無人搬送車(AGV)市場 – 2029年までの世界予測

Automated Guided Vehicle (AGV) Market - Global Forecast to 2029

無人搬送車(AGV)市場 - タイプ (牽引車、ユニットロードキャリア、パレットトラック、組立ライン車両、フォークリフト)、ナビゲーション技術 (レーザー、磁気、誘導、光テープ、ビジョン、慣性、ビーコン) - 2029年までの世界予測
Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision, Inertial, Beacon) - Global Forecast to 2029

商品番号 : SMB-8393

出版社MarketsandMarkets
出版年月2024年11月
ページ数306
図表数318
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global automated guided vehicle market is projected to reach USD 2.56 billion by 2024 and USD 3.78 billion by 2029, at a CAGR of 8.1%.

世界の無人搬送車(AGV)市場は、CAGR 8.1%で、2024年までに25億6,000万米ドル、2029年までに37億8,000万米ドルに達すると予測されています。

This growth is driven by the increasing demand for efficient intralogistics systems as well as the rapidly proliferating e-commerce activities that need streamlined warehouse management. The improvements in battery technology in addition to the introduction of modular AGV designs have greatly improved the versatility and reliability of these systems. The growing trend toward sustainability has also led to increasing investment in electric and autonomous vehicles, which are essential in modernizing material handling processes.

無人搬送車(AGV)市場 - 2029年までの世界予測
automated-guided-vehicle-market

“Tow vehicles to maintain largest market share during the forecast period.”

Tow vehicles are expected to emerge as the leader in the automated guided vehicle market in terms of market share during the forecast period due to their versatile applications across various industries. These tow vehicles, being utilized mainly to transport heavy loads with ease, possess a higher advantage in material handling operations in terms of increased productivity, low labor cost, and minimal error rates. These AGVs are increasingly used in manufacturing, warehouses, and distribution centers due to the bulk goods movement over a distance. Advances in the navigation technologies along with integration with automation systems have made tow vehicles more reliable and adaptable. As industries increasingly adopt automation to achieve better efficiency in operations and increase demand, tow vehicles are expected to remain the leader in the automated guided vehicle market.

無人搬送車(AGV)市場 - 2029年までの世界予測 12
automated-guided-vehicle-market-impact

“Laser guidance technology to hold largest market share due to ability to support flexible and scalable operations in dynamic industrial settings.”

Laser guidance technology is likely to hold the largest market share during the forecast period. Unlike other conventional guidance systems, laser-guided AGVs do not demand physical infrastructures like magnetic strips or tracks, making them cost-effective for those facilities planning to expand or reconfigure layouts. Furthermore, laser guidance enhances route optimization and operational efficiency, allowing real-time path adjustments that are helpful in those industrial sectors characterized by high throughput requirements, such as e-commerce and retail logistics. The growing emphasis focus on smart factories and initiatives around Industry 4.0 also fuel the adoption of laser-guided AGVs, given that their advanced sensors and mapping capabilities fit well with the growing need for digitized and autonomous workflows. sensors and mapping capabilities fit well with the growing need for digitized and autonomous workflows.

“3PL Segment is Projected to Witness a Substantially High CAGR in the market during the forecast period.”

The 3PL segment is expected to be the dominant automated guided vehicle market, because of the increasing demand for efficient and cost-effective material handling solutions. An increase in e-commerce and international trade activities driving the adoption of advanced AGVs, streamlining the warehouse operations, enhancing inventory management and optimization of supply chain processes for leading 3PL providers. Features such as real-time tracking, route optimization, and predictive maintenance offered by the integration of smart technologies, lot, and Al in AGVs have further increased their adoption. Therefore, as businesses are gradually focusing on increasing their speed, accuracy, and scalability in the offerings of their logistics, the demand for advanced AGV solutions in the 3PL industry is set to rise significantly. Accordingly, this is expected to be a contributing factor in innovation and market growth in the AGV market.

” Europe is set to hold a significant share in automated guided vehicle market”

Europe is expected to be the pivotal in the AGV market since driven by the region’s intense focus on innovation; strong logistics networks, and demand for highly advanced material handling solutions. Emphasis on making the manufacturing sector digital and automated by the European Union has also contributed to fostering AGV adoption. Its programs related to smart manufacturing and transition toward connected factories are further boosting demand. The UK, Spain, and the Netherlands are significant traction due to their growing retail and logistics industries.

無人搬送車(AGV)市場 - 2029年までの世界予測 region
automated-guided-vehicle-market-region

Breakdown of primaries

A variety of executives from key organizations operating in the automated guided vehicle market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.

  • By Company Type: Tier 1 –30%, Tier 2 – 40%, and Tier 3 – 30%
  • By Designation: C-level Executives – 35%, Directors – 40%, and Others – 20%
  • By Region: North America – 30%, Europe – 25%, Asia Pacific – 30%, and RoW – 15%

Major players profiled in this report are as follows:  Major Players:Daifuku Co., Ltd. (Japan), JBT (US), KION Group AG (Germany), Toyota Industries Corporation (Japan), and KUKA AG (Germany) and Others. These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets.

無人搬送車(AGV)市場 - 2029年までの世界予測 ecosystem
automated-guided-vehicle-market-ecosystem

The study provides a detailed competitive analysis of these key players in the automated guided vehicle market, presenting their company profiles, most recent developments, and key market strategies.

Research Coverage

In this report, the automated guided vehicle market has been segmented based on type, navigation technology, industry and region. The type segment consists of Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicle, Forklift Vehicles and Other Types (AGCs, Hybrid AGVs, Customized AGVs). The navigation technology segment consists of Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance, and Other Guidance Technologies (Inertial, Beacon, Dead Reckoning Guidance). The industry segment consists of Automotive, Chemicals, Aviation, Semiconductor & Electronics, E-commerce, Food & Beverage, Healthcare, Metals & Heavy Machinery, 3PL, and Others (Printing & Paper, Textile). The market has been segmented into four regions-North America, Asia Pacific, Europe, and RoW.

Reasons to buy the report

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the automated guided vehicle market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Benefits of Buying the Report

Analysis of key drivers (Rising demand for automation solutions in various industries, Increased focus on enhancing workplace safety, Marked shift to mass customization from mass production, Growing demand for material handling technology fuels automated guided vehicle sales, and Rising demand in E-commerce drives automated guided vehicle (AGV) adoption for efficient order fulfillment), restraints (High installation, maintenance, and switching costs associated with AGVs, Increasing preference for mobile robots over AGVs in retail and e-commerce industries, Lack of flexibility and obstacle resistance in AGVs, and Challenges with infrastructure compatibility in developing countries) opportunities (Growing implementation of Industry 4.0 technologies in warehousing sector, Increasing focus on industrial automation by SMEs, Substantial growth of industrial sector in emerging economies, Presence of huge intralogistics sector in Southeast Asia, and Enhanced AGV Capabilities through technological integration), and challenges (Low labor costs restricting adoption of AGVs in emerging economies , Technical challenges related to sensing elements, and Maintenance challenges and downtime in AGV Operations) influencing the growth of the automated guided vehicle market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the automated guided vehicle market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the automated guided vehicle market across varied regions.
  • Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the automated guided vehicle market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Daifuku Co., Ltd. (Japan), JBT (US), KION Group AG (Germany), Toyota Industries Corporation (Japan), KUKA AG (Germany) and Others.

Table of Contents

1               INTRODUCTION              27

1.1           STUDY OBJECTIVES       27

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   28

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      28

1.3.2        YEARS CONSIDERED      29

1.3.3        INCLUSIONS AND EXCLUSIONS 29

1.4           CURRENCY CONSIDERED            30

1.5           UNITS CONSIDERED      30

1.6           LIMITATIONS    30

1.7           STAKEHOLDERS               30

1.8           SUMMARY OF CHANGES               31

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.1.1        SECONDARY DATA          33

2.1.1.1    List of key secondary sources              33

2.1.1.2    Key data from secondary sources       33

2.1.2        PRIMARY DATA 34

2.1.2.1    Primary interviews with experts         34

2.1.2.2    Breakdown of primary interviews      34

2.1.2.3    Key data from primary sources           35

2.1.3        SECONDARY AND PRIMARY RESEARCH 36

2.1.3.1    Key industry insights           37

2.2           MARKET SIZE ESTIMATION         37

2.2.1        BOTTOM-UP APPROACH              38

2.2.1.1    Approach to arrive at market size using bottom-up analysis                 38

2.2.2        TOP-DOWN APPROACH                39

2.2.2.1    Approach to arrive at market size using top-down analysis                 39

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 40

2.4           RESEARCH ASSUMPTIONS           42

2.5           RESEARCH LIMITATIONS             42

2.6           RISK ANALYSIS  43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       48

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMATED GUIDED VEHICLE MARKET             48

4.2           AUTOMATED GUIDED VEHICLE MARKET, BY TYPE                 49

4.3           AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY      49

4.4           AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY                 50

4.5           AUTOMATED GUIDED VEHICLE MARKET IN NORTH AMERICA, BY INDUSTRY

AND COUNTRY 50

4.6           AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY                 51

5               MARKET OVERVIEW       52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       52

5.2.1        DRIVERS               53

5.2.1.1    Rising demand for automation solutions in various industries                 53

5.2.1.2    Increasing focus on enhancing workplace safety              53

5.2.1.3    Marked shift to mass customization from mass production                 53

5.2.1.4    Growing demand for material handling technology        54

5.2.1.5    Rapid expansion of e-commerce industry         54

5.2.2        RESTRAINTS      55

5.2.2.1    High installation, maintenance, and switching costs      55

5.2.2.2    Growing preference for mobile robots over AGVs          56

5.2.2.3    Issues with infrastructure compatibility in developing countries                 56

5.2.3        OPPORTUNITIES              57

5.2.3.1    Growing implementation of Industry 4.0 technologies

in warehousing sector          57

5.2.3.2    Increasing focus on industrial automation by SMEs       58

5.2.3.3    Substantial growth of industrial sector in emerging economies                 58

5.2.3.4    Rapidly growing intralogistics sector in Southeast Asia 58

5.2.3.5    Constant technological innovations to enhance AGV capabilities                 58

5.2.4        CHALLENGES    59

5.2.4.1    Low labor costs restricting adoption in emerging economies                 59

5.2.4.2    Technical challenges and downtime in operations          60

5.3           VALUE CHAIN ANALYSIS               60

5.4           ECOSYSTEM ANALYSIS  63

5.5           PRICING ANALYSIS          65

5.5.1        INDICATIVE PRICING OF FORKLIFT TRUCKS OFFERED BY KEY PLAYERS, 2023    65

5.5.2        AVERAGE SELLING PRICE TREND FOR AGVS, BY TYPE, 2020–2023              66

5.5.3       AVERAGE SELLING PRICE TREND FOR AGVS, BY REGION, 2020–2023              67

5.6           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            68

5.7           INVESTMENT AND FUNDING SCENARIO               68

5.8           TECHNOLOGY ANALYSIS             69

5.8.1        KEY TECHNOLOGIES     69

5.8.1.1    Artificial intelligence            69

5.8.1.2    Machine learning 69

5.8.2        ADJACENT TECHNOLOGIES       69

5.8.2.1    Internet of Things                 69

5.8.2.2    5G           69

5.8.3        COMPLEMENTARY TECHNOLOGIES       70

5.8.3.1    Collaborative robots             70

5.8.3.2    Digital twin technology       70

5.9           PORTER’S FIVE FORCES ANALYSIS            70

5.10         KEY STAKEHOLDERS AND BUYING CRITERIA     72

5.10.1      KEY STAKEHOLDERS IN BUYING PROCESS           72

5.10.2      BUYING CRITERIA           72

5.11         CASE STUDY ANALYSIS 73

5.11.1      MASTERMOVER’S AGV ACCELERATES EFFICIENCY AT TOYOTA

MOTOR MANUFACTURING         73

5.11.2      IMPLEMENTATION OF AGV & PALLETISING SYSTEM FOR KILCOY

PASTORAL COMPANY   74

5.11.3      SCOTT AUTOMATION’S ADVANCED AGV AND PALLETISING SYSTEM

ENHANCE EFFICIENCY OF KILCOY PASTORAL COMPANY                 74

5.11.4      AGV-BASED INSTRUMENTAL PANEL ASSEMBLY LINE ENHANCES

EFFICIENCY AT JAGUAR LAND ROVER SLOVAKIA             75

5.11.5      E80 GROUP IMPLEMENTS LGVS AT METSÄ TISSUE’S WAREHOUSES

TO IMPROVE OPERATIONAL PERFORMANCE   76

5.12         KEY CONFERENCES AND EVENTS, 2024–2025        76

5.13         TRADE ANALYSIS             78

5.13.1      IMPORT SCENARIO (HS CODE 842710)    78

5.13.2      EXPORT SCENARIO (HS CODE 842710)    79

5.14         PATENT ANALYSIS          80

5.15         REGULATORY LANDSCAPE         83

5.15.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             83

5.15.2      STANDARDS      85

5.15.3      REGULATIONS  87

5.16         IMPACT OF AI ON AUTOMATED GUIDED VEHICLE MARKET               88

5.16.1      INTRODUCTION              88

5.16.2      IMPACT ON AUTOMATED GUIDED VEHICLE MARKET                 89

5.16.3      TOP USE CASES AND MARKET POTENTIAL          89

6               EMERGING TECHNOLOGIES AND APPLICATIONS OF

AUTOMATED GUIDED VEHICLES             92

6.1           INTRODUCTION              92

6.2           EMERGING TECHNOLOGIES USED IN AUTOMATED GUIDED VEHICLES          92

6.2.1        LIDAR SENSORS                92

6.2.2        CAMERA VISION               93

6.2.3        DUAL-MODE AUTOMATED GUIDED VEHICLES 93

6.3           LATEST APPLICATIONS OF AUTOMATED GUIDED VEHICLES            94

6.3.1        HOSPITALS         94

6.3.2        THEME PARKS   94

6.3.3        AGRICULTURE  95

7               BATTERY TYPES AND CHARGING ALTERNATIVES FOR

AUTOMATED GUIDED VEHICLES             96

7.1           INTRODUCTION              96

7.2           TYPES OF BATTERIES USED IN AUTOMATED GUIDED VEHICLES            96

7.2.1        LEAD–ACID BATTERIES 96

7.2.2        LITHIUM–ION BATTERIES            97

7.2.3        NICKEL-BASED BATTERIES         97

7.2.4        OTHERS                97

7.3           BATTERY CHARGING ALTERNATIVES    97

7.3.1        AUTOMATIC AND OPPORTUNITY CHARGING   97

7.3.1.1    Wireless charging 97

7.3.2        BATTERY SWAP                 98

7.3.2.1    Automatic battery swap       98

7.3.3        PLUG-IN CHARGING       98

7.3.3.1    Manual plug-in charging     98

7.3.3.2    Automatic plug-in charging                98

8               OFFERINGS IN AUTOMATED GUIDED VEHICLE MARKET                 99

8.1           INTRODUCTION              99

8.2           HARDWARE        99

8.3           SOFTWARE AND SERVICES          100

9               RECENT TRENDS IN AUTOMATED GUIDED VEHICLES                 101

9.1           INTRODUCTION              101

9.2           INTERNET OF THINGS CONNECTIVITY 101

9.3           ADOPTION OF COLLABORATIVE AGVS 101

9.4           SCALABILITY AND MODULAR DESIGN  101

9.5           ADVANCED NAVIGATION TECHNOLOGIES         101

9.6           ENERGY EFFICIENCY AND SUSTAINABILITY       102

9.7           INTEGRATION OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING     102

9.8           EDGE COMPUTING FOR REAL-TIME DATA PROCESSING                 102

10            APPLICATIONS OF AUTOMATED GUIDED VEHICLES                 103

10.1         INTRODUCTION              103

10.2         PICK & PLACE    103

10.3         PACKAGING & PALLETIZING      104

10.4         ASSEMBLY & STORAGE 104

11            AUTOMATED GUIDED VEHICLE MARKET, BY PAYLOAD CAPACITY           105

11.1         INTRODUCTION              106

11.2         LIGHT-DUTY AGVS         107

11.2.1      FLEXIBILITY AND COST-EFFECTIVENESS IN HANDLING SMALL LOADS

TO SUPPORT MARKET GROWTH              107

11.3         MEDIUM-DUTY AGVS    108

11.3.1      ABILITY TO HANDLE MODERATE LOADS ACROSS DIVERSE INDUSTRIES

TO BOOST DEMAND      108

11.4         HEAVY-DUTY AGVS        109

11.4.1      CAPACITY TO HANDLE EXTREMELY HEAVY LOADS TO DRIVE

SEGMENTAL GROWTH  109

12            AUTOMATED GUIDED VEHICLE MARKET, BY TYPE                 110

12.1         INTRODUCTION              111

12.2         TOW VEHICLES 114

12.2.1      HEIGHTENED PRODUCTIVITY AND COST SAVINGS TO SUPPORT

MARKET GROWTH          114

12.3         UNIT LOAD CARRIERS   116

12.3.1      REDUCED LABOR COST AND OPERATIONAL EFFICIENCY TO BOOST DEMAND             116

12.4         PALLET TRUCKS               119

12.4.1      INCREASING USAGE IN AUTOMOTIVE, FAST-MOVING CONSUMER GOODS, AND FOOD & BEVERAGESS TO FUEL MARKET GROWTH          119

12.5         ASSEMBLY LINE VEHICLES          121

12.5.1      ECONOMIC VIABILITY THAN CHAIN-BASED CONVEYANCE SYSTEMS

TO DRIVE ADOPTION   121

12.6         FORKLIFT TRUCKS          124

12.6.1      RISING DEMAND IN FLOOR-TO-FLOOR AND FLOOR-TO-RACKING OPERATIONS TO FUEL SEGMENTAL GROWTH                 124

12.7         OTHER TYPES   126

13            AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY      129

13.1         INTRODUCTION              130

13.2         LASER GUIDANCE            132

13.2.1      ACCURACY AND FLEXIBILITY TO AUGMENT MARKET GROWTH             132

13.3         MAGNETIC GUIDANCE 133

13.3.1      EASY TO INSTALL, DURABILITY, AND RELIABILITY TO DRIVE ADOPTION           133

13.4         INDUCTIVE GUIDANCE 135

13.4.1      SUITABILITY FOR TOUGHEST INDUSTRIAL SETUPS TO INCREASE DEMAND       135

13.5         OPTICAL TAPE GUIDANCE          136

13.5.1      EASY AND CONVENIENT SOLUTION FOR AGVS TO FOSTER MARKET GROWTH         136

13.6         VISION GUIDANCE          138

13.6.1      RELIABILITY IN DYNAMIC ENVIRONMENTS AND MANEUVERABILITY

IN COMPLEX SPACES TO ACCELERATE MARKET GROWTH                 138

13.7         OTHER NAVIGATION TECHNOLOGIES  139

14            AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY                 141

14.1         INTRODUCTION              142

14.2         AUTOMOTIVE   144

14.2.1      GROWING DEMAND FOR AFTER-SALES SPARE PARTS TO DRIVE MARKET         144

14.3         METALS & HEAVY MACHINERY 146

14.3.1      DEPLOYMENT OF AGVS TO EASE WORKFLOW TO SPUR DEMAND             146

14.4         FOOD & BEVERAGES      148

14.4.1      RISING ADOPTION OF AGVS TO MEET INCREASING GLOBAL FOOD

DEMAND TO ACCELERATE MARKET GROWTH  148

14.5         CHEMICAL          150

14.5.1      WIDER TREND TOWARD AUTOMATION AND INDUSTRY 4.0 TO DRIVE MARKET   150

14.6         HEALTHCARE    152

14.6.1      INCREASING AND INNOVATIVE USE OF AGVS IN PATIENT CARE

TO FUEL MARKET GROWTH       152

14.7         3PL         154

14.7.1      RELIANCE ON AGVS FOR DAY-TO-DAY OPERATIONS TO FOSTER

MARKET GROWTH          154

14.8         SEMICONDUCTOR & ELECTRONICS        156

14.8.1      SURGING DEMAND FOR INEXPENSIVE, PORTABLE, AND FUNCTIONAL ELECTRONIC DEVICES TO PROPEL DEMAND                 156

14.9         AVIATION           158

14.9.1      ESCALATING NEED TO STREAMLINE AEROSPACE MANUFACTURING

TO DRIVE MARKET         158

14.10       E-COMMERCE   160

14.10.1   ADOPTION OF AGVS FOR MATERIAL HANDLING OPERATIONS

TO FUEL MARKET GROWTH       160

14.11       OTHER INDUSTRIES       162

15            AUTOMATED GUIDED VEHICLE MARKET, BY REGION                 164

15.1         INTRODUCTION              165

15.2         NORTH AMERICA             167

15.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 167

15.2.2      US           171

15.2.2.1  Presence of established automobile manufacturers with

warehousing facilities to fuel market growth    171

15.2.3      CANADA               172

15.2.3.1  Sustained automation in various industries to drive market                 172

15.2.4      MEXICO                174

15.2.4.1  Well-established manufacturing sector to foster market growth                 174

15.3         EUROPE               175

15.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      175

15.3.2      GERMANY           178

15.3.2.1  Skilled workforce and investments in R&D to spike demand                 178

15.3.3      UK          180

15.3.3.1  Rising demand from automotive sector to stimulate market growth    180

15.3.4      FRANCE                182

15.3.4.1  Growing e-commerce industry to accelerate market growth                 182

15.3.5      ITALY    183

15.3.5.1  Surging demand for advanced logistics and automation solutions

to propel market   183

15.3.6      SPAIN    185

15.3.6.1  Booming logistics industry and renewable energy to fuel market growth    185

15.3.7      NETHERLANDS 186

15.3.7.1  Efficient supply chain networks and state-of-the-art warehousing infrastructure to boost demand          186

15.3.8      REST OF EUROPE             188

15.4         ASIA PACIFIC     189

15.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 190

15.4.2      CHINA  194

15.4.2.1  Heightened demand for transportation, warehousing, and

logistics services to augment market growth    194

15.4.3      JAPAN   196

15.4.3.1  Escalating labor costs and broad industrial base to

support market growth        196

15.4.4      AUSTRALIA         197

15.4.4.1  Growing manufacturing and mining industries to spike demand                 197

15.4.5      SOUTH KOREA  199

15.4.5.1  Increasing presence of global AGV companies to drive market                 199

15.4.6      INDIA    200

15.4.6.1  Growing population, strong domestic demand, and sustainable economic growth to create opportunities          200

15.4.7      MALAYSIA           202

15.4.7.1  Growing demand for innovative logistics solutions to

support market growth        202

15.4.8      INDONESIA        203

15.4.8.1  Rapid industrial development to fuel market growth      203

15.4.9      SINGAPORE        205

15.4.9.1  Advanced technology and infrastructure to propel market growth                 205

15.4.10   THAILAND          206

15.4.10.1                 Manufacturing expansion and infrastructure growth to drive market          206

15.4.11   REST OF ASIA PACIFIC   208

15.5         ROW      209

15.5.1      MACROECONOMIC OUTLOOK FOR ROW              209

15.5.2      MIDDLE EAST   212

15.5.2.1  GCC       214

15.5.2.1.1                Saudi Arabia          214

15.5.2.1.1.1            Rising focus on economic diversification under Vision 2030 to foster market growth              214

15.5.2.1.2                UAE        214

15.5.2.1.2.1            Heightened demand for transportation, warehousing, and logistics services to augment market growth             214

15.5.2.1.3                Rest of GCC          214

15.5.2.2  Rest of Middle East              215

15.5.2.3  South America      215

15.5.2.3.1                Government support for automation in Food & beveragess industry to support market growth                 215

15.5.2.4  Africa      217

15.5.2.4.1                Rising adoption of warehouse automation solutions in various industries to increase AGV adoption   217

16            COMPETITIVE LANDSCAPE         219

16.1         INTRODUCTION              219

16.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 219

16.3         REVENUE ANALYSIS, 2019–2023  221

16.4         MARKET SHARE ANALYSIS, 2023                 222

16.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 224

16.6         BRAND/PRODUCT COMPARISON             225

16.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 226

16.7.1      STARS   226

16.7.2      EMERGING LEADERS     226

16.7.3      PERVASIVE PLAYERS      226

16.7.4      PARTICIPANTS 226

16.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         228

16.7.5.1  Company footprint               228

16.7.5.2  Region footprint   229

16.7.5.3  Navigation technology footprint        230

16.7.5.4  Type footprint       231

16.7.5.5  Industry footprint 232

16.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        234

16.8.1      PROGRESSIVE COMPANIES         234

16.8.2      RESPONSIVE COMPANIES            234

16.8.3      DYNAMIC COMPANIES  234

16.8.4      STARTING BLOCKS         234

16.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 236

16.8.5.1  Detailed list of key startups/SMEs    236

16.8.5.2  Competitive benchmarking of key startups/SMEs          236

16.9         COMPETITIVE SCENARIO             237

16.9.1      PRODUCT LAUNCHES   237

16.9.2      DEALS  238

16.9.3      EXPANSIONS     239

16.9.4      OTHER DEVELOPMENTS              240

17            COMPANY PROFILES      241

17.1         KEY PLAYERS     241

17.1.1      DAIFUKU CO., LTD.         241

17.1.1.1  Business overview 241

17.1.1.2  Products/Solutions/Services offered 242

17.1.1.3  Recent developments           243

17.1.1.3.1                Deals      243

17.1.1.3.2                Expansions             243

17.1.1.4  MnM view              244

17.1.1.4.1                Key strengths        244

17.1.1.4.2                Strategic choices   244

17.1.1.4.3                Weaknesses and competitive threats 244

17.1.2      JBT         245

17.1.2.1  Business overview 245

17.1.2.2  Products/Solutions/Services offered 246

17.1.2.3  Recent developments           247

17.1.2.3.1                Product launches  247

17.1.2.4  MnM view              247

17.1.2.4.1                Key strengths        247

17.1.2.4.2                Strategic choices   247

17.1.2.4.3                Weaknesses and competitive threats 247

17.1.3      KION GROUP AG              248

17.1.3.1  Business overview 248

17.1.3.2  Products/Solutions/Services offered 249

17.1.3.3  Recent developments           250

17.1.3.3.1                Expansions             250

17.1.3.4  MnM view              251

17.1.3.4.1                Key strengths        251

17.1.3.4.2                Strategic choices   251

17.1.3.4.3                Weaknesses and competitive threats 251

17.1.4      TOYOTA INDUSTRIES CORPORATION   252

17.1.4.1  Business overview 252

17.1.4.2  Products/Solutions/Services offered 253

17.1.4.3  Recent developments           255

17.1.4.3.1                Product launches  255

17.1.4.3.2                Deals      256

17.1.4.4  MnM view              257

17.1.4.4.1                Key strengths        257

17.1.4.4.2                Strategic choices   257

17.1.4.4.3                Weaknesses and competitive threats 257

17.1.5      KUKA AG              258

17.1.5.1  Business overview 258

17.1.5.2  Products/Solutions/Services offered 259

17.1.5.3  Recent developments           260

17.1.5.3.1                Product launches  260

17.1.5.3.2                Deals      260

17.1.5.3.3                Other developments             261

17.1.5.4  MnM view              261

17.1.5.4.1                Key strengths        261

17.1.5.4.2                Strategic choices   261

17.1.5.4.3                Weaknesses and competitive threats 261

17.1.6      SCOTT  262

17.1.6.1  Business overview 262

17.1.6.2  Products/Solutions/Services offered 263

17.1.6.3  Recent developments           264

17.1.6.3.1                Deals      264

17.1.7      SSI SCHAEFER    265

17.1.7.1  Business overview 265

17.1.7.2  Products/Solutions/Services offered 265

17.1.7.3  Recent developments           266

17.1.7.3.1                Deals      266

17.1.7.3.2                Other developments             267

17.1.8      HYSTER-YALE MATERIALS HANDLING, INC.        268

17.1.8.1  Business overview 268

17.1.8.2  Products/Solutions/Services offered 269

17.1.8.3  Recent developments           270

17.1.8.3.1                Developments       270

17.1.9      EK ROBOTICS GMBH      271

17.1.9.1  Business overview 271

17.1.9.2  Products/Solutions/Services offered 271

17.1.9.3  Recent developments           273

17.1.9.3.1                Product launches  273

17.1.9.3.2                Deals      274

17.1.9.3.3                Expansions             274

17.1.10   MEIDENSHA CORPORATION      275

17.1.10.1                 Business overview 275

17.1.10.2                 Products/Solutions/Services offered 277

17.1.10.3                 Recent developments           277

17.1.10.3.1             Product launches  277

17.1.11   MITSUBISHI LOGISNEXT CO., LTD           278

17.1.11.1                 Business overview 278

17.1.11.2                 Products/Solutions/Services offered 279

17.1.11.3                 Recent developments           281

17.1.11.3.1             Expansions             281

17.1.12   OCEANEERING INTERNATIONAL, INC.  282

17.1.12.1                 Business overview 282

17.1.12.2                 Products/Solutions/Services offered 283

17.1.12.3                 Recent developments           284

17.1.12.3.1             Product launches  284

17.1.12.3.2             Deals      284

17.1.12.3.3             Expansions             284

17.1.12.3.4             Other developments             285

17.2         OTHER PLAYERS              286

17.2.1      AIM        286

17.2.2      ASSECO CEIT, A.S.            287

17.2.3      SUZHOU CASUN INTELLIGENT ROBOT CO., LTD.                 287

17.2.4      JIANGXI DANBAHE ROBOT CO., LTD.     288

17.2.5      E80 GROUP S.P.A.             289

17.2.6      GLOBAL AGV     290

17.2.7      GRENZEBACH GROUP   291

17.2.8      IDC CORPORATION        291

17.2.9      NANCHANG IKWELL ROBOTICS CO., LTD.            292

17.2.10   SAFELOG GMBH               293

17.2.11   SIMPLEX ROBOTICS PVT. LTD.  294

17.2.12   SYSTEM LOGISTICS S.P.A.             295

17.2.13   BALYO SA            296

17.2.14   SHENZHEN MIRCOLOMAY TECHNOLOGY CO., LTD.                 297

18            APPENDIX           298

18.1         DISCUSSION GUIDE        298

18.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                302

18.3         CUSTOMIZATION OPTIONS        304

18.4         RELATED REPORTS         304

18.5         AUTHOR DETAILS           305

LIST OF TABLES

TABLE 1                AUTOMATED GUIDED VEHICLE MARKET: RISK ANALYSIS            43

TABLE 2                LIST OF AUTOMATED GUIDED VEHICLE BRANDS               62

TABLE 3                ROLE OF PLAYERS IN ECOSYSTEM           64

TABLE 4                INDICATIVE PRICING OF FORKLIFT TRUCKS OFFERED BY KEY PLAYERS,

2023 (USD THOUSAND) 66

TABLE 5                AVERAGE SELLING PRICE TREND FOR AGVS, BY TYPE,

2020–2023 (USD THOUSAND)      66

TABLE 6                AVERAGE SELLING PRICE TREND FOR TOW VEHICLES, BY REGION,

2020–2023 (USD THOUSAND)      67

TABLE 7                AUTOMATED GUIDED VEHICLE MARKET: PORTER’S FIVE FORCES ANALYSIS            70

TABLE 8                INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR MAJOR INDUSTRIES (%)  72

TABLE 9                KEY BUYING CRITERIA FOR MAJOR INDUSTRIES                 73

TABLE 10              AUTOMATED GUIDED VEHICLE MARKET: CONFERENCES AND EVENTS, 2024–2025                 76

TABLE 11              IMPORT SCENARIO FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            78

TABLE 12              EXPORT SCENARIO FOR HS CODE 842710-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            79

TABLE 13              LIST OF APPLIED/GRANTED PATENTS, 2020–2024        81

TABLE 14              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  83

TABLE 15              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  84

TABLE 16              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  85

TABLE 17              ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  85

TABLE 18              AUTOMATED GUIDED VEHICLE MARKET: STANDARDS      85

TABLE 19              AUTOMATED GUIDED VEHICLE MARKET, BY PAYLOAD CAPACITY,

2020–2023 (USD MILLION)            107

TABLE 20              AUTOMATED GUIDED VEHICLE MARKET, BY PAYLOAD CAPACITY,

2024–2029 (USD MILLION)            107

TABLE 21              AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2020–2023 (USD MILLION)                112

TABLE 22              AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2024–2029 (USD MILLION)                112

TABLE 23              AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2020–2023 (THOUSAND UNITS)     113

TABLE 24              AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2024–2029 (THOUSAND UNITS)     113

TABLE 25              TOW VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION) 114

TABLE 26              TOW VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION) 115

TABLE 27              TOW VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            115

TABLE 28              TOW VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            116

TABLE 29              UNIT LOAD CARRIERS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION) 117

TABLE 30              UNIT LOAD CARRIERS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION) 117

TABLE 31              UNIT LOAD CARRIERS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)                 118

TABLE 32              UNIT LOAD CARRIERS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)                 118

TABLE 33              PALLET TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION) 119

TABLE 34              PALLET TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION) 120

TABLE 35              PALLET TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            120

TABLE 36              PALLET TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            121

TABLE 37              ASSEMBLY LINE VEHICLES: AUTOMATED GUIDED VEHICLE MARKET,

BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION)                 122

TABLE 38              ASSEMBLY LINE VEHICLES: AUTOMATED GUIDED VEHICLE MARKET,

BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION)                 122

TABLE 39              ASSEMBLY LINE VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)            123

TABLE 40              ASSEMBLY LINE VEHICLES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)            123

TABLE 41              FORKLIFT TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION) 124

TABLE 42              FORKLIFT TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION) 125

TABLE 43              FORKLIFT TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            125

TABLE 44              FORKLIFT TRUCKS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            126

TABLE 45              OTHER TYPES: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2020–2023 (USD MILLION)            127

TABLE 46              OTHER TYPES: AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY, 2024–2029 (USD MILLION)            127

TABLE 47              OTHER TYPES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            128

TABLE 48              OTHER TYPES: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            128

TABLE 49              AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY,

2020–2023 (USD MILLION)            131

TABLE 50              AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY,

2024–2029 (USD MILLION)            131

TABLE 51              LASER GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            132

TABLE 52              LASER GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            133

TABLE 53              MAGNETIC GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            134

TABLE 54              MAGNETIC GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            134

TABLE 55              INDUCTIVE GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            135

TABLE 56              INDUCTIVE GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            136

TABLE 57              OPTICAL TAPE GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2020–2023 (USD MILLION)                 137

TABLE 58              OPTICAL TAPE GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2024–2029 (USD MILLION)                 137

TABLE 59              VISION GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            138

TABLE 60              VISION GUIDANCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            139

TABLE 61              OTHER NAVIGATION TECHNOLOGIES: AUTOMATED GUIDED VEHICLE MARKET,

BY TYPE, 2020–2023 (USD MILLION)         140

TABLE 62              OTHER NAVIGATION TECHNOLOGIES: AUTOMATED GUIDED VEHICLE MARKET,

BY TYPE, 2024–2029 (USD MILLION)         140

TABLE 63              AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            143

TABLE 64              AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            143

TABLE 65              AUTOMOTIVE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            145

TABLE 66              AUTOMOTIVE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            145

TABLE 67              AUTOMOTIVE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            145

TABLE 68              AUTOMOTIVE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            146

TABLE 69              METALS & HEAVY MACHINERY: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2020–2023 (USD MILLION)                 147

TABLE 70              METALS & HEAVY MACHINERY: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2024–2029 (USD MILLION)                 147

TABLE 71              METALS & HEAVY MACHINERY: AUTOMATED GUIDED VEHICLE MARKET,

BY REGION, 2020–2023 (USD MILLION)   147

TABLE 72              METALS & HEAVY MACHINERY: AUTOMATED GUIDED VEHICLE MARKET,

BY REGION, 2024–2029 (USD MILLION)   148

TABLE 73              FOOD & BEVERAGES: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            149

TABLE 74              FOOD & BEVERAGES: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            149

TABLE 75              FOOD & BEVERAGES: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            150

TABLE 76              FOOD & BEVERAGES: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            150

TABLE 77              CHEMICAL: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            151

TABLE 78              CHEMICAL: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            151

TABLE 79              CHEMICAL: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            151

TABLE 80              CHEMICAL: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            152

TABLE 81              HEALTHCARE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            153

TABLE 82              HEALTHCARE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            153

TABLE 83              HEALTHCARE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            153

TABLE 84              HEALTHCARE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            154

TABLE 85              3PL: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2020–2023 (USD MILLION)         155

TABLE 86              3PL: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE, 2024–2029 (USD MILLION)         155

TABLE 87              3PL: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            155

TABLE 88              3PL: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            156

TABLE 89              SEMICONDUCTOR & ELECTRONICS: AUTOMATED GUIDED VEHICLE MARKET,

BY TYPE, 2020–2023 (USD MILLION)         157

TABLE 90              SEMICONDUCTOR & ELECTRONICS: AUTOMATED GUIDED VEHICLE MARKET,

BY TYPE, 2024–2029 (USD MILLION)         157

TABLE 91              SEMICONDUCTOR & ELECTRONICS: AUTOMATED GUIDED VEHICLE MARKET,

BY REGION, 2020–2023 (USD MILLION)   157

TABLE 92              SEMICONDUCTOR & ELECTRONICS: AUTOMATED GUIDED VEHICLE MARKET,

BY REGION, 2024–2029 (USD MILLION)   158

TABLE 93              AVIATION: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            159

TABLE 94              AVIATION: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            159

TABLE 95              AVIATION: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            159

TABLE 96              AVIATION: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            160

TABLE 97              E-COMMERCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            161

TABLE 98              E-COMMERCE: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            161

TABLE 99              E-COMMERCE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            161

TABLE 100            E-COMMERCE: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            162

TABLE 101            OTHER INDUSTRIES: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2020–2023 (USD MILLION)            162

TABLE 102            OTHER INDUSTRIES: AUTOMATED GUIDED VEHICLE MARKET, BY TYPE,

2024–2029 (USD MILLION)            163

TABLE 103            OTHER INDUSTRIES: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            163

TABLE 104            OTHER INDUSTRIES: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            163

TABLE 105            AUTOMATED GUIDED VEHICLE MARKET, BY REGION, 2020–2023 (USD MILLION)          166

TABLE 106            AUTOMATED GUIDED VEHICLE MARKET, BY REGION, 2024–2029 (USD MILLION)          166

TABLE 107            NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            169

TABLE 108            NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            169

TABLE 109            NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            170

TABLE 110            NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            170

TABLE 111            US: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            171

TABLE 112            US: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            172

TABLE 113            CANADA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            173

TABLE 114            CANADA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            173

TABLE 115            MEXICO: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            174

TABLE 116            MEXICO: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            175

TABLE 117            EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            177

TABLE 118            EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            177

TABLE 119            EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            178

TABLE 120            EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            178

TABLE 121            GERMANY: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            179

TABLE 122            GERMANY: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            180

TABLE 123            UK: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            181

TABLE 124            UK: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            181

TABLE 125            FRANCE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            182

TABLE 126            FRANCE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            183

TABLE 127            ITALY: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            184

TABLE 128            ITALY: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            184

TABLE 129            SPAIN: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            185

TABLE 130            SPAIN: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            186

TABLE 131            NETHERLANDS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            187

TABLE 132            NETHERLANDS: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            187

TABLE 133            REST OF EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            188

TABLE 134            REST OF EUROPE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            189

TABLE 135            ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            192

TABLE 136            ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            192

TABLE 137            ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            193

TABLE 138            ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            193

TABLE 139            CHINA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            195

TABLE 140            CHINA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            195

TABLE 141            JAPAN: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            196

TABLE 142            JAPAN: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            197

TABLE 143            AUSTRALIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            198

TABLE 144            AUSTRALIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            198

TABLE 145            SOUTH KOREA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            199

TABLE 146            SOUTH KOREA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            200

TABLE 147            INDIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            201

TABLE 148            INDIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            201

TABLE 149            MALAYSIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            202

TABLE 150            MALAYSIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            203

TABLE 151            INDONESIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            204

TABLE 152            INDONESIA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            204

TABLE 153            SINGAPORE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            205

TABLE 154            SINGAPORE: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            206

TABLE 155            THAILAND: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            207

TABLE 156            THAILAND: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            207

TABLE 157            REST OF ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)                 208

TABLE 158            REST OF ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)                 209

TABLE 159            ROW: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            210

TABLE 160            ROW: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            211

TABLE 161            ROW: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            211

TABLE 162            ROW: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            211

TABLE 163            MIDDLE EAST: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            212

TABLE 164            MIDDLE EAST: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            213

TABLE 165            MIDDLE EAST: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2020–2023 (USD MILLION)            213

TABLE 166            MIDDLE EAST: AUTOMATED GUIDED VEHICLE MARKET, BY REGION,

2024–2029 (USD MILLION)            213

TABLE 167            GCC: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            214

TABLE 168            GCC: AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            215

TABLE 169            SOUTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            216

TABLE 170            SOUTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            216

TABLE 171            AFRICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2020–2023 (USD MILLION)            217

TABLE 172            AFRICA: AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY,

2024–2029 (USD MILLION)            218

TABLE 173            OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN AUTOMATED

GUIDED VEHICLE MARKET, 2021–2024    219

TABLE 174            AUTOMATED GUIDED VEHICLE MARKET: DEGREE OF COMPETITION         222

TABLE 175            AUTOMATED GUIDED VEHICLE MARKET: REGION FOOTPRINT     229

TABLE 176            AUTOMATED GUIDED VEHICLE MARKET: NAVIGATION TECHNOLOGY FOOTPRINT            230

TABLE 177            AUTOMATED GUIDED VEHICLE MARKET: TYPE FOOTPRINT       231

TABLE 178            AUTOMATED GUIDED VEHICLE MARKET: INDUSTRY FOOTPRINT 232

TABLE 179            AUTOMATED GUIDED VEHICLE MARKET: DETAILED LIST OF KEY STARTUP/SMES                236

TABLE 180            AUTOMATED GUIDED VEHICLE MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              236

TABLE 181            AUTOMATED GUIDED VEHICLE MARKET: PRODUCT LAUNCHES,

JANUARY 2021–NOVEMBER 2024                 237

TABLE 182            AUTOMATED GUIDED VEHICLE MARKET: DEALS, JANUARY 2021–NOVEMBER 2024                 238

TABLE 183            AUTOMATED GUIDED VEHICLE MARKET: EXPANSIONS,

JANUARY 2021–NOVEMBER 2024                 239

TABLE 184            AUTOMATED GUIDED VEHICLE MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–NOVEMBER 2024                 240

TABLE 185            DAIFUKU CO., LTD.: COMPANY OVERVIEW                 241

TABLE 186            DAIFUKU CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    242

TABLE 187            DAIFUKU CO., LTD.: DEALS         243

TABLE 188            DAIFUKU CO., LTD.: EXPANSIONS            243

TABLE 189            JBT: COMPANY OVERVIEW          245

TABLE 190            JBT: PRODUCTS/SOLUTIONS/SERVICES OFFERED             246

TABLE 191            JBT: PRODUCT LAUNCHES          247

TABLE 192            KION GROUP AG: BUSINESS OVERVIEW 248

TABLE 193            KION GROUP AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    249

TABLE 194            KION GROUP AG: EXPANSIONS 250

TABLE 195            TOYOTA INDUSTRIES CORPORATION: COMPANY OVERVIEW   252

TABLE 196            TOYOTA INDUSTRIES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    253

TABLE 197            TOYOTA INDUSTRIES CORPORATION: PRODUCT LAUNCHES   255

TABLE 198            TOYOTA INDUSTRIES CORPORATION: DEALS                 256

TABLE 199            KUKA AG: COMPANY OVERVIEW              258

TABLE 200            KUKA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED             259

TABLE 201            KUKA AG: PRODUCT LAUNCHES               260

TABLE 202            KUKA AG: DEALS              260

TABLE 203            KUKA AG: OTHER DEVELOPMENTS        261

TABLE 204            SCOTT: COMPANY OVERVIEW  262

TABLE 205            SCOTT: PRODUCTS/SOLUTIONS/SERVICES OFFERED             263

TABLE 206            SCOTT: DEALS  264

TABLE 207            SSI SCHAEFER: COMPANY OVERVIEW    265

TABLE 208            SSI SCHAEFER: PRODUCTS/SOLUTIONS/SERVICES OFFERED    265

TABLE 209            SSI SCHAEFER: DEALS    266

TABLE 210            SSI SCHAEFER: OTHER DEVELOPMENTS                 267

TABLE 211            HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY OVERVIEW   268

TABLE 212            HYSTER-YALE MATERIALS HANDLING, INC.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        269

TABLE 213            HYSTER-YALE MATERIALS HANDLING, INC.: DEVELOPMENTS              270

TABLE 214            EK ROBOTICS GMBH: COMPANY OVERVIEW                 271

TABLE 215            EK ROBOTICS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    271

TABLE 216            EK ROBOTICS GMBH: PRODUCT LAUNCHES                 273

TABLE 217            EK ROBOTICS GMBH: DEALS      274

TABLE 218            EK ROBOTICS GMBH: EXPANSIONS         274

TABLE 219            MEIDENSHA CORPORATION: COMPANY OVERVIEW          275

TABLE 220            MEIDENSHA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    277

TABLE 221            MEIDENSHA CORPORATION: PRODUCT LAUNCHES          277

TABLE 222            MITSUBISHI LOGISNEXT CO., LTD.: COMPANY OVERVIEW          278

TABLE 223            MITSUBISHI LOGISNEXT CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    279

TABLE 224            MITSUBISHI LOGISNEXT CO., LTD: EXPANSIONS                 281

TABLE 225            OCEANEERING INTERNATIONAL, INC.: COMPANY OVERVIEW   282

TABLE 226            OCEANEERING INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    283

TABLE 227            OCEANEERING INTERNATIONAL, INC.: PRODUCT LAUNCHES   284

TABLE 228            OCEANEERING INTERNATIONAL, INC.: DEALS                 284

TABLE 229            OCEANEERING INTERNATIONAL, INC.: EXPANSIONS     284

TABLE 230            OCEANEERING INTERNATIONAL, INC.: OTHER DEVELOPMENTS              285

TABLE 231            AIM: COMPANY OVERVIEW         286

TABLE 232            ASSECO CEIT, A.S.: COMPANY OVERVIEW                 287

TABLE 233            SUZHOU CASUN INTELLIGENT ROBOT CO., LTD.: COMPANY OVERVIEW       287

TABLE 234            JIANGXI DANBAHE ROBOT CO., LTD.: COMPANY OVERVIEW   288

TABLE 235            E80 GROUP S.P.A.: COMPANY OVERVIEW                 289

TABLE 236            GLOBAL AGV: COMPANY OVERVIEW      290

TABLE 237            GRENZEBACH GROUP: COMPANY OVERVIEW                 291

TABLE 238            IDC CORPORATION: COMPANY OVERVIEW                 291

TABLE 239            NANCHANG IKWELL ROBOTICS CO., LTD.: COMPANY OVERVIEW   292

TABLE 240            SAFELOG GMBH: COMPANY OVERVIEW                 293

TABLE 241            SIMPLEX ROBOTICS PVT. LTD.: COMPANY OVERVIEW          294

TABLE 242            SYSTEM LOGISTICS S.P.A.: COMPANY OVERVIEW          295

TABLE 243            BALYO SA: COMPANY OVERVIEW             296

TABLE 244            SHENZHEN MIRCOLOMAY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW       297

LIST OF FIGURES

FIGURE 1              AUTOMATED GUIDED VEHICLE MARKET SEGMENTATION              28

FIGURE 2              AUTOMATED GUIDED VEHICLE MARKET: RESEARCH DESIGN         32

FIGURE 3              AUTOMATED GUIDED VEHICLE MARKET: BOTTOM-UP APPROACH              38

FIGURE 4              AUTOMATED GUIDED VEHICLE MARKET: TOP-DOWN APPROACH          39

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE

GENERATED BY KEY PLAYERS FROM AUTOMATED GUIDED VEHICLES            40

FIGURE 6              AUTOMATED GUIDED VEHICLE: DATA TRIANGULATION             41

FIGURE 7              ASSUMPTIONS FOR RESEARCH STUDY  42

FIGURE 8              AUTOMATED GUIDED VEHICLE MARKET, 2020−2029 (USD MILLION)          44

FIGURE 9              TOW VEHICLES TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 45

FIGURE 10            LASER GUIDANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024             45

FIGURE 11            AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024             46

FIGURE 12            ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2024 TO 2029          47

FIGURE 13            RISING DEMAND FOR AUTOMATION SOLUTIONS IN VARIOUS

INDUSTRIES TO DRIVE MARKET               48

FIGURE 14            TOW VEHICLES SEGMENT TO HOLD LARGEST MARKET SHARE

THROUGHOUT FORECAST PERIOD        49

FIGURE 15            LASER GUIDANCE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       49

FIGURE 16            AUTOMOTIVE SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029       50

FIGURE 17            AUTOMOTIVE SEGMENT AND US TO HOLD LARGEST MARKET SHARE IN 2029             50

FIGURE 18            CHINA TO WITNESS HIGHEST CAGR IN GLOBAL AUTOMATED GUIDED

VEHICLE MARKET DURING FORECAST PERIOD 51

FIGURE 19            AUTOMATED GUIDED VEHICLE MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     52

FIGURE 20            IMPACT ANALYSIS OF DRIVERS 55

FIGURE 21            IMPACT ANALYSIS OF RESTRAINTS         57

FIGURE 22            IMPACT ANALYSIS OF OPPORTUNITIES                 59

FIGURE 23            IMPACT ANALYSIS OF CHALLENGES       60

FIGURE 24            AUTOMATED GUIDED VEHICLE MARKET VALUE CHAIN ANALYSIS               61

FIGURE 25            AUTOMATED GUIDED VEHICLE MARKET ECOSYSTEM ANALYSIS  63

FIGURE 26            INDICATIVE PRICING OF FORKLIFT TRUCKS OFFERED BY KEY PLAYERS, 2023                65

FIGURE 27            AVERAGE SELLING PRICE TREND FOR AGVS, BY TYPE, 2020–2023                 66

FIGURE 28            AVERAGE SELLING PRICE TREND FOR TOW VEHICLES BY REGION, 2020–2023               67

FIGURE 29            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   68

FIGURE 30            INVESTMENT AND FUNDING SCENARIO                 68

FIGURE 31            AUTOMATED GUIDED VEHICLE MARKET: PORTER’S FIVE FORCES ANALYSIS            71

FIGURE 32            INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR MAJOR INDUSTRIES          72

FIGURE 33            KEY BUYING CRITERIA FOR MAJOR INDUSTRIES                 72

FIGURE 34            IMPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                78

FIGURE 35            EXPORT DATA FOR HS CODE 842710-COMPLIANT PRODUCTS,

BY COUNTRY, 2019–2023                79

FIGURE 36            AUTOMATED GUIDED VEHICLE MARKET: PATENT ANALYSIS, 2014–2023     80

FIGURE 37            MAJOR AI USE CASES IN AUTOMATED GUIDED VEHICLE MARKET            90

FIGURE 38            EMERGING TECHNOLOGIES USED IN AUTOMATED GUIDED VEHICLES             92

FIGURE 39            TYPES OF BATTERIES USED IN AUTOMATED GUIDED VEHICLES          96

FIGURE 40            AUTOMATED GUIDED VEHICLE OFFERINGS                 99

FIGURE 41            AUTOMATED GUIDED VEHICLE MARKET, BY PAYLOAD CAPACITY      103

FIGURE 42            AUTOMATED GUIDED VEHICLE MARKET, BY PAYLOAD CAPACITY      106

FIGURE 43            MEDIUM-DUTY AGVS SEGMENT TO ACCOUNT FOR LARGEST

MARKET SHARE IN 2024 106

FIGURE 44            AUTOMATED GUIDED VEHICLE MARKET, BY TYPE     111

FIGURE 45            TOW VEHICLES SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2024                111

FIGURE 46            AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TECHNOLOGY      130

FIGURE 47            LASER GUIDANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2029            130

FIGURE 48            AUTOMATED GUIDED VEHICLE MARKET, BY INDUSTRY           142

FIGURE 49            AUTOMOTIVE SEGMENT TO LEAD MARKET FROM 2024 TO 2029          142

FIGURE 50            AUTOMATED GUIDED VEHICLE MARKET, BY REGION                165

FIGURE 51            CHINA TO REGISTER HIGHEST CAGR IN GLOBAL AUTOMATED

GUIDED VEHICLE MARKET FROM 2024 TO 2029 165

FIGURE 52            ASIA PACIFIC TO HOLD LARGEST SHARE OF AUTOMATED GUIDED

VEHICLE MARKET DURING FORECAST PERIOD 166

FIGURE 53            NORTH AMERICA: AUTOMATED GUIDED VEHICLE MARKET SNAPSHOT   168

FIGURE 54            EUROPE: AUTOMATED GUIDED VEHICLE MARKET SNAPSHOT       176

FIGURE 55            ASIA PACIFIC: AUTOMATED GUIDED VEHICLE MARKET SNAPSHOT       191

FIGURE 56            SOUTH AMERICA TO DOMINATE AUTOMATED GUIDED VEHICLE

MARKET IN ROW THROUGHOUT FORECAST PERIOD     210

FIGURE 57            AUTOMATED GUIDED VEHICLE MARKET: REVENUE ANALYSIS

OF FIVE KEY PLAYERS, 2019–2023               221

FIGURE 58            AUTOMATED GUIDED VEHICLE MARKET SHARE ANALYSIS, 2023   222

FIGURE 59            COMPANY VALUATION (USD MILLION), 2024                 224

FIGURE 60            FINANCIAL METRICS (EV/EBITDA), 2024                 224

FIGURE 61            BRAND/PRODUCT COMPARISON             225

FIGURE 62            AUTOMATED GUIDED VEHICLE MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2023     227

FIGURE 63            COMPANY FOOTPRINT 228

FIGURE 64            AUTOMATED GUIDED VEHICLE MARKET: COMPANY EVALUATION

MATRIX (STARTUPS/SMES), 2023               235

FIGURE 65            DAIFUKU CO., LTD.: COMPANY SNAPSHOT                 242

FIGURE 66            JBT: COMPANY SNAPSHOT          246

FIGURE 67            KION GROUP AG: COMPANY SNAPSHOT                 249

FIGURE 68            TOYOTA INDUSTRIES CORPORATION: COMPANY SNAPSHOT   253

FIGURE 69            KUKA AG: COMPANY SNAPSHOT              259

FIGURE 70            SCOTT: COMPANY SNAPSHOT  263

FIGURE 71            HYSTER-YALE MATERIALS HANDLING, INC.: COMPANY SNAPSHOT   269

FIGURE 72            MEIDENSHA CORPORATION: COMPANY SNAPSHOT          276

FIGURE 73            MITSUBISHI LOGISNEXT CO., LTD: COMPANY SNAPSHOT          279

FIGURE 74            OCEANEERING INTERNATIONAL, INC: COMPANY SNAPSHOT   283