Automotive Industry AGV Market Top Players, Segmentation & Future Trends Analysis till 2030

Lead-acid batteries are gradually being replaced by lithium-ion batteries in the market for AGVs. Lithium-ion batteries cost more than lead-acid batteries because of their greater expenses. Lithium-ion batteries may be charged and discharged at high power levels. Additionally, it satisfies a variety of industry requirements for users, including outstanding temperature performance, high energy density, and long cycle times. Because of these benefits, lithium-ion batteries are expected to become more popular among AGV makers. For instance, Flux Power, a producer of rechargeable lithium energy solutions, claimed in July 2021 that lithium batteries used in AGVs would aid in maintaining high voltage levels. These batteries offer great performance, little maintenance, high efficiency, and quick charging.

One of the most recent advancements in automated guided vehicles is the expansion of their use in the automotive and logistics industries in an effort to increase production capacity. The automotive industry has increased its use of industrial AGVs and automation projects, which is likely to increase demand for automated guided vehicles.

Automated guided vehicles are equipped with a variety of navigational aids, including laser, magnetic, visual, and natural guidance, which enhances their global manoeuvrability. Their use improves human quality of life by streamlining work procedures and lessening the load of repetitive tasks. The market is expanding as a result of factors like an increase in wastage owing to product damage and delays brought on by accidents brought on by human mistake.

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Global Automotive Industry AGV Market: Major Players
JBT
Meidensha
CSG
Muratec
DS Automotion
KION Group
Daifuku
Ek Automation
Siasun
Atab
Toyota
Corecon
Aichikikai
Oceaneering International
Scott Group

Global Automotive Industry AGV Market: Types
Unit Load Type
Automated Forklift Type
Tugger Type
Others

Global Automotive Industry AGV Market: Applications
Warehouse
Production Line

Global Automotive Industry AGV Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Industry AGV market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions
• Who are the key companies/players in the automated guided vehicle market?
• Which battery type segment dominated the automated guided vehicle market?
• Which vehicle type segment led the automated guided vehicle market?
• Which navigation technology segment dominated the automated guided vehicle market?
• Which application segment accounted for the highest automated guided vehicle market share?
• Which end-use industry segment held the largest automated guided vehicle market share?
• Which component segment led the automated guided vehicle market?

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