PUBLISHED DATE : Feb 2020 | Pages : 349
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Automated Guided Vehicle (AGV) Market Size, Share, & Trends Analysis Report BY:
Global Analysis Report, Global Outlook, Market Trends, Competitive Landscape, Share, Growth Potential & Forecast, 2020-2025
349 Pages
154 Tables
112 Charts
5 Regions
18 Countries
55 Companies
4 Market Segment
| Report Attribute | Details |
|---|---|
| Market Size 2019 | USD 6.07 Billion |
| Market Size 2025 | US 60.56 Billion |
| Compound Annual Growth Rate (CAGR) | 46.74% (2020-2025) |
| Base Year | 2019 |
| Forecast Year | 2020-2025 |
| Market Segments | Product (AGCs, Tow Vehicles, Unit Load Vehicles, Pallet Trucks, Forklift Trucks, and Other AGV Vehicles), Application (Automated, Retail, Food & Beverage, Healthcare, Aerospace, and Others), Navigation (Natural Guidance, Laser Guidance, Inductive Guidance, Magnetic Guidance, Vision Guidance, and Others) |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| Countries Covered | US, Canada, UK, Germany, France, Spain, Italy, Nordic, China, Japan, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, and UAE |
The global automated guided vehicle (AGV) market was valued at USD 6.07 billion in 2019 and will grow at a CAGR of 46.74% during 2020-2025 to reach USD 60.56 billion by the end of the forecast period. The demand for AGV, which enhance the logistics movement with minimal manual intervention, in automation, retail, and food & beverage (F&B) application segments is driving the market. Advanced technologies such as automatic truck unloading, improved safety systems, and high productivity are the other major factors responsible for automated guided vehicle demand. The growth in the e-commerce industry is expected to enhance the efficiency of warehousing operations, along with the reduction in the product damages is likely to increase the usage of material handling equipment, such as AGVs. Warehouse managers must focus on the latest automatic guided vehicle techniques to minimize manual labor expenditure, improve retrieval and storage tasks, and streamline raw material transport, full-case palletizing, and carton picking. However, the growing popularity of self-driving vehicles and the availability of low-cost laborers are expected to inhibit guided vehicle growth in emerging countries.
This research report includes a detailed segmentation by
The increasing demand for efficient movement with large load capacity for long and short distances is expected to drive the demand for tow vehicles. These vehicles are considered economical as multiple loads can be moved from one place to another, resulting in productivity and eliminating the usage of manual trains or fork trucks. The unit load AGVs are likely to grow at the fastest CAGR as these vehicles offer the flexibility of automatic load transfers. They are a viable option for covering long distances and performing repetitive tasks. Unit load carriers are autonomous, which helps to improve the worker’s safety. Forklift trucks are used to lift and move goods over shorter distances. These vehicles can lift loads from the floor as well as from stands. Moreover, the increasing shift toward digital factories is expected to impact the adoption of automated forklift trucks during the forecast period.
The growing complexity of vehicles and stringency in safety norms and emission standards will likely propel automotive sector manufacturers to invest in automatic guided vehicles. The application of AGVs helps automotive companies reduce operational costs, enabling them to offer high-quality products at competitive prices. Moreover, to increase the safety of active services, several vendors are expected to emphasize the usage of guided vehicles.
Automatic guided vehicles in the retail segment are expected to increase. The swift growth of online sales in the retail sector and the increasing usage of AGVs in warehouses enable companies to offer speedy product delivery. They are being adopted in the food and beverages, and the segment is expected to proliferate due to their ability to handle palletized and unit loads of goods and packaging materials in the cross-docking, manufacturing, trailer loading, and warehousing environments. The growth of online food ordering is expected to put immense pressure on retailers for timely product delivery. Moreover, their usage in the F&B segment is expected to increase cost-effectiveness and reduce product damage and spillage.
The laser guidance segment is likely to grow at a significant pace. The laser guidance technology helps the vehicle to operate efficiently and automatically, which provides flexibility in manufacturing and warehouse facilities. The natural guidance segment is projected to grow at the fastest CAGR as these automatic guided vehicles are easy to implement and do not require the workspace retrofit. As these vehicles combine laser range finders and gyroscopes to determine the location and calculate the shortest path, they will likely gain prominence in dynamic workplaces. Inductive guidance systems are expected to grow considerably in aerospace, industrial plants, and automotive segments as they are not sensitive to oil, tire abrasion, and dirt and require low maintenance. The increasing usage of magnetic guided vehicles in the food and beverage, warehousing, and manufacturing facilities is expected to drive the sale of automated guided vehicles during the forecast period.
North America is one of the significant regions for adopting automatic guided vehicles and is likely to dominate the market during the forecast period. The growth is expected mainly because of the increasing adoption of automation systems, the revitalization of the US economy, and the growth of the e-commerce industry. The development of the automated guided vehicle market in North America largely depends on the political and economic scenario in the region, along with the growing adoption of automation in industries. Besides, the growth of the e-commerce industry in North America is expected to induce higher sales of AGVs during the forecast period. In Europe, the market is likely to grow as this region is a leading exporter and producer of automated guided vehicles. The increasing demand for high-end quality goods at competitive pricing and intense market competition are expected to propel several industries to implement automatic guided vehicles. The growing demand for smart technology is expected to promote the introduction of automated solutions in several warehousing facilities in the market. The APAC market is expected to witness robust growth due to the rise in regional economies and the increase in manufacturing units by global OEMs. The region has emerged as the manufacturing hub with the highest adoption rate of industrial robots, likely to drive the demand for automatic guided vehicles. China is considered the largest e-commerce-driven country in the world, and the e-commerce sector is expected to witness a boom in the region.
The global automated guided vehicle market is highly concentrated with several local and global players. The market is expected to witness the intense competition. Automated guided vehicle manufacturers are likely to emphasize identifying market opportunities, setting specific goals to achieve productivity, and efficiently using capital resources. One of the critical strategies expected to be implemented by market players includes introducing differentiated products and solutions. Hence, companies strive to offer differentiated channels for distribution and a better product mix, catering to changing consumer needs in the market. Key manufacturers are likely to provide and expand the product line-up in their business segments with the launch of several innovative techniques, thereby gaining an edge over their competitors. Manufacturers must rely on key competitive factors such as reliability and quality, product innovation, product support, pricing, warranty, distribution, financing options, and shelf space.
Segmentation by Product
By Application
By Navigation
By Geography
Frequently Asked Questions
What is the automatic guided vehicles (AGV) market size and growth forecast?
The automatic guided vehicles (AGV) market size is expected to reach revenues of around $60 billion, growing at a CAGR of over 46% during 2019-2025.
What are the factors impacting the growth of the automatic guided vehicles (AGV) market?
Warehouse managers are expected to focus on the latest automatic guided vehicle techniques to minimize the manual labor expenditure, improve retrieval and storage tasks, and streamline material transport, full-case palletizing, and carton picking.
Who are the key players in the automatic guided vehicles (AGV) market?
The prominent players in the automatic guided vehicles (AGV) market include Daifuku, JBT Corporation, Kion Group, and Toyota Industries.
Which segment is fueling automatic guided vehicles (AGV) market growth?
Automatic guided vehicles in the retail segment are expected to grow at a rapid rate. The swift growth of online sales in the retail sector and the increasing usage of AGVs in warehouses enable companies to offer speedy product delivery.
The global automated guided vehicle market is expected to grow at a CAGR of over 46% during the period 2020–2025.
The following factors are likely to contribute to the growth of the automated guided vehicle market during the forecast period:
Base Year: 2019
Forecast Year: 2020–2025
The study considers the present scenario of the automated guided vehicle market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Key Vendors
Other Vendors
Market Segmentation by Product
Market Segmentation by Application
Market Segmentation by Navigation
Market Segmentation by Geography
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Product
4.4.2 Market Segmentation by Navigation Type
4.4.3 Market Segmentation by End-user Type
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Introduction to AGVs
7.1.2 Types of AGVs
7.1.3 Working of AGVs
7.1.4 AGVs in Logistics
7.1.5 Benefits of AGVs
7.1.6 Vision for the automation industry
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Automation in Material Handling
8.1.2 Implementation of High Safety Standards at Workplaces
8.1.3 Demand for Higher Productivity & Flexibility in Production
8.2 Market Growth Restraints
8.2.1 Growing Popularity of Self-driving Vehicles (SDVs)
8.2.2 Low Labor Costs in Emerging Countries
8.3 Market Opportunities & Trends
8.3.1 Increasing Demand for Artificial Intelligence (AI) in Factories
8.3.2 Industry 4.0 Promoting Industrial Automation
8.3.3 SMEs to Dominate Adoption of AGVs
9 Market Landscape
9.1 Market Overview
9.2 Market Size & Forecast
9.2.1 Unit and Revenue
9.3 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 Value Chain Analysis
10.1 Overview
10.2 Value Chain Analysis
10.2.1 Raw Materials and Component Suppliers
10.2.2 Manufacturers
10.2.3 Dealers/Distributors/Retailers
10.2.4 End-users
11 Automated Guided Vehicle Market by Product
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Tow Vehicles
11.3.1 Market Size & Forecast (Revenue & Unit)
11.3.2 Market by Geography (Revenue & Unit Shipments)
11.4 Unit Load Vehicles
11.4.1 Market Size & Forecast (Revenue & Unit)
11.4.2 Market by Geography (Revenue & Unit Shipments)
11.5 Forklift Trucks
11.5.1 Market Size & Forecast (Revenue & Unit)
11.5.2 Market by Geography (Revenue & Unit Shipments)
11.6 Pallet Trucks
11.6.1 Market Size & Forecast
11.6.2 Market by Geography (Revenue & Unit Shipments)
11.7 AGCs
11.7.1 Market Size & Forecast
11.7.2 Market by Geography (Revenue & Unit Shipments)
11.8 Other AGVs
11.8.1 Market Size & Forecast (Revenue & Unit)
11.8.2 Market by Geography (Revenue & Unit Shipments)
12 Automated Guided Vehicle Market by Navigation
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Laser guidance
12.3.1 Market Size & Forecast (Revenue & Unit)
12.3.2 Market by Geography (Revenue & Unit Shipments)
12.4 Natural Guidance
12.4.1 Market Size & Forecast (Revenue & Unit)
12.4.2 Market by Geography (Revenue & Unit Shipments)
12.5 Inductive Guidance
12.5.1 Market Size & Forecast (Revenue & Unit)
12.5.2 Market by Geography (Revenue & Unit Shipments)
12.6 Magnetic Guidance
12.6.1 Market Size & Forecast (Revenue & Unit)
12.6.2 Market by Geography (Revenue & Unit Shipments)
12.7 Vision Guidance
12.7.1 Market Size & Forecast (Revenue & Unit)
12.7.2 Market by Geography (Revenue & Unit Shipments)
12.8 Other AGVS
12.8.1 Market Size & Forecast (Revenue & Unit)
12.8.2 Market by Geography (Revenue & Unit Shipments)
13 Automated Guided Vehicle Market by End-User
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Automotive
13.3.1 Market Size & Forecast (Revenue & Unit)
13.3.2 Market by Geography (Revenue & Unit Shipments)
13.4 Retail
13.4.1 Market Size & Forecast (Revenue & Unit)
13.4.2 Market by Geography (Revenue & Unit Shipments)
13.5 Food & Beverage
13.5.1 Market Size & Forecast (Revenue & Unit)
13.5.2 Market by Geography (Revenue & Unit Shipments)
13.6 Healthcare
13.6.1 Market Size & Forecast (Revenue & Unit)
13.6.2 Market by Geography (Revenue & Unit Shipments)
13.7 Aerospace
13.7.1 Market Size & Forecast (Revenue & Unit)
13.7.2 Market by Geography (Revenue & Unit Shipments)
13.8 Others
13.8.1 Market Size & Forecast (Revenue & Unit)
13.8.2 Market by Geography (Revenue & Unit Shipments)
14 Automated Guided Vehicle Market by Geography
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
15 North America
15.1 Market Overview
15.2 Market Size & Forecast
15.2.1 Revenue and Unit Shipment
15.3 Market by Product
15.3.1 Market Size (Revenue)
15.3.2 Market Size (Unit Shipment)
15.4 Market by navigation
15.4.1 Market Size (Revenue)
15.4.2 Market Size (Unit Shipment)
15.5 Market by End-User
15.5.1 Market Size (Revenue)
15.5.2 Market Size (Unit Shipment)
15.6 Key Countries
15.6.1 Market Snapshot & Growth Engine
15.6.2 US: Automated Guided Vehicle Market Size & Forecast
15.6.3 Canada: Market Size & Forecast
16 Europe
16.1 Market Overview
16.2 Market Size & Forecast
16.2.1 Revenue and Unit Shipment
16.3 Market By PRODUCT
16.3.1 Market Size (Revenue)
16.3.2 Market Size (Unit Shipment)
16.4 Market by navigation
16.4.1 Market Size (Revenue)
16.4.2 Market Size (Unit Shipment)
16.5 Market by END-USER
16.5.1 Market Size (Revenue)
16.5.2 Market Size (Unit Shipment)
16.6 Key Countries
16.6.1 Market Snapshot & Growth Engine
16.6.2 UK: Automated Guided Vehicle Market Size & Forecast
16.6.3 Germany: Market Size & Forecast
16.6.4 France: Automated Guided Vehicle Market Size & Forecast
16.6.5 Spain: Market Size & Forecast
16.6.6 Italy: Automated Guided Vehicle Market Size & Forecast
16.6.7 Nordic Countries: Market Size & Forecast
17 APAC
17.1 Market Overview
17.2 Market Size & Forecast
17.2.1 Revenue and Unit
17.3 Market By Product
17.3.1 Market Size (Revenue)
17.3.2 Market Size (Unit Shipment)
17.4 Market By navigation
17.4.1 Market Size (Revenue)
17.4.2 Market Size (Unit Shipment)
17.5 Market By End-User
17.5.1 Market Size (Revenue)
17.5.2 Market Size (Unit Shipment)
17.6 Key Countries
17.6.1 Market Snapshot & Growth Engine
17.6.2 China: Automated Guided Vehicle Market Size & Forecast
17.6.3 Japan: Market Size & Forecast
17.6.4 Australia: Automated Guided Vehicle Market Size & Forecast
17.6.5 South Korea: Market Size & Forecast
18 Latin America
18.1 Market Overview
18.2 Market Size & Forecast
18.2.1 Revenue and Unit Shipment
18.3 Market by Product
18.3.1 Market Size (Revenue)
18.3.2 Market Size (Unit Shipment)
18.4 Market By navigation
18.4.1 Market Size (Revenue)
18.4.2 Market Size (Unit Shipment)
18.5 Market by End-User
18.5.1 Market Size (Revenue)
18.5.2 Market Size (Unit Shipment)
18.6 Key Countries
18.6.1 Market Snapshot & Growth Engine
18.6.2 Brazil: Automated Guided Vehicle Market Size & Forecast
18.6.3 Mexico: Market Size & Forecast
18.6.4 Argentina: Automated Guided Vehicle Market Size & Forecast
19 Middle East & Africa
19.1 Market Overview
19.2 Market Size & Forecast
19.2.1 Revenue and Unit Shipment
19.3 Market By Product
19.3.1 Market Size (Revenue)
19.3.2 Market Size (Unit Shipment)
19.4 Market By navigation
19.4.1 Market Size (Revenue)
19.4.2 Market Size (Unit Shipment)
19.5 Market by END-USE
19.5.1 Market Size (Revenue)
19.5.2 Market Size (Unit Shipment)
19.6 Key Countries
19.6.1 Market Snapshot & Growth Engine
19.6.2 Saudi Arabia: Automated Guided Vehicle Market Size & Forecast
19.6.3 South Africa: Market Size & Forecast
19.6.4 UAE: Automated Guided Vehicle Market Size & Forecast
20 Competitive Landscape
20.1 Competition Overview
21 Market Vendor Analysis
21.1 Market Vendor Ranking Analysis
22 Key Company Profiles
22.1 Daifuku
22.1.1 Business Overview
22.1.2 Major Product Offerings
22.1.3 Key Strengths
22.1.4 Key Strategies
22.1.5 Key Opportunities
22.2 JBT Corporation
22.2.1 Business Overview
22.2.2 Major Product Offerings
22.2.3 Key Strengths
22.2.4 Key Strategies
22.2.5 Key Opportunities
22.3 KION Group
22.3.1 Business Overview
22.3.2 Major Product Offerings
22.3.3 Key Strengths
22.3.4 Key Strategies
22.3.5 Key Opportunities
22.4 Toyota Industries
22.4.1 Business Overview
22.4.2 Major Product Offerings
22.4.3 Key Strengths
22.4.4 Key Strategies
22.4.5 Key Opportunities
23 OTHER PROMINENT VENDORS
23.1 AGVE Group
23.1.1 Business Overview
23.1.2 Key Strengths
23.1.3 Key Strategies
23.2 Amerden
23.2.1 Business Overview
23.2.2 Key Strengths
23.2.3 Key Strategies
23.3 America In Motion
23.3.1 Business Overview
23.3.2 Key Strengths
23.3.3 Key Strategies
23.4 AMS
23.4.1 Business Overview
23.4.2 Key Strengths
23.4.3 Key Strategies
23.5 ASTI Mobile Robotics
23.5.1 Business Overview
23.5.2 Key Strengths
23.5.3 Key Strategies
23.6 Atab
23.6.1 Business Overview
23.6.2 Key Strengths
23.6.3 Key Strategies
23.7 AXTER Automation
23.7.1 Business Overview
23.7.2 Key Strengths
23.7.3 Key Strategies
23.8 BA Systèmes
23.8.1 Business Overview
23.8.2 Key Strengths
23.8.3 Key Strategies
23.9 Comau
23.9.1 Business Overview
23.9.2 Key Strengths
23.9.3 Key Strategies
23.10 DimaSimma
23.10.1 Business Overview
23.10.2 Key Strengths
23.10.3 Key Strategies
23.11 DS AUTOMOTION
23.11.1 Business Overview
23.11.2 Key Strengths
23.11.3 Key Strategies
23.12 Eckhart
23.12.1 Business Overview
23.12.2 Key Strengths
23.12.3 Key Strategies
23.13 EK Automation
23.13.1 Business Overview
23.13.2 Key Strengths
23.13.3 Key Strategies
23.14 Esatroll
23.14.1 Business Overview
23.14.2 Key Strengths
23.14.3 Key Strategies
23.15 Eurogroep
23.15.1 Business Overview
23.15.2 Key Strengths
23.15.3 Key Strategies
23.16 FETCH ROBOTICS
23.16.1 Business Overview
23.16.2 Key Strengths
23.16.3 Key Strategies
23.17 FORI Automation
23.17.1 Business Overview
23.17.2 Key Strengths
23.17.3 Key Strategies
23.18 Grenzebach Group
23.18.1 Business Overview
23.18.2 Key Strengths
23.18.3 Key Strategies
23.19 GreyOrange
23.19.1 Business Overview
23.19.2 Key Strengths
23.19.3 Key Strategies
23.20 Hi-TECH Robotics Systemz
23.20.1 Business Overview
23.20.2 Key Strengths
23.20.3 Key Strategies
23.21 Hyster-Yale Group
23.21.1 Business Overview
23.21.2 Key Strengths
23.21.3 Key Strategies
23.22 Inser Robótica
23.22.1 Business Overview
23.22.2 Key Strengths
23.22.3 Key Strategies
23.23 iROB
23.23.1 Business Overview
23.23.2 Key Strengths
23.23.3 Key Strategies
23.24 Jungheinrich
23.24.1 Business Overview
23.24.2 Key Strengths
23.24.3 Key Strategies
23.25 Kivnon Logística
23.25.1 Business Overview
23.25.2 Key Strengths
23.25.3 Key Strategies
23.26 Kollmorgen
23.26.1 Business Overview
23.26.2 Key Strengths
23.26.3 Key Strategies
23.27 KUKA
23.27.1 Business Overview
23.27.2 Key Strengths
23.27.3 Key Strategies
23.28 Mad Automation
23.28.1 Business Overview
23.28.2 Key Strengths
23.28.3 Key Strategies
23.29 Mecalux
23.29.1 Business Overview
23.29.2 Key Strengths
23.29.3 Key Strategies
23.30 MLR System
23.30.1 Business Overview
23.30.2 Key Strengths
23.30.3 Key Strategies
23.31 Mitsubishi Forklift Trucks
23.31.1 Business Overview
23.31.2 Key Strengths
23.31.3 Key Strategies
23.32 Murata Machinery
23.32.1 Business Overview
23.32.2 Key Strengths
23.32.3 Key Strategies
23.33 Oceaneering
23.33.1 Business Overview
23.33.2 Key Strengths
23.33.3 Key Strategies
23.34 Optimus Robotics
23.34.1 Business Overview
23.34.2 Key Strengths
23.34.3 Key Strategies
23.35 Bastian Solutions
23.35.1 Business Overview
23.35.2 Key Strengths
23.35.3 Key Strategies
23.36 Robotic Automation
23.36.1 Business Overview
23.36.2 Key Strengths
23.36.3 Key Strategies
23.37 Robotnik
23.37.1 Business Overview
23.37.2 Key Strengths
23.37.3 Key Strategies
23.38 Savant Automation
23.38.1 Business Overview
23.38.2 Key Strengths
23.38.3 Key Strategies
23.39 Scaglia INDEVA
23.39.1 Business Overview
23.39.2 Key Strengths
23.39.3 Key Strategies
23.40 Scallog
23.40.1 Business Overview
23.40.2 Key Strengths
23.40.3 Key Strategies
23.41 Scott Systems International
23.41.1 Business Overview
23.41.2 Key Strengths
23.41.3 Key Strategies
23.42 Seegrid Corporation
23.42.1 Business Overview
23.42.2 Key Strengths
23.42.3 Key Strategies
23.43 Simplex Robotics
23.43.1 Business Overview
23.43.2 Key Strengths
23.43.3 Key Strategies
23.44 Solving
23.44.1 Business Overview
23.44.2 Key Strengths
23.44.3 Key Strategies
23.45 SSI SCHAEFER
23.45.1 Business Overview
23.45.2 Key Strengths
23.45.3 Key Strategies
23.46 Synersight
23.46.1 Business Overview
23.46.2 Key Strengths
23.46.3 Key Strategies
23.47 TecnoFerrari
23.47.1 Business Overview
23.47.2 Key Strengths
23.47.3 Key Strategies
23.48 Teradyne
23.48.1 Business Overview
23.48.2 Key Strengths
23.48.3 Key Strategies
23.49 Transolt Technologies
23.49.1 Business Overview
23.49.2 Key Strengths
23.49.3 Key Strategies
23.50 WEWO Techmotion
23.50.1 Business Overview
23.50.2 Key Strengths
23.50.3 Key Strategies
23.51 QUIREPACE
23.51.1 Business Overview
23.51.2 Key Strengths
23.51.3 Key Strategies
24 Report Summary
24.1 Key Takeaways
24.2 Strategic Recommendations
25 Quantitative Summary
25.1 Global Market
25.2 North America
25.2.1 Market by Product
25.2.2 Market by Navigation
25.2.3 Market by End-user
25.3 Europe
25.3.1 Market by Product
25.3.2 Market by Navigation
25.3.3 Market by End-user
25.4 APAC
25.4.1 Market by Product
25.4.2 Market by Navigation
25.4.3 Market by End-user
25.5 Latin America
25.5.1 Market by Product
25.5.2 Market by Navigation
25.5.3 Market by End-user
25.6 Middle East & Africa (MEA)
25.6.1 Market by Product
25.6.2 Market by Navigation
25.6.3 Market by End-user
25.7 Product Segmentation
25.7.1 Global Market
25.7.2 AGCs
25.7.3 Tow Vehicles
25.7.4 Unit Load Vehicles
25.7.5 Pallet Trucks
25.7.6 Forklift Trucks
25.7.7 Other Vehicles
25.8 Navigation Segmentation
25.8.1 Global Market
25.8.2 Natural Guidance
25.8.3 Laser Guidance
25.8.4 Inductive Guidance
25.8.5 Magnetic Guidance
25.8.6 Vision Guidance
25.8.7 Others
25.9 END-USER Segmentation
25.9.1 Global Market
25.9.2 Automotive
25.9.3 Retail
25.9.4 Food & Beverage
25.9.5 Healthcare
25.9.6 Aerospace
25.9.7 Others
26 Appendix
26.1 Abbreviations
List of Exhibits
Exhibit 1 Segmentation of Global AGV Market
Exhibit 2 Market Size Calculation Approach 2019
Exhibit 3 Global AGV Market: An Overview
Exhibit 4 Analysis of AGVs
Exhibit 5 Impact of Rising Automation in Material Handling
Exhibit 6 Benefits of Implementing AGVs
Exhibit 7 Impact of Implementation of High Safety Standards at Workplaces
Exhibit 8 Demand for Higher Productivity & Flexibility in Production
Exhibit 9 Impact of Growing Popularity of Self-driving Vehicles (SDVs)
Exhibit 10 Impact of Low Labor Costs in Emerging Countries
Exhibit 11 Impact of Increasing Demand for AI in Factories
Exhibit 12 Impact of Industry 4.0 Promoting Industrial Automation
Exhibit 13 Impact of SMEs to Dominate Adoption of AGVs
Exhibit 14 E-commerce Market in Europe ($ million)
Exhibit 15 Global AGV Market 2019−2025 ($ million)
Exhibit 16 Global AGV Market 2019−2025 (thousand units)
Exhibit 17 Five Forces Analysis 2019
Exhibit 18 Value Chain Analysis of AGV Market
Exhibit 19 Incremental Growth by Product 2019−2025 (Revenue)
Exhibit 20 Automated Guided Vehicle Market by Product
Exhibit 21 Market Share by Product 2019 (Revenue & Unit Shipments)
Exhibit 22 Market by Product 2019−2025 ($ million)
Exhibit 23 Global Tow Vehicles Market by 2019−2025 ($ million)
Exhibit 24 Global Tow Vehicles Market 2019−2025 (thousand units)
Exhibit 25 Global Unit Load Market 2019−2025 ($ million)
Exhibit 26 Global Unit Load Market 2019−2025 (thousand units)
Exhibit 27 Global Forklift Truck Market 2019−2025 ($ million)
Exhibit 28 Global Forklift Trucks Market 2019−2025 (thousand units)
Exhibit 29 Global Pallet Trucks Market 2019−2025 ($ million)
Exhibit 30 Global Pallet Trucks Market 2019−2025 (thousand units)
Exhibit 31 Global AGC Market 2019−2025 ($ million)
Exhibit 32 Global AGC Market 2019−2025 (thousand units)
Exhibit 33 Global Other AGV Market 2019−2025 ($ million)
Exhibit 34 Global Other AGV Market 2019−2025 (thousand units)
Exhibit 35 Incremental Growth by Navigation 2019−2025 (Revenue)
Exhibit 36 Automated Guided Vehicle Market by Navigation Technology: Overview
Exhibit 37 Market Share by Navigation Type 2019 (Revenue & Unit Shipments)
Exhibit 38 Global Market by Navigation Type 2019−2025 ($ million)
Exhibit 39 Global Laser Guidance Market 2019−2025 ($ million)
Exhibit 40 Global Laser Guidance Market 2019−2025 (thousand units)
Exhibit 41 Global Natural Guidance Market 2019−2025 ($ million)
Exhibit 42 Global Natural Guidance Market 2019−2025 (thousand units)
Exhibit 43 Global Inductive Guidance Market 2019−2025 ($ million)
Exhibit 44 Global Inductive Guidance Market 2019−2025 (thousand units)
Exhibit 45 Global Magnetic Guidance Market 2019−2025 ($ million)
Exhibit 46 Global Magnetic Guidance Market 2019−2025 (thousand units)
Exhibit 47 Global Vision Guidance Market 2019−2025 ($ million)
Exhibit 48 Global Vision Guidance Market 2019−2025 (thousand units)
Exhibit 49 Global Other AGV Market 2019−2025 ($ million)
Exhibit 50 Global Others AGV Market 2019−2025 (thousand units)
Exhibit 51 Incremental Growth by End-user 2019−2025 (Revenue)
Exhibit 52 Automated Guided Vehicle Market by End-user: Overview
Exhibit 53 Market by End-user 2019 (Revenue & Unit Shipments)
Exhibit 54 Global Market by Various End-user Types 2019−2025 ($ million)
Exhibit 55 Global Automotive Market 2019−2025 ($ million)
Exhibit 56 Global Automotive Market 2019−2025 (thousand units)
Exhibit 57 Global Retail Market 2019−2025 ($ million)
Exhibit 58 Global E-commerce Sales ($ trillion)
Exhibit 59 Global Retail Market 2019−2025 (thousand units)
Exhibit 60 Examples of E-commerce Sales
Exhibit 61 Global F&B Market 2019−2025 ($ million)
Exhibit 62 Key Trends in Food & Beverage Sector
Exhibit 63 Application of AGVs in F&B Segment
Exhibit 64 Global F&B Market 2019−2025 (thousand units)
Exhibit 65 Global Healthcare Market 2019−2025 ($ million)
Exhibit 66 Requirements of AGV Integration in Healthcare Facilities
Exhibit 67 Types of AGVs Used in Healthcare Segment
Exhibit 68 Global Healthcare Market 2019−2025 (thousand units)
Exhibit 69 Global Aerospace Market 2019−2025 ($ million)
Exhibit 70 Global Aerospace Market 2019−2025 (thousand units)
Exhibit 71 Global Other AGV Market 2019−2025 ($ million)
Exhibit 72 Global Other AGV Market 2019−2025 (thousand units)
Exhibit 73 Incremental Growth by Geography 2019-2025 (Revenue)
Exhibit 74 Market Share of Geographies in Global Automated Guided Vehicle Market 2019 & 2025 (Revenue)
Exhibit 75 Market Share of Geographies in Global Automated Guided Vehicle Market 2019 & 2025 (Unit Shipments)
Exhibit 76 North America: Retail E-commerce Sales
Exhibit 77 North America Automated Guided Vehicle Market 2019−2025 ($ million)
Exhibit 78 North America Market 2019−2025 (thousand units)
Exhibit 79 Incremental Growth by Country 2019-2025 (Revenue)
Exhibit 80 US Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 81 Canada Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 82 Europe Automated Guided Vehicle Market 2019−2025 ($ million)
Exhibit 83 Internet Penetration in Europe by Region 2018
Exhibit 84 Europe Market 2019−2025 (thousand units)
Exhibit 85 Incremental Growth by Country 2019-2025 (Revenue)
Exhibit 86 UK Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 87 Germany Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 88 France Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 89 Spain Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 90 Italy Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 91 Nordic Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 92 APAC Automated Guided Vehicle Market 2019−2025 ($ million)
Exhibit 93 APAC Market 2019−2025 (thousand units)
Exhibit 94 Incremental Growth by Country 2019-2025 (Revenue)
Exhibit 95 China Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 96 Japan Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 97 Australia Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 98 South Korea Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 99 Latin America: GDP Growth Rate (2018)
Exhibit 100 Latin America Automated Guided Vehicle Market 2019−2025 ($ million)
Exhibit 101 Latin America Market 2019−2025 (thousand units)
Exhibit 102 Incremental Growth by Country 2019-2025 (Revenue)
Exhibit 103 Brazil Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 104 Mexico Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 105 Argentina Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 106 MEA Automated Guided Vehicle Market 2019−2025 ($ million)
Exhibit 107 MEA Market 2019−2025 (thousand units)
Exhibit 108 Incremental Growth by Country 2019-2025 (Revenue)
Exhibit 109 Saudi Arabia Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 110 South Africa Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 111 UAE Market 2019-2025 (Revenue & Unit Shipments)
Exhibit 112 Major AGV Suppliers 2019
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2014−2019
Table 3 Differences Between Automated Guided Vehicles and Self Driving Vehicles
Table 4 Average Minimum Wages in Various APAC Countries
Table 5 Global Tow Vehicles Market: Revenue by Geography 2019-2025 ($ million)
Table 6 Global Tow Vehicles Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 7 Global Unit Load Market: Revenue by Geography 2019-2025 ($ million)
Table 8 Global Unit Load Automated Guided Vehicle Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 9 Global Forklift Trucks Market: Revenue by Geography 2019-2025 ($ million)
Table 10 Global Forklift Trucks Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 11 Global Pallet Trucks Market: Revenue by Geography 2019-2025 ($ million)
Table 12 Global Pallet Trucks Automated Guided Vehicle Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 13 Global AGC Market: Revenue by Geography 2019-2025 ($ million)
Table 14 Global AGC Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 15 Global Other AGV Market: Revenue by Geography 2019-2025 ($ million)
Table 16 Global Other AGV Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 17 Benefits of Laser Guided Vehicles
Table 18 Global Laser Guidance Market: Revenue by Geography 2019-2025 ($ million)
Table 19 Global Laser Guidance Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 20 Global Natural Guidance Automated Guided Vehicle Market: Revenue by Geography 2019-2025 ($ million)
Table 21 Global Natural Guidance Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 22 Global Inductive Guidance Market: Revenue by Geography 2019-2025 ($ million)
Table 23 Global Inductive Guidance Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 24 Specifications for Magnetic Guided Vehicle
Table 25 Global Magnetic Guidance Market: Revenue by Geography 2019-2025 ($ million)
Table 26 Global Magnetic Guidance Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 27 Global Vision Guidance Market: Revenue by Geography 2019-2025 ($ million)
Table 28 Global Vision Guidance Automated Guided Vehicle Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 29 Global Other AGV Market: Revenue by Geography 2019-2025 ($ million)
Table 30 Global Other AGV Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 31 Global Automotive Market: Revenue by Geography 2019-2025 ($ million)
Table 32 Global Automotive Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 33 List of Retailers & Overall Web Sales in 2018
Table 34 Global Retail Automated Guided Vehicle Market: Revenue by Geography 2019-2025 ($ million)
Table 35 Global Retail Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 36 Global F&B Market: Revenue by Geography 2019-2025 ($ million)
Table 37 Global F&B Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 38 Global Healthcare Market: Revenue by Geography 2019-2025 ($ million)
Table 39 Global Healthcare Automated Guided Vehicle Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 40 Global Aerospace Market: Revenue by Geography 2019-2025 ($ million)
Table 41 Global Aerospace Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 42 Global Others AGV Market: Revenue by Geography 2019-2025 ($ million)
Table 43 Global Others AGV Market: Unit Shipments by Geography 2019-2025 (thousand units)
Table 44 Different Online Websites in Preferable Sequence for Product Purchase
Table 45 North America Market by Product: Revenue 2019-2025 ($ million)
Table 46 North America Market by Product: Unit Shipments 2019-2025 (thousand units)
Table 47 North America Automated Guided Vehicle Market by Navigation: Revenue 2019-2025 ($ million)
Table 48 North America Market by Navigation: Unit Shipments 2019-2025 (thousand units)
Table 49 North America Market by End-user: Revenue 2019-2025 ($ million)
Table 50 North America Market by End-user: Unit Shipments 2019-2025 (thousand units)
Table 51 Europe Market by Product: Revenue 2019-2025 ($ million)
Table 52 Europe Market by Product: Unit Shipments 2019-2025 (thousand units)
Table 53 Europe Market by Navigation: Revenue 2019-2025 ($ million)
Table 54 Europe Market by Navigation: Unit Shipments 2019-2025 (thousand units)
Table 55 Europe Market by End-user: Revenue 2019-2025 ($ million)
Table 56 Europe Automated Guided Vehicle Market by End-user: Unit Shipments 2019-2025 (thousand units)
Table 57 APAC Market by Product: Revenue 2019-2025 ($ million)
Table 58 APAC Market by Product: Unit Shipments 2019-2025 (thousand units)
Table 59 APAC Market by Navigation: Revenue 2019-2025 ($ million)
Table 60 APAC Market by Navigation: Unit Shipments 2019-2025 (thousand units)
Table 61 APAC Market by End-user: Revenue 2019-2025 ($ million)
Table 62 APAC Automated Guided Vehicle Market by End-user: Unit Shipments 2019-2025 (thousand units)
Table 63 Latin America Market by Product: Revenue 2019-2025 ($ million)
Table 64 Latin America Market by Product: Unit Shipments 2019-2025 (thousand units)
Table 65 Latin America Automated Guided Vehicle Market by Navigation: Revenue 2019-2025 ($ million)
Table 66 Latin America Market by Navigation: Unit Shipments 2019-2025 (thousand units)
Table 67 Latin America Market by End-user: Revenue 2019-2025 ($ million)
Table 68 Latin America Market by End-user: Unit Shipments 2019-2025 (thousand units)
Table 69 MEA Market by Product: Revenue 2019-2025 ($ million)
Table 70 MEA Automated Guided Vehicle Market by Product: Unit Shipments 2019-2025 (thousand units)
Table 71 MEA Market by Navigation: Revenue 2019-2025 ($ million)
Table 72 MEA Market by Navigation: Unit Shipments 2019-2025 (thousand units)
Table 73 MEA Market by End-user: Revenue 2019-2025 ($ million)
Table 74 MEA Market by End-user: Unit Shipments 2019-2025 (thousand units)
Table 75 South Africa: Ranking of Shopping Websites
Table 76 Market Vendor Ranking Analysis 2019
Table 77 Key Product Offerings: Daifuku
Table 78 Key Product Offerings: JBT Corporation
Table 79 Product Offerings: Kion Group
Table 80 Key Product Offerings: Toyota Industries
Table 81 Global Market by Geography 2019-2025 ($ million)
Table 82 Global Market by Geography 2019-2025 (thousand units)
Table 83 Automated Guided Vehicle Market in North America by Product: 2019-2025 ($ million)
Table 84 Market in North America by Product: 2019-2025 (thousand units)
Table 85 Market in North America by Navigation: 2019-2025 ($ million)
Table 86 Market in North America by Navigation: 2019-2025 (thousand units)
Table 87 Market in North America by End-user: 2019-2025 ($ million)
Table 88 Market in North America by End-user: 2019-2025 (thousand units)
Table 89 Automated Guided Vehicle Market in Europe by Product: 2019-2025 ($ million)
Table 90 Market in Europe by Product: 2019-2025 (thousand units)
Table 91 Market in Europe by Navigation: 2019-2025 ($ million)
Table 92 Market in Europe by Navigation: 2019-2025 (thousand units)
Table 93 Market in Europe by End-user: 2019-2025 ($ million)
Table 94 Market in Europe by End-user: 2019-2025 (thousand units)
Table 95 Automated Guided Vehicle Market in APAC by Product: 2019-2025 ($ million)
Table 96 Market in APAC by Product: 2019-2025 (thousand units)
Table 97 Market in APAC by Navigation: 2019-2025 ($ million)
Table 98 Market in APAC by Navigation: 2019-2025 (thousand units)
Table 99 Market in APAC by End-user: 2019-2025 ($ million)
Table 100 Market in APAC by End-user: 2019-2025 (thousand units)
Table 101 Automated Guided Vehicle Market in Latin America by Product: 2019-2025 ($ million)
Table 102 Market in Latin America by Product: 2019-2025 (thousand units)
Table 103 Market in Latin America by Navigation: 2019-2025 ($ million)
Table 104 Market in Latin America by Navigation: 2019-2025 (thousand units)
Table 105 Market in Latin America by End-user: 2019-2025 ($ million)
Table 106 Market in Latin America by End-user: 2019-2025 (thousand units)
Table 107 Automated Guided Vehicle Market in MEA by Product: 2019-2025 ($ million)
Table 108 Market in MEA by Product: 2019-2025 (thousand units)
Table 109 Market in MEA by Navigation: 2019-2025 ($ million)
Table 110 Automated Guided Vehicle Market in MEA by Navigation: 2019-2025 (thousand units)
Table 111 Market in MEA by End-user: 2019-2025 ($ million)
Table 112 Market in MEA by End-user: 2019-2025 (thousand units)
Table 113 Global Market by Product: Revenue 2019-2025 ($ million)
Table 114 Global Market by Product: Unit Shipment 2019-2025 (thousand units)
Table 115 Market by AGCs segment: Geography 2019-2025 ($ million)
Table 116 Market by AGCs segment: Geography 2019-2025 (thousand units)
Table 117 Market by Tow Vehicles segment: Geography 2019-2025 ($ million)
Table 118 Automated Guided Vehicle Market by Tow Vehicles segment: Geography 2019-2025 (thousand units)
Table 119 Market by Unit Load Vehicles segment: Geography 2019-2025 ($ Million)
Table 120 Market by Unit Load Vehicles segment: Geography 2019-2025 (thousand units)
Table 121 Market by Pallet Trucks segment: Geography 2019-2025 ($ Million)
Table 122 Market by Pallet Trucks segment: Geography 2019-2025 (thousand units)
Table 123 Market by Forklift Trucks segment: Geography 2019-2025 ($ million)
Table 124 Automated Guided Vehicle Market by Forklift Trucks segment: Geography 2019-2025 (thousand units)
Table 125 Market by Others segment: Geography 2019-2025 ($ million)
Table 126 Market by Others segment: Geography 2019-2025 (thousand units)
Table 127 Global Market by Navigation: Revenue 2019-2025 ($ million)
Table 128 Global Market by Navigation: Unit Shipment 2019-2025 (thousand units)
Table 129 Automated Guided Vehicle Market by Natural Guidance segment: Geography 2019-2025 ($ Million)
Table 130 Market by Natural Guidance segment: Geography 2019-2025 (thousand units)
Table 131 Market by Laser Guidance segment: Geography 2019-2025 ($ Million)
Table 132 Market by Laser Guidance segment: Geography 2019-2025 (thousand units)
Table 133 Automated Guided Vehicle Market by Inductive Guidance segment: Geography 2019-2025 ($ million)
Table 134 Market by Inductive Guidance segment: Geography 2019-2025 (thousand units)
Table 135 Market by Magnetic Guidance segment: Geography 2019-2025 ($ Million)
Table 136 Market by Magnetic Guidance segment: Geography 2019-2025 (thousand units)
Table 137 Automated Guided Vehicle Market by Vision Guidance segment: Geography 2019-2025 ($ million)
Table 138 Market by Vision Guidance segment: Geography 2019-2025 (thousand units)
Table 139 Market by Others segment: Geography 2019-2025 ($ million)
Table 140 Market by Others segment: Geography 2019-2025 (thousand units)
Table 141 Global Market by End-user: Revenue 2019-2025 ($ million)
Table 142 Global Market by End-user: Unit Shipment 2019-2025 (thousand units)
Table 143 Automated Guided Vehicle Market by Automotive segment: Geography 2019-2025 ($ million)
Table 144 Market by Automotive segment: Geography 2019-2025 (thousand units)
Table 145 Market by Retail segment: Geography 2019-2025 ($ million)
Table 146 Market by Retail segment: Geography 2019-2025 (thousand units)
Table 147 Automated Guided Vehicle Market by Food & Beverage segment: Geography 2019-2025 ($ million)
Table 148 Market by Food & Beverage segment: Geography 2019-2025 (thousand units)
Table 149 Market by Healthcare segment: Geography 2019-2025 ($ million)
Table 150 Market by Healthcare segment: Geography 2019-2025 (thousand units)
Table 151 Market by Aerospace segment: Geography 2019-2025 ($ million)
Table 152 Market by Aerospace segment: Geography 2019-2025 (thousand units)
Table 153 Market by Others segment: Geography 2019-2025 ($ million)
Table 154 Market by Others segment: Geography 2019-2025 (thousand units)
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