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Automated Guided Vehicle Market - Global Outlook and Forecast 2018-2023
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This market research report on the global automated guided vehicle market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by navigation (laser guidance, magnetic guidance, vision guidance, inductive guidance, natural guidance, and others), by vehicle (tow vehicles, unit load vehicles, pallet trucks, forklift trucks, and others), by end-users (automotive, retail, food & beverage, healthcare, and aerospace), and by geography (APAC, Europe, North America, Latin America, and MEA).
Key highlights of automated guided vehicle market:
- A surge in demand for tow AGVs, increasing demand for AGVs with laser navigation, and constant product development to drive the growth and sales of the global automated guided vehicle market.
- Replacing a human with AGV is more cost effective as it improves productivity and removes several costs, potential for errors, and increasing output.
- The use of AI in manufacturing supply chain, machine vision, tracks operations, performance, and improve overall productivity will positively impact the automated guided vehicle market during the forecast period.
- Industry 4.0 enables real time networking of industrial processes which will make production faster, more flexible, cheaper, and more efficient in automated guided vehicle market.
- Automated guided vehicles use flexible production automation to accommodate the huge inflow of varied components in the electronic industry.
Automated Guided Vehicle Market - Overview
The rise in modernization and globalization is leading to the adoption of the latest technology across sectors and augmenting the growth of the global automated guided vehicle market. The increasing demand for high-quality goods and services at affordable prices will drive the need for automation of processes across the industries in the global AGV market. The advent of industrial automation will help reduce inventory damages and improve material handling in production facilities, fueling the demand in the global AGV market. The vendors are launching vehicles that are computer controlled with guidance and collision avoidance systems to gain a larger global AGV market share. These vehicles maneuver around the factory floor using guidance technologies such as laser, magnetic, and wired among others. These AGV systems are instrumental in the manufacturing and logistics sector that enables flexibility in the manufacturing process without making any major structural changes in the design. Europe and North America are the largest end-users, however, with the increasing concentration of manufacturers and higher adoption of industrial robots, the automated guided vehicle market in APAC will gain traction during the forecast period. The installation of various navigation technologies such as laser guidance, magnetic guidance, vision guidance, and natural guidance will improve the maneuverability of these vehicles in the global automated guided vehicle market. The increase in wastage due to product damage and delays caused by accidents due to human error are the primary factors attributing to the growth of this market. The focus on automation in material handling and an increase in the adoption of industrial robots will contribute to the revenues in the global automated guided vehicle market.
The easy implementation, flexible route mapping, high accuracy, and easy scalability are some of the major factors contributing to the rising demand in the global AGV market. The ability to move more loads with multiple trailers, low maintenance costs, and increased safety are expected to boost sales of varied products in the market over the next few years. The global automated guided vehicle market is expected to reach revenues of approximately $5 billion by 2023, growing at a CAGR of around 18% during 2017-2023. The research report offers market size analysis in terms of unit shipment values during the forecast period.
Automated Guided Vehicle Market - Dynamics
The increasing flexibility in the production process is propelling the requirement for innovative and advanced systems, thereby, driving the growth of the global automated guided vehicle market. The launch of the new generation robot workforce which assists human labors to achieve new levels of productivity is gaining immense traction across industries. Manufacturers are leveraging these guided vehicles to respond quickly to a variety of product specifications and customization requests contributing to the AGV market revenues. With the advancements in sensor and battery technology, these systems are available at lower costs in the market. These systems assist production lines and release the manufacturer from dependency on conveyor belt throughput capacity and station processing rates, in situations where there are lots of small production stages with lots of variety. The manufacturers are designing vehicles that enable seamless quality control between production stations to gain a larger global automated guided vehicle market share.
Automated Guided Vehicle Market - Segmentation
This market research report includes a detailed segmentation of the global automated guided vehicle market by navigation, vehicle, end-users, and geography.
Automated Guided Vehicle Market (AGV Market) – By Navigation
Laser guidance offers flexible solutions for automating processes in the global automated guided vehicle market
The global automated guided vehicle market by navigation is classified into laser guidance, magnetic guidance, vision guidance, inductive guidance, natural guidance, and others. Laser guidance segment dominated around half of the total market share in 2017, growing at a CAGR of approximately 18% during the forecast period. These vehicles are guided by automated guided vehicle applications like fixed reflectors that are detected by a laser sensor mounted on the top of the vehicle. The increasing adoption of laser-guided vehicles that offer flexible solutions for automating the process in a warehouse or manufacturing facility is propelling the growth of this segment in the global AGV market. Laser technology helps systems to operate in a warehouse without any physical assistance efficiently. The growing demand for precise control and collision systems that helps improve safety in the workplace will create lucrative opportunities for top players in the global automated vehicle market. The increasing use of geoguidance, dead reckoning, and beacon guidance systems will boost the revenues in the global automated guided vehicle market. The growing demand for ultraviolet, cameras, and LiDAR across facilities will increase the adoption of magnetic, vision, inductive, natural, and inertial systems in the market.
Automated Guided Vehicle Market – By Vehicle
Tow vehicles to help in decreasing the operational costs in the global automated guided vehicle market during the forecast period
The vehicle segment in the global automated guided vehicle market is categorized into tow vehicles, unit load vehicles, pallet trucks, forklift trucks, and others. Tow vehicles occupied more than 1/3rd of the market share in 2017, growing at a CAGR of more than 18% during the forecast period. The high capacity of tow vehicles to lift heavy loads over long distances is one of the primary factors contributing to the growth of this segment. The extensive use of these vehicles to decrease operational costs and turn around time will boost the demand for global automated guided tow vehicles in the market. These vehicles are designed to operate in a wide variety of environments and are capable of handling loads ranging from 2,000 pounds to 160,000 pounds. The adoption of tow vehicles for bulk movement of products into and out of warehouse areas or manufacturing/assembly operation will have a positive impact on the global AGV market. Tow vehicles are used in industries such as automotive, aerospace, retail, and food and beverages which involves the movement of products over long distances sometimes between buildings, outdoors, or in very large distributed systems. Forklift trucks will help move towards 100% automation and propel development in the global automated guided vehicle market.
Automated Guided Vehicle Market – By End-User
Stringent emission and safety norms in the automotive industry to drive growth in the global automated guided vehicle market
The global automated guided vehicle market by end-users is segmented into automotive, retail, food & beverage, healthcare, and aerospace. Automotive industry contributes to the highest revenues in the market in 2017, growing at a CAGR of over $18% during the forecast period. The implementation of stringent emission and safety norms is resulting in higher investments in R&D and driving the growth of this segment in the global automated guided vehicle market. The use of this system in the automotive industry will enable manufacturers to offer high-quality products at competitive prices. The increase in the electrification of vehicles, in the form of powertrain, automotive infotainment, connected vehicles, and safety electronics, will drive the demand of AGVs. The focus on safety in production plants will lead to the use of robotic technologies in the automotive sector, transforming the global automated guided vehicle market during the forecast period. These vehicles perform functions such as material handling, transporting finished, and semi-finished parts from one end of the factory to the assembly line. The ability to handle palletized and unit loads of beer, soft drinks, cereals, candy, snack foods, in-process ingredients, packaging materials, etc., in manufacturing, cross-docking, warehousing, and trailer loading environments in the food and beverage industry will contribute to the revenues in the global automated guided vehicle market.
Automated Guided Vehicle Market – By Geography
Germany, France, and the UK are contributing to the revenues in the global automated guided vehicle market
The geographical segment in the global automated guided vehicle market is dividedinto APAC, Europe, North America, Latin America, and MEA. Europe dominated the largest market share in 2017, growing at a CAGR of approximately 16% during the forecast period. The exponential growth of the online retail and automotive industries propelling the growth of the European AGV market. Germany, France, and the UK are the largest revenue generators in the automated guided vehicle market in European region. The automation of material handling greatly reduces human efforts for operations like production, handling, storing and shipping of the materials, which in turn drives the demand in the global market. The use of these vehicles helps in increasing the productivity in warehousing and logistics due to its enhanced capabilities and efficiency. The vendors are launching innovative products to attract new consumers into the global automated guided vehicle market. North America is the second largest automated guided vehicle market globally. Industrial development in the APAC region will contribute to the revenues in the market.
Key Countries Profiled in the report are:
- UK
- Germany
- France
- US
- Canada
- China
- Japan
- India
- Brazil
Key Vendor Analysis
The global automated guided vehicle market is witnessing a diverse structure in competitive dynamics and intensity of competition across geographies. The players are offering competitive prices to sustain the intense competition in the global market. The exponential growth of the automotive and e-commerce sectors is creating lucrative opportunities for leading vendors in the global automated guided vehicle market. The leading manufacturers are focusing on expanding their businesses in the APAC, Latin American, and MEA region to gain a larger global automated guided vehicle market share during the forecast period. The increasing investments in R&D activities will help players gain a competitive advantage over other vendors in the global AGV market.
The major vendors in the global automated guided vehicle market are:
- KION Group
- Daifuku
- JBT Corporation
- Toyota Industries
Other prominent vendors in the global automated guided vehicle market include KUKA, Hyster-Yale Group, EK AUTOMATION, Seegrid Corporation, Kollmorgen, Quirepace, Fori Automation, AGVE, SSI SCHAEFER, Transbotics, Savant Systems, Jungheinrich, and Fetch Robotics.
Key market insights include
- The analysis of global automated guided vehicle market provides market size and growth rate for the forecast period 2018-2023.
- It offers comprehensive insights into current industry trends, trend forecast, and growth drivers for the global automated guided vehicle market.
- The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
- It offers a complete overview of market segments and the regional outlook of the global automated guided vehicle market.
- The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
Frequently Asked Questions
The global automated guided vehicle market size is expected to reach revenues of around $5 billion by 2023, growing at an impressive CAGR of approximately 18% 2017–2023.
The global automated guided vehicle market is driven by the use of different technologies such as laser guidance, magnetic guidance, vision guidance, and natural guidance. Dematic, Daifuku, JBT Corporation, Milvus Robotics, AGVE, KUKA Robotics, and Seegrid Corporation are the leading manufacturers in the global AGV market. The market research report provides in-depth market analysis and segmental analysis of the global automated guided vehicle market by navigation, vehicle, end-users, and geography.
Base Year: 2017
Forecast Year: 2018–2023
The report considers the present scenario of the global automated guided vehicle market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study includes both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.
Major Vendors in the global Automated Guided Vehicle Market
- KION Group
- Business Overview
- Major Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Daifuku
- JBT Corporation
- Toyota Industries
Prominent Players in the Global Automated Guided Vehicle Market
- KUKA
- Business Overview
- Product Offerings
- Hyster-Yale Group
- EK AUTOMATION
- Seegrid Corporation
- Kollmorgen
- Quirepace
- Fori Automation
- AGVE
- SSI SCHAEFER
- Transbotics
- Savant Systems
- Jungheinrich
- Fetch Robotics
Market Segmentation by Navigation
- Laser Guidance
- Magnetic Guidance
- Vision Guidance
- Inductive Guidance
- Natural Guidance
- Others
Market Segmentation by Vehicle
- Tow Vehicles
- Unit Load Vehicles
- Pallet Trucks
- Forklift Trucks
- Others
Market Segmentation by End-users
- Automotive
- Retail
- Food & Beverage
- Healthcare
- Aerospace
Market Segmentation by Geography
- Europe
- UK
- Germany
- France
- North America
- US
- Canada
- APAC
- China
- Japan
- India
- Latin America
- Brazil
- MEA
List of Exhibits
Exhibit 1 Segmentation of Global Automated Guided Vehicle Market
Exhibit 2 Market Size Calculation Approach 2017
Exhibit 3 Global Automated Guided Vehicle Market Overview
Exhibit 4 Incremental Growth 2017−2023 ($ million)
Exhibit 5 Global Sales of Industrial Robots (in thousands)
Exhibit 6 US Workplace Fatalities
Exhibit 7 Real GDP Growth (%)
Exhibit 8 Global Automated Guided Vehicle Market by Region 2017 (in million)
Exhibit 9 E-commerce Market in Europe ($ billion)
Exhibit 10 Global Market 2017–2023 ($ million)
Exhibit 11 Global Market 2017–2023 (units)
Exhibit 12 Global AGV Market by End-user 2017 (revenue %)
Exhibit 13 Global Market by Navigation 2017 (revenue %)
Exhibit 14 Global Automated Guided Vehicle Market by Vehicle Type 2017 (revenue %)
Exhibit 15 Five Forces Analysis 2017
Exhibit 16 Global Market by End-user 2017 & 2023
Exhibit 17 Global Market by End-user Type
Exhibit 18 Global AGV Market by End-user 2017 & 2023 ($ million)
Exhibit 19 Global Market by End-user 2017–2023 ($ million)
Exhibit 20 Global Market by End-user 2017–2023 (units)
Exhibit 21 Global Market by End-user 2017–2023 ($ million)
Exhibit 22 Global Market by End-user 2017–2023 (units)
Exhibit 23 Global Market by Automotive 2017–2023 ($ million)
Exhibit 24 Global Automotive Market 2005−2023 (million units)
Exhibit 25 Global Automated Guided Vehicle Market by Automotive 2017–2023 (units)
Exhibit 26 Global AGV Market by Retail 2017–2023 ($ million)
Exhibit 27 Global E-commerce Sales ($ trillion)
Exhibit 28 Global Market by Retail 2017–2023 (units)
Exhibit 29 Global Market by F&B 2017–2023 ($ million)
Exhibit 30 Global Market by F&B 2017–2023 (units)
Exhibit 31 Global AGV Market by Healthcare 2017–2023 ($ million)
Exhibit 32 Global Market by Healthcare 2017–2023 (units)
Exhibit 33 Global AGV Market by Aerospace 2017–2023 ($ million)
Exhibit 34 Global Automated Guided Vehicle Market by Aerospace 2017–2023 (units)
Exhibit 35 Global Market by Vehicle Type 2017 & 2023
Exhibit 36 Global Market by Vehicle Type
Exhibit 37 Global Market by Vehicle Type 2017 & 2023 ($ million)
Exhibit 38 Global Market by Vehicle Type 2017–2023 ($ million)
Exhibit 39 Global Market by Vehicle Type 2017–2023 (units)
Exhibit 40 Global Market by Vehicle Type 2017–2023 ($ million)
Exhibit 41 Global Market by Vehicle Type 2017–2023 (units)
Exhibit 42 Global AGV Market by Tow Vehicles 2017–2023 ($ million)
Exhibit 43 Global Market by Tow Vehicles 2017–2023 (units)
Exhibit 44 Global AGV Market by Unit Load Vehicles 2017–2023 ($ million)
Exhibit 45 Global Market by Unit Load Vehicles 2017–2023 (units)
Exhibit 46 Global Automated Guided Vehicle Market by Pallet Trucks 2017–2023 ($ million)
Exhibit 47 Global Market by Pallet Trucks 2017–2023 (units)
Exhibit 48 Global Market by Forklift Trucks 2017–2023 ($ million)
Exhibit 49 Global Market by Forklift Trucks 2017–2023 (units)
Exhibit 50 Global Automated Guided Vehicle Market by Others 2017–2023 ($ million)
Exhibit 51 Global Market by Others 2017–2023 (units)
Exhibit 52 Global Market by Navigation Type 2017 & 2023
Exhibit 53 Global Market by Navigation Type
Exhibit 54 Global Automated Guided Vehicle Market by Navigation Type 2017 & 2023 ($ million)
Exhibit 55 Global AGV Market by Navigation Type 2017–2023 ($ million)
Exhibit 56 Global Market by Navigation Type 2017–2023 (units)
Exhibit 57 Global Market by Navigation Type 2017–2023 ($ million)
Exhibit 58 Global Market by Navigation Type 2017–2023 (units)
Exhibit 59 Global Laser Guidance AGV Market 2017–2023 ($ million)
Exhibit 60 Global Laser Guidance Market 2017–2023 (units)
Exhibit 61 Global Magnetic Guidance AGV Market 2017–2023 ($ million)
Exhibit 62 Global Magnetic Guidance AGV Market 2017–2023 (units)
Exhibit 63 Global Vision Guidance Market 2017–2023 ($ million)
Exhibit 64 Global Vision Guidance AGV Market 2017–2023 (units)
Exhibit 65 Global Inductive Guidance Market 2017–2023 ($ million)
Exhibit 66 Global Inductive Guidance AGV Market 2017–2023 (units)
Exhibit 67 Global Natural Guidance AGV Market 2017–2023 ($ million)
Exhibit 68 Global Natural Guidance AGV Market 2017–2023 (units)
Exhibit 69 Global Other Guidance Technologies AGV Market 2017–2023 ($ million)
Exhibit 70 Global Other Guidance Technologies Market 2017–2023 (units)
Exhibit 71 Global Automated Guided Vehicle Market in Geography 2017 & 2023
Exhibit 72 Share of Geographies in Global Market 2017
Exhibit 73 CAGR of Key Geographies 2017−2023
Exhibit 74 Changes in Per Capita Disposable Income in EU-27+1 Countries 2006−2015
Exhibit 75 Annual Saving Ratio of Western European Countries 2008−2017
Exhibit 76 Market in Europe 2017−2023 ($ million)
Exhibit 77 Market in Europe 2017−2023 (units)
Exhibit 78 Automotive Sales in Europe 2005−2016 (million units)
Exhibit 79 Market in Europe by End-user 2017–2023 ($ million)
Exhibit 80 Market in Europe by End-user 2017–2023 (units)
Exhibit 81 AGV Market in Europe by Vehicle Type 2017–2023 ($ million)
Exhibit 82 Market in Europe by Vehicle Type 2017–2023 (units)
Exhibit 83 Market in Europe by Navigation 2017–2023 ($ million)
Exhibit 84 Market in Europe by Navigation 2017–2023 (units)
Exhibit 85 Automotive Sales in Germany 2005–2016 (million units)
Exhibit 86 AGV Market in Germany 2017–2023
Exhibit 87 Automated Guided Vehicle Market in France 2017–2023
Exhibit 88 AGV Market in the UK 2017–2023
Exhibit 89 Market in North America 2017−2023 ($ million)
Exhibit 90 Market in North America 2017−2023 (units)
Exhibit 91 E-commerce Market in North America ($ billion)
Exhibit 92 AGV Market in North America by End-user 2017–2023 ($ million)
Exhibit 93 AGV Market in North America by End-user 2017–2023 (units)
Exhibit 94 AGV Market in North America by Vehicle Type 2017–2023 ($ million)
Exhibit 95 AGV Market in North America by Vehicle Type 2017–2023 (units)
Exhibit 96 AGV Market in North America by Navigation 2017–2023 ($ million)
Exhibit 97 AGV Market in North America by Navigation 2017–2023 (units)
Exhibit 98 Automotive Sales in US 2005–2016 (million units)
Exhibit 99 Market in US 2017–2023
Exhibit 100 Automated Guided Vehicle Market in Canada 2017–2023
Exhibit 101 Market in APAC 2017−2023 ($ million)
Exhibit 102 Automated Guided Vehicle Market in APAC 2017−2023 (units)
Exhibit 103 AGV Market in APAC by End-user 2017–2023 ($ million)
Exhibit 104 AGV Market in APAC by End-user 2017–2023 (units)
Exhibit 105 AGV Market in APAC by Vehicle Type 2017–2023 ($ million)
Exhibit 106 AGV Market in APAC by Vehicle Type 2017–2023 (units)
Exhibit 107 Market in APAC by Navigation 2017–2023 ($ million) 155
Exhibit 108 Automated Guided Vehicle Market in APAC by Navigation 2017–2023 (thousand units) 155
Exhibit 109 Automated Guided Vehicle Market in China 2017–2023 156
Exhibit 110 Automotive Sales in China 2005−2016 (million units)
Exhibit 111 Urban Households in China: Income Breakup 2010−2020
Exhibit 112 Market in Japan 2017–2023
Exhibit 113 Automotive Sales in Japan 2005−2016 (million units)
Exhibit 114 Automotive Production in India 2012−2017 (million units)
Exhibit 115 Automated Guided Vehicle Market in India 2017–2023
Exhibit 116 Automotive Sales in India 2012−2017 ($ million)
Exhibit 117 Automotive Sales in Latin America (million units)
Exhibit 118 Market in Latin America 2017−2023 ($ million)
Exhibit 119 Automated Guided Vehicle Market in Latin America 2017−2023 (units)
Exhibit 120 AGV Market in Latin America by End-user 2017–2023 ($ million)
Exhibit 121 Market in Latin America by End-user 2017–2023 (units)
Exhibit 122 Market in Latin America by Vehicle Type 2017–2023 ($ million)
Exhibit 123 AGV Market in Latin America by Vehicle Type 2017–2023 (units)
Exhibit 124 AGV Market in Latin America by Navigation 2017–2023 ($ million)
Exhibit 125 AGV Market in Latin America by Navigation 2017–2023 (units)
Exhibit 126 Automotive Sales in Brazil 2005–2016 (million units)
Exhibit 127 Market in Brazil 2017–2023
Exhibit 128 Market in MEA 2017−2023 ($ million)
Exhibit 129 Market in MEA 2017−2023 (units)
Exhibit 130 Market in MEA by End-user 2017–2023 ($ million)
Exhibit 131 Market in MEA by End-user 2017–2023 (units)
Exhibit 132 AGV Market in MEA by Vehicle Type 2017–2023 ($ million)
Exhibit 133 Market in MEA by Vehicle Type 2017–2023 (units)
Exhibit 134 Market in MEA by Navigation 2017–2023 ($ million)
Exhibit 135 Automated Guided Vehicle Market in MEA by Navigation 2017–2023 (units)
Exhibit 136 Automated Guided Vehicle Suppliers 2017
Exhibit 137 Established Vs Start-up Vendors in Market 2017
List of Tables
Table 1 Key Geographies Definition
Table 2 Key Caveats
Table 3 Currency Conversion 2013−2017
Table 4 YOY Impact of Market Growth Enablers 2017−2023
Table 5 YOY Impact of Market Growth Enablers on Regions 2017
Table 6 Average Per Capita Income in Different Countries
Table 7 YOY Impact of Market Growth Restraints 2017−2023
Table 8 YOY Impact of Market Growth Restraints on Regions 2017
Table 9 YOY Impact of Market Opportunities & Trends 2017−2023
Table 10 YOY Impact of Market Opportunities & Trends on Regions 2017
Table 11 Specifications of a Magnetic Guided Vehicle
Table 12 Government Policies and Incentives
Table 13 KION GROUP: Product Offerings
Table 14 Daifuku: Product Offerings
Table 15 JBT Corporation: Product Offerings
Table 16 Toyota Industries: Product Offerings
Table 17 Qualitative Summary of Global Automated Guided Vehicle Market
Table 18 Global Automated Guided Vehicle Market by Geographies ($ million)
Table 19 Global Market by Geographies (thousand units)
Table 20 Global Market by Vehicle Type 2017–2023 ($ million)
Table 21 Global Market by Vehicle Type 2017–2023 (units)
Table 22 Global Market by Navigation 2017–2023 ($ million)
Table 23 Global Automated Guided Vehicle Market by Navigation 2017–2023 (units)
Table 24 Global Market by End-users 2017–2023 ($ million)
Table 25 Global Automated Guided Vehicle Market by End-users 2017–2023 (units)
Table 26 Market in Europe by Vehicle Type 2017–2023 ($ million)
Table 27 Automated Guided Vehicle Market in Europe by Vehicle Type 2017–2023 (units)
Table 28 Market in Europe by Navigation 2017–2023 ($ million)
Table 29 Automated Guided Vehicle Market in Europe by Navigation 2017–2023 (units)
Table 30 Market in Europe by End-users 2017–2023 ($ million)
Table 31 AGV Market in Europe by End-users 2017–2023 (units)
Table 32 Market in Europe by Top Countries ($ million)
Table 33 Automated Guided Vehicle Market in Europe by Top Countries (units)
Table 34 Market in North America by Vehicle Type 2017–2023 ($ million)
Table 35 Automated Guided Vehicle Market in North America by Vehicle Type 2017–2023 (units)
Table 36 Market in North America by Navigation 2017–2023 ($ million)
Table 37 Market in North America by Navigation 2017–2023 (units)
Table 38 Automated Guided Vehicle Market in North America by End-users 2017–2023 ($ million)
Table 39 AGV Market in North America by End-users 2017–2023 (units)
Table 40 Market in North America by Top Countries ($ million)
Table 41 Automated Guided Vehicle Market in North America by Top Countries (units)
Table 42 Market in APAC by Vehicle Type 2017–2023 ($ million)
Table 43 Automated Guided Vehicle Market in APAC by Vehicle Type 2017–2023 (units)
Table 44 Market in APAC by Navigation 2017–2023 ($ million)
Table 45 Market in APAC by Navigation 2017–2023 (units)
Table 46 Automated Guided Vehicle Market in APAC by End-users 2017–2023 ($ million)
Table 47 Market in APAC by End-users 2017–2023 (units)
Table 48 Market in APAC by Top Countries ($ million)
Table 49 Market in APAC by Top Countries (units)
Table 50 Market in Latin America by Vehicle Type 2017–2023 ($ million)
Table 51 Market in Latin America by Vehicle Type 2017–2023 (units)
Table 52 AGV Market in Latin America by Navigation 2017–2023 ($ million)
Table 53 Market in Latin America by Navigation 2017–2023 (units)
Table 54 Market in Latin America by End-users 2017–2023 ($ million)
Table 55 Market in Latin America by End-users 2017–2023 (units)
Table 56 Automated Guided Vehicle Market in Latin America by Top Countries ($ million)
Table 57 Automated Guided Vehicle Market in Latin America by Top Countries (units)
Table 58 Automated Guided Vehicle Market in MEA by Vehicle Type 2017–2023 ($ million)
Table 59 Automated Guided Vehicle Market in MEA by Vehicle Type 2017–2023 (units)
Table 60 Automated Guided Vehicle Market in MEA by Navigation 2017–2023 ($ million)
Table 61 Automated Guided Vehicle Market in MEA by Navigation 2017–2023 (units)
Table 62 Automated Guided Vehicle Market in MEA by End-users 2017–2023 ($ million)
Table 63 Automated Guided Vehicle Market in MEA by End-users 2017–2023 (units)
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Automated Guided Vehicle Market Segmentation by Vehicle Type
4.3.2 Automated Guided Vehicle Market Segmentation by Navigation Type
4.3.3 Automated Guided Vehicle Market Segmentation by End-user
4.3.4 Automated Guided Vehicle Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Automated Guided Vehicle Market : Overview
8 Automated Guided Vehicle Market Dynamics
8.1 Automated Guided Vehicle Market Growth Enablers
8.1.1 Rising automation in material handling
8.1.2 Implementation of high safety standards at workplaces
8.1.3 Increasing demand for higher productivity
8.1.4 Increasing flexibility in production process
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Automated Guided Vehicle Market Growth Restraints
8.2.1 Growing popularity of self-driving vehicles (SDVs)
8.2.2 Low labor costs in emerging countries
8.2.3 YOY Impact of Market Growth Restraints
8.2.4 YOY Impact of Market Growth Restraints on Regions
8.3 Automated Guided Vehicle Market Opportunities & Trends
8.3.1 Increasing demand for AI in factories
8.3.2 Industry 4.0 promoting industrial automation
8.3.3 SMEs to dominate adoption of automated guided vehicles
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends on Regions
9 Global Automated Guided Vehicle Market
9.1 Automated Guided Vehicle Market Overview
9.2 Automated Guided Vehicle Market Size & Forecast 2017–2023
9.3 Porter’s Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 Automated Guided Vehicle Market by End-User
10.1 Automated Guided Vehicle Market Overview
10.2 Automotive
10.2.1 AGV MarketSize & Forecast
10.3 Retail
10.3.1 AGV MarketSize & Forecast
10.4 Food & Beverages
10.4.1 Market Size & Forecast
10.5 Healthcare
10.5.1 Market Size & Forecast
10.6 Aerospace
10.6.1 Market Size & Forecast
11 Automated Guided Vehicle Market By Vehicle Type
11.1 Automated Guided Vehicle Market Overview
11.2 Tow vehicles
11.2.1 Market Size & Forecast
11.3 Unit Load Vehicles
11.3.1 Market Size & Forecast
11.4 Pallet Trucks
11.4.1 Market Size & Forecast
11.5 Forklift Trucks
11.5.1 Market Size & Forecast
11.6 Other AGV Vehicles
11.6.1 Market Size & Forecast
12 Automated Guided Vehicle Market By Navigation Type
12.1 Automated Guided Vehicle Market Overview
12.2 Laser Guidance AGV Market
12.2.1 Market Size & Forecast
12.3 Magnetic Guidance AGV market
12.3.1 Market Size & Forecast
12.4 Vision Guidance AGV market
12.4.1 Market Size & Forecast
12.5 Inductive Guidance AGV Market
12.5.1 Market Size & Forecast
12.6 Natural Guidance AGV market
12.6.1 Market Size & Forecast
12.7 Other Guidance Technologies AGV Market
12.7.1 Market Size & Forecast
13 Automated Guided Vehicle Market By Geography
13.1 AGV MarketOverview
14 Europe
14.1 Market Overview
14.2 Market Size & Forecast 2017–2023
14.3 Segmentation by End-User
14.3.1 Market Size & Forecast
14.4 Segmentation by Vehicle Type
14.4.1 Market Size & Forecast
14.5 Segmentation by Navigation
14.5.1 Market Size & Forecast
14.6 Key Countries
14.6.1 Germany: Market Size & Forecast
14.6.2 France: Market Size & Forecast
14.6.3 UK: Market Size & Forecast
14.7 Key Market Trend, Enabler, & Restraint
15 North America
15.1 Market Overview
15.2 Market Size & Forecast 2017–2023
15.3 Segmentation by End-User
15.3.1 Market Size & Forecast
15.4 Segmentation by Vehicle Type
15.4.1 Market Size & Forecast
15.5 Segmentation by Navigation
15.5.1 Market Size & Forecast
15.6 Key Countries
15.6.1 US: Market Size & Forecast
15.6.2 Canada: Market Size & Forecast
15.7 Key Market Trend, Enabler, & Restraint
16 APAC
16.1 Market Overview
16.2 Market Size & Forecast 2017–2023
16.3 Segmentation by End-User
16.3.1 Market Size & Forecast
16.4 Segmentation by Vehicle Type
16.4.1 Market Size & Forecast
16.5 Segmentation by Navigation
16.5.1 Market Size & Forecast
16.6 Key Countries
16.6.1 China: Market Size & Forecast
16.6.2 Japan: Market Size & Forecast
16.6.3 India: Market Size & Forecast
16.7 Key Market Trend, Enabler, & Restraint
17 Latin America
17.1 Market Overview
17.2 Market Size & Forecast 2017–2023
17.3 Segmentation by End-User
17.3.1 Market Size & Forecast
17.4 Segmentation by Vehicle Type
17.4.1 Market Size & Forecast
17.5 Segmentation by Navigation
17.5.1 Market Size & Forecast
17.6 Key Countries
17.6.1 Brazil: Market Size & Forecast
17.7 Key Market Trend, Enabler, & Restraint
18 Middle-East and Africa
18.1 Market Overview
18.2 Market Size & Forecast 2017–2023
18.3 Segmentation by End-User
18.3.1 Market Size & Forecast
18.4 Segmentation by Vehicle Type
18.4.1 Market Size & Forecast
18.5 Segmentation by Navigation
18.5.1 Market Size & Forecast
18.6 Key Countries
18.7 Key Market Trend, Enabler, & Restraint
19 Competitive Landscape
19.1 Automated Guided Vehicle Market Overview
20 Key Company profiles
20.1 KION Group
20.1.1 Business Overview
20.1.2 Major Product Offerings
20.1.3 Key Strategies
20.1.4 Key Strengths
20.1.5 Key Opportunities
20.2 Daifuku
20.2.1 Business Overview
20.2.2 Major Product Offerings
20.2.3 Key Strategies
20.2.4 Key Strengths
20.2.5 Key Opportunities
20.3 JBT CORPORATION
20.3.1 Business Overview
20.3.2 Major Product Offerings
20.3.3 Key Strategies
20.3.4 Key Strengths
20.3.5 Key Opportunities
20.4 TOYOTA INDUSTRIES
20.4.1 Business Overview
20.4.2 Major Product Offerings
20.4.3 Key Strategies
20.4.4 Key Strengths
20.4.5 Key Opportunities
21 Other PROMINENT Companies
21.1 KUKA
21.1.1 Business Overview
21.1.2 Product Offerings
21.2 HYSTER-YALE GROUP
21.2.1 Business Overview
21.2.2 Product Offerings
21.3 EK AUTOMATION
21.3.1 Business Overview
21.3.2 Product Offerings
21.4 SEEGRID CORPORATION
21.4.1 Business Overview
21.4.2 Product Offerings
21.5 KOLLMORGEN
21.5.1 Business Overview
21.5.2 Product Offerings
21.6 QUIREPACE
21.6.1 Business Overview
21.6.2 Product Offerings
21.7 FORI AUTOMATION
21.7.1 Company Overview
21.7.2 Product Offerings
21.8 AGVE
21.8.1 Business Overview
21.8.2 Product Offerings
21.9 SSI SCHAEFER
21.9.1 Business Overview
21.9.2 Product Offerings
21.1 TRANSBOTICS CORPORATION
21.10.1 Business Overview
21.10.2 Product Offerings
21.11 SAVANT AUTOMATION
21.11.1 Business Overview
21.11.2 Product Offerings
21.12 JUNGHEINRICH
21.12.1 Business Overview
21.12.2 Product Offerings
21.13 FETCH ROBOTICS
21.13.1 Business Overview
21.13.2 Product Offerings
22 Report Summary
22.1 Key Takeaways
22.2 Strategic Recommendations
22.3 Qualitative Summary
22.4 Quantitative Summary
22.4.1 AGV Marketby Geography
22.4.2 AGV Marketby Vehicle Type
22.4.3 AGV Marketby Navigation
22.4.4 AGV Marketby End-users
22.4.5 Europe
22.4.6 North America
22.4.7 APAC
22.4.8 Latin America
22.4.9 MEA
23 Appendix
23.1 Abbreviations
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Frequently Asked Questions
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Published : August 2017