Well, now KION subsidiary Linde Material Handling has done just that—after more than 60 years of dedicated work. That is to say that the millionth forklift truck recently rolled off the production line in Aschaffenburg. Incidentally, the truck was from the latest series. From field to fork - on. Pune, November 28, 2019 - KION India Private Limited, a wholly-owned subsidiary of KION Group AG, has officially inaugurated its Factory 2.0, a new production site, which is India’s largest material handling equipment manufacturing facility. The new factory is located. KION Baoli Forklift Co., Ltd is our international, highly competitive material handling manufacturer for the value segment. KION North America offers LPG, diesel and electric Baoli brand forklifts with load capacities ranging from 3,500 to 7,000 lbs.
French logistics firm Geodis and Silicon Valley remote driving software startup Phantom Auto Inc on Wednesday announced a partnership for developing remote-controlled forklifts, a move that can make forklift driving an office job.
“So I can be in one warehouse in Marseille in the morning and work for another warehouse in Calais in the north of France during the afternoon,” said Stéphanie Hervé, chief operating officer of Western Europe, Middle East and Africa for Geodis.
Hervé said the technology could eventually help alleviate the challenges of hiring employees for warehouse work and also enable people with disabilities to have a new kind of job.
“With this solution we create a new environment of working which could probably be more attractive for young talent, for digital natives,” she said.
In a demo for Reuters, Phantom Auto had a forklift in a warehouse in Mountain View, California, move pallets of plastic-wrapped boxes. The driver was sitting 50 feet (15 meters) away at a desk, one hand on the wheel, the other maneuvering a joystick while watching a monitor featuring six sub-screens showing the vantage point of the corresponding cameras positioned on the forklift.
“To show the robustness of our technology, we’ve had customers that have driven the forklifts 5,000 miles away,” said co-founder Elliot Katz. “We’ve had customers remotely operating in Asia a forklift located here in California.”
In addition to remote controlling machines, Phantom Auto technology can also be used to monitor autonomous vehicles that might get stuck and need a human hand. It has worked with San Francisco delivery startup Postmates and its small sidewalk robots and can be used for yard trucks and robotaxis, said Katz.
The forklifts used at the Geodis warehouses are made by Fenwick-Linde, part of German multinational Kion Group AG .
Kion Lift Truck
Phantom Auto has raised approximately $25 million to date, with Bessemer Venture Partners as one of its investors.
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NEW YORK, March 29, 2021 /PRNewswire/ -- Rising significantly from 2017, the share of the e-commerce sector in the total global retail sales reached 14% in 2018. Further, by 2021, almost 17% of the total retail sales across the world are expected to be made through online shopping channels. This is because such platforms offer customers the price flexibility and fast delivery service they are looking for.
This factor is expected to propel the global forklift market, which garnered $33,878.7 million revenue in 2019, to $42,519.4 million by 2030, at a 2.8% CAGR between 2020 and 2030. This is because, to meet the rising number of online shopping orders, e-commerce and logistics firms are focusing on increasing their operational efficiency by deploying such vehicles. In addition, with the shelf height increasing and aisle width decreasing at warehouses, new forklifts, especially designed for such constraints, are witnessing rising sales.
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Like companies across various other sectors, forklift manufacturers are also subject to the ill-effects of the COVID-19 situation. Due to the ceasing of manufacturing activities, companies offering forklifts as well as their components would need to alter their strategies and come up with a more-efficient supply chain model. The ripple effects of the current shutdown in several countries are expected to be witnessed till at least the entire 2021.
During 2014-2019, class 5 forklift trucks generated the highest revenue in the industry, owing to their high popularity in emerging economies, such as China and India. They are preferred for heavy-lift applications, especially in places where the risk of tire punctures is high, as such vehicles have pneumatic tires. Their payload capacity is between 3,000 and 55,000 pounds (1,360 and 25,000 kg), which makes them suitable for heavy lifting.
Browse detailed report with COVID-19 impact analysis on Forklift Market Research Report: By Class (Class 1, Class 2, Class 3, Class 4, Class 5), Product (Counterbalance, Warehouse), Engine Type (Internal Combustion Engine, Electric) - Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/forklift-market
Presently, Asia-Pacific (APAC) is the most lucrative forklift market, due to the rapid growth in the automotive and retail industries in India, South Korea, Japan, and China. In addition, regional governments are implementing strict mandates for security and safety at the workplace, which is leading to the quick deployment of such trucks. In the years to come, the fastest rise in the adoption of forklift vehicles would be seen in the Latina America, Middle East & Africa (LAMEA) region, on account of the swift industrialization and popularity of the warehousing model.
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The most prominent players in the global forklift market include KION Group AG, Toyota Industries Corp., Hyster-Yale Materials Handling Inc., Jungheinrich AG, Mitsubishi Logisnext Co. Ltd., Crown Equipment Corp., Hangcha Group Co. Ltd., Anhui Forklift Truck Group Corp., Doosan Corp., and Komatsu Ltd.
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Kion Baoli Forklift