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Global Automated Guided Vehicle (AGV) Software Market 2019-2023

Global Automated Guided Vehicle (AGV) Software Market 2019-2023

About this market

The advent of integrated Industry 4.0 with IoT to drive market growth. The global economy is currently recording the adoption of industrial automation across various end-user industries, which is termed as the 4.0 Industrial Revolution. This current trend of automation for data exchange in manufacturing and other labor-intensive processes includes the loT, cyber-physical systems, and cloud computing. Robotics systems controlled by remote computers, which are equipped with machine learning, are used to process a wide range of materials with minimal human intervention. Technavio’s analysts have predicted that the automated guided vehicle (AGV) software market will register a CAGR of over 11% by 2023.

Market Overview

Digital transformation

Digital transformation across industries such as healthcare, transportation and logistics, retail, hospitality, and manufacturing is driving the growth of the global AGV software market. In the manufacturing and logistics industries, numerous advanced features are being introduced in the AGV software to improve the efficiency of operations. The emergence of advanced analytics, 360-degree feedback, and the loT is making warehouse tasks complex (such as time and performance management), which an AGV software can easily manage.

Interoperability issues

Interoperability issues is a major challenge in the market. Compatibility problems among different software applications, which varying AGV vendors develop increase the interoperability issues. The lack of interoperability makes information sharing between the AGVs and other warehouse sensors difficult. This may give rise to errors in the task performance of the AGVs. Therefore, the lack in interoperability leaves end-users unsatisfactory, which impedes the growth of the global AGV software market.

For the detailed list of factors that will drive and challenge the growth of the automated guided vehicle (AGV) software market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Daifuku and Honeywell International the competitive environment is quite intense. Factors such as the digital transformation and the advent of integrated Industry 4.0 with IoT, will provide considerable growth opportunities to automated guided vehicle (AGV) software manufactures. Daifuku, Honeywell International, KION GROUP, Murata Machinery, and SSI SCHAEFER are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) software market
      • Table Segments of global information technology (IT) software market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • In-built vehicle software - Market size and forecast 2018- 2023
      • Table In-built vehicle software - Market size and forecast 2018-2023 ($ millions)
      • Table In-built vehicle software - Year-over-year growth 2019-2023 (%)
    • Integrated software - Market size and forecast 2018-2023
      • Table Integrated software - Market size and forecast 2018-2023 ($ millions)
      • Table Integrated software - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Daifuku
      • Table Daifuku - Vendor overview
      • Table Daifuku - Product segments
      • Table Daifuku - Organizational developments
      • Table Daifuku - Geographic focus
      • Table Daifuku - Segment focus
      • Table Daifuku - Key offerings
    • Honeywell International
      • Table Honeywell International - Vendor overview
      • Table Honeywell International - Product segments
      • Table Honeywell International - Organizational developments
      • Table Honeywell International - Geographic focus
      • Table Honeywell International - Segment focus
      • Table Honeywell International - Key offerings
    • KION GROUP
      • Table KION GROUP - Vendor overview
      • Table KION GROUP - Business segments
      • Table KION GROUP - Organizational developments
      • Table KION GROUP - Geographic focus
      • Table KION GROUP - Segment focus
      • Table KION GROUP - Key offerings
    • Murata Machinery
      • Table Murata Machinery - Vendor overview
      • Table Murata Machinery - Business segments
      • Table Murata Machinery - Organizational developments
      • Table Murata Machinery - Geographic focus
      • Table Murata Machinery - Segment focus
      • Table Murata Machinery - Key offerings
    • SSI SCHAEFER
      • Table SSI SCHAEFER - Vendor overview
      • Table SSI SCHAEFER - Product segments
      • Table SSI SCHAEFER - Organizational developments
      • Table SSI SCHAEFER - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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