1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
Global and China Automated Guided Vehicle (AGV) Industry Report, 2020-2026

Global and China Automated Guided Vehicle (AGV) Industry Report, 2020-2026

  • January 2021
  • 236 pages
  • ID: 5603911
  • Format: PDF
  • Research In China


Table of Contents

Automated Guided Vehicle (AGV), a kind of industrial robot, shares the same industry chain structure with industrial robot. Robot components, as the upstream also the core of the industry chain, occupies the most majority of costs in robot products. The medium sector is robot manufacturing & system integration enterprises, and downstream sectors covers application industries such as automobiles, 3C electronics and logistics.

As a substitute for human resources, the demand for moving AGVs has become increasingly strong. In 2019, China’s AGVs sold 40,670 units, up 37.4% yr-on-yr. In 2020, the new application value of AGVs (reducing human-to-human contact) was released due to COVID-19 epidemic, accelerating the development of entire AGV industry application scenarios. It is estimated the AGV sales volume hit 53,000 units in 2020, and forecasted to exceed 130,000 units by 2026.

From the perspective of application scenarios, AGV are mainly used in handling scenarios, and wherever there is handling, there is the possibility of AGV application. By application fields, the automobile industry, 3C electronics, tobacco industry, and logistics industry are the most widely used and most promising industries for AGV. Among them, the largest application field is e-commerce logistics services, accounting for about 32.8% of the total AGV demand. AGVs can automatically carry according to the optimal driving route, accurately dock at the desired manual picking platform, and pick out the corresponding quantity of goods. The matching AGV intelligent management system can complete the supervision of all cargo situations and operation links, and can check the storage, delivery, transportation, etc. of goods at any time, so that customers can grasp the dynamics of their own goods in real time.

Another typical application of AGV is in the automotive industry, and mainly in the engine assembly line, or the docking of the chassis and platform. For example: ? automatic transportation of raw materials ? transportation of the assembly line ? transportation to and from the test area ? automatic transportation between workshop and finished products. Judging from the current data of domestic automobile manufacturers, most players have adopted domestic AGV as a circulation hardware for in-plant production logistics, with a high localization rate.

In terms of competition pattern, AGV carries relatively high localization rate but scattered market concentration, and the market steps into an era of competition. Every AGV manufacturer has its own unique advantages. Since 2015, the AGV industry has entered a period of rapid development, and there are large variables in the industry. Relatively speaking, enterprises with deeper technological accumulation and more unique functional development may benefit more from industry changes.

Formally established in 2000 and affiliated to Shenyang Institute of Automation, Shenyang Siasun Robot & Automation Co., Ltd. specializes in industrial robots, automated assembly and inspection production lines, logistics and storage automation complete sets of equipment, etc. In 2019, it realized revenue of 2.745 billion yuan, down 11.3% yr-on-yr. Among them, the logistics and storage automation complete sets of equipment business harvested operating revenue of 1.060 billion yuan, up 9.3% yr-on-yr. Its AGV mainly includes handling AGVs and assembly AGVs. Navigation technology covers a variety of navigation methods such as magnetic tape, laser, inertia, vision, GPS, natural contour, etc. Its AGV products are mainly applied in automobile and military fields, and the market share in automobile sector ranks first.

Yunnan KSEC Intelligent Equipment Co., Ltd., a subsidiary of Kunming Shipbuilding Equipment Group Co., Ltd., started to set foot in the AGV industry as an agent for Samsung AGV products in South Korea in 1996. It has been dedicated to R&D, production and sales of AGV for nearly 20 years. Its AGV products are mainly concentrated in tobacco, automobile, and household appliances industries, of which the market share in tobacco industry accounts for more than 60%, ranking first in the industry. Food & beverage industry is its next focus. In 2019, Yunnan KSEC ’s AGV business revenue exceeded 100 million yuan, second only to Shenyang Siasun.

Founded in 2003, Huaxiao Precision (Suzhou) Co., Ltd. specializes in logistics containers, logistics automation equipment and related non-standard equipment products, of which logistics automation equipment is mainly AGV products widely used in automotive field, customers include Nissan, Renault, etc., and are exported to overseas markets. In January 2016, CSG Smart Science & Technology invested 60 million yuan to acquire 100% equity of Huaxiao Precision. CSG Huaxiao put forward the concept of "AGV +," that is, to connect or carry more and more creative scene applications based on AGV robots.

Global and China Automated Guided Vehicle (AGV) Industry Report, 2020-2026 highlights the following:
Definition and classification of AGV, including industry chain;
Global AGV market (size, demand structure, competitive pattern, development in Japan, Europe, USA, etc.);
China AGV market (size, product structure by product, demand structure, price, competitive, and development trends);
Core components market for AGV, including AGV system, on-board control system, drive system (motor and speed reducer, etc), navigation system (magnetic navigation sensor, laser navigation, laser scanner, etc), and charging system;
Major downstream sectors of AGV, including automobile, parking, power patrol, tobacco, and so on;
29 global and Chinese AGV companies (operation, AGV products, and development strategy, etc.).

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.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace 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 [email protected] 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 - [email protected] 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


Reportlinker.com © Copyright 2022. 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