Automated Guided Vehicle (AGV) Market (Updated Version Available)

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.
The Automated Guided Vehicle (AGV) market was valued at 16200 Million US$ in 2020 and is projected to reach 33100 Million US$ by 2026, at a CAGR of 9.3% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Automated Guided Vehicle (AGV).

This report covers the present status and the future prospects of the global Automated Guided Vehicle (AGV) market for 2015-2026.
The report offers detailed coverage of Automated Guided Vehicle (AGV) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automated Guided Vehicle (AGV) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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

Market Segment as follows:
Market by Order 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) market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automated Guided Vehicle (AGV) market for the forecast period 2021 - 2026?
• What are the driving forces in the Automated Guided Vehicle (AGV) market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automated Guided Vehicle (AGV) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.