Automated guided vehicles (AGVs) are defined as portable robots or load carriers that travel along the floor without onboard driver or operator with the help of navigation technology such as laser and vision guided technologies. These vehicles are used to decrease damage to goods, increase work efficiency, and automate operations to achieve high productivity. In addition, AGVs are an integral part of modern logistics as they are adopted to autonomously handle and transport goods without any onboard operator. Further, these types of vehicles can be easily integrated into warehouses and requires less integration effort.
The market is anticipated to witness significant growth over the years, owing to incorporation of industry 4.0 and rise in demand for automated guided vehicles in various industries.
The automated guided vehicle market is segmented on the basis of type, navigation technology, application, industry, mode of operation, and region. By type, the market is classified into tow-vehicles, unit load carriers, pallet trucks, assembly line vehicles, and forklift trucks. By navigation technology, market is divided into laser guidance, magnetic guidance, inductive guidance, optical tape guidance, vision guidance, and others. By application, it is categorized into transportation, distribution, storage, assembly, packaging, and waste handling. By industry, it is analyzed across automotive, manufacturing, food & beverages, aerospace, healthcare, logistics, retail, and others. On the basis of mode of operation, it is classified into indoor and outdoor. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the automated guided vehicle market include BALYO, Daifuku Co., Ltd., E&K Automation GmbH, inVia Robotics, Inc., JBT, KUKA AG, Oceaneering International, Inc., Seegrid Corporation, SSI Schaefer, Toyota Material Handling, and others.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global automated guided vehicle market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the market.
Porters five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Type
o Tow vehicles
o Unit load carriers
o Pallet trucks
o Assembly line vehicles
o Forklift Trucks
By Navigation technology
o Laser guidance
o Magnetic guidance
o Inductive guidance
o Optical tape guidance
o Vision guidance
o Others
By Application
o Transportation
o Distribution
o Storage
o Assembly
o Packaging
o Waste handling
By Industry
o Automotive
o Manufacturing
o Food & beverages
o Aerospace
o Healthcare
o Logistics
o Retail
o others
By Mode of operation
o Indoor
o Outdoor
By Region
o North America
U.S.
Canada
Mexico
o Europe
UK
Germany
France
Italy
Rest of Europe
o Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
KEY MARKET PLAYERS
o BALYO
o Daifuku Co., Ltd.
o E&K Automation GmbH
o inVia Robotics, Inc.
o JBT
o KUKA AG
o Oceaneering International, Inc.
o Seegrid Corporation
o SSI schaefer
o Toyota Material Handling
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.1.Key market segments
1.2.Research methodology
1.2.1.Primary research
1.2.2.Secondary research
1.2.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies
3.3.Porters five forces analysis
3.4.Market share analysis,2019(%)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Surging demand for automation and automated guided vehicles (AGVs) in various industries.
3.5.1.2.Reduction of labor cost in organizations
3.5.1.3.Increase in safety, accuracy and productivity
3.5.2.Restraint
3.5.2.1.Lack of flexibility of automated guided vehicles.
3.5.2.2.High initial investment cost
3.5.3.Opportunities
3.5.3.1.Incorporation of industry 4.0.
CHAPTER 4:AUTOMATED GUIDED VEHICLE MARKET, BY TYPE
4.1.Overview
4.2.Tow-vehicles
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country
4.3.Unit load carriers
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country
4.4.Pallet trucks
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country
4.5.Assembly line vehicles
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country
4.6.Forklift Trucks
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis by country
CHAPTER 5:AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY
5.1.Overview
5.2.Laser guidance
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country
5.3.Magnetic guidance
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country
5.4.Inductive guidance
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country
5.5.Optical tape guidance
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country
5.6.Vision guidance
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis by country
5.7.Others
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis by country
CHAPTER 6:AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION
6.1.Overview
6.2.Transportation
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country
6.3.Distribution
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country
6.4.Storage
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis by country
6.5.Assembly
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis by country
6.6.Packaging
6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis by country
6.7.Waste handling
6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis by country
CHAPTER 7:AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY
7.1.Overview
7.2.Automotive
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis by country
7.3.Manufacturing
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country
7.4.Food & beverages
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis by country
7.5.Aerospace
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis by country
7.6.Healthcare
7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis by country
7.7.Logistics
7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis by country
7.8.Retail
7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast, by region
7.8.3.Market analysis by country
7.9.Others
7.9.1.Key market trends, growth factors, and opportunities
7.9.2.Market size and forecast, by region
7.9.3.Market analysis by country
CHAPTER 8:AUTOMATED GUIDED VEHICLE MARKET, BY MODE OF OPERATION
8.1.Overview
8.2.Indoor
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by region
8.2.3.Market analysis by country
8.3.Outdoor
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by region
8.3.3.Market analysis by country
CHAPTER 9:AUTOMATED GUIDED VEHICLE MARKET, BY REGION
9.1.Overview
9.2.North America
9.2.1.Key market trends, growth factors, and opportunities
9.2.2.Market size and forecast, by type
9.2.3.Market size and forecast, by navigation technology
9.2.4.Market size and forecast, by application
9.2.5.Market size and forecast, by industry
9.2.6.Market size and forecast, by mode of operation
9.2.7.Market analysis by country
9.2.7.1.U.S.
9.2.8.Market size and forecast, by type
9.2.9.Market size and forecast, by navigation technology
9.2.10.Market size and forecast, by application
9.2.11.Market size and forecast, by industry
9.2.12.Market size and forecast, by mode of operation
9.2.12.1.Canada
9.2.13.Market size and forecast, by type
9.2.14.Market size and forecast, by navigation technology
9.2.15.Market size and forecast, by application
9.2.16.Market size and forecast, by industry
9.2.17.Market size and forecast, by mode of operation
9.2.17.1.Mexico
9.2.18.Market size and forecast, by type
9.2.19.Market size and forecast, by navigation technology
9.2.20.Market size and forecast, by application
9.2.21.Market size and forecast, by industry
9.2.22.Market size and forecast, by mode of operation
9.3.Europe
9.3.1.Key market trends, growth factors, and opportunities
9.3.2.Market size and forecast, by type
9.3.3.Market size and forecast, by navigation technology
9.3.4.Market size and forecast, by application
9.3.5.Market size and forecast, by industry
9.3.6.Market size and forecast, by mode of operation
9.3.7.Market analysis by country
9.3.7.1.UK
9.3.8.Market size and forecast, by type
9.3.9.Market size and forecast, by navigation technology
9.3.10.Market size and forecast, by application
9.3.11.Market size and forecast, by industry
9.3.12.Market size and forecast, by mode of operation
9.3.12.1.Germany
9.3.13.Market size and forecast, by type
9.3.14.Market size and forecast, by navigation technology
9.3.15.Market size and forecast, by application
9.3.16.Market size and forecast, by industry
9.3.17.Market size and forecast, by mode of operation
9.3.17.1.France
9.3.18.Market size and forecast, by type
9.3.19.Market size and forecast, by navigation technology
9.3.20.Market size and forecast, by application
9.3.21.Market size and forecast, by industry
9.3.22.Market size and forecast, by mode of operation
9.3.22.1.Italy
9.3.23.Market size and forecast, by type
9.3.24.Market size and forecast, by navigation technology
9.3.25.Market size and forecast, by application
9.3.26.Market size and forecast, by industry
9.3.27.Market size and forecast, by mode of operation
9.3.27.1.Rest of Europe
9.3.28.Market size and forecast, by type
9.3.29.Market size and forecast, by navigation technology
9.3.30.Market size and forecast, by application
9.3.31.Market size and forecast, by industry
9.3.32.Market size and forecast, by mode of operation
9.4.Asia-Pacific
9.4.1.Key market trends, growth factors, and opportunities
9.4.2.Market size and forecast, by type
9.4.3.Market size and forecast, by navigation technology
9.4.4.Market size and forecast, by application
9.4.5.Market size and forecast, by industry
9.4.6.Market size and forecast, by mode of operation
9.4.7.Market analysis by country
9.4.7.1.China
9.4.8.Market size and forecast, by type
9.4.9.Market size and forecast, by navigation technology
9.4.10.Market size and forecast, by application
9.4.11.Market size and forecast, by industry
9.4.12.Market size and forecast, by mode of operation
9.4.12.1.Japan
9.4.13.Market size and forecast, by type
9.4.14.Market size and forecast, by navigation technology
9.4.15.Market size and forecast, by application
9.4.16.Market size and forecast, by industry
9.4.17.Market size and forecast, by mode of operation
9.4.17.1.India
9.4.18.Market size and forecast, by type
9.4.19.Market size and forecast, by navigation technology
9.4.20.Market size and forecast, by application
9.4.21.Market size and forecast, by industry
9.4.22.Market size and forecast, by mode of operation
9.4.22.1.South Korea
9.4.23.Market size and forecast, by type
9.4.24.Market size and forecast, by navigation technology
9.4.25.Market size and forecast, by application
9.4.26.Market size and forecast, by industry
9.4.27.Market size and forecast, by mode of operation
9.4.27.1.Rest of Asia-Pacific
9.4.28.Market size and forecast, by type
9.4.29.Market size and forecast, by navigation technology
9.4.30.Market size and forecast, by application
9.4.31.Market size and forecast, by industry
9.4.32.Market size and forecast, by mode of operation
9.5.LAMEA
9.5.1.Key market trends, growth factors, and opportunities
9.5.2.Market size and forecast, by type
9.5.3.Market size and forecast, by navigation technology
9.5.4.Market size and forecast, by application
9.5.5.Market size and forecast, by industry
9.5.6.Market size and forecast, by mode of operation
9.5.7.Market analysis by country
9.5.7.1.Latin America
9.5.8.Market size and forecast, by type
9.5.9.Market size and forecast, by navigation technology
9.5.10.Market size and forecast, by application
9.5.11.Market size and forecast, by industry
9.5.12.Market size and forecast, by mode of operation
9.5.12.1.Middle East
9.5.13.Market size and forecast, by type
9.5.14.Market size and forecast, by navigation technology
9.5.15.Market size and forecast, by application
9.5.16.Market size and forecast, by industry
9.5.17.Market size and forecast, by mode of operation
9.5.17.1.Africa
9.5.18.Market size and forecast, by type
9.5.19.Market size and forecast, by navigation technology
9.5.20.Market size and forecast, by application
9.5.21.Market size and forecast, by industry
9.5.22.Market size and forecast, by mode of operation
CHAPTER 10:COMPANY PROFILES
10.1.BALYO
10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Product portfolio
10.1.4.Business performance
10.1.5.Key strategic moves and developments
10.2.Daifuku Co., Ltd.
10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Operating business segments
10.2.4.Product portfolio
10.2.5.Business performance
10.3.E&K Automation GmbH
10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Product portfolio
10.3.4.Key strategic moves and developments
10.4.inVia Robotics, Inc
10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio
10.4.4.Key strategic moves and developments
10.5.JBT
10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Operating business segments
10.5.4.Product portfolio
10.5.5.Business performance
10.5.6.Key strategic moves and developments
10.6.KUKA AG
10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.Business performance
10.6.6.Key strategic moves and developments
10.7.Oceaneering International, Inc
10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Operating business segments
10.7.4.Product portfolio
10.7.5.Business performance
10.7.6.Key strategic moves and developments
10.8.Seegrid Corporation
10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio
10.8.4.Key strategic moves and developments
10.9.SSI schaefer
10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Product portfolio
10.9.4.Key strategic moves and developments
10.10.Toyota Material Handling
10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Operating business segments
10.10.4.Product portfolio
10.10.5.Business performance