Global Tugger Automated Guided Vehicle Market Overview

Global Tugger Automated Guided Vehicle Market was valued at USD 537.50 Million in 2021 and is expected to reach USD 891.74 Million by the year 2028, at a CAGR of 7.5%

Automated Guided Vehicles or Automatic Guided Vehicles (AGVs) are computer-controlled, and driverless vehicles utilized for transporting products or material loads from one place to another. Tugger AGVs are programmed to move material loads between manufacturing and warehouse facilities without human intervention and if there is frequent human intervention they can be designed for manual control. Tugger AGVs can have guidance technologies such as floor-surface mounted magnetic tape or bars, lasers, radio waves, and optical sensors or vision cameras for navigation. A combination of CAD-based software and sensor-based guidance systems are utilized to control the movement of an autonomous tugger. Software embedded in the automated tugger vehicles determines pre-defined paths and directs the autonomous vehicle to pick-up/drop-off location. Depending on the operating conditions, the route of the automated tugger is determined on a real-time feedback mechanism. The precisely controlled movements of tugger AGVs, such as acceleration, deceleration, and automatic obstacle detection bumpers, ensure safe movement of material loads thus, stimulating the development of tugger automated guided vehicle market over the forecast period.

Tugger Automated Guided Vehicle Market

Market Dynamics And Key Factors In Tugger Automated Guided Vehicle Market

Drivers:

Advantages of tugger AGV include round-the-clock transit of materials, shipping and delivery of products that can aid in route optimization and improvements, and traceability that enables the user to keep a record of the material movement around the facility. Moreover, the information generated by tugger AGV can be integrated into materials resource planning (MRP) or enterprise resource planning (ERP) systems. Tugger AGV comes in several models and depending on the industry need can be designed for load carrying capacity and automatic transportation for outdoor environments. Tugger AGVs reduced the labor cost by eliminating the need for man force for transportation of materials. 

Moreover, as automated tuggers don't have a driver, they can operate day and night. Automated tugger follows a programmed pre-determined path, and the movement of the automated tugger is controlled from the beginning to the end of the process. As tuggers are programmed, it is possible to better control shipments, and the transported products can be traced in real-time. Automated tuggers are equipped with safety devices that prevent them from running into operators on their path. Usage of tugger trains in manufacturing plants enables the loading and unloading of different goods at the same time, ensuring goods can be supplied and disposed of as required. Tugger AGV increases safety in warehouse traffic and promotes optimum usage of the industrial space to increase production, thus strengthening the expansion of tugger AGV market during the projected period.

Restraints:

Though tugger AGVs reduce labor costs and increase productivity, but it comes at a high initial investment cost. This initial investment can be burdensome for smaller organizations that may not have access to sufficient capital to incorporate tugger AGV. Additionally, tugger AGV needs to undergo routine maintenance and occasional repair. Automated tugger can be an expensive choice for works that are non-repetitive as they are designed for repetitive work thus, hampering the growth of the tugger AGV market over the analysis period.

Opportunities:

Smart manufacturing is the new revolution that will mark the next generation of production. Some of the disruptive factory trends such as self-aware, self-optimized, and self-configured equipment with the ability to wirelessly communicate with each other are the vital factors fueling the demand for AGVs. Additionally, advanced networking, real-time controls, closer alignment of business management and plant floor activities and supply chains, and additive manufacturing advantages are among others. Among these, "automation" is the most vital component supporting the smart factory concept. Automation provides the foundation for the creation of knowledge-embedded manufacturing operations.

Moreover, several industry verticals around the globe are employing AGVs to increase productivity. The advancement in technology and the development of LIDAR sensors will transform the functioning of tugger AGVs. LIDAR sensors transmit pulses that measure the distance of the object detected and guide the movement of the vehicle. The camera vision systems allow information to be captured in real-time which aids AGV, to see the obstacles and infrastructure of the installation. This information generated can be combined with the data provided by LIDAR sensors to create a dynamic and complete 3D image of the operational area. Thus, research and development activities to develop more advanced navigation systems are creating a profitable opportunity for the market players, as the demand for AGVs soars in the upcoming years.

Market Segmentation

Segmentation Analysis of Tugger Automated Guided Vehicle Market:

Depending on navigation technology, the LIDAR, a segment is forecasted to dominate the tugger AGV market. The usage of LIDAR technology in tugger AGV offers incredibly accurate, consistent results. The short wavelength emitted by LIDAR sensors can detect small objects and create exact 3D models, thus it can determine the nature of the object. LIADR sensors emit pulses and receive them back in nanoseconds and can therebby, detect any sudden obstacle in the route and guide the tugger in real-time. Instead of creating robots for warehouse management, LIDAR technology can help the tugger adapt according to the warehouse arrangement thus, promoting the growth of this segment over the analysis period.

Depending on the hitch, the fully automatic segment is anticipated to lead the tugger AGV market in the projected period. An automatic hitch allows the separation of carts or trolleys carrying the products or goods at predetermined locations. These automatic hitch-equipped tuggers are mostly utilized in manufacturing and distribution environments. Automatic hitch eliminates the human intervention for the separation and joining of carts thus, reducing the labor cost. The growing industrial automation is stimulating the adoption of tugger AGVs having automatic hitch.  

Depending on the application, the transportation segment is expected to lead the tugger AGV market during the analysis period. Transportation of finished goods to the shipment facility in the warehouse is an important task. Tugger AGVs transfer goods or products from one location to other without any human intervention. With a programmed route and with the assistance of guiding technologies, tugger AGV can pick up and unload materials or products without breaks, slip-ups, or miscalculations. Moreover, they can also transfer other materials in the warehouse from one utility to another.

Depending on end-users, the food & beverage segment is predicted to have the highest share of the tugger AGV market. Tugger AGV in the food & beverage industry can help in storing raw materials in warehouse locations, deliver raw materials to the production lines, and can load, unload finished goods at pre-determined locations. There are about 36,486 food and beverage processing establishments (plants) in the United States alone. With the upsurge in population, the number of food and beverage plants is also expected to increase thus, the demand for customized tugger AGVs for the food industry is going to exponentially rise over the analysis period.

Regional Analysis of Tugger Automated Guided Vehicle Market:

The European region is forecasted to have the highest share of the tugger automated guided vehicle market. The concept of smart factory and Industry 4.0, has promoted the automation of industries in this region to increase production efficiency. Industry 4.0 and smart factories are the key factors that have spurred investments in automated guided vehicles in this region. Food and beverage industries are highly regulated for maintaining hygiene and safety, thus the demand for AGVs in this sector has been significantly increased. Europe is home to one of the most abundant food and beverage industries in the world and has more than 286,000 food and beverage companies operating in the region, food and beverage industries are among the fastest-growing end-users in the European region, thus helping the growth of the tugger AGV market.

The North American region is anticipated to have the second-highest share of the tugger AGV market over the forecast period, attributed to the presence of prominent service providers in this region. Tech giant Amazon has more than 45,000 AGVs for warehouse management. Similarly, many small and mid-sized businesses in this region are moving towards AGVs to increase productivity. Furthermore, tugger AGVs can also be employed for the logistics processes of pharmaceutical manufacturers and for the automotive industry thus, supporting the growth of the tugger AGV market in this region.

The tugger AGV market in the Asia-Pacific region is anticipated to develop at the highest CAGR during the forecast period. Countries such as India, China, and Japan are the major contributors to the development of the tugger AGV market in this region. The industrial evolution 4.0 and the rapid adoption of automation by different industry verticals in this region have increased the demand for automated tuggers and other vehicles. Pharmaceutical and automotive industries in this region are adopting automated tugger to reduce the human error involved during the storage and transportation of finished goods. For instance, the Department of Heavy Industries (DHI), Government of India, has implemented Samarth Udyog Bharat 4.0 initiative, to promote the adoption of best practices of Industry 4.0 for the capital goods industry.

Players Covered in Tugger Automated Guided Vehicle Market are:

  • Daifuku (Japan)
  • Dematic (US)
  • Egemin Automation (US)
  • JBT (US)
  • Meidensha (Japan)
  • Corecon (US)
  • Seegrid (US)
  • Aethon (US)
  • Doerfer (US)
  • Savant Automation (US)
  • Bastian Solutions (US)
  • Murata (Japan)
  • Scott (Switzerland)
  • Wolter Group LLC (US) and others major players.

COVID-19 Impact on Tugger Automated Guided Vehicle Market

The rapid spread of the SARS CoV-2 virus adversely affected the manufacturing process of several industry verticals. The restriction on the number of workforces led to limited production of goods. In addition, the restriction on transportation created a huge demand and supply gap for various goods. The unprecedented outbreak of COVID-19 didn't give the industries and companies time, to plan and restrict losses. COVID-19 has severely affected all the industry verticals worldwide, including the automotive industry that was already coping with a decline in global demand. The restrictions on the number of workers in different industries can be overcome by employing AGVs in factories. In labor-intensive industries where the chances of the spread of the SARS CoV-2 virus is high, AGVs can be employed to decrease the possibilities of the transmission of the virus, while increasing the operational efficiencies at a workplace. The impact of the coronavirus pandemic is anticipated to eventually overturn by ongoing trends like the increased adoption of e-commerce and the desire to reduce dependency on human labor, among others. To summarize, the demand for AGV in the post-pandemic period is anticipated to bounce back and grow considerably in the long term.

Recent Industry Developments In Tugger Automated Guided Vehicle Market

  • In October 2021, GEODIS, a leader in transport and logistics providers, collaborated with Bastian Solutions to install an AutoStore system at a new fulfillment center for a major clothing retailer. The $48 million material handling equipment acquisition will support the retailer's omnichannel capabilities, including e-Commerce and its more than 1,000 shops across the United States, by delivering the greatest reported throughput of an AutoStore system globally.
  • In October 2021, Swisslog, the world's leading provider of robotic, data-driven, and flexible automated solutions was awarded the Best Warehousing Facility/Firm of the year for automating the fulfillment process for one of its local clients RoboStores. The warehouse, which is strategically positioned in Al Quoz, Dubai's heartland, installed an automated storage and retrieval system for small components using the Swisslog SynQ Software and the AutoStore from Swisslog.

Global Tugger Automated Guided Vehicle Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 537.50 Mn.

Forecast Period 2022-28 CAGR:

7.5%

Market Size in 2028:

USD 891.74 Mn.

Segments Covered:

By Type

  • Lidar Sensors
  • Wire Guidance
  • Visual Guiding
  • Geoguiding

By Hitch

  • Fully Automatic
  • Un-Hitch Mechanism

By Application

  • Transportation
  • Distribution
  • Storage
  • Other

By  End- User  

  • Automotive
  • Food & Beverages
  • Logistics
  • Retail
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Increasing Demand for Automated Tuggers

Key Market Restraints:

  • High Initial Investment Cost

Key Opportunities:

  • Adoption of AGVs in Several Industry Verticals to Increase Productivity

Companies Covered in the report:

  • Daifuku (Japan), Dematic (US), Egemin Automation (US), JBT (US), Meidensha (Japan), orecon (US), and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Hitch
 3.3 By Application
 3.4 By End-User

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Tugger Automated Guided Vehicle Market by Type
 5.1 Tugger Automated Guided Vehicle Market Overview Snapshot and Growth Engine
 5.2 Tugger Automated Guided Vehicle Market Overview
 5.3 Lidar Sensors
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Lidar Sensors: Grographic Segmentation
 5.4 Wire Guidance
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Wire Guidance: Grographic Segmentation
 5.5 Visual Guiding
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Visual Guiding: Grographic Segmentation
 5.6 Geoguiding
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Geoguiding: Grographic Segmentation

Chapter 6: Tugger Automated Guided Vehicle Market by Hitch
 6.1 Tugger Automated Guided Vehicle Market Overview Snapshot and Growth Engine
 6.2 Tugger Automated Guided Vehicle Market Overview
 6.3 Fully Automatic
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Fully Automatic: Grographic Segmentation
 6.4 Un-Hitch Mechanism
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Un-Hitch Mechanism: Grographic Segmentation

Chapter 7: Tugger Automated Guided Vehicle Market by Application
 7.1 Tugger Automated Guided Vehicle Market Overview Snapshot and Growth Engine
 7.2 Tugger Automated Guided Vehicle Market Overview
 7.3 Transportation
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Transportation: Grographic Segmentation
 7.4 Distribution
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Distribution: Grographic Segmentation
 7.5 Storage
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Storage: Grographic Segmentation
 7.6 Other
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2016-2028F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Other: Grographic Segmentation

Chapter 8: Tugger Automated Guided Vehicle Market by End-User
 8.1 Tugger Automated Guided Vehicle Market Overview Snapshot and Growth Engine
 8.2 Tugger Automated Guided Vehicle Market Overview
 8.3 Automotive
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Automotive: Grographic Segmentation
 8.4 Food & Beverages
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Food & Beverages: Grographic Segmentation
 8.5 Logistics
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Logistics: Grographic Segmentation
 8.6 Retail
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2016-2028F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Retail: Grographic Segmentation
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size (2016-2028F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Grographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 Tugger Automated Guided Vehicle Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Ansoff Matrix
  9.1.5 Tugger Automated Guided Vehicle Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 Tugger Automated Guided Vehicle Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 DAIFUKU
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 DEMATIC
 9.4 EGEMIN AUTOMATION
 9.5 JBT
 9.6 MEIDENSHA
 9.7 CORECON
 9.8 SEEGRID
 9.9 AETHON
 9.10 DOERFER
 9.11 SAVANT AUTOMATION
 9.12 BASTIAN SOLUTIONS
 9.13 MURATA
 9.14 SCOTT
 9.15 WOLTER GROUP LLC
 9.16 OTHER MAJOR PLAYERS

Chapter 10: Global Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Lidar Sensors
  10.2.2 Wire Guidance
  10.2.3 Visual Guiding
  10.2.4 Geoguiding
 10.3 Historic and Forecasted Market Size By Hitch
  10.3.1 Fully Automatic
  10.3.2 Un-Hitch Mechanism
 10.4 Historic and Forecasted Market Size By Application
  10.4.1 Transportation
  10.4.2 Distribution
  10.4.3 Storage
  10.4.4 Other
 10.5 Historic and Forecasted Market Size By End-User
  10.5.1 Automotive
  10.5.2 Food & Beverages
  10.5.3 Logistics
  10.5.4 Retail
  10.5.5 Others

Chapter 11: North America Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Lidar Sensors
  11.4.2 Wire Guidance
  11.4.3 Visual Guiding
  11.4.4 Geoguiding
 11.5 Historic and Forecasted Market Size By Hitch
  11.5.1 Fully Automatic
  11.5.2 Un-Hitch Mechanism
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Transportation
  11.6.2 Distribution
  11.6.3 Storage
  11.6.4 Other
 11.7 Historic and Forecasted Market Size By End-User
  11.7.1 Automotive
  11.7.2 Food & Beverages
  11.7.3 Logistics
  11.7.4 Retail
  11.7.5 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Lidar Sensors
  12.4.2 Wire Guidance
  12.4.3 Visual Guiding
  12.4.4 Geoguiding
 12.5 Historic and Forecasted Market Size By Hitch
  12.5.1 Fully Automatic
  12.5.2 Un-Hitch Mechanism
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Transportation
  12.6.2 Distribution
  12.6.3 Storage
  12.6.4 Other
 12.7 Historic and Forecasted Market Size By End-User
  12.7.1 Automotive
  12.7.2 Food & Beverages
  12.7.3 Logistics
  12.7.4 Retail
  12.7.5 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Lidar Sensors
  13.4.2 Wire Guidance
  13.4.3 Visual Guiding
  13.4.4 Geoguiding
 13.5 Historic and Forecasted Market Size By Hitch
  13.5.1 Fully Automatic
  13.5.2 Un-Hitch Mechanism
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Transportation
  13.6.2 Distribution
  13.6.3 Storage
  13.6.4 Other
 13.7 Historic and Forecasted Market Size By End-User
  13.7.1 Automotive
  13.7.2 Food & Beverages
  13.7.3 Logistics
  13.7.4 Retail
  13.7.5 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Lidar Sensors
  14.4.2 Wire Guidance
  14.4.3 Visual Guiding
  14.4.4 Geoguiding
 14.5 Historic and Forecasted Market Size By Hitch
  14.5.1 Fully Automatic
  14.5.2 Un-Hitch Mechanism
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Transportation
  14.6.2 Distribution
  14.6.3 Storage
  14.6.4 Other
 14.7 Historic and Forecasted Market Size By End-User
  14.7.1 Automotive
  14.7.2 Food & Beverages
  14.7.3 Logistics
  14.7.4 Retail
  14.7.5 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America Tugger Automated Guided Vehicle Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Lidar Sensors
  15.4.2 Wire Guidance
  15.4.3 Visual Guiding
  15.4.4 Geoguiding
 15.5 Historic and Forecasted Market Size By Hitch
  15.5.1 Fully Automatic
  15.5.2 Un-Hitch Mechanism
 15.6 Historic and Forecasted Market Size By Application
  15.6.1 Transportation
  15.6.2 Distribution
  15.6.3 Storage
  15.6.4 Other
 15.7 Historic and Forecasted Market Size By End-User
  15.7.1 Automotive
  15.7.2 Food & Beverages
  15.7.3 Logistics
  15.7.4 Retail
  15.7.5 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion

Global Tugger Automated Guided Vehicle Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 537.50 Mn.

Forecast Period 2022-28 CAGR:

7.5%

Market Size in 2028:

USD 891.74 Mn.

Segments Covered:

By Type

  • Lidar Sensors
  • Wire Guidance
  • Visual Guiding
  • Geoguiding

By Hitch

  • Fully Automatic
  • Un-Hitch Mechanism

By Application

  • Transportation
  • Distribution
  • Storage
  • Other

By  End- User  

  • Automotive
  • Food & Beverages
  • Logistics
  • Retail
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Increasing Demand for Automated Tuggers

Key Market Restraints:

  • High Initial Investment Cost

Key Opportunities:

  • Adoption of AGVs in Several Industry Verticals to Increase Productivity

Companies Covered in the report:

  • Daifuku (Japan), Dematic (US), Egemin Automation (US), JBT (US), Meidensha (Japan), orecon (US), and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TUGGER AUTOMATED GUIDED VEHICLE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TUGGER AUTOMATED GUIDED VEHICLE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TUGGER AUTOMATED GUIDED VEHICLE MARKET COMPETITIVE RIVALRY
TABLE 005. TUGGER AUTOMATED GUIDED VEHICLE MARKET THREAT OF NEW ENTRANTS
TABLE 006. TUGGER AUTOMATED GUIDED VEHICLE MARKET THREAT OF SUBSTITUTES
TABLE 007. TUGGER AUTOMATED GUIDED VEHICLE MARKET BY TYPE
TABLE 008. LIDAR SENSORS MARKET OVERVIEW (2016-2028)
TABLE 009. WIRE GUIDANCE MARKET OVERVIEW (2016-2028)
TABLE 010. VISUAL GUIDING MARKET OVERVIEW (2016-2028)
TABLE 011. GEOGUIDING MARKET OVERVIEW (2016-2028)
TABLE 012. TUGGER AUTOMATED GUIDED VEHICLE MARKET BY HITCH
TABLE 013. FULLY AUTOMATIC MARKET OVERVIEW (2016-2028)
TABLE 014. UN-HITCH MECHANISM MARKET OVERVIEW (2016-2028)
TABLE 015. TUGGER AUTOMATED GUIDED VEHICLE MARKET BY APPLICATION
TABLE 016. TRANSPORTATION MARKET OVERVIEW (2016-2028)
TABLE 017. DISTRIBUTION MARKET OVERVIEW (2016-2028)
TABLE 018. STORAGE MARKET OVERVIEW (2016-2028)
TABLE 019. OTHER MARKET OVERVIEW (2016-2028)
TABLE 020. TUGGER AUTOMATED GUIDED VEHICLE MARKET BY END-USER
TABLE 021. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 022. FOOD & BEVERAGES MARKET OVERVIEW (2016-2028)
TABLE 023. LOGISTICS MARKET OVERVIEW (2016-2028)
TABLE 024. RETAIL MARKET OVERVIEW (2016-2028)
TABLE 025. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 026. NORTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 027. NORTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY HITCH (2016-2028)
TABLE 028. NORTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 029. NORTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY END-USER (2016-2028)
TABLE 030. N TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 031. EUROPE TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 032. EUROPE TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY HITCH (2016-2028)
TABLE 033. EUROPE TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 034. EUROPE TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY END-USER (2016-2028)
TABLE 035. TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 036. ASIA PACIFIC TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 037. ASIA PACIFIC TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY HITCH (2016-2028)
TABLE 038. ASIA PACIFIC TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 039. ASIA PACIFIC TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY END-USER (2016-2028)
TABLE 040. TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY HITCH (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY END-USER (2016-2028)
TABLE 045. TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 046. SOUTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 047. SOUTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY HITCH (2016-2028)
TABLE 048. SOUTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 049. SOUTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY END-USER (2016-2028)
TABLE 050. TUGGER AUTOMATED GUIDED VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 051. DAIFUKU: SNAPSHOT
TABLE 052. DAIFUKU: BUSINESS PERFORMANCE
TABLE 053. DAIFUKU: PRODUCT PORTFOLIO
TABLE 054. DAIFUKU: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. DEMATIC: SNAPSHOT
TABLE 055. DEMATIC: BUSINESS PERFORMANCE
TABLE 056. DEMATIC: PRODUCT PORTFOLIO
TABLE 057. DEMATIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. EGEMIN AUTOMATION: SNAPSHOT
TABLE 058. EGEMIN AUTOMATION: BUSINESS PERFORMANCE
TABLE 059. EGEMIN AUTOMATION: PRODUCT PORTFOLIO
TABLE 060. EGEMIN AUTOMATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. JBT: SNAPSHOT
TABLE 061. JBT: BUSINESS PERFORMANCE
TABLE 062. JBT: PRODUCT PORTFOLIO
TABLE 063. JBT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. MEIDENSHA: SNAPSHOT
TABLE 064. MEIDENSHA: BUSINESS PERFORMANCE
TABLE 065. MEIDENSHA: PRODUCT PORTFOLIO
TABLE 066. MEIDENSHA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. CORECON: SNAPSHOT
TABLE 067. CORECON: BUSINESS PERFORMANCE
TABLE 068. CORECON: PRODUCT PORTFOLIO
TABLE 069. CORECON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. SEEGRID: SNAPSHOT
TABLE 070. SEEGRID: BUSINESS PERFORMANCE
TABLE 071. SEEGRID: PRODUCT PORTFOLIO
TABLE 072. SEEGRID: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. AETHON: SNAPSHOT
TABLE 073. AETHON: BUSINESS PERFORMANCE
TABLE 074. AETHON: PRODUCT PORTFOLIO
TABLE 075. AETHON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. DOERFER: SNAPSHOT
TABLE 076. DOERFER: BUSINESS PERFORMANCE
TABLE 077. DOERFER: PRODUCT PORTFOLIO
TABLE 078. DOERFER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. SAVANT AUTOMATION: SNAPSHOT
TABLE 079. SAVANT AUTOMATION: BUSINESS PERFORMANCE
TABLE 080. SAVANT AUTOMATION: PRODUCT PORTFOLIO
TABLE 081. SAVANT AUTOMATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. BASTIAN SOLUTIONS: SNAPSHOT
TABLE 082. BASTIAN SOLUTIONS: BUSINESS PERFORMANCE
TABLE 083. BASTIAN SOLUTIONS: PRODUCT PORTFOLIO
TABLE 084. BASTIAN SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. MURATA: SNAPSHOT
TABLE 085. MURATA: BUSINESS PERFORMANCE
TABLE 086. MURATA: PRODUCT PORTFOLIO
TABLE 087. MURATA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. SCOTT: SNAPSHOT
TABLE 088. SCOTT: BUSINESS PERFORMANCE
TABLE 089. SCOTT: PRODUCT PORTFOLIO
TABLE 090. SCOTT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. WOLTER GROUP LLC: SNAPSHOT
TABLE 091. WOLTER GROUP LLC: BUSINESS PERFORMANCE
TABLE 092. WOLTER GROUP LLC: PRODUCT PORTFOLIO
TABLE 093. WOLTER GROUP LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 093. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 094. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 095. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 096. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY TYPE
FIGURE 012. LIDAR SENSORS MARKET OVERVIEW (2016-2028)
FIGURE 013. WIRE GUIDANCE MARKET OVERVIEW (2016-2028)
FIGURE 014. VISUAL GUIDING MARKET OVERVIEW (2016-2028)
FIGURE 015. GEOGUIDING MARKET OVERVIEW (2016-2028)
FIGURE 016. TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY HITCH
FIGURE 017. FULLY AUTOMATIC MARKET OVERVIEW (2016-2028)
FIGURE 018. UN-HITCH MECHANISM MARKET OVERVIEW (2016-2028)
FIGURE 019. TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY APPLICATION
FIGURE 020. TRANSPORTATION MARKET OVERVIEW (2016-2028)
FIGURE 021. DISTRIBUTION MARKET OVERVIEW (2016-2028)
FIGURE 022. STORAGE MARKET OVERVIEW (2016-2028)
FIGURE 023. OTHER MARKET OVERVIEW (2016-2028)
FIGURE 024. TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY END-USER
FIGURE 025. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 026. FOOD & BEVERAGES MARKET OVERVIEW (2016-2028)
FIGURE 027. LOGISTICS MARKET OVERVIEW (2016-2028)
FIGURE 028. RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 029. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 030. NORTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. EUROPE TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. ASIA PACIFIC TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. MIDDLE EAST & AFRICA TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. SOUTH AMERICA TUGGER AUTOMATED GUIDED VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Tugger Automated Guided Vehicle Market research report?

The forecast period in the Tugger Automated Guided Vehicle Market research report is 2022-2028.

Who are the key players in Tugger Automated Guided Vehicle Market?

Daifuku (Japan), Dematic (US), Egemin Automation (US), JBT (US), Meidensha (Japan), orecon (US), Seegrid (US), Aethon (US), Doerfer (US), Savant Automation (US), Bastian Solutions (US), Murata (Japan), Scott (Switzerland), Wolter Group LLC (US), and Other Major Players.

What are the segments of Tugger Automated Guided Vehicle Market?

Tugger Automated Guided Vehicle Market is segmented into Type, Hitch, Application, End- User and region. By Type, the market is categorized into Lidar Sensors, Wire Guidance, Visual Guiding, and Geoguiding. By Hitch, the market is categorized into Fully Automatic, Un-Hitch Mechanism. By Application the market is categorized into Transportation, Distribution, Storage, Other. By End- User, the market is categorized into Automotive, Food & Beverages, Logistics, Retail, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Tugger Automated Guided Vehicle Market?

Automated Guided Vehicles or Automatic Guided Vehicles (AGVs) are computer-controlled, and driverless vehicles utilized for transporting products or material loads from one place to another.

How big is Tugger Automated Guided Vehicle Market?

Global Tugger Automated Guided Vehicle Market was valued at USD 537.50 Million in 2021 and is expected to reach USD 891.74 Million by the year 2028, at a CAGR of 7.5%.