Automated Guided Vehicles Market (Updated Version Available)

Automated Guided Vehicles Market Overview

Automated Guided Vehicles market size was worth USD 3.1 Billion in 2022, witnessing a CAGR of 8.6% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD XX Billion by 2030.

AGV systems assist in the movement and transport of items in manufacturing facilities, warehouses, and distribution centres without the need for a fixed conveying system or operator participation. It uses movable guide lines to optimise storage, pickup, and transport operations in a confined space.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	6.5 Billion
CAGR (2022-2030)	8.6%
By Type	Tow vehicles, Unit load carriers, Pallet trucks, Assembly line vehicles, Forklift Trucks
By Navigation technology	Laser guidance, Magnetic guidance, Inductive guidance, Optical tape guidance, Vision guidance, Others
By Application	Transportation, Distribution, Storage, Assembly, Packaging, Waste handling
By Industry	Food & beverages, Aerospace, Healthcare, Logistics, Retail, Others
By Geography	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 Players	BALYO, E&K Automation GmbH, Kollmorgen, KMH Fleet Solutions, ELETTRIC80 S.P.A., Fetch Robotics, Inc., inVia Robotics, Inc., Locus Robotics, Schaefer Systems International, Inc., System Logistics Spa, and Scott, Swisslog Holding AG, Dematic, Bastian Solutions, Inc., Daifuku Co., Ltd., JBT, Seegrid Corporation, TOYOTA INDUSTRIES CORPORATION, Hyster-Yale Materials Handling Inc.

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We have conducted a 360-degree analysis of the Automated Guided Vehicles market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Automated Guided Vehicles Market Segmentation Analysis:-



By Type:

• Tow vehicles
• Unit load carriers
• Pallet trucks
• Assembly line vehicles
• Forklift Trucks

By Navigation technology:

• Laser guidance
• Magnetic guidance
• Inductive guidance
• Optical tape guidance
• Vision guidance
• Others

By Application:

• Transportation
• Distribution
• Storage
• Assembly
• Packaging
• Waste handling

By Industry:
• Automotive
• Manufacturing
• Food & beverages
• Aerospace
• Healthcare
• Logistics
• Retail
• Others

Global Automated Guided Vehicles Market Competitive Landscape:

The market research report on the Automated Guided Vehicles market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• Swisslog Holding AG
• Dematic; Bastian Solutions, Inc
• Daifuku Co. Ltd
• JBT
• Seegrid Corporation
• TOYOTA INDUSTRIES CORPORATION
• Hyster-Yale Materials Handling, Inc
• BALYO
• E&K Automation GmbH
• Kollmorgen
• KMH Fleet Solutions
• ELETTRIC80 S.P.A
• Fetch Robotics, Inc
• inVia Robotics, Inc
• Locus Robotics
• Schaefer Systems International, Inc
• System Logistics Spa; and Scott

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Automated Guided Vehicles Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Automated Guided Vehicles by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.