Europe Automated Guided Vehicle Market Forecast to 2030 - Regional Analysis - by Technology, Vehicle Type, and End User

Description

List of Tables

The Europe automated guided vehicle market was valued at US$ 1,325.42 million in 2022 and is expected to reach US$ 3,245.80 million by 2030; it is estimated to grow at a CAGR of 11.8% from 2022 to 2030.

Incorporation of Industry 4.0 fuel the Europe Automated Guided Vehicle Market

Industry 4.0 is a new phase of the industrial revolution, which highly emphasizes automation, interconnectivity, real-time data, and machine learning. By combining Industry 4.0 with automation systems, traditional industrial facilities are gradually evolving into smart, connected, and highly efficient automated facilities. It forms a single automated unit that combines computers and industrial automation solutions with the help of robotics. A network of connected devices creates a smart architecture capable of making decentralized decisions. Increasing adoption of automated guided vehicles among Industry 4.0 companies is expected to improve warehouse safety, allow companies to achieve higher levels of lean manufacturing, and increase productivity and profitability while lowering long-term costs.

The overall adoption of Industry 4.0 is significantly low among companies and offers a potential opportunity for AGV players. Industry 4.0 also aims to create an operational environment wherein humans and robots can work together efficiently in warehouses. For instance, DHL Supply Chain, a contract logistics leader within Deutsche Post DHL Group, uses AGVs and robots in its warehouses for picking. The company collaborated with Robomotive, a Dutch industrial automation company, to develop a robot cell capable of depalletizing, picking, and order fulfillment functions.

Staubli Faverges SCA, a robotics and mechatronics supplying company, has been recognized for its magnificence and reliable strategies for over a century. Their robot improves productivity without reducing floor space, making it perfect for low-volume production. Thus, increasing manufacturing of automated guided vehicles incorporating Industry 4.0 is anticipated to provide remarkable growth opportunities for players operating in the market.

Europe Automated Guided Vehicle Market Overview

The Europe automated guided vehicles market is segmented into Germany, the UK, France, Italy, and Russia, and others. European industries are increasingly adopting automation technologies to improve efficiency, reduce operational costs, and enhance productivity. The adoption of AGVs in Europe has been increasing steadily over the years, as they can streamline material handling processes and optimize logistics operations. The adoption of AGVs in Europe has been increasing steadily over the years, especially in the manufacturing sector, due to their benefits in terms of increased productivity, reduced labor costs, and improved safety. They also help automate material handling processes, optimize production flows, and enhance manufacturing efficiency. Also, the presence of a huge automotive industry in economically strong countries such as the UK, Italy, and Russia and product innovations made by the players operating in the region are likely to fuel the market growth during the forecast period.

Europe Automated Guided Vehicle Market Revenue and Forecast to 2030 (US$ Million)

Europe Automated Guided Vehicle Market Segmentation

The Europe automated guided vehicle market is segmented based on technology, vehicle type, end user, and country. Based on technology, the Europe automated guided vehicle market is segmented into wired navigation, guide tape navigation, laser target navigation, magnetic navigation, and others. The laser target navigation segment held the largest market share in 2022.

Based on vehicle type, the Europe automated guided vehicle market is segmented into pallet trucks, tow vehicle, tugger trains, forklift trucks, and others. The tow vehicle segment held the largest market share in 2022.

Based on end user, the Europe automated guided vehicle market is segmented into general manufacturing, food and beverage, aerospace, retail, healthcare, logistics, automotive, and others. The logistics segment held the largest market share in 2022.

Based on country, the Europe automated guided vehicle market is segmented into Germany, the UK, Russia, Italy, France, Netherlands, Sweden, Belgium, and the Rest of Europe. Germany dominated the Europe automated guided vehicle market share in 2022.

Daifuku Co Ltd; Dematic Corp; Hyster-Yale Group Inc; John Bean Technologies Corp; Jungheinrich AG; Kion Group AG; Konecranes Plc; Murata Machinery Ltd; and Toyota Material Handling Inc are some of the leading players operating in the Europe automated guided vehicle market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe automated guided vehicle market.
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The key findings and recommendations highlight crucial progressive industry trends in the Europe automated guided vehicle market, thereby allowing players across the value chain to develop effective long-term strategies
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Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe automated guided vehicle market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: TIPRE00027765

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Europe Automated Guided Vehicles Market - By Technology
- 1.3.2 Europe Automated Guided Vehicles Market - By Vehicle Type
- 1.3.3 Europe Automated Guided Vehicles Market - By End User
- 1.3.4 Europe Automated guided vehicles Market - By Country

2. Europe Automated Guided Vehicles Market - Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Automated Guided Vehicles - Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe Automated Guided Vehicles Market- Industry Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Industrialization and Automation In Industries
- 5.1.2 Huge Growth in E-Commerce Sector
- 5.1.3 Increasing Need for Well-Managed Operations in Warehouses, Distribution, and Manufacturing Facilities
5.2 Market Restraints
- 5.2.1 High Upfront Costs
- 5.2.2 AGV Alternatives
5.3 Market Opportunities
- 5.3.1 Incorporation of Industry 4.0
- 5.3.2 Substantial Growth of Industries
5.4 Future Trends
- 5.4.1 Technological Advancements in AGVs
5.5 Impact analysis

6. Automated Guided Vehicles Market - Europe Analysis

6.1 Europe Automated Guided Vehicles Market Overview
6.2 Europe Automated Guided Vehicles Market - Revenue and Forecast to 2030 (US$ Million)

7. Europe Automated Guided Vehicles Market Analysis and Forecast to 2030 - Technology

7.1 Overview
7.2 Automated Guided Vehicles Market, by Technology, 2022 & 2030 (% Share)
7.3 Laser Target Navigation
- 7.3.1 Overview
- 7.3.2 Laser Target Navigation: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
7.4 Magnetic Navigation
- 7.4.1 Overview
- 7.4.2 Magnetic Navigation: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
7.5 Wired Navigation
- 7.5.1 Overview
- 7.5.2 Wired Navigation: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
7.6 Guide Tape Navigation
- 7.6.1 Overview
- 7.6.2 Guide Tape Navigation: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)

8. Europe Automated Guided Vehicles Market Analysis and Forecast to 2030 - Vehicle Type

8.1 Overview
8.2 Automated Guided Vehicles Market, by Vehicle Type, 2022 & 2030 (% Share)
8.3 Tow Vehicle
- 8.3.1 Overview
- 8.3.2 Tow Vehicle: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
8.4 Pallet Trucks
- 8.4.1 Overview
- 8.4.2 Pallet Trucks: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
8.5 Tugger Trains
- 8.5.1 Overview
- 8.5.2 Tugger Trains: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
8.6 Forklift Trucks
- 8.6.1 Overview
- 8.6.2 Forklift Trucks: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)

9. Europe Automated Guided Vehicles Market Analysis and Forecast to 2030 - End User

9.1 Overview
9.2 Automated Guided Vehicles Market, by End User, 2022 & 2030 (% Share)
9.3 Logistics
- 9.3.1 Overview
- 9.3.2 Logistics: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.4 Automotive
- 9.4.1 Overview
- 9.4.2 Automotive: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.5 General Manufacturing
- 9.5.1 Overview
- 9.5.2 General Manufacturing: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.6 Healthcare
- 9.6.1 Overview
- 9.6.2 Healthcare: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.7 Retail
- 9.7.1 Overview
- 9.7.2 Retail: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.8 Food and Beverage
- 9.8.1 Overview
- 9.8.2 Food and Beverage: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.9 Aerospace
- 9.9.1 Overview
- 9.9.2 Aerospace: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)
9.10 Others
- 9.10.1 Overview
- 9.10.2 Others: Automated Guided Vehicles (AGV) Market Revenue and Forecast to 2030 (US$ Mn)

10. Europe Automated Guided Vehicles Market Revenue and Forecast to 2030 - Country Analysis

10.1 Europe: Automated Guided Vehicles (AGV) Market
- 10.1.1 Overview
- 10.1.2 Europe Automated Guided Vehicles (AGV) Market, by Country
  - 10.1.2.1 Germany
  - 10.1.2.2 Germany Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.2.1 Germany Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.2.2 Germany Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.2.3 Germany Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.2.4 Germany Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.3 UK
    - 10.1.2.3.1 UK Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.3.2 UK Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.3.3 UK Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.3.4 UK Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.3.5 UK Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.4 France
  - 10.1.2.5 France Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.5.1 France Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.5.2 France Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.5.3 France Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.5.4 France Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.6 Italy
  - 10.1.2.7 Italy Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.7.1 Italy Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.7.2 Italy Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.7.3 Italy Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.7.4 Italy Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.8 Russia
  - 10.1.2.9 Russia Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.9.1 Russia Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.9.2 Russia Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.9.3 Russia Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.9.4 Russia Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.10 Netherlands
  - 10.1.2.11 Netherlands Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.11.1 Netherlands Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.11.2 Netherlands Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.11.3 Netherlands Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.11.4 Netherlands Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.12 Sweden
  - 10.1.2.13 Sweden Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.13.1 Sweden Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.13.2 Sweden Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.13.3 Sweden Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.13.4 Sweden Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.14 Belgium
  - 10.1.2.15 Belgium Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.15.1 Belgium Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.15.2 Belgium Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.15.3 Belgium Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.15.4 Belgium Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)
  - 10.1.2.16 Rest of Europe
  - 10.1.2.17 Rest of Europe Automated Guided Vehicles Market, Revenue and Forecast To 2030 (US$ Mn)
    - 10.1.2.17.1 Rest of Europe Automated Guided Vehicles (AGV) Market, by Technology - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.17.2 Rest of Europe Automated Guided Vehicles (AGV) Market, by Vehicle Type - Revenue and Forecast to 2030 (USD Million)
    - 10.1.2.17.3 Rest of Europe Automated Guided Vehicles (AGV) Market, by Vehicle Type - Market Volume and Forecast to 2030 (Units)
    - 10.1.2.17.4 Rest of Europe Automated Guided Vehicles (AGV) Market, by End-User - Revenue and Forecast to 2030 (USD Million)

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition

12. Company Profiles

12.1 Dematic Corp
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Kion Group AG
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Jungheinrich AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Toyota Material Handling Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Konecranes Plc
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 John Bean Technologies Corp
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Daifuku Co Ltd
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Hyster-Yale Group Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Murata Machinery Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Glossary of Terms