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Automated Guided Vehicle Market, By Types (Unit Load career, Tow Vehicle, Pallet Truck, and Forklift Truck), By Technology, By Application, By End Use and Geography (North America, Europe, Asia Pacific, and RoW) – Analysis, Share, Trends, Size, & Fore
Author:sino    Source:Sino-report    Number of clicks :     Update time:2019-03-17 14:05
The Automated Guided Vehicle (AGV) market is estimated to represent a global market of USD 830.6 million by 2017 with growth rate of 8.2%.
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REPORT HIGHLIGHT

 

The Automated Guided Vehicle (AGV) market is estimated to represent a global market of USD 830.6 million by 2017 with growth rate of 8.2%.

Market Dynamics 

Automated guided vehicles (AGV) are a driverless vehicle that can be used to move materials efficiently from one place to another. A significant advancement in technologies has contributed to increasing the attractiveness and demand of Automated Guided Vehicle among end users. Further, the market for AGV is driven by the rising demand for automated equipment coupled with the increasing implementation of mobile robots in developed regions. Furthermore, transportation and logistics companies are increasingly spending on AGV products to satisfy growing demand for their services and boosting the efficiency of their operations. U.S. Department of Commerce and Bureau of Labor Statistics stated that logistic and material handling is one of fastest growing industries in the U.S. Such factors will provide a strong platform for the market growth over the time period. However, high initial investment and high switching cost will hamper the market growth to some extent.

Types Takeaway

In terms of vehicle types, the market is divided as Unit Load career, Tow Vehicle, Pallet Truck, Forklift Truck, and others. Unit load automated guided vehicles (AGVs) are the most traditional type of automated guided vehicle. Unit loads’ are also referred to as a “top carrier” because the load rests over the majority of the vehicle. It is estimated that, in 2017, tow vehicles captured USD 280.5 million of the global market owing to the high demand of products among end-users

Technology Takeaway

By technology, the market is categorized as Vision Guided, Laser Guidance, Magnetic Guidance, and others. Application segment is divided into Assembly and Packaging, and Logistics. The end-user section is bifurcated into Food and Beverage, Automotive, Healthcare, and Retail industries.

Regional Takeaway

North America captured a significant share of the global market. However, Asia Pacific regions are anticipated to witness the highest adoption of automated guided vehicles during the forecast period. Large customer base coupled with strong growth in automobile sector support the development of this in APAC region. Japan and China are expected to witness the highest growth in the Asia Pacific region owing to the rising demand and production activities of automated guided vehicles.

Key Vendor Takeaway

Prominent vendors such as Daifuku, Kollmorgen, Toyota Industries, Dematic Corporation, and Hyster-Yale Group are profiled. Competition among key players in this market is high. Key players are engaged in strong research activities and strategic mergers and acquisitions to expand their market presence. Kollmorgen is one of the complete automation kits leaders and provides hardware solutions such as safety sensors, displays, vehicle controllers, manual control devices, encoders, and navigation sensors.

The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.

The years considered for the study are:

  • Historical Year – 2014 & 2015
  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, And Suppliers
  • Manufacturers
  • Hospitals
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPES

  • Unit Load career
  • Tow Vehicle
  • Pallet Truck
  • Forklift Truck
  • Others

MARKET, BY TECHNOLOGY

  • Vision Guided
  • Laser Guidance
  • Magnetic Guidance
  • Others

MARKET, BY APPLICATION

  • Assembly and Packaging
  • Logistics

ARKET, BY END USE

  • Food and Beverage
  • Automotive
  • Healthcare
  • Retail industries

MARKET, BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Rest of APAC
  • Rest of the World
    • Middle East and Africa
    • Latin America
    • TABLE OF CONTENT

       

      1. AUTOMATED GUIDED VEHICLE MARKET OVERVIEW
      1.1. Study Scope
      1.2. Base Year
      1.3. Assumption and Methodology
      2. EXECUTIVE SUMMARY
      2.1. Key Market Facts
      2.2. Geographical Scenario
      2.3. Companies in the Market
      3. AUTOMATED GUIDED VEHICLE KEY MARKET TRENDS
      3.1. Market Drivers
      3.1.1. Impact Analysis of Market Drivers
      3.2. Market Restraints
      3.2.1. Impact Analysis of Market Restraints
      3.3. Market Opportunities
      3.4. Market Future Trends
      4. AUTOMATED GUIDED VEHICLE INDUSTRY STUDY
      4.1. Porter’s Analysis
      4.2. Regulatory Framework Analysis
      4.3. Market Attractiveness Analysis
      4.4. Value Chain Analysis
      5. AUTOMATED GUIDED VEHICLE MARKET LANDSCAPE 
      5.1. Market Share Analysis
      6. AUTOMATED GUIDED VEHICLE MARKET – BY TYPES:
      6.1. Overview
      6.2. Unit Load career
      6.2.1. Overview
      6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      6.3. Tow Vehicle
      6.3.1. Overview
      6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      6.4. Pallet Truck
      6.4.1. Overview
      6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      6.5. Forklift Truck
      6.5.1. Overview
      6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      6.6. Others
      6.6.1. Overview
      6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      7. AUTOMATED GUIDED VEHICLE MARKET – BY TECHNOLOGY:
      7.1. Overview
      7.2. Vision Guided
      7.2.1. Overview
      7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      7.3. Laser Guidance
      7.3.1. Overview
      7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      7.4. Magnetic Guidance
      7.4.1. Overview
      7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      7.5. Others
      7.5.1. Overview
      7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      8. AUTOMATED GUIDED VEHICLE MARKET – BY APPLICATION:
      8.1. Overview
      8.2. Assembly and Packaging
      8.2.1. Overview
      8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      8.3. Logistics
      8.3.1. Overview
      8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      9. AUTOMATED GUIDED VEHICLE MARKET – BY APPLICATION:
      9.1. Overview
      9.2. Food and Beverage
      9.2.1. Overview
      9.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      9.3. Automotive
      9.3.1. Overview
      9.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      9.4. Healthcare
      9.4.1. Overview
      9.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      9.5. Retail industries
      9.5.1. Overview
      9.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10. AUTOMATED GUIDED VEHICLE MARKET– BY GEOGRAPHY
      10.1. Introduction
      10.2. North America
      10.2.1. Overview
      10.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.2.3. U.S.
      10.2.3.1. Overview
      10.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.2.4. Canada
      10.2.4.1. Overview
      10.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.3. Europe
      10.3.1. Overview
      10.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.3.3. France
      10.3.3.1. Overview
      10.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.3.4. Germany
      10.3.4.1. Overview
      10.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.3.5. Rest of Europe
      10.3.5.1. Overview
      10.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.4. Asia Pacific (APAC)
      10.4.1. Overview
      10.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.4.3. China
      10.4.3.1. Overview
      10.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.4.4. India
      10.4.4.1. Overview
      10.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.4.5. Rest of APAC
      10.4.5.1. Overview
      10.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.5. Rest of the World
      10.5.1. Overview
      10.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.5.3. Latin America
      10.5.3.1. Overview
      10.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      10.5.4. Middle East and Africa
      10.5.4.1. Overview
      10.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      11. KEY VENDOR ANALYSIS
      11.1. Daifuku
      11.1.1. Company Overview
      11.1.2. SWOT Analysis
      11.1.3. Key Developments
      11.2. Kollmorgen
      11.2.1. Company Overview
      11.2.2. SWOT Analysis
      11.2.3. Key Developments
      11.3. Toyota Industries
      11.3.1. Company Overview
      11.3.2. SWOT Analysis
      11.3.3. Key Developments
      11.4. Dematic Corporation
      11.4.1. Company Overview
      11.4.2. SWOT Analysis
      11.4.3. Key Developments
      11.5. Hyster-Yale Group
      11.5.1. Company Overview
      11.5.2. SWOT Analysis
      11.5.3. Key Developments
      *Client can request additional company profiling as per specific requirements
      12. 360 DEGREE ANALYSTVIEW
      13. APPENDIX
      13.1. Research Methodology
      13.2. Abbreviations
      13.3. Disclaimer
      13.4. Contact Us

      List of Tables
      Table 1 List of Acronyms
      Table 2 Key Market Facts, 2014 – 2025
      Table 3 Market Drivers: Impact Analysis
      Table 4 Market Restraint: Impact Analysis
      Table 5 Market Opportunity: Impact Analysis
      Table 6 PEST Analysis
      Table 7 Porter’s Five Forces Analysis
      Table 8 Company Market Share Analysis
      Table 9 Global AUTOMATED GUIDED VEHICLE Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
      Table 10 AGV Market, by Types, 2014 – 2025 (USD Million)
      Table 11 AGV Market, by Technology, 2014 – 2025 (USD Million)
      Table 12 AGV Market, by Application, 2014 – 2025 (USD Million)
      Table 13 AGV Market, by End Use, 2014 – 2025 (USD Million)
      Table 14 AGV Market, by Geography, 2014 – 2025 (USD Million)
      Table 15 North America AGV Market, 2014 – 2025 (USD Million)
      Table 16 U.S. AGV Market, 2014 – 2025 (USD Million)
      Table 17 Canada AGV Market, 2014 – 2025 (USD Million)
      Table 18 Europe AGV Market, 2014 – 2025 (USD Million)
      Table 19 France AGV Market, 2014 – 2025 (USD Million)
      Table 20 Germany AGV Market, 2014 – 2025 (USD Million)
      Table 21 Asia Pacific AGV Market, 2014 – 2025 (USD Million)
      Table 22 China AGV Market, 2014 – 2025 (USD Million)
      Table 23 India AGV Market, 2014 – 2025 (USD Million)
      Table 24 Latin America AGV Market, 2014 – 2025 (USD Million)
      Table 25 MEA AGV Market, 2014 – 2025 (USD Million)

      List of Figures
      Figure 1 Research Methodology
      Figure 2 Research Process Flow Chart
      Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)
      Figure 4 Regulatory Framework Analysis
      Figure 5 Value Chain Analysis Analysis
      Figure 6 AGV Market, by Types, 2014 – 2025 (USD Million)
      Figure 7 AGV Market, by Technology, 2014 – 2025 (USD Million)
      Figure 8 AGV Market, by Application, 2014 – 2025 (USD Million)
      Figure 9 AGV Market, by End Use, 2014 – 2025 (USD Million)
      Figure 10 AGV Market, by Geography, 2014 – 2025 (USD Million)

      SCOPE AND OBJECTIVES :
      The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
      The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments.

      KEY BENEFITS OF THE REPORT :
      • In-depth analysis of the key factors are propelling the growth of the global market
      • Granular analysis of the current market scenario and the expected market grow
      • Detailed analysis of the geographic region that will witness the strongest growth
      • Highlight on the strategies that are being adopted by the key players in this market to stay competitive
      • Extensive analysis of the key players dominating the competitive landscape of this market
      RESEARCH METHDOLOGY

       

      AnalystView’s research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study involves extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, and Businessweek) to identify and collect information useful to understand technical, market-oriented, and commercial aspects of market. Market data and information are also collected and not limited to secondary sources like:

      • Official Company’s Website, Financial and Annual Reporting
      • Government Statistical Data
      • Online Publishing Articles
      • Industry Player’s Investor Presentations
      • Economic News Articles
      • National and International Trade Associations
      • The Financial, Business and Mainstream Press
      • Industry Study Groups and Other Semi-Official Sources
      • Many Other Informative Channels Related to the Market Topics
      • Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary information often conflicting across multiple sources is a key aspect of the added value we provide

      In order to verify and validate secondary market data, we engage with a variety of personnel in key players at all points through phone calls, emails and web based survey responses with key opinion leaders (KoL’s) operating in the respective markets. The engagement involves the CEO, vice presidents, top-level and middle-level managers of the company, directors of marketing, product managers, brand managers, customers of major industrial products, and many others. We also interview manufacturers, distributors, materials suppliers, retailers, service operators, study groups, industry associations, and third party observers from the trade and financial press. These obtained information helped us to understand several facets of the market with respect to manufacturers’ and buyers’ perspective. These data were carefully filtered, analyzed, compared and presented in an easy way to develop accurate research study. Furthermore, all collected data is subjected to undergo exhaustive review process at country level, regional level and global level.

      MARKET FORECAST

      Market forecast for the respective market is primarily based on the year on year (YOY) growth rate. Data projection and future performance of each segment analyzed based on the key aspects extracted from primary and secondary research results. Thus data projection states the assumption on how the market behaves under macroeconomic and microeconomic parameters. Our market forecasting represents strategic conclusion we have reached about the coming state of the market scenario.

       MARKET ANALYSIS

      Another integral part of our research study is that AnalystView’s market data is accompanied by clear written analysis. We include detail information on market segments in terms of market drivers, market restraints and market opportunities. These offer insights of different channel dynamics, brand preference, incidence/prevalence data, technology up gradation, consumption trend, and future market scenario. We also include supporting data with any relevant awareness campaign, new introduction, regulatory norms, government initiatives, and industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

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