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Automotive Wheels Aftermarket by Aftermarket (New Wheel Replacement & Refurbished Wheel Fitment), Vehicle (PC, CV), Coating, Material, Rim Size (13-15...

Publisher:        MarketsandMarkets

# of Pages:        229

Rating: 

1 User License $4,950

Publication Date:  March, 2022

Price:       $4,950 / User License




1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 MARKET DEFINITION 31
1.2.1 INCLUSIONS & EXCLUSIONS 32
TABLE 1 INCLUSIONS & EXCLUSIONS IN AUTOMOTIVE WHEELS AFTERMARKET 32
1.3 MARKET SCOPE 33
1.3.1 MARKETS COVERED 33
FIGURE 1 AUTOMOTIVE WHEELS AFTERMARKET SEGMENTATION 33
1.3.2 YEARS CONSIDERED FOR STUDY 34
1.4 CURRENCY & PRICING 34
TABLE 2 GLOBAL EXCHANGE RATE WRT USD 34
1.5 PACKAGE SIZE 34
1.6 STAKEHOLDERS 35
1.7 SUMMARY OF CHANGES 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 AUTOMOTIVE WHEELS AFTERMARKET: RESEARCH DESIGN 36
FIGURE 3 RESEARCH METHODOLOGY MODEL 37
2.2 SECONDARY DATA 38
2.2.1 KEY SECONDARY SOURCES 38
2.2.2 KEY DATA FROM SECONDARY SOURCES 39
2.3 PRIMARY DATA 40
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 40
2.3.1 LIST OF PRIMARY PARTICIPANTS 41
2.4 MARKET ESTIMATION METHODOLOGY 41
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 42
2.5 MARKET SIZE ESTIMATION 43
2.5.1 BOTTOM-UP APPROACH 43
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR AUTOMOTIVE WHEELS AFTERMARKET: BOTTOM-UP APPROACH 43
FIGURE 7 AUTOMOTIVE WHEELS AFTERMARKET: MARKET SIZE ESTIMATION DEMAND APPROACH 44
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY FOR REFURBISHED WHEEL FITMENT MARKET: BOTTOM-UP APPROACH 45
FIGURE 9 AUTOMOTIVE WHEELS AFTERMARKET: RESEARCH METHODOLOGY ILLUSTRATION OF SUPERIOR INDUSTRIES REVENUE ESTIMATION 45
FIGURE 10 AUTOMOTIVE WHEELS AFTERMARKET: RESEARCH DESIGN & METHODOLOGY 46
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION 47
FIGURE 11 DATA TRIANGULATION 47
2.7 FACTOR ANALYSIS 48
2.7.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY-SIDE 49
2.8 ASSUMPTIONS 50
2.9 RESEARCH LIMITATIONS 51
3 EXECUTIVE SUMMARY 52
FIGURE 12 AUTOMOTIVE WHEELS AFTERMARKET: MARKET OVERVIEW 53
FIGURE 13 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (USD MILLION) 54
FIGURE 14 AUTOMOTIVE WHEELS AFTERMARKET BY MATERIAL TYPE,
2022–2027 (USD MILLION) 54
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE WHEELS AFTERMARKET 56
FIGURE 15 INCREASED USE OF LIGHTWEIGHT MATERIALS TO DRIVE AUTOMOTIVE WHEELS AFTERMARKET, 2022–2027 (USD BILLION) 56
4.2 NORTH AMERICA TO LEAD GLOBAL AUTOMOTIVE WHEELS AFTERMARKET 57
FIGURE 16 AUTOMOTIVE WHEELS AFTERMARKET SHARE, BY REGION
(USD MILLION), 2027 57
4.3 AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE 57
FIGURE 17 PASSENGER CARS ACCOUNTED FOR LARGEST SHARES IN AUTOMOTIVE WHEELS AFTERMARKET, 2022–2027 (USD MILLION) 57
4.4 AUTOMOTIVE WHEELS AFTERMARKET, BY MATERIAL TYPE 58
FIGURE 18 ALLOY WHEELS TO HAVE HIGHEST MARKET SHARE BY MATERIAL TYPE, 2022–2027 (USD MILLION) 58
4.5 AUTOMOTIVE WHEELS AFTERMARKET, BY COATING TYPE 58
FIGURE 19 POWDERED COATING SEGMENT TO DOMINATE MARKET,
2022 VS 2027 (USD MILLION) 58
4.6 AUTOMOTIVE WHEELS AFTERMARKET, BY AFTERMARKET TYPE 59
FIGURE 20 NEW WHEEL REPLACEMENT MARKET TO REGISTER LARGEST MARKET SHARE, 2022 VS 2027 (USD MILLION) 59
4.7 AUTOMOTIVE WHEELS AFTERMARKET, BY RIM SIZE 59
FIGURE 21 16”–18” MARKET TO ACCOUNT FOR LARGEST MARKET SHARE
(MILLION UNITS), 2022 VS 2027 59
4.8 AUTOMOTIVE WHEELS AFTERMARKET, BY PRODUCT TYPE 60
FIGURE 22 REGULAR WHEELS MARKET TO REPORT LARGEST MARKET SHARE
(MILLION UNITS), 2022 VS 2027 60
5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.2 MARKET DYNAMICS 62
FIGURE 23 AUTOMOTIVE WHEELS AFTERMARKET: MARKET DYNAMICS 62
5.2.1 DRIVERS 63
5.2.1.1 Improved vehicle dynamics and increased demand for lightweight materials to boost wheel aftermarket 63
5.2.1.2 Large organized and unorganized aftermarkets for wheels 63
TABLE 3 GLOBAL ORGANIZED AND UNORGANIZED MARKET PLAYERS 64
5.2.1.3 Rising number of car enthusiasts 66
TABLE 4 PASSENGER VEHICLE SALES DATA, BY COUNTRY (‘000 UNITS) 66
5.2.1.4 Gradual growth of average miles driven 66
FIGURE 24 YEARLY VEHICLE MILES TRAVELLED IN US 2021 67
5.2.2 RESTRAINTS 67
5.2.2.1 Volatility in raw material prices 67
FIGURE 25 TRENDS IN GLOBAL ALUMINUM PRICES PER METRIC TON (USD) 68
5.2.3 OPPORTUNITIES 68
5.2.3.1 Advanced materials, use of lightweight alloys, and new compositions 68
TABLE 5 KEY ALLOY WHEEL SUPPLIERS FOR SOME KEY CAR MODELS 68
5.2.3.2 Indirect impact on aftermarket with changing regulatory environment to reduce carbon footprint 69
5.2.4 CHALLENGES 69
5.2.4.1 Engineering barriers in use of lightweight materials 69
5.2.4.2 Balance between performance, cost, and weight 70
TABLE 6 GLOBAL WHEEL MATERIAL PRICES 2021 (USD) 70
5.3 PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 26 PORTER’S FIVE FORCES: AUTOMOTIVE WHEELS AFTERMARKET 71
TABLE 7 AUTOMOTIVE WHEELS AFTERMARKET: IMPACT OF PORTERS FIVE FORCES 72
5.3.1 THREAT OF SUBSTITUTES 72
5.3.2 THREAT OF NEW ENTRANTS 72
5.3.3 BARGAINING POWER OF BUYERS 72
5.3.4 BARGAINING POWER OF SUPPLIERS 72
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 73
5.4 VALUE CHAIN ANALYSIS 73
FIGURE 27 VALUE CHAIN ANALYSIS: AUTOMOTIVE WHEELS AFTERMARKET 73
5.5 ECOSYSTEM ANALYSIS 74
TABLE 8 AUTOMOTIVE WHEELS AFTERMARKET: ROLE OF COMPANIES IN ECOSYSTEM 74
5.6 PATENT ANALYSIS 77
5.7 CASE STUDY 78
5.7.1 CORROSION-RESISTANT STEEL ARMOR COATING TECHNOLOGY OF ACCURIDE 78
5.7.2 STEEL ARMOR COATING TECHNOLOGY 78
FIGURE 28 AUTOMOTIVE WHEELS AFTERMARKET: STEEL ARMOR COATING TECHNOLOGY 78
5.7.3 SCOPE OF CARBON FIBER-REINFORCED POLYMER WHEEL RIMS FOR FORMULA STUDENT RACECARS 78
5.8 PRICING ANALYSIS 79
TABLE 9 AUTOMOTIVE WHEELS AFTERMARKET: GLOBAL AVERAGE PRICING ANALYSIS, 2021 79
 
5.9 REGULATORY OVERVIEW 80
TABLE 10 REGULATORY STANDARD, BY COUNTRY 80
TABLE 11 STANDARD OF AFTERMARKET WHEELS 81
5.10 TECHNOLOGY ANALYSIS 82
TABLE 12 TECHNOLOGY USED FOR THE MANUFACTURING AUTOMOTIVE WHEELS 82
5.11 TRENDS AND DISRUPTIONS IN AUTOMOTIVE WHEELS AFTERMARKET 83
FIGURE 29 TRENDS AND DISRUPTIONS IN AUTOMOTIVE WHEELS AFTERMARKET 83
5.12 AUTOMOTIVE WHEELS AFTERMARKET: COVID-19 IMPACT 84
5.12.1 IMPACT ON RAW MATERIAL SUPPLY 84
5.12.2 COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY 84
5.12.3 IMPACT ON AUTOMOTIVE PRODUCTION 84
5.13 SCENARIO ANALYSIS 85
FIGURE 30 FUTURE TRENDS & SCENARIO, 2022–2027 (USD MILLION) 85
5.13.1 MOST LIKELY SCENARIO 85
TABLE 13 MOST LIKELY SCENARIO, BY REGION, 2022–2027 (USD MILLION) 85
5.13.2 OPTIMISTIC SCENARIO 86
TABLE 14 OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION) 86
5.13.3 PESSIMISTIC SCENARIO 86
TABLE 15 PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION) 86
5.14 LIST OF CONFERENCES & EVENTS 87
TABLE 16 DETAILED LIST OF CONFERENCES & EVENTS 87
5.15 LIST OF CONFERENCES & REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
6 AUTOMOTIVE WHEELS AFTERMARKET, BY AFTERMARKET TYPE 91
6.1 INTRODUCTION 92
6.1.1 ASSUMPTIONS 92
TABLE 20 ASSUMPTIONS: AFTERMARKET TYPE 92
6.1.2 RESEARCH METHODOLOGY 93
TABLE 21 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY AFTERMARKET TYPE,
2018–2021 (MILLION UNITS) 93
TABLE 22 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY AFTERMARKET TYPE,
2022–2027 (MILLION UNITS) 93
TABLE 23 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY AFTERMARKET TYPE,
2018–2021 (USD MILLION) 93
TABLE 24 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY AFTERMARKET TYPE,
2022–2027 (USD MILLION) 94
FIGURE 31 REFURBISHED WHEEL FITMENT SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027) 94
6.2 NEW WHEEL REPLACEMENT 95
6.2.1 NORTH AMERICA TO LEAD NEW WHEEL REPLACEMENT MARKET 95
TABLE 25 NEW WHEEL REPLACEMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2018–2021 (MILLION UNITS) 95
TABLE 26 NEW WHEEL REPLACEMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2022–2027 (MILLION UNITS) 95
TABLE 27 NEW WHEEL REPLACEMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2018–2021 (USD MILLION) 96
TABLE 28 NEW WHEEL REPLACEMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2022–2027 (USD MILLION) 96
6.3 REFURBISHED WHEEL FITMENT 96
6.3.1 GROWING DEMAND FOR AESTHETICS TO BOOST DEMAND FOR REFURBISHED WHEEL FITMENT 97
TABLE 29 REFURBISHED WHEEL FITMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2018–2021 (MILLION UNITS) 97
TABLE 30 REFURBISHED WHEEL FITMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2022–2027 (MILLION UNITS) 97
TABLE 31 REFURBISHED WHEEL FITMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 97
TABLE 32 REFURBISHED WHEEL FITMENT: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 98
6.4 KEY PRIMARY INSIGHTS 98
7 AUTOMOTIVE WHEELS AFTERMARKET, BY COATING TYPE 99
7.1 INTRODUCTION 100
7.1.1 OPERATIONAL DATA 100
TABLE 33 GLOBAL VEHICLE PRODUCTION (THOUSAND UNITS) 100
7.1.2 ASSUMPTIONS 100
TABLE 34 ASSUMPTIONS: COATING TYPE 100
7.1.3 RESEARCH METHODOLOGY 101
TABLE 35 AUTOMOTIVE WHEELS AFTERMARKET, BY COATING TYPE,
2018–2021 (USD MILLION) 101
TABLE 36 AUTOMOTIVE WHEELS AFTERMARKET, BY COATING TYPE,
2022–2027 (USD MILLION) 101
FIGURE 32 POWDERED COATING EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027) 102
7.2 LIQUID COATING 102
TABLE 37 LIQUID COATING: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 102
TABLE 38 LIQUID COATING: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 103
7.2.1 WATERBORNE 103
7.2.2 SOLVENT-BORNE 104
7.3 POWDERED COATING 104
TABLE 39 POWDERED COATING: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2018–2021 (USD MILLION) 105
TABLE 40 POWDERED COATING: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2022–2027 (USD MILLION) 105
7.3.1 LOW BAKE 105
7.3.2 HIGH BAKE 106
7.4 KEY PRIMARY INSIGHTS 106
8 AUTOMOTIVE WHEELS AFTERMARKET, BY MATERIAL TYPE 107
8.1 INTRODUCTION 108
8.1.1 OPERATIONAL DATA 108
TABLE 41 GLOBAL MATERIAL PRICES (USD) 108
8.1.2 ASSUMPTIONS 109
TABLE 42 ASSUMPTIONS: MATERIAL TYPE 109
8.1.3 RESEARCH METHODOLOGY 109
TABLE 43 AUTOMOTIVE WHEELS AFTERMARKET, BY MATERIAL TYPE,
2018–2021 (USD MILLION) 109
TABLE 44 AUTOMOTIVE WHEELS AFTERMARKET, BY MATERIAL TYPE,
2022–2027 (USD MILLION) 110
FIGURE 33 ALLOY SEGMENT EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD (2022–2027) 110
8.2 ALLOY 110
8.2.1 HIGH DURABILITY AND TENSILE STRENGTH TO BOOST DEMAND FOR ALLOY 111
TABLE 45 ALLOY: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (USD MILLION) 111
TABLE 46 ALLOY: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (USD MILLION) 111
8.3 STEEL 112
8.3.1 NORTH AMERICA TO LEAD STEEL SEGMENT BETWEEN 2022 AND 2027 112
TABLE 47 STEEL: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (USD MILLION) 112
TABLE 48 STEEL: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (USD MILLION) 112
8.4 OTHERS 113
8.4.1 IMPROVED EFFICIENCY AND COMFORT TO FUEL DEMAND FOR CARBON FIBER DURING FORECAST PERIOD 113
TABLE 49 OTHERS: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (USD MILLION) 113
TABLE 50 OTHERS: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (USD MILLION) 113
8.5 KEY PRIMARY INSIGHTS 114
9 AUTOMOTIVE WHEELS AFTERMARKET, BY RIM SIZE 115
9.1 INTRODUCTION 116
9.1.1 OPERATIONAL DATA 116
TABLE 51 WHEEL SIZES IN INCHES 116
9.1.2 ASSUMPTIONS 117
TABLE 52 ASSUMPTIONS: BY RIM SIZE 117
9.1.3 RESEARCH METHODOLOGY 117
TABLE 53 AUTOMOTIVE WHEELS AFTERMARKET, BY RIM SIZE,
2018–2021 (MILLION UNITS) 118
TABLE 54 AUTOMOTIVE WHEELS AFTERMARKET, BY RIM SIZE,
2022–2027 (MILLION UNITS) 118
FIGURE 34 16–18 INCH SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027) 118
9.2 13–15 INCH 119
9.2.1 INCREASING FUEL EFFICIENCY TO BOOST DEMAND FOR 13–15 INCH WHEELS 119
TABLE 55 13–15 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (MILLION UNITS) 119
TABLE 56 13–15 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (MILLION UNITS) 119
9.3 16–18 INCH 120
9.3.1 POWERFUL ACCELERATION TO DRIVE DEMAND FOR 16–18 INCH WHEELS 120
TABLE 57 16–18 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (MILLION UNITS) 120
TABLE 58 16–18 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (MILLION UNITS) 120
9.4 19–21 INCH 121
9.4.1 INCREASING PREFERENCE OF ENTHUSIASTS FOR LARGER WHEELS TO INCREASE DEMAND FOR 19–21 INCH WHEELS 121
TABLE 59 19–21 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (MILLION UNITS) 121
TABLE 60 19–21 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (MILLION UNITS) 121
9.5 ABOVE 21 INCH 122
9.5.1 HIGH TRACTION AND POWERFUL PERFORMANCE TO RAISE DEMAND FOR ABOVE 21 INCH WHEELS 122
TABLE 61 ABOVE 21 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (MILLION UNITS) 122
TABLE 62 ABOVE 21 INCH: AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (MILLION UNITS) 122
9.6 KEY PRIMARY INSIGHTS 123
10 AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE 124
10.1 INTRODUCTION 125
10.1.1 OPERATIONAL DATA 125
TABLE 63 OEMS- SUPPLIERS DATA 125
10.1.2 ASSUMPTIONS 126
TABLE 64 ASSUMPTIONS: VEHICLE TYPE 126
10.1.3 RESEARCH METHODOLOGY 127
TABLE 65 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 127
TABLE 66 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 127
TABLE 67 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY VEHICLE TYPE,
2018–2021 (USD MILLION) 127
TABLE 68 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY VEHICLE TYPE,
2022–2027 (USD MILLION) 128
FIGURE 35 PASSENGER CAR SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022-2027) 128
10.2 COMMERCIAL VEHICLES 128
10.2.1 INCREASING USE OF LIGHTWEIGHT WHEELS IN COMMERCIAL VEHICLES TO BOOST DEMAND 129
TABLE 69 COMMERCIAL VEHICLES: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2018–2021 (MILLION UNITS) 129
TABLE 70 COMMERCIAL VEHICLES: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2022–2027 (MILLION UNITS) 129
TABLE 71 COMMERCIAL VEHICLES: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2018–2021 (USD MILLION) 130
TABLE 72 COMMERCIAL VEHICLES: AUTOMOTIVE WHEELS AFTERMARKET SIZE,
BY REGION, 2022–2027 (USD MILLION) 130
10.3 PASSENGER CARS 130
10.3.1 GROWING DEMAND FOR FUEL EFFICIENCY AND GOVERNMENT LEGISLATIONS TO BOOST PASSENGER CAR WHEELS AFTERMARKET 131
TABLE 73 PASSENGER CARS: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2018–2021 (MILLION UNITS) 131
TABLE 74 PASSENGER CARS: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2022–2027 (MILLION UNITS) 131
TABLE 75 PASSENGER CARS: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 132
TABLE 76 PASSENGER CARS: AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY REGION, 2022–2027 (USD MILLION) 132
10.4 KEY PRIMARY INSIGHTS 133
11 AUTOMOTIVE WHEELS AFTERMARKET, BY PRODUCT TYPE 134
11.1 INTRODUCTION 135
11.1.1 ASSUMPTIONS 135
TABLE 77 ASSUMPTIONS: PRODUCT TYPE 135
TABLE 78 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY PRODUCT TYPE,
2018–2021 (MILLION UNITS) 136
TABLE 79 AUTOMOTIVE WHEELS AFTERMARKET SIZE, BY PRODUCT TYPE,
2022–2027 (MILLION UNITS) 136
11.2 HIGH-PERFORMANCE WHEELS 136
11.3 REGULAR WHEELS 137
11.4 KEY PRIMARY INSIGHTS 137
12 AUTOMOTIVE WHEELS AFTERMARKET, BY DISTRIBUTION CHANNEL 138
12.1 INTRODUCTION 138
12.2 RETAILERS 138
12.3 WHOLESALE AND DISTRIBUTION 139
12.4 KEY PRIMARY INSIGHTS 139
13 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION 140
13.1 INTRODUCTION 141
FIGURE 36 NORTH AMERICA TO DOMINATE AUTOMOTIVE WHEELS AFTERMARKET DURING FORECAST PERIOD 142
TABLE 80 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (MILLION UNITS) 142
TABLE 81 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (MILLION UNITS) 142
TABLE 82 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2018–2021 (USD MILLION) 143
TABLE 83 AUTOMOTIVE WHEELS AFTERMARKET, BY REGION,
2022–2027 (USD MILLION) 143
13.2 ASIA PACIFIC 143
FIGURE 37 ASIA PACIFIC: AUTOMOTIVE WHEELS AFTERMARKET SNAPSHOT 144
TABLE 84 ASIA PACIFIC: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2018–2021 (MILLION UNITS) 145
TABLE 85 ASIA PACIFIC: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2022–2027 (MILLION UNITS) 145
TABLE 86 ASIA PACIFIC: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2018–2021 (USD MILLION) 145
TABLE 87 ASIA PACIFIC: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2022–2027 (USD MILLION) 146
13.2.1 CHINA 146
13.2.1.1 Rise in adoption of lightweight wheels in China expected to drive market 146
TABLE 88 CHINA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 146
TABLE 89 CHINA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 147
TABLE 90 CHINA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 147
TABLE 91 CHINA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 147
13.2.2 INDIA 148
13.2.2.1 Rise in vehicle sales in India to fuel automotive wheels aftermarket 148
TABLE 92 INDIA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 148
TABLE 93 INDIA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 148
TABLE 94 INDIA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 148
TABLE 95 INDIA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 149
13.2.3 JAPAN 149
13.2.3.1 Presence of major manufacturers in Japan to increase demand in automotive wheels aftermarket 149
TABLE 96 JAPAN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 149
TABLE 97 JAPAN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 150
TABLE 98 JAPAN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 150
TABLE 99 JAPAN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 150
13.2.4 SOUTH KOREA 151
13.2.4.1 Government promoting ecofriendly vehicles in South Korea to propel automotive wheels aftermarket 151
TABLE 100 SOUTH KOREA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE, 2018–2021 (MILLION UNITS) 151
TABLE 101 SOUTH KOREA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE, 2022–2027 (MILLION UNITS) 151
TABLE 102 SOUTH KOREA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE, 2018–2021 (USD MILLION) 151
TABLE 103 SOUTH KOREA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE, 2022–2027 (USD MILLION) 152
13.3 EUROPE 152
FIGURE 38 EUROPE: AUTOMOTIVE WHEELS AFTERMARKET SNAPSHOT 153
TABLE 104 EUROPE: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2018–2021 (MILLION UNITS) 154
TABLE 105 EUROPE: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2022–2027 (MILLION UNITS) 154
TABLE 106 EUROPE: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2018–2021 (USD MILLION) 154
TABLE 107 EUROPE: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY,
2022–2027 (USD MILLION) 155
13.3.1 FRANCE 155
13.3.1.1 Government emission mandates to boost automotive wheels aftermarket in France 155
TABLE 108 FRANCE: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 155
TABLE 109 FRANCE: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 156
TABLE 110 FRANCE: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 156
TABLE 111 FRANCE: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 156
13.3.2 GERMANY 157
13.3.2.1 Consumer preference toward alloy wheels and changing regulatory environment to push German automotive wheels aftermarket 157
TABLE 112 GERMANY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 157
TABLE 113 GERMANY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 157
TABLE 114 GERMANY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 157
TABLE 115 GERMANY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 158
13.3.3 ITALY 158
13.3.3.1 Consumer preference toward passenger cars in Italy to lead automotive wheels aftermarket 158
TABLE 116 ITALY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 158
TABLE 117 ITALY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 159
TABLE 118 ITALY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 159
TABLE 119 ITALY: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 159
13.3.4 SPAIN 160
13.3.4.1 Increase in sales of passenger cars and commercial vehicles to drive demand in automotive wheels aftermarket in Spain 160
TABLE 120 SPAIN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 160
TABLE 121 SPAIN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 160
TABLE 122 SPAIN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 160
TABLE 123 SPAIN: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 161
13.3.5 UNITED KINGDOM 161
13.3.5.1 Government regulations to raise demand in UK automotive wheels aftermarket 161
TABLE 124 UK: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 161
TABLE 125 UK: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 162
TABLE 126 UK: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 162
TABLE 127 UK: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 162
13.4 NORTH AMERICA 162
TABLE 128 NORTH AMERICA: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2018–2021 (MILLION UNITS) 163
TABLE 129 NORTH AMERICA: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2022–2027 (MILLION UNITS) 163
TABLE 130 NORTH AMERICA: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2018–2021 (USD MILLION) 163
TABLE 131 NORTH AMERICA: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2022–2027 (USD MILLION) 164
13.4.1 CANADA 164
13.4.1.1 Increase in demand for wheel replacement in luxury vehicles would drive wheels aftermarket in future 164
TABLE 132 CANADA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 164
TABLE 133 CANADA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 165
TABLE 134 CANADA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 165
TABLE 135 CANADA: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 165
13.4.2 MEXICO 166
13.4.2.1 Cheap availability of labor and low manufacturing cost to aid growth of automotive wheels aftermarket in Mexico 166
TABLE 136 MEXICO: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 166
TABLE 137 MEXICO: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 166
TABLE 138 MEXICO: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 166
TABLE 139 MEXICO: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 167
13.4.3 US 167
13.4.3.1 US accounted for largest market size in commercial vehicle wheels aftermarket in North America 168
TABLE 140 US: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 168
TABLE 141 US: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 168
TABLE 142 US: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2018–2021 (USD MILLION) 168
TABLE 143 US: AUTOMOTIVE WHEELS AFTERMARKET BY VEHICLE TYPE,
2022–2027 (USD MILLION) 168
13.5 REST OF THE WORLD 169
FIGURE 39 BRAZIL ANTICIPATED TO BE LARGEST MARKET (2022-2027) 169
TABLE 144 REST OF THE WORLD: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2018–2021(MILLION UNITS) 169
TABLE 145 REST OF THE WORLD: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2022–2027 (MILLION UNITS) 170
TABLE 146 REST OF THE WORLD: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2018–2021(USD MILLION) 170
TABLE 147 REST OF THE WORLD: AUTOMOTIVE WHEELS AFTERMARKET, BY COUNTRY, 2022–2027 (USD MILLION) 170
13.5.1 BRAZIL 171
13.5.1.1 Brazil estimated to dominate Rest of the World region 171
TABLE 148 BRAZIL: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 171
TABLE 149 BRAZIL: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 171
TABLE 150 BRAZIL: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2018–2021 (USD MILLION) 171
TABLE 151 BRAZIL: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2022–2027 (USD MILLION) 172
 
13.5.2 IRAN 172
13.5.2.1 Iran expected to witness highest growth rate in Rest of the World 172
TABLE 152 IRAN: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2018–2021 (MILLION UNITS) 172
TABLE 153 IRAN: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2022–2027 (MILLION UNITS) 172
TABLE 154 IRAN: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2018–2021 (USD MILLION) 173
TABLE 155 IRAN: AUTOMOTIVE WHEELS AFTERMARKET, BY VEHICLE TYPE,
2022–2027 (USD MILLION) 173
14 COMPETITIVE LANDSCAPE 174
14.1 OVERVIEW 174
14.2 MARKET RANKING ANALYSIS 174
14.3 COMPETITIVE SCENARIO 175
14.3.1 NEW PRODUCT DEVELOPMENTS 175
TABLE 156 NEW PRODUCT DEVELOPMENTS, 2018–2021 176
14.3.2 DEALS 177
TABLE 157 DEALS, 2018–2021 177
14.3.3 OTHERS 178
TABLE 158 OTHERS, 2018–2021 178
14.4 COMPANY EVALUATION QUADRANT 179
14.4.1 STARS 179
14.4.2 EMERGING LEADERS 179
14.4.3 PERVASIVE COMPANIES 179
14.4.4 PARTICIPANTS 180
FIGURE 40 AUTOMOTIVE WHEELS AFTERMARKET: COMPANY EVALUATION
QUADRANT, 2021 180
TABLE 159 AUTOMOTIVE WHEELS AFTERMARKET: COMPANY FOOTPRINT, 2021 181
TABLE 160 AUTOMOTIVE WHEELS AFTERMARKET: PRODUCT FOOTPRINT, 2021 181
TABLE 161 AUTOMOTIVE WHEELS AFTERMARKET: REGIONAL FOOTPRINT,2021 182
14.5 STARTUP/SME EVALUATION QUADRANT 182
14.5.1 PROGRESSIVE COMPANIES 182
14.5.2 RESPONSIVE COMPANIES 182
14.5.3 DYNAMIC COMPANIES 182
14.5.4 STARTING BLOCKS 182
FIGURE 41 AUTOMOTIVE WHEELS AFTERMARKET: STARTUP/SME EVALUATION QUADRANT, 2021 183
14.6 AUTOMOTIVE WHEELS AFTERMARKET, STAKEHOLDERS MAP 184
FIGURE 42 AUTOMOTIVE WHEELS AFTERMARKET: STAKEHOLDERS INFLUENCE VS INTEREST 184
TABLE 162 WINNERS VS. TAIL-ENDERS 185
14.7 WHO SUPPLIES WHOM DATA 186
TABLE 163 WHO SUPPLIES WHOM DATA 186
15 COMPANY PROFILES 189
(Business overview, Products offered, Recent Developments, MNM view)*
15.1 MAXION WHEELS 189
FIGURE 43 MAXION WHEELS: GLOBAL FOOTPRINT,2021 189
TABLE 164 MAXION WHEELS: BUSINESS OVERVIEW 190
TABLE 165 MAXION WHEELS: SUPPLY AGREEMENTS 190
TABLE 166 MAXION WHEELS: PRODUCTS OFFERED 191
TABLE 167 MAXION WHEELS: NEW PRODUCT LAUNCHES 192
TABLE 168 MAXION WHEELS: DEALS 193
TABLE 169 MAXION WHEELS: OTHERS 194
15.2 RONAL GROUP 196
FIGURE 44 RONAL GROUP: CUSTOMER PORTFOLIO 196
TABLE 170 RONAL GROUP: BUSINESS OVERVIEW 196
TABLE 171 RONAL GROUP: PRODUCTS OFFERED 197
TABLE 172 RONAL GROUP: SUPPLY AGREEMENTS 198
TABLE 173 RONAL GROUP: NEW PRODUCT LAUNCHES 199
TABLE 174 RONAL GROUP: DEALS 199
15.3 BORBET GMBH 201
FIGURE 45 BORBET GMBH: PARTNERSHIPS 201
TABLE 175 BORBET GMBH: BUSINESS OVERVIEW 202
TABLE 176 BORBET GMBH: PRODUCTS OFFERED 202
TABLE 177 BORBET GMBH: SUPPLY AGREEMENTS 203
TABLE 178 BORBET GMBH: NEW PRODUCT LAUNCHES 203
TABLE 179 BORBET GMBH: OTHERS 204
15.4 ENKEI CORPORATION 205
TABLE 180 ENKEI CORPORATION: BUSINESS OVERVIEW 205
TABLE 181 ENKEI CORPORATION: PRODUCTS OFFERED 205
TABLE 182 ENKEI CORPORATION: DEALS 206
TABLE 183 ENKEI CORPORATION: OTHERS 206
15.5 SUPERIOR INDUSTRIES 208
TABLE 184 SUPERIOR INDUSTRIES: BUSINESS OVERVIEW 208
TABLE 185 SUPERIOR INDUSTRIES: PRODUCTS OFFERED 208
FIGURE 46 COMPANY SNAPSHOT: SUPERIOR INDUSTRIES 209
15.6 HOWMET AEROSPACE 210
TABLE 186 HOWMET AEROSPACE: BUSINESS OVERVIEW 210
TABLE 187 HOWMET AEROSPACE: PRODUCTS OFFERED 210
FIGURE 47 HOWMET AEROSPACE: COMPANY SNAPSHOT 211
TABLE 188 HOWMET AEROSPACE: NEW PRODUCT LAUNCHES 211
15.7 THE CARLSTAR GROUP 213
TABLE 189 CARLSTAR GROUP: BUSINESS OVERVIEW 213
FIGURE 48 CARSLTAR GROUP: GEOGRAPHIC PRESENCE 213
TABLE 190 CARLSTAR GROUP: PRODUCTS OFFERED 214
TABLE 191 CARLSTAR GROUP: NEW PRODUCT LAUNCHES 214
15.8 CM WHEELS 215
TABLE 192 CM WHEELS: BUSINESS OVERVIEW 215
TABLE 193 CM WHEELS: PRODUCTS OFFERED 215
15.9 CENTRAL MOTOR WHEEL OF AMERICA 216
TABLE 194 CENTRAL MOTOR WHEEL OF AMERICA: BUSINESS OVERVIEW 216
TABLE 195 CENTRAL MOTOR WHEELS OF AMERICA: PRODUCTS OFFERED 216
TABLE 196 CENTRAL MOTOR WHEELS OF AMERICA: SUPPLY AGREEMENTS 217
TABLE 197 CENTRAL MOTOR WHEEL OF AMERICA: OTHERS 217
15.10 ACCURIDE CORPORATION 218
TABLE 198 ACCURIDE CORPORATION: BUSINESS OVERVIEW 218
TABLE 199 ACCURIDE CORPORATION: PRODUCTS OFFERED 218
TABLE 200 ACCURIDE CORPORATION: NEW PRODUCT LAUNCHES 219
15.11 OTHER KEY PLAYERS 220
15.11.1 VOSSEN WHEELS 220
TABLE 201 VOSSEN WHEELS: COMPANY OVERVIEW 220
15.11.2 KONIG 220
TABLE 202 KONIG: COMPANY OVERVIEW 220
15.11.3 TSW ALLOY WHEELS 221
TABLE 203 TSW ALLOY WHEELS: COMPANY OVERVIEW 221
15.11.4 FORGIATO 221
TABLE 204 FORGIATO: COMPANY OVERVIEW 221
15.11.5 OZ GROUP 222
TABLE 205 OZ GROUP: COMPANY OVERVIEW 222
15.11.6 AEZ GROUP 222
TABLE 206 AEZ: COMPANY OVERVIEW 222
15.11.7 STATUS ALLOY WHEELS 223
TABLE 207 STATUS ALLOY WHEELS: COMPANY OVERVIEW 223
15.11.8 BEYERN WHEELS 223
TABLE 208 BEYERN WHEELS: COMPANY OVERVIEW 223
15.11.9 WORK WHEELS 224
TABLE 209 WORK WHEELS: COMPANY OVERVIEW 224
15.11.10 ZHENGXING WHEEL GROUP 224
TABLE 210 ZHENGXING WHEEL GROUP: COMPANY OVERVIEW 224
15.11.11 ZUMBO WHEELS 225
TABLE 211 ZUMBO WHEELS: COMPANY OVERVIEW 225
15.11.12 JIAN SIN INDUSTRIAL CO. LTDZHENGXING WHEEL GROUP 225
TABLE 212 JIAN SIN INDUSTRIAL CO. LTD: COMPANY OVERVIEW 225
 
15.11.13 BBS KRAFTFAHRZEUGTECHNIK 226
TABLE 213 BBS KRAFTFAHRZEUGTECHNIK: COMPANY OVERVIEW 226
15.11.14 RAYS ENGINEERING 226
TABLE 214 RAYS ENGINEERING: COMPANY OVERVIEW 226
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
16 RECOMMENDATIONS BY MARKETSANDMARKETS 227
16.1 NORTH AMERICA TO BE KEY MARKET FOR AUTOMOTIVE WHEELS AFTERMARKET 227
16.2 GROWING DEMAND FOR LIGHTWEIGHT ALLOYS TO BOOST AUTOMOTIVE WHEELS AFTERMARKET 227
16.3 CONCLUSION 228
17 APPENDIX 229
17.1 DISCUSSION GUIDE 229
17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 232
17.3 AVAILABLE CUSTOMIZATIONS 234
17.4 RELATED REPORTS 234
17.5 AUTHOR DETAILS 235

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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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