Automated Guided Vehicles (AGV) Market (By Type: Tow Vehicle, Unit Load Carrier, Pallet Truck, Forklift Truck, Hybrid Vehicles, Others; By Navigation Technology: Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Natural Navigation, Others; By Application: Logistics and Warehousing [Transportation, Distribution, Cold Storage, Wholesale & Distribution, Cross-docking], Assembly, Packaging, Trailer Loading and Unloading, Raw Material Handling, Others; By End-Use Industry: Manufacturing Sector, Automotive, Aerospace, Electronics, Chemical, Pharmaceuticals, Plastics, Defense, FMCG, Tissue, Others; Wholesale and Distribution Sector [E-commerce, Retail Chains/Conveyance Stores, Grocery Stores, Hotels and Restaurants]) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global Automated Guided Vehicles (AGV) market size likely to surpass around USD 7.4 billion by 2026, this market is anticipated to grow with 16.7% CAGR during the forecast time period.

Market Dynamics

AGVs are changing the manner in which materials can be moved inside manufacturing and distribution offices. In a generation domain where a few activities are completed at the same time, these vehicles can guarantee unsurprising and solid exchange of crude materials and in addition made items starting with one point then onto the next inside the office, along these lines wiping out any potential disturbance underway. These vehicles can work securely around structures, apparatus, and representatives, as they are outfitted with adornments, for example, camera vision and LiDAR sensors. These can help in recognizing intersections, distinguishing floor signs, and keeping away from crashes with obstructions.

Manufacturing plants and warehouses centers are progressively conveying material handling hardware for different exercises, for example, finding stock, picking orders, and moving products and raw materials. Transportation and logistics firms are especially under strain to help the effectiveness of their tasks in accordance with developing interest for their administrations. They are subsequently vigorously putting resources into such hardware. Expanding interest for material taking care of hardware is required to support the AGV showcase over the forecast period.

Market Insights

Assignments, for example, pallet handling, material handling, and completed item taking care of will in general include wellbeing concerns. Some pallet handling operations and material handling, especially those expecting specialists to deal with substantial and cumbersome merchandise, are regularly work serious and include security dangers. Conveying robotized guided vehicles on such undertakings can help in maintaining a strategic distance from any potential disasters or mishaps and guaranteeing more secure tasks.

Market Segmentation

Market By Type

  • Tow Vehicle
  • Unit Load Carrier
  • Pallet Truck
  • Forklift Truck
  • Hybrid Vehicles
  • Others

Market By Navigation Technology

  • Laser Guidance
  • Magnetic Guidance
  • Vision Guidance
  • Inductive Guidance
  • Natural Navigation
  • Others

Market By Application

  • Logistics and Warehousing
    • Transportation
    • Distribution
    • Cold Storage
    • Wholesale & Distribution
    • Cross-docking
  • Assembly
  • Packaging
  • Trailer Loading and Unloading
  • Raw Material Handling
  • Others

Market By End-Use Industry

  • Manufacturing Sector
    • Automotive
    • Aerospace
    • Electronics
    • Chemical
    • Pharmaceuticals
    • Plastics
    • Defense
    • FMCG
    • Tissue
    • Others
  • Wholesale and Distribution Sector
    • E-commerce
    • Retail Chains/Conveyance Stores
    • Grocery Stores
    • Hotels and Restaurants

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Europe captures the worldwide market in 2018 and is anticipated to hold its lead over the forecasted time frame. The market is essentially determined by expanding need for material handling equipment of hardware and fast appropriation of computerization arrangements by officeholders in the manufacturing business.

Asia Pacific is anticipated to observe quick development amid the figure time frame because of expanding need for polymer items in different end-use businesses in real economies, for example, China, India, and Japan. The locale is probably going to be at the cutting edge of the market as far as income all through the estimate skyline.

Market Participants

Automated Guided Vehicles (AGV)market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with Automated Guided Vehicles (AGV) are Transbotics, Swisslog Holding Ltd., System Logistics Spa, Egemin Automation Inc., Schaefer Systems International, Inc., Bastian Solutions, Inc., Locus Robotics, Daifuku Co., Ltd., inVia Robotics, Inc., Dematic Corp., Fetch Robotics, Inc., JBT Corporation, Elettric80 SpA, Seegrid Corporation, Kollmorgen, Toyota Industries Corporation, KMH Systems, Inc., Hyster-Yale Group, Inc., EK Automation, and Balyo Inc.


Related Reports

Dump Truck Market (By Type: Rear dump trucks, Bottom dump trucks, Lube trucks, Tow trucks, Water trucks, Others; By Engine Capacity: 5Liter, 5L to 10L, More than 10 Liter; By End Use: Military, Construction, Infrastructure, Mining, Agriculture) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global Dump Truck Market value is accounted over USD 41,259.8 Million by 2026 and is expected to grow at CAGR 9.1% during the forecast period, 2019-2026. Dump truck is also knows as dumper truck or tipper truck which mainly used to transporting dumps especially for construction. Such truck carries heavy loads and material such as sand, earth and gravel with parts for construction. The dumper typically carries its load or m

Automotive Electronic Control Unit Market (By Technology: Transmission control system, Engine management system, Anti-lock braking system, Climate control system, Power steering system, Airbag restraint system, Body control system; By Application: Utility vehicles, Passenger cars, Commercial vehicles) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global Automotive Electronic Control Unit Market is expected to reach over USD 70,986.0 Million by 2026 and is expected to grow at CAGR 6.1% during the forecast period, 2019-2026 Electronic control unit (ECU) is an embedded system that responsible for controlling electrical subsystems in a transport vehicle. Most of the modern motor vehicles have up to 80 ECUs. The development of an ECU unit ma

Automotive Aluminum Market (By End Use: Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Cars; By Application: Suspension, Powertrain, Body Structure, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Automotive Aluminum market is expected to grow at noteworthy CAGR around 8.4 % throughout the forecast period and reach around US$ 62 billion by 2026. It offers great security and durability combined with increased fuel efficiency and decreased emissions as well as offers the most common metal

Autonomous Parking System Market (By Components: Radar, Lidar, Image Sensor, Ultrasonic, Camera, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global Autonomous Parking System Market size is expected to reach over 1.8 USD billion by 2026 and is expected to grow at CAGR 15.8% during the forecast period, 2019-2026. Continuously rising vehicle sales across the globe coupled with the increasing concern for the parking spaces have drive the global Autonomous parking system market during the forecast period 2019-2026. Durin

Automotive Sun Visor Market (By Surface Material: Vinyl, Fabric; By Type: LCD Sun Visor, Conventional Type; By Vehicle Type: Commercial Vehicle, Passenger Vehicle, Electric Vehicle; By Sales Channel: Aftermarket, OEM) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Global automotive sun visor market size is accounted over USD 10 billion by 2026 and is expected to grow at CAGR 3.2% during the forecast period 2019 to 2026. Sun visors has become an important part of modern vehicles and they enhance the overall appearance of the vehicle interior. Rising in demand for stylish sun visors, consistent increase in vehicle production across the world, owing to rapid urbanization, and increase in p

Automotive Active Purge Pump Market (By Material Type: Metal, Non Metal; By Components: Dc Motor, Sensors, Actuator, Valves; By Manufacturing Process: Cutting, Vacuum Forming, Injection Molding; By Sales Channel: OEM’s, Aftermarket; By Vehicle Types: Passenger Vehicle, Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive active purge pump market size is expected to reach over USD 4.1 billion by 2026 and will grow at the CAGR of 67.3% from forecast period 2019-2026. An automotive active purge pump is an electrified solution to reduce hydrocarbon evaporative emissions from the vehicle. The automotive active purge pump actively extracts hydrocarbon-laden air from the emission canister that is use

Cart Summary