Market Overview:
The global AGV for food and beverage industry market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automation in food and beverage production lines, rising labor costs, and growing concerns over product safety. The unit load type segment is expected to dominate the global AGV for food and beverage industry market during the forecast period, owing to its ability to handle large payloads with high efficiency.
Product Definition:
An automated guided vehicle (AGV) is a mobile robot that follows markers or wires in the floor, or uses vision or lasers to navigate. AGVs are used in factories and warehouses for transporting materials and products.
Unit Load Type:
Units load is the amount of produce, which can be carried by a single worker at any given time. It is an important factor in AGV (Artificial Intelligence-based Virtual Reality) for the food and beverage industry market as it helps to maintain hygiene and avoid cross contamination.
The global unit load type market was valued at USD 0.00 in 2018.
Automated Forklift Type:
The automated forklift type is used in AGV for food and beverage industry to transport materials from one place to another. It is a self-driving device that uses vision, GPS and navigation systems along with other mechanical devices for moving materials around. The vision system consists of cameras, which work along with the navigation software to direct the movement of the vehicle where as mechanical systems consist of drives, motors & sensors among others.
Application Insights:
The production line segment dominated the global AGV for food and beverage industry with a revenue share of over 40% in 2017. This is attributed to the high demand for automated solutions on assembly lines, where workers¢â‚¬â„¢ efforts are fully utilized in order to increase output while reducing costs. The warehousing segment is expected to witness significant growth over the forecast period owing to increasing investments by companies in order to gain competitive advantages.
Global AGV for food.
In terms of revenue, warehouse automation witnessed considerable growth from 2016-2017 due primarilyto increased adoption across all industries coupled with rising demandfor cost-effective solutions that offer flexibility and controlin large warehouses. Furthermore, an increase in investment intheir infrastructure would result into higher utilization of AGVs as theyoffer flexible deployment options along assembly lines whichare used extensively across warehouses globally since theyoffer ease & efficiency at a lower cost than humans do.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The increasing adoption of automation in various food and beverage industries, especially in developing countries such as China and India, is anticipated to drive regional growth. Furthermore, rising investments by companies for AGV installation are also expected to contribute toward market development during the forecast period. For instance, In January 2017, Seiko Epson Corporation invested USD X million for constructing a new production facility in India with an aim to manufacture automated guided vehicles (AGVs) that can transport materials within buildings at high speeds using laser sensors and vision cameras.
North America accounted for more than 20% of global revenue share in 2016 owing to early adoption of technology across various industries coupled with developed infrastructure network within U.S.
Growth Factors:
- Increasing demand for food and beverage products
- Rising disposable income of consumers
- Proliferation of supermarkets and retail stores
- Growing trend of online shopping for food and beverage products
- Technological advancements in AGV systems
Scope Of The Report
Report Attributes
Report Details
Report Title
AGV for Food and Beverage Industry Market Research Report
By Type
Unit Load Type, Automated Forklift Type, Tugger Type, Others
By Application
Warehouse, Production Line, Other
By Companies
Daifuku, Dematic, Dematic, JBT, Meidensha, Corecon, Seegrid, Aethon, Doerfer, Savant Automation, Bastian Solutions, Murata, Transbotics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global AGV for Food and Beverage Industry Market Report Segments:
The global AGV for Food and Beverage Industry market is segmented on the basis of:
Types
Unit Load Type, Automated Forklift Type, Tugger Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Warehouse, Production Line, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daifuku
- Dematic
- Dematic
- JBT
- Meidensha
- Corecon
- Seegrid
- Aethon
- Doerfer
- Savant Automation
- Bastian Solutions
- Murata
- Transbotics
Highlights of The AGV for Food and Beverage Industry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Unit Load Type
- Automated Forklift Type
- Tugger Type
- Others
- By Application:
- Warehouse
- Production Line
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AGV for Food and Beverage Industry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AGV stands for automatic guided vehicle. AGVs are used in the food and beverage industry to transport products from one location to another.
Some of the major players in the agv for food and beverage industry market are Daifuku, Dematic, Dematic, JBT, Meidensha, Corecon, Seegrid, Aethon, Doerfer, Savant Automation, Bastian Solutions, Murata, Transbotics.
The agv for food and beverage industry market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AGV for Food and Beverage Industry Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AGV for Food and Beverage Industry Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AGV for Food and Beverage Industry Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AGV for Food and Beverage Industry Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AGV for Food and Beverage Industry Market Size & Forecast, 2020-2028
4.5.1 AGV for Food and Beverage Industry Market Size and Y-o-Y Growth
4.5.2 AGV for Food and Beverage Industry Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Unit Load Type
5.2.2 Automated Forklift Type
5.2.3 Tugger Type
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Warehouse
6.2.2 Production Line
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AGV for Food and Beverage Industry Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AGV for Food and Beverage Industry Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Unit Load Type
9.6.2 Automated Forklift Type
9.6.3 Tugger Type
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Warehouse
9.10.2 Production Line
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Unit Load Type
10.6.2 Automated Forklift Type
10.6.3 Tugger Type
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Warehouse
10.10.2 Production Line
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Unit Load Type
11.6.2 Automated Forklift Type
11.6.3 Tugger Type
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Warehouse
11.10.2 Production Line
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Unit Load Type
12.6.2 Automated Forklift Type
12.6.3 Tugger Type
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Warehouse
12.10.2 Production Line
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Unit Load Type
13.6.2 Automated Forklift Type
13.6.3 Tugger Type
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Warehouse
13.10.2 Production Line
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AGV for Food and Beverage Industry Market: Competitive Dashboard
14.2 Global AGV for Food and Beverage Industry Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daifuku
14.3.2 Dematic
14.3.3 Dematic
14.3.4 JBT
14.3.5 Meidensha
14.3.6 Corecon
14.3.7 Seegrid
14.3.8 Aethon
14.3.9 Doerfer
14.3.10 Savant Automation
14.3.11 Bastian Solutions
14.3.12 Murata
14.3.13 Transbotics
