1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 DEFINITION 26
1.3 INCLUSIONS AND EXCLUSIONS 27
1.4 STUDY SCOPE 27
1.4.1 MARKETS COVERED 27
1.4.2 YEARS CONSIDERED 28
1.5 CURRENCY 28
1.6 LIMITATIONS 28
1.7 MARKET STAKEHOLDERS 29

2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 1 AGV MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 List of major secondary sources 31
2.1.1.2 Key data from secondary sources 31
2.1.2 PRIMARY DATA 32
2.1.2.1 Breakdown of primaries 32
2.1.2.2 Primary interviews with experts 32
2.1.2.3 Key data from primary sources 33
2.1.3 SECONDARY AND PRIMARY RESEARCH 34
2.1.3.1 Key industry insights 35
2.2 MARKET SIZE ESTIMATION 35
2.2.1 BOTTOM-UP APPROACH 36
2.2.1.1 Approach for arriving at market size using bottom-up analysis (demand side) 36
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.2.2.1 Approach for capturing market size using top-down analysis
(supply side) 37
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 4 DATA TRIANGULATION 38
2.4 RESEARCH ASSUMPTIONS 39
FIGURE 5 ASSUMPTIONS OF RESEARCH STUDY 39

3 EXECUTIVE SUMMARY 40
FIGURE 6 IMPACT ANALYSIS OF COVID-19 ON AGV MARKET 40
3.1 REALISTIC SCENARIO 41
3.2 PESSIMISTIC SCENARIO 41
3.3 OPTIMISTIC SCENARIO 41
FIGURE 7 TOW VEHICLES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF
AGV MARKET IN 2020 42
FIGURE 8 LASER GUIDANCE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF
AGV MARKET IN 2020 43
FIGURE 9 E-COMMERCE SEGMENT OF AGV MARKET TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 44
FIGURE 10 AGV MARKET IN APAC TO GROW HIGHEST CAGR FROM 2020 TO 2025 45

4 PREMIUM INSIGHTS 46
4.1 AGV MARKET, 2020–2025 (USD BILLION) 46
FIGURE 11 GROWING DEMAND FOR AUTOMATION IN MATERIAL HANDLING
PROCESSES ACROSS INDUSTRIES TO FUEL GROWTH OF AGV MARKET FROM 2020 TO 2025 46
4.2 AGV MARKET, BY TYPE 46
FIGURE 12 UNIT LOAD CARRIERS SEGMENT TO HOLD LARGEST SIZE OF
AGV MARKET IN 2025 46
4.3 AGV MARKET, BY INDUSTRY 47
FIGURE 13 AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF
AGV MARKET IN 2025 47
4.4 AGV MARKET, BY NAVIGATION TECHNOLOGY AND REGION 47
FIGURE 14 LASER GUIDANCE SEGMENT AND EUROPE TO ACCOUNT FOR LARGE SHARES OF AGV MARKET IN 2020 47
4.5 AGV MARKET, BY GEOGRAPHY 48
FIGURE 15 US TO HOLD LARGEST SHARE OF AGV MARKET IN 2020 48

5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
FIGURE 16 AGV MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Growing demand for automation in material handling processes across industries 50
5.2.1.2 Rising popularity of e-commerce owing to COVID-19 50
5.2.1.3 Improving safety standards at workplaces 50
5.2.1.4 Shifting demand from mass production to mass customization 51
FIGURE 17 DRIVERS FOR AGV MARKET AND THEIR IMPACT 51
5.2.2 RESTRAINTS 52
5.2.2.1 High installation, maintenance, and switching costs 52
5.2.2.2 Increased use of mobile robots in retail and e-commerce industries 52
5.2.2.3 Decreased demand for automated guided vehicles owing to
COVID-19 52
FIGURE 18 RESTRAINTS FOR AGV MARKET AND THEIR IMPACT 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Integration of Industry 4.0 with robotics 53
5.2.3.2 Rise in adoption of industrial automation by SMEs 53
5.2.3.3 Industrial growth in emerging economies 54
5.2.3.4 Presence of huge intralogistics sector in Southeast Asia 54
FIGURE 19 OPPORTUNITIES FOR AGV MARKET AND THEIR IMPACT 54
5.2.4 CHALLENGES 55
5.2.4.1 Low labor costs and dependency on labor in manufacturing sector of emerging economies 55
5.2.4.2 Technical challenges related to sensing elements 55
FIGURE 20 CHALLENGES FOR AGV MARKET AND THEIR IMPACT 55
5.3 VALUE CHAIN ANALYSIS 56
FIGURE 21 MAJOR VALUE ADDED DURING MANUFACTURING AND ASSEMBLY, AND SYSTEM INTEGRATION STAGES 56

6 AGV MARKET, BY TYPE 58
6.1 INTRODUCTION 59
FIGURE 22 AGV MARKET, BY TYPE 59
FIGURE 23 TOW VEHICLES SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST SIZE OF AGV MARKET IN 2020 59
TABLE 1 AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 60
TABLE 2 AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 60
6.2 TOW VEHICLES 61
6.2.1 TOW VEHICLES TO HOLD LARGEST SIZE OF GLOBAL AGV MARKET IN 2020 61
TABLE 3 AGV MARKET FOR TOW VEHICLES, BY NAVIGATION TECHNOLOGY,
2016–2019 (USD MILLION) 61
TABLE 4 AGV MARKET FOR TOW VEHICLES, BY NAVIGATION TECHNOLOGY,
2020–2025 (USD MILLION) 62
TABLE 5 AGV MARKET FOR TOW VEHICLES, BY INDUSTRY, 2016–2019 (USD MILLION) 62
TABLE 6 AGV MARKET FOR TOW VEHICLES, BY INDUSTRY, 2020–2025 (USD MILLION) 63
TABLE 7 AGV MARKET FOR TOW VEHICLES, BY REGION, 2016–2019 (USD MILLION) 63
TABLE 8 AGV MARKET FOR TOW VEHICLES, BY REGION, 2020–2025 (USD MILLION) 63
6.3 UNIT LOAD CARRIERS 64
6.3.1 AUTOMOTIVE INDUSTRY TO BE MAJOR CONTRIBUTOR TO DEMAND FOR UNIT LOAD CARRIERS 64
TABLE 9 AGV MARKET FOR UNIT LOAD CARRIERS, BY NAVIGATION TECHNOLOGY, 2016–2019 (USD MILLION) 64
TABLE 10 AGV MARKET FOR UNIT LOAD CARRIERS, BY NAVIGATION TECHNOLOGY, 2020–2025 (USD MILLION) 65
TABLE 11 AGV MARKET FOR UNIT LOAD CARRIERS, BY INDUSTRY, 2016–2019
(USD MILLION) 65
TABLE 12 AGV MARKET FOR UNIT LOAD CARRIERS, BY INDUSTRY, 2020–2025
(USD MILLION) 66
TABLE 13 AGV MARKET FOR UNIT LOAD CARRIERS, BY REGION, 2016–2019
(USD MILLION) 66
TABLE 14 AGV MARKET FOR UNIT LOAD CARRIERS, BY REGION, 2020–2025
(USD MILLION) 66
6.4 PALLET TRUCKS 67
6.4.1 VISION-GUIDED PALLET TRUCKS TO REGISTER HIGHEST GROWTH IN MARKET DURING FORECAST PERIOD 67
TABLE 15 AGV MARKET FOR PALLET TRUCKS, BY NAVIGATION TECHNOLOGY,
2016–2019 (USD MILLION) 67
TABLE 16 AGV MARKET FOR PALLET TRUCKS, BY NAVIGATION TECHNOLOGY,
2020–2025 (USD MILLION) 68
TABLE 17 AGV MARKET FOR PALLET TRUCKS, BY INDUSTRY, 2016–2019
(USD MILLION) 68
TABLE 18 AGV MARKET FOR PALLET TRUCKS, BY INDUSTRY, 2020–2025
(USD MILLION) 69
TABLE 19 AGV MARKET FOR PALLET TRUCKS, BY REGION, 2016–2019 (USD MILLION) 69
TABLE 20 AGV MARKET FOR PALLET TRUCKS, BY REGION, 2020–2025 (USD MILLION) 69
6.5 ASSEMBLY LINE VEHICLES 70
6.5.1 ASSEMBLY LINE VEHICLES MAJORLY USED FOR TRANSPORTATION OF SUBASSEMBLIES 70
TABLE 21 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY NAVIGATION TECHNOLOGY, 2016–2019 (USD MILLION) 70
TABLE 22 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY NAVIGATION TECHNOLOGY, 2020–2025 (USD MILLION) 71
TABLE 23 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY INDUSTRY, 2016–2019 (USD MILLION) 71
TABLE 24 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY INDUSTRY, 2020–2025 (USD MILLION) 72
TABLE 25 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY REGION, 2016–2019
(USD MILLION) 72
TABLE 26 AGV MARKET FOR ASSEMBLY LINE VEHICLES, BY REGION, 2020–2025
(USD MILLION) 72
6.6 FORKLIFT TRUCKS 73
6.6.1 E-COMMERCE SEGMENT OF AGV MARKET FOR FORKLIFT TRUCKS TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 73
TABLE 27 AGV MARKET FOR FORKLIFT TRUCKS, BY NAVIGATION TECHNOLOGY,
2016–2019 (USD MILLION) 73
TABLE 28 AGV MARKET FOR FORKLIFT TRUCKS, BY NAVIGATION TECHNOLOGY,
2020–2025 (USD MILLION) 74
TABLE 29 AGV MARKET FOR FORKLIFT TRUCKS, BY INDUSTRY, 2016–2019
(USD MILLION) 74
TABLE 30 AGV MARKET FOR FORKLIFT TRUCKS, BY INDUSTRY, 2020–2025
(USD MILLION) 75
TABLE 31 AGV MARKET FOR FORKLIFT TRUCKS, BY REGION, 2016–2019
(USD MILLION) 75
TABLE 32 AGV MARKET FOR FORKLIFT TRUCKS, BY REGION, 2020–2025
(USD MILLION) 75
6.7 OTHERS 76
TABLE 33 AGV MARKET FOR OTHER TYPES, BY NAVIGATION TECHNOLOGY, 2016–2019 (USD MILLION) 76
TABLE 34 AGV MARKET FOR OTHER TYPES, BY NAVIGATION TECHNOLOGY, 2020–2025 (USD MILLION) 76
TABLE 35 AGV MARKET FOR OTHER TYPES, BY INDUSTRY, 2016–2019 (USD MILLION) 77
TABLE 36 AGV MARKET FOR OTHER TYPES, BY INDUSTRY, 2020–2025 (USD MILLION) 77
TABLE 37 AGV MARKET FOR OTHER TYPES, BY REGION, 2016–2019 (USD MILLION) 78
TABLE 38 AGV MARKET FOR OTHER TYPES, BY REGION, 2020–2025 (USD MILLION) 78

7 AGV MARKET, BY NAVIGATION TECHNOLOGY 79
7.1 INTRODUCTION 80
FIGURE 24 AGV MARKET, BY NAVIGATION TECHNOLOGY 80
FIGURE 25 LASER GUIDANCE SEGMENT TO HOLD LARGEST SIZE OF
AGV MARKET IN 2025 80
TABLE 39 AGV MARKET, BY NAVIGATION TECHNOLOGY, 2016–2019 (USD MILLION) 80
TABLE 40 AGV MARKET, BY NAVIGATION TECHNOLOGY, 2020–2025 (USD MILLION) 81
7.2 LASER GUIDANCE 81
7.2.1 LASER GUIDANCE TECHNOLOGY SEGMENT TO HOLD LARGEST SIZE OF AGV MARKET FROM 2020 TO 2025 81
TABLE 41 LASER GUIDANCE AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 82
TABLE 42 LASER GUIDANCE AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 82
7.3 MAGNETIC GUIDANCE 82
7.3.1 MAGNETIC GUIDANCE AGVS ARE CHIEFLY USED IN FOOD & BEVERAGES AND AUTOMOTIVE INDUSTRIES 82
TABLE 43 MAGNETIC GUIDANCE AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 83
TABLE 44 MAGNETIC GUIDANCE AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 83
7.4 INDUCTIVE GUIDANCE 84
7.4.1 INDUCTIVE GUIDANCE IS AMONG THE MOST COMMON TYPES OF
GUIDANCE SYSTEMS 84
TABLE 45 INDUCTIVE GUIDANCE AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 84
TABLE 46 INDUCTIVE GUIDANCE AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 85
7.5 OPTICAL TAPE GUIDANCE 85
7.5.1 TOW VEHICLES TO HOLD LARGEST SIZE OF OPTICAL TAPE-GUIDED AGVS DURING FORECAST PERIOD 85
TABLE 47 OPTICAL TAPE GUIDANCE AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 86
TABLE 48 OPTICAL TAPE GUIDANCE AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 86
7.6 VISION GUIDANCE 87
7.6.1 VISION GUIDANCE AGVS TO REGISTER HIGHEST CAGR IN MARKET DURING FORECAST PERIOD 87
TABLE 49 VISION GUIDANCE AGV MARKET, BY TYPE, 2016–2019 (USD MILLION) 87
TABLE 50 VISION GUIDANCE AGV MARKET, BY TYPE, 2020–2025 (USD MILLION) 88
7.7 OTHERS 88
TABLE 51 OTHER NAVIGATION TECHNOLOGIES-BASED AGV MARKET, BY TYPE,
2016–2019 (USD MILLION) 88
TABLE 52 OTHER NAVIGATION TECHNOLOGIES-BASED AGV MARKET, BY TYPE,
2020–2025 (USD MILLION) 89

8 AGV MARKET, BY INDUSTRY 90
8.1 INTRODUCTION 91
FIGURE 26 AGV MARKET, BY INDUSTRY 91
FIGURE 27 AUTOMOTIVE SEGMENT TO HOLD LARGEST SIZE OF AGV MARKET FROM

2020 TO 2025 91
TABLE 53 AGV MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 92
TABLE 54 AGV MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 92
8.2 COVID -19 IMPACT ON INDUSTRIES USING AGV 93
8.3 AUTOMOTIVE 94
8.3.1 AUTOMOTIVE INDUSTRY HOLDS LARGEST SHARE OF GLOBAL AGV MARKET 94
TABLE 55 AGV MARKET FOR AUTOMOTIVE INDUSTRY, BY TYPE, 2016–2019
(USD MILLION) 94
TABLE 56 AGV MARKET FOR AUTOMOTIVE INDUSTRY, BY TYPE, 2020–2025
(USD MILLION) 95
TABLE 57 AGV MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2016–2019
(USD MILLION) 95
TABLE 58 AGV MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2020–2025
(USD MILLION) 95
8.4 METAL & HEAVY MACHINERY 96
8.4.1 APAC TO HOLD LARGEST SIZE OF AGV MARKET FOR METAL & HEAVY INDUSTRY FROM 2020 TO 2025 96
TABLE 59 AGV MARKET FOR METAL & HEAVY MACHINERY INDUSTRY, BY TYPE,
2016–2019 (USD MILLION) 96
TABLE 60 AGV MARKET FOR METAL & HEAVY MACHINERY INDUSTRY, BY TYPE,
2020–2025 (USD MILLION) 96
TABLE 61 AGV MARKET FOR METAL & HEAVY MACHINERY INDUSTRY, BY REGION, 2016–2019 (USD MILLION) 97
TABLE 62 AGV MARKET FOR METAL & HEAVY MACHINERY INDUSTRY, BY REGION, 2020–2025 (USD MILLION) 97
8.5 FOOD & BEVERAGES 97
8.5.1 INCREASED GLOBAL DEMAND FOR FOOD & BEVERAGES DRIVING ADOPTION OF AGVS IN THIS INDUSTRY 97
TABLE 63 AGV MARKET FOR FOOD & BEVERAGES INDUSTRY, BY TYPE, 2016–2019 (USD MILLION) 98
TABLE 64 AGV MARKET FOR FOOD & BEVERAGES INDUSTRY, BY TYPE, 2020–2025 (USD MILLION) 98
TABLE 65 AGV MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2016–2019 (USD MILLION) 99
TABLE 66 AGV MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2020–2025 (USD MILLION) 99
8.6 CHEMICALS 99
8.6.1 AGVS HELPS CHEMICAL COMPANIES TO ENSURE SAFETY OF EMPLOYEES AND MANAGE WORKFLOW EFFECTIVELY 99
TABLE 67 AGV MARKET FOR CHEMICALS INDUSTRY, BY TYPE, 2016–2019
(USD MILLION) 100
TABLE 68 AGV MARKET FOR CHEMICALS INDUSTRY, BY TYPE, 2020–2025
(USD MILLION) 100
TABLE 69 AGV MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2016–2019
(USD MILLION) 100
TABLE 70 AGV MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2020–2025
(USD MILLION) 101
8.7 HEALTHCARE 101
8.7.1 AGV MARKET FOR HEALTHCARE INDUSTRY IN APAC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 101
TABLE 71 AGV MARKET FOR HEALTHCARE INDUSTRY, BY TYPE, 2016–2019
(USD MILLION) 102
TABLE 72 AGV MARKET FOR HEALTHCARE INDUSTRY, BY TYPE, 2020–2025
(USD MILLION) 102
TABLE 73 AGV MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2016–2019
(USD MILLION) 102
TABLE 74 AGV MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2020–2025
(USD MILLION) 103
8.8 3PL 103
8.8.1 INCREASED ONLINE RETAILING ACTIVITIES DRIVING DEMAND FOR AGVS TO CARRY OUT LOGISTICS OPERATIONS 103
TABLE 75 AGV MARKET FOR 3PL INDUSTRY, BY TYPE, 2016–2019 (USD MILLION) 104
TABLE 76 AGV MARKET FOR 3PL INDUSTRY, BY TYPE, 2020–2025 (USD MILLION) 104
TABLE 77 AGV MARKET FOR 3PL INDUSTRY, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 78 AGV MARKET FOR 3PL INDUSTRY, BY REGION, 2020–2025 (USD MILLION) 105
8.9 SEMICONDUCTORS & ELECTRONICS 105
8.9.1 INCREASED DEMAND FOR AGVS IN CLEANROOM APPLICATIONS OF SEMICONDUCTORS & ELECTRONICS INDUSTRY 105
TABLE 79 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS INDUSTRY, BY TYPE, 2016–2019 (USD MILLION) 106
TABLE 80 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS INDUSTRY, BY TYPE, 2020–2025 (USD MILLION) 106
TABLE 81 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS INDUSTRY,
BY REGION, 2016–2019 (USD MILLION) 106
TABLE 82 AGV MARKET FOR SEMICONDUCTORS & ELECTRONICS INDUSTRY,
BY REGION, 2020–2025 (USD MILLION) 107
8.10 AVIATION 107
8.10.1 AGVS FACILITATE MANUFACTURING AND ASSEMBLY OPERATIONS IN AVIATION INDUSTRY 107
TABLE 83 AGV MARKET FOR AVIATION INDUSTRY, BY TYPE, 2016–2019 (USD MILLION) 108
TABLE 84 AGV MARKET FOR AVIATION INDUSTRY, BY TYPE, 2020–2025 (USD MILLION) 108
TABLE 85 AGV MARKET FOR AVIATION INDUSTRY, BY REGION, 2016–2019
(USD MILLION) 108
TABLE 86 AGV MARKET FOR AVIATION INDUSTRY, BY REGION, 2020–2025
(USD MILLION) 109
8.11 E-COMMERCE 109
8.11.1 AGV MARKET FOR E-COMMERCE INDUSTRY TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 109
TABLE 87 AGV MARKET FOR E-COMMERCE INDUSTRY, BY TYPE, 2016–2019
(USD MILLION) 110
TABLE 88 AGV MARKET FOR E-COMMERCE INDUSTRY, BY TYPE, 2020–2025
(USD MILLION) 110
TABLE 89 AGV MARKET FOR E-COMMERCE INDUSTRY, BY REGION, 2016–2019
(USD MILLION) 110
TABLE 90 AGV MARKET FOR E-COMMERCE INDUSTRY, BY REGION, 2020–2025
(USD MILLION) 111
8.12 OTHERS 111
TABLE 91 AGV MARKET FOR OTHER INDUSTRIES, BY TYPE, 2016–2019 (USD MILLION) 111
TABLE 92 AGV MARKET FOR OTHER INDUSTRIES, BY TYPE, 2020–2025 (USD MILLION) 112
TABLE 93 AGV MARKET FOR OTHER INDUSTRIES, BY REGION, 2016–2019
(USD MILLION) 112
TABLE 94 AGV MARKET FOR OTHER INDUSTRIES, BY REGION, 2020–2025
(USD MILLION) 112

9 GEOGRAPHIC ANALYSIS 113
9.1 INTRODUCTION 114
FIGURE 28 AGV MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM 2020 T0 2025 114
TABLE 95 AGV MARKET, BY REGION, 2016–2019 (USD MILLION) 114
TABLE 96 AGV MARKET, BY REGION, 2020–2025 (USD MILLION) 115
9.2 NORTH AMERICA 116
FIGURE 29 NORTH AMERICA: AGV MARKET SNAPSHOT 117
TABLE 97 AGV MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION) 117
TABLE 98 AGV MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION) 118
TABLE 99 AGV MARKET IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION) 118
TABLE 100 AGV MARKET IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION) 118
TABLE 101 AGV MARKET IN NORTH AMERICA, BY INDUSTRY, 2016–2019 (USD MILLION) 119
TABLE 102 AGV MARKET IN NORTH AMERICA, BY INDUSTRY, 2020–2025 (USD MILLION) 119
9.2.1 US 120
9.2.1.1 US to lead AGV market in North America during forecast period 120
9.2.2 CANADA 120
9.2.2.1 Automotive industry in Canada to fuel growth of AGV market
in country 120
9.2.3 MEXICO 121
9.2.3.1 AGV market in Mexico to grow at highest rate 121
9.3 EUROPE 122
FIGURE 30 EUROPE: AGV MARKET SNAPSHOT 123
TABLE 103 AGV MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION) 123
TABLE 104 AGV MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION) 124
TABLE 105 AGV MARKET IN EUROPE, BY TYPE, 2016–2019 (USD MILLION) 124
TABLE 106 AGV MARKET IN EUROPE, BY TYPE, 2020–2025 (USD MILLION) 124
TABLE 107 AGV MARKET IN EUROPE, BY INDUSTRY, 2016–2019 (USD MILLION) 125
TABLE 108 AGV MARKET IN EUROPE, BY INDUSTRY, 2020–2025 (USD MILLION) 125
9.3.1 GERMANY 126
9.3.1.1 Germany to hold largest size of AGV market in Europe 126
9.3.2 UK 126
9.3.2.1 Automotive industry in the UK to fuel AGV market 126
9.3.3 FRANCE 126
9.3.3.1 Growing retail sector in France to aid growth of AGV market 126
9.3.4 REST OF EUROPE 127
9.4 APAC 128
FIGURE 31 APAC: AGV MARKET SNAPSHOT 129
TABLE 109 AGV MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION) 129
TABLE 110 AGV MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION) 130
TABLE 111 AGV MARKET IN APAC, BY TYPE, 2016–2019 (USD MILLION) 130
TABLE 112 AGV MARKET IN APAC, BY TYPE, 2020–2025 (USD MILLION) 130
TABLE 113 AGV MARKET IN APAC, BY INDUSTRY, 2016–2019 (USD MILLION) 131
TABLE 114 AGV MARKET IN APAC, BY INDUSTRY, 2020–2025 (USD MILLION) 131
9.4.1 CHINA 132
9.4.1.1 China to hold largest size of AGV market in APAC 132
9.4.2 JAPAN 132
9.4.2.1 Growing e-commerce industry in Japan to support AGV market growth 132
9.4.3 AUSTRALIA 133
9.4.3.1 Manufacturing sector to drive growth of AGV market in Australia from 2020 to 2025 133
9.4.4 SOUTH KOREA 133
9.4.4.1 Ongoing expansions of leading players in South Korea to support growth of AGV market in country 133
9.4.5 REST OF APAC 133
9.5 ROW 134
FIGURE 32 ROW: AGV MARKET SNAPSHOT 134
TABLE 115 AGV MARKET IN APAC, BY REGION, 2016–2019 (USD MILLION) 134
TABLE 116 AGV MARKET IN APAC, BY REGION, 2020–2025 (USD MILLION) 134
TABLE 117 AGV MARKET IN APAC, BY TYPE, 2016–2019 (USD MILLION) 135
TABLE 118 AGV MARKET IN APAC, BY TYPE, 2020–2025 (USD MILLION) 135
TABLE 119 AGV MARKET IN APAC, BY INDUSTRY, 2016–2019 (USD MILLION) 136
TABLE 120 AGV MARKET IN APAC, BY INDUSTRY, 2020–2025 (USD MILLION) 136
9.5.1 SOUTH AMERICA 137
9.5.1.1 South America to lead AGV market in RoW 137
9.5.2 AFRICA 137
9.5.2.1 Increasing warehouse automation to support AGV market growth 137
9.5.3 MIDDLE EAST 137
9.5.3.1 AGV market in the Middle East to grow at significant rate 137

10 COMPETITIVE LANDSCAPE 138
10.1 OVERVIEW 138
FIGURE 33 PRODUCT LAUNCHES EMERGED AS KEY GROWTH STRATEGY ADOPTED
BY PLAYERS IN AGV MARKET FROM 2017 TO 2020 138
10.2 RANKING OF PLAYERS IN AGV MARKET 139
FIGURE 34 RANKING OF TOP 5 PLAYERS IN AGV MARKET, 2019 139
10.3 COMPETITIVE LEADERSHIP MAPPING 140
10.3.1 VISIONARIES 140
10.3.2 INNOVATORS 140
10.3.3 DYNAMIC DIFFERENTIATORS 140
10.3.4 EMERGING COMPANIES 140
FIGURE 35 AGV MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019 141
10.4 COMPETITIVE SITUATIONS & TRENDS 142
FIGURE 36 PRODUCT LAUNCHES HAS BEEN KEY STRATEGY ADOPTED BY LEADING MARKET PLAYERS FROM 2017 TO 2020 142
10.4.1 PRODUCT LAUNCHES 143
TABLE 121 PRODUCT LAUNCHES, 2018–2020 143
10.4.2 EXPANSIONS, PARTNERSHIPS, AND COLLABORATIONS 144
TABLE 122 EXPANSIONS, PARTNERSHIPS, AND COLLABORATIONS, 2018–2020 144
10.4.3 ACQUISITIONS 144
TABLE 123 ACQUISITIONS, 2017–2019 144
10.4.4 CONTRACTS AND AGREEMENTS 145
TABLE 124 CONTRACTS AND AGREEMENTS, 2017–2019 145

11 COMPANY PROFILES 146
11.1 KEY PLAYERS 146
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1.1 DAIFUKU 146
FIGURE 37 DAIFUKU: COMPANY SNAPSHOT 146
11.1.2 JBT 149
FIGURE 38 JBT: COMPANY SNAPSHOT 149
11.1.3 KION 152
FIGURE 39 KION: COMPANY SNAPSHOT 153
11.1.4 KUKA 156
FIGURE 40 KUKA: COMPANY SNAPSHOT 156
11.1.5 TOYOTA INDUSTRIES 159
FIGURE 41 TOYOTA INDUSTRIES: COMPANY SNAPSHOT 159
11.1.6 HYSTER-YALE MATERIALS HANDLING 162
FIGURE 42 HYSTER-YALE MATERIALS HANDLING: COMPANY SNAPSHOT 162
11.1.7 OCEANEERING 164
FIGURE 43 OCEANEERING: COMPANY SNAPSHOT 164
11.1.8 E&K AUTOMATION 166
11.1.9 SEEGRID 168
11.1.10 SSI SCHAEFER 170
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
11.2 RIGHT TO WIN 172
11.3 OTHER COMPANIES 173
11.3.1 ADDVERB TECHNOLOGIES 173
11.3.2 AGV INTERNATIONAL 173
11.3.3 AMERICA IN MOTION 174
11.3.4 DANBACH ROBOT JIANGXI 174
11.3.5 ECA 175
11.3.6 ECHKART 175
11.3.7 GRENZEBACH 176
11.3.8 IKV ROBOT 176
11.3.9 KNAPP 177
11.3.10 MEIDEN AMERICA 177
11.3.11 MURATA MACHINERY 178
11.3.12 REDVIKING 178
11.3.13 ROCLA 179
11.3.14 SCOTT AUTOMATION 179
11.3.15 UNCEASE AUTOMATION 180

12 ADJACENT AND RELATED MARKET 181
12.1 INTRODUCTION 181
12.2 LIMITATIONS 181
12.3 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET 182
12.3.1 MARKET DEFINITION 182
12.3.2 MARKET OVERVIEW 182
12.3.3 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET, BY INDUSTRY 182
TABLE 125 AMH EQUIPMENT MARKET, BY INDUSTRY, 2015–2024 (USD BILLION) 183
12.3.3.1 Automotive 184
TABLE 126 AMH EQUIPMENT MARKET FOR AUTOMOTIVE, BY PRODUCT, 2015–2024 (USD MILLION) 184
TABLE 127 AMH EQUIPMENT MARKET FOR AUTOMOTIVE, BY REGION, 2015–2024
(USD MILLION) 184
12.3.3.2 Metals & heavy machinery 185
TABLE 128 AMH EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY PRODUCT, 2015–2024 (USD MILLION) 185
TABLE 129 AMH EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY REGION, 2015–2024 (USD MILLION) 185
12.3.3.3 Food & beverages 186
TABLE 130 AMH EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY PRODUCT,
2015–2024 (USD MILLION) 186
TABLE 131 AMH EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY REGION,
2015–2024 (USD MILLION) 186
12.3.3.4 Chemicals 187
TABLE 132 AMH EQUIPMENT MARKET FOR CHEMICALS, BY PRODUCT, 2015–2024
(USD MILLION) 187
TABLE 133 AMH EQUIPMENT MARKET FOR CHEMICALS, BY REGION, 2015–2024
(USD MILLION) 187
12.3.3.5 Semiconductors & electronics 188
TABLE 134 AMH EQUIPMENT MARKET FOR SEMICONDUCTORS & ELECTRONICS,
BY PRODUCT, 2015–2024 (USD MILLION) 188
TABLE 135 AMH EQUIPMENT MARKET FOR SEMICONDUCTORS & ELECTRONICS,
BY REGION, 2015–2024 (USD MILLION) 189
12.3.3.6 Healthcare 189
TABLE 136 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY TYPE, 2015–2024
(USD MILLION) 189
TABLE 137 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY PRODUCT, 2015–2024 (USD MILLION) 190
TABLE 138 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY REGION, 2015–2024
(USD MILLION) 190
12.3.3.7 Aviation 190
TABLE 139 AMH EQUIPMENT MARKET FOR AVIATION, BY PRODUCT, 2015–2024
(USD MILLION) 191
TABLE 140 AMH EQUIPMENT MARKET FOR AVIATION, BY REGION, 2015–2024
(USD MILLION) 191
12.3.3.8 E-commerce 191
TABLE 141 AMH EQUIPMENT MARKET FOR E-COMMERCE, BY PRODUCT, 2015–2024 (USD MILLION) 192
TABLE 142 AMH EQUIPMENT MARKET FOR E-COMMERCE, BY REGION, 2015–2024 (USD MILLION) 192
12.3.3.9 Others 192
TABLE 143 AMH EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY PRODUCT,
2015–2024 (USD MILLION) 193
TABLE 144 AMH EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY REGION, 2015–2024 (USD MILLION) 193
12.3.4 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET, BY REGION 194
TABLE 145 AMH EQUIPMENT MARKET, BY REGION, 2015–2024 (USD BILLION) 194
12.3.4.1 North America 195
TABLE 146 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2024 (USD MILLION) 195
TABLE 147 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY PRODUCT, 2015–2024 (USD MILLION) 195
TABLE 148 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY INDUSTRY, 2015–2024 (USD MILLION) 196
12.3.4.2 Europe 196
TABLE 149 AMH EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2015–2024
(USD MILLION) 196
TABLE 150 AMH EQUIPMENT MARKET IN EUROPE, BY PRODUCT, 2015–2024
(USD MILLION) 197
TABLE 151 AMH EQUIPMENT MARKET IN EUROPE, BY INDUSTRY, 2015–2024
(USD MILLION) 197
12.3.4.3 APAC 198
TABLE 152 AMH EQUIPMENT MARKET IN APAC, BY COUNTRY, 2015–2024
(USD MILLION) 198
TABLE 153 AMH EQUIPMENT MARKET IN APAC, BY PRODUCT, 2015–2024
(USD MILLION) 198
TABLE 154 AMH EQUIPMENT MARKET IN APAC, BY INDUSTRY, 2015–2024
(USD MILLION) 199
12.3.4.4 RoW 199
TABLE 155 AMH EQUIPMENT MARKET IN ROW, BY REGION, 2015–2024 (USD MILLION) 199
TABLE 156 AMH EQUIPMENT MARKET IN ROW, BY PRODUCT, 2015–2024
(USD MILLION) 200
TABLE 157 AMH EQUIPMENT MARKET IN ROW, BY INDUSTRY, 2015–2024
(USD MILLION) 200

13 APPENDIX 201
13.1 INSIGHTS OF INDUSTRY EXPERTS 201
13.2 DISCUSSION GUIDE 202
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 205
13.4 AVAILABLE CUSTOMIZATIONS 207
13.5 RELATED REPORTS 207
13.6 AUTHOR DETAILS 208