Automated Guided Vehicle (AGV) Market Size to Grow by USD 1.14 Bn, 33% of Market Growth to Originate from APAC - Technavio

2022-07-29 23:12:10 By : Ms. Daisy Zhang

NEW YORK , July 26, 2022 /PRNewswire/ -- The automated guided vehicle (AGV) market is fragmented. The vendors are deploying organic and inorganic growth strategies to compete in the market.

The automated guided vehicle (AGV) market size is expected to grow by USD 1.14 bn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 8.79% during the forecast period, according to Technavio.

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Automated Guided Vehicle (AGV) Market 2021-2025: Scope

The  automated guided vehicle (AGV) market report covers the following areas:

Automated Guided Vehicle (AGV) Market size

Automated Guided Vehicle (AGV) Market trends

Automated Guided Vehicle (AGV) Market industry analysis

Automated Guided Vehicle (AGV) Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automated guided vehicle (AGV) Market, including Daifuku Co. Ltd., Hitachi Ltd., Hyster-Yale Materials Handling Inc., John Bean Technologies Corp., KION GROUP AG, KUKA AG , Murata Machinery Ltd., Seegrid Corp., SSI SCHAEFER Group, and Toyota Industries Corp. among others. The key offerings of some of these vendors are listed below:

Daifuku Co. Ltd. - The company offers an extensive range of products such as chain conveyor type, roller conveyor type, fork type, tunnel tow type, and front tow type AGVs, among others.

Hitachi Ltd. - The company offers a line of products such as Racrew, a compact and low-floor automated guided vehicle.

Hyster-Yale Materials Handling Inc. - The company offers a line of products such as Robotic Reach Truck, Robotic Pallet Truck, Counterbalanced Stacker, and Robotic Tow Tractor, among others.

John Bean Technologies Corp. - The company offers a line of products such as counterbalance, forkover, outrigger, narrow aisle, and reach-type forked AGVs, among others.

KION GROUP AG - The company offers a line of products with resemblance to Wall-E and R2D2 through its subsidiary Dematic.

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Automated Guided Vehicle (AGV) Market 2021-2025: Segmentation

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a Sample Report

Automated Guided Vehicle (AGV) Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025

Detailed information on factors that will assist automated guided vehicle (AGV) market growth during the next five years

Estimation of the automated guided vehicle (AGV) market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the automated guided vehicle (AGV) market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of automated guided vehicle (AGV) market vendors

Automated Material Handling Equipment Market in US by End-user and Product - Forecast and Analysis 2022-2026

Automated Oil Tank Cleaning System Market in EMEA by Type, Application, and Geography - Forecast and Analysis 2021-2025

Automated Guided Vehicle (AGV) Market Scope

Accelerate at a CAGR of 8.79%

Europe, APAC, North America, South America, and MEA

US, Germany, Japan, China, and UK

Leading companies, competitive strategies, consumer engagement scope

Daifuku Co. Ltd., Hitachi Ltd., Hyster-Yale Materials Handling Inc., John Bean Technologies Corp., KION GROUP AG, KUKA AG, Murata Machinery Ltd., Seegrid Corp., SSI SCHAEFER Group, and Toyota Industries Corp.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2020 - 2025

5.3 Unit load carrier - Market size and forecast 2020-2025

5.4 Tow vehicle - Market size and forecast 2020-2025

5.5 Pallet truck - Market size and forecast 2020-2025

5.6 Assembly line vehicle - Market size and forecast 2020-2025

5.7 Others - Market size and forecast 2020-2025

7.3 Europe - Market size and forecast 2020-2025

7.4 APAC - Market size and forecast 2020-2025

7.5 North America - Market size and forecast 2020-2025

7.6 South America - Market size and forecast 2020-2025

7.7 MEA - Market size and forecast 2020-2025

11.2 Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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