Automated Guided Vehicle Market Global Opportunity, Demands, Size, Trends and Developments – Hyster-Yale, Meidensha, KION GROUP, Daifuku, Meidensha, E&K Automation

The Automated guided vehicle market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

Automated guided vehicle Market Overview

Automated Guided Vehicle Market will account for a CAGR of 9.85%. The demand for automated vehicles increased due to materials handling in different industries. The automated guided vehicle market growth will be driven by high demand for automation. Based on the research report, the overall need for high efficiency will accelerate growth in the market till 2025. Although high installation cost will have a negative impact on the global automated guided vehicle market’s growth during this period. High maintenance cost is predicted to be a key challenge which could become a strong threat from 2017 to 2025 to companies. The automated guided vehicle market report published by expert analysts includes primary and secondary data and suggests that application, industry, technology, and vehicle type segments are anticipated to witness tremendous growth till 2025. Factors such as reduced production time will become key growth drivers during the forecast period and high production volumes and increased accuracy is also said to be supporting the market globally, however, the growth projected for the forecast period could be affected by the high cost of maintaining AGVs which could negatively affect activities taking place across the market.

Automated guided vehicle market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Automated guided vehicle Market are, Seegrid Corporation (US), KUKA AG (Germany), Hyster-Yale Materials Handling Inc. (the US), Jungheinrich AG (Germany), Daifuku Co. Ltd (Japan), Toyota Industries Corporation (Japan), SSI SCHÄFER (US), E&K Automation GmbH (Germany), Crown Equipment Corporation (US), JBT Corporation (US), KION GROUP AG (Germany), SCOTT (New Zealand), Meidensha Corporation (Japan),

Most important Segments of Automated guided vehicle market covered in this report are,

The automated guided vehicle market is segregated into different market segments based on application, industry, technology, and vehicle type. For a comprehensive analysis of the market, the application, industry, technology, and vehicle type segments are further split into smaller segments. The vehicle type segment is categorized into assembly line vehicles, forklift vehicles, pallet trucks, TOW vehicles, unit load carriers, and others. Furthermore, based on technology, the global automated guided vehicle market is also segmented into vision guided vehicles, inductive guidance, laser guidance, natural features guidance, and traditional guidance. Based on the automated guided vehicle market segmentation analysis, the report covers market forecasts. On the basis of application, the global market is split into sub segments including transportation, assembly, distribution, roll handling, and others. The industry segment is categorized into automotive, electrical & electronics, food & beverage, logistics & distribution, pharmaceutical, plastics & polymers, and others.

Automated guided vehicle Industry Influence of the global market report:

• Comprehensive assessment of all opportunities and risks in the Automated guided vehicle Market.
• Automated guided vehicle Market recent innovations and major events.
• A detailed study of business strategies for the growth of the Automated guided vehicle Market market-leading players.
• Conclusive study about the growth plot of Automated guided vehicle Market for forthcoming years.
• In-depth understanding of Automated guided vehicle Market, market-particular drivers, constraints, and major micro markets.
• Favorable impression inside vital technological and market latest trends striking the Automated guided vehicle Market.

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The global Automated guided vehicle market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Regional Analysis

The automated guided vehicle market, with its product and service related segments, is spread across the world. Automated guided vehicle based regional markets are also covered in the market research report. The regional markets are Asia-Pacific, Europe, North America, the Middle East and Africa and the rest of the world. Technological developments are anticipated to be a major factor for growth across the automated guided vehicle space during the forecast period. The regional market in North America is classified as the United States, Mexico, Canada, and others. The automated guided vehicle sector based regional markets in Europe are split into Italy, Germany, France, and the United Kingdom. In the Asia Pacific region, the market is segmented into China, India, Japan, and others. Automated guided vehicle based businesses in these regional markets are anticipated to grow due to technological advances during the forecast period 2017 to 2025. Although the market’s growth could be affected by the high cost associated with products. The analysts have also segmented markets of the Middle East, Africa, and the rest of the world.

LIST OF TABLES

TABLE 1 MARKET SYNOPSIS 16

TABLE 2 LIST OF ASSUMPTIONS 18

TABLE 3 MAJOR GRANTED PATENTS ON AGV (25 OCTOBER 2015 – 25 OCTOBER 2019) 39

TABLE 4 GLOBAL AUTOMATED GUIDED VEHICLE (AGV) MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 43

TABLE 5 GLOBAL AUTOMATED GUIDED VEHICLE (AGV) MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 45

TABLE 6 GLOBAL AUTOMATED GUIDED VEHICLE (AGV) MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 47

TABLE 7 GLOBAL AUTOMATED GUIDED VEHICLE (AGV) MARKET, BY INDUSTRY, 2020-2027 (USD MILLION) 49

TABLE 8 GLOBAL AUTOMATED GUIDED VEHICLE (AGV) MARKET, BY REGION, 2020–2027 (USD MILLION) 51

TABLE 9 NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 52

TABLE 10 NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 53

TABLE 11 NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 53

TABLE 12 NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 54

TABLE 13 NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2020–2027 (USD MILLION) 54

TABLE 14 US: AUTOMATED GUIDED VEHICLE MARKET, BY VEHICLE TYPE, 2020–2027 (USD MILLION) 55

TABLE 15 US: AUTOMATED GUIDED VEHICLE MARKET, BY TECHNOLOGY, 2020–2027 (USD MILLION) 55

TABLE 16 US: AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 56

TABLE 17 US: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2020–2027 (USD MILLION) 56

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