Top Autonomous Forklift Companies

The autonomous forklift market is projected to reach USD 5.07 billion by 2032 from an estimated USD 2.73 billion in 2025, at a CAGR of 9.3% from 2025 to 2032. The base year for the report is 2024, and the forecast period is from 2025 to 2032. The key factors contributing to the growth of the autonomous forklift market include rising demand for automated storage and retrieval systems (ASRS), growing popularity of automated material handling equipment and warehouses, especially in the e-commerce industry, industrial growth in emerging economies, rising demand for third-party logistics services are some of the driving factors for the market.

The autonomous forklift market is dominated by major players such as Toyota Industries Corporation (Japan), Kion Group AG (Germany), Mitsubishi Logisnext Co Ltd (France), Jungheinrich AG (Germany), and Hyster-Yale Materials Handling (US). These companies have adopted expansion strategies and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the autonomous forklift market.

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Toyota Material Handling has a strong portfolio of reliable autonomous forklifts like the SAE160 Autopilot stacker and CDI120 pallet carrier, with laser-based navigation and advanced sensors. The company is progressively making investments to develop advanced autonomous forklifts. For instance, in July 2024, Toyota showcased its SAE160 and CDI120 automated forklifts at CeMAT Australia, demonstrating their advanced capabilities. The company also invests in forkless solutions, such as the CDI120 pallet carrier, to address the demand for cost-effective material handling in populated areas. In March 2024, The Raymond Corporation announced the expansion of its automation portfolio with the launch of Raymond Courier 3030, upgraded from 2D to 3D lidar, improving visibility for overhead and overhanging obstructions commonly found in warehouse facilities. This reinforced Toyota's position as a leader in automation and showcased its ability to meet evolving market demands for efficient, automated material handling solutions, enhancing its brand recognition and customer trust. Through these innovations and strategic product expansions, Toyota has successfully maintained its dominant global position in 2024.

KION Group has made strategic choices that solidify its position in the autonomous forklift market. These include forming partnerships with technology providers to integrate advanced AI, sensor technology, and IoT capabilities into its offerings. In October 2024, KION Group has signed a partnership agreement with Eurofork S.p.A. to distribute the E4CUBE solution in Italy. The company has also prioritized the development of scalable and modular solutions to address a wide range of operational requirements, from small warehouses to large-scale industrial facilities. In January 2025, KION Group, NVIDIA, and Accenture showcased the future warehouse at CES 2025, which includes a digital twin powered by physical AI to improve the performance of intelligent warehouses. The company emphasizes sustainability and energy-efficient designs, such as lithium-ion battery-powered forklifts, aligned with evolving customer and regulatory demands, further strengthening its market position in the global autonomous forklift market.

Mitsubishi Logisnext has strategically positioned itself as a key player in the autonomous forklift market by developing integrated solutions that combine advanced automation technologies with its legacy of material handling expertise. The company’s partnership with Mitsubishi Heavy Industries (MHI) has facilitated the development of the “ΣSynX” platform, which integrates various logistics systems such as unmanned forklifts, AGVs, and palletizers. Introducing “SynfoX” technology to enhance autonomous forklift navigation is a key strategic choice that positions Mitsubishi Logisnext to meet the growing demand for automated, safe, and efficient warehouse solutions. Furthermore, its continuous investment in lithium-ion battery-powered forklifts highlights the company's commitment to sustainability and reducing the environmental footprint of material handling systems. In June 2024, Mitsubishi Logisnext Co., Ltd. launched ESSENTiAL, a new electric entry-level Mitsubishi Forklift truck for light duties and smaller, routine tasks with load capacities of 3-tonne or 6-tonne. These strategies have allowed Mitsubishi Logisnext to diversify its portfolio, offering operated and unmanned equipment ensuring tailored solutions for customers in various industries.

Jungheinrich's strategy for autonomous forklifts revolves around expanding its market presence through strategic partnerships and joint ventures, such as the launch of Rocrich AGV Solutions with Mitsubishi Logisnext Americas. This collaboration combines Jungheinrich's automation expertise with Mitsubishi's established North American network, enhancing its reach and service capabilities. By offering a comprehensive suite of mobile automation solutions, including AGVs and automated forklifts, Jungheinrich aims to cater to diverse customer needs. The company focuses on continuous innovation to stay ahead in the competitive autonomous forklift market. Through Rocrich, Jungheinrich strengthens its position in North America, ensuring robust service and product offerings. This strategy positions Jungheinrich to lead in the evolving automation landscape.

Related Reports:

Autonomous Forklift Market by Tonnage (<3, 3-5, >5), Navigation (Laser, Vision, Optical Tape, Magnetic, SLAM, Inductive Guidance), Sales Channel, Application, End-use Industry, Forklift Type, Propulsion, Component, and Region - Global Forecast to 2032

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