Automated Guided Vehicle Market-Forecast to 2031

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Automated Guided Vehicle Market Analysis and Forecast to 2031: By Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, and Forklift Trucks), Navigation Technology (Laser Guidance, Magnetic Guidance, Inductive Guidance, and Others), Application (Transportation, Distribution, Storage and Others), Mode of Operation (Indoor and Outdoor), and Region

Report Code : GIS21426 Number of Pages: 159

Industry : Automotive & Transportation Publication Status : Upcoming

An automated guided vehicle (AGV) is a material handling system that uses unmanned vehicles guided by markers or wires on the floor, or by vision, lasers, magnets, or other means to move materials, parts, tools, or specialized equipment through manufacturing processes or within warehouses.

Key Trends

The key trends in Automated Guided Vehicle technology are miniaturization, intelligence, and networking.

Miniaturization refers to the trend of making AGVs smaller in size. This is being driven by the need for AGVs to be able to operate in smaller spaces, such as in warehouses and factories.

Intelligence refers to the trend of making AGVs more intelligent so that they can be better at navigating their environment and avoiding obstacles. This is being driven by the need for AGVs to be able to operate in more complex environments.

Networking refers to the trend of making AGVs more connected so that they can communicate with each other and with other systems in the environment. This is being driven by the need for AGVs to be able to operate in more coordinated and efficient ways.

Key Drivers

The key drivers of the Automated Guided Vehicle market are the rising labor costs, the need for increased productivity, and the need for improved safety.

The rising labor costs are one of the key drivers of the Automated Guided Vehicle market.

The increasing wages and the shortage of skilled labor are the major factors driving the labor costs. The need for increased productivity is another key driver of the Automated Guided Vehicle market.

The need for improved safety is another key driver of the Automated Guided Vehicle market. The Automated Guided Vehicle eliminates the possibility of human error and hence, improves the safety.

Restraints & Challenges

The key restraints and challenges in Automated Guided Vehicle market are:

1. The high cost of AGVs can be a deterrent for some companies.

2. AGVs can be difficult to implement and integrate into existing manufacturing processes.

3. There can be a learning curve for employees when using AGVs for the first time.

Market Segments

The Automated Guided Vehicle Market is segmented by type, navigation technology, application, mode of operation, and region. By type, the market is classified into tow-vehicles, unit load carriers, pallet trucks, assembly line vehicles, and forklift trucks. By navigation technology, it is divided into laser guidance, magnetic guidance, inductive guidance and others. By application, it is categorized into transportation, distribution, storage and others. On the basis of mode of operation, it is classified into indoor and outdoor. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Automated Guided Vehicle Market includes players such as BALYO, Daifuku Co., Ltd., E&K Automation GmbH, inVia Robotics, Inc., JBT, KUKA AG, Oceaneering International, Inc., Seegrid Corporation, SSI Schaefer and Toyota Material Handling.

Why GIS?

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Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Automated Guided Vehicle Market Outlook
3.1. Automated Guided Vehicle Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Automated Guided Vehicle Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Automated Guided Vehicle Market
4.3. Economic Impact Analysis

Chapter 5. Automated Guided Vehicle Market by Type
5.1. Market Overview
5.2. Tow vehicles
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Unit load carriers
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Pallet trucks
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Assembly line vehicles
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.6. Forklift Trucks
5.6.1. Market Size and Forecast, 2021-2031 ($Million)
5.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Automated Guided Vehicle Market by Navigation technology
6.1. Market Overview
6.2. Laser guidance
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Magnetic guidance
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Inductive guidance
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4.3. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Others
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Automated Guided Vehicle Market by Application
7.1. Market Overview
7.2. Transportation
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Distribution
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Storage
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Automated Guided Vehicle Market by Mode of operation
8.1. Market Overview
8.2. Indoor
8.2.1. Market Size and Forecast, 2021-2031 ($Million)
8.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
8.3. Outdoor
8.3.1. Market Size and Forecast, 2021-2031 ($Million)
8.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 9. Automated Guided Vehicle Market, by Region
9.1. Overview
9.2. North America
9.2.1. Key Market Trends and Opportunities
9.2.2. North America Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.3. North America Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.2.4. North America Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.5. North America Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.2.6. North America Automated Guided Vehicle Market Size and Forecast by Country, 2021-2031, ($Million)
9.2.7. The U.S.
9.2.7.1. The U.S. Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.7.2. The U.S. Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.2.7.3. The U.S. Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.7.4. The U.S. Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.2.8. Canada
9.2.8.1. Canada Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.8.2. Canada Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.2.8.3. Canada Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.8.4. Canada Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.2.9. Mexico
9.2.9.1. Mexico Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.9.2. Mexico Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.2.9.3. Mexico Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.9.4. Mexico Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3. Europe
9.3.1. Key Market Trends and Opportunities
9.3.2. Europe Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.3. Europe Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.4. Europe Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.5. Europe Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.6. Europe Automated Guided Vehicle Market Size and Forecast by Country, 2021-2031, ($Million)
9.3.7. Germany
9.3.7.1. Germany Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.7.2. Germany Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.7.3. Germany Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.7.4. Germany Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.8. France
9.3.8.1. France Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.8.2. France Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.8.3. France Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.8.4. France Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.9. U.K.
9.3.9.1. U.K. Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.9.2. U.K. Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.9.3. U.K. Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.9.4. U.K. Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.10. Spain
9.3.10.1. Spain Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.10.2. Spain Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.10.3. Spain Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.10.4. Spain Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.11. Italy
9.3.11.1. Italy Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.11.2. Italy Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.11.3. Italy Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.11.4. Italy Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.3.12. Rest of Europe
9.3.12.1. Rest of Europe Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.12.2. Rest of Europe Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.3.12.3. Rest of Europe Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.12.4. Rest of Europe Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4. Asia-Pacific
9.4.1. Key Market Trends and Opportunities
9.4.2. Asia-Pacific Automated Guided Vehicle Market Size and Forecast by Country, 2021-2031, ($Million)
9.4.3. Asia-Pacific Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.4. Asia-Pacific Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.5. Asia-Pacific Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.6. Asia-Pacific Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4.7. China
9.4.7.1. China Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.7.2. China Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.7.3. China Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.7.4. China Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4.8. India
9.4.8.1. India Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.8.2. India Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.8.3. India Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.8.4. India Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4.9. Japan
9.4.9.1. Japan Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.9.2. Japan Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.9.3. Japan Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.9.4. Japan Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4.10. South Korea
9.4.10.1. South Korea Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.10.2. South Korea Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.10.3. South Korea Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.10.4. South Korea Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.4.11. Rest of APAC
9.4.11.1. Rest of APAC Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.11.2. Rest of APAC Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.4.11.3. Rest of APAC Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.11.4. Rest of APAC Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.5. Rest of the World
9.5.1. Key Market Trends and Opportunities
9.5.2. Rest of the World Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.3. Rest of the World Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.5.4. Rest of the World Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.5. Rest of the World Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.5.6. Rest of the World Automated Guided Vehicle Market Size and Forecast by Country, 2021-2031, ($Million)
9.5.7. Latin America
9.5.7.1. Latin America Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.7.2. Latin America Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.5.7.3. Latin America Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.7.4. Latin America Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.5.8. Middle East
9.5.8.1. Middle East Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.8.2. Middle East Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.5.8.3. Middle East Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.8.4. Middle East Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)
9.5.9. Africa
9.5.9.1. Africa Automated Guided Vehicle Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.9.2. Africa Automated Guided Vehicle Market Size and Forecast by Navigation technology, 2021-2031, ($Million)
9.5.9.3. Africa Automated Guided Vehicle Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.9.4. Africa Automated Guided Vehicle Market Size and Forecast by Mode of operation, 2021-2031, ($Million)

Chapter 10. Competitive Landscape
10.1. Market Overview
10.2. Market Share Analysis/Key Player Positioning
10.3. Developmental Strategy Benchmarking
10.3.1. New Product Development
10.3.2. Product Launches
10.3.3. Business Expansions
10.3.4. Partnerships, Joint Ventures, and Collaborations
10.3.5. Mergers and Acquisitions

Chapter 11. Company Profiles
11.1. BALYO
11.1.1. Company Snapshot
11.1.2. Financial Performance
11.1.3. Product Offerings
11.1.4. Key Strategic Initiatives
11.1.5. SWOT Analysis
11.2. Daifuku Co., Ltd.
11.2.1. Company Snapshot
11.2.2. Financial Performance
11.2.3. Product offerings
11.2.4. Key Strategic Initiatives
11.2.5. SWOT Analysis
11.3. E&K Automation GmbH
11.3.1. Company Snapshot
11.3.2. Financial Performance
11.3.3. Product offerings
11.3.4. Key Strategic Initiatives
11.3.5. SWOT Analysis
11.4. inVia Robotics, Inc.
11.4.1. Company Snapshot
11.4.2. Financial Performance
11.4.3. Product offerings
11.4.4. Key Strategic Initiatives
11.4.5. SWOT Analysis
11.5. JBT
11.5.1. Company Snapshot
11.5.2. Financial Performance
11.5.3. Product offerings
11.5.4. Key Strategic Initiatives
11.5.5. SWOT Analysis
11.6. KUKA AG
11.6.1. Company Snapshot
11.6.2. Financial Performance
11.6.3. Product offerings
11.6.4. Key Strategic Initiatives
11.6.5. SWOT Analysis
11.7. Oceaneering International, Inc.
11.7.1. Company Snapshot
11.7.2. Financial Performance
11.7.3. Product offerings
11.7.4. Key Strategic Initiatives
11.7.5. SWOT Analysis
11.8. Seegrid Corporation
11.8.1. Company Snapshot
11.8.2. Financial Performance
11.8.3. Product offerings
11.8.4. Key Strategic Initiatives
11.8.5. SWOT Analysis
11.9. SSI schaefer
11.9.1. Company Snapshot
11.9.2. Financial Performance
11.9.3. Product offerings
11.9.4. Key Strategic Initiatives
11.9.5. SWOT Analysis
11.10. Toyota Material Handling
11.10.1. Company Snapshot
11.10.2. Financial Performance
11.10.3. Product offerings
11.10.4. Key Strategic Initiatives
11.10.5. SWOT Analysis