Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Forklift Trucks, Assembly Line Vehicles, Pallet Trucks), Navigation Technology, Industry, and Region - Global Forecast to 2026
The Automated Guided Vehicle (AGV) Market revenue was accounted for USD 2.2 billion in 2021 and is projected to reach USD 3.2 billion by 2026, at a CAGR of 7.7% during the forecast period.
The growth of the AGV market is driven by demand for automation in material handling across industries, shift in demand from mass production to mass customization, rising popularity of e-commerce, and improved safety standards at workplaces.
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Tow vehicles to hold the largest share of the AGV Market in 2021.
Tow vehicles is expected to hold the largest share of the Automated Guided Vehicle (AGV) Market in 2021. Tow vehicles, also known as tuggers, pull non-powered carts carrying huge loads. This is the most productive type of AGV used for towing and tugging as it can move heavier load with multiple trailers than a single fork truck. The load is placed in the vehicle either manually or automatically. Tow vehicles are used in pallet operations requiring frequent long-distance deliveries carrying high volumes of load.
The laser guidance segment of the AGV market to hold the largest share during the forecast period.
The growth of the laser-guided AGVs market can be attributed to their flexibility, scalability, and accuracy of the laser guidance technology. It also improves safety, increases throughput, and minimizes downtime. Laser guidance is the most flexible system for vehicle movement and offers accurate navigation. It allows the vehicles to operate in a warehouse without the need for invasive barriers.
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The Automated Guided Vehicle Market in APAC is projected to grow at the highest CAGR during the forecast period.
APAC is likely to be the fastest-growing region in the AGV market. China and Japan are the countries driving the growth of the AGV market in APAC. The rapid growth of automotive, e-commerce, food & beverages, and healthcare industries in emerging economies, such as China, India, and South Korea, has contributed to the growth of the AGV market in APAC. Moreover, governments in APAC countries are increasingly emphasizing safety and security on production floors, which can be best achieved by the implementation of AGVs.
Key Market Players
The AGV players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, contracts, agreements, collaborations, acquisitions and, business expansions, to strengthen their offerings in the market. The major players in the AGV market are Daifuku (Japan), JBT (US), KION (Germany), KUKA (Germany), Toyota Industries (Japan), among others.
The study includes an in-depth competitive analysis of these key players in the AGV market with their company profiles, recent developments, and key market strategies.
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Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Years considered |
2017–2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021–2026 |
|
CAGR |
7.7% |
|
Segments covered |
Type, Navigation Technology, Industry, and Region |
|
Regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Daifuku (Japan), JBT (US), KION (Germany), Toyota Industries (Japan), KUKA (Germany), Hyster-Yale (US), Oceaneering (US), EK Robotics (Germany), SSI Schaefer (Germany), Scott Technology (New Zealand). A total of 26 players covered. |
In this report, the overall AGV market has been segmented based on type, navigation technology, industry, and region.
By Type:
- Tow Vehicles
- Unit Load Carriers
- Pallet Trucks
- Assembly Line Vehicles
- Forklift Vehicles
- Others
By Navigation Technology:
- Laser Guidance
- Magnetic Guidance
- Inductive Guidance
- Optical Tape Guidance
- Vision Guidance
- Others
By Industry:
- Automotive
- Metals & Heavy Machinery
- Food & Beverages
- Chemicals
- Healthcare
- 3PL
- Semiconductors & Electronics
- Aviation
- E-commerce
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific (APAC)
- China
- Japan
- Australia
- South Korea
- India
- Malaysia
- Taiwan
- Indonesia
- Rest of APAC
- Rest of the World (RoW)
- South America
- Africa
- Middle East
Automated Guided Vehicle Market with COVID-19 impact Analysis
The AGV market size decreased in 2020 due to the COVID-19 pandemic and halt on the functioning of various industries. However, the operations of industries are increasing after mass vaccination in various countries. The AGV market is expected to regain momentum in 2021 as situations normalize worldwide and demand for industrial products increase. The outbreak and the spread of the COVID-19 had caught industries and companies off-guard without giving them enough time to plan or protect themselves from losses. In 2020, the AGV market witnessed a downfall compared to the previous year as the pandemic affected various industries across the world. It led to either closure of manufacturing facilities or suspension of production activities in most of the industrial units across the world. The new normal has changed the operations of many industries such as healthcare, e-commerce, and food & beverages, among others. The global demands for industrial and consumer products have also increased. Thus, the AGV market is forecast to grow in 2021 compared to 2020. In 2022, the market size is expected to rise higher than its pre-pandemic levels, making way for more usage of AGVs in 2026 as automation increases in all industries.
Market Dynamics
Driver: Increasing demand for automation solutions in material handling processes across industries
The overall need for high efficiency in the automotive, healthcare, e-commerce, and food & beverages industries is increasing the demand for automation. AGV-enabled automation of industrial facilities can help meet the requirements related to material handling capacity, along with reducing production time, lessening the chances of human errors, enhancing safety, ensuring high production volumes, and increasing accuracy and repeatability.
The use of AGVs enables just-in-time (JIT) delivery of raw material, computerized control of received assembled parts, and tracking of shipped articles. AGVs help store, distribute, and transport material without human intervention, thereby ruling out the possibilities of injuries to workers and damage to products and also with greater accuracy. Further, AGVs reduce labor costs for long-term perspective in warehouses in many ways. For instance, by replacing a human worker with an AGV, a company pays a one-time expense for the equipment—the initial investment—contrary to various ongoing costs relevant to labor.
Furthermore, the deployment of AGV enables companies in various industries to apply new technologies that would deliver immediate value and long-term returns. This trend is driving the need for information-enabled systems such as AGVs that can help industries to manage plant assets and make better operational decisions.
Restraint: High installation, maintenance, and switching costs associated with AGVs
Huge capital expenditure is required to install and set up automated guided vehicle. The high cost can discourage manufacturing companies from choosing high-end AGVs. Small enterprises cannot afford automated systems and, hence, opt for traditional/manual handling forklift trucks. Additionally, the cost of maintaining AGVs, which varies according to the age, type, location, number of shifts per day, and condition of the equipment, also acts as a barrier to the growth of this market. For instance, AGVs used in the manufacturing, chemicals, and construction industries have a high maintenance cost. Moreover, it is difficult for companies to invest in automation solutions due to high capital spending and a long payback period.
The costs associated with the overall setup of AGV systems are high as these vehicles are programmed and require navigation and communication systems to interact with other material handling equipment. The average payback period for AGVs usually ranges from 3 to 5 years. Therefore, it is difficult for many companies to invest in AGVs due to high capital spending and a long payback period. Furthermore, warehouse operators need to change warehouse layouts to support AGV systems. While designing new layouts, companies need to focus on key aspects such as worker safety, space utilization, and easy accessibility to items. Companies spend a considerable amount on infrastructure development. Thus, the impact of the high setup cost on the growth of the AGV market is considered to be high. Determination of the exact number of AGVs required is another important consideration for deploying AGVs across an industrial facility. As material handling requirement in some industries fluctuates according to the market demand or their production cycle, companies cannot precisely predict the number of AGVs required in their facilities. Thus, high capital investment acts as a key restraint for the growth of the AGV market.
Opportunity: Adoption of Industry 4.0 technologies in warehousing
Traditional industrial facilities are slowly evolving into smart, connected, and highly efficient automated facilities by adopting Industry 4.0 principles. Industry 4.0 is capable of converting an industrial facility into an autonomous plant. It combines computers, industrial automation solutions, and robotics to form a single automated unit. The network of connected devices creates a smart architecture capable of making decentralized decisions. The growth of Industry 4.0 is changing the functioning of warehouses. Industry 4.0 also aims to create an operational environment wherein humans and robots can work together efficiently. Furthermore, the integration of Industry 4.0 and robotics would transform processes into an industrial space with improved coordination between automation systems. This integration will facilitate time-critical, high-velocity operations at lower costs in the highly demanding and continuously evolving supply chain ecosystem.
The adoption of Industry 4.0 technologies in warehousing has enabled effective communication between warehouse operations. It increases the coordination between warehouse systems and helps warehouse operators perform time-critical and high-velocity operations at a lower cost in the highly demanding and continuously evolving supply chain ecosystem. This, in turn, is expected to create growth opportunity for AGVs.
Challenge: Low labor costs restricting adoption of AGVs in emerging economies
Low labor wage rates in emerging economies such as India, Bangladesh, and Tanzania restrict the adoption of automated technologies across industries in these countries. The automation of industrial facilities makes little or no economic sense in these countries where cheap labor is available in abundance. In these emerging economies, automation in manufacturing facilities is less prevalent than in other developed countries since the cost advantage in labor trade-off with robots is less due to the availability of cheap labor. Emerging countries such as Bangladesh, Cuba, and Tanzania have very low average daily wages. Thus, companies in emerging countries are reluctant to invest in automated equipment, such as AGVs. Various operations in the manufacturing sector of emerging economies are carried out by human laborers as the combination of manual efforts with precise and semiautomatic machines proves to be profitable to them.
Recent Developments
- In March 2021, Toyota Industries partnered with All Nippon Airways (ANA) to test Japan’s first autonomous towing tractors at Saga Airport. The towing tractors use 2D/3D LiDAR sensors to automatically detect objects in their path and allow the vehicles to automatically adjust course.
- In February 2021, Daifuku partnered with AFT Industries, a Germany-based automation and conveyor technology company, to leverage the latter’s expertise for improving material handling systems for the automotive industry. The partnership will focus on opening new channels to meet the global demand for material handling systems from automotive manufacturers.
- In April 2020, EK Robotics launched the VARIO MOVE transport vehicle. It consists of a drive unit, which is flexibly equipped with different load handling attachments through universal interfaces.
Frequently Asked Questions (FAQ):
Which are the major types of AGVs considered in the report?
The major types of AGVs considered in the report are – tow vehicles, unit load carriers, pallet trucks, assembly line vehicles, and forklifts.
Who are the top 5 players in the AGV market?
The major vendors operating in the AGV market include Daifuku, JBT, KUKA, KION, and Toyota Industries.
What is the market size of AGV market expected in 2021?
The AGV market is expected to be valued at USD 2.2 billion by 2021.
Which major countries are considered in the European region?
The report includes an analysis of the UK, Germany, France, and rest of European countries.
Does this report include the impact of COVID-19 on the AGV market?
Yes, the report includes the impact of COVID-19 on the AGV market. It illustrates the post- COVID-19 market scenario. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 30)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 35)
2.1 RESEARCH DATA
FIGURE 1 AUTOMATED GUIDED VEHICLE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up analysis (demand side)
2.2.2 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.2.2.1 Approach for arriving at market size using top-down analysis (supply side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE FROM PRODUCTS/SOLUTIONS OF AGV MARKET
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.4.1 ASSUMPTIONS
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
2.4.2 LIMITATIONS
2.4.3 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY (Page No. - 45)
FIGURE 8 IMPACT ANALYSIS OF COVID-19 ON AGV MARKET
3.1 REALISTIC SCENARIO
TABLE 1 AGV MARKET, POST-COVID-19 REALISTIC SCENARIO, 2021–2026
3.2 PESSIMISTIC SCENARIO
TABLE 2 AGV MARKET: POST-COVID-19 PESSIMISTIC SCENARIO, 2021–2026
3.3 OPTIMISTIC SCENARIO
TABLE 3 AGV MARKET: POST-COVID-19 OPTIMISTIC SCENARIO, 2021–2026
FIGURE 9 TOW VEHICLES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF AGV MARKET IN 2021
FIGURE 10 LASER GUIDANCE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET DURING FORECAST PERIOD
FIGURE 11 AUTOMOTIVE INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF AGV MARKET IN 2021
FIGURE 12 AGV MARKET IN APAC TO GROW HIGHEST CAGR FROM 2021 TO 2026
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 APAC TO PROVIDE LUCRATIVE OPPORTUNITIES FOR AGV MARKET IN COMING YEARS
FIGURE 13 ATTRACTIVE GROWTH OPPORTUNITIES IN AGV MARKET
4.2 AGV MARKET, BY TYPE
FIGURE 14 TOW VEHICLES SEGMENT TO ACCOUNT FOR LARGEST SIZE OF MARKET IN 2021
4.3 AGV MARKET, BY INDUSTRY
FIGURE 15 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET IN 2021
4.4 AGV MARKET, BY NAVIGATION TECHNOLOGY AND REGION
FIGURE 16 LASER GUIDANCE SEGMENT AND EUROPE TO DOMINATE AGV MARKET IN 2021
4.5 AGV MARKET, BY REGION
FIGURE 17 AGV MARKET TO WITNESS HIGHEST CAGR IN CHINA AND MEXICO DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 53)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 AUTOMATED GUIDED VEHICLE MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing demand for automation solutions in material handling processes across industries
5.2.1.2 Growing demand for AGVs from e-commerce post COVID-19 outbreak
5.2.1.3 Rising focus on improving workplace safety
5.2.1.4 Marked shift to mass customization from mass production
FIGURE 19 IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 High installation, maintenance, and switching costs associated with AGVs
5.2.2.2 Increasing preference for mobile robots over AGVs in retail and e-commerce industries
5.2.2.3 Decreased demand for automated guided vehicles owing to COVID-19
5.2.2.4 Lack of flexibility and obstacle resistance in AGVs
FIGURE 20 IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of industry 4.0 technologies in warehousing
5.2.3.2 Growing adoption of industrial automation by SMEs
5.2.3.3 Substantial growth of industrial sector in emerging economies
5.2.3.4 Presence of huge intralogistics sector in Southeast Asia
FIGURE 21 IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Low labor costs restricting adoption of AGVs in emerging economies
5.2.4.2 Technical challenges related to sensing elements
FIGURE 22 IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS OF AGV MARKET
5.4 ECOSYSTEM
FIGURE 24 ECOSYSTEM
TABLE 4 AGV MARKET: ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 REVENUE SHIFT FOR AGV MARKET
5.6 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 AGV MARKET: PORTER’S FIVE FORCES ANALYSIS
5.7 CASE STUDY ANALYSIS
TABLE 6 MARKET ASSESSMENT FOR CUSTOM-ENGINEERED AUTOMATED GUIDED VEHICLES
TABLE 7 MARKET ASSESSMENT FOR LARGE AGV FLEET
TABLE 8 MARKET ASSESSMENT FOR LASER-GUIDED TUGGER VEHICLE
5.8 TECHNOLOGY ANALYSIS
5.8.1 IOT
5.8.2 5G
5.8.3 MACHINE LEARNING
5.9 PRICING ANALYSIS
TABLE 9 AVERAGE SELLING PRICE OF AGVS
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO
FIGURE 26 IMPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.10.2 EXPORT SCENARIO
FIGURE 27 EXPORTS, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.11 PATENT ANALYSIS
FIGURE 28 TOP 10 COMPANIES/INSTITUTIONS WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 10 TOP 20 PATENT OWNERS (US) IN LAST 10 YEARS
TABLE 11 LIST OF FEW PATENTS IN AGV MARKET, 2019–2020
5.12 REGULATORY LANDSCAPE
5.12.1 SAFETY STANDARDS FOR AGVS
TABLE 12 SAFETY STANDARDS FOR AGVS
6 EMERGING TECHNOLOGIES AND APPLICATIONS OF AGVS (Page No. - 73)
6.1 INTRODUCTION
FIGURE 29 EMERGING TECHNOLOGIES USED IN AGVS
6.2 EMERGING TECHNOLOGIES USED IN AGVS
6.2.1 LIDAR SENSORS
6.2.1.1 LiDAR Sensors help to create 360-degree maps for AGVs
6.2.2 CAMERA VISION
6.2.2.1 AGVS can “see” with camera vision
6.2.3 DUAL MODE AGVS
6.2.3.1 Dual mode operation offers increased flexibility
6.3 LATEST APPLICATIONS OF AGVS
6.3.1 HOSPITALS
6.3.2 THEME PARKS
7 BATTERY TYPES AND CHARGING ALTERNATIVES FOR AGVS (Page No. - 76)
7.1 INTRODUCTION
7.2 TYPES OF BATTERIES USED IN AGVS
FIGURE 30 TYPES OF BATTERIES USED IN AGVS
7.2.1 LEAD-ACID BATTERY
7.2.2 LITHIUM-ION BATTERY
7.2.3 NICKEL-BASED BATTERY
7.2.4 OTHERS
7.3 BATTERY CHARGING ALTERNATIVES
7.3.1 AUTOMATIC AND OPPORTUNITY CHARGING
7.3.1.1 Wireless charging
7.3.2 BATTERY SWAP
7.3.2.1 Automatic battery swap
8 AGV OFFERINGS (Page No. - 79)
8.1 INTRODUCTION
FIGURE 31 AGV OFFERINGS
8.2 HARDWARE
8.3 SOFTWARE & SERVICES
9 AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (Page No. - 81)
9.1 INTRODUCTION
FIGURE 32 AUTOMATED GUIDED VEHICLE MARKET, BY TYPE
FIGURE 33 TOW VEHICLES SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET IN 2021
TABLE 13 AGV MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 14 AGV MARKET, BY TYPE, 2021–2026 (USD MILLION)
9.2 TOW VEHICLES
9.2.1 TOW VEHICLES CAN CARRY A LIMITED VARIETY OF LOADS AND OFTEN HAVE A SIMPLER GUIDE PATH
TABLE 15 AGV MARKET FOR TOW VEHICLES, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 16 AGV MARKET FOR TOW VEHICLES, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 17 AGV MARKET FOR TOW VEHICLES, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 18 AGV MARKET FOR TOW VEHICLES, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 19 AGV MARKET FOR TOW VEHICLES, BY REGION, 2017–2020 (USD MILLION)
TABLE 20 AGV MARKET FOR TOW VEHICLES, BY REGION, 2021–2026 (USD MILLION)
9.3 UNIT LOAD CARRIERS
9.3.1 UNIT LOAD CARRIERS ARE IDEAL FOR HANDLING LARGE VOLUMES OF LOAD
TABLE 21 AGV MARKET FOR UNIT LOAD CARRIERS, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 22 AGV MARKET FOR UNIT LOAD CARRIERS, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 23 AGV MARKET FOR UNIT LOAD CARRIERS, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 24 AGV MARKET FOR UNIT LOAD CARRIERS, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 25 AGV MARKET FOR UNIT LOAD CARRIERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 26 AGV MARKET FOR UNIT LOAD CARRIERS, BY REGION, 2021–2026 (USD MILLION)
9.4 PALLET TRUCKS
9.4.1 PALLET TRUCKS ARE IDEAL FOR GROUND-LEVEL OPERATIONS
TABLE 27 AGV MARKET FOR PALLET TRUCKS, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 28 AGV MARKET FOR PALLET TRUCKS, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 29 AGV MARKET FOR PALLET TRUCKS, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 30 AGV MARKET FOR PALLET TRUCKS, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 31 AGV MARKET FOR PALLET TRUCKS, BY REGION, 2017–2020 (USD MILLION)
TABLE 32 AGV MARKET FOR PALLET TRUCKS, BY REGION, 2021–2026 (USD MILLION)
9.5 ASSEMBLY LINE VEHICLES
9.5.1 ASSEMBLY LINE VEHICLES ARE USED TO CARRY OUT SERIAL ASSEMBLY OPERATIONS
TABLE 33 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 34 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 35 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 36 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 37 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY REGION, 2017–2020 (USD MILLION)
TABLE 38 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY REGION, 2021–2026 (USD MILLION)
9.6 FORKLIFT TRUCKS
9.6.1 FORKLIFT TRUCKS ARE USED FOR FLOOR-TO-FLOOR AND FLOOR-TO-RACKING OPERATIONS
TABLE 39 AGV MARKET FOR FORKLIFT TRUCKS, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 40 AGV MARKET FOR FORKLIFT TRUCKS, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 41 AGV MARKET FOR FORKLIFT TRUCKS, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 42 AGV MARKET FOR FORKLIFT TRUCKS, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 43 AGV MARKET FOR FORKLIFT TRUCKS, BY REGION, 2017–2020 (USD MILLION)
TABLE 44 AGV MARKET FOR FORKLIFT TRUCKS, BY REGION, 2021–2026 (USD MILLION)
9.7 OTHERS
TABLE 45 AGV MARKET FOR OTHER TYPES, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 46 AGV MARKET FOR OTHER TYPES, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 47 AGV MARKET FOR OTHER TYPES, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 48 AGV MARKET FOR OTHER TYPES, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 49 AGV MARKET FOR OTHER TYPES, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 AGV MARKET FOR OTHER TYPES, BY REGION, 2021–2026 (USD MILLION)
10 AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY (Page No. - 103)
10.1 INTRODUCTION
FIGURE 34 AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY
FIGURE 35 LASER GUIDANCE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET IN 2026
TABLE 51 AGV MARKET, BY NAVIGATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 52 AGV MARKET, BY NAVIGATION TECHNOLOGY, 2021–2026 (USD MILLION)
10.2 LASER GUIDANCE
10.2.1 LASER GUIDANCE AGV – THE MOST ACCURATE AND FLEXIBLE SYSTEM
TABLE 53 AGV MARKET FOR LASER GUIDANCE, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 54 AGV MARKET FOR LASER GUIDANCE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
10.3 MAGNETIC GUIDANCE
10.3.1 MAGNETIC GUIDANCE AGVS OFFER SAFEST AND MOST RELIABLE TRANSPORTATION
TABLE 55 AGV MARKET FOR MAGNETIC GUIDANCE, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 56 AGV MARKET FOR MAGNETIC GUIDANCE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
10.4 INDUCTIVE GUIDANCE
10.4.1 INDUCTIVE GUIDANCE AGVS WORK IN TOUGHEST INDUSTRIAL SETUPS
TABLE 57 AGV MARKET FOR INDUCTIVE GUIDANCE, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 58 AGV MARKET FOR INDUCTIVE GUIDANCE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
10.5 OPTICAL TAPE GUIDANCE
10.5.1 OPTICAL TAPE GUIDANCE – EASY AND CONVENIENT SOLUTION FOR AGVS
TABLE 59 AGV MARKET FOR OPTICAL TAPE GUIDANCE, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 60 AGV MARKET FOR OPTICAL TAPE GUIDANCE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
10.6 VISION GUIDANCE
10.6.1 VISION GUIDED VEHICLES PROVIDE RELIABILITY IN DYNAMIC ENVIRONMENTS AND MANEUVERABILITY IN COMPLEX SPACES
TABLE 61 AGV MARKET FOR VISION GUIDANCE, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 62 AGV MARKET FOR VISION GUIDANCE, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
10.7 OTHERS
TABLE 63 AGV MARKET FOR OTHER NAVIGATION TECHNOLOGIES, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
TABLE 64 AGV MARKET FOR OTHER NAVIGATION TECHNOLOGIES, BY VEHICLE TYPE, 2021–2026 (USD MILLION)
11 AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY (Page No. - 115)
11.1 INTRODUCTION
FIGURE 36 AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY
FIGURE 37 AUTOMOTIVE SEGMENT TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET FROM 2021 TO 2026
TABLE 65 AGV MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 66 AGV MARKET, BY INDUSTRY, 2021–2026 (USD MILLION)
11.2 AUTOMOTIVE
11.2.1 AUTOMOTIVE INDUSTRY—LARGEST CONTRIBUTOR TO GLOBAL AGV MARKET
FIGURE 38 EUROPE TO LEAD AGV MARKET FOR AUTOMOTIVE FROM 2021 TO 2026
TABLE 67 AGV MARKET FOR AUTOMOTIVE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 68 AGV MARKET FOR AUTOMOTIVE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 69 AGV MARKET FOR AUTOMOTIVE, BY REGION, 2017–2020 (USD MILLION)
TABLE 70 AGV MARKET FOR AUTOMOTIVE, BY REGION, 2021–2026 (USD MILLION)
11.3 METALS & HEAVY MACHINERY
11.3.1 AGVS EASE WORKFLOW IN METALS & HEAVY MACHINERY INDUSTRIES
TABLE 71 AGV MARKET FOR METALS & HEAVY MACHINERY, BY TYPE, 2017–2020 (USD MILLION)
TABLE 72 AGV MARKET FOR METALS & HEAVY MACHINERY, BY TYPE, 2021–2026 (USD MILLION)
TABLE 73 AGV MARKET FOR METALS & HEAVY MACHINERY, BY REGION, 2017–2020 (USD MILLION)
TABLE 74 AGV MARKET FOR METALS & HEAVY MACHINERY, BY REGION, 2021–2026 (USD MILLION)
11.4 FOOD & BEVERAGES
11.4.1 MORE AGVS ADOPTED TO MEET INCREASING GLOBAL FOOD DEMAND
FIGURE 39 EUROPE TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET FOR FOOD & BEVERAGES FROM 2021 TO 2026
TABLE 75 AGV MARKET FOR FOOD & BEVERAGES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 76 AGV MARKET FOR FOOD & BEVERAGES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 77 AGV MARKET FOR FOOD & BEVERAGES, BY REGION, 2017–2020 (USD MILLION)
TABLE 78 AGV MARKET FOR FOOD & BEVERAGES, BY REGION, 2021–2026 (USD MILLION)
11.5 CHEMICALS
11.5.1 INCREASING CHEMICAL PRODUCTION LEADING TO MORE AGV ADOPTION
TABLE 79 AGV MARKET FOR CHEMICALS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 80 AGV MARKET FOR CHEMICALS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 81 AGV MARKET FOR CHEMICALS, BY REGION, 2017–2020 (USD MILLION)
TABLE 82 AGV MARKET FOR CHEMICALS, BY REGION, 2021–2026 (USD MILLION)
11.6 HEALTHCARE
11.6.1 AGVS HAVE GAINED RELEVANCE IN HEALTHCARE DUE TO COVID-19 PANDEMIC
FIGURE 40 UNIT LOAD CARRIERS SEGMENT TO OVERTAKE TOW VEHICLE SEGMENT IN AGV MARKET FOR HEALTHCARE BY 2026
TABLE 83 AGV MARKET FOR HEALTHCARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 84 AGV MARKET FOR HEALTHCARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 85 AGV MARKET FOR HEALTHCARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 86 AGV MARKET FOR HEALTHCARE, BY REGION, 2021–2026 (USD MILLION)
11.7 3PL
11.7.1 3PL INDUSTRY RELIES ON AGVS FOR DAY-TO-DAY OPERATIONS
TABLE 87 AGV MARKET FOR 3PL, BY TYPE, 2017–2020 (USD MILLION)
TABLE 88 AGV MARKET FOR 3PL, BY TYPE, 2021–2026 (USD MILLION)
TABLE 89 AGV MARKET FOR 3PL, BY REGION, 2017–2020 (USD MILLION)
TABLE 90 AGV MARKET FOR 3PL, BY REGION, 2021–2026 (USD MILLION)
11.8 SEMICONDUCTORS & ELECTRONICS
11.8.1 SEMICONDUCTOR INDUSTRY GROWTH TO LEAD TO INCREASED AGV DEMAND
FIGURE 41 APAC TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS FROM 2021 TO 2026
TABLE 91 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 92 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 93 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS, BY REGION, 2017–2020 (USD MILLION)
TABLE 94 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS, BY REGION, 2021–2026 (USD MILLION)
11.9 AVIATION
11.9.1 AGVS FACILITATE EASY AEROSPACE MANUFACTURING AND ASSEMBLY OPERATIONS
TABLE 95 AGV MARKET FOR AVIATION, BY TYPE, 2017–2020 (USD MILLION)
TABLE 96 AGV MARKET FOR AVIATION, BY TYPE, 2021–2026 (USD MILLION)
TABLE 97 AGV MARKET FOR AVIATION, BY REGION, 2017–2020 (USD MILLION)
TABLE 98 AGV MARKET FOR AVIATION, BY REGION, 2021–2026 (USD MILLION)
11.10 E-COMMERCE
11.10.1 E-COMMERCE INDUSTRY IS ADOPTING AGVS FOR MATERIAL HANDLING OPERATIONS
FIGURE 42 TOW VEHICLES SEGMENT TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET FOR E-COMMERCE INDUSTRY FROM 2021 TO 2026
TABLE 99 AGV MARKET FOR E-COMMERCE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 100 AGV MARKET FOR E-COMMERCE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 101 AGV MARKET FOR E-COMMERCE, BY REGION, 2017–2020 (USD MILLION)
TABLE 102 AGV MARKET FOR E-COMMERCE, BY REGION, 2021–2026 (USD MILLION)
11.11 OTHERS
TABLE 103 AGV MARKET FOR OTHERS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 104 AGV MARKET FOR OTHERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 105 AGV MARKET FOR OTHERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 106 AGV MARKET FOR OTHERS, BY REGION, 2021–2026 (USD MILLION)
12 GEOGRAPHIC ANALYSIS (Page No. - 141)
12.1 INTRODUCTION
FIGURE 43 CHINA AND MEXICO TO GROW AT HIGHEST CAGR IN AGV MARKET FROM 2021 T0 2026
TABLE 107 AGV MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 108 AGV MARKET, BY REGION, 2021–2026 (USD MILLION)
12.2 NORTH AMERICA
FIGURE 44 SNAPSHOT: AGV MARKET IN NORTH AMERICA
TABLE 109 AGV MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 110 AGV MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 111 AGV MARKET IN NORTH AMERICA, BY TYPE, 2017–2020 (USD MILLION)
TABLE 112 AGV MARKET IN NORTH AMERICA, BY TYPE, 2021–2026 (USD MILLION)
TABLE 113 AGV MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 114 AGV MARKET IN NORTH AMERICA, BY INDUSTRY, 2021–2026 (USD MILLION)
12.2.1 US
12.2.1.1 US to account for largest size of AGV market in North America
12.2.2 CANADA
12.2.2.1 Automotive industry to make maximum contribution to AGV market growth in Canada
12.2.3 MEXICO
12.2.3.1 Well-established manufacturing sector to underpin AGV market growth in Mexico
12.3 EUROPE
FIGURE 45 SNAPSHOT: AUTOMATED GUIDED VEHICLE MARKET IN EUROPE
TABLE 115 AGV MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 116 AGV MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 117 AGV MARKET IN EUROPE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 118 AGV MARKET IN EUROPE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 119 AGV MARKET IN EUROPE, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 120 AGV MARKET IN EUROPE, BY INDUSTRY, 2021–2026 (USD MILLION)
12.3.1 GERMANY
12.3.1.1 Presence of AGV manufacturing companies to support AGV market growth in Germany
12.3.2 UK
12.3.2.1 Demand from automotive sector to aid AGV market growth in UK
12.3.3 FRANCE
12.3.3.1 E-commerce industry to fuel AGV market growth in France
12.3.4 REST OF EUROPE
12.4 APAC
FIGURE 46 SNAPSHOT: AUTOMATED GUIDED VEHICLE MARKET IN ASIA PACIFIC
TABLE 121 AGV MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 122 AGV MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 123 AGV MARKET IN APAC, BY TYPE, 2017–2020 (USD MILLION)
TABLE 124 AGV MARKET IN APAC, BY TYPE, 2021–2026 (USD MILLION)
TABLE 125 AGV MARKET IN APAC, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 126 AGV MARKET IN APAC, BY INDUSTRY, 2021–2026 (USD MILLION)
12.4.1 CHINA
12.4.1.1 Foreign investments to provide strong ground for growth of AGV market in China
12.4.2 JAPAN
12.4.2.1 Escalating labor costs and broad industrial base support AGV market growth in Japan
12.4.3 AUSTRALIA
12.4.3.1 Manufacturing and mining industries to drive AGV market growth in Australia
12.4.4 SOUTH KOREA
12.4.4.1 Global AGV companies expanding to South Korea is driving AGV market ahead
12.4.5 INDIA
12.4.5.1 Manufacturing industries are contributing to AGV market growth in India
12.4.6 MALAYSIA
12.4.6.1 Electronics industry favoring AGV market growth in Malaysia
12.4.7 TAIWAN
12.4.7.1 Semiconductors industry substantiates growth of AGV market in Taiwan
12.4.8 INDONESIA
12.4.8.1 Rapid industrial development in Indonesia is supporting AGV market growth
12.4.9 REST OF APAC
12.5 ROW
TABLE 127 AGV MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 128 AGV MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
TABLE 129 AGV MARKET IN ROW, BY TYPE, 2017–2020 (USD MILLION)
TABLE 130 AGV MARKET IN ROW, BY TYPE, 2021–2026 (USD MILLION)
TABLE 131 AGV MARKET IN ROW, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 132 AGV MARKET IN ROW, BY INDUSTRY, 2021–2026 (USD MILLION)
12.5.1 SOUTH AMERICA
12.5.1.1 South America to dominate to AGV market in RoW during forecast period
12.5.2 AFRICA
12.5.2.1 Rising adoption of warehouse automation solutions in various industries to increase AGV adoption in Africa
12.5.3 MIDDLE EAST
12.5.3.1 Middle East region has limited growth opportunities for AGV market
13 COMPETITIVE LANDSCAPE (Page No. - 168)
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES/ RIGHT-TO-WIN
TABLE 133 OVERVIEW OF STRATEGIES ADOPTED BY AGV VENDORS
13.3 REVENUE ANALYSIS OF TOP FIVE COMPANIES
FIGURE 47 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN AGV MARKET
13.4 MARKET SHARE ANALYSIS (2020)
TABLE 134 AGV MARKET: MARKET SHARE ANALYSIS (2020)
13.5 COMPANY EVALUATION QUADRANT, 2020
13.5.1 STAR
13.5.2 PERVASIVE
13.5.3 EMERGING LEADER
13.5.4 PARTICIPANT
FIGURE 48 AGV MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2020
13.6 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION QUADRANT, 2020
13.6.1 PROGRESSIVE
13.6.2 RESPONSIVE
13.6.3 DYNAMIC
13.6.4 STARTING BLOCK
FIGURE 49 AGV MARKET (GLOBAL) SME EVALUATION QUADRANT, 2020
13.7 AGV MARKET: COMPANY FOOTPRINT
TABLE 135 COMPANY FOOTPRINT
TABLE 136 COMPANY INDUSTRY FOOTPRINT
TABLE 137 COMPANY PRODUCT TYPE FOOTPRINT
TABLE 138 COMPANY REGION FOOTPRINT
13.8 COMPETITIVE SCENARIO
TABLE 139 AGV MARKET: PRODUCT LAUNCHES, APRIL 2020−AUGUST 2021
TABLE 140 AGV MARKET: DEALS, SEPTEMBER 2020−SEPTEMBER 2021
TABLE 141 AGV MARKET: OTHERS, MARCH 2019−JULY 2021
14 COMPANY PROFILES (Page No. - 182)
14.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
14.1.1 DAIFUKU
TABLE 142 DAIFUKU: BUSINESS OVERVIEW
FIGURE 50 DAIFUKU: COMPANY SNAPSHOT
TABLE 143 DAIFUKU: PRODUCT OFFERINGS
TABLE 144 DAIFUKU: DEALS
TABLE 145 DAIFUKU: OTHERS
14.1.2 JBT
TABLE 146 JBT: BUSINESS OVERVIEW
FIGURE 51 JBT: COMPANY SNAPSHOT
TABLE 147 JBT: PRODUCT OFFERINGS
TABLE 148 JBT: DEALS
14.1.3 KION
TABLE 149 KION: BUSINESS OVERVIEW
FIGURE 52 KION: COMPANY SNAPSHOT
TABLE 150 KION: PRODUCT OFFERINGS
TABLE 151 KION: OTHERS
14.1.4 TOYOTA INDUSTRIES
TABLE 152 TOYOTA INDUSTRIES: BUSINESS OVERVIEW
FIGURE 53 TOYOTA INDUSTRIES: COMPANY SNAPSHOT
TABLE 153 TOYOTA INDUSTRIES: PRODUCT OFFERINGS
TABLE 154 TOYOTA INDUSTRIES: DEALS
TABLE 155 TOYOTA INDUSTRIES: OTHERS
14.1.5 KUKA
TABLE 156 KUKA: BUSINESS OVERVIEW
FIGURE 54 KUKA: COMPANY SNAPSHOT
TABLE 157 KUKA: PRODUCT OFFERINGS
TABLE 158 KUKA: DEALS
TABLE 159 KUKA: OTHERS
14.1.6 HYSTER-YALE MATERIALS HANDLING
TABLE 160 HYSTER-YALE: BUSINESS OVERVIEW
FIGURE 55 HYSTER-YALE: COMPANY SNAPSHOT
TABLE 161 HYSTER-YALE: PRODUCT OFFERINGS
TABLE 162 HYSTER-YALE: PRODUCT LAUNCHES
14.1.7 OCEANEERING INTERNATIONAL
TABLE 163 OCEANEERING INTERNATIONAL: BUSINESS OVERVIEW
FIGURE 56 OCEANEERING INTERNATIONAL: COMPANY SNAPSHOT
TABLE 164 OCEANEERING INTERNATIONAL: PRODUCT OFFERINGS
14.1.8 EK ROBOTICS
TABLE 165 EK ROBOTICS: BUSINESS OVERVIEW
TABLE 166 EK ROBOTICS: PRODUCT OFFERINGS
TABLE 167 EK ROBOTICS: PRODUCT LAUNCHES
14.1.9 SSI SCHAEFER
TABLE 168 SSI SCHAEFER: BUSINESS OVERVIEW
TABLE 169 SSI SCHAEFER: PRODUCT OFFERINGS
TABLE 170 SSI SCHAEFER: OTHERS
14.1.10 SCOTT TECHNOLOGY
TABLE 171 SCOTT TECHNOLOGY: BUSINESS OVERVIEW
FIGURE 57 SCOTT TECHNOLOGY: COMPANY SNAPSHOT
TABLE 172 SCOTT TECHNOLOGY: PRODUCT OFFERINGS
TABLE 173 SCOTT TECHNOLOGY: DEALS
14.2 OTHER COMPANIES
14.2.1 AGV INTERNATIONAL
TABLE 174 AGV INTERNATIONAL: COMPANY OVERVIEW
14.2.2 AMERICA IN MOTION
TABLE 175 AMERICA IN MOTION: COMPANY OVERVIEW
14.2.3 GRENZEBACH
TABLE 176 GRENZEBACH: COMPANY OVERVIEW
14.2.4 MEIDEN AMERICA
TABLE 177 MEIDEN AMERICA: COMPANY OVERVIEW
14.2.5 DANBACH ROBOT JIANGXI
TABLE 178 DANBACH ROBOT JIANGXI: COMPANY OVERVIEW
14.2.6 ECA GROUP
TABLE 179 ECA GROUP: COMPANY OVERVIEW
14.2.7 IKV ROBOT
TABLE 180 IKV ROBOT: COMPANY OVERVIEW
14.2.8 ASSECO CEIT
TABLE 181 ASSECO CEIT: COMPANY OVERVIEW
14.2.9 CASUN
TABLE 182 CASUN: COMPANY OVERVIEW
14.2.10 ECKHART
TABLE 183 ECKHART: COMPANY OVERVIEW
14.2.11 ELETTRIC80
TABLE 184 ELETTRIC80: COMPANY OVERVIEW
14.2.12 IDC CORPORATION
TABLE 185 IDC CORPORATION: COMPANY OVERVIEW
14.2.13 SIMPLEX ROBOTICS
TABLE 186 SIMPLEX ROBOTICS: COMPANY OVERVIEW
14.2.14 SYSTEM LOGISTICS
TABLE 187 SYSTEM LOGISTICS: COMPANY OVERVIEW
14.2.15 ROCLA
TABLE 188 ROCLA: COMPANY OVERVIEW
14.2.16 UNCEASE AUTOMATION
TABLE 189 UNCEASE AUTOMATION: COMPANY OVERVIEW
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKET (Page No. - 220)
15.1 RFID MARKET
15.2 INTRODUCTION
FIGURE 58 RFID MARKET, BY PRODUCT
FIGURE 59 TAGS SEGMENT TO CONTINUE TO ACCOUNT FOR LARGEST SIZE IN RFID MARKET DURING FORECAST PERIOD
TABLE 190 RFID MARKET, BY PRODUCT, 2017–2020 (USD BILLION)
TABLE 191 RFID MARKET, BY PRODUCT, 2021–2026 (USD BILLION)
TABLE 192 RFID MARKET, BY PRODUCT, 2017–2020 (MILLION UNITS)
TABLE 193 RFID MARKET, BY PRODUCT, 2021–2026 (MILLION UNITS)
15.3 TAGS
15.3.1 TAGS ACCOUNTED FOR LARGEST SHARE OF RFID MARKET IN 2020
15.4 READERS
TABLE 194 RFID MARKET, BY READER TYPE, 2017–2020 (USD MILLION)
TABLE 195 RFID MARKET, BY READER TYPE, 2021–2026 (USD MILLION)
TABLE 196 RFID MARKET, BY READER TYPE, 2017–2020 (MILLION UNITS)
TABLE 197 RFID MARKET, BY READER TYPE, 2021–2026 (MILLION UNITS)
15.4.1 FIXED READERS
15.4.1.1 Ruggedness and cost-effectiveness of readers primarily drive fixed readers market
TABLE 198 FIXED RFID READER MARKET, BY FREQUENCY, 2017–2020 (USD MILLION)
TABLE 199 FIXED RFID READER MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)
TABLE 200 FIXED RFID READER MARKET, BY FREQUENCY, 2017–2020 (THOUSAND UNITS)
TABLE 201 FIXED RFID READER MARKET, BY FREQUENCY, 2021–2026 (THOUSAND UNITS)
15.4.2 HANDHELD READERS
15.4.2.1 Handheld readers are adopted mainly due to their mobility
TABLE 202 HANDHELD RFID READER MARKET, BY PRODUCT TYPE, 2017–2020 (USD MILLION)
TABLE 203 HANDHELD RFID READER MARKET, BY PRODUCT TYPE, 2021–2026 (USD MILLION)
TABLE 204 HANDHELD RFID READER MARKET, BY PRODUCT TYPE, 2017–2020 (THOUSAND UNITS)
TABLE 205 HANDHELD RFID READER MARKET, BY PRODUCT TYPE, 2021–2026 (THOUSAND UNITS)
TABLE 206 HANDHELD RFID READER MARKET, BY FREQUENCY, 2017–2020 (USD MILLION)
TABLE 207 HANDHELD RFID READER MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)
TABLE 208 HANDHELD RFID READER MARKET, BY FREQUENCY, 2017–2020 (THOUSAND UNITS)
TABLE 209 HANDHELD RFID READER MARKET, BY FREQUENCY, 2021–2026 (THOUSAND UNITS)
TABLE 210 HANDHELD RFID READER MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 211 HANDHELD RFID READER MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 212 HANDHELD RFID READER MARKET, BY REGION, 2017–2020 (THOUSAND UNITS)
TABLE 213 HANDHELD RFID READER MARKET, BY REGION, 2021–2026 (THOUSAND UNITS)
15.5 SOFTWARE AND SERVICES
15.5.1 RECURRING REQUIREMENT OF SERVICES AND GROWING ADOPTION OF CLOUD-BASED MODELS FOR DATA ANALYSIS WOULD DRIVE SOFTWARE AND SERVICES MARKET
TABLE 214 RFID SOFTWARE & SERVICES MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 215 RFID SOFTWARE & SERVICES MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
16 APPENDIX (Page No. - 231)
16.1 INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
The study involves four major activities for estimating the size of the automated guided vehicle (AGV) market. Exhaustive secondary research has been conducted to collect information related to the market. The next step has been the validation of these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the AGV market. After that, market breakdown and data triangulation procedures have been used to determine the extent of different segments and subsegments of the market.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources such as Material Handling Industry of America, Material Handling Equipment Distributors Association, Materials Handling Engineers Association, European Materials Handling Federation, Robotic Industries Association, and International Federation of Robotics have been used to identify and collect information for an extensive technical and commercial study of the AGV market.
Primary Research
In the primary research process, primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for this report. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as assess prospects. Key players in the AGV market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research includes the study of annual reports of the top market players and interviews with key opinion leaders, such as chief executive officers (CEOs), directors, and marketing personnel.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the AGV market and other dependent submarkets listed in this report.
- The key players in the industry and markets have been identified through extensive secondary research.
- Both the supply chain of the industry and the market size, in terms of value, have been determined through primary and secondary research.
- All percentage shares splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives:
- To define, describe, and forecast the global automated guided vehicle (AGV) market, in terms of value, by type, navigation technology, region, and industry.
- To forecast the market size, in terms of value, by region—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the major factors influencing the growth of the market, namely, drivers, restraints, opportunities, and industry-specific challenges
- To study and analyze the impact of COVID-19 on the AGV market during the forecast period
- To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To study the complete value chain of the AGV ecosystem, along with market trends and use cases
- To analyze opportunities in the market for stakeholders by identifying high-growth segments of the global AGV market
- To strategically profile key players and comprehensively analyze their core competencies2 along with detailing the competitive landscape for market leaders
- To analyze competitive developments such as product launches, acquisitions, partnerships, and expansions in the global AGV market
- To benchmark market players using the company evaluation quadrant, which analyzes players based on various parameters within broad business categories and product strategies
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report.
Company information:
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Automated Guided Vehicle (AGV) Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Automated Guided Vehicle (AGV) Market