TF Securities(SH:601162) 智通财经网·2025-09-17 02:37Core Insights - The integration of traditional forklifts and AGV technology has made unmanned forklifts a core component of smart logistics, driven by technological advancements and cost reductions in components [1][3] - The market for unmanned forklifts is experiencing rapid growth, with significant increases in shipment volumes and market size projected for the coming years [3][4] Group 1: Technological Evolution - Unmanned forklifts combine traditional forklift and AGV technologies, offering advantages such as automatic navigation, obstacle avoidance, and path planning, which reduce labor costs and safety risks [1] - The evolution of unmanned forklifts has progressed from retrofitting traditional forklifts to specialized designs and new autonomous forms [1][4] Group 2: Market Dynamics - The demand for unmanned forklifts is driven by factors such as rising labor costs, policy support for automation, and advancements in technology that enhance efficiency and safety [3] - The Chinese market for unmanned forklifts is expected to grow from 27,000 units shipped in 2019 to 39,000 units by 2025, with a market size of $2.385 billion in 2023, accounting for 45% of the global market [3] Group 3: Competitive Landscape - Major players in the unmanned forklift industry include both global leaders and emerging Chinese companies, with significant investments in technology and market expansion [4] - The global robotics control system market is projected to reach approximately 80 billion yuan by 2024, with a compound annual growth rate of 84.4% from 2020 to 2024 [4]