The Latin America, Middle East and Africa Automated Guided Vehicle Market is expected to witness market growth of 15.7% CAGR during the forecast period (2019-2025).
AGVs have revolutionized the way in which products can be transported across manufacturing and distribution facilities. In a manufacturing setting, where several activities are carried out concurrently, these vehicles ensure a smooth and efficient transfer of raw materials and manufactured products from one point to another within the plant. The vehicles remove any possible interruption within production. Such vehicles can operate safely around structures, machinery, and employees as they are fitted with devices like camera vision and LiDAR sensors. These integrated devices help to detect junctions, recognize floor signs, and avoid collision with any barrier.
Acceptance of material handling equipment and automation solutions is increasing significantly across a number of industries. The increasing acceptance of AGVs by the automotive industry and the automotive supply industry to shift intermediate products within the facility is projected to drive the growth of the automated guided vehicle market. The manufacturing industry is gradually implementing AGVs in order to save on labor costs. Although AGV will work on a 24x7 basis, the costs associated with the purchase and management of AGV tends to be lower than the costs of salaries and employee benefits.
Based on Component, the market is segmented into Hardware, Software and Services. Based on type, the market is segmented into Tow Vehicle, Pallet Truck, Unit Load Carrier, Hybrid Vehicles and Forklift Truck & Others. Based on Navigation Technology, the market is segmented into Laser Guidance, Vision Guidance, Magnetic Guidance, Inductive Guidance and Natural Navigation & Others. Based on Application, the market is segmented into Logistics & Warehousing, Assembly, Packaging, Trailer Loading & Unloading and Raw Material Handling & Others. Based on End User, the market is segmented into Automotive, Manufacturing, Logistics, Food & Beverages, Retail, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Kion Group (Dematic), Toyota Industries Corporation (Bastian Solutions LLC), Daifuku Co., Limited, John Bean Technologies Corporation, Oceaneering International, Inc., Kuka AG (Swisslog Holding), Hyster-Yale Materials Handling, Inc., E&K Automation GmbH, and The Krones Group.
Scope of the Study
Market Segmentation:
By Component
By Type
By Navigation Technology
By Application
By End User
By Country
Companies Profiled
Unique Offerings from the Publisher
AGVs have revolutionized the way in which products can be transported across manufacturing and distribution facilities. In a manufacturing setting, where several activities are carried out concurrently, these vehicles ensure a smooth and efficient transfer of raw materials and manufactured products from one point to another within the plant. The vehicles remove any possible interruption within production. Such vehicles can operate safely around structures, machinery, and employees as they are fitted with devices like camera vision and LiDAR sensors. These integrated devices help to detect junctions, recognize floor signs, and avoid collision with any barrier.
Acceptance of material handling equipment and automation solutions is increasing significantly across a number of industries. The increasing acceptance of AGVs by the automotive industry and the automotive supply industry to shift intermediate products within the facility is projected to drive the growth of the automated guided vehicle market. The manufacturing industry is gradually implementing AGVs in order to save on labor costs. Although AGV will work on a 24x7 basis, the costs associated with the purchase and management of AGV tends to be lower than the costs of salaries and employee benefits.
Based on Component, the market is segmented into Hardware, Software and Services. Based on type, the market is segmented into Tow Vehicle, Pallet Truck, Unit Load Carrier, Hybrid Vehicles and Forklift Truck & Others. Based on Navigation Technology, the market is segmented into Laser Guidance, Vision Guidance, Magnetic Guidance, Inductive Guidance and Natural Navigation & Others. Based on Application, the market is segmented into Logistics & Warehousing, Assembly, Packaging, Trailer Loading & Unloading and Raw Material Handling & Others. Based on End User, the market is segmented into Automotive, Manufacturing, Logistics, Food & Beverages, Retail, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Kion Group (Dematic), Toyota Industries Corporation (Bastian Solutions LLC), Daifuku Co., Limited, John Bean Technologies Corporation, Oceaneering International, Inc., Kuka AG (Swisslog Holding), Hyster-Yale Materials Handling, Inc., E&K Automation GmbH, and The Krones Group.
Scope of the Study
Market Segmentation:
By Component
- Hardware
- Software
- Services
By Type
- Tow Vehicle
- Pallet Truck
- Unit Load Carrier
- Hybrid Vehicles
- Forklift Truck & Others
By Navigation Technology
- Laser Guidance
- Vision Guidance
- Magnetic Guidance
- Inductive Guidance
- Natural Navigation & Others
By Application
- Logistics & Warehousing
- Assembly
- Packaging
- Trailer Loading and Unloading
- Raw Material Handling & Others
By End User
- Automotive
- Manufacturing
- Logistics
- Food & Beverages
- Retail
- Healthcare
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- ABB Group
- Kion Group (Dematic)
- Toyota Industries Corporation (Bastian Solutions LLC)
- Daifuku Co., Limited
- John Bean Technologies Corporation
- Oceaneering International, Inc.
- Kuka AG (Swisslog Holding)
- Hyster-Yale Materials Handling, Inc.
- E&K Automation GmbH
- The Krones Group
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Automated Guided Vehicle (AGV) Market by Component
Chapter 5. LAMEA Automated Guided Vehicle (AGV) Market by Type
Chapter 6. LAMEA Automated Guided Vehicle (AGV) Market by Navigation Technology
Chapter 7. LAMEA Automated Guided Vehicle (AGV) Market by Application
Chapter 8. LAMEA Automated Guided Vehicle (AGV) Market by End User
Chapter 9. LAMEA Automated Guided Vehicle (AGV) Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- ABB Group
- Kion Group (Dematic)
- Toyota Industries Corporation (Bastian Solutions LLC)
- Daifuku Co., Limited
- John Bean Technologies Corporation
- Oceaneering International, Inc.
- Kuka AG (Swisslog Holding)
- Hyster-Yale Materials Handling, Inc.
- E&K Automation GmbH
- The Krones Group
Methodology
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