Market Overview:
The global automated guided cart 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 various industries, growing adoption of AGCs in warehouses and distribution centers, and rising labor costs. The forklift segment is expected to hold the largest share of the global automated guided cart market by type during the forecast period. This can be attributed to their ability to handle heavy loads and navigate through tight spaces.
Product Definition:
The term "Automated Guided Cart" refers to a piece of industrial equipment used to move goods or materials around a manufacturing or production facility. Automated guided carts are important because they can help increase efficiency and productivity in a factory setting by automating the movement of goods.
Forklift:
Forklift is a powered industrial truck used to lift and transport materials from one location to another in an automotive-style loading/unloading operation. Forklifts are self-propelled vehicles that can be driven by a person or by an electric motor. They are widely used for warehouse and material handling operations, especially in the manufacturing sector where they help automate tasks done by hand labor before assembly of final products.
Assembly Line Vehicle:
The assembly line vehicle is a kind of automated guided cart used for transporting goods in bulk within the production facilities. It is also known as automatic guided vehicle, auto-guided truck or just AGV. The product has gained significant popularity among the manufacturers and logistics companies owing to its ability to move in an organized manner without any manual intervention.
Application Insights:
The logistics application segment led the global automated guided cart market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for efficient warehouse management systems with enhanced safety features, along with growing e-commerce activities across the globe.
Automated guided carts are used for picking and packing of various products such as electronics, pharmaceuticals, toys and games among others on large scale production lines at warehouses or distribution centers. Growing e-commerce industry has resulted in increased storage space requirements which have necessitated large scale warehouse development resulting in higher adoption of AGC across logistics applications worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to increasing investments by companies for developing warehouse management systems and other automated technologies. Moreover, rising demand for industrial automation solutions from countries such as China, Japan, India, South Korea is anticipated to drive regional growth over the forecast period.
The European market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due to growing adoption across various industries including logistics & warehousing; automotive; manufacturing; energy & utilities; government & defense; retailing.; among others. Increasing use cases such as picking& packing or assembly line vehicle are also driving regional growth across this region during the same period.
Growth Factors:
- Increasing demand for AGC from the e-commerce sector for faster and efficient delivery of goods
- Growing number of online shoppers globally
- Proliferation of smart warehouses and automated material handling systems
- Rising labor costs and shortage of skilled workers in developed countries
- Government initiatives to promote automation in logistics sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Guided Cart Market Research Report
By Type
Forklift, Assembly Line Vehicle, Tow Vehicle, Others
By Application
Logistics, Assembly and Packaging, Others
By Companies
Daifuku, Wynright Corporation, Motion Controls Robotics, Savant Automation, Toyota Industries Corporation, Transbotics, Egemin Automation, Oceaneering International, Jungheinrich AG, Suzhou Dafang Special Vehicle, AGVE Group, Konecranes, DF Automation and Robotics Sdn. Bhd., AMERDEN, Zhejiang Tongzhu Technology, CSG Hua Xiao, Siasun, Yonegy, Jaten Robotics
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Automated Guided Cart Market Report Segments:
The global Automated Guided Cart market is segmented on the basis of:
Types
Forklift, Assembly Line Vehicle, Tow Vehicle, 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
Logistics, Assembly and Packaging, Others
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
- Wynright Corporation
- Motion Controls Robotics
- Savant Automation
- Toyota Industries Corporation
- Transbotics
- Egemin Automation
- Oceaneering International
- Jungheinrich AG
- Suzhou Dafang Special Vehicle
- AGVE Group
- Konecranes
- DF Automation and Robotics Sdn. Bhd.
- AMERDEN
- Zhejiang Tongzhu Technology
- CSG Hua Xiao
- Siasun
- Yonegy
- Jaten Robotics
Highlights of The Automated Guided Cart 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:
- Forklift
- Assembly Line Vehicle
- Tow Vehicle
- Others
- By Application:
- Logistics
- Assembly and Packaging
- Others
- 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 Automated Guided Cart 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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- 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?
Automated Guided Cart (AGC) is a web-based ordering system that streamlines the process of placing orders with retail partners. AGC automates the order entry process, providing customers with an easy way to place orders and track their progress. Customers can also manage their orders online from any device, and receive real-time notifications when their order is ready for pickup or shipment.
Some of the major players in the automated guided cart market are Daifuku, Wynright Corporation, Motion Controls Robotics, Savant Automation, Toyota Industries Corporation, Transbotics, Egemin Automation, Oceaneering International, Jungheinrich AG, Suzhou Dafang Special Vehicle, AGVE Group, Konecranes, DF Automation and Robotics Sdn. Bhd., AMERDEN, Zhejiang Tongzhu Technology, CSG Hua Xiao, Siasun, Yonegy, Jaten Robotics.
The automated guided cart 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 Automated Guided Cart 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 Automated Guided Cart Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Guided Cart 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 Automated Guided Cart 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 Automated Guided Cart Market Size & Forecast, 2020-2028
4.5.1 Automated Guided Cart Market Size and Y-o-Y Growth
4.5.2 Automated Guided Cart 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 Forklift
5.2.2 Assembly Line Vehicle
5.2.3 Tow Vehicle
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 Logistics
6.2.2 Assembly and Packaging
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Guided Cart 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 Automated Guided Cart 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 Forklift
9.6.2 Assembly Line Vehicle
9.6.3 Tow Vehicle
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 Logistics
9.10.2 Assembly and Packaging
9.10.3 Others
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 Forklift
10.6.2 Assembly Line Vehicle
10.6.3 Tow Vehicle
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 Logistics
10.10.2 Assembly and Packaging
10.10.3 Others
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 Forklift
11.6.2 Assembly Line Vehicle
11.6.3 Tow Vehicle
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 Logistics
11.10.2 Assembly and Packaging
11.10.3 Others
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 Forklift
12.6.2 Assembly Line Vehicle
12.6.3 Tow Vehicle
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 Logistics
12.10.2 Assembly and Packaging
12.10.3 Others
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 Forklift
13.6.2 Assembly Line Vehicle
13.6.3 Tow Vehicle
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 Logistics
13.10.2 Assembly and Packaging
13.10.3 Others
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 Automated Guided Cart Market: Competitive Dashboard
14.2 Global Automated Guided Cart Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daifuku
14.3.2 Wynright Corporation
14.3.3 Motion Controls Robotics
14.3.4 Savant Automation
14.3.5 Toyota Industries Corporation
14.3.6 Transbotics
14.3.7 Egemin Automation
14.3.8 Oceaneering International
14.3.9 Jungheinrich AG
14.3.10 Suzhou Dafang Special Vehicle
14.3.11 AGVE Group
14.3.12 Konecranes
14.3.13 DF Automation and Robotics Sdn. Bhd.
14.3.14 AMERDEN
14.3.15 Zhejiang Tongzhu Technology
14.3.16 CSG Hua Xiao
14.3.17 Siasun
14.3.18 Yonegy
14.3.19 Jaten Robotics
