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

IBISWorld’s Automated Guided Vehicle Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Growing industrial activity and freight volumes are anticipated to increase demand for AGVs
  • Many of the world’s leading AGV producers are located abroad
  • Product innovation has been an important factor in the industry’s growth

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    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...

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    Industry Report - Industry Products Chapter

    Automated guided vehicles (AGVs) are typically wheel-based load carriers or other vehicles that follow computer-controlled paths through laser-guided navigation or through magnetic tape across a plant floor. Firms in this industry manufacture different vehicle types that can be used for a variety of applications across a number of different industries, but primarily in an industrial or commercial setting. In general, vehicle sales have been skyrocketing over the past five years.

    Laser-guided systems

    Laser-guided AGV systems account for an estimated 58.0% of industry revenue. In this type of system AGV shoot lasers at a number of reflectors installed around a particular area. The AGV can then use the signal information to calculate it location and determine is path. Las..

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    Additional Insights for the Automated Guided Vehicle Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automated Guided Vehicle Manufacturing Industry are

  • Access to the latest available and most efficient technology and techniques
  • Effective quality control
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Freight transportation services index and Industrial production index in the Automated Guided Vehicle Manufacturing industry impact industry performance..

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    Industry Products

    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 systems
    Laser systems
    Industry Activities
    Manufacturing automated guided vehicles for assembly lines
    Manufacturing automated guided vehicles for forklifting
    Manufacturing automated guided vehicles for other industries' production lines
    Manufacturing automated guided vehicles for handling and tracking inventory

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Freight transportation services index
  • Industrial production index
  • Corporate profit
  • Trade-weighted index

  • Current Performance
  • Strong growth
  • Trends in trade
  • Profit and other trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand expands
  • Competition from trade
  • Profit and other trends
  • Table: Automated Guided Vehicle Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automated Guided Vehicle Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Manufacturing
  • Transportation and Warehousing
  • Healthcare and Social Assistance

  • Key Selling Industries
  • Engine & Turbine Manufacturing
  • Iron & Steel Manufacturing
  • Nonferrous Metal Foundry Products Manufacturing
  • Software Publishing
  • Tire Manufacturing

  • Products & Services
  • Laser systems
  • Other
  • Wire systems
  • Chart: Automated Guided Vehicle Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing industries
  • Transportation and warehousing
  • Exports
  • Miscellaneous industries
  • Chart: Major Market Segmentation for the Automated Guided Vehicle Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Automated Guided Vehicle Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automated Guided Vehicle Manufacturing Industry

  • Industry Globalization
    Major Companies
    JBT CorporationJervis B. Webb CompanyEgemin Automation
  • Table: JBT Corporation - financial performance
  • Table: Jervis B. Webb Company - financial performance
  • Table: Egemin Automation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Automated Guided Vehicle Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Automated Guided Vehicle Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Industrial production index (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Automated Guided Vehicle (Agv)
  • An automated guided vehicle (AGV) is a wheel-based vehicle that follows a computer-controlled path along a series of lasers, magnetic tape or other systems.
  • Fork Vehicle
  • An AGV equipped with a heavy duty fork used for lifting and loading pallets, racks and other trays.
  • Towing Vehicle
  • An AGV equipped with a hitching mechanism used to tow or haul multiple crates of cargo across a facility floor.
  • Why buy this report?

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    This report on Automated Guided Vehicle Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automated Guided Vehicle Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automated Guided Vehicle Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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