Automated Guided Vehicle (AGV) Market, Size, Share, Outlook and Growth Opportunities 2020- 2026
- ID:OGAMSC1908111
- Published: August-2021
- Pages:130
- OGAnalysis
Global Automated Guided Vehicle (AGV) Market, Size, share, Outlook and Growth Opportunities to 2026: By Type (Unit Load Carriers, Tow Vehicles, Assembly Line Vehicles, Pallet Trucks, Forklift Trucks, and Others), By Navigation Technology (Magnetic Guidance, Laser Guidance, Inductive Guidance, Vision Guidance, Optical Tape Guidance, and Others), By Application (Storage, Transportation, Distribution, Assembly, Waste Handling, and Packaging), By End User Industry (Manufacturing, Food and Beverages, Automotive, Healthcare, Aerospace, Logistics, Retail, and Others) and By Region
Key Findings
- Automated Guided Vehicle (AGV) Market is estimated to grow at a CAGR of 16.27% over the forecast period 2020-2026.
- Among types, Unit Load Carriers lead the global Automated Guided Vehicle (AGV) Market.
- Based on navigation technology, laser guidance occupies the major share during the forecast period 2020- 2026.
- Globally, Asia Pacific region is the fastest-growing segment in overall Automated Guided Vehicle (AGV) Market contributing to rapid globalisation, emergence of ecommerce sector, and increased industrialisation.
Global Automated Guided Vehicle (AGV):
Global Automated Guided Vehicle (AGV) Market poised at a CAGR of 16.27% during the forecast period 2020 to 2026.
Rising demand for automation in material handling across various industries, emergence of ecommerce sector, increasing safety standards at workplace, and rising demand for customisation in mass production are driving the automated guided vehicle (AGV) market growth.
The factors such as rising adoption of industrial automation by small and medium scale enterprises (SME), rapid industrialisation, and integration of Industry 4.0 with robotics are attributing growth opportunities for automated guided vehicle (AGV) market size. High cost of procurement and maintenance, increased deployment of industrial robots, and availability of labour at low costs are challenging the automated guided vehicle (AGV) market.
The adoption rate of hybrid and customised AGVs are significantly high owing to customer’s preference to cater the various material handling processes across numerous industries are driving the demand. These AGVs are used for transporting materials throughout warehouses and production facilities. Among various end-user industries, retail sector accounted for major share on account of increasing globalisation, expansion of ecommerce sector, and improved efficiency are further boosting the global automated guided vehicle (AGV) market size.
By type, unit load carrier is the leading segment in automated guided vehicle (AGV) market owing to its applications in various end-user industries. They reduce the operational costs through increased productivity and reduced production cycle time. Based on navigation technology, laser guidance segment leads the overall market growth. The technological advancements in computer vision and software solutions in AGVs to analyses the surroundings by providing real-time data are boosting the demand by reducing the overall operational costs.
Asia Pacific region expected to grow at a faster rate due to rapid industrialisation in emerging nations such as China, Japan, India, and others. The rapid expansion of automotive, healthcare, and food and beverages sectors across these nations have contributed to growth of automated guided vehicle (AGV) market in Asia Pacific region. Government initiatives and concerns towards safety and security in production floors and manufacturing facilities are encouraging the use of AGVs.
Global Automated Guided Vehicle (AGV) Market Insights
Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Automated Guided Vehicle (AGV) market, detailed porter’s five forces analysis and competitive insights are included in the research report.
Global Automated Guided Vehicle (AGV) Market Share by Type
The report presents detailed annual outlook of each Type of the Automated Guided Vehicle (AGV) market to 2026. The report categorised into 6 Types including Unit Load Carriers, Tow Vehicles, Assembly Line Vehicles, Pallet Trucks, Forklift Trucks, and Others. Among these, unit load carriers dominate the overall automated guided vehicle (AGV) market.
Global Automated Guided Vehicle (AGV) Market Growth by Navigation Technology
The report presents in-depth insights into each Navigation Technology of the Automated Guided Vehicle (AGV) market to 2026. The report classified into 6 Navigation Technologies including Magnetic Guidance, Laser Guidance, Inductive Guidance, Vision Guidance, Optical Tape Guidance, and Others. Of these, laser guidance occupies the major share during the forecast period.
Global Automated Guided Vehicle (AGV) Market Analysis by Application
The report presents detailed annual outlook of each application of the Automated Guided Vehicle (AGV) Market to 2026. The report segmented into 6 applications including Storage, Transportation, Distribution, Assembly, Waste Handling, and Packaging.
Global Automated Guided Vehicle (AGV) Market Size by End User Industry
The report presents in-depth insights into each of the leading Automated Guided Vehicle (AGV) End User Industries along with annual forecasts to 2026. Various End User Industries that are studied in the report include Manufacturing, Food and Beverages, Automotive, Healthcare, Aerospace, Logistics, Retail, and Others.
Global Automated Guided Vehicle (AGV) Market Revenue by Region
The current Automated Guided Vehicle (AGV) market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. In addition, historic data from 2017 and annual forecasts to 2026 are also included in the research report. Asia pacific region is the fastest growing segment in global automated guided vehicle (AGV) market.
Global Automated Guided Vehicle (AGV) Market Analysis by Company
Top 10 leading companies in global Automated Guided Vehicle (AGV) market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Automated Guided Vehicle (AGV) products & services.
Global Automated Guided Vehicle (AGV) Market News and Recent Developments
Latest news and industry developments in terms of Automated Guided Vehicle (AGV) capacity expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.
Scope of the Global Automated Guided Vehicle (AGV) Market Report Includes
Long term perspective on the Global Automated Guided Vehicle (AGV) industry: 2019 (base year), 2020- 2026 (forecast period)
Global Automated Guided Vehicle (AGV) Market- Forecasts by Segments – Type, Navigation Technology, Application, and End User Industry by Region.
- The research work categorizes the global Automated Guided Vehicle (AGV) market based on Types into 6 categories including Unit Load Carriers, Tow Vehicles, Assembly Line Vehicles, Pallet Trucks, Forklift Trucks, and Others.
- The report categorised Navigation Technologies into 6 types including Magnetic Guidance, Laser Guidance, Inductive Guidance, Vision Guidance, Optical Tape Guidance, and Others.
- The research work classified the global Automated Guided Vehicle (AGV) market based on applications into 6 categories such as Storage, Transportation, Distribution, Assembly, Waste Handling, and Packaging.
- The report provides the market outlook by 8 End User Industries including Manufacturing, Food and Beverages, Automotive, Healthcare, Aerospace, Logistics, Retail, and Others.
- Global Automated Guided Vehicle (AGV) Market across 5 regions including Asia Pacific, North America, South and Central America, Europe, and Middle East and Africa are covered.
Global Automated Guided Vehicle (AGV) Market- Strategic Analysis Review
1. Key strategies opted by leading players
2. Short to Long Term Industry Trends
3. Porter’s Five Forces Analysis
4. Supply side and Demand Side Drivers and Challenges
Global Automated Guided Vehicle (AGV) Market- Growth Opportunities
1. Potential New Business Opportunities
2. Key Areas of Focus in forecast period
Global Automated Guided Vehicle (AGV) Market- Competitive Scenario
1. 10 companies are analysed in the report including Toyota Industries, Daifuku, Kion Group, JBT Corporation, KUKA, Oceaneering International, Hyster-Yale Materials Handling, E&K Automation, Seegrid Corporation, and Kollmorgen.
2. Company Peer-to-Peer Comparison
3. Company Profile and SWOT Analysis
4. Financial Analysis
Table of Contents:
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Automated Guided Vehicle (AGV) Market
2.1 Global Automated Guided Vehicle (AGV) Market Snapshot, 2019
2.2 Automated Guided Vehicle (AGV) Industry Overview
2.3 Research Perspective
3. Global Automated Guided Vehicle (AGV) Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Automated Guided Vehicle (AGV) Market
3.2 Leading Automated Guided Vehicle (AGV) Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Automated Guided Vehicle (AGV)
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities by Type
4.1 Automated Guided Vehicle (AGV) Software Market Outlook by Unit Load Carriers, 2020- 2026
4.2 Automated Guided Vehicle (AGV) Software Market Outlook by Tow Vehicles, 2020- 2026
4.3 Automated Guided Vehicle (AGV) Software Market Outlook by Assembly Line Vehicles, 2020- 2026
4.4 Automated Guided Vehicle (AGV) Software Market Outlook by Pallet Trucks, 2020- 2026
4.5 Automated Guided Vehicle (AGV) Software Market Outlook by Forklift Trucks, 2020- 2026
4.6 Automated Guided Vehicle (AGV) Software Market Outlook by Others, 2020- 2026
5. Global Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities by Navigation Technology
5.1 Automated Guided Vehicle (AGV) Market Outlook by Magnetic Guidance, 2020- 2026
5.2 Automated Guided Vehicle (AGV) Market Outlook by Laser Guidance, 2020- 2026
5.3 Automated Guided Vehicle (AGV) Market Outlook by Inductive Guidance, 2020- 2026
5.4 Automated Guided Vehicle (AGV) Market Outlook by Vision Guidance, 2020- 2026
5.5 Automated Guided Vehicle (AGV) Market Outlook by Optical Tape Guidance, 2020- 2026
5.6 Automated Guided Vehicle (AGV) Market Outlook by Other Technologies, 2020- 2026
6. Global Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities by Application
6.1 Automated Guided Vehicle (AGV) Market Outlook by Storage, 2020- 2026
6.2 Automated Guided Vehicle (AGV) Market Outlook by Transportation, 2020- 2026
6.3 Automated Guided Vehicle (AGV) Market Outlook by Distribution, 2020- 2026
6.4 Automated Guided Vehicle (AGV) Market Outlook by Assembly, 2020- 2026
6.5 Automated Guided Vehicle (AGV) Market Outlook by Waste Handling, 2020- 2026
6.6 Automated Guided Vehicle (AGV) Market Outlook by Packaging, 2020- 2026
7. Global Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities by End User Industry
7.1 Automated Guided Vehicle (AGV) Market Outlook by Manufacturing, 2020- 2026
7.2 Automated Guided Vehicle (AGV) Market Outlook by Food and Beverages, 2020- 2026
7.3 Automated Guided Vehicle (AGV) Market Outlook by Automotive, 2020- 2026
7.4 Automated Guided Vehicle (AGV) Market Outlook by Healthcare, 2020- 2026
7.5 Automated Guided Vehicle (AGV) Market Outlook by Aerospace, 2020- 2026
7.6 Automated Guided Vehicle (AGV) Market Outlook by Logistics, 2020- 2026
7.7 Automated Guided Vehicle (AGV) Market Outlook by Retail, 2020- 2026
7.8 Automated Guided Vehicle (AGV) Market Outlook by Other End User Industries, 2020- 2026
8. Asia Pacific Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 Asia Pacific Automated Guided Vehicle (AGV) Market Outlook by Type, 2020- 2026
8.3 Asia Pacific Automated Guided Vehicle (AGV) Market Outlook by Navigation Technology, 2020- 2026
8.4 Asia Pacific Automated Guided Vehicle (AGV) Market Outlook by Application, 2020- 2026
8.5 Asia Pacific Automated Guided Vehicle (AGV) Market Outlook by End User Industry, 2020- 2026
8.6 Asia Pacific Automated Guided Vehicle (AGV) Market Outlook by Country, 2020- 2026
9. Europe Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 Europe Automated Guided Vehicle (AGV) Market Outlook by Type, 2020- 2026
9.3 Europe Automated Guided Vehicle (AGV) Market Outlook by Navigation Technology, 2020- 2026
9.4 Europe Automated Guided Vehicle (AGV) Market Outlook by Application, 2020- 2026
9.5 Europe Automated Guided Vehicle (AGV) Market Outlook by End User Industry, 2020- 2026
9.6 Europe Automated Guided Vehicle (AGV) Market Outlook by Country, 2020- 2026
10. North America Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 North America Automated Guided Vehicle (AGV) Market Outlook by Type, 2020- 2026
10.3 North America Automated Guided Vehicle (AGV) Market Outlook by Navigation Technology, 2020- 2026
10.4 North America Automated Guided Vehicle (AGV) Market Outlook by Application, 2020- 2026
10.5 North America Automated Guided Vehicle (AGV) Market Outlook by End User Industry, 2020- 2026
10.6 North America Automated Guided Vehicle (AGV) Market Outlook by Country, 2020- 2026
11. South & Central America Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities
11.1 Key Findings, 2019
11.2 South & Central America Automated Guided Vehicle (AGV) Market Outlook by Type, 2020-2026
11.3 South & Central America Automated Guided Vehicle (AGV) Market Outlook by Navigation Technology, 2020-2026
11.4 South & Central America Automated Guided Vehicle (AGV) Market Outlook by Application, 2020-2026
11.5 South & Central America Automated Guided Vehicle (AGV) Market Outlook by End User Industry, 2020- 2026
11.6 South & Central America Automated Guided Vehicle (AGV) Market Outlook by Country, 2020- 2026
12. Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook and Growth Opportunities
12.1 Key Findings, 2019
12.2 Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook by Type, 2020- 2026
12.3 Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook by Navigation Technology, 2020- 2026
12.4 Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook by Application, 2020- 2026
12.5 Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook by End User Industry, 2020- 2026
12.6 Middle East & Africa Automated Guided Vehicle (AGV) Market Outlook by Country, 2020- 2026
13. Competitive Landscape
13.1 Leading Players (Company Profile, SWOT Analysis, Automated Guided Vehicle (AGV) Products, Financial Analysis)
13.1.1 Toyota Industries
13.1.2 Daifuku
13.1.3 Kion Group
13.1.4 JBT Corporation
13.1.5 KUKA
13.1.6 Oceaneering International
13.1.7 Hyster-Yale Materials Handling
13.1.8 E&K Automation
13.1.9 Seegrid Corporation
13.1.10 Kollmorgen
13.2 Company Benchmarking
13.3 Financial Analysis
14. Recent News and Deals Landscape
14.1 Mergers and Acquisitions
14.2 New Country Launches
14.3 Asset Transactions
14.4 Financial Announcements
15. Appendix
15.1 OG Analysis Expertise
15.2 Sources and Research Methodology
15.3 Contact Information
| Type | Delivery Format | Details |
|---|---|---|
| Hard Copy | A printed copy of the report will be shipped to you. | |
| CD-ROM | The report will be shipped to you in CD ROM format. | |
| SINGLE USER Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows one specific user access to the product. |
| SITE LICENSE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all users within a given geographical location of your organization access to the product. |
| ENTERPRISEWIDE Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows all employees within your organization in different geographic locations access to the product. |
| 1 - 5 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to five users have access to the product. |
| 1 – 10 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to ten users have access to the product. |
| 1 – 15 USERS Electronic (PDF) | The report will be delivered to your email address in PDF format. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Online Access (For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to five users have access to the product. |
| 1 - 10 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to ten users have access to the product. |
| 1 - 15 USERS Online Access(For Databases) | Database is accessed online through a secure website. You will receive a username and password via email to access to the online directory. | The license allows up to fifteen users have access to the product. |
| 1 - 5 USERS Electronic (Excel) | The Excel spreadsheet will be emailed to you. | The license allows up to five users have access to the product. |