Automated Guided Vehicle (AGV) Market Size, Share & Industry Analysis, By Type (Unit Load Carrier, Forklift Truck, Mobile Robots and Others), By Navigation Technology (Laser Guided, Magnetic Guided, Vision Guided and Others), By Application (Transportation & Distribution, Storage & Assembly, Packaging), By Industry (Automotive, Food & Beverage, E-Commerce and Others) and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Automated Guided Vehicle (AGV) Market with respect to COVID-19 Business Impact.
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This report focuses on the Automated Guided Vehicle (AGV) market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Automated Guided Vehicle (AGV) market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Automated Guided Vehicle (AGV) Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Automated Guided Vehicle (AGV) Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Automated Guided Vehicle (AGV) Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Prominent Players Offering Novel Solutions to Intensify Competition
Leading players such as Toyota Advanced Logistics, Daifuku Co., Ltd., Dematic, The Raymond Corporation, and HIT Robot Group have a dominant position, holding approximately 50-60% of the overall automated guided vehicles market share. These manufacturers are focusing on setting up their plants in emerging economies in order to maintain their market share. These economies are proving to be cost-effective and yield high output for the companies as they have an abundance of resources coupled with government initiatives to boost the manufacturing sector. Moreover, these players are investing in R&D in order to integrate latest technologies to improve the performance. For instance, in October 2019, HRG (HIT Robot Group) launched its new AGVs which integrates simultaneous localization and mapping, or SLAM, to move on the floors of industries or facilities.

List of Key Companies Profiled:

  
Toyota Advanced Logistics
  
Daifuku Co., Ltd.
  
Dematic
  
The Raymond Corporation
  
Kollmorgen
  
AGVE Group
  
KION GROUP AG
  
ELETTRIC80 S.P.A.
  
Seegrid Corporation
  
SI Systems, LLC.
  
Scott
  
HIT Robot Group

REPORT COVERAGE

The automated guided vehicle market report offers an elaborative analysis of numerous factors affecting the global automated guided vehicle (AGV) market. These include opportunities, growth drivers, threats, key developments, and restraints. In addition to this, it further helps in analysing, segmenting, and defining the market based on different segments such as type, navigation technology, application and industry. It strategically analyses several strategies such as product innovations, mergers, alliances, joint ventures, and acquisitions adopted by players in the industry.

Report Scope & Segmentation

Segmentation

By Type

  
Unit Load Carrier
  
Forklift Truck
  
Mobile Robots
  
Other (Tuggers, etc.)

By Navigation Technology

  
Laser Guided
  
Magnetic Guided
  
Vision Guided
  
Others (Wire Guided, etc.)

By Application

  
UTransportation & Distribution
  
Storage & Assembly
  
Packaging

By Industry

  
Automotive
  
Food & Beverage
  
E-commerce
  
Others (Healthcare, etc.)

By Region

  
North America (the U.S. and Canada)
  
Europe (U.K., Germany, France, Italy and Rest of Europe)
  
Asia-Pacific (Japan, China, India, Southeast Asia, and Rest of Asia-Pacific)
  
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
  
Latin America (Brazil, Mexico, and Rest of Latin America)

INDUSTRY DEVELOPMENT:

April 2019: Daifuku Co., Ltd. acquired India-based material handling equipment manufacturer, Vega Conveyors and Automation. This strategic development focuses on entire FA&DA manufacturing facility at Vegas present manufacturing facility in Telangana.

April 2019: Brose Fahrzeugteile GmbH & Co. KG, an automotive parts supplier, announced its investment in installing AGVs at its Coventry factory. This investment eliminates human error along with speeding up the movement of the finished goods.