Automated Guided Vehicle Market Worth $11420 Million by 2027 | Valuates Reports

The global Automated Guided Vehicle market size is projected to reach US$ 11420 million by 2027, from US$ 3234 million in 2020, at a CAGR of 19.9% during 2021-2027. Major factors responsible for the growth of Automated Guided Vehicle market size are rising demand for automation in material handling across sectors, changing demand from mass manufacturing to mass customization, increasing e-commerce penetration, and improved occupational safety standards.

Automated Guided Vehicle (AGV) is an unmanned, computer-controlled mobile transport unit used for material handling and transportation in a wide range of industries. Also known as a self-guided vehicle or self-propelled vehicle, an AGV is a vehicle that is powered by a battery or an electric motor and is able to perform tasks without human supervision or operation.

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Global Automated Guided Vehicle (AGV) Market: Key Players: Dematic, Daifuku, Siasun, Meidensha, Toyota, Swisslog, CSG, Yonegy, Rocla, JBT, DS Automotion, Aichikikai, CSIC, Ek Automation, MIR, Aethon, Atab and etc. The top five are Dematic, Daifuku, Siasun, Meidensha and Toyota, with about 25% market shares.

The global Automated Guided Vehicle market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automated Guided Vehicle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

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The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2016 to 2021. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

By the product type, the market is primarily split into

o Tugger Type
o Pallet Truck
o Unit Load Carrier
o Others

By the end users/application, this report covers the following segments

o Manufacturing Sector
o Wholesale and Distribution Sector

The Automated Guided Vehicle key manufacturers in this market include:

o Dematic
o Daifuku
o Siasun
o Meidensha
o Toyota
o Swisslog
o CSG
o Yonegy
o Rocla
o JBT
o DS Automotion
o Aichikikai
o CSIC
o Ek Automation
o MIR
o Aethon
o Atab
o Seegrid
o AGVE Group

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This release was published on openPR.