Automated guided vehicles (AGVs) are widely used in material handling across various industries like automotive, manufacturing, Food & beverages, logistics, healthcare, and others. Increase in demand of material handling equipment to improve operational efficiency in industrial processes will drive the market growth.
Increase in adoption of AGVs due to its benefits such as reduced labor costs, increased productivity, reduced product damage and scale to support automation processes which is expected to boost the global automated guided vehicle (AGV) market growth. Furthermore, increase in collaboration and partnership activities in retail and logistics related companies will have the positive impact on market growth. For instance, in August 2019, Murata Machinery Ltd. collaborated with Alert Innovation. Under this collaboration Murata Machinery has adapted the latter company’s alphabet technology to transform the grocery by developing can commercializing the material handling technology. Moreover increase in demand for automation in material handling processes across industries will have the positive impact on market growth during this forecast period.
However, high installation, maintenance, and switching cost is the major challenging factor which is expected to hinder the global automated guided vehicle (AGV) market growth. Also, increase in use of mobile robots in retail and e-commerce industries will obstruct the market growth during this analysis period.
Global Automated Guided Vehicle (AGV) Market is segmented into type such as Unit Load Carrier, Two Vehicles, Pallet Trucks, Assembly Line Vehicles, and others, by industry vertical such as Retail, Logistics, Food & Beverages, Healthcare, Automotive, and others. Further, market is segmented into application such as Transportation, Distribution, Storage, Assembly, Packaging, and Others.
Also, Global Automated Guided Vehicle (AGV) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Toyota Industrial Equipment Manufacturing Inc., Bastian Solutions LLC, Daifuku CO. Ltd., Dematic GMBH & Co. KG, Egemin Automation Inc., EK Automation, Frog AGV Systems B.V., JBT Corporation, and Kollmorgen
By Industry Vertical Retail Logistics Food & Beverages Healthcare Automotive Others
By Application Transportation Distribution Storage Assembly Packaging Others
By Region North America Latin America Europe Asia Pacific Middle East & Africa
Key Questions Addressed by the Report What are the Key Opportunities in Global Automated Guided Vehicle (AGV) Market? What will be the growth rate from 2023 to 2030? Which segment/region will have highest growth? What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry? What is the role of key players in the value chain? What are the strategies adopted by key players?
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automated Guided Vehicle (AGV) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automated Guided Vehicle (AGV) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Automated Guided Vehicle (AGV) Market Share Analysis, By Type
5.3 Global Automated Guided Vehicle (AGV) Market Size and Forecast, By Type
5.3.1 Unit Load Carrier
5.3.2 Two Vehicles
5.3.3 Pallet Trucks
5.3.4 Assembly Line Vehicles
5.3.5 Others
6 Global Automated Guided Vehicle (AGV) Market , By Industry Vertical
6.1 Y-o-Y Growth Comparison, By Industry Vertical
6.2 Global Automated Guided Vehicle (AGV) Market Share Analysis, By Industry Vertical
6.3 Global Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
6.3.1 Retail
6.3.2Logistics
6.3.3 Food & Beverages
6.3.4 Healthcare
6.3.5 Automotive
6.3.6 Others
7 Global Automated Guided Vehicle (AGV) Market, Application
7.1 Y-o-Y Growth Comparison, Application
7.2 Global Automated Guided Vehicle (AGV) Market Share Analysis, Application
7.3 Global Automated Guided Vehicle (AGV) Market Size and Forecast, Application
7.3. 1 Transportation
7.3.2 Distribution
7.3.3 Storage
7.3.4 Assembly
7.3.5 Packaging
7.3.6 Others
8Global Automated Guided Vehicle (AGV) Market, By Region
8.1 Global Automated Guided Vehicle (AGV) Market Share Analysis, By Region
8.2 Global Automated Guided Vehicle (AGV) Market Share Analysis, By Region
8.3 Global Automated Guided Vehicle (AGV) Market Size and Forecast, By Region
9 North America Automated Guided Vehicle (AGV) Market Analysis and Forecast (2023 – 2030)
9.1 Introduction
9.2 North America Automated Guided Vehicle (AGV) Market Share Analysis, By Type
9.3 North America Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
9.4 North America Automated Guided Vehicle (AGV) Market Size and Forecast, Application
9.5 North America Automated Guided Vehicle (AGV) Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAutomated Guided Vehicle (AGV) Market Analysis and Forecast (2023 – 2030)
10.1 Introduction
10.2 Europe Automated Guided Vehicle (AGV) Market Share Analysis, By Type
10.3 Europe Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
10.4 Europe Automated Guided Vehicle (AGV) Market Size and Forecast, Application
10.5 Europe Automated Guided Vehicle (AGV) Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Automated Guided Vehicle (AGV) Market Analysis and Forecast (2023 – 2030)
11.1 Introduction
11.2 Asia Pacific Automated Guided Vehicle (AGV) Market Share Analysis, By Type
11.3 Asia Pacific Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
11.4 Asia Pacific Automated Guided Vehicle (AGV) Market Size and Forecast, Application
11.5 Asia Pacific Automated Guided Vehicle (AGV) Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Automated Guided Vehicle (AGV) Market Analysis and Forecast (2023 – 2030)
12.1 Introduction
12.2 Latin America Automated Guided Vehicle (AGV) Market Share Analysis, By Type
12.3 Latin America Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
12.4 Latin America Automated Guided Vehicle (AGV) Market Size and Forecast, Application
12.5 Latin America Automated Guided Vehicle (AGV) Market Size and Forecast, Country
13Middle East Automated Guided Vehicle (AGV) Market Analysis and Forecast (2023 – 2030)
13.1 Introduction
13.2 Middle East Automated Guided Vehicle (AGV) Market Share Analysis, By Type
13.3 Middle East Automated Guided Vehicle (AGV) Market Size and Forecast, By Industry Vertical
13.4 Middle East Automated Guided Vehicle (AGV) Market Size and Forecast, Application
13.5 Middle East Automated Guided Vehicle (AGV) Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Toyota Industrial Equipment Manufacturing Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Bastian Solutions LLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Daifuku CO. Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Dematic GMBH & Co. KG
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Egemin Automation Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 EK Automation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Frog AGV Systems B.V
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 JBT Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Kollmorgen
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
