North America Automated Guided Vehicle Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
The automated guided vehicle is a portable robot, which navigates through laser or magnets. These are generally used in industrial applications for transportation of materials around a manufacturing facility or warehouse.
North America Automated Guided Vehicle Market Segments Size & Growth:
The market is expected to reach $1.8165 Billion by 2024 from $0.7370 Billion by 2017 at a CAGR of 15.46% during the forecast period 2018-2024. The key factors responsible for the market growth involves advancements in automation, reduction regarding cost of operation, highly secure environment and rise in popularity of automation among people. However, complex installation procedures are hampering the market growth.
North America Automated Guided Vehicle Market Segments Share:
The North America automated guided vehicle market is segmented into type, technology, application and end user. Based on technology, automated guided vehicle market is categorised into laser automated guided vehicle, inductive guided vehicle, optical guided vehicle, vision-guided vehicle, and others. Among all these, laser guidance is the dominating AGV market as it is holding more than half of the market share and is expected to continue during the forecast. And the major impediment is lack of adequate
North America Automated Guided Vehicle Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
charging facilities for plug-in segments in AGV market. Based on the type, AGV market is classified into Custom AGV, Standard EGV, Hybrid EGV, Compact EGV, AND Etow EGV systems. Among which standard EGV is classified into the clamp, tugger, unit load and others where the unit load is the largest segment, and it holds a fourth of the market share, as these are autonomous robots, which can carry one to eight unit loads at a time. Based on application, AGV market is bifurcated into packaging, shipping, transportation and others. Transportation segment is accounted for the significant share mainly due to the rapid urbanisation and increased industrial production. Based on end-user industries, AGV market is categorised into Automotive, food & beverage, consumer goods, and others. Among these end-user industries, automotive, food & beverage and logistics are majorly accounted for the largest market due to various applications in assembly lines and growing investments in automotive R&D activities are growing this market. Geographically, North America AGV’s market is segmented into Canada, Mexico, and others. Canada is expected to grow with substantial growth, and it is the
You can also purchase parts of this report. Do you want to check out a section wise price list
North America Automated Guided Vehicle Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
second largest economy in North America and is expected to project the market during the forecast period.
North America Automated Guided Vehicle Market Trends:
- Lamborghini has launched the world’s fastest super SUV’s produced on multiple automated guided vehicles controlled by AGVE’s.
- A large-scale autonomous project ‘volvo cars drive me’ Gothenburg produced by AGV’s controlled by AGVE’s.
North America Automated Guided Vehicle Market Research Report includes:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players are
- Daifuku Co. Ltd
- John Bean Technologies Corporation
- Omron Adept technologies
- Swisslog Holding AG
- Seegrid Corporation
- Toyota Industries Corporation
Exclusive Benefits
Credibility and
Transparency
We actively recruit consumers, business professionals, and elusive individuals for our research panels, fostering enduring relationships. Our commitment to transparency is evident in the comprehensive listing of primary and secondary data sources, ensuring unwavering credibility in our reports.
Exhaustive
Coverage
Uncover the full spectrum with Envision Intelligence. Our detailed and extensive geographical coverage, coupled with survey consultation services, spans brand tracking, concept testing, and consumer behaviour analysis. Adapt to your evolving needs with scalable market research services that leave no facet unexplored.
Competitive
Edge
Stay ahead with Envision Intelligence. Our reports provide the latest market updates up to the date of purchase. Recognising the urgency of impactful decisions, we deliver timely analyses on the unprecedented choices made by CXOs during the COVID-19 crisis—providing valuable insights at no extra cost.
Golden
pportunities
Unearth hidden gems with Envision Intelligence. Our analysts and consultants conduct a comprehensive strategic sieve analysis, augmented by AI tools, to identify non-obvious, golden, and emerging opportunities. Evaluate possibilities that set you apart in the market.
Top-notch Reportsd
Guaranteed
Experience unparalleled depth with Envision Intelligence. Over 70% of our research is exclusive, establishing us as the premier source for in-depth and extensive market insights. Elevate your decision-making with reports that go beyond the ordinary.
Post Purchase
Support
Empower your journey with Envision Intelligence. Our commitment extends beyond the purchase. Enjoy post-purchase support for three months, with queries addressed within 24 business hours via telephone or email. We stand by you in your quest for ongoing success.
