Report Highlights
The global automated guided vehicles (AGVs) market should reach $4.0 billion by 2025 from $1.6 billion in 2020 at a compound annual growth rate (CAGR) of 20.2% for the forecast period of 2020 to 2025.
Report Includes
- 39 data tables and 16 additional tables
- An updated overview of the global market for automated guided vehicles (AGV) and related technology segments
- Analyses of the global market trends, with data from 2019 to 2020, estimates for 2021 and 2023, and projections of compound annual growth rates (CAGRs) through 2025
- Review of current industry players, including manufacturers of AGV metrology, equipment suppliers, technology developers and future market participants
- Estimation of market size and revenue forecast for AGV, and corresponding market share analysis by type of vehicle, navigation technology, battery type, application and region for key market segments
- Discussion of the types of solutions and applications implemented by manufacturers
- Highlights of global R&D activities and new technological developments related to AGV system during the past few years, while outlining technical issues and challenges
- Impact analysis of COVID-19 pandemic on the growth of AGVs market as against the overall global economic outlook
- Competitive landscape featuring prominent companies in the AGV market and their global rankings
- Profile description of the market leading corporations, including Amerden Inc., ECA Group, GridBots, KION Group, Oceaneering International Inc. and SeeGrid
Report Scope
In this report, the market has been segmented based on type, application, industry, navigation technology, battery type and geography. The report provides an overview of the global market for AGVs and analyzes market trends. Using 2019 as the base year, the report provides estimated market data for the forecast period from 2020 through 2025. Revenue forecasts for this period are based on type, application, industry and geography. Market values have been estimated based on total revenues of the AGV manufacturers.
The report covers the market for AGVs with regards to their applications and types across different regions. It also focuses on the major trends and challenges that affect the market and the vendor landscape.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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