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Automated Guided Vehicle (AGV) Market Size to Cross over $60 Billion by 2025 – Arizton

The global automated guided vehicle market is expected to grow at a CAGR of over 46% during the period 2020–2025.

The demand for automatic guided vehicles (AGV), which enhance the logistics movement with minimal manual intervention, in automation, retail, and food & beverage (F&B) application segments is driving the market. Advanced technologies such as automatic truck-unloading and improved safety systems, coupled with high productivity, are the other major factors responsible for automated guided vehicles demand.

The following factors are likely to contribute to the growth of the automated guided vehicle market during the forecast period:
• Rising automation in material handling
• Increasing demand for higher productivity and flexibility in the production process
• Increasing demand for AI in factories
• SMEs to dominate adoption of automated guided vehicles

The study considers the present scenario of the automated guided vehicle market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

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Automated Guided Vehicle (AGV) Market – Vendor Profiles

Key Vendors
• Daifuku
• JBT Corporation
• Kion Group
• Toyota Industries

Other Vendors
• AGVE Group
• Amerden
• America in Motion
• AMS ASTI Mobile Robotics Group
• Atab
• Axter Automation
• BA Systèmes
• Comau, DimaSimma
• DS Automation
• Echkart
• EK Automation
• Esatroll
• Eurogroep
• Fetch Robotics
• Fori Automation
• Grenzebach Group
• GreyOrange
• Hi-Tech Robotic Systemz
• Hyster-Yale Group
• Inser Robótica
• iROB
• Jungheinrich
• Kivnon Logistica
• Kollmorgen
• Kuka
• Mad Automation
• Mecalux
• MLR System
• Mitsubishi Forklift Trucks
• Murata Machinery
• Oceaneering
• Optimus Robotics
• Bastian Solutions
• Robotic Automation
• Robotnik Automation
• Savant Automation
• Scaglia INDEVA
• Scallog
• Seegrid
• Simplex Products
• Solving
• Synersight
• Technoferrari
• Teradyne
• Transolt Technologies
• WEWO Techmotion
• Quirepace

Automated Guided Vehicle (AGV) Market – Segmentation

Market Segmentation by Product
• AGCs
• Tow Vehicles
• Unit Load Vehicles
• Pallet Trucks
• Other AGVs
Market Segmentation by Application
• Automobile
• Retail
• Food & Beverage
• Healthcare
• Aerospace
• Others
Market Segmentation by Navigation
• Natural Guidance
• Laser Guidance
• Inductive Guidance
• Magnetic Guidance
• Vision Guidance
• Others
Market Segmentation by Geography
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Nordic
o China
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
o South Africa
o Saudi Arabia

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Automated Guided Vehicle (AGV) Market – Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Product
4.4.2 Market Segmentation by Navigation Type
4.4.3 Market Segmentation by End-user Type
4.4.4 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Introduction to AGVs
7.1.2 Types of AGVs
7.1.3 Working of AGVs
7.1.4 AGVs in Logistics
7.1.5 Benefits of AGVs
7.1.6 Vision for the automation industry

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Automation in Material Handling
8.1.2 Implementation of High Safety Standards at Workplaces
8.1.3 Demand for Higher Productivity & Flexibility in Production
8.2 Market Growth Restraints
8.2.1 Growing Popularity of Self-driving Vehicles (SDVs)
8.2.2 Low Labor Costs in Emerging Countries
8.3 Market Opportunities & Trends
8.3.1 Increasing Demand for Artificial Intelligence (AI) in Factories
8.3.2 Industry 4.0 Promoting Industrial Automation
8.3.3 SMEs to Dominate Adoption of AGVs

9 Market Landscape
9.1 Market Overview
9.2 Market Size & Forecast
9.2.1 Unit and Revenue
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 Value Chain Analysis
10.1 Overview
10.2 Value Chain Analysis
10.2.1 Raw Materials and Component Suppliers
10.2.2 Manufacturers
10.2.3 Dealers/Distributors/Retailers
10.2.4 End-users

11 Automated Guided Vehicle Market by Product
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Tow Vehicles
11.3.1 Market Size & Forecast (Revenue & Unit)
11.3.2 Market by Geography (Revenue & Unit Shipments)
11.4 Unit Load Vehicles
11.4.1 Market Size & Forecast (Revenue & Unit)
11.4.2 Market by Geography (Revenue & Unit Shipments)
11.5 Forklift Trucks
11.5.1 Market Size & Forecast (Revenue & Unit)
11.5.2 Market by Geography (Revenue & Unit Shipments)
11.6 Pallet Trucks
11.6.1 Market Size & Forecast
11.6.2 Market by Geography (Revenue & Unit Shipments)
11.7 AGCs
11.7.1 Market Size & Forecast
11.7.2 Market by Geography (Revenue & Unit Shipments)
11.8 Other AGVs
11.8.1 Market Size & Forecast (Revenue & Unit)
11.8.2 Market by Geography (Revenue & Unit Shipments)

12 Automated Guided Vehicle Market by Navigation
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Laser guidance
12.3.1 Market Size & Forecast (Revenue & Unit)
12.3.2 Market by Geography (Revenue & Unit Shipments)
12.4 Natural Guidance
12.4.1 Market Size & Forecast (Revenue & Unit)
12.4.2 Market by Geography (Revenue & Unit Shipments)
12.5 Inductive Guidance
12.5.1 Market Size & Forecast (Revenue & Unit)
12.5.2 Market by Geography (Revenue & Unit Shipments)
12.6 Magnetic Guidance
12.6.1 Market Size & Forecast (Revenue & Unit)
12.6.2 Market by Geography (Revenue & Unit Shipments)
12.7 Vision Guidance
12.7.1 Market Size & Forecast (Revenue & Unit)
12.7.2 Market by Geography (Revenue & Unit Shipments)
12.8 Other AGVS
12.8.1 Market Size & Forecast (Revenue & Unit)
12.8.2 Market by Geography (Revenue & Unit Shipments)

13 Automated Guided Vehicle Market by End-User
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Automotive
13.3.1 Market Size & Forecast (Revenue & Unit)
13.3.2 Market by Geography (Revenue & Unit Shipments)
13.4 Retail
13.4.1 Market Size & Forecast (Revenue & Unit)
13.4.2 Market by Geography (Revenue & Unit Shipments)
13.5 Food & Beverage
13.5.1 Market Size & Forecast (Revenue & Unit)
13.5.2 Market by Geography (Revenue & Unit Shipments)
13.6 Healthcare
13.6.1 Market Size & Forecast (Revenue & Unit)
13.6.2 Market by Geography (Revenue & Unit Shipments)
13.7 Aerospace
13.7.1 Market Size & Forecast (Revenue & Unit)
13.7.2 Market by Geography (Revenue & Unit Shipments)
13.8 Others
13.8.1 Market Size & Forecast (Revenue & Unit)
13.8.2 Market by Geography (Revenue & Unit Shipments)

14 Automated Guided Vehicle Market by Geography
14.1 Market Snapshot & Growth Engine
14.2 Market Overview

15 North America
15.1 Market Overview
15.2 Market Size & Forecast
15.2.1 Revenue and Unit Shipment
15.3 Market by Product
15.3.1 Market Size (Revenue)
15.3.2 Market Size (Unit Shipment)
15.4 Market by navigation
15.4.1 Market Size (Revenue)
15.4.2 Market Size (Unit Shipment)
15.5 Market by End-User
15.5.1 Market Size (Revenue)
15.5.2 Market Size (Unit Shipment)
15.6 Key Countries
15.6.1 Market Snapshot & Growth Engine
15.6.2 US: Automated Guided Vehicle Market Size & Forecast
15.6.3 Canada: Market Size & Forecast

16 Europe
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 Revenue and Unit Shipment
16.3 Market By PRODUCT
16.3.1 Market Size (Revenue)
16.3.2 Market Size (Unit Shipment)
16.4 Market by navigation
16.4.1 Market Size (Revenue)
16.4.2 Market Size (Unit Shipment)
16.5 Market by END-USER
16.5.1 Market Size (Revenue)
16.5.2 Market Size (Unit Shipment)
16.6 Key Countries
16.6.1 Market Snapshot & Growth Engine
16.6.2 UK: Automated Guided Vehicle Market Size & Forecast
16.6.3 Germany: Market Size & Forecast
16.6.4 France: Automated Guided Vehicle Market Size & Forecast
16.6.5 Spain: Market Size & Forecast
16.6.6 Italy: Automated Guided Vehicle Market Size & Forecast
16.6.7 Nordic Countries: Market Size & Forecast

17.1 Market Overview
17.2 Market Size & Forecast
17.2.1 Revenue and Unit
17.3 Market By Product
17.3.1 Market Size (Revenue)
17.3.2 Market Size (Unit Shipment)
17.4 Market By navigation
17.4.1 Market Size (Revenue)
17.4.2 Market Size (Unit Shipment)
17.5 Market By End-User
17.5.1 Market Size (Revenue)
17.5.2 Market Size (Unit Shipment)
17.6 Key Countries
17.6.1 Market Snapshot & Growth Engine
17.6.2 China: Automated Guided Vehicle Market Size & Forecast
17.6.3 Japan: Market Size & Forecast
17.6.4 Australia: Automated Guided Vehicle Market Size & Forecast
17.6.5 South Korea: Market Size & Forecast

18 Latin America
18.1 Market Overview
18.2 Market Size & Forecast
18.2.1 Revenue and Unit Shipment
18.3 Market by Product
18.3.1 Market Size (Revenue)
18.3.2 Market Size (Unit Shipment)
18.4 Market By navigation
18.4.1 Market Size (Revenue)
18.4.2 Market Size (Unit Shipment)
18.5 Market by End-User
18.5.1 Market Size (Revenue)
18.5.2 Market Size (Unit Shipment)
18.6 Key Countries
18.6.1 Market Snapshot & Growth Engine
18.6.2 Brazil: Automated Guided Vehicle Market Size & Forecast
18.6.3 Mexico: Market Size & Forecast
18.6.4 Argentina: Automated Guided Vehicle Market Size & Forecast

19 Middle East & Africa
19.1 Market Overview
19.2 Market Size & Forecast
19.2.1 Revenue and Unit Shipment
19.3 Market By Product
19.3.1 Market Size (Revenue)
19.3.2 Market Size (Unit Shipment)
19.4 Market By navigation
19.4.1 Market Size (Revenue)
19.4.2 Market Size (Unit Shipment)
19.5 Market by END-USE
19.5.1 Market Size (Revenue)
19.5.2 Market Size (Unit Shipment)
19.6 Key Countries
19.6.1 Market Snapshot & Growth Engine
19.6.2 Saudi Arabia: Automated Guided Vehicle Market Size & Forecast
19.6.3 South Africa: Market Size & Forecast
19.6.4 UAE: Automated Guided Vehicle Market Size & Forecast

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Call: +1-312-235-2040/+1 302 469 0707

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