.1.1    RESEARCH METHODOLOGY         107

11.1.2    ASSUMPTIONS 107

11.1.3    INDUSTRY INSIGHTS       108

FIGURE 40           ELECTRIC MINING MACHINERY MARKET, BY BATTERY TYPE,

2020 VS. 2025 (USD MILLION)     108

TABLE 63              ELECTRIC MINING MACHINERY MARKET, BY BATTERY TYPE,

2018–2025 (UNITS)          108

TABLE 64              ELECTRIC MINING MACHINERY MARKET, BY BATTERY TYPE,

2018–2025 (USD MILLION)           109

 

11.2        LITHIUM-ION     109

TABLE 65              LITHIUM-ION BATTERIES: ELECTRIC MINING MACHINERY MARKET,

BY REGION, 2018–2025 (UNITS) 109

TABLE 66              LITHIUM-ION BATTERIES: ELECTRIC MINING MACHINERY MARKET,

BY REGION, 2018–2025 (USD MILLION)  110

11.3        LEAD-ACID          110

TABLE 67              LEAD-ACID BATTERIES: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)               110

TABLE 68              LEAD-ACID BATTERIES: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION) 111

11.4        OTHERS                111

TABLE 69              OTHER BATTERIES: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)        111

TABLE 70              OTHER BATTERIES: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)         112

12           AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY 113

NOTE: THE CHAPTER IS FURTHER SEGMENTED AT REGIONAL LEVEL AND REGIONS CONSIDERED ARE ASIA OCEANIA, EUROPE, NORTH AMERICA, SOUTH AMERICA, AND MIDDLE EAST & AFRICA

12.1        INTRODUCTION                114

12.1.1    RESEARCH METHODOLOGY         114

12.1.2    ASSUMPTIONS 114

12.1.3    INDUSTRY INSIGHTS       115

FIGURE 41           AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY,

2020 VS. 2025 (USD MILLION)     115

TABLE 71              AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY,

2018–2025 (UNITS)          115

TABLE 72              AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY,

2018–2025 (USD MILLION)           116

12.2        SURFACE MINING           116

12.2.1    ASIA OCEANIA TO BE FASTEST MARKET FOR AUTONOMOUS SURFACE MINING MACHINERY       116

TABLE 73              AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION,

2018–2025 (UNITS)          116

TABLE 74              AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION,

2018–2025 (USD MILLION)           116

12.3        UNDERGROUND MINING            117

12.3.1    PRESENCE OF KEY PLAYERS IN NORTH AMERICA BOOSTS MARKET FOR AUTONOMOUS UNDERGROUND MINING MACHINERY       117

TABLE 75              AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS)              117

TABLE 76              AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)                117

 

13           MINING MACHINERY MARKET, BY REGION          118

NOTE: THE CHAPTER IS FURTHER SEGMENTED BY TYPE – CRAWLER EXCAVATORS, CRAWLER DOZERS, MOTOR GRADERS, RIGID DUMP TRUCKS, ARTICULATED DUMP TRUCKS, ELECTRIC SHOVELS, HYDRAULIC EXCAVATORS, WHEEL LOADERS, MINING DOZERS, MINING TRUCKS, AND DRILLS

13.1        INTRODUCTION                119

13.1.1    RESEARCH METHODOLOGY         119

13.1.2    ASSUMPTIONS 119

13.1.3    INDUSTRY INSIGHTS       120

FIGURE 42           ASIA OCEANIA TO ACCOUNT FOR LARGEST SHARE IN MINING MACHINERY MARKET IN 2020       120

TABLE 77              MINING MACHINERY MARKET, BY REGION, 2018–2025 (UNITS) 121

TABLE 78              MINING MACHINERY MARKET, BY REGION, 2018–2025 (USD MILLION)   121

13.2        ASIA OCEANIA  122

FIGURE 43           ASIA OCEANIA TO HOLD LARGEST SHARE IN MINING MACHINERY MARKET          122

TABLE 79              ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (UNITS)          123

TABLE 80              ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           123

13.2.1    CHINA   123

13.2.1.1                CRAWLER EXCAVATORS TO HAVE MAJOR SHARE IN CHINA MINING MACHINERY MARKET            123

TABLE 81              CHINA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)        124

TABLE 82              CHINA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)          124

13.2.2    INDIA    125

13.2.2.1                UNDERGROUND MINING MACHINERY TO DRIVE INDIAN MARKET            125

TABLE 83              INDIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)          125

TABLE 84              INDIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)           126

13.2.3    JAPAN  127

13.2.3.1                ARTICULATED DUMP TRUCKS SEGMENT TO GROW AT HIGHEST CAGR IN JAPAN                127

TABLE 85              JAPAN: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)        127

TABLE 86              JAPAN: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)         128

13.2.4    INDONESIA         129

13.2.4.1                CRAWLER EXCAVATOR SALES TO DOMINATE INDONESIAN MINING MARKET       129

TABLE 87              INDONESIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)              129

TABLE 88              INDONESIA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           130

13.2.5    AUSTRALIA         131

13.2.5.1                EXCAVATOR SALES TO COMMAND LARGEST SHARE IN AUSTRALIAN MARKET      131

TABLE 89              AUSTRALIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)               131

TABLE 90              AUSTRALIA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           132

 

13.3        EUROPE               133

TABLE 91              EUROPE: MINING MACHINERY MARKET, BY COUNTRY, 2018–2025 (UNITS)           133

TABLE 92              EUROPE: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           133

13.3.1    FRANCE                134

13.3.1.1                CRAWLER EXCAVATORS TO HAVE LARGEST SHARE DURING FORECAST PERIOD   134

TABLE 93              FRANCE: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)     134

TABLE 94              FRANCE: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)       135

13.3.2    GERMANY           136

13.3.2.1                GERMAN MARKET TO WITNESS SLOW GROWTH DUE TO FOCUS ON RENEWABLE ENERGY             136

TABLE 95              GERMANY: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)                136

TABLE 96              GERMANY: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           137

13.3.3    ITALY     138

13.3.3.1                UNDERGROUND MINING TRUCKS TO ADD VALUE TO ITALIAN MINING MACHINERY MARKET      138

TABLE 97              ITALY: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)           138

TABLE 98              ITALY: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)            139

13.3.4    SPAIN   140

13.3.4.1                CRAWLER EXCAVATORS TO DOMINATE MARKET IN SPAIN            140

TABLE 99              SPAIN: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)         140

TABLE 100            SPAIN: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)          141

13.3.5    UK          142

13.3.5.1                MOTOR GRADERS TO REGISTER FASTEST GROWTH IN UK MARKET            142

TABLE 101            UK: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)                142

TABLE 102            UK: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION) 143

13.3.6    RUSSIA 144

13.3.6.1                ELECTRIC SHOVELS SEGMENT TO WITNESS FASTEST GROWTH IN RUSSIA               144

TABLE 103            RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)       144

TABLE 104            RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)        145

13.3.7    REST OF EUROPE              145

13.4        NORTH AMERICA             146

FIGURE 44           MINING MACHINERY MARKET IN MEXICO TO WITNESS FASTEST GROWTH           146

TABLE 105            NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (UNITS)          147

TABLE 106            NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           147

13.4.1    CANADA              148

13.4.1.1                MOTOR GRADERS TO HAVE LARGEST SHARE, BY VALUE, IN CANADA       148

TABLE 107            CANADA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)    148

TABLE 108            CANADA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           149

13.4.2    MEXICO               150

13.4.2.1                CRAWLER EXCAVATORS TO ACCOUNT FOR LARGEST VOLUME IN MEXICAN MARKET       150

TABLE 109            MEXICO: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)     150

TABLE 110            MEXICO: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)      151

13.4.3    US          151

13.4.3.1                ELECTRIC SHOVELS TO BE FASTEST-GROWING SEGMENT IN US MARKET                151

TABLE 111            US: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)                152

TABLE 112            US: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION) 152

13.5        SOUTH AMERICA             153

TABLE 113            SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (UNITS)          153

TABLE 114            SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           153

13.5.1    BRAZIL  154

13.5.1.1                RIGID DUMP TRUCKS SEGMENT TO GROW AT HIGHEST CAGR IN BRAZIL                154

TABLE 115            BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)        154

TABLE 116            BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)         155

13.5.2    CHILE     156

13.5.2.1                CRAWLER EXCAVATORS TO HAVE LARGEST SHARE, BY VOLUME, IN CHILE              156

TABLE 117            CHILE: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)          156

TABLE 118            CHILE: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)            157

13.5.3    PERU     158

13.5.3.1                MINING TRUCKS TO BE LARGEST SEGMENT IN PERU       158

TABLE 119            PERU: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)           158

TABLE 120            PERU: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (USD MILLION)            159

13.5.4    ARGENTINA       160

13.5.4.1                MOTOR GRADERS TO BE LARGEST SEGMENT IN ARGENTINA       160

TABLE 121            ARGENTINA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)             160

TABLE 122            ARGENTINA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           161

13.5.5    REST OF SOUTH AMERICA            161

13.6        MIDDLE EAST & AFRICA 162

TABLE 123            MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (UNITS)          162

TABLE 124            MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           162

13.6.1    SOUTH AFRICA  162

13.6.1.1                MINING TRUCKS TO HAVE LARGEST MARKET SHARE IN SOUTH AFRICA  162

TABLE 125            SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)       163

TABLE 126            SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           163

13.6.2    SAUDI ARABIA  164

13.6.2.1                PHOSPHATE, TANTALUM, AND GOLD TO DRIVE SAUDI ARABIAN MINING INDUSTRY       164

TABLE 127            SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE, 2018–2025 (UNITS)        164

TABLE 128            SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE,

2018–2025 (USD MILLION)           165

13.6.3    REST OF MIDDLE EAST & AFRICA               165

13.6.3.1                REST OF MIDDLE EAST & AFRICA TO WITNESS SLOW TO MODERATE GROWTH     165

14           COMPETITIVE LANDSCAPE           166

14.1        COMPANY EVALUATION MATRIX – MINING MACHINERY MANUFACTURERS       166

14.1.1    TERMINOLOGY 166

14.1.2    STAR      166

14.1.3    EMERGING LEADERS      166

14.1.4    PERVASIVE PLAYERS       166

14.1.5    PARTICIPANT     166

FIGURE 45           MINING MACHINERY MARKET: COMPANY EVALUATION MATRIX (2019)                167

14.2        STRENGTH OF PRODUCT PORTFOLIO      168

FIGURE 46           PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN MINING MACHINERY MARKET         168

14.3        BUSINESS STRATEGY EXCELLENCE             169

FIGURE 47           BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN MINING MACHINERY MARKET      169

14.4        MARKET EVALUATION FRAMEWORK      170

FIGURE 48           MARKET EVALUATION FRAMEWORK: MINING MACHINERY MARKET      170

14.5        MINING MACHINERY MARKET: MARKET SHARE 171

FIGURE 49           MINING MACHINERY MARKET SHARE ANALYSIS, 2019    171

14.6        KEY PLAYER STRATEGIES/RIGHT TO WIN                172

FIGURE 50           COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS THE KEY GROWTH STRATEGY, 2018–2020         173

14.7        COMPETITIVE SCENARIO              174

14.7.1    NEW PRODUCT DEVELOPMENTS/LAUNCHES       174

TABLE 129            NEW PRODUCT DEVELOPMENTS/LAUNCHES (2018-2020)              174

14.7.2    EXPANSIONS     178

TABLE 130            EXPANSIONS (2018-2020)             178

14.7.3    PARTNERSHIPS/AGREEMENTS/SUPPLY ORDERS                178

TABLE 131            PARTNERSHIPS/AGREEMENTS/SUPPLY ORDERS (2018-2020)        178

14.7.4    ACQUISITIONS  181

TABLE 132            ACQUISITIONS (2018-2020)         181

15           COMPANY PROFILES      182

15.1        MINING MACHINERY MANUFACTURES – KEY PLAYERS   182

(BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS & MNM VIEW)*

15.1.1    CATERPILLAR INC.            182

FIGURE 51           CATERPILLAR INC.: COMPANY SNAPSHOT            182

TABLE 133            CATERPILLAR INC. – ORGANIC DEVELOPMENTS 184

 

TABLE 134            CATERPILLAR INC. – INORGANIC DEVELOPMENTS            184

15.1.2    KOMATSU LTD. 186

FIGURE 52           KOMATSU LTD.: COMPANY SNAPSHOT  186

TABLE 135            KOMATSU LTD. – ORGANIC DEVELOPMENTS      188

TABLE 136            KOMATSU LTD. – INORGANIC DEVELOPMENTS  188

15.1.3    SANDVIK AB       190

FIGURE 53           SANDVIK AB: COMPANY SNAPSHOT       190

TABLE 137            SANDVIK AB – ORGANIC DEVELOPMENTS            191

TABLE 138            SANDVIK AB –INORGANIC DEVELOPMENTS        192

15.1.4    EPIROC AB          193

FIGURE 54           EPIROC AB: COMPANY SNAPSHOT           193

TABLE 139            EPIROC AB – ORGANIC DEVELOPMENTS                194

TABLE 140            EPIROC AB – INORGANIC DEVELOPMENTS           195

15.1.5    DOOSAN CORPORATION              197

FIGURE 55           DOOSAN CORPORATION: COMPANY SNAPSHOT               197

TABLE 141            DOOSAN CORPORATION – ORGANIC DEVELOPMENTS   198

TABLE 142            DOOSAN CORPORATION – INORGANIC DEVELOPMENTS               198

15.1.6    LIEBHERR             200

FIGURE 56           LIEBHERR: COMPANY SNAPSHOT              200

TABLE 143            LIEBHERR – ORGANIC DEVELOPMENTS  201

TABLE 144            LIEBHERR – INORGANIC DEVELOPMENTS              201

15.1.7    VOLVO GROUP 202

FIGURE 57           VOLVO GROUP: COMPANY SNAPSHOT  202

TABLE 145            VOLVO GROUP – ORGANIC DEVELOPMENTS      204

TABLE 146            VOLVO GROUP – INORGANIC DEVELOPMENTS  204

15.1.8    HITACHI CONSTRUCTION MACHINERY CO., LTD.                205

FIGURE 58           HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT 205

TABLE 147            HITACHI CONSTRUCTION MACHINERY CO., LTD. – ORGANIC DEVELOPMENTS     206

TABLE 148            HITACHI CONSTRUCTION MACHINERY CO., LTD. – INORGANIC DEVELOPMENTS 206

15.1.9    SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED          207

FIGURE 59           SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED: COMPANY SNAPSHOT           207

TABLE 149            SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED – ORGANIC DEVELOPMENTS                209

TABLE 150            SANY HEAVY EQUIPMENT INTERNATIONAL HOLDINGS COMPANY LIMITED – INORGANIC DEVELOPMENTS                209

15.1.10  JCB         210

TABLE 151            JCB – ORGANIC DEVELOPMENTS              210

*DETAILS ON BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS & MNM VIEW MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES.

 

15.2        ADDITIONAL COMPANIES            211

15.2.1    ASIA OCEANIA  211

15.2.1.1                GUANGXI LIUGONG MACHINERY CO., LTD.         211

15.2.1.2                KOBELCO CONSTRUCTION MACHINERY CO., LTD.              211

15.2.1.3                SUMITOMO HEAVY INDUSTRIES               211

15.2.1.4                XUZHOU CONSTRUCTION MACHINERY GROUP (XCMG)                211

15.2.1.5                BHARAT EARTH MOVERS LIMITED            211

15.2.2    EUROPE               212

15.2.2.1                WIRTGEN GROUP            212

15.2.2.2                MINE MASTER LTD          212

15.2.2.3                FIORI GROUP S.P.A.        212

15.2.2.4                JSC         212

15.2.2.5                WACKER NEUSON GROUP           212

15.2.3    NORTH AMERICA             212

15.2.3.1                EQUIPMENT NORTH INC.             212

15.2.3.2                RTM EQUIPMENT            213

15.2.3.3                ASTEC INDUSTRIES, INC.               213

15.2.4    MIDDLE EAST & AFRICA 213

15.2.4.1                BELL EQUIPMENT             213

15.2.4.2                AARD MINING EQUIPMENT        213

16           RECOMMENDATIONS BY MARKETSANDMARKETS            214

16.1        LUCRATIVE OPPORTUNITIES IN ASIA OCEANIA & SOUTH AMERICA FOR MINING MACHINERY MANUFACTURERS                214

16.2        ELECTRIC MINING MACHINERY TO ADD MORE VALUE TO THE MARKET   215

16.3        CONCLUSION    215

17           APPENDIX           216

17.1        KEY INSIGHTS FROM INDUSTRY EXPERTS               216

17.2        DISCUSSION GUIDE        217

17.3        KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    221

17.4        AVAILABLE CUSTOMIZATIONS   223

17.4.1    AUTONOMOUS MINING MACHINERY MARKET, BY LEVEL OF AUTOMATION        223

17.4.1.1                SEMI-AUTONOMOUS    223

17.4.1.2                FULLY-AUTONOMOUS  223

17.4.2    MINING MACHINERY MARKET, BY COUNTRY & MACHINERY CATEGORY 223

17.4.2.1                CRUSHING, PULVERIZING, AND SCREENING        223

17.4.2.2                MINERAL PROCESSING  223

17.6        AUTHOR DETAILS             225

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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