Market Overview:
The global AGV for pharmaceutical 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 AGVs in warehouses and production lines across different regions. Additionally, the increasing adoption of AGVs in other applications such as hospitals and pharmacies is also contributing to the growth of this market. Some of the major players operating in this market are KION Group (Germany), Toyota Industries Corporation (Japan), JBT Corporation (U.S.), FKI Logistex Ltd. (U.K.), Vanderlande Industries BV (Netherlands), and Bastian Solutions, Inc.(U.S.).
Product Definition:
An AGV is a vehicle that transports goods automatically. It utilizes sensors to navigate and can be programmed to specific routes. AGVs are important for the pharmaceutical industry because they can transport large quantities of products quickly and efficiently without the need for human interaction. This reduces the risk of injury or product damage and allows workers to focus on other tasks.
Unit Load Type:
Units load is the amount of material that can be processed in a unit of time. It is an important factor to consider while designing any automation system. The growth factor for unit load type in AGV for pharmaceutical industry market, depends on factors such as software and hardware used along with the number of units installed per machine or per processor.
The major driving factors responsible for growth are increased demand from end-users and technological advancements by manufacturers across the value chain i.
Automated Forklift Type:
The automated forklift type is used in AGV for the pharmaceutical industry to transport pallets of materials. It has a lifting capacity of up to 150 kg and can be operated by a single person or in automatic mode with an operator console. The machine is designed for indoor and outdoor applications, thus making it suitable for use in the pharmaceutical industry.
Application Insights:
The production line application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The AGVs are used on pharmaceutical assembly lines for picking, packaging and processing of pharmaceutical raw materials such as tablets, capsules, powders and liquids. The use of AGVs helps in reducing human efforts by more than 50%, thus lowering the cost per unit volume which is expected to drive its demand over the forecast period.
The warehouse application segment accounted for a significant market share in 2017 owing to increasing demand from e-commerce companies for storage purposes coupled with rising awareness regarding automation among traditional warehouses worldwide. Increasing adoption of robotics systems such as pick-and-place robots along with automated storage facilities will further fuel industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in automation and rising adoption of integrated technologies across various industries. Furthermore, growing demand for generic drugs due to regulatory reforms in China and India are anticipated to drive market growth over the coming years.
The Middle East & Africa is also likely to witness significant growth owing to increasing government initiatives for improving healthcare facilities coupled with rising awareness about advanced technologies among end users. Moreover, rapid industrialization along with supportive government policies aimed at boosting foreign direct investments is projected favorably impact market development during the forecast period.
Growth Factors:
- Increasing demand for AGVs from the pharmaceutical industry for improving the efficiency of production and distribution processes.
- Growing investments in research and development by pharmaceutical companies for new drug discovery and development is expected to drive the demand for AGVs in the near future.
- Rising number of approvals of AGVs by regulatory authorities is anticipated to boost their adoption across various industries, including pharmaceuticals sector.
- Proliferation of automated warehouses and distribution centers is projected to create lucrative opportunities for AGV manufacturers in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
AGV for Pharmaceutical 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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global AGV for Pharmaceutical Industry Market Report Segments:
The global AGV for Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical 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
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- Consumer Insights
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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 is an abbreviation for automatic guided vehicle. AGVs are used in the pharmaceutical industry to transport drugs and other materials between production areas and distribution centers.
Some of the major companies in the agv for pharmaceutical industry market are Daifuku, Dematic, Dematic, JBT, Meidensha, Corecon, Seegrid, Aethon, Doerfer, Savant Automation, Bastian Solutions, Murata, Transbotics.
The agv for pharmaceutical 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 Pharmaceutical 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 Pharmaceutical Industry Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AGV for Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical Industry Market Size & Forecast, 2020-2028
4.5.1 AGV for Pharmaceutical Industry Market Size and Y-o-Y Growth
4.5.2 AGV for Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical 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 Pharmaceutical Industry Market: Competitive Dashboard
14.2 Global AGV for Pharmaceutical 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
