Over the next five years, the Automated Guided Vehicles market in North America is forecasted to grow at nearly 15% CAGR, owing to the rise in demand for automation in material handling industries, leading to improvements in productivity and accuracy and reduction in utility cost. Automated Guided Vehicles (AGV), leveraging sensors, visual indicators, emergency stop buttons, and navigation technology features, ensure that the working environment is safe.
With rise in demand for e-commerce, supply chains are implementing AGVs in distribution centers enabling industries to operate at high output. The utilization of AGVs in the pharmaceutical industry increased to meet the excessive demand and sustain hygiene. Hospitals used AGVs during Covid-19 to safely conduct contact less transportation of meals, waste bins, linen and sterile supplies. The programmability of AGVs helps reduce waste and saves time while performing tasks accurately and helping improve productivity.
AGVs do not require experience or breaks which initially save the anticipated labor cost along with reducing utility cost. These vehicles can operate in every condition that human cannot effectively work on due to the lack of accessibility or lack of safety and presence of health hazards.
With rise in demand for e-commerce, supply chains are implementing AGVs in distribution centers enabling industries to operate at high output. The utilization of AGVs in the pharmaceutical industry increased to meet the excessive demand and sustain hygiene. Hospitals used AGVs during Covid-19 to safely conduct contact less transportation of meals, waste bins, linen and sterile supplies. The programmability of AGVs helps reduce waste and saves time while performing tasks accurately and helping improve productivity.
AGVs do not require experience or breaks which initially save the anticipated labor cost along with reducing utility cost. These vehicles can operate in every condition that human cannot effectively work on due to the lack of accessibility or lack of safety and presence of health hazards.
Key Segments Covered in North America Automated Guided Vehicles Market
North America Automated Guided Vehicles Market By Product Type
- Automated Forklift
- Automated Tow/Tractor/Tugs
- Unit Load Carriers
- Assembly Line
- Underride/Tunneling
- Special Purposes
North America Automated Guided Vehicles Market By Navigation Technology Type
- Laser Guided
- Magnetic Guided
- Vision Guided
- Wired Guided
North America Automated Guided Vehicles Market By Application Type
- Transportation and Distribution
- Storage, Warehousing and Assembly
- Packaging
North America Automated Guided Vehicles Market By Type of End User Industry
- Aerospace and Defense
- Automotive
- Food and Beverage
- Industrial Goods Manufacturing
- Consumer Goods
- Healthcare
- Logistics
- Retail
- Others
North America Automated Guided Vehicles Market By Geography and Major Countries
- USA
- Canada
- Mexico
Key Target Audience
- Automated Guided Vehicles Manufacturers
- Forklift Manufacturers
- Robotic Systems Manufacturers
- Aerospace and Defense Companies
- Automotive Components Manufacturers
- Food and Beverage Companies
- Consumer Good Manufacturers
- Potential Investors in Automated Guided Vehicles Industry
- Allied/Auxiliary Industries in Automated Guided Vehicles Market
- Automated Guided Vehicles Wholesalers and Distributors
- Industrial Goods Manufacturers
- Owners of Warehouses, Storage Units
- Retail Service/Product Providers
- Healthcare Service Providers
Time Period Captured in the Report:
- Historical Period: 2017-2021
- Forecast Period: 2022-2027F
Key Topics Covered in the Report:
- Snapshot of North America Automated Guided Vehicles Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of North America Automated Guided Vehicles Market
- Historic Growth of Overall North America Automated Guided Vehicles Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of North America Automated Guided Vehicles Industry
- Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
- Covid 19 Impact on the Overall North America Automated Guided Vehicles Market
- Future Market Forecast and Growth Rates of the Total North America Automated Guided Vehicles Market and by Segments
- Market Size of End User Industries with Historical CAGR and Future Forecasts
- Analysis of North America Automated Guided Vehicles Market in Major North American Countries
- Major Production/Consumption Hubs in the Major Countries
- Major Production/Supply and Consumption/Demand Hubs in Each Major Country
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging North America Automated Guided Vehicles Companies within Each Major Country
Table of Contents
1. Executive Summary
2. Market Overview and Key Trends Impacting Growth
3. Total North America - Market Segmentation by Product Type, Historic Growth, Outlook & Forecasts
4. Total North America - Market Segmentation by Navigation Technology Type, Historic Growth, Outlook & Forecasts
5. Total North America - Market Segmentation by Application Type, Historic Growth, Outlook & Forecasts
6. Total North America Market Segmentation by Type of End User Industry, Growth, Outlook & Forecasts
7. Industry/Competition Analysis - Competitive Landscape
8. Key Competitor Profiles
9. Geographic Analysis & Major Countries Market Historic Growth, Outlook and Forecasts
10. Industry Experts Opinions/Perspectives
11. Analyst Recommendations
12. Appendix
Executive Summary
The report titled North America Automated Guided Vehicles Market Outlook and Forecast to 2027 - Driven by Rising Demand for Automation in Material Handling, Enhanced Workplace Safety and Improved Productivity provides acomprehensive analysis of the North America Automated Guided Vehicles Market. The report provides industry size basis revenue and value chain analysis, market segmentation based on Product Type, Navigation Technology Type, Application Type, Type of End User Industry, competition benchmarking, COVID impact, future projections and trends, drivers & challenges. It also provides the market by Revenue of the major countries in the North America region and also provides the country-level analysis based on the segments. It also provides inputs on major opportunities and potential strategies to gain from the market. Over the next five years, the Automated Guided Vehicles market in North America is forecasted to grow at nearly 15% CAGR, owing to the rise in demand for automation in material handling industries, leading to improvements in productivity and accuracy and reduction in utility cost. Automated Guided Vehicles (AGV), leveraging sensors, visual indicators, emergency stop buttons, and navigation technology features, ensure that the working environment is safe.Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Daifuku
- John Bean Technologies (JBT)
- Oceaneering Intl
- Toyota Industries corporation
- KUKA
- Hyster-Yale
- Seegrid
- Crown Equipment
- KION
- Mitsubishi Logisnext
- Scott
- Jungheinrich
- Slip Robotics
- Waku Robotics
- Waypoint Robotics
- Vention
- OTTO Motors
- Intronic
- Automation Topstar de México
- Onemind
