An automated guided vehicle or automatic guided vehicle (AGV) is a mechanical vehicle which carries a load through either an assembly, manufacturing or warehousing facility. Using an AGV instead of a human removes the potential for human mistakes. This also reduces product and equipment damage in the distribution center. Reduced errors leads to increased productivity and improved bottom line. The global automated guided vehicles (AGV) market was estimated at USD 2,247 million in 2021 and is expected to hit USD 6,428 million by 2028, registering a CAGR of 16.2% from 2022 to 2028 as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global automated guided vehicles (AGV) market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the automated guided vehicles (AGV) industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, navigation technology, battery, application, end user, and region. The global market for automated guided vehicles (AGV) can be segmented by type: assembly line vehicles, forklift vehicles, pallet trucks, tow vehicles, unit load carriers, others. The tow vehicles segment held the largest share of the global automated guided vehicles (AGV) market in 2021 and is anticipated to hold its share during the forecast period. Automated guided vehicles (AGV) market is further segmented by navigation technology: inductive guidance, laser guidance, magnetic guidance, optical tape guidance, vision guidance, others. Globally, the laser guidance segment made up the largest share of the automated guided vehicles (AGV) market. Based on battery, the automated guided vehicles (AGV) market is segmented into: lead battery, lithium-ion battery, nickel-based battery. The lead battery segment was the largest contributor to the global automated guided vehicles (AGV) market in 2021. On the basis of application, the automated guided vehicles (AGV) market also can be divided into: manufacturing, warehouse and distribution. Automated guided vehicles (AGV) market by end user is categorized into: automotive, aerospace, e-commerce, electrical and electronics, food and beverages, healthcare, industrial, others. The automated guided vehicles (AGV) market by region can be segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By type:
- assembly line vehicles
- forklift vehicles
- pallet trucks
- tow vehicles
- unit load carriers
- others
By navigation technology:
- inductive guidance
- laser guidance
- magnetic guidance
- optical tape guidance
- vision guidance
- others
By battery:
- lead battery
- lithium-ion battery
- nickel-based battery
By application:
- manufacturing
- warehouse and distribution
By end user:
- automotive
- aerospace
- e-commerce
- electrical and electronics
- food and beverages
- healthcare
- industrial
- others
By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)
The report also provides a detailed analysis of several leading automated guided vehicles (AGV) market vendors that include Amerden Inc., Balyo SA, Daifuku Co., Ltd., E&K Automation GmbH, Hyster-Yale Materials Handling, Inc., JBT Corporation, Jungheinrich AG, Kion Group AG, KUKA AG, Murata Machinery, Ltd., Oceaneering International, Inc., Scott Systems International, Inc., Seegrid Corporation, SSI SCHAFER - Fritz Schafer GmbH, System Logistics S.p.A., Toyota Industries Corporation, among others.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES
Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
- To analyze and forecast the market size of the global automated guided vehicles (AGV) market.
- To classify and forecast the global automated guided vehicles (AGV) market based on type, navigation technology, battery, application, end user, region.
- To identify drivers and challenges for the global automated guided vehicles (AGV) market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automated guided vehicles (AGV) market.
- To identify and analyze the profile of leading players operating in the global automated guided vehicles (AGV) market.
Why Choose This Report
- Gain a reliable outlook of the global automated guided vehicles (AGV) market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.
TABLE OF CONTENTS
FIGURES AND TABLES
PART 1. INTRODUCTION
· Report description
· Objectives of the study
· Market segment
· Years considered for the report
· Currency
· Key target audience
PART 2. METHODOLOGY
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
· Introduction
· Drivers
· Restraints
· Impact of COVID-19 pandemic
PART 5. MARKET BREAKDOWN BY TYPE
· Assembly line vehicles
· Forklift vehicles
· Pallet trucks
· Tow vehicles
· Unit load carriers
· Others
PART 6. MARKET BREAKDOWN BY NAVIGATION TECHNOLOGY
· Inductive guidance
· Laser guidance
· Magnetic guidance
· Optical tape guidance
· Vision guidance
· Others
PART 7. MARKET BREAKDOWN BY BATTERY
· Lead battery
· Lithium-ion battery
· Nickel-based battery
PART 8. MARKET BREAKDOWN BY APPLICATION
· Manufacturing
· Warehouse and distribution
PART 9. MARKET BREAKDOWN BY END USER
· Automotive
· Aerospace
· E-commerce
· Electrical and electronics
· Food and beverages
· Healthcare
· Industrial
· Others
PART 10. MARKET BREAKDOWN BY REGION
· Asia Pacific
· Europe
· North America
· Rest of the World (RoW)
PART 11. KEY COMPANIES
· Amerden Inc.
· Balyo SA
· Daifuku Co., Ltd.
· E&K Automation GmbH
· Hyster-Yale Materials Handling, Inc.
· JBT Corporation
· Jungheinrich AG
· Kion Group AG
· KUKA AG
· Murata Machinery, Ltd.
· Oceaneering International, Inc.
· Scott Systems International, Inc.
· Seegrid Corporation
· SSI SCHAFER - Fritz Schafer GmbH
· System Logistics S.p.A.
· Toyota Industries Corporation
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES
DISCLAIMER
Executive Summary
Azoth Analytics has released a research report titled "Global Automotive Polymer Composites Market (2024 Edition)" which provides a complete analysis of the Global Automotive Polymer Composites industry in terms of market segmentation By Resin Type (Polyester, Polyprop...
The Modular Unmanned Underwater Vehicle Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape,...
The Medium Unmanned Underwater Vehicle Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Flexible Automated Manufacturing Technology Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive la...
The Vehicle To Home (V2H) Bidirectional Charging System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, compet...
The Mining Vehicle Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ma...
The Vehicle Dispatch Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Vehicle Dispatch Management Software Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape...
The Mining Vehicle Dispatching Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive l...
The Heavy Vehicle Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...