According to Stratistics MRC, the Global Automated Guided Vehicles Market is accounted for $3.60 billion in 2020 and is expected to reach $8.47 billion by 2028 growing at a CAGR of 11.3% during the forecast period. Improving safety standards at workplace, shifting demand from mass production to mass customization and rising popularity of e-commerce owing to COVID-19 are the major factors driving the market growth. However, increased use of mobile robots in retail & e-commerce industries, high installation, maintenance, and switching costs are hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period. China and Japan are the countries driving the growth of the AGV market in APAC. The expeditious growth of automotive, e-commerce, food & beverages, and healthcare industries in emerging economies, such as China, India, and South Korea, has bestow to the growth of the AGV market in APAC. Moreover, governments in APAC countries are increasingly emphasizing safety and security on production floors, which may be best achieved by the implementation of AGVs.
Some of the key players profiled in the Automated Guided Vehicles Market Balyo , Bastian Solutions Inc, Daifuku Co Ltd, Dematic, E&K Automation Gmbh, Elettric 80 S.P.A., Fetch Robotics Inc, Hyster-Yale Materials Handling Inc, Invia Robotics Inc, Kmh Fleet Solutions, Kollmorgen, Rockwell Automation, Inc, Seegrid Corporation, Swisslog Holding Ag, and Toyota Industries Corporation.
Types Covered:
• Automated Fork Lift
• Automated Tow/Tractor/Tugs
• Compact
• Customized
• Driverless Trains
• Heavy Burden Carrier
• Light Load Transporters
• Mobile Robots
• Special Purpose
• Standard
• Underride/Tunneling Vehicles
Glass Panels Covered:
• Colored Glass Panel
• Opaque Glass Panel
• Transparent Glass Panel
Vehicle Types Covered:
• Assembly Line Vehicles
• Carts
• Forklift Vehicles
• Hybrid Vehicles
• Pallet Trucks
• Tow Vehicle
• Unit Load Carriers
Products Covered:
• Carbon Aerogels
• Metal Oxide Aerogels
• Silica Aerogels
Technologies Covered:
• 3D Vision Guidance
• Camera Guided
• Fixed Path
• Global Positioning System (GPS)
• Guide Tape Navigation
• Heat Map For Choosing Navigation
• Inductive/Wire Guidance
• Inertial Guided
• Infrared Guidance
• Laser Guidance
• Magnetic Guidance
• Natural Features Guidance
• Natural Navigation
• Optical Tape Guidance
• Traditional Guidance
• Tape Guidance
• Others Navigation Technology
Components Covered:
• Hardware
• Software
• Service & Support
Batteries Types Covered:
• Lead Battery
• Lithium-Ion Battery
• Nickel-Based Battery
• Other Battery Types
Mode Of Operations Covered:
• Indoor
• Outdoor
Applications Covered:
• Warehousing
• Clamp Handling
• Container Handling
• End-Of-Line Transport
• Final Product Handling
• Kitting/Picking
• Packaging
• Pallet Handling
• Parts-To-Line
• Raw Material Handling
• Replenishment
• Roll Handling
• Shop Floor Control
• Staging/Sortation
• Storage & Assembly
• Trailer Loading & Unloading
• Trash Removal
• Waste Handling
• Work-In-Process Activities
End Users Covered:
• 3PL (Third-Party Logistics)
• Food & Beverage
• Healthcare and Pharmaceutical
• Metals & Heavy Machinery
• Transportation
• Manufacturing Sector
• Wholesale and Distribution Sector
• Semiconductors & Electronics
• Paper & Printing
• Petrochemicals
• Tobacco
• Oil & Gas
• Building & Construction
• Military And Defence
• Tissue
• Textiles & Clothing
Sales Channel Covered:
• Direct Channels
• Indirect Channels
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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