1. Market Research
  2. > Manufacturing
  3. > Robotics Market Trends
Automated Guided Vehicle Market by Type (Unit Load Carrier, Tow Vehicle, Forklift Truck, Pallet Truck, Assembly Line Vehicle), Navigation Technology, Battery Type, Industry, Application, & Region - Global Forecast to 2022

Automated Guided Vehicle Market: Global Forecast until 2022

  • April 2017
  • 183 pages
  • ID: 2912482
In this report:
The global automated guided vehicle market registered a shipment of ##.## thousand units in 2016 and is expected to reach ##.## thousand units by 2022, at a CAGR of ##.##% between 2017 and 2022.
The market for assembly line vehicle AGVs is expected to grow at the highest CAGR of ##.##% between 2014 and 2022 owing to demand in automotive and food & beverages industries as these vehicles are capable of swift delivery of subassemblies having light loads to the assembly line.


Table of Contents

Search Inside

"Automated guided vehicle market to grow at a CAGR (Compound annual growth rate) of ~9.3 percent"

The automated guided vehicle market is forecasted to reach ~$2.7B by 2022, increasing at a compound annual growth rate (CAGR) of ~9.3 percent between 2017 and 2022. The advancements in automation, emphasis on workplace safety, and increasing efforts to minimize operational cost and enhance global performance are the main factors driving the increase of the automated guided vehicle market.

"The automated guided vehicle market for the aerospace sector is anticipated to rise at the maximal rate during the outlook period"

Automated guided vehicles are gaining popularity in the aerospace market as they facilitate the manufacturing and assembly of the aircraft. AGVs are used for storing parts of aircraft, for picking and handling components during the assembly of aircraft, and for organizing aircraft parts efficiently for quick and reliable access. Furthermore, AGV affords flexibility and can handle small to big components effectively from the assembly to the transportation operation. Therefore, the sector for automated guided vehicles in the aerospace sector is expected to show a high increase rate during the estimate period.

"Tow vehicle is forecasted to dominate the automated guided vehicle market between 2017 and 2022"

Tow AGVs are the most productive type of AGV and are used for towing and tugging because of their ability to move more loads with multiple trailers compared to the single fork trucks. This type of AGV maintains the largest part of market share among others, and the trend is anticipated to continue during the outlook period.

"EU is forecasted to hold the biggest market share during the estimate period"

Europe (EU) held the biggest share of the global automated guided vehicle market in 2016 and sectors including automotive and manufacturing are driving the rise of the said market in this area. Also, the market increase is mainly attributed to the increasing need for intelligent, simple, and flexible material handling automation systems across markets. On the other hand, the industry in Asia-Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. The growing production facilities and expansion of plants have enhanced the sector for automated guided vehicles across territories in the Asia-Pacific regions.

In the process of finding out and checking the market value for various segments and subsegments of the automated guided vehicle market, extensive secondary research and primary Q&A with main people have been conducted.

The break-up of the profiles of primary members taking part is shown below:

• By Company category: Tier 1 - 25.0 percent, Tier 2 - 40.0 percent, and Tier 3 - 35.0 percent

• By Description: C-suite - 72.0 percent, D-level - 28.0 percent

• By Area: North America (NA) - 32.0 percent, EU - 30.0 percent, Asia-Pac - 24.0 percent, RoW - 14.0 percent

The geographical segmentation in the analysis includes four main regions: North America continent, Europe (EU), Asia Pacific (APAC), and RoW. The report also profiles main actors in the automated guided vehicle market. Some of the main players in this sector are Daifuku Co., Limited, JBT Corporation, KION Group, KUKA (ETR:KU2), Toyota Industrial Corporation, Hyster-Yale Materials Handling, Incorporated, Kollmorgen, E&K Automation GmbH, Seegrid Corporation, and SSI Schaefer AG.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research highlights on several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which comprise and discuss the basic overviews on the competitive landscape; coming out and high-growth segments of the automated guided vehicle market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on products provided by the top actors of the overall automated guided vehicle market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the automated guided vehicle market

• Market Development: Highlighted information about lucrative emerging markets-the report examines the industries for automated guided vehicle across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall automated guided vehicle market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall automated guided vehicle market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Offshore ROV Market by Type, Depth, Application, AUV And Region - Global Forecast to 2023

Offshore ROV Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • July 2018
  • by MarketsandMarkets

The offshore ROV market is projected to grow at a CAGR of 3.27% during the forecast period.The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million ...

Global Offshore ROV Market Analysis & Trends - Industry Forecast to 2027

Global Offshore ROV Market Analysis & Trends - Industry Forecast to 2027

  • $ 4200
  • Industry report
  • July 2018
  • by Accuray Research LLP

The Global Offshore ROV Market is poised to grow strong during the forecast period 2017 to 2027.Some of the prominent trends that the market is witnessing include advancements in electrical motor technology, ...

Global Unmanned Ground Vehicle Market Analysis 2017 - Forecast to 2025

Global Unmanned Ground Vehicle Market Analysis 2017 - Forecast to 2025

  • $ 3950
  • Industry report
  • April 2018
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools.The report contains up to date financial data derived from varied research sources to present ...


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on