Market Overview:
The global warehousing AGV robot market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in warehouses and distribution centers, rising labor costs, and growing need for improved inventory management. The tugger type segment is expected to hold the largest share of the global warehousing AGV robot market by 2030 owing to its ability to tow heavy loads over long distances. The pallet truck type segment is projected to grow at a higher CAGR than other types during the forecast period as it offers an efficient way of moving goods around warehouses and distribution centers. In terms of application, the manufacturing sector is expected to hold the largest share of the global warehousing AGV robot market by 2030 due its growing demand for automation across industries such as automotive, aerospace & defense, and electronics & semiconductors.
Product Definition:
Warehousing AGV Robot is an autonomous robot used for material handling in a warehouse environment. It is important for the warehousing AGV robot to be able to quickly and efficiently move pallets of goods around the warehouse, as this maximizes space utilization and improves order fulfillment times.
Tugger Type:
Tugger is a generic term used to define an automated guided vehicle. Tuggers are used in warehouses for the transportation of pallets, skids, and other fragile goods. The primary function of a warehouse worker is to move around heavy loads with minimum human effort; hence the need for such advanced robots comes into picture.
The global warehousing AGV robot market was valued at USD 509 million in 2015.
Pallet Truck:
Pallet truck is a specialized truck used to transport pallets. It has a large capacity and low turning radius which helps in efficient transportation of pallets. The growing warehousing industry across the globe is expected to drive market growth over the forecast period. Warehouses facilitate organization of production units, help reduce inventory costs, provide greater control over logistics and enable cross-docking for better distribution of products within the warehouse as well as between warehouses.
Application Insights:
The application segment is segregated into the manufacturing sector and the wholesale and distribution sectors. In 2017, the manufacturing sector accounted for more than 50% of overall revenue share in AGV robot market. The adoption of AGVs has been growing rapidly in various warehouses to automate processes such as picking, packing and palletizing inventory items on shelves or on a floor. Various manufacturers have introduced different types of AGVs with varying degrees of intelligence to carry out complex warehouse operations with minimal human intervention.
The demand for warehousing services is witnessing significant growth owing to increasing e-commerce activities over the world coupled with rising awareness about benefits associated with them such as increased efficiency, productivity along with cost & time savings among others which are likely to drive industry growth over the forecast period.
Regional Analysis:
Europe dominated the warehousing automation robot market in terms of revenue share in 2017. The European Commission (EC) has taken several initiatives to promote industrial automation, which is expected to have a positive impact on the regional market growth over the forecast period. North America and Asia Pacific are also likely to witness significant growth over the next eight years owing to increasing adoption of AGV robots for warehouse applications. Increasing demand for automated material handling equipment from e-commerce companies and rapid industrialization are some factors driving regional market growth. China, Japan, Germany, France and Italy are prominent markets that may be attributed towards Europe’s dominance in terms of revenue share as well as volume sales across all regions considered herein.
Growth Factors:
- Increasing demand for automation in warehouses to improve efficiency and productivity
- Rising number of online shoppers and the consequent increase in demand for fast, reliable, and efficient warehousing and fulfillment services
- Growing trend of outsourcing warehouse operations to third-party logistics providers
- Proliferation of robotics technology and its declining cost
- Increasing focus on sustainability initiatives in warehouses that aim to reduce environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
Warehousing AGV Robot Market Research Report
By Type
Tugger Type, Pallet Truck, Unit Load Carrier, Others
By Application
Manufacturing Sector, Wholesale and Distribution Sector
By Companies
Dematic, Daifuku, Siasun, Meidensha, Toyota, Swisslog, CSG, Yonegy, Rocla, JBT, DS Automotion, Aichikikai, CSIC, Ek Automation, MIR
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Warehousing AGV Robot Market Report Segments:
The global Warehousing AGV Robot market is segmented on the basis of:
Types
Tugger Type, Pallet Truck, Unit Load Carrier, 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
Manufacturing Sector, Wholesale and Distribution Sector
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:
- Dematic
- Daifuku
- Siasun
- Meidensha
- Toyota
- Swisslog
- CSG
- Yonegy
- Rocla
- JBT
- DS Automotion
- Aichikikai
- CSIC
- Ek Automation
- MIR
Highlights of The Warehousing AGV Robot 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:
- Tugger Type
- Pallet Truck
- Unit Load Carrier
- Others
- By Application:
- Manufacturing Sector
- Wholesale and Distribution Sector
- 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 Warehousing AGV Robot 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?
Warehousing AGV Robot is a warehouse automation system that helps businesses automate their warehouse operations. It uses sensors to detect and track inventory, and it can automatically order and distribute products from the warehouse. Warehousing AGV Robot also provides reports that help managers make informed decisions about how to allocate resources in the warehouse.
Some of the major companies in the warehousing agv robot market are Dematic, Daifuku, Siasun, Meidensha, Toyota, Swisslog, CSG, Yonegy, Rocla, JBT, DS Automotion, Aichikikai, CSIC, Ek Automation, MIR.
The warehousing agv robot 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 Warehousing AGV Robot 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 Warehousing AGV Robot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Warehousing AGV Robot 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 Warehousing AGV Robot 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 Warehousing AGV Robot Market Size & Forecast, 2018-2028
4.5.1 Warehousing AGV Robot Market Size and Y-o-Y Growth
4.5.2 Warehousing AGV Robot Market Absolute $ Opportunity
Chapter 5 Global Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Type
5.2.1 Tugger Type
5.2.2 Pallet Truck
5.2.3 Unit Load Carrier
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Applications
6.2.1 Manufacturing Sector
6.2.2 Wholesale and Distribution Sector
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Warehousing AGV Robot 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 Warehousing AGV Robot 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 Warehousing AGV Robot Analysis and Forecast
9.1 Introduction
9.2 North America Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Type
9.6.1 Tugger Type
9.6.2 Pallet Truck
9.6.3 Unit Load Carrier
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 Warehousing AGV Robot Market Size Forecast by Applications
9.10.1 Manufacturing Sector
9.10.2 Wholesale and Distribution Sector
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 Warehousing AGV Robot Analysis and Forecast
10.1 Introduction
10.2 Europe Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Type
10.6.1 Tugger Type
10.6.2 Pallet Truck
10.6.3 Unit Load Carrier
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 Warehousing AGV Robot Market Size Forecast by Applications
10.10.1 Manufacturing Sector
10.10.2 Wholesale and Distribution Sector
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 Warehousing AGV Robot Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Type
11.6.1 Tugger Type
11.6.2 Pallet Truck
11.6.3 Unit Load Carrier
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 Warehousing AGV Robot Market Size Forecast by Applications
11.10.1 Manufacturing Sector
11.10.2 Wholesale and Distribution Sector
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 Warehousing AGV Robot Analysis and Forecast
12.1 Introduction
12.2 Latin America Warehousing AGV Robot 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 Warehousing AGV Robot Market Size Forecast by Type
12.6.1 Tugger Type
12.6.2 Pallet Truck
12.6.3 Unit Load Carrier
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 Warehousing AGV Robot Market Size Forecast by Applications
12.10.1 Manufacturing Sector
12.10.2 Wholesale and Distribution Sector
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) Warehousing AGV Robot Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Warehousing AGV Robot 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) Warehousing AGV Robot Market Size Forecast by Type
13.6.1 Tugger Type
13.6.2 Pallet Truck
13.6.3 Unit Load Carrier
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) Warehousing AGV Robot Market Size Forecast by Applications
13.10.1 Manufacturing Sector
13.10.2 Wholesale and Distribution Sector
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 Warehousing AGV Robot Market: Competitive Dashboard
14.2 Global Warehousing AGV Robot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dematic
14.3.2 Daifuku
14.3.3 Siasun
14.3.4 Meidensha
14.3.5 Toyota
14.3.6 Swisslog
14.3.7 CSG
14.3.8 Yonegy
14.3.9 Rocla
14.3.10 JBT
14.3.11 DS Automotion
14.3.12 Aichikikai
14.3.13 CSIC
14.3.14 Ek Automation
14.3.15 MIR
