
Asia-pacific Automated Guided Vehicle Market Forecast 2023-2032
Description
Asia-pacific Automated Guided Vehicle Market Forecast 2023-2032
KEY FINDINGS
The Asia-Pacific automated guided vehicle market is anticipated to grow with a 7.98% CAGR during the forecast period, 2023-2032. The market growth is boosted due to emerging economies, the establishment of new manufacturing units by global OEMs, and the rising adoption of automation in industries like automotive, e-commerce, food & beverages, and pharmaceuticals & healthcare in countries like China, India, and South Korea.
MARKET INSIGHTS
The Asia-Pacific automated guided vehicle market growth evaluation entails the analysis of India, Australia & New Zealand, Singapore, Japan, China, South Korea, and Rest of Asia-Pacific. India’s manufacturing sector is rapidly expanding, largely fueled by the “Make in India” initiative to transform the country into a global manufacturing hub. This initiative has attracted international manufacturing conglomerates like GE, Siemens, HTC, Toshiba, and Boeing, enticed by India’s vast market of over a billion consumers and their escalating purchasing power.
Furthermore, e-commerce has revolutionized the business landscape in India, driven significantly by increasing internet and smartphone penetration. As automated guided vehicles (AGVs) are increasingly used for material handling, making distribution centers and warehouses more automated, e-commerce is anticipated to be a key driver of growth.
On the other hand, the South Korea automated guided vehicle market is forecasted to experience substantial growth due to rapid advancements in the manufacturing and e-commerce sectors, increased adaptability, and a surge in government expenditure. The South Korean government, striving to stay competitive with countries like China and Japan, actively supports automation in material handling and warehouses, implementing various initiatives to facilitate this transition.
COMPETITIVE INSIGHTS
Leading players operating in the market include Daifuku Co Ltd, Toyota Industries Corporation, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
166 Pages
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.4.1. Impact Of Covid-19 On Automated Guided Vehicle Market
- 2.5. Major Market Findings
- 2.5.1. Growing Warehouse Activities Across Globe
- 2.5.2. Asia-pacific Anticipated To Be The Fastest-growing Region
- 2.5.3. Advancements In Related Technologies
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Surging Demand For Automation In Material Handling
- 3.1.2. Adoption Of Stringent Safety Regulations At Workplaces
- 3.1.3. Improved Workflow In Production Processes
- 3.2. Key Restraints
- 3.2.1. High Setup Costs
- 3.2.2. Restricted Flexibility
- 4. Key Analytics
- 4.1. Parent Market Analysis
- 4.2. Key Market Trends
- 4.2.1. Increasing Demand In E-commerce Fulfilment Centers
- 4.2.2. Industry 4.0 Promoting Industrial Automation
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Growth Prospect Mapping
- 4.5. Market Concentration Analysis
- 4.6. Value Chain Analysis
- 4.6.1. Raw Materials Suppliers
- 4.6.2. Oems
- 4.6.3. Distributors
- 4.6.4. End-users
- 4.7. Key Buying Criteria
- 4.7.1. Product Features
- 4.7.2. Type Of Technology
- 4.7.3. Payload Capacity
- 5. Market By Application
- 5.1. Manufacturing
- 5.1.1. Market Forecast Figure
- 5.1.2. Segment Analysis
- 5.2. Warehouse & Distribution
- 5.2.1. Market Forecast Figure
- 5.2.2. Segment Analysis
- 6. Market By Battery Type
- 6.1. Lead Battery
- 6.1.1. Market Forecast Figure
- 6.1.2. Segment Analysis
- 6.2. Lithium-ion Battery
- 6.2.1. Market Forecast Figure
- 6.2.2. Segment Analysis
- 6.3. Nickel-based Battery
- 6.3.1. Market Forecast Figure
- 6.3.2. Segment Analysis
- 7. Market By Vehicle Type
- 7.1. Tow Vehicles
- 7.1.1. Market Forecast Figure
- 7.1.2. Segment Analysis
- 7.2. Unit Load Carriers
- 7.2.1. Market Forecast Figure
- 7.2.2. Segment Analysis
- 7.3. Automated Forklift
- 7.3.1. Market Forecast Figure
- 7.3.2. Segment Analysis
- 7.4. Pallet Trucks
- 7.4.1. Market Forecast Figure
- 7.4.2. Segment Analysis
- 7.5. Other Vehicle Types
- 7.5.1. Market Forecast Figure
- 7.5.2. Segment Analysis
- 8. Market By Navigation Technology
- 8.1. Laser Guidance
- 8.1.1. Market Forecast Figure
- 8.1.2. Segment Analysis
- 8.2. Magnetic Guidance
- 8.2.1. Market Forecast Figure
- 8.2.2. Segment Analysis
- 8.3. Vision Guidance
- 8.3.1. Market Forecast Figure
- 8.3.2. Segment Analysis
- 8.4. Inductive Guidance
- 8.4.1. Market Forecast Figure
- 8.4.2. Segment Analysis
- 8.5. Other Navigation Technologies
- 8.5.1. Market Forecast Figure
- 8.5.2. Segment Analysis
- 9. Geographical Analysis
- 9.1. Asia-pacific
- 9.1.1. Key Players
- 9.1.2. Country Analysis
- 9.1.2.1. China
- 9.1.2.1.1. China Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.2. Japan
- 9.1.2.2.1. Japan Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.3. India
- 9.1.2.3.1. India Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.4. South Korea
- 9.1.2.4.1. South Korea Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.5. Singapore
- 9.1.2.5.1. Singapore Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.6. Australia & New Zealand
- 9.1.2.6.1. Australia & New Zealand Automated Guided Vehicle Market Size & Opportunities
- 9.1.2.7. Rest Of Asia-pacific
- 9.1.2.7.1. Rest Of Asia-pacific Automated Guided Vehicle Market Size & Opportunities
- 10. Competitive Landscape
- 10.1. Key Strategic Developments
- 10.1.1. Acquisitions
- 10.1.2. Product Launches & Developments
- 10.1.3. Partnerships & Agreements
- 10.2. Company Profiles
- 10.2.1. Balyo
- 10.2.1.1. Company Overview
- 10.2.1.2. Product List
- 10.2.1.3. Strengths & Challenges Analysis
- 10.2.2. Daifuku Co Ltd
- 10.2.2.1. Company Overview
- 10.2.2.2. Product List
- 10.2.2.3. Strengths & Challenges Analysis
- 10.2.3. Hyster-yale Materials Handling Inc
- 10.2.3.1. Company Overview
- 10.2.3.2. Product List
- 10.2.3.3. Strengths & Challenges Analysis
- 10.2.4. John Bean Technologies Corporation
- 10.2.4.1. Company Overview
- 10.2.4.2. Product List
- 10.2.4.3. Strengths & Challenges Analysis
- 10.2.5. Kion Ag
- 10.2.5.1. Company Overview
- 10.2.5.2. Product List
- 10.2.5.3. Strengths & Challenges Analysis
- 10.2.6. Mitsubishi Logisnext Co Ltd
- 10.2.6.1. Company Overview
- 10.2.6.2. Product List
- 10.2.6.3. Strengths & Challenges Analysis
- 10.2.7. Oceaneering International Inc
- 10.2.7.1. Company Overview
- 10.2.7.2. Product List
- 10.2.7.3. Strengths & Challenges Analysis
- 10.2.8. Ssi Schaefer Group
- 10.2.8.1. Company Overview
- 10.2.8.2. Product List
- 10.2.8.3. Strengths & Challenges Analysis
- 10.2.9. Swisslog Holding Ag
- 10.2.9.1. Company Overview
- 10.2.9.2. Product List
- 10.2.9.3. Strengths & Challenges Analysis
- 10.2.10. Toyota Industries Corporation
- 10.2.10.1. Company Overview
- 10.2.10.2. Product List
- 10.2.10.3. Strengths & Challenges Analysis
- 10.2.11. Visionnav Robotics
- 10.2.11.1. Company Overview
- 10.2.11.2. Product List
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.