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Automotive Thermal Systems Market by Application (Front & rear A/C, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste He...

Publisher:        MarketsandMarkets

# of Pages:        342

Rating: 

1 User License $4,950

Publication Date:  August, 2021

Price:       $4,950 / User License




1 INTRODUCTION 31
1.1 OBJECTIVES 31
1.2 MARKET DEFINITION 32
1.2.1 INCLUSIONS & EXCLUSIONS 32
1.3 MARKET SCOPE 33
FIGURE 1 THERMAL SYSTEM MARKET FOR AUTOMOTIVE: MARKET SEGMENTATION 33
1.3.1 YEARS CONSIDERED IN THE STUDY 34
1.4 SUMMARY OF CHANGES 34
1.5 LIMITATIONS 35
1.6 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 AUTOMOTIVE THERMAL SYSTEM MARKET: RESEARCH DESIGN 36
FIGURE 3 RESEARCH DESIGN MODEL 37
2.2 SECONDARY DATA 38
2.2.1 KEY SECONDARY SOURCES FOR VEHICLE PRODUCTION AND ELECTRIC VEHICLE SALES 38
2.2.2 KEY SECONDARY SOURCES FOR MARKET SIZING 38
2.2.3 KEY DATA FROM SECONDARY SOURCES 39
2.3 PRIMARY DATA 40
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 40
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 41
2.3.2 PRIMARY PARTICIPANTS 41
2.4 MARKET SIZE ESTIMATION 41
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 42
2.4.1 BOTTOM-UP APPROACH 42
2.4.2 BOTTOM-UP APPROACH: AUTOMOTIVE THERMAL SYSTEM MARKET 43
2.4.3 TOP-DOWN APPROACH 43
2.4.4 TOP-DOWN APPROACH: AUTOMOTIVE THERMAL SYSTEM MARKET 43
2.4.5 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE 44
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 45
FIGURE 6 DATA TRIANGULATION 45
2.6 FACTOR ANALYSIS 46
2.7 ASSUMPTIONS & ASSOCIATED RISKS 47
2.7.1 RESEARCH ASSUMPTIONS 47
2.7.2 MARKET ASSUMPTIONS 48
TABLE 1 ASSUMPTIONS, ASSOCIATED RISKS, AND IMPACT 48
2.8 RESEARCH LIMITATIONS 49
3 EXECUTIVE SUMMARY 50
3.1 INTRODUCTION 50
3.1.1 PRE- VS POST-COVID-19 SCENARIO 50
FIGURE 7 PRE- & POST-COVID-19 SCENARIO: AUTOMOTIVE THERMAL SYSTEM MARKET, 2018–2026 (USD MILLION) 50
TABLE 2 AUTOMOTIVE THERMAL SYSTEM MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2018–2026 (USD BILLION) 51
3.2 REPORT SUMMARY 51
FIGURE 8 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2021 VS. 2026 (USD MILLION) 53
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE THERMAL SYSTEM MARKET 54
FIGURE 9 STRINGENT EMISSION NORMS AND RISING DEMAND FOR ELECTRIC VEHICLES ARE EXPECTED TO DRIVE THE AUTOMOTIVE THERMAL SYSTEM MARKET 54
4.2 AUTOMOTIVE THERMAL SYSTEM MARKET, BY REGION 55
FIGURE 10 ASIA PACIFIC IS EXPECTED TO DOMINATE THE AUTOMOTIVE THERMAL SYSTEM MARKET 55
4.3 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE) 55
FIGURE 11 FRONT AIR CONDITIONING SEGMENT TO HOLD LARGEST MARKET BY 2026 55
4.4 AUTOMOTIVE THERMAL SYSTEM MARKET, BY VEHICLE TYPE (ICE) 56
FIGURE 12 PASSENGER CAR SEGMENT PROJECTED TO HOLD LARGEST MARKET BY 2027 56
4.5 ELECTRIC & HYBRID VEHICLE THERMAL SYSTEM MARKET, BY APPLICATION 56
FIGURE 13 WASTE HEAT RECOVERY SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 56
4.6 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE 57
FIGURE 14 BEV SEGMENT TO HOLD LARGEST MARKET DURING FORECAST PERIOD 57
4.7 AUTOMOTIVE THERMAL SYSTEM MARKET, BY TECHNOLOGY (ICE) 57
FIGURE 15 EGR TO HOLD LARGEST MARKET DURING FORECAST PERIOD 57
4.8 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT 58
FIGURE 16 HEAT EXCHANGER TO HOLD LARGEST MARKET DURING FORECAST PERIOD 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 60
FIGURE 17 THERMAL SYSTEM FOR AUTOMOTIVE: MARKET DYNAMICS 60
5.2.1 DRIVERS 60
5.2.1.1 Increasing stringency of emission regulations 60
TABLE 3 EMISSION NORM SPECIFICATIONS IN KEY COUNTRIES FOR PASSENGER CARS 61
5.2.1.2 Increasing demand for luxury and comfort features 62
TABLE 4 ADVANCED THERMAL SYSTEM TECHNOLOGY OFFERED BY KEY OEMS 62
5.2.2 RESTRAINTS 63
5.2.2.1 High cost of thermal system technology 63
TABLE 5 ECONOMIC COMPARISON OF OVER 60 THERMAL SYSTEM TECHNOLOGIES: VALUE VS. COST OF CO2 REDUCTION 63
5.2.3 OPPORTUNITIES 64
5.2.3.1 Advancements in mobility solutions 64
5.2.3.2 Increase in demand for electric vehicles 65
FIGURE 18 ELECTRIC AND HYBRID VEHICLE FORECAST FROM 2021 TO 2030 (‘000 UNITS) 65
5.2.4 CHALLENGES 66
5.2.4.1 Lack of standardization 66
5.2.4.2 Low adoption of advanced thermal systems in developing countries 66
TABLE 6 ADOPTION RATE OF THERMAL SYSTEMS IN PASSENGER CARS IN KEY COUNTRIES 66
5.3 TRENDS/DISRUPTIONS IMPACTING BUYERS 67
FIGURE 19 TRENDS/DISRUPTIONS IMPACTING BUYERS 67
5.4 AUTOMOTIVE THERMAL SYSTEM MARKET SCENARIO 68
FIGURE 20 AUTOMOTIVE THERMAL SYSTEM MARKET SCENARIO,
2018–2026 (USD MILLION) 68
5.4.1 REALISTIC SCENARIO 68
TABLE 7 AUTOMOTIVE THERMAL SYSTEM MARKET (REALISTIC SCENARIO), BY REGION, 2018–2026 (USD BILLION) 69
5.4.2 LOW-IMPACT SCENARIO 69
TABLE 8 AUTOMOTIVE THERMAL SYSTEM MARKET (LOW-IMPACT SCENARIO),
BY REGION, 2018–2026 (USD MILLION) 69
5.4.3 HIGH-IMPACT SCENARIO 70
TABLE 9 AUTOMOTIVE THERMAL SYSTEM MARKET (HIGH-IMPACT SCENARIO),
BY REGION, 2018–2026 (USD MILLION) 70
5.5 PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS: PRESENCE OF ESTABLISHED GLOBAL PLAYERS INCREASES THE DEGREE OF COMPETITION 71
5.5.1 PORTER’S FIVE FORCES ANALYSIS 71
5.5.2 THREAT OF SUBSTITUTES 72
5.5.3 THREAT OF NEW ENTRANTS 72
5.5.4 BARGAINING POWER OF BUYERS 72
5.5.5 BARGAINING POWER OF SUPPLIERS 72
5.5.6 INTENSITY OF COMPETITIVE RIVALRY 72
5.6 AUTOMOTIVE THERMAL SYSTEM MARKET ECOSYSTEM 73
TABLE 10 AUTOMOTIVE SUSPENSION MARKET: ROLE OF COMPANIES IN ECOSYSTEM 73
5.7 SUPPLY CHAIN ANALYSIS 74
FIGURE 22 SUPPLY CHAIN ANALYSIS: AUTOMOTIVE THERMAL SYSTEM MARKET 74
5.8 AVERAGE SELLING PRICE TREND 74
5.8.1 AVERAGE REGIONAL PRICE TREND: PASSENGER CARS THERMAL SYSTEM MAJOR COMPONENTS (USD/UNIT), 2021 75
5.8.2 AVERAGE REGIONAL PRICE TREND: LIGHT COMMERCIAL VEHICLES THERMAL SYSTEM MAJOR COMPONENTS (USD/UNIT), 2021 75
5.8.3 AVERAGE REGIONAL PRICE TREND: TRUCK THERMAL SYSTEM MAJOR COMPONENTS (USD/UNIT), 2021 76
5.8.4 AVERAGE REGIONAL PRICE TREND: BUS THERMAL SYSTEM MAJOR COMPONENTS (USD/UNIT), 2021 76
5.9 PATENT ANALYSIS 77
5.9.1 APPLICATIONS AND PATENTS GRANTED, 2018–2020 77
5.10 CASE STUDY ANALYSIS 79
5.10.1 COOLING SYSTEM MAINTENANCE AND SERVICE CASE STUDY 79
5.10.2 OPTARE CASE STUDY 79
5.11 TRADE ANALYSIS 80
5.11.1 IMPORT AND EXPORT DATA OF RADIATORS AND PARTS, BY COUNTRY,
2020 (USD THOUSANDS) 80
TABLE 11 IMPORT TRADE DATA OF RADIATORS AND PARTS, BY COUNTRY, 2020 80
TABLE 12 EXPORT TRADE DATA OF RADIATORS AND PARTS, BY COUNTRY, 2020 80
5.11.2 IMPORT AND EXPORT DATA OF AIR CONDITIONING MACHINES USED IN VEHICLES FOR CABIN, BY COUNTRY, 2020 (USD THOUSANDS) 81
TABLE 13 IMPORT TRADE DATA OF AIR CONDITIONING MACHINES USED IN VEHICLES FOR CABIN, BY COUNTRY, 2020 81
TABLE 14 EXPORT TRADE DATA OF AIR CONDITIONING MACHINES USED IN VEHICLES FOR CABIN, BY COUNTRY, 2020 81
5.12 REGULATORY FRAMEWORK 82
5.12.1 EMISSION REGULATIONS 82
5.12.1.1 On-road vehicles 82
TABLE 15 EURO-5 VS. EURO-6 VEHICLE EMISSION STANDARDS ON NEW EUROPEAN DRIVING CYCLE 82
TABLE 16 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR PASSENGER CARS, 2016–2021 82
FIGURE 23 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR HEAVY-DUTY VEHICLES, 2014–2025 83
5.13 FUEL ECONOMY NORMS 83
5.13.1 US 83
TABLE 17 US: CAFE STANDARDS FOR EACH MODEL YEAR IN MILES PER GALLON, 2012–2025 83
5.13.2 EUROPE 84
5.13.3 CHINA 84
5.13.4 INDIA 84
5.14 TECHNOLOGY ANALYSIS 84
5.14.1 AUTOMOTIVE THERMAL SYSTEM TECHNOLOGICAL ANALYSIS 84
5.14.2 PASSENGER COMFORT TECHNOLOGY 85
6 RECOMMENDATIONS BY MARKETSANDMARKETS 86
6.1 ASIA PACIFIC WILL BE MAJOR MARKET FOR THERMAL SYSTEMS 86
6.2 ELECTRIC & HYBRID VEHICLE THERMAL SYSTEM APPLICATIONS CAN BE A KEY FOCUS FOR MANUFACTURERS 86
6.3 CONCLUSION 86
7 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE) 87
7.1 INTRODUCTION 88
7.1.1 RESEARCH METHODOLOGY 88
7.1.2 ASSUMPTIONS 88
7.1.3 INDUSTRY INSIGHTS 89
FIGURE 24 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2021 VS. 2026 (USD MILLION) 89
TABLE 18 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2018–2020 (‘000 UNITS) 90
TABLE 19 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2021–2026 (‘000 UNITS) 90
TABLE 20 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2018–2020 (USD MILLION) 91
TABLE 21 AUTOMOTIVE THERMAL SYSTEM MARKET, BY APPLICATION (ICE),
2021–2026 (USD MILLION) 91
7.2 ENGINE COOLING 92
7.2.1 ENGINE DOWNSIZING AND DEMAND FOR LOW EMISSION ENGINES WILL DRIVE THE SEGMENT 92
TABLE 22 ENGINE COOLING SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 92
TABLE 23 ENGINE COOLING SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 92
TABLE 24 ENGINE COOLING SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 93
TABLE 25 ENGINE COOLING SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 93
7.3 FRONT AIR CONDITIONING 93
7.3.1 INCREASING DEMAND FOR COMFORT AND ADVANCEMENTS IN TECHNOLOGY TO DRIVE THE SEGMENT 93
TABLE 26 FRONT AIR CONDITIONING SYSTEM MARKET, BY REGION,
2018–2020 (‘000 UNITS) 94
TABLE 27 FRONT AIR CONDITIONING SYSTEM MARKET, BY REGION,
2021–2026 (‘000 UNITS) 94
TABLE 28 FRONT AIR CONDITIONING SYSTEM MARKET, BY REGION,
2018–2020 (USD MILLION) 94
TABLE 29 FRONT AIR CONDITIONING SYSTEM MARKET, BY REGION,
2021–2026 (USD MILLION) 95
7.4 REAR AIR CONDITIONING 95
7.4.1 RISING AMOUNT OF TIME SPENT BY PEOPLE IN VEHICLES AND DEMAND FOR COMFORT FEATURES TO DRIVE THE SEGMENT 95
TABLE 30 REAR AIR CONDITIONING SYSTEM MARKET, BY REGION,
2018–2020 (‘000 UNITS) 95
TABLE 31 REAR AIR CONDITIONING SYSTEM MARKET, BY REGION,
2021–2026 (‘000 UNITS) 96
TABLE 32 REAR AIR CONDITIONING SYSTEM MARKET, BY REGION,
2018–2020 (USD MILLION) 96
TABLE 33 REAR AIR CONDITIONING SYSTEM MARKET, BY REGION,
2021–2026 (USD MILLION) 96
7.5 TRANSMISSION SYSTEM 97
7.5.1 GROWING DEMAND FOR AUTOMATIC TRANSMISSION IN DEVELOPING COUNTRIES TO DRIVE THE SEGMENT 97
TABLE 34 TRANSMISSION SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 97
TABLE 35 TRANSMISSION SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 97
TABLE 36 TRANSMISSION SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 98
TABLE 37 TRANSMISSION SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 98
7.6 HEATED/VENTILATED SEATS 98
7.6.1 INCREASING DEMAND FOR CABIN COMFORT TO DRIVE THE SEGMENT 98
TABLE 38 HEATED/VENTILATED SEATS SYSTEM MARKET, BY REGION,
2018–2020 (‘000 UNITS) 99
TABLE 39 HEATED/VENTILATED SEATS MARKET, BY REGION, 2021–2026 (‘000 UNITS) 99
TABLE 40 HEATED/VENTILATED SEATS MARKET, BY REGION,
2018–2020 (USD MILLION) 99
TABLE 41 HEATED/VENTILATED SEATS MARKET, BY REGION,
2021–2026 (USD MILLION) 100
7.7 HEATED STEERING 100
7.7.1 GROWING DEMAND FOR COMFORT FEATURES IN COLD REGIONS TO DRIVE THE SEGMENT 100
TABLE 42 HEATED STEERING MARKET, BY REGION, 2018–2020 (‘000 UNITS) 100
TABLE 43 HEATED STEERING MARKET, BY REGION, 2021–2026 (‘000 UNITS) 101
TABLE 44 HEATED STEERING MARKET, BY REGION, 2018–2020 (USD MILLION) 101
TABLE 45 HEATED STEERING MARKET, BY REGION, 2021–2026 (USD MILLION) 101
7.8 WASTE HEAT RECOVERY 102
7.8.1 EMISSION REGULATIONS AND INCREASING DEMAND FOR HYBRID VEHICLES TO DRIVE THE SEGMENT 102
TABLE 46 WASTE HEAT RECOVERY MARKET, BY REGION, 2018–2020 (‘000 UNITS) 102
TABLE 47 WASTE HEAT RECOVERY MARKET, BY REGION, 2021–2026 (‘000 UNITS) 102
TABLE 48 WASTE HEAT RECOVERY MARKET, BY REGION, 2018–2020 (USD MILLION) 103
TABLE 49 WASTE HEAT RECOVERY MARKET, BY REGION, 2021–2026 (USD MILLION) 103
8 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE 104
8.1 INTRODUCTION 105
8.1.1 RESEARCH METHODOLOGY 105
8.1.2 ASSUMPTIONS 106
8.1.3 INDUSTRY INSIGHTS 106
FIGURE 25 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE,
2021 VS. 2026 (USD MILLION) 106
TABLE 50 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE,
2018–2020 (‘000 UNITS) 107
TABLE 51 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE,
2021–2026 (‘000 UNITS) 107
TABLE 52 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE,
2018–2020 (USD MILLION) 107
TABLE 53 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ICE VEHICLE TYPE,
2021–2026 (USD MILLION) 108
 
8.2 PASSENGER CAR 108
8.2.1 DEMAND FOR FUEL-EFFICIENT PASSENGER CARS TO DRIVE THE SEGMENT 108
TABLE 54 PASSENGER CAR: THERMAL SYSTEM MARKET, BY REGION,
2018–2020 (‘000 UNITS) 109
TABLE 55 PASSENGER CAR: THERMAL SYSTEM MARKET, BY REGION,
2021–2026 (‘000 UNITS) 109
TABLE 56 PASSENGER CAR: THERMAL SYSTEM MARKET, BY REGION,
2018–2020 (USD MILLION) 109
TABLE 57 PASSENGER CAR: THERMAL SYSTEM MARKET, BY REGION,
2021–2026 (USD MILLION) 110
8.3 LIGHT COMMERCIAL VEHICLE (LCV) 110
8.3.1 HIGH DEMAND IN NORTH AMERICA TO DRIVE THE SEGMENT 110
TABLE 58 LIGHT COMMERCIAL VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 110
TABLE 59 LIGHT COMMERCIAL VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 111
TABLE 60 LIGHT COMMERCIAL VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 111
TABLE 61 LIGHT COMMERCIAL VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 111
8.4 TRUCK 112
8.4.1 GROWTH IN LARGE-SCALE INDUSTRIES, LOGISTICS, AND CONSTRUCTION IN ASIA PACIFIC TO DRIVE THE SEGMENT 112
TABLE 62 TRUCK: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 112
TABLE 63 TRUCK: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 112
TABLE 64 TRUCK: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 113
TABLE 65 TRUCK: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 113
8.5 BUS 113
8.5.1 HIGH DEPENDENCE ON PUBLIC TRANSPORT TO DRIVE THE SEGMENT 113
TABLE 66 BUS: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 114
TABLE 67 BUS: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 114
TABLE 68 BUS: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 114
TABLE 69 BUS: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 115
9 AUTOMOTIVE THERMAL SYSTEM MARKET (ICE), BY TECHNOLOGY 116
9.1 INTRODUCTION 117
9.1.1 RESEARCH METHODOLOGY 117
9.1.2 ASSUMPTIONS 117
9.1.3 INDUSTRY INSIGHTS 117
FIGURE 26 AUTOMOTIVE THERMAL SYSTEM MARKET (ICE), BY TECHNOLOGY,
2021 VS. 2026 (‘000 UNITS) 118
TABLE 70 AUTOMOTIVE THERMAL SYSTEM MARKET (ICE), BY TECHNOLOGY,
2018–2020 (OOO’ UNITS) 118
TABLE 71 AUTOMOTIVE THERMAL SYSTEM MARKET ICE), BY TECHNOLOGY,
2021–2026 (OOO’ UNITS) 119
 
9.2 ACTIVE TRANSMISSION WARM UP 119
9.2.1 FUEL ECONOMY AND FASTER TRANSMISSION TECHNOLOGY TO DRIVE DEMAND 119
TABLE 72 ACTIVE TRANSMISSION WARM UP SYSTEM MARKET, BY REGION,
2018–2020 (OOO’ UNITS) 119
TABLE 73 ACTIVE TRANSMISSION WARM UP SYSTEM MARKET, BY REGION,
2021–2026 (OOO’ UNITS) 120
9.3 EGR 120
9.3.1 INCREASED ADOPTION OF SCR SYSTEMS TO RESTRAIN DEMAND 120
TABLE 74 EGR SYSTEM MARKET, BY REGION, 2018–2020 (OOO’ UNITS) 120
TABLE 75 EGR SYSTEM MARKET, BY REGION, 2021–2026 (OOO’ UNITS) 121
9.4 ENGINE THERMAL MASS REDUCTION 121
9.4.1 DEMAND FOR FUEL-EFFICIENT VEHICLES TO DRIVE THE SEGMENT 121
TABLE 76 ENGINE THERMAL MASS REDUCTION MARKET, BY REGION,
2018–2020 (OOO’ UNITS) 121
TABLE 77 ENGINE THERMAL MASS REDUCTION MARKET, BY REGION,
2021–2026 (OOO’ UNITS) 122
9.5 REDUCED HVAC SYSTEM LOADING 122
9.5.1 DEMAND FOR ENHANCED CABIN COMFORT TO DRIVE THE SEGMENT 122
TABLE 78 REDUCED HVAC SYSTEM LOADING MARKET, BY REGION,
2018–2020 (OOO’ UNITS) 122
TABLE 79 REDUCED HVAC SYSTEM LOADING MARKET, BY REGION,
2021–2026 (OOO’ UNITS) 123
9.6 OTHER TECHNOLOGIES 123
9.6.1 PERFORMANCE CARS TO DRIVE THE SEGMENT 123
TABLE 80 OTHER AUTOMOTIVE THERMAL TECHNOLOGIES MARKET, BY REGION,
2018–2020 (OOO’ UNITS) 123
TABLE 81 OTHER AUTOMOTIVE THERMAL TECHNOLOGIES MARKET, BY REGION,
2021–2026 (OOO’ UNITS) 124
10 ELECTRIC & HYBRID VEHICLE THERMAL SYSTEM MARKET, BY APPLICATION 125
10.1 INTRODUCTION 126
10.1.1 RESEARCH METHODOLOGY 126
10.1.2 ASSUMPTIONS 127
10.1.3 INDUSTRY INSIGHTS 127
FIGURE 27 ELECTRIC & HYBRID VEHICLE THERMAL SYSTEM MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION) 127
TABLE 82 ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION,
2018–2020 (‘000 UNITS) 128
TABLE 83 ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION,
2021–2026 (‘000 UNITS) 128
TABLE 84 ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION,
2018–2020 (USD MILLION) 129
TABLE 85 ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 129
 
10.2 BATTERY THERMAL MANAGEMENT 130
10.2.1 GOVERNMENT POLICIES FOR ELECTRIC VEHICLES TO DRIVE THE SEGMENT 130
TABLE 86 BATTERY THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 130
TABLE 87 BATTERY THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 130
TABLE 88 BATTERY THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 131
TABLE 89 BATTERY THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 131
10.3 TRANSMISSION SYSTEM 132
10.3.1 INCREASED DEMAND FOR AUTOMATIC TRANSMISSION TO DRIVE THE SEGMENT 132
TABLE 90 TRANSMISSION SYSTEM: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 132
TABLE 91 TRANSMISSION SYSTEM: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 132
TABLE 92 TRANSMISSION SYSTEM: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 132
TABLE 93 TRANSMISSION SYSTEM: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 133
10.4 ENGINE COOLING 133
10.4.1 DEMAND FOR EFFICIENT ENGINES TO DRIVE THE SEGMENT 133
TABLE 94 ENGINE COOLING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (‘000 UNITS) 133
TABLE 95 ENGINE COOLING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (‘000 UNITS) 134
TABLE 96 ENGINE COOLING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (USD MILLION) 134
TABLE 97 ENGINE COOLING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (USD MILLION) 134
10.5 FRONT AIR CONDITIONING 135
10.5.1 DEMAND FOR COMFORT AND CONVENIENCE TO DRIVE THE SEGMENT 135
TABLE 98 FRONT AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 135
TABLE 99 FRONT AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 135
TABLE 100 FRONT AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 135
TABLE 101 FRONT AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 136
10.6 MOTOR THERMAL MANAGEMENT 136
10.6.1 DEMAND FOR ADVANCED ELECTRIC AND HYBRID POWERTRAINS TO DRIVE THE SEGMENT 136
TABLE 102 MOTOR THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 136
TABLE 103 MOTOR THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 137
TABLE 104 MOTOR THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 137
TABLE 105 MOTOR THERMAL MANAGEMENT: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 137
10.7 POWER ELECTRONICS 138
10.7.1 DEMAND FOR SMART HYBRID AND ELECTRIC VEHICLES TO DRIVE THE SEGMENT 138
TABLE 106 POWER ELECTRONICS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (‘000 UNITS) 138
TABLE 107 POWER ELECTRONICS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (‘000 UNITS) 138
TABLE 108 POWER ELECTRONICS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (USD MILLION) 139
TABLE 109 POWER ELECTRONICS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (USD MILLION) 139
10.8 REAR AIR CONDITIONING 139
10.8.1 INCREASED DEMAND FOR LUXURY AND MID-SEGMENT VEHICLES TO DRIVE THE SEGMENT 139
TABLE 110 REAR AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 140
TABLE 111 REAR AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 140
TABLE 112 REAR AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 140
TABLE 113 REAR AIR CONDITIONING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 141
10.9 HEATED/VENTILATED SEATS 141
10.9.1 DEMAND FOR CABIN COMFORT FEATURES TO DRIVE THE SEGMENT 141
TABLE 114 HEATED/VENTILATED SEATS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (‘000 UNITS) 141
TABLE 115 HEATED/VENTILATED SEATS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (‘000 UNITS) 142
TABLE 116 HEATED/VENTILATED SEATS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2018–2020 (USD MILLION) 142
TABLE 117 HEATED/VENTILATED SEATS: ELECTRIC & HYBRID THERMAL SYSTEM MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 142
10.10 HEATED STEERING 143
10.10.1 DEMAND FOR LUXURY VEHICLES TO DRIVE THE SEGMENT 143
TABLE 118 HEATED STEERING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (‘000 UNITS) 143
TABLE 119 HEATED STEERING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (‘000 UNITS) 143
TABLE 120 HEATED STEERING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (USD MILLION) 143
TABLE 121 HEATED STEERING: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (USD MILLION) 144
 
10.11 WASTE HEAT RECOVERY 144
10.11.1 NEW TECHNOLOGIES FOR WASTE HEAT RECOVERY TO DRIVE THE SEGMENT 144
TABLE 122 WASTE HEAT RECOVERY: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (‘000 UNITS) 144
TABLE 123 WASTE HEAT RECOVERY: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (‘000 UNITS) 145
TABLE 124 WASTE HEAT RECOVERY: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2018–2020 (USD MILLION) 145
TABLE 125 WASTE HEAT RECOVERY: ELECTRIC & HYBRID THERMAL SYSTEM MARKET,
BY APPLICATION, 2021–2026 (USD MILLION) 145
11 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE 146
11.1 INTRODUCTION 147
11.1.1 RESEARCH METHODOLOGY 147
11.1.2 ASSUMPTIONS 148
11.1.3 INDUSTRY INSIGHTS 148
FIGURE 28 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE,
2021 VS. 2026 (USD MILLION) 148
TABLE 126 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE,
2018–2020 (‘000 UNITS) 149
TABLE 127 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE,
2021–2026 (‘000 UNITS) 149
TABLE 128 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE,
2018–2020 (USD MILLION) 149
TABLE 129 AUTOMOTIVE THERMAL SYSTEM MARKET, BY ELECTRIC VEHICLE TYPE,
2021–2026 (USD MILLION) 150
11.2 BATTERY ELECTRIC VEHICLE (BEV) 150
11.2.1 GOVERNMENT SUBSIDIES AND INVESTMENTS IN CHARGING INFRASTRUCTURE TO DRIVE DEMAND 150
TABLE 130 TOP-SELLING BEV MODELS & THERMAL SYSTEM APPLICATIONS, 2019 150
TABLE 131 BEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 151
TABLE 132 BEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 151
TABLE 133 BEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 151
TABLE 134 BEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 151
11.3 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 152
11.3.1 BENEFIT OF HIGHER RANGE TO DRIVE DEMAND 152
TABLE 135 TOP-SELLING PHEV MODELS & THERMAL SYSTEM APPLICATIONS, 2017 152
TABLE 136 PHEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 152
TABLE 137 PHEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 152
TABLE 138 PHEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 153
TABLE 139 PHEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 153
11.4 FUEL CELL ELECTRIC VEHICLE (FCEV) 153
11.4.1 ADVANTAGE OF BETTER FUEL ECONOMY TO DRIVE DEMAND 153
TABLE 140 TOP-SELLING FCEV MODELS & THERMAL SYSTEM APPLICATIONS, 2019 153
TABLE 141 FCEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 154
TABLE 142 FCEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 154
TABLE 143 FCEV: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 154
TABLE 144 FCEV: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 154
11.5 48V MILD HYBRID VEHICLE 155
11.5.1 EMISSION REGULATIONS TO DRIVE DEMAND 155
TABLE 145 TOP-SELLING 48V MILD HYBRID MODELS & THERMAL SYSTEM APPLICATIONS, 2019 155
TABLE 146 MILD HYBRID (48V) VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (‘000 UNITS) 156
TABLE 147 MILD HYBRID (48V) VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (‘000 UNITS) 156
TABLE 148 MILD HYBRID (48V) VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2018–2020 (USD MILLION) 156
TABLE 149 MILD HYBRID (48V) VEHICLE: THERMAL SYSTEM MARKET, BY REGION, 2021–2026 (USD MILLION) 157
12 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT 158
12.1 INTRODUCTION 159
12.1.1 RESEARCH METHODOLOGY 159
12.1.2 ASSUMPTIONS 159
12.1.3 INDUSTRY INSIGHTS 160
FIGURE 29 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT,
2019 VS. 2027 (USD MILLION) 160
TABLE 150 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT,
2018–2020 (‘000 UNITS) 161
TABLE 151 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT,
2021–2026 (‘000 UNITS) 162
TABLE 152 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT,
2018–2020 (USD MILLION) 163
TABLE 153 AUTOMOTIVE THERMAL SYSTEM MARKET, BY COMPONENT,
2021–2026 (USD MILLION) 164
12.2 AIR FILTER 165
12.2.1 DEMAND FOR COMPLEX FLOW GUIDANCE DESIGN TO DRIVE THE SEGMENT 165
TABLE 154 AIR FILTER MARKET, BY REGION, 2018–2020 (‘000 UNITS) 165
TABLE 155 AIR FILTER MARKET, BY REGION, 2021–2026 (‘000 UNITS) 165
TABLE 156 AIR FILTER MARKET, BY REGION, 2018–2020 (USD MILLION) 166
TABLE 157 AIR FILTER MARKET, BY REGION, 2021–2026 (USD MILLION) 166
12.3 CONDENSER 167
12.3.1 FOCUS ON REDUCING POWER CONSUMPTION AND INCREASING FUEL EFFICIENCY TO DRIVE DEMAND 167
TABLE 158 CONDENSER MARKET, BY REGION, 2018–2020 (‘000 UNITS) 167
TABLE 159 CONDENSER MARKET, BY REGION, 2021–2026 (‘000 UNITS) 167
TABLE 160 CONDENSER MARKET, BY REGION, 2018–2020 (USD MILLION) 168
TABLE 161 CONDENSER MARKET, BY REGION, 2021–2026 (USD MILLION) 168
 
12.4 COMPRESSOR 169
12.4.1 GROWING TREND OF ADVANCED COMFORT AND CONVENIENCE FEATURES TO DRIVE DEMAND 169
TABLE 162 COMPRESSOR MARKET, BY REGION, 2018–2020 (‘000 UNITS) 169
TABLE 163 COMPRESSOR MARKET, BY REGION, 2021–2026 (‘000 UNITS) 169
TABLE 164 COMPRESSOR MARKET, BY REGION, 2018–2020 (USD MILLION) 170
TABLE 165 COMPRESSOR MARKET, BY REGION, 2021–2026 (USD MILLION) 170
12.5 WATER PUMP 171
12.5.1 DEMAND FOR INCREASING ENGINE EFFICIENCY TO DRIVE DEMAND 171
TABLE 166 WATER PUMP MARKET, BY REGION, 2018–2020 (‘000 UNITS) 171
TABLE 167 WATER PUMP MARKET, BY REGION, 2021–2026 (‘000 UNITS) 171
TABLE 168 WATER PUMP MARKET, BY REGION, 2018–2020 (USD MILLION) 172
TABLE 169 WATER PUMP MARKET, BY REGION, 2021–2026 (USD MILLION) 172
12.6 MOTOR 172
12.6.1 BENEFITS LIKE BETTER EFFICIENCY & PERFORMANCE TO DRIVE DEMAND 172
12.6.1.1 Engine cooling motor 172
12.6.1.2 Air conditioning motor 173
TABLE 170 MOTORS MARKET, BY REGION, 2018–2020 (‘000 UNITS) 173
TABLE 171 MOTORS MARKET, BY REGION, 2021–2026 (‘000 UNITS) 173
TABLE 172 MOTORS MARKET, BY REGION, 2018–2020 (USD MILLION) 173
TABLE 173 MOTORS MARKET, BY REGION, 2021–2026 (USD MILLION) 174
12.7 HEAT EXCHANGER 174
12.7.1 INCREASING DEMAND FOR ELECTRIC & HYBRID VEHICLES TO DRIVE THE SEGMENT 174
12.7.1.1 Heat exchanger for engine cooling and transmission 174
12.7.1.2 Heat exchanger for air conditioning and waste heat recovery 174
12.7.1.3 Heat exchanger for electric vehicle motor, battery, and power electronics 174
TABLE 174 HEAT EXCHANGER MARKET, BY REGION, 2018–2020 (‘000 UNITS) 175
TABLE 175 HEAT EXCHANGER MARKET, BY REGION, 2021–2026 (‘000 UNITS) 175
TABLE 176 HEAT EXCHANGER MARKET, BY REGION, 2018–2020 (USD MILLION) 175
TABLE 177 HEAT EXCHANGER MARKET, BY REGION, 2021–2026 (USD MILLION) 176
12.8 HEATER CONTROL UNIT 176
12.8.1 INCREASING DEMAND FOR MORE LUXURY AND COMFORT TO DRIVE THE SEGMENT 176
TABLE 178 HEATER CONTROL UNIT MARKET, BY REGION, 2018–2020 (‘000 UNITS) 176
TABLE 179 HEATER CONTROL UNIT MARKET, BY REGION, 2021–2026 (‘000 UNITS) 177
TABLE 180 HEATER CONTROL UNIT MARKET, BY REGION, 2018–2020 (USD MILLION) 177
TABLE 181 HEATER CONTROL UNIT MARKET, BY REGION, 2021–2026 (USD MILLION) 177
12.9 THERMOELECTRIC GENERATOR 178
12.9.1 NEED FOR REDUCTION IN FUEL CONSUMPTION TO DRIVE DEMAND 178
TABLE 182 THERMOELECTRIC GENERATOR MARKET, BY REGION,
2018–2020 (‘000 UNITS) 178
TABLE 183 THERMOELECTRIC GENERATOR MARKET, BY REGION,
2021–2026 (‘000 UNITS) 178
TABLE 184 THERMOELECTRIC GENERATOR MARKET, BY REGION,
2018–2020 (USD MILLION) 178
TABLE 185 THERMOELECTRIC GENERATOR MARKET, BY REGION,
2021–2026 (USD MILLION) 179
12.10 ELECTRIC COMPRESSOR 179
12.10.1 DEMAND FOR ENVIRONMENT-FRIENDLY TECHNOLOGIES AND OPTIMAL PASSENGER TO DRIVE THE SEGMENT 179
TABLE 186 ELECTRIC COMPRESSOR MARKET, BY REGION, 2018–2020 (‘000 UNITS) 179
TABLE 187 ELECTRIC COMPRESSOR MARKET, BY REGION, 2021–2026 (‘000 UNITS) 180
TABLE 188 ELECTRIC COMPRESSOR MARKET, BY REGION, 2018–2020 (USD MILLION) 180
TABLE 189 ELECTRIC COMPRESSOR MARKET, BY REGION, 2021–2026 (USD MILLION) 180
12.11 ELECTRIC WATER PUMP 181
12.11.1 GROWTH OF ELECTRIC & HYBRID VEHICLES TO DRIVE DEMAND 181
TABLE 190 ELECTRIC WATER PUMP MARKET, BY REGION, 2018–2020 (‘000 UNITS) 181
TABLE 191 ELECTRIC WATER PUMP MARKET, BY REGION, 2021–2026 (‘000 UNITS) 181
TABLE 192 ELECTRIC WATER PUMP MARKET, BY REGION, 2018–2020 (USD MILLION) 181
TABLE 193 ELECTRIC WATER PUMP MARKET, BY REGION, 2021–2026 (USD MILLION) 182
12.12 ELECTRIC MOTOR 182
12.12.1 HUGE INVESTMENTS IN ELECTRIC AND HYBRID VEHICLES TO DRIVE DEMAND 182
12.12.1.1 Engine cooling electric motor 182
12.12.1.2 Air conditioning electric motor 182
TABLE 194 ELECTRIC MOTORS MARKET, BY REGION, 2018–2020 (‘000 UNITS) 182
TABLE 195 ELECTRIC MOTORS MARKET, BY REGION, 2021–2026 (‘000 UNITS) 183
TABLE 196 ELECTRIC MOTORS MARKET, BY REGION, 2018–2020 (USD MILLION) 183
TABLE 197 ELECTRIC MOTORS MARKET, BY REGION, 2021–2026 (USD MILLION) 183
12.13 EGR VALVE 184
12.13.1 INCREASING STRINGENCY IN FUEL CONSUMPTION AND EMISSION NORMS TO DRIVE DEMAND 184
TABLE 198 EGR VALVE MARKET, BY REGION, 2018–2020 (‘000 UNITS) 184
TABLE 199 EGR VALVE MARKET, BY REGION, 2021–2026 (‘000 UNITS) 184
TABLE 200 EGR VALVE MARKET, BY REGION, 2018–2020 (USD MILLION) 184
TABLE 201 EGR VALVE MARKET, BY REGION, 2021–2026 (USD MILLION) 185
12.14 A/C VALVE 185
12.14.1 DEMAND FOR EFFICIENT CABIN CLIMATE CONTROL TECHNOLOGIES TO DRIVE THE SEGMENT 185
TABLE 202 A/C VALVE MARKET, BY REGION, 2018–2020 (‘000 UNITS) 185
TABLE 203 A/C VALVE MARKET, BY REGION, 2021–2026 (‘000 UNITS) 186
TABLE 204 A/C VALVE MARKET, BY REGION, 2018–2020 (USD MILLION) 186
TABLE 205 A/C VALVE MARKET, BY REGION, 2021–2026 (USD MILLION) 186
 
12.15 OXYGEN SENSOR 187
12.15.1 GROWING AWARENESS AND NEED TO REDUCE FUEL CONSUMPTION AND EMISSIONS TO DRIVE DEMAND 187
TABLE 206 OXYGEN SENSOR MARKET, BY REGION, 2018–2020 (‘000 UNITS) 187
TABLE 207 OXYGEN SENSOR MARKET, BY REGION, 2021–2026 (‘000 UNITS) 187
TABLE 208 OXYGEN SENSOR MARKET, BY REGION, 2018–2020 (USD MILLION) 188
TABLE 209 OXYGEN SENSOR MARKET, BY REGION, 2021–2026 (USD MILLION) 188
12.16 TEMPERATURE SENSOR 189
12.16.1 GROWING AWARENESS AND NEED FOR THERMAL MANAGEMENT SYSTEMS TO DRIVE DEMAND 189
TABLE 210 TEMPERATURE SENSOR MARKET, BY REGION, 2018–2020 (‘000 UNITS) 189
TABLE 211 TEMPERATURE SENSOR MARKET, BY REGION, 2021–2026 (‘000 UNITS) 189
TABLE 212 TEMPERATURE SENSOR MARKET, BY REGION, 2018–2020 (USD MILLION) 190
TABLE 213 TEMPERATURE SENSOR MARKET, BY REGION, 2021–2026 (USD MILLION) 190
12.17 CHARGE AIR COOLER 190
12.17.1 NEED FOR HIGH POWER ENGINE OUTPUT TO DRIVE DEMAND 190
TABLE 214 CHARGE AIR COOLER MARKET, BY REGION, 2018–2020 (‘000 UNITS) 191
TABLE 215 CHARGE AIR COOLER MARKET, BY REGION, 2021–2026 (‘000 UNITS) 191
TABLE 216 CHARGE AIR COOLER MARKET, BY REGION, 2018–2020 (USD MILLION) 191
TABLE 217 CHARGE AIR COOLER MARKET, BY REGION, 2021–2026 (USD MILLION) 192

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

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1 User License $4,950

Publication Date:  April, 2022

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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