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.
Automated guided vehicle, which are widely used for material handling in various industries such as automotive, manufacturing, food & beverage, aerospace, healthcare, logistics, retail, and others, have proved to be very useful in catering to the growing need for automation in industrial material handling.
Much of the fast growth in the industry grew out of the desire from companies to reduce operating costs and improve efficiency. During the past five years, industry operators rolled out new high technology products, such as automated pallet trucks that use laser target, gyroscopic, optical and magnetic navigation systems.
According to this study, over the next five years the Automated Guided Vehicle market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 1880 million by 2024, from US$ 1250 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automated Guided Vehicle business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automated Guided Vehicle market by product type, application, key manufacturers and key regions and countries.
This study considers the Automated Guided Vehicle value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Unit Load Type
Automated Forklift Type
Tugger Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Production & Manufacturing
Distribution & Logistics
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Daifuku
Atab
Meidensha
Rocla
Dematic
Egemin
Swisslog
Aichikikai
JBT
DS Automotion
AGVE Group
Seegrid
Aethon
EK AUTOMATION
Toyota
Hitachi
Siasun
CSTCKM
MTD
Yonegy
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automated Guided Vehicle consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automated Guided Vehicle market by identifying its various subsegments.
Focuses on the key global Automated Guided Vehicle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automated Guided Vehicle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automated Guided Vehicle submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Automated Guided Vehicle . Industry analysis & Market Report on Automated Guided Vehicle is a syndicated market report, published as Global Automated Guided Vehicle Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Automated Guided Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.