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Automated Guided Vehicle Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Automated Guided Vehicle Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Specialized Vehicle Manufacturing | May 2016

On track: Industry demand will rise as technology improves and corporate profit grows

IBISWorld’s Automated Guided Vehicle Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Egemin Automation Egemin Automation market share
JBT Corporation JBT Corporation market share
Jervis B. Webb Jervis B. Webb market share
Industry Statistics & Market Size
Revenue
$199m
Annual Growth 11-16
8.3%
Annual Growth 16-21
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Profit
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Employment
1,130
Businesses
44
Industry Analysis & Industry Trends

Over the past five years, operators in the Automated Guided Vehicle (AGV) Manufacturing industry have lifted itself to new highs. As the economy expanded, industrial production and freight volumes climbed. Consequently, the need for more goods to be moved throughout manufacturing and logistics facilities grew. As a result, demand for AGVs increased. Over the next five years, industry revenue is expected to continue growing. Increasing manufacturing and transportation activity and a continued emphasis on productivity are anticipated to propel demand for industry products. Moreover, as operators adapt AGVs to accommodate more industries, their proliferation throughout the entire economy will rise. However, an appreciating dollar and competition will temper the rate of growth.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Automated Guided Vehicle Manufacturing industry has a medium level of market share concentration, with the top four companies accounting for a combined 65.2% of industry revenue. The production of AGVs is highly specialized, and the technology has yet to be adopted as a standard component of most manufacturing and warehouse facilities. As such, demand for AGVs is largely directed at industry players with decades of experience and the capacity to customize vehicles based on a client's specific logistics needs.

During the past five years, IBISWorld estimates that the industry has become slightly less concentrated as international firms slowly expand their presence in the United States, drawing business away from established US-based companies... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automated Guided Vehicle Manufacturing Industry?

This industry manufacture automated guided vehicles (AGV), which are mobile robots used for material handling and tracking or repetitive tasks. These vehicles follow markers or use vision or lasers to navigate in commercial settings.

Industry Products
Wire systemsLaser systems
 
Industry Activities
Manufacturing automated guided vehicles for assembly linesManufacturing automated guided vehicles for forkliftingManufacturing automated guided vehicles for other industries' production linesManufacturing automated guided vehicles for handling and tracking inventory


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