What is Automated Guided Vehicle (AGV) Fleet Management Platform?
Automated Guided Vehicle (AGV) Fleet Management Platform is in charge of fleet and traffic management, as well as other logistical operations. This platform aids companies in increasing efficiency and improving logistics flexibility. An automated guided vehicle (AGV) is a portable robot that uses radio waves, vision cameras, magnets, lasers, and other technologies to navigate along designated long lines or cables on the floor. They're most commonly employed in industrial settings to move heavy goods across a huge industrial structure, such as a factory or warehouse. Increasing focus on enhancing logistics output and the growth of the e-commerce industry has led to the growth of the automated guided vehicle fleet management platform market. Currently, North America is the leading market of AGV fleet management platform.
The market study is broken down by Type (AGV Fleet Management Software, AGV Navigation Software, AGV Mapping Software and Others) and major geographies with country level break-up.
Increasing popularity and adoption of automation in industries has led to emergence of automated guided vehicle fleet management platform. The market is also driven by surge in e-commerce growth, and the growing demand for enhanced logistics performance. The AGV systems also aid in reducing the warehouse operational costs, cutting of labour costs. North America is expected to emerge as the leading market of automated guided vehicle fleet management platform. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bastian Solutions, Inc. (United States), Crown Equipment Corporation (United States), Oceaneering International, Inc. (United States), Toyota Industries Corporation (Japan), BA Systemes SAS (France), KMH Systems Ltd. (Ireland), Pengate Handling Systems Inc. (United States), Ssi Schaefer Group (Germany), Dematic NV (Belgium) and Egemin Automation (Belgium) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Konecranes Oyj (Finland), Microlistics (Australia) and Kollmorgen (United States).
AdvanceMarketAnalytics has segmented the market of Global Automated Guided Vehicle (AGV) Fleet Management Platform market by Type, Application and Region.
On the basis of geography, the market of Automated Guided Vehicle (AGV) Fleet Management Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by , the sub-segment i.e. will boost the Automated Guided Vehicle (AGV) Fleet Management Platform market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Teradyne, Inc., a United States based automatic test equipment designer and manufacturer has announced acquisition of AutoGuide Mobile Robots, which designs, develops and manufactures heavy-duty industrial Autonomous Mobile Robots and Automated Guided Vehicles. The Teradyne’s expertise in industrial automation solutions combined with that of AutoGuide’s product portfolio, would enable the combined company to offer end to end automation solutions to industries and enterprises.
In 2021, Lödige Industries GmbH, a Germany based material handling solutions provider has announced launch of its first Automated Guided Vehicle (AGV) which will be deployed as a pilot project for Swissport’s new air cargo terminal in Frankfurt. The AGV offers a load capacity of 6,800 kg, the 10ft AGV is designed to transport a variety of ULDs including 15ft containers. The data-based control of the AGV gives users complete control over operations and allows for the integration of fully automated transport commands into a warehouse management system.
- Integration of IoT and Artificial Intelligence Technologies in AGV Solutions
- Enhanced Focus on Logistics and Fleet Control Optimization
- Growth of E-Commerce Industry
- Increasing Adoption of Automation by Industries
- Increasing Investments on Autonomous Vehicle is expected to Drive Growth of AGV Fleet Management Platform Market
- Lack of Skilled Professionals Required for Setting up and Maintenance of AGV Systems in Developing Countries
Key Target AudienceAutomated Guided Vehicle (AGV) Fleet Management Platform Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Bastian Solutions, Inc. (United States), Crown Equipment Corporation (United States), Oceaneering International, Inc. (United States), Toyota Industries Corporation (Japan), BA Systemes SAS (France), KMH Systems Ltd. (Ireland), Pengate Handling Systems Inc. (United States), Ssi Schaefer Group (Germany), Dematic NV (Belgium) and Egemin Automation (Belgium) etc.
2. Can we have customized study for Automated Guided Vehicle (AGV) Fleet Management Platform Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Automated Guided Vehicle (AGV) Fleet Management Platform Market by 2026?
Analysts at AMA estimates Automated Guided Vehicle (AGV) Fleet Management Platform Market to reach USD Million by 2026.