Connect with us

Technology

Automated Pallet Truck Market to Reach USD 3.29 Billion by 2032, Expanding at 13.2% CAGR Amid Warehouse Automation Boom | Valuates Reports

Published

on

BANGALORE, India, June 8, 2026 /PRNewswire/ — 

What is the Market Size of Automated Pallet Truck?

The global Automated Pallet Truck market was valued at USD 1401 Million in 2025 and is anticipated to reach USD 3290 Million by 2032, at a CAGR of 13.2% from 2026 to 2032.

Report Coverage

Details

Base Year

2025

Forecast Period

2025-2032

Growth momentum & CAGR

Accelerate at a CAGR of 13.2%

Market Growth 2026-2032

USD 3290 Million

Regional Analysis

North America, APAC, Europe, South America, and Middle East and Africa

Key Companies Covered

Mobile Industrial Robots (MiR), Meidensha Corporation, Mitsubishi Corporation (MC), Swisslog, Seegrid, Toyota, Big Joe Forklifts, LINAK, RoboCV, Vecna Robotics, Casun, Suzhou Dolphin Star Intelligent Technology, Wuxi Dalong Electric Machinery, Zhejiang Etouch Technology, EP Equipment

What are the key factors driving the growth of the Automated pallet truck market?

Primary Drivers: Driven by the operational need for safer, faster, and more consistent pallet movement.Key Sectors: High demand across warehouses, logistics hubs, manufacturing plants, and food handling facilities.Operational Pressures: Fueled by ongoing labor availability issues, rising throughput demands, and tighter delivery schedules.Manufacturing Benefits: Crucial for automotive and electronics manufacturing, where structured material flow reduces delays between storage, assembly, staging, and dispatch.Market Impact: Accelerating a broader industry shift away from manual pallet movement and toward fleet-based, workflow-integrated automated handling systems.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-32A2257/China_Automated_Pallet_Truck_Market

TRENDS INFLUENCING THE GROWTH OF THE AUTOMATED PALLET TRUCK MARKET:

Laser navigation strengthens the Automated Pallet Truck Market by supporting accurate movement in structured indoor environments where pallet routes, docks, aisles, and storage zones must remain predictable. It helps vehicles operate with stable positioning, reducing dependency on fixed floor markers and enabling smoother movement across warehouse and production layouts. This navigation method is especially relevant in facilities handling frequent pallet transfer, repetitive route cycles, and mixed storage zones. The market impact is higher adoption in operations that require reliable pallet movement with controlled routing and minimal process disruption.

Vision navigation drives market growth by enabling automated pallet trucks to interpret surroundings, recognize operating paths, and support movement in facilities where layouts and pallet positions change frequently. It improves flexibility in logistics and manufacturing environments where fixed navigation infrastructure may limit scalability. Vision-based systems also support better interaction with loading areas, staging zones, and nearby workers, making them suitable for dynamic warehouse and production workflows. The market impact is stronger demand from facilities seeking adaptable pallet automation without fully redesigning existing operations.

Automotive and electronics manufacturing supports Automated Pallet Truck Market growth through continuous internal material movement between receiving areas, production cells, component storage, quality inspection points, and outbound zones. These industries depend on timely replenishment, controlled handling, and uninterrupted line-side delivery, making automated pallet movement valuable for reducing bottlenecks. Electronics manufacturing also requires cleaner, more organized, and traceable handling of components, while automotive plants need durable systems for heavier production flows. The market impact is sustained adoption across factories where pallet movement directly affects production continuity.

Warehousing and logistics facilities are adopting automated pallet trucks to manage faster order cycles, frequent pallet movement, and tighter dock-to-storage coordination. Manual pallet movement often creates delays when workers shift between picking, staging, loading, and transport tasks. Automated pallet trucks allow repetitive transfer routes to run consistently while human workers focus on exception handling and value-added activities. The market impact is stronger deployment in distribution environments where throughput consistency has become central to operational performance.

Labor shortages and rising workplace safety expectations are major factors supporting automated pallet truck adoption. Pallet movement involves repetitive pulling, pushing, lifting coordination, and traffic exposure, creating operational strain in busy facilities. Automated systems reduce dependence on manual handling and help standardize movement patterns in high-traffic zones. The market impact is growing investment from operators aiming to reduce injury risk, stabilize labor planning, and maintain productivity despite workforce constraints.

Demand is expanding because automated pallet trucks are being used across light, medium, and heavy pallet movement requirements. Facilities handling packaged goods, automotive parts, food products, electronics components, and industrial materials need systems that match different load profiles without disrupting existing workflows. Flexible load capacity options make adoption easier across both compact storage environments and large production facilities. The market impact is wider market penetration across industries with varied pallet size, weight, and movement intensity.

Automated pallet trucks are increasingly selected because they can be aligned with warehouse management, production scheduling, dispatch planning, and internal material flow systems. Facilities benefit when pallet movement is connected to task assignment, route control, inventory visibility, and loading priorities. This integration reduces idle time, improves handoff between departments, and supports more disciplined pallet staging. The market impact is a shift from standalone equipment purchases toward integrated automated material-handling ecosystems.

Source from Valuates Reports: https://reports.valuates.com/market-reports/QYRE-Auto-32A2257/china-automated-pallet-truck

What are the major segment types in the automated pallet truck market?

Load Capacity < 1 Ton1 Ton ≤ Load Capacity < 3 Tons3 Tons ≤ Load Capacity < 5 Tons5 Tons ≤ Load Capacity

What are the major segments by navigation method in the automated pallet truck market?

Laser NavigationInertial NavigationVision NavigationMagnetic Stripe Navigation

What are the major segments by level of automation in the automated pallet truck market?

Semi-automatic AssistedFully Automatic Unmanned

What are the main applications of the automated pallet truck market?

Warehousing and LogisticsAutomotive Electronics ManufacturingFood and Beverage

Who are the Key Players in the automated pallet truck market?

SwisslogSeegridToyotaCasunMobile Industrial Robots (MiR)Meidensha CorporationMitsubishi Corporation (MC)Big Joe ForkliftsLINAKRoboCVVecna RoboticsSuzhou Dolphin Star Intelligent TechnologyWuxi Dalong Electric MachineryZhejiang Etouch TechnologyEP Equipment

Claim Yours Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-32A2257&lic=single-user

Which region dominates the automated pallet truck market?

North America shows steady adoption across warehousing, retail distribution, food logistics, and advanced manufacturing due to labor constraints and mature automation planning. Asia-Pacific is supported by expanding manufacturing capacity, dense logistics networks, and rising warehouse modernization across China, Japan, South Korea, India, and Southeast Asia.

Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-32A2257/China_Automated_Pallet_Truck_Market

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

What are some related markets to the automated pallet truck market?

Rider Pallet Truck Market was valued at USD 2711 Million in the year 2024 and is projected to reach a revised size of USD 3546 Million by 2031, growing at a CAGR of 4.2% during the forecast period.Stand-Up Rider Pallet Truck Market was valued at USD 3145 Million in the year 2024 and is projected to reach a revised size of USD 4259 Million by 2031, growing at a CAGR of 4.8% during the forecast period.Smart Pallet Truck Market Research ReportFour-way Pallet Truck Market was valued at USD 3331 Million in the year 2024 and is projected to reach a revised size of USD 5524 Million by 2031, growing at a CAGR of 7.6% during the forecast period.Low-Level Order Picker Pallet Truck market was valued at USD 2814 Million in the year 2024 and is projected to reach a revised size of USD 3860 Million by 2031, growing at a CAGR of 5.1% during the forecast period.Unmanned Pallet Truck Market was valued at USD 1217 Million in the year 2024 and is projected to reach a revised size of USD 3101 Million by 2031, growing at a CAGR of 14.2% during the forecast period.Automated Guided Pallet Truck Market was valued at USD 1217 Million in the year 2024 and is projected to reach a revised size of USD 3101 Million by 2031, growing at a CAGR of 14.2% during the forecast period.Electric Pedestrian Pallet Truck Market was valued at USD 521 Million in the year 2024 and is projected to reach a revised size of USD 908 Million by 2031, growing at a CAGR of 8.4% during the forecast period.Pedestrian Pallet Truck Market Research ReportHydraulic Hand Pallet Truck Market Research ReportMulti Function Hand Pallet Truck Market Research Report

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

Contact Us

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335

Explore our blogs & channels:

Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/automated-pallet-truck-market-to-reach-usd-3-29-billion-by-2032–expanding-at-13-2-cagr-amid-warehouse-automation-boom–valuates-reports-302793942.html

Continue Reading

Technology

Australian Winter Bulk Cooking Trend Springs Into Spring as Australians Balance Costs and Health Goals

Published

on

By

Consumer insights from Samsung Australia reveals approximately 72% of Australians surveyed are turning to bulk cooking to ease grocery bills and stress.

More than a third say their fridge simply isn’t big enough to keep up.

SYDNEY, Oct. 28, 2026 /PRNewswire/ — Samsung Australia has today released a fresh batch of consumer insights that reveals bulk cooking, a habit long associated with cooler months, is extending into spring as Australians look to manage grocery costs and kick-start New Year health goals as the weather warms up.

The Samsung insights reveal that almost two in three Australian respondents (62%) say they have bulk cooked specifically to save money[1], while over two thirds (69%) believe that bulk cooking helps to reduce their weekly shopping bill[2]. Beyond the hip pocket, the insights also suggest Australians are turning to bulk cooking as weekly meal prep to support overall health and wellbeing. Sixty-two per cent of Australian respondents say they intend to start the New Year by eating healthier[3], with over half (59%) claiming that bulk cooking helps meet health and nutrition goals[4].

Furthermore, the insights reveal that bulk cooked meal prep is also emerging as a genuine stress reliever. Almost three quarters of Australian respondents (72%) agree it reduces their weekly stress[5]; a figure that climbs to 87% among 25 to 29 year olds[6]. Further, almost half of Australians respondents (46%) claim to bulk cook breakfast, lunch and dinners to save time and reduce the daily mental load.[7]

Conversely however, Australians are running into storage challenges, with the insights revealing a third (34%) of Australians want to bulk cook more often, but claim their fridge isn’t big enough[8]. Further, around a quarter of Australians (24%) admit to stacking containers dangerously to make bulk-cooked meals fit[9], spiking to 45% among 18- to 24-year-olds and 43% among 25- to 29-year-olds[10].

According to Phil Gaut, Director – Consumer Electronics, Samsung Australia, the national shift towards meal prep to support Australian lifestyles has been occurring subtly over the past few years, and is now firmly reflected in consumer retail trends. “In 2026, larger capacities and energy efficient performance rank as the two most sought-after features among Australians shopping for a new fridge[11]. This shows that bulk cooking and meal prep isn’t just a winter ritual anymore, it’s a genuine strategy for Australians to save money, eat better and feel less stressed as we head towards the end of the year,” said Mr. Gaut.

As Australians move further into spring, the insights show that 56% have plans to use their weekends to bulk cook, while one in three (37%) say they’ll continue to put healthy food at the front of their fridge to remind themselves to eat healthier.[12] With end of year sales coming up, Mr Gaut suggests that now is a good time for Australians to start researching larger capacity models and notes that many shoppers re-entering the market for the first time in years may be surprised by the technological leaps refrigeration technology has taken in that time.

“AI paired with new design approaches have been the biggest drivers of change in the premium refrigeration category, with smart features working to address some of Australians’ biggest pain points every day,” said Mr Gaut. “French-door refrigerators are incredibly popular amongst Australians who rely on bulk cooking to stay on top of bills and schedules because they benefit from large internal capacities, flexible shelving, and in-built beverage centres that give easy access to ice and water – all while fitting into most standard refrigerator kitchen cavities.

“Large capacity screen-enabled refrigerators like Samsung’s Family Hub go further by using AI to directly address common Australian concerns like reducing food wastage and saving time and energy every day. The Family Hub does this by automatically tracking what goes into the fridge to create shopping lists and bulk-cooking menus based on nutrition goals, while tracking and managing energy use via SmartThings.[13] Refrigerators like this are made for Australian lifestyles and are designed to offer long-term value by evolving with families and personalising to their unique routines over time,” said Mr Gaut.

Available in various styles and capabilities in plumbed and non-plumbed models, Samsung has a refrigerator solution to meet the needs of Australian homes. Australians can also shop with confidence knowing that in 2026, Australian consumers voted Samsung’s Refrigerator line-up ‘Top Value’, ‘Most Reliable’, ‘Top Performance’ and ‘Most Recommended’ in Finder’s 2026 Customer Satisfaction Awards.

To find out more about Samsung’s range of refrigerators, visit https://www.samsung.com/au/refrigerators/all-refrigerators/  

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

[1]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[2]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[3]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[4]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[5]Furthermore, the insights reveal Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[6]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[7] Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[8]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[9]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[10]Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[11]WorldPanel ComTech, February 2026. Larger capacity and energy efficiency are the top two features desired by Australian consumers considering a Samsung refrigerator in 2026.

[12] Samsung commissioned research conducted by PureProfile, February 2026. Nationally representative sample of 1,008 Australians aged 18-95 years.

[13] Using the SmartThings App, which is available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required

 

View original content:https://www.prnewswire.com/apac/news-releases/australian-winter-bulk-cooking-trend-springs-into-spring-as-australians-balance-costs-and-health-goals-302921385.html

SOURCE Samsung Australia

Continue Reading

Technology

GTN and AmInvestment Bank expand market access for Malaysian investors

Published

on

By

SINGAPORE, Oct. 27, 2026 /PRNewswire/ — GTN, the global fintech powering limitless investment, and AmInvestment Bank Berhad (“AmInvestment Bank”), part of AmBank Group Berhad, one of Malaysia’s largest leading banking groups, today announced a partnership to expand the global investment opportunities available to AmInvestment Bank clients.

Powered by GTN’s co-branded global trading platform, GTN Trade, AmInvestment Bank will enable its clients seamless access to 13 global markets, including the United States, the United Kingdom, Singapore, Hong Kong, Japan, and Australia.

Through a single integration, AmInvestment Bank can offer access to multiple markets without having to establish separate broker relationships or build the associated connectivity and post-trade infrastructure for each market. GTN Trade operates under AmInvestment Bank’s brand, while GTN provides the underlying execution, custody and settlement infrastructure, enabling AmInvestment Bank to bring its global investing offering to market more efficiently.

“At GTN, we believe access to global markets should be simpler and more accessible to investors,” said Julien Le Noble, CEO Asia at GTN. “Our infrastructure enables financial institutions to expand their investment offerings and connect clients to global markets without having to build the underlying capabilities themselves. By partnering with AmInvestment Bank, we are helping bring global investing opportunities to more Malaysian investors through a familiar banking relationship.”

“Our goal is to make global investing simpler and more accessible for our clients. Through this partnership with GTN, we are enhancing our investment offering by providing convenient access to 13 global markets, enabling clients to diversify their portfolios and capture opportunities across different geographies and sectors. More importantly, this is a strategic step in strengthening our wealth and investment services, empowering Malaysian investors to look beyond domestic markets with greater choice and flexibility. By combining AmInvestment Bank’s market expertise and established presence in Malaysia with GTN’s global trading infrastructure, we are well positioned to deliver a more seamless and integrated investment experience that supports our clients’ evolving financial needs and long-term investment aspirations,” said Christopher Ng, Chief Executive Officer of AmInvestment Bank.

The partnership reflects the growing importance of international market access as investors look beyond their domestic markets to diversify their portfolios. By combining AmInvestment Bank’s established presence in Malaysia with GTN’s global brokerage infrastructure, the partnership will make it easier for AmInvestment Bank clients to access investment opportunities across major global markets and the wider Southeast Asian region.

About GTN

GTN is the global fintech infrastructure powering limitless investment through a unified API-first architecture. By combining cloud-native technology with deep institutional expertise, GTN provides brokers, banks, asset managers, and fintechs with brokerage infrastructure spanning 90+ markets and up to 8 asset classes across GTN’s six regulated entities, through a single API, enabling partners to create the next generation of investing and trading experiences. From fractional trading and micro-portfolios, including $1 fractional bonds, to full-service brokerage, GTN automates the investment lifecycle from digital onboarding to post-trade settlement. As a single counterparty, GTN reduces technical and regulatory burdens, enabling investment banks, brokerage firms, and wealth management firms to scale without having to build technology from scratch.

GTN has over 700 professionals across 14 countries and serves more than 500 clients worldwide, united by one mission: transforming the accessibility of investment and trading opportunities. GTN operates through six regulated entities, each authorised in its own jurisdiction: FCA in the UK, DFSA in the DIFC, MAS in Singapore, SEC and FINRA in the US, FSCA in South Africa, and SFC in Hong Kong. Strategic investors include IFC (World Bank Group) and SBI Ventures Singapore. To learn more, visit www.gtngroup.com or follow us on LinkedIn.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/gtn-and-aminvestment-bank-expand-market-access-for-malaysian-investors-302921199.html

Continue Reading

Technology

Ascendion Expands AI Advisory Community with Four Global Business and Technology Leaders

Published

on

By

Former Global CTO of Banco Santander, former Group CIO of Currys, former CEO of IBPAP, and former Microsoft CVP and CTO of AI join the advisory community

Advisors will provide guidance on AAVA platform innovation, AI strategy, C-suite alignment, and enterprise adoption across Asia-Pacific, Europe, North America, and the UK

The growing community of advisors will bring practitioner perspective closer to Ascendion as enterprises move AI from experimentation to governed, production-scale outcomes

BASKING RIDGE, N.J., Oct. 27, 2026 /PRNewswire/ — Ascendion, an AI-native software engineering company, today announced the appointment of four global business and technology leaders to its AI Advisory Community: Andy Gamble, Jack Madrid, Julieta Ross, Ph.D., and Joseph Sirosh, Ph.D. 

The advisors bring perspectives rarely found in one group: executives who answered to Boards, regulators, and C-suites for what technology actually delivered; a builder of AI and data platforms at global scale; and a leader who shaped one of the world’s largest technology-services and talent ecosystems. Their experience spans banking, high-tech, media, and retail. Each will work directly with Ascendion’s regional and engineering leaders, so their counsel reaches the decisions it is meant to shape. 

“We are changing how software gets built. Enterprise leaders have moved past experiments. They want AI that delivers outcomes boards can measure and risk they can manage. Andy, Jack, Julieta, and Joseph have the experience and know where transformation succeeds. They will challenge our thinking, raise our ambition, and help us navigate a period of intense — and exciting — change,” said Karthik Krishnamurthy, CEO, Ascendion. 

Each advisor will map to a different part of the business, strengthening Ascendion’s alignment with leadership communities across the globe. 

Julieta Ross, Ph.D., former Global CTO of Banco Santander, brings two decades of leading technology inside global banks, along with public-company board experience. She will work with Ascendion’s leadership on executive relationships, go-to-market strategy, and growth, and will help the company meet the governance, regulatory, and risk expectations that banking and financial services leaders place on AI. Andy Gamble, former Group CIO of Currys plc, has spent nearly three decades as a technology buyer and transformation leader across consumer electronics, industrial, and retail businesses. He will advise Ascendion’s work across Europe and the UK, with a focus on consumer goods, manufacturing, and retail, and will share what executive teams and Boards expect from a technology partner. Joseph Sirosh, Ph.D., former Microsoft CVP and CTO of AI, has spent his career building and scaling machine learning platforms in the high-tech industry. He will advise Ascendion’s engineering leadership on the evolution of AAVA and its broader platform strategy as AAVA becomes an orchestration and harness layer for enterprise AI. Jack Madrid, former President and CEO of IBPAP, spent five years leading the industry association behind one of the world’s largest technology and business-services ecosystems, centered in the Philippines. He brings robust experience working across industries, including banking, high-tech, and media, and will advise Ascendion on Asia-Pacific markets and on how AI is reshaping global delivery, skills, and workforce models. 

Together, the advisors give Ascendion an outside perspective on the full spectrum of enterprise AI, from agentic platform strategy and product engineering to industry alignment and delivery. They will add capacity to Ascendion’s ongoing work on AI governance, helping ensure trusted impact from AI-native software engineering, and their practice-based insight will inform how Ascendion applies its Engineering to the Power of AI™ approach to commercial models, platform design, service execution, and workforce development. 

About Ascendion

Ascendion is a global AI-native software engineering company delivering trusted business outcomes – capital unlock, innovation velocity, lower risk – to 250+ enterprise clients. The company delivers business outcomes at scale by combining expert engineers, AI agents, and AAVA, Ascendion’s agentic AI platform. Together, they design, engineer, and operate production-ready software that improves everyday work and life. Learn more at www.ascendion.com.

Engineering to the Power of AI™, Engineering to Elevate Life™, and AAVA™ are trademarks or service marks of Ascendion. AAVA™ is pending registration. Unauthorized use is strictly prohibited.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ascendion-expands-ai-advisory-community-with-four-global-business-and-technology-leaders-302921368.html

Continue Reading

Trending