Dublin, March 20, 2020 (GLOBE NEWSWIRE) -- The "Global Automated Guided Vehicle Market, by Component, by Type, by Navigation Technology, by Application, by End User, by Region, Industry Analysis and Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Automated Guided Vehicle Market size is expected to reach $5.4 billion by 2025, rising at a market growth of 13.6% CAGR during the forecast period.
Automated guided vehicles (AGVs) are fully automated transport systems that run on unmanned vehicles. Automated guided vehicles deliver a range of benefits, such as a reduction in operating costs, increased safety of the workforce and a decrease in production time. The other factors leading to the adoption of AGV are the growing implementation of mobile robots worldwide and initiatives to improve safety and productivity at work.
Industrial structures are rapidly evolving, moving towards automated systems to enhance and optimize productivity levels, reorganize logistics, and improve transportation & logistics systems. Industry 4.0's emergence has contributed to the widespread sharing of data and automation in the manufacturing industry. With growing interest and a move toward automated systems and innovations, the automated market for guided vehicles has seen growth in recent years. Technological advances, especially in the navigation area, have played an important role in increasing the adoption of automated guided vehicle in the manufacturing sector.
Due to rapid technological advances in robotics and automation, the manufacturing sector has seen an increase in the incorporation of robotics engineering and technology into its production process. Manufacturers recognize factors like orientation, precision, load, speed, duty cycle, travel and climate before selecting a robot to achieve the most efficient and profitable results in their manufacturing plant. An integrated robot is one of the most widely discussed types of industrial robots, which resembles a human arm in its mechanical form. Articulated robots with six degrees of freedom are the most widely used industrial robots, as the architecture provides maximum flexibility and application in various applications like automotive assembly, food packaging, forging applications, etc.
The major strategies followed by the market participants are Acquisition and Partnerships. Based on the Analysis presented in the Cardinal matrix, Kion Group, Toyota Industries Corporation, ABB Group, John Bean Technologies Corporation, Daifuku Co., Limited, and The Krones Group are some of the forerunners in the Automated Guided Vehicle Market. Companies such as Hyster-Yale Materials Handling, Inc., Kuka AG, and Oceaneering International, Inc. are some of the key innovators in Automated Guided Vehicle Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Kion Group (Dematic), Toyota Industries Corporation (Bastian Solutions LLC), Daifuku Co., Limited, John Bean Technologies Corporation, Oceaneering International, Inc., Kuka AG (Swisslog Holding), Hyster-Yale Materials Handling, Inc., E&K Automation GmbH, and The Krones Group.
Companies Profiled
- ABB Group
- Kion Group (Dematic)
- Toyota Industries Corporation (Bastian Solutions LLC)
- Daifuku Co., Limited
- John Bean Technologies Corporation
- Oceaneering International, Inc.
- Kuka AG (Swisslog Holding)
- Hyster-Yale Materials Handling, Inc.
- E&K Automation GmbH
- The Krones Group
Key Topics Covered:
1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Automated Guided Vehicle Market, by Component
1.4.2 Global Automated Guided Vehicle Market, by Type
1.4.3 Global Automated Guided Vehicle Market, by Navigation Technology
1.4.4 Global Automated Guided Vehicle Market, by Application
1.4.5 Global Automated Guided Vehicle Market, by End User
1.4.6 Global Automated Guided Vehicle Market, by Geography
1.5 Methodology for the research
2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2020-Jan - 2015-May) Leading Players
4. Global Automated Guided Vehicle (AGV) Market by Component
4.1 Global Automated Guided Vehicle (AGV) Hardware Market by Region
4.2 Global Automated Guided Vehicle (AGV) Software Market by Region
4.3 Global Automated Guided Vehicle (AGV) Services Market by Region
5. Global Automated Guided Vehicle (AGV) Market by Type
5.1 Global Tow Vehicle Automated Guided Vehicle (AGV) Market by Region
5.2 Global Pallet Truck Automated Guided Vehicle (AGV) Market by Region
5.3 Global Unit Load Carrier Automated Guided Vehicle (AGV) Market by Region
5.4 Global Hybrid Vehicles Automated Guided Vehicle (AGV) Market by Region
5.5 Global Forklift Truck & Others Type Automated Guided Vehicle (AGV) Market by Region
6. Global Automated Guided Vehicle (AGV) Market by Navigation Technology
6.1 Global Laser Guidance Automated Guided Vehicle (AGV) Market by Region
6.2 Global Vision Guidance Automated Guided Vehicle (AGV) Market by Region
6.3 Global Magnetic Guidance Automated Guided Vehicle (AGV) Market by Region
6.4 Global Inductive Guidance Automated Guided Vehicle (AGV) Market by Region
6.5 Global Natural Navigation & Others Automated Guided Vehicle (AGV) Market by Region
7. Global Automated Guided Vehicle (AGV) Market by Application
7.1 Global Logistics & Warehousing Automated Guided Vehicle (AGV) Market by Region
7.2 Global Assembly Automated Guided Vehicle (AGV) Market by Region
7.3 Global Packaging Automated Guided Vehicle (AGV) Market by Region
7.4 Global Trailer Loading and Unloading Automated Guided Vehicle (AGV) Market by Region
7.5 Global Raw Material Handling & Others Automated Guided Vehicle (AGV) Market by Region
8. Global Automated Guided Vehicle (AGV) Market by End User
8.1 Global Automotive Automated Guided Vehicle (AGV) Market by Region
8.2 Global Manufacturing Automated Guided Vehicle (AGV) Market by Region
8.3 Global Logistics Automated Guided Vehicle (AGV) Market by Region
8.4 Global Food & Beverages Automated Guided Vehicle (AGV) Market by Region
8.5 Global Retail Automated Guided Vehicle (AGV) Market by Region
8.6 Global Healthcare Automated Guided Vehicle (AGV) Market by Region
8.7 Global Others Automated Guided Vehicle (AGV) Market by Region
9. Global Automated Guided Vehicle (AGV) Market by Region
9.1 North America Automated Guided Vehicle (AGV) Market
9.1.1 North America Automated Guided Vehicle (AGV) Market by Component
9.1.1.1 North America Automated Guided Vehicle (AGV) Hardware Market by Country
9.1.1.2 North America Automated Guided Vehicle (AGV) Software Market by Country
9.1.1.3 North America Automated Guided Vehicle (AGV) Services Market by Country
9.1.2 North America Automated Guided Vehicle (AGV) Market by Type
9.1.2.1 North America Tow Vehicle Automated Guided Vehicle (AGV) Market by Country
9.1.2.2 North America Pallet Truck Automated Guided Vehicle (AGV) Market by Country
9.1.2.3 North America Unit Load Carrier Automated Guided Vehicle (AGV) Market by Country
9.1.2.4 North America Hybrid Vehicles Automated Guided Vehicle (AGV) Market by Country
9.1.2.5 North America Forklift Truck & Others Type Automated Guided Vehicle (AGV) Market by Country
9.1.3 North America Automated Guided Vehicle (AGV) Market by Navigation Technology
9.1.3.1 North America Laser Guidance Automated Guided Vehicle (AGV) Market by Country
9.1.3.2 North America Vision Guidance Automated Guided Vehicle (AGV) Market by Country
9.1.3.3 North America Magnetic Guidance Automated Guided Vehicle (AGV) Market by Country
9.1.3.4 North America Inductive Guidance Automated Guided Vehicle (AGV) Market by Country
9.1.3.5 North America Natural Navigation & Others Automated Guided Vehicle (AGV) Market by Country
9.1.4 North America Automated Guided Vehicle (AGV) Market by Application
9.1.4.1 North America Logistics & Warehousing Automated Guided Vehicle (AGV) Market by Country
9.1.4.2 North America Assembly Automated Guided Vehicle (AGV) Market by Country
9.1.4.3 North America Packaging Automated Guided Vehicle (AGV) Market by Country
9.1.4.4 North America Trailer Loading and Unloading Automated Guided Vehicle (AGV) Market by Country
9.1.4.5 North America Raw Material Handling & Others Automated Guided Vehicle (AGV) Market by Country
9.1.5 North America Automated Guided Vehicle (AGV) Market by End User
9.1.5.1 North America Automotive Automated Guided Vehicle (AGV) Market by Country
9.1.5.2 North America Manufacturing Automated Guided Vehicle (AGV) Market by Country
9.1.5.3 North America Logistics Automated Guided Vehicle (AGV) Market by Country
9.1.5.4 North America Food & Beverages Automated Guided Vehicle (AGV) Market by Country
9.1.5.5 North America Retail Automated Guided Vehicle (AGV) Market by Country
9.1.5.6 North America Healthcare Automated Guided Vehicle (AGV) Market by Country
9.1.5.7 North America Others Automated Guided Vehicle (AGV) Market by Country
9.1.6 North America Automated Guided Vehicle (AGV) Market by Country
9.1.6.1 US Automated Guided Vehicle (AGV) Market
9.1.6.1.1 US Automated Guided Vehicle (AGV) Market by Component
9.1.6.1.2 US Automated Guided Vehicle (AGV) Market by Type
9.1.6.1.3 US Automated Guided Vehicle (AGV) Market by Navigation Technology
9.1.6.1.4 US Automated Guided Vehicle (AGV) Market by Application
9.1.6.1.5 US Automated Guided Vehicle (AGV) Market by End User
9.1.6.2 Canada Automated Guided Vehicle (AGV) Market
9.1.6.2.1 Canada Automated Guided Vehicle (AGV) Market by Component
9.1.6.2.2 Canada Automated Guided Vehicle (AGV) Market by Type
9.1.6.2.3 Canada Automated Guided Vehicle (AGV) Market by Navigation Technology
9.1.6.2.4 Canada Automated Guided Vehicle (AGV) Market by Application
9.1.6.2.5 Canada Automated Guided Vehicle (AGV) Market by End User
9.1.6.3 Mexico Automated Guided Vehicle (AGV) Market
9.1.6.3.1 Mexico Automated Guided Vehicle (AGV) Market by Component
9.1.6.3.2 Mexico Automated Guided Vehicle (AGV) Market by Type
9.1.6.3.3 Mexico Automated Guided Vehicle (AGV) Market by Navigation Technology
9.1.6.3.4 Mexico Automated Guided Vehicle (AGV) Market by Application
9.1.6.3.5 Mexico Automated Guided Vehicle (AGV) Market by End User
9.1.6.4 Rest of North America Automated Guided Vehicle (AGV) Market
9.1.6.4.1 Rest of North America Automated Guided Vehicle (AGV) Market by Component
9.1.6.4.2 Rest of North America Automated Guided Vehicle (AGV) Market by Type
9.1.6.4.3 Rest of North America Automated Guided Vehicle (AGV) Market by Navigation Technology
9.1.6.4.4 Rest of North America Automated Guided Vehicle (AGV) Market by Application
9.1.6.4.5 Rest of North America Automated Guided Vehicle (AGV) Market by End User
9.2 Europe Automated Guided Vehicle (AGV) Market
9.3 Asia Pacific Automated Guided Vehicle (AGV) Market
9.4 LAMEA Automated Guided Vehicle (AGV) Market
10. Company Profiles
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