Automated Guided Vehicle (AGV) Market Insights, Forecast to 2025

An automated guided vehicle or automatic guided vehicle (AGV) is a portable robot that follows markers or wires in the floor, or uses vision, magnets, or lasers for navigation. They are most often used in industrial applications to move materials around a manufacturing facility or warehouse. Application of the automatic guided vehicle broadened during the late 20th century.

The growing need for automation in the material handling processes across sectors such as automotive, manufacturing, food & beverages, aerospace, healthcare, logistics, and retail is the prime reason for the growth of the automated guided vehicle market. The growth in the flexible manufacturing system and the increasing demand for customized and intelligent AGVs creates opportunities for this market.

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The Automated Guided Vehicle (AGV) market was valued at 16200 Million US$ in 2018 and is projected to reach 33100 Million US$ by 2025, at a CAGR of 9.3% during the forecast period.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automated Guided Vehicle (AGV).

This report presents the worldwide Automated Guided Vehicle (AGV) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:

Vanderlande Industries
SSI Schaefer
Dematic
Daifuku
BEUMER
Dearborn Mid-West Company
Fives
FlexLink
Intelligrated
Kardex
KNAPP Logistics Automation
Legris Industries
Mecalux
Murata Machinery
Swisslog
TGW Logistics
Automated Guided Vehicle (AGV) Breakdown Data by Type

Unit load carrier
Tow vehicle
Pallet trucks
Assembly line vehicles
Automated Guided Vehicle (AGV) Breakdown Data by Application

Transportation
Distribution
Storage
Assembly
Packaging
Others
Automated Guided Vehicle (AGV) Production by Region

United States
Europe
China
Japan
Other Regions
Automated Guided Vehicle (AGV) Consumption by Region

North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:

To analyze and research the global Automated Guided Vehicle (AGV) status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Automated Guided Vehicle (AGV) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automated Guided Vehicle (AGV) :

History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automated Guided Vehicle (AGV) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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