Autonomous Forklift Global Market Report 2023 – By Type (Indoor, Outdoor), By Component (Hardware, Software, Service), By Navigation Technology (Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Optical Tape Guidance, Other Navigation Technology), By Application (Manufacturing, Warehousing, Material handling, Logistics and Freight, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Warehouse robotics is a broad phrase that refers to the various automated devices and systems which can be used to improve speed, efficiency, and accuracy in a warehouse. The warehouse robotics are also used to transport materials, perform various tasks, and streamline or automate warehouse processes. The main types of warehouse robotics are SCARA robots, cylindrical robots, parallel robots, mobile robots, gantry robots, and stationary articulated robots. The SCARA robots (Selective Compliance Articulated Robot Arm robots) are used in processes and applications such as production equipment for electronic components, handling, small machine components requiring the precise assembly and disassembly, and transfer of large automotive components. The different types of systems include the knapp open shuttle, the locus robotics system, the fetch robotics freight system, scallog system, and the swisslog carry pick an performs functions such as pick and place, assembling dissembling, transportation, and packaging. This is implemented in various sectors such as e-commerce, automotive, food and beverage, electronics and electrical, metal and machinery, pharmaceuticals, and others. The global warehouse robotics market is segmented - 1) By Type: SCARA Robots, Cylindrical Robots, Parallel Robots, Mobile Robots, Gantry Robots, Stationery Articulated Robots 2) By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System, Swisslog Carry Pick 3) By Function: Pick And Place, Assembling Dissembling, Transportation, Packaging 4) By End-User: E-Commerce, Automotive, Food And Beverages, Electronics And Electrical, Metal And Machinery, Pharmaceuticals, Other End-Users The global warehouse robotics market size grew from $4.21 billion in 2022 to $4.91 billion in 2023 at a compound annual growth rate (CAGR) of 16.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of warehouse robotics market is expected to grow to $8.12 billion in 2027 at a CAGR of 13.4%. The growing e-commerce industry is driving the growth of the warehouse robotics market. E-commerce, or online shopping, is a business concept that allows individuals and businesses to buy and sell goods and services via the Internet. The e-commerce sector is the most transformative industry which necessitates automated warehouse robots to automate manual material transportation in any facility and optimize warehouse operations. For example, according to the US Census Bureau's Department of Commerce, retail e-commerce sales in the USA reached $222.5 billion in the second quarter of 2021, up by 3.3% from the first quarter. Therefore, the growing e-commerce industry is projected to increase the demand for the warehouse robotics market over coming years. Major players in the warehouse robotics market are ABB Limited, Honeywell International Inc., Fanuc Corporation, Amazon Robotics, KUKA, Yaskawa Electric Corporation, Attabotics, Omron Corporation, Daifuku Co, Toshiba Corporation, Yamaha Robotics, Locus Robotics, Bastian Solutions, Grey Orange, and Kion Group. Launch of AI-based warehouse robotic systems is shaping the warehouse robotics market. Artificial intelligence (AI) is the digital emulation of human intellect by a computer or computer-controlled system that perform tasks normally performed by smart individuals. Major players are focusing on AI-based warehouse robotic systems to automate repetitive pick-and-pack processes and perform sophisticated manipulations in unexpected conditions. For instance, in July 2020, Dexterity is a US-based company that provides robots as a service solution for warehousing, and supply chain operations launched AI-based warehouse robotic system. The robots use computer vision, the sensation of touch to adapt quickly, and advanced control theory, making them safe to work alongside humans. In September 2021, Locus Robotics, a US-based company that provides automated warehouse mobile robots acquired Waypoint Robotics for an undisclosed amount. The acquisition expands Locus' product portfolio of tried-and-true autonomous mobile robots (AMR) solutions to include e-commerce, case-picking, and pallet-picking, as well as scenarios demanding greater, heavier payloads and fulfillment modalities. Waypoint Robotics is a US-based manufacturer and provider of autonomous mobile robots for manufacturing and logistics applications. North America was the largest region in the warehouse robotics market share in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the global warehouse robotics industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Warehouse Robotics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The warehouse robotics market consists of sales of automated guided vehicles (AGVs), automated storage and retrieval systems (AS/RS), collaborative robots, articulated robotic arms, and goods-to-person technology. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The warehouse robotics market research report is one of a series of new reports from The Business Research Company that provides warehouse robotics market statistics, including warehouse robotics industry global market size, regional shares, competitors with a warehouse robotics market share, detailed warehouse robotics market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse robotics industry. This warehouse robotics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electric truck refers to a large, motorized vehicle with an open bed designed to transport goods and whose primary propulsion technology is battery-electric or powered by rechargeable batteries alone or hydrogen fuel cell electric or hybrid electric that are powered by batteries and an internal combustion engine. The main types of electric trucks are light-duty electric truck, medium-duty electric truck, heavy-duty electric truck. Light-duty electric trucks are those that have gross vehicle weight of up to 8,500 pounds or 3,855 Kgs and payload capacities up to 4000 pounds or 1,815 Kgs. The propulsion used in electric trucks are battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, fuel cell electric vehicle that can cover a range of up to 150 miles, 151-300 miles, above 300 miles. Electric trucks are used across various applications such as last mile delivery, long haul transportation, refuse services, field services, distribution services. The global electric truck market is segmented – 1) By Vehicle Type: Light-Duty Electric Truck, Medium-Duty Electric Truck, Heavy-Duty Electric Truck 2) By Propulsion: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle 3) By Range: Upto 150 Miles, 151-300 Miles, Above 300 Miles 4) By End User: Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution services The global electric truck market size will grow from $1.85 billion in 2022 to $2.72 billion in 2023 at a compound annual growth rate (CAGR) of 47.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of electric truck market is expected to grow to $13.63 billion in 2027 at a CAGR of 49.6%. Government incentives and schemes are expected to drive the growth of the electric truck market. Government bodies across the globe are implementing innovative policies and incentive schemes to increase the adoption of electric vehicles across all categories (bikes, autos, cars and commercial vehicles). The main policies, which are currently driving the EV’s adoption are significant financial incentives for the purchase of LDVs, subsidies for primary purchase, vehicle purchase, and tax rebates on registration as these vehicles control pollution and promote a good environment. For instance, the Indian government launched the PLI (production-linked incentive) scheme for the auto sector and the FAME (Faster Adoption and Manufacturing of Electric Vehicles) II amendment, with the aim to switch 30% of private cars, 70% of commercial vehicles, and 80% of two- and three-wheeler to electric by 2030. Such subsidies and support from the government are expected to boost the electric truck market during the forecast period. Major players in the electric truck market are AB Volvo, BYD Compay Ltd., Daimler AG, Dongfeng Motor Company, Paccar Inc., Tata Motors, Tesla Inc., Hino Motors Ltd., Volvo Group, Tevva Motors Limited, Volta Trucks, StreetScooter, Workhorse Group Incorporated, and Renault SA. The development of self-driving electric trucks is the key trend gaining popularity in the electric trucks sector. The companies operating in the electric trucks sector are partnering with related technology-based companies to boost their development activities in innovative self-driving truck models. For instance, in January 2022, Pininfarina, an Italy-based design company owned by Mahindra, developed an electric semi-truck in collaboration with Deppway, a subsidiary of Baidu, with a self-drive system. The self-drive system utilizes 11 cameras on board, an infrared detector, radars, and LIDAR sensors. In October 2020, BYD Auto Industry Co., Ltd., a China-based conglomerate manufacturing company entered into a joint venture agreement with Hino Motors, Ltd., a Tokyo-based manufacturer of commercial vehicles and diesel engines, to establish a company for the development of commercial battery electric vehicles. The new venture is established with 50% of capital investment from both Hino and BYD. Western Europe was the largest region in the electric truck market in 2022. Asia-Pacificis expected to be the fastest growing region in the forecast period. The regions covered in the electric truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electric truck market consists of sales ofall-electric vehicle (AEV). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric truck market research report is one of a series of new reports from The Business Research Company that provides electric truck market statistics, including electric truck industry global market size, regional shares, competitors with a electric truck market share, detailed electric truck market segments, market trends and opportunities, and any further data you may need to thrive in the electric truck industry. This electric truck market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Refrigerated goods trucking refers to a type of shipping that uses temperature-controlled trucks with special equipment in which the cargoes are kept at a controlled temperature throughout the shipping process by an integrated refrigeration system in the transport trucks to provide over-the-road transportation of refrigerated goods. The main vehicle types in the refrigerated goods trucking market are light commercial vehicles, medium-heavy commercial vehicles, and heavy commercial vehicles. A light commercial vehicle is any vehicle with a gross vehicle weight exceeding 7,500 kilogrammes that is used to courier and parcel fruits, vegetables, white goods, beverages, and many more. It is also segmented by temperature into single temperature and multi-temperature and by application into food products, poultry, meat, and seafood, dairy and beverages, bakery and confectionery, pharmaceuticals, and others. The global refrigerated goods trucking market is segmented - 1) By Vehicle Type: Light Commercial Vehicle, Medium Heavy Commercial Vehicles, Heavy Commercial Vehicles 2) By Temperature: Single Temperature, Multi-Temperature 3) By Application: Food Products, Poultry, Meat, and Seafood, Dairy and Beverages, Bakery And Confectionery, Pharmaceutical, Other Applications The global refrigerated goods trucking market size will grow from $62.41 billion in 2022 to $68.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global refrigerated goods trucking is expected to grow to $95.15 billion in 2027 at a CAGR of 8.6%. Increasing demand for perishable foods such as ready-to-eat food items, milk and dairy products, and fruits and vegetables is predicted to contribute to the growth of the refrigerated goods trucking market. The surging demand for frozen food items is propelling suppliers to equip their refrigerated units with multi-temperature systems, computer controls, and thermal liners to keep the food at the required temperature. According to the National Dairy Development Board (NDDB), the demand for milk in the Indian market is expected to reach 180 million tonnes by 2022. Therefore, increasing demand for refrigerated food products is expected to drive the growth of the refrigerated goods trucking market during the forecast period. Major players in the refrigerated goods trucking market are Schmitz Cargobull AG, Great Dane LLC., China International Marine Containers, Kogel Trailer GmbH & Co., Hyundai Translead Inc., Wabash National Corporation, KRONE, GRW Tankers, and Trailers. Lack of infrastructure for cold storage in developing countries is anticipated to limit the growth of the refrigerated goods trucking market over the forecast period. Cold chain management (CCM) is a recently adopted concept in supply chain management. A CCM is a network of cold stores, refrigerators, freezers, refrigerated trucks, and cold boxes that are organised to maintain the temperature of the food items during storage, transportation, and distribution from the factory. Lack of proper cold chain management leads to losses in food and money. According to the Food and Agriculture Organization of the United Nations (FAO)’s report on 16 countries from sub-Saharan Africa showed that cold chains are very poorly developed or inexistent in most subsectors in the region. Moreover, the International Institute of Refrigeration (IIR) estimated that in developed countries, cold storage capacity in urban areas is about 200 litres per capita (where 70% of the population is urban), whereas in developing countries it is about 19 litres per capita (where 50% of the population is urban). Thus, the lack of cold chain infrastructure, especially in developing economies, will result in low demand for refrigerated goods trucking services, which is likely to act as a major restraint for the growth of the market. Major companies operating in this market are continuously investing in introducing new technologies such as cloud computing, IoT solutions, solar-powered systems, and communication technologies such as machine learning, GPS, and 5G for greater accountability, visibility, and performance in refrigerated storage and transport. It is estimated that investments in this field are likely to reach $40 billion by the end of 2020. Moreover, in April 2020, Carrier Transicold launched a solar charging system for transport refrigeration unit batteries that has an innovative design that conveniently fits on top of the unit. The innovative solar charging system is capable of delivering 2.0-amp power delivery by combining ultrapure silicon cells with a high-performance charge controller. In January 2020, Nolan Transportation Group (NTG), a truckload brokerage and third-party logistics services provider, acquired Eagle Transportation LLC., a cold chain logistics specialist, for an undisclosed amount. With the acquisition of Eagle Transportation LLC., Nolan Transportation Group (NTG) plans to expand its nationwide supply chain solutions offerings with enhanced temperature-controlled capabilities and expertise. Eagle Transportation LLC is a Mississippi-based brokerage and transportation company engaged in providing on-time temperature-controlled shipping services. North America was the largest region in the refrigerated goods trucking market in 2022. Western Europe was the second largest region in the global refrigerated goods trucking market share. The regions covered in the global refrigerated goods trucking market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the refrigerated goods trucking market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The refrigerated goods trucking market includes revenue generated by entities that provide transportation services for products that must be kept at a specific temperature in order to maintain product shelf life and reduce the possibility of degradation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The refrigerated goods trucking market research report is one of a series of new reports from The Business Research Company that provides refrigerated goods trucking market statistics, including refrigerated goods trucking industry global market size, regional shares, competitors with a refrigerated goods trucking market share, detailed refrigerated goods trucking market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerated goods trucking industry. This refrigerated goods trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

General freight trucking refers to a mode of transportation that provides general freight trucking services. Establishments in the general freight trucking industry handle a wide variety of commodities, generally palletized and transported in a container or van trailer, and network activities such as local pickup, local sorting, and terminal operations; line hauling; destination sorting and terminal operations; and local delivery. The main types in the general freight trucking market are local general freight trucking and long-distance general freight trucking. Local general freight trucking handles a wide variety of commodities, generally palletized and transported in a container or van trailer. The market is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others. The global general freight trucking market is segmented - 1) By Type: Local General Freight Trucking, Long-Distance General Freight Trucking 2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications 3) By Size: Heavy Trucks, Medium Trucks, Light Trucks The global general freight trucking market size grew from $859.35 billion in 2022 to $939.3 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The general freight trucking market is expected to grow to $1309.79 billion in 2027 at a CAGR of 8.7%. With the entry of automated vehicles with high-tech safety measures like cameras, radar, and Lidar sensors guiding the way, companies can save money through less fuel and more frequent schedules. Major companies in the general freight trucking market include Xiamen C&D, United Parcel Service Inc., C.H. Robinson Worldwide Inc., FedEx Corporation, XPO Logistics Inc., J.B. Hunt Transport Services, YRC Worldwide Inc., Deutsche Post AG, Old Dominion Freight Line Inc., and Landstar System Inc. Asia-Pacific was the largest region in the general freight trucking market in 2022. North America was the second largest region in the general freight trucking global market. The regions covered in the general freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the general freight trucking market analysis are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The general freight trucking market includes revenues earned by entities by providing transportation services for the movement of goods over long distances. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The general freight trucking market research report is one of a series of new reports from The Business Research Company that provides general freight trucking market statistics, including general freight trucking global market size, regional shares, competitors with a general freight trucking market share, detailed general freight trucking market segments, market trends and opportunities, and any further data you may need to thrive in the general freight trucking industry. This general freight trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The warehouse automation refer to devices or systems used to streamline repetitive warehouse operations and make them less labor intensive to generate greater operational efficiencies. Warehouse automation is an integral part of supply chain optimization, as it reduces time, effort, and errors caused by manual or repetitive tasks. These automated systems are transforming operational facilities by increasing the speed of inventory movement, increasing storage density, reducing labor costs, and improving human safety inside the facility. The main types of warehouse automation are conveyor/sortation systems, automated storage and retrieval systems (AS/RS), mobile robots, warehouse management systems (WMS), and automatic identification and data capture (AIDC). Sortation is the act of detecting individual objects on a conveyor system and routing them to the appropriate areas with the help of a variety of devices controlled by task-specific software. They are divided based on components in hardware and software that can perform activities such as inbound, picking, and outbound. There are various end users of warehouse automation, such as general merchandise, healthcare, FMCG/non-durable goods, and other end users. The global warehouse automation market is segmented - 1) By Type: Conveyor/Sortation Systems, Automated Storage and Retrieval Systems (AS/RS), Mobile Robots, Warehouse Management Systems (WMS), Automatic Identification and Data Capture (AIDC) 2) By Component: Hardware, Software 3) By Function: Inbound, Picking, Outbound 4) By End User: General Merchandise, Healthcare, FMCG/Non-durable Goods, Other End Users The global warehouse automation market size will grow from $17.32 billion in 2022 to $19.78 billion in 2023 at a compound annual growth rate (CAGR) of 14.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the warehouse automation is expected to grow to $33.59 billion in 2027 at a CAGR of 14.2%. The rise in e-commerce sales will drive the growth of the warehouse automation market. As retailers struggle to keep up with the increasing volume of orders and their last-mile delivery needs, warehouse automation is briskly turning into the trump card for those who are looking for a leg up on the competition, especially in the competitive e-grocery market. For instance, according to the Robotic Business Review, e-commerce will grow and is expected to reach 22% of all retail sales worldwide in 2023, as compared to 14.1% in 2019. According to a study published by Prologis, a US-based real estate investment trust, in 2021, the use of automation in warehousing is expected to increase revenue per square foot from 10% to 20% in the e-commerce real estate sector in the next three years. Therefore, the rise in the e-commerce sector is expected to boost the warehouse automation market during the forecast period. Major players in the warehouse automation market are Daifuku Co., Ltd., Honeywell Intelligrated, KUKA Group, KNAPP Group, Omron Corporation, ABB Ltd., Kardex Group, SSI Schaefer AG, Locus Robotics, Dematic Group (Kion Group AG), Vanderlande Industries BV, Godrej Consoveyo Logistics Automation, Space Magnum Equipment, Toyota Industries, Yaskawa Electric Corp Inc., and WITRON Logistik + Informatik GmbH. Investments in research and development activities are a key trend gaining popularity in the warehouse automation market. The companies operating in the warehouse automation sector are increasingly investing in R&D facilities to boost their new product development activities and gain a competitive edge over other players through launching technologically advanced products with greater operational capabilities and performance. For instance, in November 2021, Honeywell International Inc., a US-based conglomerate company involved in building technologies, safety & productivity solutions, and performance materials & technologies, announced its plans to develop a new advanced research and development (R&D) testing facility in the Czech Republic for its own Honeywell Intelligrated warehouse automation business to meet the growing demand for technologies that enable secure, more accurate supply chains. The facility enables Honeywell software and hardware engineers to design, prototype, and test the innovative warehouse automation systems used by logistics companies to improve the efficiency, accuracy, and throughput of packages within warehouses and distribution centers. In July 2021, Zebra Technologies, an Illinois-based company involved in the manufacturing and distribution of marking, printing, and tracking technologies, acquired Fetch Robotics for $290 million. The acquisition helps Zebra Technologies to accelerate its enterprise asset intelligence vision and expand its developmental activities in intelligent industrial automation by embracing new methods of empowering workflows and helping customers operate efficiently in increasingly automated and data-powered environments. Fetch Robotics is a US-based on-demand provider of warehouse automation. North America was the largest region in the warehouse automation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the warehouse automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the warehouse automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The warehouse automation market includes revenues earned by entities by providing warehouse automation solutions for operational efficiency, increasing productivity, reducing labor costs, and helping ensure a synchronous, smooth flow of warehouse processes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The warehouse automation market research report is one of a series of new reports from The Business Research Company that provides warehouse automation market statistics, including warehouse automation industry global market size, regional shares, competitors with a warehouse automation market share, detailed warehouse automation market segments, market trends and opportunities, and any further data you may need to thrive in the warehouse automation industry. This warehouse automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The autonomous last-mile delivery refer to the last phase of the delivery process when cargo is carried from a transportation hub to its final destination usually through drones or autonomous vehicles. Autonomous last-mile delivery solutions are used by various retailers and logistics companies for heavy, medium, or lightweight cargo to minimize the delivery time and supply-chain costs. The main vehicle types of autonomous last-mile delivery are aerial delivery drones, ground delivery bots, self-driving trucks, and vans. A delivery drone is a form of unmanned aerial vehicle (UAV) that is used to deliver items to customers in the final mile. The various types include fixed-wing, rotary-wing, and hybrid with different solutions such as hardware, software, and service. The different ranges are short-range and long-range. The applications of autonomous last-mile delivery are logistics, healthcare and pharmaceuticals, food and beverages, retail, and other applications. The global autonomous last mile delivery market is segmented - 1) By Vehicle Type: Aerial Delivery Drone, Ground Delivery Bots, Self-Driving Trucks And Vans 2) By Solution: Hardware, Software, Service 3) By Range: Short Range, Long Range 4) By Application: Logistics, Healthcare And Pharmaceuticals, Food And Beverages, Retail, Other Applications The global autonomous last mile delivery market size will grow from $17.95 billion in 2022 to $22.83 billion in 2023 at a compound annual growth rate (CAGR) of 27.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the autonomous last mile delivery is expected to grow to $61.88 billion in 2027 at a CAGR of 28.3%. The growth of the e-commerce industry is expected to propel the growth of the autonomous last-mile delivery market. The e-commerce industry refers to the buying and selling of products and services online that focuses on same-day delivery and on-time delivery to provide a better customer experience. Various factors like workforce shortage, pandemic outbreaks, and supply chain disruptions are leading customers to shop online through e-commerce platforms. E-commerce companies are using drones and autonomous vehicles for the last stage of delivery of the courier and parcel to end-users at their doorsteps without human intervention. For instance, according to India Brand Equity Foundation, an India-based government export promotion agency, the e-commerce sector in India is estimated to reach $111.4 billion by 2025. Therefore, the rising e-commerce industry is driving the autonomous last-mile delivery market growth. Major players in the autonomous last-mile delivery market are Amazon, DHL International GmbH, DPD Group, Drone Delivery Canada, Flirtey, Flytrex, Marble Robot, Matternet, Savioke, Starship Technologies, Cheetah Logistic Technology, Dronescan, Edronic, Nuro Inc., Unsupervised Inc., Kiwi Campus, Eliport, Skycart, Refraction AI, Robby Technologies, and Udelv Inc. Technological advancements are shaping the autonomous last-mile delivery market. Companies manufacturing autonomous last-mile delivery solutions are investing in advanced technology to provide enhanced products and services to customers. For instance, in April 2021, Cleveron, an Estonia-based parcel delivery robots business, unveiled its latest unmanned semi-autonomous last-mile delivery vehicle, the Cleveron 701. Cleveron 701 is a semi-autonomous platform that may be customized by the operator to satisfy a variety of delivery requirements. The vehicle, for example, can function as a supermarket delivery robot with temperature-controlled parts, a mail delivery vehicle, or even a high-tech coffee robot or ice cream truck. It helps businesses to fulfill the increasing need for same-day delivery, which has been fueled by the recent acceleration of e-commerce and a quickly changing retail scene. In June 2020, Caterpillar Inc., a US-based manufacturer of construction and mining equipment, acquired Marble Robot Inc for an undisclosed amount. With this acquisition, Caterpillar Inc aims at building autonomous mining vehicles and meet the ever-changing needs of customers in the quarry, industrial, construction, and waste industries. Marble Robot Inc is a US-based startup company that makes delivery robots. North America was the largest region in the autonomous last-mile delivery market in 2022. The regions covered in the autonomous last-mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the autonomous last-mile delivery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The autonomous last-mile delivery market includes revenues earned by entities providing on-time delivery services, online ordering services, catering food services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The autonomous last mile delivery market research report is one of a series of new reports from The Business Research Company that provides autonomous last mile delivery market statistics, including autonomous last mile delivery industry global market size, regional shares, competitors with a autonomous last mile delivery market share, detailed autonomous last mile delivery market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous last mile delivery industry. This autonomous last mile delivery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Truck transport refers to a mode of transportation of goods that provides over-the-road transportation of cargo using motor vehicles such as trucks and tractor-trailers, which is a big, heavy truck designed to transport cargo from one place to another to deliver services in rural areas and short-distance locations and reduce the risk of damage to goods. The main types in the truck transport market are general freight trucking and specialised freight trucking. General freight trucking specialises in handling and transporting goods in containers locally or long distances. The market is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others. The global truck transport market is segmented - 1) By Type: General Freight Trucking, Specialized Freight Trucking 2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications 3) By Size: Heavy Trucks, Medium Trucks, Light Trucks Subsegments Covered: Local General Freight Trucking, Long-Distance General Freight Trucking, Automobiles And Heavy Equipment, Bulk Liquids, Dry Bulk Materials, Forest Products, Refrigerated Goods The global truck transport market size grew from $1839.85 billion in 2022 to $2000.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The truck transport market is expected to grow to $2727.85 billion in 2027 at a CAGR of 8.1%. Faster Economic Growth: The truck transport market's growth is aided by the stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period. Major companies in the truck transport market include Xiamen C&D, Cargill Incorporated, FedEx Corporation, United Parcel Service Inc., Toyota Motor Corp, C.H. Robinson Worldwide Inc., XPO Logistics Inc., J. B. Hunt Transport Services, A.P. Møller-Mærsk A/S, and YRC Worldwide Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the truck transport market in 2020 as governments imposed lockdowns and restricted the movement of people and goods to contain the transmission. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down" and harming businesses throughout 2020 and into 2021. However, the truck transport market has started recovering from the shock. Fleet regionalization is being widely adopted by truck transportation companies to reduce operational costs and increase transportation efficiencies. As a result, companies involved in the truck transportation business are gradually shifting their services from the international and national levels to the regional level. Regionalization of fleets enables truck transportation companies to increase operational efficiencies and reduce costs, improving driver and truck turnaround time. Major advantages of fleet regionalization include increased ports of entry, intermodal system capabilities, and shorter travel distances. Asia-Pacific was the largest region in the truck transport market in 2022. North America was the second largest region in the trucking industry. The regions covered in the truck transport market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the truck transport market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The truck transport market includes revenues earned by entities by transferring or moving cargo, personal effects, or deliveries for businesses between places like residences and workplaces or between the point of production and the point of sale. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The truck transport market research report is one of a series of new reports from The Business Research Company that provides truck transport market statistics, including truck transport industry global market size, regional shares, competitors with a truck transport market share, detailed truck transport market segments, market trends and opportunities, and any further data you may need to thrive in the truck transport industry. This truck transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Heavy trucks are defined as commercial motor vehicles used for the transportation of goods with a weight of 2.72 tons or more when empty and 4.54 tons or more when loaded. The main types in the heavy trucks market are class 5, class 6, class 7, and class 8. Class 8 trucks refer to the class 8 trucks that are used commercially and have great load capacity. The various fuel types include diesel, natural gas, hybrid electric, and gasoline. These are used in construction and mining, freight and logistics, and other applications. The global heavy trucks market is segmented - 1) By Type: Class 5, Class 6, Class 7, Class 8 2) By Fuel: Diesel, Natural Gas, Hybrid Electric, Gasoline 3) By Application: Construction and Mining, Freight and Logistics, Other Applications The global heavy trucks market size will grow from $208.31 billion in 2022 to $222.57 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global heavy trucks is expected to grow to $283.71 billion in 2027 at a CAGR of 6.3%. Growth in the demand for heavy trucks from end-users such as in construction, mining, and other sectors is contributing to the growth of the heavy truck manufacturing market. According to executives of leading truck makers, an increase in construction activities boosted the sales of tipper trucks, concrete mixers, and other heavy vehicles. Also, the 2021, according to the American Trucking Association, the revenue of the trucking industry was reported to be $ 875.5 billion. In June 2021, around 4.06 million Class 8 trucks were in operation, 2.3% up from 2020. An increase in demand for heavy trucks from end-users is expected to drive the growth of the heavy trucks market in the forecast period. Major players in the heavy trucks market are Volvo Trucks, Daimler, Paccar, Isuzu Motors Ltd., TATA motors, Eicher Motors Ltd., Dongfeng Motor Group Company Ltd., Navistar, Ford Motor Company, and Volkswagen. The COVID-19 outbreak across the globe has impacted the production and demand for heavy trucks, and this is expected to restrain the heavy trucks market during the forecast period. The pandemic has led to restrictive containment measures involving social distancing, remote working, and the closure of several manufacturing units to contain the disease. Such a lockdown norm has led to supply chain disruptions across several industries, including heavy truck manufacturing industries. S&P Global Inc., a financial information and analytics company, indicated that global sales of heavy-duty trucks will decline by 20% to 30% in 2020 due to the COVID-19 impact. Furthermore, by 2021, the sales recovery is expected to be delayed by 10%. Therefore, the COVID-19 outbreak is a major restraining factor that is expected to impact the growth of the heavy trucks market negatively. Vehicles fitted with advanced driver-assistive technologies and safety features are new trends in the heavy trucks market. Advanced driver-assistive technologies include features like the Collision Mitigation System (CMS) and a Lane Departure Warning System (LDWS), aiming to reduce road accidents and increase vehicle safety. For instance, in 2022, Tata Motors, an Indian-based, commercial vehicle manufacturer, launched India’s first CNG-powered medium and heavy commercial vehicle truck and introduced a new-age, advanced driver assistance system (ADAS) including collision mitigation system, lane departure warning system and driver monitoring system in its best-selling range of trucks including Prima, Signa and Ultra trucks to enhance driving comfort. In April 2021, Battle Motors, a US-based company developing electric vehicle (EV), acquired Crane Carrier Company LLC., manufacturing construction truck and garbage truck chassis, for an undisclosed amount. The acquisition will help Battle Motors to develop Class 7 and 8 vocational truck electrification. Crane Carrier Company (CCC) is a US-based company specializes in manufacturing purpose-built Class 7 and 8 severe-duty trucks. North America was the largest region in the heavy trucks market in 2022. Asia-Pacific was the second-largest region in the global heavy trucks market share. The regions in the global heavy trucks market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. The countries covered in heavy trucks market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The heavy trucks market consists of sales of 18-wheeler truck, refrigerator truck, dump truck, garbage truck, logging truck, concrete transport truck, tractor unit and tanker truck. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The heavy trucks market research report is one of a series of new reports from The Business Research Company that provides heavy trucks market statistics, including heavy truck industry global market size, regional shares, competitors with a heavy trucks market share, detailed heavy trucks market segments, market trends and opportunities, and any further data you may need to thrive in the heavy truck industry. This heavy trucks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.