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)

An Automated Guided Vehicle (AGV) is a portable robot that follows a specific route for which it is designed. Routes can be specified with marked long line floor wire propagation tape vision cameras or laser navigation. They are most often used in industrial applications where heavy materials are transported around large industrial buildings such as factories or warehouses.

The AGV is programmed to ensure security and safety, and is equipped with cameras, lasers and other sensors to ensure safe operation within an industry, factory or enterprise. Improved safety leads to reduced cost and operational downtime, which in turn increases the productivity of many operations.

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AUTOMATED GUIDED VEHICLE MARKET DYNAMICS

• With the rapid technological advances in robotics and automation, the production sector is witnessing an increasing adoption of the technology for production processes. Manufacturers consider factors such as load, direction, speed, accuracy, duty cycle, movement, and environment before choosing the most effective and profitable robot for a manufacturing plant.

• The growth of the global Automated Guided Vehicle market is primarily driven by the rise of the e-commerce industry and increasing adoption of warehouse automation for efficient and smooth operation. The use of driverless vehicles helps manufacturers achieve improved quality and reliability in their warehousing operations.

AUTOMATED GUIDED VEHICLE MARKET SEGMENTATION

BY TYPE
• Tow Vehicle
• Unit Load Carriers
• Forklift
• Others

BY NAVIGATION
• Laser Guided
• Magnetic Tape Guided
• Vision Guidance
• Optical Tape

BY END USE OPERATION
• Manufacturing
• Non- Manufacturing

BY GEOGRAPHY
• US
• Europe
• Asia-Pcific
• Middle East and Latin America

AUTOMATED GUIDED VEHICLE MARKET TRENDS

• A tow truck known as a tagger pulls a non-motorized cart with a huge load. This is the most productive type of AGV used for towing and towing, as it can move more loads on more trailers than a single fork truck.

• As retail businesses increasingly need to respond to the growing needs of their customers, businesses are focusing on operating in a more efficient way. A predictable decline in growth in the end-user industry could have a significant direct impact on the AGV market.

• The growth of the laser-guided AGV market is likely to be attributed to the flexibility, scalability, and accuracy of laser-guided technology. It also increases security, increases throughput, and minimizes downtime. Laser guidance is the most flexible system for vehicle movement and provides accurate navigation. This allows the vehicle to operate in the warehouse without barriers to entry.

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.

• In 2018, Nidec-Shimpo launched new versions of its automated guided vehicle, the S-Cart. The new model to be launched by Nidec-Shimpo is based on the company’s guideless navigation AGV “S-Cart” – the 100 kg payload version – that hit the market in 2016, and has been updated with a function that lets it track and follow a person or object.

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)

Read More Information: https://mobilityforesights.com/product/automated-guided-vehicle-market/

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