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Automated Guided Vehicles Market Report by Type, Mode of Operation, Navigation Technology, Application, Industry, and Region 2024-2032

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    Report

  • 149 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5834365
Description Jump to:
The global automated guided vehicles market size reached US$ 4.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 12.7 Billion by 2032, exhibiting a growth rate (CAGR) of 13.1% during 2023-2032.

Automated guided vehicles (AGV) refer to self-guided material handling systems or load carriers that help move and carry products autonomously across distribution centers, warehouses, or manufacturing facilities. They operate by following adjustable guidelines with the help of installed sensors and help optimize transportation while picking and storing items. They are generally installed and programmed to move pallets, carts, and trays between different manufacturing and warehousing facilities, thereby enhancing the overall efficiency, which results in increased output. AGVs provide several benefits, such as lowering labor costs and product damage, improving productivity, and supporting automated processes, due to which they are widely utilized by transportation and logistics companies across the globe.

Automated Guided Vehicles Market Trends:

The market is primarily driven by the rising demand for automated warehouse solutions due to the flourishing e-commerce platforms. The demand for AGVs is further supported by the escalating need for high efficiency in material handling processes across different industries, such as automotive, healthcare, and food and beverages (F&B). Besides this, the increasing awareness regarding worker safety and the widespread preference for laser guided AGVs for achieving greater precision and flexibility are positively impacting the market. Significant investments in industrial automation projects are also acting as another major growth-inducing factor for the market. Moreover, AGVs are widely deployed for numerous Industry 4.0 solutions as their usage is often complementary with RFID tags and 5G networks, which, in turn, is facilitating their adoption. Furthermore, rapid industrialization, continual product innovations, augmenting demand for effectively managing plant assets, and extensive research and development (R&D) activities are some of the other factors that are providing a considerable boost to the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global automated guided vehicles market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, mode of operation, navigation technology, application, and industry.

Breakup by Type:

Tow Vehicles
Unit Load Carriers
Pallet Trucks
Assembly Line Vehicles
Forklift Trucks

Breakup by Mode of Operation:

Indoor
Outdoor

Breakup by Navigation Technology:

Laser Guidance
Magnetic Guidance
Inductive Guidance
Optical Tape Guidance
Vision Guidance
Others

Breakup by Application:

Transportation
Distribution
Storage
Assembly
Packaging
Waste Handling

Breakup by Industry:

Automotive
Manufacturing
Food and Beverages
Aerospace
Healthcare
Logistics
Retail
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bastian Solutions LLC (Toyota Industries Corporation), Daifuku Co. Ltd., Ek Robotics Gmbh, IKV Robot Nanchang Co. Ltd., John Bean Technologies Corporation, Jungheinrich AG, Kion Group AG, KUKA Aktiengesellschaft, Murata Machinery Ltd., Schaefer Systems International Pvt Ltd., Scott Systems International Inc. and Simplex Robotics Pvt. Ltd.

Key Questions Answered in This Report

1. What was the size of the global automated guided vehicles market in 2023?
2. What is the expected growth rate of the global automated guided vehicles market during 2024-2032?
3. What are the key factors driving the global automated guided vehicles market?
4. What has been the impact of COVID-19 on the global automated guided vehicles market?
5. What is the breakup of the global automated guided vehicles market based on the type?
6. What is the breakup of the global automated guided vehicles market based on the mode of operation?
7. What is the breakup of the global automated guided vehicles market based on the navigation technology?
8. What are the key regions in the global automated guided vehicles market?
9. Who are the key players/companies in the global automated guided vehicles market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automated Guided Vehicles Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Tow Vehicles
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Unit Load Carriers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Pallet Trucks
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Assembly Line Vehicles
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Forklift Trucks
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Mode of Operation
7.1 Indoor
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Outdoor
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Navigation Technology
8.1 Laser Guidance
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Magnetic Guidance
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Inductive Guidance
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Optical Tape Guidance
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Vision Guidance
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Transportation
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Distribution
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Storage
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Assembly
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Packaging
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Waste Handling
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Industry
10.1 Automotive
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manufacturing
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Food and Beverages
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Aerospace
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Healthcare
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Logistics
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Retail
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Bastian Solutions LLC (Toyota Industries Corporation)
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Daifuku Co. Ltd.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.3 Ek Robotics Gmbh
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 IKV Robot Nanchang Co. Ltd.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 John Bean Technologies Corporation
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 Jungheinrich AG
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 Kion Group AG
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 KUKA Aktiengesellschaft
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Murata Machinery Ltd.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Schaefer Systems International Pvt Ltd.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Scott Systems International Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.12 Simplex Robotics Pvt. Ltd.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Automated Guided Vehicles Market: Major Drivers and Challenges
Figure 2: Global: Automated Guided Vehicles Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Automated Guided Vehicles Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Automated Guided Vehicles Market: Breakup by Type (in %), 2023
Figure 5: Global: Automated Guided Vehicles Market: Breakup by Mode of Operation (in %), 2023
Figure 6: Global: Automated Guided Vehicles Market: Breakup by Navigation Technology (in %), 2023
Figure 7: Global: Automated Guided Vehicles Market: Breakup by Application (in %), 2023
Figure 8: Global: Automated Guided Vehicles Market: Breakup by Industry (in %), 2023
Figure 9: Global: Automated Guided Vehicles Market: Breakup by Region (in %), 2023
Figure 10: Global: Automated Guided Vehicles (Tow Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Automated Guided Vehicles (Tow Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Automated Guided Vehicles (Unit Load Carriers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Automated Guided Vehicles (Unit Load Carriers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Automated Guided Vehicles (Pallet Trucks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Automated Guided Vehicles (Pallet Trucks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Automated Guided Vehicles (Assembly Line Vehicles) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Automated Guided Vehicles (Assembly Line Vehicles) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Automated Guided Vehicles (Forklift Trucks) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Automated Guided Vehicles (Forklift Trucks) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Automated Guided Vehicles (Indoor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Automated Guided Vehicles (Indoor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Automated Guided Vehicles (Outdoor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Automated Guided Vehicles (Outdoor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Automated Guided Vehicles (Laser Guidance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Automated Guided Vehicles (Laser Guidance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Automated Guided Vehicles (Magnetic Guidance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Automated Guided Vehicles (Magnetic Guidance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Automated Guided Vehicles (Inductive Guidance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Automated Guided Vehicles (Inductive Guidance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Automated Guided Vehicles (Optical Tape Guidance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Automated Guided Vehicles (Optical Tape Guidance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Automated Guided Vehicles (Vision Guidance) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Automated Guided Vehicles (Vision Guidance) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Automated Guided Vehicles (Other Navigation Technologies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Automated Guided Vehicles (Other Navigation Technologies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Automated Guided Vehicles (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Automated Guided Vehicles (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Automated Guided Vehicles (Distribution) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Automated Guided Vehicles (Distribution) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Automated Guided Vehicles (Storage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Automated Guided Vehicles (Storage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Automated Guided Vehicles (Assembly) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Automated Guided Vehicles (Assembly) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Automated Guided Vehicles (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Automated Guided Vehicles (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Automated Guided Vehicles (Waste Handling) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Automated Guided Vehicles (Waste Handling) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: Automated Guided Vehicles (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: Automated Guided Vehicles (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Global: Automated Guided Vehicles (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Global: Automated Guided Vehicles (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Global: Automated Guided Vehicles (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Global: Automated Guided Vehicles (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Global: Automated Guided Vehicles (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Global: Automated Guided Vehicles (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Global: Automated Guided Vehicles (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Global: Automated Guided Vehicles (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Global: Automated Guided Vehicles (Logistics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Global: Automated Guided Vehicles (Logistics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Global: Automated Guided Vehicles (Retail) Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Global: Automated Guided Vehicles (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Global: Automated Guided Vehicles (Other Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Global: Automated Guided Vehicles (Other Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: North America: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: North America: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: United States: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: United States: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Canada: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Canada: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Asia-Pacific: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Asia-Pacific: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: China: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: China: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Japan: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Japan: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: India: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: India: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: South Korea: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: South Korea: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Australia: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Australia: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Indonesia: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Indonesia: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Others: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Others: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Europe: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Europe: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Germany: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: Germany: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: France: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: France: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: United Kingdom: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: United Kingdom: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Italy: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Italy: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Spain: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Spain: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Russia: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 99: Russia: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 100: Others: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 101: Others: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 102: Latin America: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 103: Latin America: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 104: Brazil: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 105: Brazil: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 106: Mexico: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 107: Mexico: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 108: Others: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 109: Others: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 110: Middle East and Africa: Automated Guided Vehicles Market: Sales Value (in Million US$), 2018 & 2023
Figure 111: Middle East and Africa: Automated Guided Vehicles Market: Breakup by Country (in %), 2023
Figure 112: Middle East and Africa: Automated Guided Vehicles Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 113: Global: Automated Guided Vehicles Industry: SWOT Analysis
Figure 114: Global: Automated Guided Vehicles Industry: Value Chain Analysis
Figure 115: Global: Automated Guided Vehicles Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automated Guided Vehicles Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Automated Guided Vehicles Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Automated Guided Vehicles Market Forecast: Breakup by Mode of Operation (in Million US$), 2024-2032
Table 4: Global: Automated Guided Vehicles Market Forecast: Breakup by Navigation Technology (in Million US$), 2024-2032
Table 5: Global: Automated Guided Vehicles Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Automated Guided Vehicles Market Forecast: Breakup by Industry (in Million US$), 2024-2032
Table 7: Global: Automated Guided Vehicles Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Automated Guided Vehicles Market: Competitive Structure
Table 9: Global: Automated Guided Vehicles Market: Key Players

Companies Mentioned

  • Bastian Solutions LLC (Toyota Industries Corporation)
  • Daifuku Co. Ltd.
  • Ek Robotics Gmbh
  • IKV Robot Nanchang Co. Ltd.
  • John Bean Technologies Corporation
  • Jungheinrich AG
  • Kion Group AG
  • KUKA Aktiengesellschaft
  • Murata Machinery Ltd.
  • Schaefer Systems International Pvt Ltd.
  • Scott Systems International Inc.
  • Simplex Robotics Pvt. Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages149
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 4.2 Billion
Forecasted Market Value ( USD ) by 2032 $ 12.7 Billion
Compound Annual Growth Rate13.1%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Automated Guided Vehicle Market

The Automated Guided Vehicle (AGV) market is a subset of the Industrial Automation industry. AGVs are autonomous robots that are used to transport goods and materials in a variety of industrial settings. AGVs are typically used in warehouses, factories, and other industrial facilities to move materials from one location to another. They are also used in hospitals and other healthcare facilities to transport medical supplies and equipment. AGVs are becoming increasingly popular due to their ability to reduce labor costs and improve efficiency. AGVs are typically equipped with sensors and navigation systems that allow them to navigate around obstacles and follow predetermined paths. They can also be programmed to perform specific tasks, such as loading and unloading materials. AGVs are becoming increasingly sophisticated, with the ability to communicate with other robots and machines in the facility. Some of the major companies in the AGV market include Kuka, Fetch Robotics, Omron, and Mobile Industrial Robots. These companies offer a variety of AGV solutions, ranging from basic models to more advanced systems. Show Less Read more

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