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Asia Pacific Automated Guided Vehicle Market
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Asia Pacific Automated Guided Vehicle Market

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Asia Pacific Automated Guided Vehicle (AGV) Market, By Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks); By Navigation Technology (Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance); By Application (Transportation, Distribution, Storage, Assembly, Packaging, Waste Handling); By End User (Automotive, Manufacturing, Food & Beverages, Aerospace, Healthcare, Logistics, Retail); By Region (China, India, Japan, South Korea, Australia & New Zealand, Indonesia Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: November 2023
  • Report ID: BWC23892
  • Available Format: PDF
  • Page: 200

Report Overview

An increasing focus on safety, accuracy, and productivity and rising demand for automation and automated guided vehicles (AGVs) are projected to propel the expansion of the Asia-Pacific automated guided vehicle (AGV) market during the forecast period between 2023 and 2029.

Asia Pacific Automated Guided Vehicle (AGV) Market - Industry Trends & Forecast Report, 2029

The Asia-Pacific automated guided vehicle (AGV) market size was estimated at USD 3.5 billion in 2022. During the forecast period between 2023 and 2029, the size of Asia-Pacific automated guided vehicle (AGV) market is projected to grow at a CAGR of 9.78% reaching a value of USD 6.8 billion by 2029. Major growth drivers for the Asia-Pacific automated guided vehicle (AGV) market include an increasing emphasis on enhancing workplace safety and high adoption of Industry 4.0 within the realm of AGV manufacturing. Notably, there is a growing demand for AGVs in material handling, aimed at boosting productivity. Prominent industry players are actively assessing the pros and cons of AGVs to identify potential growth opportunities in the market. Manufacturers within this sector are also seizing incremental opportunities by introducing innovative product offerings. Another driving force is the continuous increase in R&D investments and the growing number of production facilities worldwide. Hence, such aspects are expected to boost the expansion of Asia-Pacific automated guided vehicle (AGV) market during the forecast period.

Asia Pacific Automated Guided Vehicle Market

Automated Guided Vehicles (AGVs) – Overview

Automated guided vehicles (AGVs) are autonomous, computer-controlled systems with advanced navigation and collision avoidance capabilities, offering efficient material transport without human intervention. They ensure reliability, cost reduction, increased productivity, and enhanced workplace safety. The industry is shifting towards automation, driven by Industry 4.0, leading to a rising demand for AGVs. AGV software supports navigation, steering, and traffic control. The adoption of automated material handling with technologies like Big Data and Machine Learning is expected to drive the market in the coming years, aligning with the broader trend of automating industrial processes for improved efficiency and logistics.

Asia-Pacific Automated Guided Vehicle (AGV) Market

Growth Drivers

Increasing Focus on Safety, Accuracy, and Productivity

Asia-Pacific automated guided vehicle (AGV) market is experiencing significant growth, primarily driven by an increasing emphasis on safety, accuracy, and productivity in various industries. AGVs, with their autonomous and precise navigation capabilities, are being adopted to enhance workplace safety and minimize errors in material handling. This heightened focus on improving productivity and operational efficiency aligns with the demands of Industry 4.0 and automation initiatives. As companies in the region recognize the potential of AGVs to optimize logistics and manufacturing processes, the market is on an upward trajectory, with strong prospects for continued expansion and innovation in AGV technology.

Restraints

High Initial Costs

Implementing AGV systems involves substantial capital expenditure, including the purchase of AGVs, necessary infrastructure modifications, and integration with existing systems. While AGVs offer long-term benefits in terms of increased efficiency and reduced labor costs, these upfront expenses can deter smaller enterprises from adopting the technology. Overcoming this hurdle may require offering cost-effective solutions, financing options, or demonstrating the long-term return on investment to make AGVs more accessible to a broader range of industries.

Impact of COVID-19 on Asia-Pacific Automated Guided Vehicle (AGV) Market

COVID-19 pandemic had dual impact on the Asia-Pacific automated guided vehicle (AGV) market. Pandemic-driven advancements in navigation technology played a vital role in the development and adoption of AGVs for various applications, including warehouse management, transportation, and manufacturing in industries like food, pharmaceuticals, and chemicals. AGV manufacturers and service providers have shown a particular interest in four navigation technologies: laser-guided, vision-guided, natural navigation, and magnetic navigation. Moreover, the rise of Industry 4.0 has increased the demand for logistics automation. This has made AGVs essential in optimizing production capabilities, particularly in the logistics sector, where the need for efficiency and safety has surged due to the pandemic.

Asia-Pacific Automated Guided Vehicle (AGV) Market

Segmental Coverage

Asia-Pacific Automated Guided Vehicle (AGV) Market – By Type

Based on type, the Asia-Pacific automated guided vehicle (AGV) market is divided into Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, and Forklift Trucks segments.

Asia-Pacific Automated Guided Vehicle (AGV) Market – By Navigation Technology

Based on navigation technology, the Asia-Pacific automated guided vehicle (AGV) market is divided into Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, and Vision Guidance segments. The magnetic guidance segment holds the highest share in the Asia-Pacific automated guided vehicle (AGV) market by navigation technology, due to its exceptional precision and accuracy. This prominence can be attributed to the outstanding precision and accuracy offered by magnetic guidance systems. AGVs equipped with magnetic guidance technology are capable of navigating with remarkable reliability, making them a preferred choice in settings where precise movement and alignment are crucial. Industries across the Asia-Pacific region have recognized the value of this technology in optimizing their material handling operations, contributing to its leading market share within the AGV navigation technology landscape.

Asia-Pacific Automated Guided Vehicle (AGV) Market – By Application

Based on application, the Asia-Pacific automated guided vehicle (AGV) Market is divided into Transportation, Distribution, Storage, Assembly, Packaging, and Waste Handling segments. The transportation segment is expected to hold the highest share in the Asia-Pacific automated guided vehicle (AGV) market during the forecast period by application. In the region, there is a burgeoning need for efficient and automated material handling and logistics solutions to support the continuous growth in e-commerce, manufacturing, and warehouse operations. AGVs offer a cost-effective and highly reliable way to streamline transportation processes, enhance accuracy, and reduce operational risks. Additionally, AGVs are well-suited for moving goods within and between various facilities, aligning perfectly with the logistics and transportation demands of this dynamic and rapidly expanding market, thus contributing to the segment's substantial market share. Meanwhile, the assembly segment is expected to witness the fastest growth rate during the forecast period. This was primarily driven by the increasing need for economical assembly solutions across diverse industries.

Asia-Pacific Automated Guided Vehicle (AGV) Market – By End Use

On the basis of end use, the Asia-Pacific automated guided vehicle (AGV) market

is divided into Automotive, Manufacturing, Food & beverages, Aerospace, Healthcare, Logistics, Retail segments. The manufacturing segment holds the highest share in the Asia-Pacific Automated guided vehicle (AGV) market by end use. Manufacturing facilities often require the efficient movement of raw materials, work-in-progress items, and finished products within their operations. AGVs offer a reliable and cost-effective solution for automating material handling tasks, ensuring streamlined workflows and minimal downtime. Their precise navigation, ability to work alongside human employees safely, and adaptability to a variety of manufacturing environments make AGVs highly suitable for this sector. As a result, the manufacturing industry has been a prominent adopter of AGV technology, contributing to its dominant share in the global AGV market.

Asia-Pacific Automated Guided Vehicle (AGV) Market – By Country

The Asia-Pacific automated guided vehicle (AGV) market by country is segmented as China, India, Japan, South Korea, Australia & New Zealand, Indonesia Malaysia, Singapore, Vietnam, and Rest of APAC. China holds the highest share in the Asia-Pacific automated guided vehicle (AGV) market. Companies in the Asia-Pacific region are strategically positioning their operations, particularly in countries like China and India, capitalizing on the world’s most populous nations and increasing purchasing power of consumers in those countries. Furthermore, the flourishing e-commerce sector plays a pivotal role in propelling market expansion. As competition within the e-commerce industry intensifies, market players are focused on distinguishing themselves by reducing product delivery times. Meanwhile, Japan is expected to witness fastest growth rate during the forecast period. It can be primarily due to the availability of both customized and basic AGVs and the ongoing research and development activities in the country. Meanwhile, the Indian market is projected to sustain steady growth throughout the forecast period, spurred by heightened demand for material handling equipment within the manufacturing sector.

Competitive Landscape

Major players operating in the Asia-Pacific automated guided vehicle (AGV) market include Daifuku Co., Ltd, Dematic: Dematic, Seegrid Corporation, Yujin Robot Co., Ltd, JBT Corporation, Cimcorp Group, Murata Machinery Ltd, Transbotics Corporation, KION Group, and GreyOrange. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa 

Product/ Service Segmentation

Type, Navigation Technology, Application, End Use, Region

Key Players

Daifuku Co., Ltd, Dematic: Dematic, Seegrid Corporation, Yujin Robot Co., Ltd, JBT Corporation, Cimcorp Group, Murata Machinery, Ltd, Transbotics Corporation, KION Group, GreyOrange

 

By Type

  • Tow Vehicles

  • Unit Load Carriers

  • Pallet Trucks

  • Assembly Line Vehicles

  • Forklift Trucks

By Navigation Technology

  • Laser Guidance

  • Magnetic Guidance

  • Inductive Guidance

  • Optical Tape Guidance

  • Vision Guidance

By Application

  • Transportation

  • Distribution

  • Storage

  • Assembly

  • Packaging

  • Waste Handling

By End User

  • Automotive

  • Manufacturing

  • Food & beverages

  • Aerospace

  • Healthcare

  • Logistics

  • Retail

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia-Pacific Automated Guided Vehicle (AGV) Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing focus on safety, accuracy, and productivity
        2. Surge in demand for automation and automated guided vehicles (AGVs)
      2. Restraints
        1. High initial investment costs
        2. Lack of flexibility and obstacle resistance in automated guided vehicles
      3. Opportunities
        1. Increasing incorporation of industry 4.0.
        2. Rising focus on industrial automation
      4. Challenges
        1.  Low labor cost restricting adoption of automated guided vehicles in emerging economies
        2. Technical challenges related to safety elements
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia-Pacific Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
        1. Tow Vehicles
        2. Unit Load Carriers
        3. Pallet Trucks
        4. Assembly Line Vehicles
        5. Forklift Trucks
      2. By Navigation Technology
        1. Laser Guidance
        2. Magnetic Guidance
        3. Inductive Guidance
        4. Optical Tape Guidance
        5. Vision Guidance
        6. Others
      3. By Application
        1. Transportation
        2. Distribution
        3. Storage
        4. Assembly
        5. Packaging
        6. Waste Handling
      4. By End User
        1. Automotive
        2. Manufacturing
        3. Food & beverages
        4. Aerospace
        5. Healthcare
        6. Logistics
        7. Retail
        8. Others
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia & New Zealand
        6. Indonesia
        7. Malaysia
        8. Singapore
        9. Vietnam
        10. Rest of Asia Pacific
  5. China Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  6. India Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  7. Japan Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  8. South Korea Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  9. Australia & New Zealand Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  10. Indonesia Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  11. Malaysia Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  12. Singapore Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  13. Vietnam Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  14. Rest of APAC Automated Guided Vehicle (AGV) Market Overview
    1. Market Size & Forecast by Value & Volume, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Type
      2. By Navigation Technology
      3. By Application
      4. By End User
  15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia-Pacific Automated Guided Vehicle (AGV) Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
  16. Impact of Covid-19 on Asia-Pacific Automated Guided Vehicle (AGV) Market
  17.   Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook and SWOT Analysis)
    1. Daifuku Co., Ltd
    2. Dematic: Dematic
    3. Seegrid Corporation
    4. Yujin Robot Co., Ltd
    5. JBT Corporation
    6. Cimcorp Group
    7. Murata Machinery, Ltd
    8. Transbotics Corporation
    9. KION Group
    10. GreyOrange
    11. Other Prominent Players
  18. Key Strategic Recommendations
  19. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1       Asia-Pacific Automated Guided Vehicle (AGV) Market Segmentation

Figure 2       Asia-Pacific Automated Guided Vehicle (AGV) Market Value Chain Analysis

Figure 3   Company Market Share Analysis, 2022

Figure 4       Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 5       Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 6      Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 7      Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 8      Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 9      Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Country, By Value, 2019–2029

Figure 10    China Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 11   China Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 12   China Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 13   China Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 14    China Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 15   India Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 16    India Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 17    India Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 18    India Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 19    India Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 20    Japan Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 21    Japan Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 22    Japan Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 23    Japan Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 24    Japan Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 25    South Korea Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 26    South Korea Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 27    South Korea Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 28    South Korea Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 29    South Korea Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 30    Australia & New Zealand Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 31    Australia & New Zealand Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 32    Australia & New Zealand Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 33 Australia & New Zealand Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 34    Australia & New Zealand Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 35    Indonesia Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 36    Indonesia Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 37    Indonesia Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 38    Indonesia Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 39    Indonesia Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 40    Malaysia Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 41    Malaysia Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 42    Malaysia Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 43    Malaysia Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 44     Malaysia Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 45    Singapore Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 46    Singapore Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 47    Singapore Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 48    Singapore Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 49    Singapore Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 50    Vietnam Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 51    Vietnam Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 52    Vietnam Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 53    Vietnam Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 54    Vietnam Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

Figure 55    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Value (USD Billion), 2019–2029

Figure 56    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Type, By Value, 2019–2029

Figure 57    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Navigation Technology, By Value, 2019–2029

Figure 58     Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By Application, By Value, 2019–2029

Figure 59    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Share, By End User, By Value, 2019–2029

 

List of Tables

 

Table 1      Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 2      Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 3      Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 4      Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 5      Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Country, By Value, 2019–2029

Table 6      China Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 7      China Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 8      China Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 9      China Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 10    India Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 11    India Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 12    India Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 13    India Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 14    Japan Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 15    Japan Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 16    Japan Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 17    Japan Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 18    South Korea Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 19    South Korea Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 20    South Korea Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 21    South Korea Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 22    Australia & New Zealand Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 23    Australia & New Zealand Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 24    Australia & New Zealand Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 25    Australia & New Zealand Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 26    Indonesia Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 27    Indonesia Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 28    Indonesia Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 29    Indonesia Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 30    Malaysia Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 31    Malaysia Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 32    Malaysia Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 33    Malaysia Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 34    Singapore Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 35    Singapore Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 36    Singapore Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 37    Singapore Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 38    Vietnam Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 39    Vietnam Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 40    Vietnam Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 41    Vietnam Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 42    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Type, By Value, 2019–2029

Table 43    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Navigation Technology, By Value, 2019–2029

Table 44    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By Application, By Value, 2019–2029

Table 45    Rest of Asia-Pacific Automated Guided Vehicle (AGV) Market Size, By End User, By Value, 2019–2029

Table 46    Daifuku Co., Ltd Company Overview

Table 47    Daifuku Co., Ltd Financial Overview

Table 48    Dematic: Dematic Company Overview

Table 49    Dematic: Dematic Financial Overview

Table 50    Seegrid Corporation Company Overview

Table 51    Seegrid Corporation Financial Overview

Table 52    Yujin Robot Co., Ltd Company Overview

Table 53    Yujin Robot Co., Ltd Financial Overview

Table 54    JBT Corporation Company Overview

Table 55    JBT Corporation Financial Overview

Table 56    Cimcorp Group Company Overview

Table 57    Cimcorp Group Financial Overview

Table 58    Murata Machinery, Ltd Company Overview

Table 59    Murata Machinery, Ltd Financial Overview

Table 60    Transbotics Corporation Company Overview

Table 61    Transbotics Corporation Financial Overview

Table 62    KION Group Company Overview

Table 63    KION Group Financial Overview

Table 64    GreyOrange Company Overview

Table 65    GreyOrange Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: Major factors driving the growth of the Asia-Pacific Automated Guided Vehicle (AGV) Market include an increasing focus on safety, accuracy, and productivity and surge in demand for automation and AGVs.
Ans: Asia-Pacific Automated Guided Vehicle (AGV) Market size was estimated at USD 3.5 billion in 2022.
Ans: Asia-Pacific Automated Guided Vehicle (AGV) Market size is expected to grow at a CAGR of 9.78% during the forecast period between 2023 and 2029.
Ans: Asia-Pacific Automated Guided Vehicle (AGV) Market size is expected to reach a value of USD 6.8 billion by 2029.
Ans: Major factors driving the growth of the Asia-Pacific Automated Guided Vehicle (AGV) Market include an increasing focus on safety, accuracy, and productivity and surge in demand for automation and AGVs.