Market Overview:
The global AGV market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation in warehouses and production lines across the globe. The automated forklift type segment is expected to hold the largest share of the AGV market by 2030, owing to its high adoption rate in warehouses and logistics facilities. The tugger type segment is projected to grow at a higher CAGR during the forecast period, as it offers an efficient way of transporting goods over long distances within a facility or between facilities.
Product Definition:
Logistics Industry AGV is an automated guided vehicle used in logistics industry. It helps to move goods within a warehouse or distribution center. The importance of Logistics Industry AGV is that it helps to improve efficiency and productivity in the workplace.
Automated Forklift Type:
Automated forklift is a self-operated lifting device that integrates the functions of a traditional forklift and uses an automated control system for operating the equipment. The global market size was valued at USD 3,700 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Automated forklifts are used across various industry verticals such as manufacturing, warehousing & distribution, automotive & transportation, among others.
Unit Load Type:
The unit load type is a fully autonomous mobile robotic system that can be used for handling and shipping of small or light loads in warehouse and distribution centers. It has the ability to navigate without any manual intervention along a predefined path. The system consists of sensors, wheels, motors, batteries & other electronic components which enable it to move around freely within the warehouse without bumping into things and causing damage.
Application Insights:
The application segment is segregated into production line, warehouse and others. The production line segment dominated the global AGV market in 2017, accounting for over 60% of the overall revenue share. This growth can be attributed to an increase in demand for automated guided vehicles (AGVs) in industrial automation applications such as material handling on assembly lines.
Automated guided vehicles are used to move pallets along a production line by using laser scanners and Global Positioning Systems (GPS). They are also used to transport parts from one location to another within a plant or between plants according to GAVs International Ltd., which provides real-time data about vehicle position on mobile devices or computers.
The warehouse application is expected witness significant growth over the forecast period owing to increasing demand from e-commerce companies for storage facilities at their respective facilities across the globe.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, which have led to an increase in industrial activities. Moreover, rising population coupled with rapid urbanization has resulted in increased demand for consumer goods as well as automobiles, thus driving the logistics sector.
The European market accounted for a significant share owing to growing e-commerce businesses across countries such as Germany and U.K., thereby boosting product distribution centers located near airports and seaports along with major riverside locations throughout Europe that facilitate easy access for large vehicles including AGVs from inland locations at minimal costs.
Growth Factors:
- Increasing demand for AGVs from the automotive and manufacturing sectors
- Growing popularity of automation in warehouses and distribution centers
- Proliferation of e-commerce and the need for faster, more efficient order fulfillment
- Rising labor costs and a shortage of qualified drivers in many countries
- Advances in AGV technology that make them more versatile, efficient, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Logistics Industry AGV Market Research Report
By Type
Automated Forklift Type, Unit Load Type, Tugger Type, Others
By Application
Warehouse, Production Line
By Companies
Rocla, Daifuku, Aethon, JBT, DS Automotion, Meidensha, Seegrid, Aichikikai, Yonegy, Toyota, Rocla, AGVE Group, Atab, KSEC
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Logistics Industry AGV Market Report Segments:
The global Logistics Industry AGV market is segmented on the basis of:
Types
Automated Forklift Type, Unit Load 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
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:
- Rocla
- Daifuku
- Aethon
- JBT
- DS Automotion
- Meidensha
- Seegrid
- Aichikikai
- Yonegy
- Toyota
- Rocla
- AGVE Group
- Atab
- KSEC
Highlights of The Logistics Industry AGV 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:
- Automated Forklift Type
- Unit Load Type
- Tugger Type
- Others
- By Application:
- Warehouse
- Production Line
- 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 Logistics Industry AGV 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
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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?
Logistics Industry AGV is a logistics software company that provides solutions for managing and optimizing freight flows. Its products include the Logistics Manager, which helps organizations manage their freight operations; the Logistics Optimizer, which helps optimize transportation routes and schedules; and the CargoMaster Freight Management System, which provides tracking and management of cargo movements.
Some of the key players operating in the logistics industry agv market are Rocla, Daifuku, Aethon, JBT, DS Automotion, Meidensha, Seegrid, Aichikikai, Yonegy, Toyota, Rocla, AGVE Group, Atab, KSEC.
The logistics industry agv market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Logistics Industry AGV 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 Logistics Industry AGV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Logistics Industry AGV 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 Logistics Industry AGV 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 Logistics Industry AGV Market Size & Forecast, 2020-2028
4.5.1 Logistics Industry AGV Market Size and Y-o-Y Growth
4.5.2 Logistics Industry AGV 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 Automated Forklift Type
5.2.2 Unit Load 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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Logistics Industry AGV 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 Logistics Industry AGV 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 Automated Forklift Type
9.6.2 Unit Load 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
9.11 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 Automated Forklift Type
10.6.2 Unit Load 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
10.11 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 Automated Forklift Type
11.6.2 Unit Load 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
11.11 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 Automated Forklift Type
12.6.2 Unit Load 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
12.11 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 Automated Forklift Type
13.6.2 Unit Load 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
13.11 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 Logistics Industry AGV Market: Competitive Dashboard
14.2 Global Logistics Industry AGV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rocla
14.3.2 Daifuku
14.3.3 Aethon
14.3.4 JBT
14.3.5 DS Automotion
14.3.6 Meidensha
14.3.7 Seegrid
14.3.8 Aichikikai
14.3.9 Yonegy
14.3.10 Toyota
14.3.11 Rocla
14.3.12 AGVE Group
14.3.13 Atab
14.3.14 KSEC
