Market Overview:
The global tugger automated guided vehicle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tugger automated guided vehicles in various industries such as automotive, food and beverage, pharmaceuticals, and electronics among others. Additionally, the increasing adoption of autonomous vehicles is also contributing to the growth of this market.
Product Definition:
A tugger automated guided vehicle (AGV) is a motorized device that transports goods within a manufacturing or distribution facility. Tuggers are used to move pallets, crates, and other large objects. They can operate autonomously or be directed by a human operator. The importance of tuggers is that they can improve efficiency and productivity in a facility by reducing the need for manual labor.
Fully Automatic Hitch:
Fully automatic hitches are the most advanced type of automated guided vehicles (AGV) currently available in the market. They are designed to perform repetitive tasks without any human intervention. Fully automatic hitches have witnessed a tremendous growth in recent years, owing to their increasing adoption across various industries such as logistics & warehousing, and automotive among others.
Un-hitch Mechanism:
The Un-hitch mechanism is a safety device used in the towing vehicles. It helps in preventing the vehicle from being moved out of position by applying brakes or using other means. The main function of this device is to release the cable or chain that has connected between vehicle and trailer thus, making it possible for driver towing vehicle back into position.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing automotive industry across the globe is expected to be one of the major factors driving product demand in this segment.
The electronics industry also holds significant growth potential for tugger automated guided vehicles as they offer cost-effective solutions and help manufacturers reduce waste by automating production processes, thereby increasing their overall efficiency. Furthermore, these vehicles can be used on flexible bases owing to their modular design that allows easy reconfiguration between different products within seconds without shutting down production lines or suspending operations completely.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong growth in several industries, such as automotive, food and beverage, pharmaceuticals, electronics among others. This can be attributed to increasing demand for automated guided vehicles from countries like China and Japan among other Asian countries.
The Asia Pacific regional market is also anticipated to witness significant growth over the forecast period owing to rising product demand from various application industries across developing economies including China and India among others. Moreover, growing investments by prominent players for manufacturing automated guided vehicles on a large scale are further expected to drive industry expansion over the next eight years or more till 2030 AD (Year-on-Date).
North America accounted for a significant share of revenue in 2017 due to high product penetration along with increased R&D activities by major companies operating within this region since past few years ago.
Growth Factors:
- Increasing demand for automated guided vehicles from the automotive and manufacturing industries for improving efficiency and productivity.
- Growing popularity of AGVs in e-commerce and warehouse applications for reducing labor costs and improving inventory management.
- Rising demand for AGVs from the food and beverage industry to improve production throughput, quality, and safety.
- Increasing adoption of AGVs in healthcare sector to reduce manual handling injuries among staff members and improve patient care delivery process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tugger Automated Guided Vehicle Market Research Report
By Type
Fully Automatic Hitch, Un-hitch Mechanism, Others
By Application
Automotive Industry, Food and Beverage Industry, Pharmaceutical Industry, Electronics Industry, Others
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Tugger Automated Guided Vehicle Market Report Segments:
The global Tugger Automated Guided Vehicle market is segmented on the basis of:
Types
Fully Automatic Hitch, Un-hitch Mechanism, 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
Automotive Industry, Food and Beverage Industry, Pharmaceutical Industry, Electronics Industry, 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
- Dematic
- Dematic
- JBT
- Meidensha
- Corecon
- Seegrid
- Aethon
- Doerfer
- Savant Automation
- Bastian Solutions
- Murata
- Transbotics
Highlights of The Tugger Automated Guided Vehicle 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:
- Fully Automatic Hitch
- Un-hitch Mechanism
- Others
- By Application:
- Automotive Industry
- Food and Beverage Industry
- Pharmaceutical Industry
- Electronics Industry
- 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 Tugger Automated Guided Vehicle 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Tugger Automated Guided Vehicle is a self-driving car that uses lasers and sensors to navigate its surroundings. It can be used for transportation, delivery, or as a research tool.
Some of the key players operating in the tugger automated guided vehicle market are Daifuku, Dematic, Dematic, JBT, Meidensha, Corecon, Seegrid, Aethon, Doerfer, Savant Automation, Bastian Solutions, Murata, Transbotics.
The tugger automated guided vehicle market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size & Forecast, 2018-2028
4.5.1 Tugger Automated Guided Vehicle Market Size and Y-o-Y Growth
4.5.2 Tugger Automated Guided Vehicle Market Absolute $ Opportunity
Chapter 5 Global Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Type
5.2.1 Fully Automatic Hitch
5.2.2 Un-hitch Mechanism
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Food and Beverage Industry
6.2.3 Pharmaceutical Industry
6.2.4 Electronics Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Analysis and Forecast
9.1 Introduction
9.2 North America Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Type
9.6.1 Fully Automatic Hitch
9.6.2 Un-hitch Mechanism
9.6.3 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 Tugger Automated Guided Vehicle Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Food and Beverage Industry
9.10.3 Pharmaceutical Industry
9.10.4 Electronics Industry
9.10.5 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 Tugger Automated Guided Vehicle Analysis and Forecast
10.1 Introduction
10.2 Europe Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Type
10.6.1 Fully Automatic Hitch
10.6.2 Un-hitch Mechanism
10.6.3 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 Tugger Automated Guided Vehicle Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Food and Beverage Industry
10.10.3 Pharmaceutical Industry
10.10.4 Electronics Industry
10.10.5 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 Tugger Automated Guided Vehicle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Type
11.6.1 Fully Automatic Hitch
11.6.2 Un-hitch Mechanism
11.6.3 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 Tugger Automated Guided Vehicle Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Food and Beverage Industry
11.10.3 Pharmaceutical Industry
11.10.4 Electronics Industry
11.10.5 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 Tugger Automated Guided Vehicle Analysis and Forecast
12.1 Introduction
12.2 Latin America Tugger Automated Guided Vehicle 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 Tugger Automated Guided Vehicle Market Size Forecast by Type
12.6.1 Fully Automatic Hitch
12.6.2 Un-hitch Mechanism
12.6.3 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 Tugger Automated Guided Vehicle Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Food and Beverage Industry
12.10.3 Pharmaceutical Industry
12.10.4 Electronics Industry
12.10.5 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) Tugger Automated Guided Vehicle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tugger Automated Guided Vehicle 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) Tugger Automated Guided Vehicle Market Size Forecast by Type
13.6.1 Fully Automatic Hitch
13.6.2 Un-hitch Mechanism
13.6.3 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) Tugger Automated Guided Vehicle Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Food and Beverage Industry
13.10.3 Pharmaceutical Industry
13.10.4 Electronics Industry
13.10.5 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 Tugger Automated Guided Vehicle Market: Competitive Dashboard
14.2 Global Tugger Automated Guided Vehicle 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
