Automated Guided Vehicle Market Global Sales Are Expected To Reach $ 6.23 Bn by 2030: Precedence Research

 As per the report, the automated guided vehicle market size was US$ 2.1 billion in 2020. It is projected to grow US$ 6.23 billion by 2030 at a CAGR of 11.5% in the forecast period.

The demand for automation in material handling across various industries, the rise in popularity of online sales channel, the transition from mass production to mass customization, and enhanced workplace safety norms are some of the factors driving the automated guided vehicle market growth.

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Market Overview

A recent study by Precedence Research on the automated guided vehicle market offers a forecast for 2021 and 2030. The study analyzes crucial trends that are currently determining the growth of the automated guided vehicle market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of automated guided vehicle. The study also provides the dynamics that are responsible for influencing the future status of this market over the forecast period.

A detailed assessment of the automated guided vehicle market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the automated guided vehicle market along with their product portfolio enhances the reliability of this comprehensive research study.

Highlights of the Report:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Key Points

• Primary Research
• Secondary Research
• Market Size Estimation
• Market Dynamics
• Drivers
• Restraints
• Opportunities
• Challenges
• Macroeconomic Indicators
• Technology Trends and Assessment
• Market Factor Analysis
• Porter’s Five Forces Analysis
• Bargaining Power Of Suppliers
• Bargaining Power Of Buyers
• Threat Of New Entrants
• Threat Of Substitutes
• Intensity Of Rivalry
• Value Chain Analysis
• Investment Feasibility Analysis
• Pricing Analysis

Research Methodology

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, the structure of the market participants and industry's competitive landscape.

The secondary research sources referred in the process are as follows:

• Governmental bodies, and organizations creating economic policies
• National and international social welfare institutions
• Company websites, financial reports and SEC filings, broker and investor reports
• Related patent and regulatory databases
• Statistical databases and market reports
• Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

• Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
• In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

• CEOs, VPs, market intelligence managers
• Procuring and national sales managers technical personnel, distributors and resellers
• Research analysts and key opinion leaders from various domains

Competition Landscape

In the final section of the report on the global automated guided vehicle market, a 'dashboard view' of the companies has been provided to compare the current market scenario and the contribution of companies to the global automated guided vehicle market. Moreover, the report is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to segments of the global market. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the automated guided vehicle marketplace.

Some of the prominent players in the global automated guided vehicle market include:

• Swisslog Holding AG
• AGVE Group
• JBT
• Hyster-Yale Materials Handling, Inc.
• Toyota Advanced Logistics
• KION GROUP AG
• Heartland Automation LLC
• E&K Automation GmBH
• Daifuku
• SSI Schaefer

Market Segmentation

Segments of the global automated guided vehicle market have been analyzed in terms of their market share to understand an individual segment’s relative contribution to market growth. This detailed level of information is important for identifying key trends in the global automated guided vehicle market.

Market Segments as below:

By Type

• Unit Load Carriers
• Tow Vehicles
• Pallet Trucks
• Forklift Trucks
• Assembly Line Vehicles

By Navigation Technology

• Magnetic Guidance
• Laser Guidance
• Inductive Guidance
• Vision Guidance
• Natural Navigation
• Others

By Application

• Logistics and Warehousing
  • Transportation
  • Cold Storage
  • Wholesale & Distribution
  • Cross-docking
• Assembly
• Packaging
• Trailer Loading and Unloading
• Raw Material Handling
• Others

By Industry

• Food & Beverage
• Automotive
• Manufacturing
• Retail
• Logistics
• Others

By End User

• Manufacturing Sector
  • Automotive
  • Aerospace
  • Electronics
  • Chemical
  • Pharmaceuticals
  • Plastics
  • Defense
  • FMCG
  • Tissue
  • Others
• Wholesale and Distribution Sector
  • E-commerce
  • Retail Chains/Conveyance Stores
  • Grocery Stores
  • Hotels and Restaurants

By Component Type

• Hardware
• Software
• Service

By Battery Type

• Lead Battery
• Lithium-ion Battery
• Nickel-based Battery
• Others

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
• MEA
• Rest of the World

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automated Guided Vehicle Market, By Type

7.1. Automated Guided Vehicle Market, by Type, 2021-2030

7.1.1. Unit Load Carriers

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Tow Vehicles

7.1.2.1. Market Revenue and Forecast (2019-2030)

7.1.3. Pallet Trucks

7.1.3.1. Market Revenue and Forecast (2019-2030)

7.1.4. Forklift Trucks

7.1.4.1. Market Revenue and Forecast (2019-2030)

7.1.5. Assembly Line Vehicles

7.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Automated Guided Vehicle Market, By Navigation Technology

8.1. Automated Guided Vehicle Market, by Navigation Technology, 2021-2030

8.1.1. Magnetic Guidance

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Laser Guidance

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Inductive Guidance

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Vision Guidance

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Natural Navigation

8.1.5.1. Market Revenue and Forecast (2019-2030)

8.1.6. Others

8.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Automated Guided Vehicle Market, By Application

9.1. Automated Guided Vehicle Market, by Application, 2021-2030

9.1.1. Logistics and Warehousing

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Assembly

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Packaging

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Trailer Loading and Unloading

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Raw Material Handling

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Automated Guided Vehicle  Market, By Industry

10.1. Automated Guided Vehicle Market, by Industry, 2021-2030

10.1.1. Food & Beverage

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Automotive

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Manufacturing

10.1.3.1. Market Revenue and Forecast (2019-2030)

10.1.4. Retail

10.1.4.1. Market Revenue and Forecast (2019-2030)

10.1.5. Logistics

10.1.5.1. Market Revenue and Forecast (2019-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Automated Guided Vehicle  Market, By End-use

11.1. Automated Guided Vehicle  Market, by End-use, 2021-2030

11.1.1. Manufacturing Sector

11.1.1.1. Market Revenue and Forecast (2019-2030)

11.1.2. Wholesale and Distribution Sector

11.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 12. Global Automated Guided Vehicle  Market, By Component

12.1. Automated Guided Vehicle  Market, By Component, 2021-2030

12.1.1. Hardware

12.1.1.1. Market Revenue and Forecast (2019-2030)

12.1.2. Software

12.1.2.1. Market Revenue and Forecast (2019-2030)

12.1.3. Service

12.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 13. Global Automated Guided Vehicle  Market, By Battery

13.1. Automated Guided Vehicle Market, by Battery, 2021-2030

13.1.1. Lead Battery

13.1.1.1. Market Revenue and Forecast (2019-2030)

13.1.2. Lithium-ion Battery

13.1.2.1. Market Revenue and Forecast (2019-2030)

13.1.3. Nickel-based Battery

13.1.3.1. Market Revenue and Forecast (2019-2030)

13.1.4. Others

13.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 14. Global Automated Guided Vehicle Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Type (2019-2030)

14.1.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.1.3. Market Revenue and Forecast, by Application (2019-2030)

14.1.4. Market Revenue and Forecast, by Industry (2019-2030)

14.1.5. Market Revenue and Forecast, by End-use (2019-2030)

14.1.6. Market Revenue and Forecast, by Battery (2019-2030)

14.1.7. Market Revenue and Forecast, by Component (2019-2030)

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Type (2019-2030)

14.1.8.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.1.8.3. Market Revenue and Forecast, by Application (2019-2030)

14.1.8.4. Market Revenue and Forecast, by Industry (2019-2030)

14.1.8.5. Market Revenue and Forecast, by End-use (2019-2030)

14.1.8.6. Market Revenue and Forecast, by Battery (2019-2030)

14.1.8.7. Market Revenue and Forecast, by Component (2019-2030)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Type (2019-2030)

14.1.9.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.1.9.3. Market Revenue and Forecast, by Application (2019-2030)

14.1.9.4. Market Revenue and Forecast, by Industry (2019-2030)

14.1.9.5. Market Revenue and Forecast, by End-use (2019-2030)

14.1.9.6. Market Revenue and Forecast, by Battery (2019-2030)

14.1.9.7. Market Revenue and Forecast, by Component (2019-2030)

14.2. Europe

14.2.1. Market Revenue and Forecast, by Type (2019-2030)

14.2.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.2.3. Market Revenue and Forecast, by Application (2019-2030)

14.2.4. Market Revenue and Forecast, by Industry (2019-2030)

14.2.5. Market Revenue and Forecast, by End-use (2019-2030)

14.2.6. Market Revenue and Forecast, by Battery (2019-2030)

14.2.7. Market Revenue and Forecast, by Component (2019-2030)

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Type (2019-2030)

14.2.8.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.2.8.3. Market Revenue and Forecast, by Application (2019-2030)

14.2.8.4. Market Revenue and Forecast, by Industry (2019-2030)

14.2.8.5. Market Revenue and Forecast, by End-use (2019-2030)

14.2.8.6. Market Revenue and Forecast, by Battery (2019-2030)

14.2.8.7. Market Revenue and Forecast, by Component (2019-2030)

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Type (2019-2030)

14.2.9.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.2.9.3. Market Revenue and Forecast, by Application (2019-2030)

14.2.9.4. Market Revenue and Forecast, by Industry (2019-2030)

14.2.9.5. Market Revenue and Forecast, by End-use (2019-2030)

14.2.9.6. Market Revenue and Forecast, by Battery (2019-2030)

14.2.9.7. Market Revenue and Forecast, by Component (2019-2030)

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Type (2019-2030)

14.2.10.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.2.10.3. Market Revenue and Forecast, by Application (2019-2030)

14.2.10.4. Market Revenue and Forecast, by Industry (2019-2030)

14.2.10.5. Market Revenue and Forecast, by End-use (2019-2030)

14.2.10.6. Market Revenue and Forecast, by Battery (2019-2030)

14.2.10.7. Market Revenue and Forecast, by Component (2019-2030)

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Type (2019-2030)

14.2.11.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.2.11.3. Market Revenue and Forecast, by Application (2019-2030)

14.2.11.4. Market Revenue and Forecast, by Industry (2019-2030)

14.2.11.5. Market Revenue and Forecast, by End-use (2019-2030)

14.2.11.6. Market Revenue and Forecast, by Battery (2019-2030)

14.2.11.7. Market Revenue and Forecast, by Component (2019-2030)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Type (2019-2030)

14.3.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.3.3. Market Revenue and Forecast, by Application (2019-2030)

14.3.4. Market Revenue and Forecast, by Industry (2019-2030)

14.3.5. Market Revenue and Forecast, by End-use (2019-2030)

14.3.6. Market Revenue and Forecast, by Battery (2019-2030)

14.3.7. Market Revenue and Forecast, by Component (2019-2030)

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Type (2019-2030)

14.3.8.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.3.8.3. Market Revenue and Forecast, by Application (2019-2030)

14.3.8.4. Market Revenue and Forecast, by Industry (2019-2030)

14.3.8.5. Market Revenue and Forecast, by End-use (2019-2030)

14.3.8.6. Market Revenue and Forecast, by Battery (2019-2030)

14.3.8.7. Market Revenue and Forecast, by Component (2019-2030)

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Type (2019-2030)

14.3.9.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.3.9.3. Market Revenue and Forecast, by Application (2019-2030)

14.3.9.4. Market Revenue and Forecast, by Industry (2019-2030)

14.3.9.5. Market Revenue and Forecast, by End-use (2019-2030)

14.3.9.6. Market Revenue and Forecast, by Battery (2019-2030)

14.3.9.7. Market Revenue and Forecast, by Component (2019-2030)

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Type (2019-2030)

14.3.10.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.3.10.3. Market Revenue and Forecast, by Application (2019-2030)

14.3.10.4. Market Revenue and Forecast, by Industry (2019-2030)

14.3.10.5. Market Revenue and Forecast, by End-use (2019-2030)

14.3.10.6. Market Revenue and Forecast, by Battery (2019-2030)

14.3.10.7. Market Revenue and Forecast, by Component (2019-2030)

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Type (2019-2030)

14.3.11.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.3.11.3. Market Revenue and Forecast, by Application (2019-2030)

14.3.11.4. Market Revenue and Forecast, by Industry (2019-2030)

14.3.11.5. Market Revenue and Forecast, by End-use (2019-2030)

14.3.11.6. Market Revenue and Forecast, by Battery (2019-2030)

14.3.11.7. Market Revenue and Forecast, by Component (2019-2030)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Type (2019-2030)

14.4.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.4.3. Market Revenue and Forecast, by Application (2019-2030)

14.4.4. Market Revenue and Forecast, by Industry (2019-2030)

14.4.5. Market Revenue and Forecast, by End-use (2019-2030)

14.4.6. Market Revenue and Forecast, by Battery (2019-2030)

14.4.7. Market Revenue and Forecast, by Component (2019-2030)

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Type (2019-2030)

14.4.8.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.4.8.3. Market Revenue and Forecast, by Application (2019-2030)

14.4.8.4. Market Revenue and Forecast, by Industry (2019-2030)

14.4.8.5. Market Revenue and Forecast, by End-use (2019-2030)

14.4.8.6. Market Revenue and Forecast, by Battery (2019-2030)

14.4.8.7. Market Revenue and Forecast, by Component (2019-2030)

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Type (2019-2030)

14.4.9.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.4.9.3. Market Revenue and Forecast, by Application (2019-2030)

14.4.9.4. Market Revenue and Forecast, by Industry (2019-2030)

14.4.9.5. Market Revenue and Forecast, by End-use (2019-2030)

14.4.9.6. Market Revenue and Forecast, by Battery (2019-2030)

14.4.9.7. Market Revenue and Forecast, by Component (2019-2030)

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Type (2019-2030)

14.4.10.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.4.10.3. Market Revenue and Forecast, by Application (2019-2030)

14.4.10.4. Market Revenue and Forecast, by Industry (2019-2030)

14.4.10.5. Market Revenue and Forecast, by End-use (2019-2030)

14.4.10.6. Market Revenue and Forecast, by Battery (2019-2030)

14.4.10.7. Market Revenue and Forecast, by Component (2019-2030)

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Type (2019-2030)

14.4.11.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.4.11.3. Market Revenue and Forecast, by Application (2019-2030)

14.4.11.4. Market Revenue and Forecast, by Industry (2019-2030)

14.4.11.5. Market Revenue and Forecast, by End-use (2019-2030)

14.4.11.6. Market Revenue and Forecast, by Battery (2019-2030)

14.4.11.7. Market Revenue and Forecast, by Component (2019-2030)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Type (2019-2030)

14.5.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.5.3. Market Revenue and Forecast, by Application (2019-2030)

14.5.4. Market Revenue and Forecast, by Industry (2019-2030)

14.5.5. Market Revenue and Forecast, by End-use (2019-2030)

14.5.6. Market Revenue and Forecast, by Battery (2019-2030)

14.5.7. Market Revenue and Forecast, by Component (2019-2030)

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Type (2019-2030)

14.5.8.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.5.8.3. Market Revenue and Forecast, by Application (2019-2030)

14.5.8.4. Market Revenue and Forecast, by Industry (2019-2030)

14.5.8.5. Market Revenue and Forecast, by End-use (2019-2030)

14.5.8.6. Market Revenue and Forecast, by Battery (2019-2030)

14.5.8.7. Market Revenue and Forecast, by Component (2019-2030)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Type (2019-2030)

14.5.9.2. Market Revenue and Forecast, by Navigation Technology (2019-2030)

14.5.9.3. Market Revenue and Forecast, by Application (2019-2030)

14.5.9.4. Market Revenue and Forecast, by Industry (2019-2030)

14.5.9.5. Market Revenue and Forecast, by End-use (2019-2030)

14.5.9.6. Market Revenue and Forecast, by Battery (2019-2030)

14.5.9.7. Market Revenue and Forecast, by Component (2019-2030)

Chapter 15. Company Profiles

15.1. Swisslog Holding AG

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. AGVE Group

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. JBT

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Hyster-Yale Materials Handling, Inc.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Toyota Advanced Logistics

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. KION GROUP AG

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Heartland Automation LLC

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. E&K Automation GmBH

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Daifuku

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. SSI Schaefer

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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