Market Definition / Research Scope
For the purpose of this market researchreport, Automated Guided Vehicle is defined as a non-human operated load carrier across the floor of a facility. It makes use of sensors and software as a guidance for its movements. It is sensitive to detect bumps and obstacles and moves along a fixed path, so is a safer and secure way to move loads across the facility. It also tracks the load on it and thus avoids loss or misplacement of products. It can assist in line balancing and its system’s costs are predictable. The collision avoidance also allows efficient functionality and prevents damage.
Automated Guided Vehicle Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Automated Guided Vehicle Market Growth and Trends
Automated Guided Vehicle Market Regional Analysis
Increasing demand for automation in material handling and utilization of industrial & domestic space coupled with rapid technological advancements are intercepted to drive the global automated guided vehicle market. Europe is expected to dominate the market radically owing to logistical companies collaborating and partnering with tech giants to transform the material handling industry.
The Asia Pacific region is expected to witness a leading lane in the market with increasing demand for material handling equipment by the incumbents of manufacturing players. Moreover, North America accounts for witnessing a puffed growth in the market owing to automation in different sectors and a surge in the e-Commerce industry.
The Middle Eastern and African region will show a segmented growth too attributed to the increase in adoption of using tow vehicles or tuggers that utilize the most productive type of AGV.
Automated Guided Vehicle Market Share and Competition
Key companies operating in this industry are: Dematic, Daifuku, Siasun, Meidensha, Toyota, Swisslog, CSG, Yonegy, Rocla, JBT, DS Automotion, Aichikikai, CSIC, Ek Automation, MIR, Aethon, Atab, Seegrid and AGVE Group.
Automated Guided Vehicle Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2031)
• Tugger Type
• Pallet Truck
• Unit Load Carrier
• Others
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Manufacturing Sector
• Wholesale and Distribution Sector
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Automated Guided Vehicle Market Companies
• Dematic
• Daifuku
• Siasun
• Meidensha
• Toyota
• Swisslog
• CSG
• Yonegy
• Rocla
• JBT
• DS Automotion
• Aichikikai
• CSIC
• Ek Automation
• MIR
• Aethon
• Atab
• Seegrid
• AGVE Group
Available Versions:-
United States Automated Guided Vehicle Market Research Report
Europe Automated Guided Vehicle Market Research Report
Asia Pacific Automated Guided Vehicle Market Research Report
India Automated Guided Vehicle Market Research Report
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