Press release
Automated Guided Vehicle Market Top Key Players - Daifuku (Japan), JBT (US), KION (Germany), KUKA (Germany), Toyota Industries (Japan), Hyster-Yale (US), SSI Schaefer (Germany), E&K Automation (Germany), Oceaneering (US)
The growth of the AGV market is driven by growing demand for automation in material handling across industries, shift in demand from mass production to mass customization, rising popularity of e-commerce owing to COVID-19, and improved safety standards at workplaces.
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AUTOMATED GUIDED VEHICLE MARKET TRENDS
Tow vehicles, also known as tuggers, pull non-powered carts carrying huge loads. This is the most productive type of AGV used for towing and tugging as it can move more load with multiple trailers than a single fork truck.
APAC is likely to be the fastest-growing region in the AGV market. China and Japan are the countries driving the growth of the AGV market in APAC. The rapid growth of automotive, e-commerce, food & beverages, and healthcare industries in emerging economies, such as China, India, and South Korea, has contributed to the growth of the AGV market in APAC.
AUTOMATED GUIDED VEHICLE MARKET SEGMENTATION
By Type
• Tow Vehicle
• Unit Load Carriers
• Forklifts
• Others
By Navigation
• Laser Guided
• Magnetic Tape Guided
• Vision Guidance
• Optical Tape
By End Use Operation
• Manufacturing
• Non- Manufacturing
By Geography
• US
• Europe
• Asia-Pacific
• Middle East and Latin America
COMPETITIVE LANDSCAPE
The market players in the automated guided vehicle market are focusing on expanding through strategic interventions, such as acquisitions, collaborations, expansion and launching advanced products in the automated guided vehicle market.
Factors such as the digital transformation and the advent of integrated Industry 4.0 with IoT, will provide considerable growth opportunities to automated guided vehicle industries.
COMPANIES PROFILED
Daifuku (Japan)
JBT (US)
KION (Germany)
KUKA (Germany)
Toyota Industries (Japan)
Hyster-Yale (US)
SSI Schaefer (Germany)
E&K Automation (Germany)
Oceaneering (US)
Murata Machinery (Japan)
KNAPP (Austria)
Seegrid (US)
AGV International (Netherlands)
Addverb Technologies (India)
America in Motion (US)
Meiden America (US)
Grenzebach (US)
Rocla (Finland)
Denbach Robot (China)
Uncease Automation (India)
ECA (France)
Scott Automation (New Zealand)
Redviking (US)
IKV Robot (China)
Echkart (US)
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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