Automated Guided Vehicle Market- Industry Analysis & Outlook 2029

Automated Guided Vehicle Size Market was USD 2 billion in 2021, and is projected to grow from USD 2.17 billion in 2022 to USD 4.11 billion by 2029 at a CAGR of 9.6% during 2022-2029.

The Global Automated Guided Vehicle Market is Projected to Grow USD 4.11 billion at a CAGR of 0.096 % During the Forecast Period | No of Pages 160

Global Automated Guided Vehicle Market (2023-2029) Industry Research Report focuses on the global Automated Guided Vehicle Market status, future forecast, growth opportunity, key market, and key players. Also report gives detailed data about the major factors influencing the growth of the Automated Guided Vehicle Market at the national and local level forecast the market size, in terms of value, market share by region, and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT, product portfolio and growth strategies. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry. 

Automated Guided Vehicle Market Scope:

Automated Guided Vehicle Size Market was USD 2 billion in 2021, and is projected to grow from USD 2.17 billion in 2022 to USD 4.11 billion by 2029 at a CAGR of 9.6% during 2022-2029.

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List Of Top Key Player Of Automated Guided Vehicle Market:

Oceaneering International Inc. (U.S.)

Toyota Advanced Logistics (Japan)

Daifuku Co., Ltd. (Japan)

KION GROUP AG (Germany)

Hyster-Yale Materials Handling, Inc. (U.S.)

JBT (U.S.)

Mitsubishi Caterpillar Forklift America Inc. (U.S.)

Crown Equipment Corporation (U.S.)

Seegrid Corporation (U.S.)

E&K Automation GmbH (Germany)

HIT Robot Group (China)

Swisslog Holding AG (Switzerland)

Bastian Solutions, Inc., (U.S.)

Dematic (U.S.)

BALYO (France)

KMH Fleet Solutions (U.S.)

Global Automated Guided Vehicle Market Growth report serves as an ideal solution for a better understanding of the Market. It is helpful in finding out the size of the Market for specific products. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. The Market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products.

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Automated Guided Vehicle Market Segmentations:

By Type

  • Tow Vehicles
  • Automated Forklift Trucks
  • Underride/Tunneling Vehicles
  • Assembly Line Vehicles
  • Others (Unit Load Carriers)

By Navigation Technology

  • Laser Guided
  • Magnetic Guided
  • Vision Guided
  • Others (Wire Guided)

By Application

  • Transportation & Distribution
  • Storage & Assembly
  • Packaging

By Industry

  • Automotive
  • Food & Beverage
  • E-commerce
  • Others (Healthcare)

Market Analysis and Insights: Global Automated Guided Vehicle Market

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application, and region, and, as a result, provides a holistic view of, as well as a deep insight into the Automated Guided Vehicle Market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

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Geographically, the report includes research on production, consumption, revenue, market share, and growth rate in following regions:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East and Africa

Market Drivers:

Improved technology in the material handling process has enabled industries to have linked factories, leading to the adoption of automated material handling operations with the help of advancements such as Big Data, machine learning, and others. This allows them to have more flexible production processes, better quality control, and better labor management.

Automated Guided Vehicle Market Table of Content (TOC)

Introduction

  • Definition, by Segment
  • Research Methodology/approach
  • Data Sources
  • Key Takeaways
  • Market Share Dynamics
  • Macro and Micro Economic Indicators
  • Drivers, Restraints, Opportunities, and Trends
  • Impact of Covid-19
    • Short-Term Impact
    • Long-Term Impact
  • Competition Landscape 2029
  • Business Strategies Adopted by Key Players
  • Consolidated Swot Analysis of Key Players
  • Global Automated Guided Vehicle Key Players Market Share Insights and Analysis, 2029
  • Key Market Share Insights and Strategic Recommendations
  • Companies Profiled (covered for Key 10 Players Only)
  • Overview
    • Key Management
    • Headquarters Etc.
  • Offerings/Business Segments
  • Key Details (subjected to Data Availability in The Public Domain And/or on Paid Databases)
    • Employee Size
    • Key Financials
      • Past and Current Revenue
      • Geographical Share
      • Business Segment Share
  • Recent Developments

         

October 2020: Seegrid Corporation acquired Box Robotics. Box Robotics is a startup dealing in mobile robotics, which specializes in three-dimensional LiDAR, high-definition maps, & deep learning. This strategic development focuses on enhancing situational awareness for its AGV’s in distribution, manufacturing, & e-commerce facilities.

April 2021: Oceaneering International’sRotator division introduced a new high-performance T-CTV (Topside Chemical Throttle Valve) for use in a variety of sectors, including oil and gas, chemical processing, wastewater treatment, medical, and pharmaceutical.

  • Annexure / Appendix

Key Benefits of This Market Research:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Automated Guided Vehicle Market
  • Overview of the Regional Outlook of the Automated Guided Vehicle Market

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