Global Industrial Smart Autonomous Guided Vehicles Market Growth 2024-2030

Global Industrial Smart Autonomous Guided Vehicles Market Growth 2024-2030

An industrial smart autonomous guided vehicle refers to an unmanned automated vehicle that incorporates artificial intelligence, robotics and machine learning into the system, has automatic guidance equipment such as magnetic strips, tracks or lasers, and is equipped with safety protection and various auxiliary mechanisms. In an industrial smart environment, usually multiple AGVs powered by batteries and control computers (console), navigation equipment, charging equipment and peripheral ancillary equipment that drive along the planned path form an AGV system. The main working principle is that the control computer Under the monitoring and task scheduling of the AGV, the AGV can accurately follow the specified path and complete a series of tasks after reaching the designated position of the task.

The global Industrial Smart Autonomous Guided Vehicles market size is projected to grow from US$ 4028.1 million in 2023 to US$ 7277.8 million in 2030; it is expected to grow at a CAGR of 8.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Smart Autonomous Guided Vehicles Industry Forecast” looks at past sales and reviews total world Industrial Smart Autonomous Guided Vehicles sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial Smart Autonomous Guided Vehicles sales for 2024 through 2030. With Industrial Smart Autonomous Guided Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Smart Autonomous Guided Vehicles industry.

This Insight Report provides a comprehensive analysis of the global Industrial Smart Autonomous Guided Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Smart Autonomous Guided Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Smart Autonomous Guided Vehicles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Smart Autonomous Guided Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Smart Autonomous Guided Vehicles.

The market is expected to exhibit significant growth rate in the future owing to increasing demand for contactless and efficient logistics infrastructure. The adoption of AGVs has increased significantly in recent years as they are recognized as reliable material handling solutions, thereby increasing the production capacity of the industry. These material handling solutions are used to reduce physical damage to cargo (often caused by human operators) and increase operational efficiency. Automatic guided vehicles are used in almost all industries such as logistics, automobiles, food and beverage, and manufacturing. Rising demand for automation and automated guided vehicles across industries, increased safety, accuracy, and productivity are driving the growth of the automated guided vehicles market. In addition, decreasing labor costs for organizations is also contributing to the growth of the market. However, high initial investment cost and lack of flexibility hamper the growth of the automated guided vehicle market. Furthermore, the incorporation of Industry 4.0 is expected to provide lucrative growth opportunities for the players in the automated guided vehicle market.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Smart Autonomous Guided Vehicles market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Laser Guidance
Magnetic Guidance
Infrared Guidance
Optical Guided
Others

Segmentation by application
Transportation
Distribution
Storage

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dematic
JBT Corporation
Kuka
Daifuku
Siasun
Meidensha
Toyota
Swisslog
Kion Group
Omron Adept Technologies
AGVE Group
Murata Machinery
Transbotics
Oceaneering International
Seegrid
SSI Schaefer
AVT Europe
Cassioli
Robotnik
Kollmorgen
E&K Automation
BEUMER Group
Mecalux
Bastian Solutions
Kivnon

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Smart Autonomous Guided Vehicles market?

What factors are driving Industrial Smart Autonomous Guided Vehicles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Smart Autonomous Guided Vehicles market opportunities vary by end market size?

How does Industrial Smart Autonomous Guided Vehicles break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.