Automated Guided Vehicle (AGV) Market with COVID-19 Impact Analysis, by Type (Tow Vehicles, Unit Load Carriers, Forklift Trucks, Assembly Line Vehicles, Pallet Trucks), Navigation Technology, Industry, and Region - Global Forecast to 2026
The global AGV market is projected to grow from USD 2.2 billion in 2021 to USD 3.2 billion by 2026; it is expected to grow at a CAGR of 7.7% from 2021 to 2026. The growth of the AGV market is driven by growing demand for automation in material handling across industries, improved safety standards at workplaces, rising popularity of e-commerce, and shift in demand from mass production to mass customization.
COVID-19 has emerged as a global pandemic that spread worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries had a considerable direct impact on the AGV market. However, as vaccination programs were implemented and world started returning to new normal, the AGV market is forecasted to grow more than its pre-pandemic levels.
“The Tow vehicles to hold the largest share of the AGV Market in 2021.”
Tow vehicles is expected to hold the largest share of the 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 automotive industry is projected to account for the largest share of the AGV market during the forecast period.”
The automotive industry dominated the AGV market in 2020 and is expected to hold the largest share of the AGV market during the forecast period. Key factors such as growing after-sales spare parts market, increasing levels of customization in vehicles, and the need to ensure availability of various parts required in assembling of a vehicle are driving the implementation of AGVs in the automotive industry.
“APAC is projected to grow at the highest CAGR during the forecast period.”
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. APAC is also home to Daifuku and Toyota Industries, which are two of the major manufacturers of AGV.
Break-up of the profiles of primary participants:
The AGV market has been segmented into type, navigation technology, industry, and region. The AGV market has been studied for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).
Reasons to buy the report:
COVID-19 has emerged as a global pandemic that spread worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries had a considerable direct impact on the AGV market. However, as vaccination programs were implemented and world started returning to new normal, the AGV market is forecasted to grow more than its pre-pandemic levels.
“The Tow vehicles to hold the largest share of the AGV Market in 2021.”
Tow vehicles is expected to hold the largest share of the 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 automotive industry is projected to account for the largest share of the AGV market during the forecast period.”
The automotive industry dominated the AGV market in 2020 and is expected to hold the largest share of the AGV market during the forecast period. Key factors such as growing after-sales spare parts market, increasing levels of customization in vehicles, and the need to ensure availability of various parts required in assembling of a vehicle are driving the implementation of AGVs in the automotive industry.
“APAC is projected to grow at the highest CAGR during the forecast period.”
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. APAC is also home to Daifuku and Toyota Industries, which are two of the major manufacturers of AGV.
Break-up of the profiles of primary participants:
- By Company Type – Tier 1 – 30%, Tier 2 – 40%, and Tier 3 – 30%
- By Designation – C-level – 35%, Director-level – 45%, and Manager-level – 20%
- By Region – North America - 30%, Europe – 25%, APAC – 30%, and RoW – 15%
The AGV market has been segmented into type, navigation technology, industry, and region. The AGV market has been studied for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).
Reasons to buy the report:
- Illustrative segmentation, analysis, and forecast of the market based on type, navigation technology, industry, and region have been conducted to give an overall view of the AGV market.
- A value chain analysis has been performed to provide in-depth insights into the AGV market ecosystem.
- The report includes pricing analysis, patent analysis, ecosystem analysis as well as technology and case study analysis pertaining to AGV.
- The key drivers, restraints, opportunities, and challenges pertaining to the AGV market have been detailed in this report.
- Detailed information regarding the COVID-19 impact and related updates on the AGV market has been provided in the report.
- The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues and market share.
1 INTRODUCTION
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
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
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
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
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
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
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
8.1 INTRODUCTION
FIGURE 31 AGV OFFERINGS
8.2 HARDWARE
8.3 SOFTWARE & SERVICES
9 AUTOMATED GUIDED VEHICLE MARKET, BY TYPE
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
8.1 INTRODUCTION
FIGURE 31 AGV OFFERINGS
8.2 HARDWARE
8.3 SOFTWARE & SERVICES
9 AUTOMATED GUIDED VEHICLE MARKET, BY TYPE
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
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
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
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
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
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
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
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
