Report Scope:
In this report, the market has been segmented based on type, application, industry, navigation technology, battery type and geography. The report provides an overview of the global market for AGVs and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period from 2020 through 2025. Revenue forecasts for this period are based on type, application, industry and geography. Market values have been estimated based on total revenues of the AGV manufacturers.
The report covers the market for AGVs with regards to their applications and types across different regions. It also focuses on the major trends and challenges that affect the market and the vendor landscape.
Report Includes:
- 39 data tables and 16 additional tables
- An updated overview of the global market for automated guided vehicles (AGV) and related technology segments
- Analyses of the global market trends, with data from 2019 to 2020, estimates for 2021 and 2023, and projections of compound annual growth rates (CAGRs) through 2025
- Review of current industry players, including manufacturers of AGV metrology, equipment suppliers, technology developers and future market participants
- Estimation of market size and revenue forecast for AGV, and corresponding market share analysis by type of vehicle, navigation technology, battery type, application and region for key market segments
- Discussion of the types of solutions and applications implemented by manufacturers
- Highlights of global R&D activities and new technological developments related to AGV system during the past few years, while outlining technical issues and challenges
- Impact analysis of COVID-19 pandemic on the growth of AGVs market as against the overall global economic outlook
- Competitive landscape featuring prominent companies in the AGV market and their global rankings
- Profile description of the market leading corporations, including Amerden Inc., ECA Group, GridBots, KION Group, Oceaneering International Inc. and SeeGrid
Summary:
An automatic guided vehicle (AGV) is a type of industrial robot mainly controlled by a computer. An AGV has functions such as mobile device, automatic navigation, multi-sensor control and network interaction. The most important use of AGVs in production or manufacturing is to load and carry raw materials and components. Industries and verticals that require material handling find AGV applications. One factor leading to the growth of the market for AGVs is the increase in the number of industrial and production facilities across the globe. The industries use AGVs for applications such as logistics and warehousing, transportation, assembly line, packaging, trailer loading and unloading, and raw material
handling. AGVs make the production processes more productive and efficient with less human contact; thus, also help to eliminate accidents during the processes.
Leading players in the market for AGVs include Daifuku, JBT, SEEGRID, Toyota Industries, Hyster-Yale Materials Handling, E&K Automation GmbH, Dematic, Schaefer Systems, and Scott. All of these companies are investing in material handling technology used in manufacturing facilities to help improve operations and serve their customers. Increasing collaborations and mergers and acquisitions, along with product development and launches, are expected to optimize the environmental and economic advantages by enhancing and utilizing new and innovative ideas and technologies.
While industrial manufacturing and warehousing logistics are the main applications of AGVs, considering the COVID-19 situation as an opportunity, service robots are likely to join in rapid growth. Moreover, with the development in AGV technology, special applications will also grow rapidly.
The coronavirus outbreak is speeding up the adoption of the fourth industrial revolution (Industry 4.0), leading enterprises across industries to deploy more sophisticated implementations of internet of things (IoT) technology and workflow. Some manufacturers have halted their production processes completely; some, such as automotive and industries manufacturers, have seen greatly reduced demand; and others, such as e-commerce and food and beverage, have seen massive increases in demand. The crisis has affected every manufacturer in some way, and for many, it poses an existential threat.
The global market for AGVswas valued at REDACTED in 2019 and is forecast to reach REDACTED by 2025, growing at a CAGR of REDACTED during the forecast period. The use of AGVs has resulted in higher productivity, greater revenue generation and better resource allocation, since the repetitive tasks are performed by AGVs. This has also created safe environments at workplaces, reduced accidents and efficient operations, thus, giving a boost to the growth and opportunities of the AGV market.
The global market for AGVs is segmented based on type, battery type, navigation technology, industry, application and geography. In terms of type, the market is categorized into Tow Vehicles/Tuggers, Unit Load Carriers, Pallet Trucks/Movers, Assembly Line Vehicles, Forklift Vehicles and Others. The market by battery type is segmented into Lead Battery, Lithium-Ion Battery, Nickel-based Battery and Others. The market for AGVs by navigation technology is segmented into Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance and Others. The market by application is segmented into Manufacturing andWarehousing/Distribution. The market by industry includes Automotive, Industrial, Food and Beverages, Healthcare, Electrical and Electronics, Aviation, E-commerce, and Others. Regions covered in the report include North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW), which includes South America and the Middle East and Africa (MEA).
Automated Guided Vehicles: Global Market
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Scope of Report
Reasons for Doing This Study
Intended Audiences
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Overview
Impact of COVID-19 on AGV Market
Market Drivers
Material Handling and Warehouse Automation
e-commerce
Growing Safety of Workers Across Industries with Increased Productivity
Market Challenges
Emerging Markets Have Cheap Unskilled Labor
High Setup Cost
Market Opportunities
Industry 4.0 Combined with Robotics
Chapter 4 Market Breakdown by Navigation Technology
Introduction
Laser Guidance
Magnetic Guidance
Inductive Guidance
Optical Tape Guidance
Vision Guidance
Others
Chapter 5 Market Breakdown by Battery Type
Introduction
Lead Batteries
Lithium-ion Batteries
Nickel-based Battery
Chapter 6 Market Breakdown by Application
Introduction
Manufacturing
Warehouse/Distribution
Chapter 7 Market Breakdown by Type
Introduction
Tow Vehicles/Tuggers
Unit Load Carriers
Pallet Trucks/Movers
Assembly Line Vehicles
Forklift Vehicles
Others
Chapter 8 Market Breakdown by Industry
Introduction
Automotive
Use Case: BMW Group and DS Automation Collaboration
Food and Beverages
Use Case: PepsiCo Partnered with System Logistics
Healthcare
Use Case: Pfizer and Egemin Collaboration
Electrical and Electronics
Industrial
Use Case: Sinopec's Intelligent Warehouse
Aviation
E-commerce
Use Case: Amazon and Kiva-Systems
Others
Chapter 9 Market Breakdown by Region
Introduction
North America
United States
Canada
Mexico
APAC
China
Japan
India
South Korea
Rest of APAC
Europe
Germany
United Kingdom
France
Rest of Europe
Rest of the World (RoW)
Chapter 10 Competitive Landscape
Types of Players in the Market
Market Leaders
Market Challengers
Niche Players
Prominent Market Players
Top-Ranked Companies
Daifuku
JBT
KION Group
KUKA
Toyota Industries
Chapter 11 Company Profiles
ADDVERB TECHNOLOGIES
AGV INTERNATIONAL
AMERDEN, INC.
AMERICA IN MOTION INC.
BASTIAN SOLUTIONS, INC.
DAIFUKU
DANBACH ROBOT JIANGXI INC.
DS AUTOMOTION GMBH
E&K AUTOMATION
ECA GROUP
ECHKART
FLEXQUBE
GRENZEBACH MASCHINENBAU GMBH
GREYORANGE
GRIDBOTS
THE HI-TECH ROBOTIC SYSTEMZ LTD.
HYSTER-YALE MATERIALS HANDLING INC.
IAM ROBOTICS
IKV ROBOT
JOHN BEAN TECHNOLOGIES CORP.
JUNGHEINRICH LIFT TRUCK LTD.
KION GROUP AG
KNAPP
KUKA AG
MEIDEN AMERICA
MURATA MACHINERY, LTD.
OCEANEERING INTERNATIONAL INC.
REDVIKING
ROCLA PTY., LTD.
SAVANT AUTOMATION
SCOTT AUTOMATION & ROBOTICS
SEEGRID
SHENZHEN CASUN INTELLIGENT ROBOT CO., LTD.
SSI SCHAEFER
SUZHOU AGV ROBOT LTD.
SWISSLOG HOLDING AG
TOYOTA INDUSTRIES
TRANSBOTICS
UNCEASE AUTOMATION PVT., LTD.
WARD SYSTEMS, INC.
Chapter 12 Appendix: List of Acronyms
List of Tables
Summary Table : Global Market for Automated Guided Vehicles (AGVs), by Region, Through 2025
Table 1 : Global Market for AGVs, by Navigation Technology, Through 2025
Table 2 : Global Market for AGVs, by Battery Type, Through 2025
Table 3 : Global Market for AGVs, by Application, Through 2025
Table 4 : Global Market for AGVs in Manufacturing Applications, by Region, Through 2025
Table 5 : Global Market for AGVs in Warehouse/Distribution Applications, by Region, Through 2025
Table 6 : Global Market for AGVs, by Type, Through 2025
Table 7 : Global Market for Tow Vehicles/Tuggers, by Region, Through 2025
Table 8 : Global Market for Unit Load Carriers, by Region, Through 2025
Table 9 : Global Market for Pallet Trucks/Movers, by Region, Through 2025
Table 10 : Global Market for Assembly Line Vehicles, by Region, Through 2025
Table 11 : Global Market for Forklift Vehicles, by Region, Through 2025
Table 12 : Global Market for Other Types of AGVs, by Region, Through 2025
Table 13 : Global Market for AGVs, by End-Use Industry, Through 2025
Table 14 : Global Market for AGVs in Automotive Industry End Uses, by Region, Through 2025
Table 15 : Global Market for AGVs in Food and Beverage Industry End Uses, by Region, Through 2025
Table 16 : Global Market for AGVs in Healthcare Industry End Uses, by Region, Through 2025
Table 17 : Global Market for AGVs in Electrical and Electronics Industry End Uses, by Region, Through 2025
Table 18 : Global Market for AGVs in Industrial End Uses, by Region, Through 2025
Table 19 : Global Market for AGVs in Aviation Industry End Uses, by Region, Through 2025
Table 20 : Global Market for AGVs in E-commerce Industry End Uses, by Region, Through 2025
Table 21 : Global Market for AGVs in Other Industry End Uses, by Region, Through 2025
Table 22 : Global Market for AGVs, by Region, Through 2025
Table 23 : North American Market for AGVs, by Country, Through 2025
Table 24 : North American Market for AGVs, by Type, Through 2025
Table 25 : North American Market for AGVs, by Application, Through 2025
Table 26 : North American Market for AGVs, by End-Use Industry, Through 2025
Table 27 : APAC Market for AGVs, by Country, Through 2025
Table 28 : APAC Market for AGVs, by Type, Through 2025
Table 29 : APAC Market for AGVs, by Application, Through 2025
Table 30 : APAC Market for AGVs, by End-Use Industry, Through 2025
Table 31 : European Market for AGVs, by Country, Through 2025
Table 32 : European Market for AGVs, by Type, Through 2025
Table 33 : European Market for AGVs, by Application, Through 2025
Table 34 : European Market for AGVs, by End-Use Industry, Through 2025
Table 35 : RoW Market for AGVs, by Country, Through 2025
Table 36 : RoW Market for AGVs, by Type, Through 2025
Table 37 : RoW Market for AGVs, by Application, Through 2025
Table 38 : RoW Market for AGVs, by End-Use Industry, Through 2025
Table 39 : America in Motion: Products Offered
Table 40 : Daifuku: Products Offered
Table 41 : Danbach Robot Jiangxi: Products Offered
Table 42 : E&K Automation: Products Offered
Table 43 : Eckhart: Products Offered
Table 44 : GridBots: Products Offered
Table 45 : Hyster-Yale Materials Handling, Inc.: Products Offered
Table 46 : IKV Robot: Products Offered
Table 47 : JBT: Products Offered
Table 48 : Murata Machinery, Ltd.: Products Offered
Table 49 : Oceaneering: Products Offered
Table 50 : Mitsubishi Logisnext: Products Offered
Table 51 : SeeGrid: Products Offered
Table 52 : Toyota Industries: Products Offered
Table 53 : Transbotics: Products Offered
Table 54 : Acronyms Used in This Report
List of Figures
Figure A : Benefits of Automated Guided Vehicle
Summary Figure A : Global Market Shares of Automated Guided Vehicles (AGVs), by Region, 2019
Summary Figure B : Global Market Shares of Automated Guided Vehicles (AGVs), by Region, 2025
Figure 1 : Warehouse Automation Advantages
Figure 2 : Global E-commerce Market Shares, by Top 10 Countries, 2019
Figure 3 : Global Retail E-commerce Sales, 2014-2019
Figure 4 : Global Market Shares of AGVs, by Navigation Technology, 2019
Figure 5 : Global Market Shares of AGVs, by Navigation Technology, 2025
Figure 6 : Global Market Shares of AGVs, by Battery Type, 2019
Figure 7 : Global Market Shares of AGVs, by Battery Type, 2025
Figure 8 : Global Market Shares of AGVs, by Application, 2019
Figure 9 : Global Market Shares of AGVs, by Application, 2025
Figure 10 : Global Market Shares of AGVs in Manufacturing Applications, by Region, 2019
Figure 11 : Global Market Shares of AGVs in Manufacturing Applications, by Region, 2025
Figure 12 : Global Market Shares of AGVs in Warehouse/Distribution Applications, by Region, 2019
Figure 13 : Global Market Shares of AGVs in Warehouse/Distribution Applications, by Region, 2025
Figure 14 : Global Market Shares of AGVs, by Type, 2019
Figure 15 : Global Market Shares of AGVs, by Type, 2025
Figure 16 : Global Market Shares of Tow Vehicles/Tuggers, by Region, 2019
Figure 17 : Global Market Shares of Tow Vehicles/Tuggers, by Region, 2025
Figure 18 : Global Market Shares of Unit Load Carriers, by Region, 2019
Figure 19 : Global Market Shares of Unit Load Carriers, by Region, 2025
Figure 20 : Global Market Shares of Pallet Trucks/Movers, by Region, 2019
Figure 21 : Global Market Shares of Pallet Trucks/Movers, by Region, 2025
Figure 22 : Global Market Shares of Assembly Line Vehicles, by Region, 2019
Figure 23 : Global Market Shares of Assembly Line Vehicles, by Region, 2025
Figure 24 : Global Market Shares of Forklift Vehicles, by Region, 2019
Figure 25 : Global Market Shares of Forklift Vehicles, by Region, 2025
Figure 26 : Global Market Shares of Other Types of AGVs, by Region, 2019
Figure 27 : Global Market Shares of Other Types of AGVs, by Region, 2025
Figure 28 : Global Market Shares of AGVs, by End-Use Industry, 2019
Figure 29 : Global Market Shares of AGVs, by End-Use Industry, 2025
Figure 30 : Global Market Shares of AGVs in Automotive Industry End Uses, by Region, 2019
Figure 31 : Global Market Shares of AGVs in Automotive Industry End Uses, by Region, 2025
Figure 32 : Global Market Shares of AGVs in Food and Beverage Industry End Uses, by Region, 2019
Figure 33 : Global Market Shares of AGVs in Food and Beverage Industry End Uses, by Region, 2025
Figure 34 : Global Market Shares of AGVs in Healthcare Industry End Uses, by Region, 2019
Figure 35 : Global Market Shares of AGVs in Healthcare Industry End Uses, by Region, 2025
Figure 36 : Global Market Shares of AGVs in Electrical and Electronics Industry End Uses, by Region, 2019
Figure 37 : Global Market Shares of AGVs in Electrical and Electronics Industry End Uses, by Region, 2025
Figure 38 : Global Market Shares of AGVs in Industrial End Uses, by Region, 2019
Figure 39 : Global Market Shares of AGVs in Industrial End Uses, by Region, 2025
Figure 40 : Global Market Shares of AGVs in Aviation Industry End Uses, by Region, 2019
Figure 41 : Global Market Shares of AGVs in Aviation Industry End Uses, by Region, 2025
Figure 42 : Global Market Shares of AGVs in E-commerce Industry End Uses, by Region, 2019
Figure 43 : Global Market Shares of AGVs in E-commerce Industry End Uses, by Region, 2025
Figure 44 : Global Market Shares of AGVs in Other Industry End Uses, by Region, 2019
Figure 45 : Global Market Shares of AGVs in Other Industry End Uses, by Region, 2025
Figure 46 : Global Market Shares of AGVs, by Region, 2019
Figure 47 : Global Market Shares of AGVs, by Region, 2025
Figure 48 : North American Market Shares of AGVs, by Country, 2019
Figure 49 : North American Market Shares of AGVs, by Country, 2025
Figure 50 : North American Market Shares of AGVs, by Type, 2019
Figure 51 : North American Market Shares of AGVs, by Type, 2025
Figure 52 : North American Market Shares of AGVs, by Application, 2019
Figure 53 : North American Market Shares of AGVs, by Application, 2025
Figure 54 : North American Market Shares of AGVs, by End-Use Industry, 2019
Figure 55 : North American Market Shares of AGVs, by End-Use Industry, 2025
Figure 56 : APAC Market Shares of AGVs, by Country, 2019
Figure 57 : APAC Market Shares of AGVs, by Country, 2025
Figure 58 : APAC Market Shares of AGVs, by Type, 2019
Figure 59 : APAC Market Shares of AGVs, by Type, 2025
Figure 60 : APAC Market Shares of AGVs, by Application, 2019
Figure 61 : APAC Market Shares of AGVs, by Application, 2025
Figure 62 : APAC Market Shares of AGVs, by End-Use Industry, 2019
Figure 63 : APAC Market Shares of AGVs, by End-Use Industry, 2025
Figure 64 : European Market Shares of AGVs, by Country, 2019
Figure 65 : European Market Shares of AGVs, by Country, 2025
Figure 66 : European Market Shares of AGVs, by Type, 2019
Figure 67 : European Market Shares of AGVs, by Type, 2025
Figure 68 : European Market Shares of AGVs, by Application, 2019
Figure 69 : European Market Shares of AGVs, by Application, 2025
Figure 70 : European Market for AGVs, by End-Use Industry, 2019
Figure 71 : European Market for AGVs, by End-Use Industry, 2025
Figure 72 : Shares of Germany's Industrial Production, by Key Segments, 2019
Figure 73 : RoW Market Shares of AGVs, by Country, 2019
Figure 74 : RoW Market Shares of AGVs, by Country, 2025
Figure 75 : RoW Market Shares of AGVs, by Type, 2019
Figure 76 : RoW Market Shares of AGVs, by Type, 2025
Figure 77 : RoW Market Shares of AGVs, by Application, 2019
Figure 78 : RoW Market Shares of AGVs, by Application, 2025
Figure 79 : RoW Market Shares of AGVs, by End-Use Industry, 2019
Figure 80 : RoW Market Shares of AGVs, by End-Use Industry, 2025
Figure 81 : Global Prominent Companies in the AGVs Market, 2019
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