EUROPE AUTOMATED GUIDED VEHICLE MARKET FORECAST 2023-2032
SCOPE OF THE REPORT
Europe Automated Guided Vehicle Market by Application (Manufacturing, Warehouse & Distribution) Market by Battery Type (Lead Battery, Lithium-ion Battery, Nickel-based Battery) Market by Vehicle Type (Tow Vehicles, Unit Load Carriers, Automated Forklift, Pallet Trucks, Other Vehicle Types) Market by Navigation Technology (Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Other Navigation Technologies) by Geography
REPORTS » AUTOMATION » EUROPE AUTOMATED GUIDED VEHICLE MARKET FORECAST 2023-2032
MARKET OVERVIEW
The Europe automated guided vehicle market is estimated to be valued at $1290.20 million by 2032, accelerating at a 6.96% CAGR during the forecasted period, 2023-2032.
In Europe, the increased adoption of automated guided vehicles (AGVs) is largely attributed to their capacity to elevate workplace safety and satisfy the burgeoning need for automation. Besides, the Europe automated guided vehicle market is poised for improvement, propelled by the escalating investments channeled towards technological advancement within the manufacturing sector.
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The Europe automated guided vehicle market growth analysis entails a detailed analysis of Spain, France, Poland, the United Kingdom, Italy, Germany, and Rest of Europe. When considering the integration of automation within the manufacturing sector, the United Kingdom stands as a prominent player in Europe. The United Kingdom manufacturers increasingly rely on automated guided vehicles (AGVs) to enhance material handling efficiency and prevent collisions.
Given the United Kingdom’s heightened emphasis on workplace safety, automated guided vehicles are becoming more prevalent in United Kingdom manufacturing facilities. The growth of the United Kingdom market for automated guided vehicles is inextricably linked with the expansion of the e-commerce sector. As e-commerce operations burgeon, leading to optimized operations within warehouses, it positively impacts the market for automated guided vehicles, further driving its expansion. According to the International Federation of Robotics (IFR), France ranks second in the number of robots and Automated Guided Vehicles (AGVs) operating collaboratively with humans in automobile production.
Besides, in Frace, the utilization of robotics within the automotive sector is on an upward trajectory, with an annual order increase of 9% from suppliers and 6% from car manufacturers. This trend is largely attributed to government initiatives to bolster the nation’s manufacturing and implement automation, facilitating streamlined and effective production processes. The proliferation of AGVs in France is primarily driven by the enlargement of production facilities and the incorporation of robots within automobile plants.
The Europe automated guided vehicle market segmentation analysis includes navigation technology, vehicle type, application, and battery type. Market by application entails warehouse & distribution and manufacturing.
Automated Guided Vehicles (AGVs) deal with multifaceted operational demands in a warehouse setting. A significant workforce is necessary for warehouses to handle diverse tasks. These tasks encompass receiving and loading goods, unloading, hauling, storage, replenishment, order fulfillment, supervision, and quality assurance. The incorporation of AGVs can lead to a substantial reduction in labor requirements and a considerable boost in productivity, thereby stimulating market growth.
AGVs are employed in industrial environments to transport materials between specific points. They are often used in warehouses for a wide array of purposes. For instance, they are utilized for handling bulk materials, like palletizing, and for transporting single units in pick-and-place operations.
Additionally, AGVs play a crucial role in the transportation of goods and in carrying out order-picking operations. They are also integral to warehouse management and control functions and are entrusted with handling hazardous materials. The diverse applications of AGVs underline their pivotal role in enhancing the efficiency and safety of warehouse operations.
Major players in the Europe automated guided vehicle market are KION AG and SSI Schaefer Group.
SSI Schaefer Group is a leading provider of intralogistics solutions. Its extensive product range encompasses everything from storage and logistics systems to sophisticated workshops, company, office equipment, and cutting-edge waste engineering and recycling products. The SSI Schaefer Group is also renowned for implementing logistics systems. The company is headquartered in Neunkirchen, Germany.
One notable product in their portfolio is the AGV WEASEL®, an automated guided vehicle from SSI Schaefer. This vehicle is designed to automate transport tasks in existing and new storage systems, highlighting the company’s commitment to innovative intralogistics solutions.
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2023-2032 |
Base Year | 2022 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Application, Battery Type, Vehicle Type, and Navigation Technology |
Countries Analyzed | The United Kingdom, Germany, France, Italy, Spain, Poland, and Rest of Europe |
Companies Analyzed | Balyo, Daifuku Co Ltd, Hyster-Yale Materials Handling Inc, John Bean Technologies Corporation, KION Group AG, Mitsubishi Logisnext Co Ltd, Oceaneering International Inc, SSI Schaefer Group, Swisslog Holding AG, Toyota Industries Corporation, VisionNav Robotics |
TABLE OF CONTENT
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- IMPACT OF COVID-19 ON AUTOMATED GUIDED VEHICLE MARKET
- MAJOR MARKET FINDINGS
- GROWING WAREHOUSE ACTIVITIES ACROSS GLOBE
- ADVANCEMENTS IN RELATED TECHNOLOGIES
MARKET DYNAMICS
- KEY DRIVERS
- SURGING DEMAND FOR AUTOMATION IN MATERIAL HANDLING
- ADOPTION OF STRINGENT SAFETY REGULATIONS AT WORKPLACES
- IMPROVED WORKFLOW IN PRODUCTION PROCESSES
- KEY RESTRAINTS
- HIGH SETUP COSTS
- RESTRICTED FLEXIBILITY
- KEY DRIVERS
KEY ANALYTICS
- PARENT MARKET ANALYSIS
- KEY MARKET TRENDS
- INCREASING DEMAND IN E-COMMERCE FULFILMENT CENTERS
- INDUSTRY 4.0 PROMOTING INDUSTRIAL AUTOMATION
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET CONCENTRATION ANALYSIS
- VALUE CHAIN ANALYSIS
- RAW MATERIALS SUPPLIERS
- OEMS
- DISTRIBUTORS
- END-USERS
- KEY BUYING CRITERIA
- PRODUCT FEATURES
- TYPE OF TECHNOLOGY
- PAYLOAD CAPACITY
MARKET BY APPLICATION
- MANUFACTURING
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- WAREHOUSE & DISTRIBUTION
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- MANUFACTURING
MARKET BY BATTERY TYPE
- LEAD BATTERY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- LITHIUM-ION BATTERY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- NICKEL-BASED BATTERY
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- LEAD BATTERY
MARKET BY VEHICLE TYPE
- TOW VEHICLES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- UNIT LOAD CARRIERS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- AUTOMATED FORKLIFT
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- PALLET TRUCKS
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER VEHICLE TYPES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- TOW VEHICLES
MARKET BY NAVIGATION TECHNOLOGY
- LASER GUIDANCE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- MAGNETIC GUIDANCE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- VISION GUIDANCE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- INDUCTIVE GUIDANCE
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- OTHER NAVIGATION TECHNOLOGIES
- MARKET FORECAST FIGURE
- SEGMENT ANALYSIS
- LASER GUIDANCE
GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- UNITED KINGDOM AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- GERMANY
- GERMANY AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- FRANCE
- FRANCE AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- ITALY
- ITALY AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- SPAIN
- SPAIN AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- POLAND
- POLAND AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- REST OF EUROPE
- REST OF EUROPE AUTOMATED GUIDED VEHICLE MARKET SIZE & OPPORTUNITIES
- UNITED KINGDOM
- EUROPE
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- COMPANY PROFILES
- BALYO
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- DAIFUKU CO LTD
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- HYSTER-YALE MATERIALS HANDLING INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- JOHN BEAN TECHNOLOGIES CORPORATION
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- KION AG
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- MITSUBISHI LOGISNEXT CO LTD
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- OCEANEERING INTERNATIONAL INC
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- SSI SCHAEFER GROUP
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- SWISSLOG HOLDING AG
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- TOYOTA INDUSTRIES CORPORATION
- COMPANY OVERVIEW
- PRODUCT LIST
- STRENGTHS & CHALLENGES ANALYSIS
- VISIONNAV ROBOTICS
- COMPANY OVERVIEW
- PRODUCT LIST
- BALYO
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – AUTOMATED GUIDED VEHICLE
TABLE 2: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY BATTERY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY BATTERY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY NAVIGATION TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 11: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 12: KEY PLAYERS OPERATING IN EUROPE AUTOMATED GUIDED VEHICLE MARKET
TABLE 13: LIST OF ACQUISITIONS
TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: EUROPE AUTOMATED GUIDED VEHICLE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 8: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY MANUFACTURING, 2023-2032 (IN $ MILLION)
FIGURE 9: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY WAREHOUSE & DISTRIBUTION, 2023-2032 (IN $ MILLION)
FIGURE 10: EUROPE AUTOMATED GUIDED VEHICLE MARKET, GROWTH POTENTIAL, BY BATTERY TYPE, IN 2022
FIGURE 11: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY LEAD BATTERY, 2023-2032 (IN $ MILLION)
FIGURE 12: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY LITHIUM-ION BATTERY, 2023-2032 (IN $ MILLION)
FIGURE 13: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY NICKEL-BASED BATTERY, 2023-2032 (IN $ MILLION)
FIGURE 14: EUROPE AUTOMATED GUIDED VEHICLE MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2022
FIGURE 15: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY TOW VEHICLES, 2023-2032 (IN $ MILLION)
FIGURE 16: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY UNIT LOAD CARRIERS, 2023-2032 (IN $ MILLION)
FIGURE 17: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY AUTOMATED FORKLIFT, 2023-2032 (IN $ MILLION)
FIGURE 18: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY PALLET TRUCKS, 2023-2032 (IN $ MILLION)
FIGURE 19: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY OTHER VEHICLE TYPES, 2023-2032 (IN $ MILLION)
FIGURE 20: EUROPE AUTOMATED GUIDED VEHICLE MARKET, GROWTH POTENTIAL, BY NAVIGATION TYPE, IN 2022
FIGURE 21: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY LASER GUIDANCE, 2023-2032 (IN $ MILLION)
FIGURE 22: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY MAGNETIC GUIDANCE, 2023-2032 (IN $ MILLION)
FIGURE 23: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY VISION GUIDANCE, 2023-2032 (IN $ MILLION)
FIGURE 24: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY INDUCTIVE GUIDANCE, 2023-2032 (IN $ MILLION)
FIGURE 25: EUROPE AUTOMATED GUIDED VEHICLE MARKET, BY OTHER NAVIGATION TECHNOLOGIES, 2023-2032 (IN $ MILLION)
FIGURE 26: EUROPE AUTOMATED GUIDED VEHICLE MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 27: UNITED KINGDOM AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 28: GERMANY AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 29: FRANCE AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 30: ITALY AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 31: SPAIN AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 32: POLAND AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 33: REST OF EUROPE AUTOMATED GUIDED VEHICLE MARKET, 2023-2032 (IN $ MILLION)
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