Automated Guided Vehicle Market, By Types (Unit Load career, Tow Vehicle, Pallet Truck, and Forklift Truck), By Technology, By Application, By End Use and Geography (North America, Europe, Asia Pacific, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
Report Code: AV154
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 101
Format:
REPORT HIGHLIGHT
The Automated Guided Vehicle (AGV) market is estimated to represent a global market of USD 830.6 million by 2017 with growth rate of 8.2%.
Market Dynamics
Automated guided vehicles (AGV) are a driverless vehicle that can be used to move materials efficiently from one place to another. A significant advancement in technologies has contributed to increasing the attractiveness and demand of Automated Guided Vehicle among end users. Further, the market for AGV is driven by the rising demand for automated equipment coupled with the increasing implementation of mobile robots in developed regions. Furthermore, transportation and logistics companies are increasingly spending on AGV products to satisfy growing demand for their services and boosting the efficiency of their operations. U.S. Department of Commerce and Bureau of Labor Statistics stated that logistic and material handling is one of fastest growing industries in the U.S. Such factors will provide a strong platform for the market growth over the time period. However, high initial investment and high switching cost will hamper the market growth to some extent.
Types Takeaway
In terms of vehicle types, the market is divided as Unit Load career, Tow Vehicle, Pallet Truck, Forklift Truck, and others. Unit load automated guided vehicles (AGVs) are the most traditional type of automated guided vehicle. Unit loads’ are also referred to as a “top carrier” because the load rests over the majority of the vehicle. It is estimated that, in 2017, tow vehicles captured USD 280.5 million of the global market owing to the high demand of products among end-users
Technology Takeaway
By technology, the market is categorized as Vision Guided, Laser Guidance, Magnetic Guidance, and others. Application segment is divided into Assembly and Packaging, and Logistics. The end-user section is bifurcated into Food and Beverage, Automotive, Healthcare, and Retail industries.
Regional Takeaway
North America captured a significant share of the global market. However, Asia Pacific regions are anticipated to witness the highest adoption of automated guided vehicles during the forecast period. Large customer base coupled with strong growth in automobile sector support the development of this in APAC region. Japan and China are expected to witness the highest growth in the Asia Pacific region owing to the rising demand and production activities of automated guided vehicles.
Key Vendor Takeaway
Prominent vendors such as Daifuku, Kollmorgen, Toyota Industries, Dematic Corporation, and Hyster-Yale Group are profiled. Competition among key players in this market is high. Key players are engaged in strong research activities and strategic mergers and acquisitions to expand their market presence. Kollmorgen is one of the complete automation kits leaders and provides hardware solutions such as safety sensors, displays, vehicle controllers, manual control devices, encoders, and navigation sensors.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
- Historical Year – 2014 & 2015
- Base Year – 2015
- Estimated Year – 2016
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, And Suppliers
- Manufacturers
- Hospitals
- Government and Regional Agencies and Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPES
- Unit Load career
- Tow Vehicle
- Pallet Truck
- Forklift Truck
- Others
MARKET, BY TECHNOLOGY
- Vision Guided
- Laser Guidance
- Magnetic Guidance
- Others
MARKET, BY APPLICATION
- Assembly and Packaging
- Logistics
ARKET, BY END USE
- Food and Beverage
- Automotive
- Healthcare
- Retail industries
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. AUTOMATED GUIDED VEHICLE MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. AUTOMATED GUIDED VEHICLE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. AUTOMATED GUIDED VEHICLE INDUSTRY STUDY
4.1. Porter’s Analysis
4.2. Regulatory Framework Analysis
4.3. Market Attractiveness Analysis
4.4. Value Chain Analysis
5. AUTOMATED GUIDED VEHICLE MARKET LANDSCAPE
5.1. Market Share Analysis
6. AUTOMATED GUIDED VEHICLE MARKET – BY TYPES:
6.1. Overview
6.2. Unit Load career
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Tow Vehicle
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Pallet Truck
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Forklift Truck
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Others
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. AUTOMATED GUIDED VEHICLE MARKET – BY TECHNOLOGY:
7.1. Overview
7.2. Vision Guided
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Laser Guidance
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Magnetic Guidance
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Others
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. AUTOMATED GUIDED VEHICLE MARKET – BY APPLICATION:
8.1. Overview
8.2. Assembly and Packaging
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Logistics
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. AUTOMATED GUIDED VEHICLE MARKET – BY APPLICATION:
9.1. Overview
9.2. Food and Beverage
9.2.1. Overview
9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Automotive
9.3.1. Overview
9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Healthcare
9.4.1. Overview
9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Retail industries
9.5.1. Overview
9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. AUTOMATED GUIDED VEHICLE MARKET– BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. Overview
10.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.2.3. U.S.
10.2.3.1. Overview
10.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.2.4. Canada
10.2.4.1. Overview
10.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.3. Europe
10.3.1. Overview
10.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.3.3. France
10.3.3.1. Overview
10.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.3.4. Germany
10.3.4.1. Overview
10.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.3.5. Rest of Europe
10.3.5.1. Overview
10.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.4. Asia Pacific (APAC)
10.4.1. Overview
10.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.4.3. China
10.4.3.1. Overview
10.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.4.4. India
10.4.4.1. Overview
10.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.4.5. Rest of APAC
10.4.5.1. Overview
10.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.5. Rest of the World
10.5.1. Overview
10.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.5.3. Latin America
10.5.3.1. Overview
10.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10.5.4. Middle East and Africa
10.5.4.1. Overview
10.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
11. KEY VENDOR ANALYSIS
11.1. Daifuku
11.1.1. Company Overview
11.1.2. SWOT Analysis
11.1.3. Key Developments
11.2. Kollmorgen
11.2.1. Company Overview
11.2.2. SWOT Analysis
11.2.3. Key Developments
11.3. Toyota Industries
11.3.1. Company Overview
11.3.2. SWOT Analysis
11.3.3. Key Developments
11.4. Dematic Corporation
11.4.1. Company Overview
11.4.2. SWOT Analysis
11.4.3. Key Developments
11.5. Hyster-Yale Group
11.5.1. Company Overview
11.5.2. SWOT Analysis
11.5.3. Key Developments
*Client can request additional company profiling as per specific requirements
12. 360 DEGREE ANALYSTVIEW
13. APPENDIX
13.1. Research Methodology
13.2. Abbreviations
13.3. Disclaimer
13.4. Contact Us
List of Tables
Table 1 List of Acronyms
Table 2 Key Market Facts, 2014 – 2025
Table 3 Market Drivers: Impact Analysis
Table 4 Market Restraint: Impact Analysis
Table 5 Market Opportunity: Impact Analysis
Table 6 PEST Analysis
Table 7 Porter’s Five Forces Analysis
Table 8 Company Market Share Analysis
Table 9 Global AUTOMATED GUIDED VEHICLE Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
Table 10 AGV Market, by Types, 2014 – 2025 (USD Million)
Table 11 AGV Market, by Technology, 2014 – 2025 (USD Million)
Table 12 AGV Market, by Application, 2014 – 2025 (USD Million)
Table 13 AGV Market, by End Use, 2014 – 2025 (USD Million)
Table 14 AGV Market, by Geography, 2014 – 2025 (USD Million)
Table 15 North America AGV Market, 2014 – 2025 (USD Million)
Table 16 U.S. AGV Market, 2014 – 2025 (USD Million)
Table 17 Canada AGV Market, 2014 – 2025 (USD Million)
Table 18 Europe AGV Market, 2014 – 2025 (USD Million)
Table 19 France AGV Market, 2014 – 2025 (USD Million)
Table 20 Germany AGV Market, 2014 – 2025 (USD Million)
Table 21 Asia Pacific AGV Market, 2014 – 2025 (USD Million)
Table 22 China AGV Market, 2014 – 2025 (USD Million)
Table 23 India AGV Market, 2014 – 2025 (USD Million)
Table 24 Latin America AGV Market, 2014 – 2025 (USD Million)
Table 25 MEA AGV Market, 2014 – 2025 (USD Million)
List of Figures
Figure 1 Research Methodology
Figure 2 Research Process Flow Chart
Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
Figure 4 Regulatory Framework Analysis
Figure 5 Value Chain Analysis Analysis
Figure 6 AGV Market, by Types, 2014 – 2025 (USD Million)
Figure 7 AGV Market, by Technology, 2014 – 2025 (USD Million)
Figure 8 AGV Market, by Application, 2014 – 2025 (USD Million)
Figure 9 AGV Market, by End Use, 2014 – 2025 (USD Million)
Figure 10 AGV Market, by Geography, 2014 – 2025 (USD Million)
