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.
- Bioprocess Optimization and Digital Bio-manufacturing: Global Markets (BIO170B)
- Metal-organic Frameworks: Global Markets (AVM200B)
- Laboratory Animal Models, 3D Cultures, and Organoids: Global Markets (PHM204C)
- Global DNA Sequencing: Research, Applied and Clinical Markets (BIO045J)
- Surgical Equipment: Technologies and Global Markets (HLC154C)
Related Reports
Robotics: Technologies and Global Markets
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.
Safety Laser Scanner: Global Markets
The global market for safety laser scanners should grow from $457.2 million in 2020 to $648.3 million by 2025, at a compound annual growth rate (CAGR) of 7.2% for the period of 2020-2025.
Industry 4.0 Technologies: Global Market Through 2023
The global market for industry 4.0 will grow from nearly $7.7 billion in 2018 to $21.7 billion by 2023, with a compound annual growth rate (CAGR) of 23.1% for the period of 2018-2023.
Smart Manufacturing: Technologies and Global Markets
The global market for smart manufacturing should reach $392 billion by 2020 from $159 billion in 2015, at a compound annual growth rate (CAGR) of 19.8% from 2015 to 2020.
Recent Reports
Global Digital Twin Market
The global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 45.7% from 2024 to 2029.
Robotics: Technologies and Global Markets
The global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2029.
Heating, Ventilation and Air Conditioning: Global Markets
The global market for heating, ventilation, and air conditioning (HVAC) is expected to grow from $263.6 billion in 2023 and is projected to reach $346.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.6% during the forecast period of 2023 to 2028.
Industrial Furnaces: Global Markets
The global market for industrial furnaces is expected to grow from $11.8 billion in 2023 to $14.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.5% from 2023 through 2028.
Smart Parking Technologies and Global Markets
The global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028, with a compound annual growth rate (CAGR) of 18.1% during the forecast period of 2023-2028.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More