Insights on the Automated Guided Vehicle Global Market to 2026 – Rise in Demand for Automation by SMEs Presents Opportunities – PRNewswire

DUBLIN, Feb. 23, 2022 /PRNewswire/ -- The "Global Automated Guided Vehicle Market (2021-2026) by Component, Type, Navigation Technology, Battery Type, Application, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Automated Guided Vehicle Market is estimated to be USD 2.31 Bn in 2021 and is expected to reach USD 3.62 Bn by 2026, growing at a CAGR of 9.4%.

Key factors such as the rapid growth of E-commerce and the need for automation in maritime applications for improvement drive market growth. The rise in demand for automation and increase in safety, accuracy, and productivity provide growth opportunities to the market. In addition, AGVs reduce labor costs from a long-term perspective in warehouses in many ways.

However, factors such as high investment cost and lack of flexibility are likely to restrain the market growth. Moreover, the availability of alternative autonomous mobile robots is a major challenge in the market.

Company Profiles

Some of the companies covered in this report are Savant Automation, Dematic, DF Automation & Robotics, E&K Automation, JBT, Kollmorgen, Konecranes, etc.

Countries Studied

Competitive Quadrant

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Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Influencers4.1 Drivers4.1.1 Rapid Growth of E-commerce and Mass Production4.1.2 Increasing Safety Precautions and Regulations in Workplace 4.1.3 Demand for Automation and Material Handling Processes Across Industries 4.2 Restraints4.2.1 High Initial Investment Costs4.2.2 Lack of Flexibility and Obstacle Resistance 4.2.3 Availability of Autonomous Mobile Robot4.3 Opportunities4.3.1 Rise in demand for automation by SMEs 4.3.2 Adoption of 4.0 Technologies 4.4 Challenges4.4.1 Low Labour Cost in Emerging and Developing Countries

5 Market Analysis5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis

6 Global Automated Guided Vehicle Market, By Components6.1 Introduction6.2 Software 6.3 Hardware 6.4 Services

7 Global Automated Guided Vehicle Market, By Type7.1 Introduction 7.2 Automated Guided Carts 7.3 Forklift AGVs 7.4 Towing AGVs 7.5 Unit Load Handlers 7.6 Heavy Burden Carriers 7.7 Others

8 Global Automated Guided Vehicle Market, By Navigation Technology8.1 Introduction 8.2 Magnetic Guidance8.3 Laser Guidance8.4 Vision Guidance8.5 Optical Tape Guidance8.6 Inductive Guidance 8.7 Others

9 Global Automated Guided Vehicle Market, By Battery Type9.1 Introduction9.2 Lead9.3 Lithium Ion9.4 Nickel Based 9.5 Others

10 Global Automated Guided Vehicle Market, By Application10.1 Introduction 10.2 Raw Material Handling10.3 Work in Process Movement10.4 Pallet Handling10.5 Finished Product Handling 10.6 Hazardous Materials Handling 10.7 Others

11 Global Automated Guided Vehicle Market, By Industry11.1 Introduction 11.2 Automotive 11.3 Healthcare11.4 Manufacturing11.5 Logistics11.6 Retail & E-commerce11.7 Food & Beverages11.8 Paper & Printing11.9 Chemical 11.10 Aviation 11.11 Others

12 Global Automated Guided Vehicle Market, By Geography

13 Competitive Landscape13.1 Competitive Quadrant13.2 Market Share Analysis13.3 Strategic Initiatives13.3.1 M&A and Investments13.3.2 Partnerships and Collaborations13.3.3 Product Developments and Improvements

14 Company Profiles 14.1 DF Automation & Robotics14.2 E&K Automation14.3 JBT14.4 Daifuku14.5 Dematic14.6 Eckhart14.7 Irwin Car14.8 Jungheinrich14.9 Kollmorgen14.10 Konecranes14.11 KUKA14.12 Lodige Industries 14.13 Murata Machinery14.14 Oceaneering International14.15 Savant Automation14.16 Scaglia Indeva14.17 Schaefer Systems International14.18 Scott14.19 Siemens14.20 Toyota14.21 VDL 14.22 WEWO Techmotion

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/csdw0f

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Insights on the Automated Guided Vehicle Global Market to 2026 - Rise in Demand for Automation by SMEs Presents Opportunities - PRNewswire