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Global Forklift AGV Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Oct 30, 2025
Length 180 Pages
SKU # BOSS20729814

Description

Report Overview

Forklift Automated Guided Vehicles (AGVs) are intelligent, driverless forklifts equipped with advanced navigation systems such as laser guidance, vision recognition, magnetic tape, or natural feature navigation. They are designed to transport, stack, and store goods within industrial and commercial environments without human intervention. Unlike traditional forklifts, forklift AGVs integrate with warehouse management systems (WMS) and manufacturing execution systems (MES), allowing them to operate continuously and with high precision. They significantly reduce labor dependency, improve workplace safety, minimize operational errors, and enhance overall supply chain efficiency. At the same time, they form an important part of Industry 4.0 strategies, enabling companies to create smart factories and achieve seamless automation across logistics and production lines.

The global Forklift AGV Market is anticipated to witness consistent growth, starting approximately at USD 7.51 billion in 2024, reaching USD 8.38 billion in 2025, and climbing to USD 20.2 billion by 2033, with a steady CAGR of 11.62% from 2025 to 2033. This strong expansion is supported by several key drivers, including the rising demand for automated warehousing solutions, the labor shortages in developed and emerging economies, and the increasing focus on workplace safety regulations. In addition, the boom in e-commerce and retail distribution is generating an unprecedented demand for flexible, scalable intralogistics solutions, while the growing adoption of smart manufacturing and digital supply chains further accelerates the deployment of forklift AGVs. At the same time, cost savings from reduced labor expenses and lower error rates provide a solid financial incentive for enterprises to adopt these technologies.

The global Forklift AGV market size was estimated at USD XX million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of XX% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global Forklift AGV market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global Forklift AGV market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Forklift AGV market.

Global Forklift AGV Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

KION

Toyota

Hyundai Construction Equipment

Mitsubishi Heavy Industries

Crown

Meidensha

BALYO

BHS Corrugated

Jungheinrich

DS Automotion GmbH

Scott Transbotics

Hikrobot

Staubli

Hangzhou Lanxin

Shenzhen Vision Robot

Multiway Robotics

Shenyang Siasun

Shenzhen Casun Intellingent Robot

Suzhou AGV Robot CO.,LTD

Hangcha Group Co., Ltd.

Comwin

Machinery Technology Development (MTD)

Kunming Shipbuilding Equipment Group

Guangdong Jaten Robot & Automation

Hangzhou Guochen Robot Technology

Guangzhou Remote Logistics Automation Equipment Technology

Market Segmentation (by Type)

Maximum load ≤ 1 ton

1 ton < Maximum load ≤ 2.5 tons

Maximum load > 2.5 tons

Market Segmentation (by Application)

Manufacturing Industry

Warehousing & Distribution

Logistics

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Forklift AGV Market

Overview of the regional outlook of the Forklift AGV Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Forklift AGV Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Forklift AGV, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

180 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Forklift AGV
1.2 Key Market Segments
1.2.1 Forklift AGV Segment by Type
1.2.2 Forklift AGV Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Forklift AGV Market Overview
2.1 Global Market Overview
2.1.1 Global Forklift AGV Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Forklift AGV Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Forklift AGV Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Forklift AGV Product Life Cycle
3.3 Global Forklift AGV Sales by Manufacturers (2020-2025)
3.4 Global Forklift AGV Revenue Market Share by Manufacturers (2020-2025)
3.5 Forklift AGV Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Forklift AGV Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Forklift AGV Market Competitive Situation and Trends
3.8.1 Forklift AGV Market Concentration Rate
3.8.2 Global 5 and 10 Largest Forklift AGV Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Forklift AGV Industry Chain Analysis
4.1 Forklift AGV Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Forklift AGV Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Forklift AGV Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Forklift AGV Market
5.7 ESG Ratings of Leading Companies
6 Forklift AGV Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Forklift AGV Sales Market Share by Type (2020-2025)
6.3 Global Forklift AGV Market Size Market Share by Type (2020-2025)
6.4 Global Forklift AGV Price by Type (2020-2025)
7 Forklift AGV Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Forklift AGV Market Sales by Application (2020-2025)
7.3 Global Forklift AGV Market Size (M USD) by Application (2020-2025)
7.4 Global Forklift AGV Sales Growth Rate by Application (2020-2025)
8 Forklift AGV Market Sales by Region
8.1 Global Forklift AGV Sales by Region
8.1.1 Global Forklift AGV Sales by Region
8.1.2 Global Forklift AGV Sales Market Share by Region
8.2 Global Forklift AGV Market Size by Region
8.2.1 Global Forklift AGV Market Size by Region
8.2.2 Global Forklift AGV Market Size Market Share by Region
8.3 North America
8.3.1 North America Forklift AGV Sales by Country
8.3.2 North America Forklift AGV Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Forklift AGV Sales by Country
8.4.2 Europe Forklift AGV Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Forklift AGV Sales by Region
8.5.2 Asia Pacific Forklift AGV Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Forklift AGV Sales by Country
8.6.2 South America Forklift AGV Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Forklift AGV Sales by Region
8.7.2 Middle East and Africa Forklift AGV Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Forklift AGV Market Production by Region
9.1 Global Production of Forklift AGV by Region(2020-2025)
9.2 Global Forklift AGV Revenue Market Share by Region (2020-2025)
9.3 Global Forklift AGV Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Forklift AGV Production
9.4.1 North America Forklift AGV Production Growth Rate (2020-2025)
9.4.2 North America Forklift AGV Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Forklift AGV Production
9.5.1 Europe Forklift AGV Production Growth Rate (2020-2025)
9.5.2 Europe Forklift AGV Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Forklift AGV Production (2020-2025)
9.6.1 Japan Forklift AGV Production Growth Rate (2020-2025)
9.6.2 Japan Forklift AGV Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Forklift AGV Production (2020-2025)
9.7.1 China Forklift AGV Production Growth Rate (2020-2025)
9.7.2 China Forklift AGV Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 KION
10.1.1 KION Basic Information
10.1.2 KION Forklift AGV Product Overview
10.1.3 KION Forklift AGV Product Market Performance
10.1.4 KION Business Overview
10.1.5 KION SWOT Analysis
10.1.6 KION Recent Developments
10.2 Toyota
10.2.1 Toyota Basic Information
10.2.2 Toyota Forklift AGV Product Overview
10.2.3 Toyota Forklift AGV Product Market Performance
10.2.4 Toyota Business Overview
10.2.5 Toyota SWOT Analysis
10.2.6 Toyota Recent Developments
10.3 Hyundai Construction Equipment
10.3.1 Hyundai Construction Equipment Basic Information
10.3.2 Hyundai Construction Equipment Forklift AGV Product Overview
10.3.3 Hyundai Construction Equipment Forklift AGV Product Market Performance
10.3.4 Hyundai Construction Equipment Business Overview
10.3.5 Hyundai Construction Equipment SWOT Analysis
10.3.6 Hyundai Construction Equipment Recent Developments
10.4 Mitsubishi Heavy Industries
10.4.1 Mitsubishi Heavy Industries Basic Information
10.4.2 Mitsubishi Heavy Industries Forklift AGV Product Overview
10.4.3 Mitsubishi Heavy Industries Forklift AGV Product Market Performance
10.4.4 Mitsubishi Heavy Industries Business Overview
10.4.5 Mitsubishi Heavy Industries Recent Developments
10.5 Crown
10.5.1 Crown Basic Information
10.5.2 Crown Forklift AGV Product Overview
10.5.3 Crown Forklift AGV Product Market Performance
10.5.4 Crown Business Overview
10.5.5 Crown Recent Developments
10.6 Meidensha
10.6.1 Meidensha Basic Information
10.6.2 Meidensha Forklift AGV Product Overview
10.6.3 Meidensha Forklift AGV Product Market Performance
10.6.4 Meidensha Business Overview
10.6.5 Meidensha Recent Developments
10.7 BALYO
10.7.1 BALYO Basic Information
10.7.2 BALYO Forklift AGV Product Overview
10.7.3 BALYO Forklift AGV Product Market Performance
10.7.4 BALYO Business Overview
10.7.5 BALYO Recent Developments
10.8 BHS Corrugated
10.8.1 BHS Corrugated Basic Information
10.8.2 BHS Corrugated Forklift AGV Product Overview
10.8.3 BHS Corrugated Forklift AGV Product Market Performance
10.8.4 BHS Corrugated Business Overview
10.8.5 BHS Corrugated Recent Developments
10.9 Jungheinrich
10.9.1 Jungheinrich Basic Information
10.9.2 Jungheinrich Forklift AGV Product Overview
10.9.3 Jungheinrich Forklift AGV Product Market Performance
10.9.4 Jungheinrich Business Overview
10.9.5 Jungheinrich Recent Developments
10.10 DS Automotion GmbH
10.10.1 DS Automotion GmbH Basic Information
10.10.2 DS Automotion GmbH Forklift AGV Product Overview
10.10.3 DS Automotion GmbH Forklift AGV Product Market Performance
10.10.4 DS Automotion GmbH Business Overview
10.10.5 DS Automotion GmbH Recent Developments
10.11 Scott Transbotics
10.11.1 Scott Transbotics Basic Information
10.11.2 Scott Transbotics Forklift AGV Product Overview
10.11.3 Scott Transbotics Forklift AGV Product Market Performance
10.11.4 Scott Transbotics Business Overview
10.11.5 Scott Transbotics Recent Developments
10.12 Hikrobot
10.12.1 Hikrobot Basic Information
10.12.2 Hikrobot Forklift AGV Product Overview
10.12.3 Hikrobot Forklift AGV Product Market Performance
10.12.4 Hikrobot Business Overview
10.12.5 Hikrobot Recent Developments
10.13 Staubli
10.13.1 Staubli Basic Information
10.13.2 Staubli Forklift AGV Product Overview
10.13.3 Staubli Forklift AGV Product Market Performance
10.13.4 Staubli Business Overview
10.13.5 Staubli Recent Developments
10.14 Hangzhou Lanxin
10.14.1 Hangzhou Lanxin Basic Information
10.14.2 Hangzhou Lanxin Forklift AGV Product Overview
10.14.3 Hangzhou Lanxin Forklift AGV Product Market Performance
10.14.4 Hangzhou Lanxin Business Overview
10.14.5 Hangzhou Lanxin Recent Developments
10.15 Shenzhen Vision Robot
10.15.1 Shenzhen Vision Robot Basic Information
10.15.2 Shenzhen Vision Robot Forklift AGV Product Overview
10.15.3 Shenzhen Vision Robot Forklift AGV Product Market Performance
10.15.4 Shenzhen Vision Robot Business Overview
10.15.5 Shenzhen Vision Robot Recent Developments
10.16 Multiway Robotics
10.16.1 Multiway Robotics Basic Information
10.16.2 Multiway Robotics Forklift AGV Product Overview
10.16.3 Multiway Robotics Forklift AGV Product Market Performance
10.16.4 Multiway Robotics Business Overview
10.16.5 Multiway Robotics Recent Developments
10.17 Shenyang Siasun
10.17.1 Shenyang Siasun Basic Information
10.17.2 Shenyang Siasun Forklift AGV Product Overview
10.17.3 Shenyang Siasun Forklift AGV Product Market Performance
10.17.4 Shenyang Siasun Business Overview
10.17.5 Shenyang Siasun Recent Developments
10.18 Shenzhen Casun Intellingent Robot
10.18.1 Shenzhen Casun Intellingent Robot Basic Information
10.18.2 Shenzhen Casun Intellingent Robot Forklift AGV Product Overview
10.18.3 Shenzhen Casun Intellingent Robot Forklift AGV Product Market Performance
10.18.4 Shenzhen Casun Intellingent Robot Business Overview
10.18.5 Shenzhen Casun Intellingent Robot Recent Developments
10.19 Suzhou AGV Robot CO.,LTD
10.19.1 Suzhou AGV Robot CO.,LTD Basic Information
10.19.2 Suzhou AGV Robot CO.,LTD Forklift AGV Product Overview
10.19.3 Suzhou AGV Robot CO.,LTD Forklift AGV Product Market Performance
10.19.4 Suzhou AGV Robot CO.,LTD Business Overview
10.19.5 Suzhou AGV Robot CO.,LTD Recent Developments
10.20 Hangcha Group Co., Ltd.
10.20.1 Hangcha Group Co., Ltd. Basic Information
10.20.2 Hangcha Group Co., Ltd. Forklift AGV Product Overview
10.20.3 Hangcha Group Co., Ltd. Forklift AGV Product Market Performance
10.20.4 Hangcha Group Co., Ltd. Business Overview
10.20.5 Hangcha Group Co., Ltd. Recent Developments
10.21 Comwin
10.21.1 Comwin Basic Information
10.21.2 Comwin Forklift AGV Product Overview
10.21.3 Comwin Forklift AGV Product Market Performance
10.21.4 Comwin Business Overview
10.21.5 Comwin Recent Developments
10.22 Machinery Technology Development (MTD)
10.22.1 Machinery Technology Development (MTD) Basic Information
10.22.2 Machinery Technology Development (MTD) Forklift AGV Product Overview
10.22.3 Machinery Technology Development (MTD) Forklift AGV Product Market Performance
10.22.4 Machinery Technology Development (MTD) Business Overview
10.22.5 Machinery Technology Development (MTD) Recent Developments
10.23 Kunming Shipbuilding Equipment Group
10.23.1 Kunming Shipbuilding Equipment Group Basic Information
10.23.2 Kunming Shipbuilding Equipment Group Forklift AGV Product Overview
10.23.3 Kunming Shipbuilding Equipment Group Forklift AGV Product Market Performance
10.23.4 Kunming Shipbuilding Equipment Group Business Overview
10.23.5 Kunming Shipbuilding Equipment Group Recent Developments
10.24 Guangdong Jaten Robot and Automation
10.24.1 Guangdong Jaten Robot and Automation Basic Information
10.24.2 Guangdong Jaten Robot and Automation Forklift AGV Product Overview
10.24.3 Guangdong Jaten Robot and Automation Forklift AGV Product Market Performance
10.24.4 Guangdong Jaten Robot and Automation Business Overview
10.24.5 Guangdong Jaten Robot and Automation Recent Developments
10.25 Hangzhou Guochen Robot Technology
10.25.1 Hangzhou Guochen Robot Technology Basic Information
10.25.2 Hangzhou Guochen Robot Technology Forklift AGV Product Overview
10.25.3 Hangzhou Guochen Robot Technology Forklift AGV Product Market Performance
10.25.4 Hangzhou Guochen Robot Technology Business Overview
10.25.5 Hangzhou Guochen Robot Technology Recent Developments
10.26 Guangzhou Remote Logistics Automation Equipment Technology
10.26.1 Guangzhou Remote Logistics Automation Equipment Technology Basic Information
10.26.2 Guangzhou Remote Logistics Automation Equipment Technology Forklift AGV Product Overview
10.26.3 Guangzhou Remote Logistics Automation Equipment Technology Forklift AGV Product Market Performance
10.26.4 Guangzhou Remote Logistics Automation Equipment Technology Business Overview
10.26.5 Guangzhou Remote Logistics Automation Equipment Technology Recent Developments
11 Forklift AGV Market Forecast by Region
11.1 Global Forklift AGV Market Size Forecast
11.2 Global Forklift AGV Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Forklift AGV Market Size Forecast by Country
11.2.3 Asia Pacific Forklift AGV Market Size Forecast by Region
11.2.4 South America Forklift AGV Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Forklift AGV by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Forklift AGV Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Forklift AGV by Type (2026-2033)
12.1.2 Global Forklift AGV Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Forklift AGV by Type (2026-2033)
12.2 Global Forklift AGV Market Forecast by Application (2026-2033)
12.2.1 Global Forklift AGV Sales (K Units) Forecast by Application
12.2.2 Global Forklift AGV Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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