Automated Guided Vehicle (AGV) Fleet Management Platform Market - Overview

Automated guided vehicles (AGV) are driverless material handling vehicles, which are used to move materials around warehouses or factories. Automated guided vehicles are equipped with advanced vehicle fleet management software in order to deliver maximum operational efficiency in industries. AGV fleet management platform is responsible for the management of fleet and traffic and other logistics functions. This platform helps industries to increase productivity and enhance flexibility of logistics. AGV fleet management platform has reduced human labor force in various processes, and this has significantly reduced operational costs. Moreover, AGV fleet management platform has resulted in lesser accidents on sites and ensured workforce safety. AGVs are controlled by advanced software, which is integrated in each vehicle and allows for navigation and control of the vehicle. Industries are witnessing an increasing demand for automation workflow, which drives the demand for AGV fleet management platform in order to enhance operation efficiency.

Automated Guided Vehicle (AGV) Fleet Management Platform Market – Drivers & Restraints

The global AGV fleet management platform market is witnessing rapid expansion, every industry is witnessing a demand for automated workflow in order to reduce downtime and increase operational efficiency. Furthermore, several industries such as automotive, healthcare, and retail are investing in advanced systems in order to maintain competitive advantage in the global market and improve operation efficiency and improve production process. The healthcare industry is witnessing an investment in AGV fleet management platforms in order to increase accurate & on-time delivery of medicines, foods, lines and other critical supplies and to increase reliability and flexibility. Moreover, other industries investing in AGV fleet management platforms include electronics, mining, manufacturing and e-commerce. Increasing demand for automation and material handling equipment in distribution facilities and automobile assembly centers is anticipated to boost the automated guided vehicles fleet management platform market.

Demand for AGV fleet management platform is projected to rise in the near future owing to an increase in investment and entrance of leading automobile players in the production of AGVs. Another factor driving the Automated Guided Vehicle (AGV) Fleet Management Platform Market is increasing demand for AGVs from the e-commerce sector and next generation of automotive industry. Companies operating in the automobile industry are developing advanced applications by investing in Internet of Things (IoT) and Artificial Intelligence (AI). This is expected to boost the automated guided vehicle fleet management platform market in the near future. Moreover, manufacturers are introducing vision guided vehicles and mobile robots, this creates opportunity for the automated guide vehicle fleet management platform market. Furthermore, industries across the globe are emphasizing on minimizing operational costs and increasing productivity. AGVs enable industries to adopt advanced manufacturing techniques and minimize wastes incurred in the manufacturing processes. This is expected to drive the automated guided vehicles fleet management platform market.

Automated Guided Vehicle (AGV) Fleet Management Platform Market – Segmentation

The global automated guided vehicle fleet management platform market can be segmented based on technology, application, end-user, and region. Based on technology, the global automated guided vehicle fleet management platform market can be categorized into laser guidance, magnetic guidance, natural navigation, and vision guided. In terms of end-user, the market can be classified into automotive, aerospace, healthcare, retail, manufacturing, and food & beverage. Furthermore, based on application, the market can be divided into logistics and assembly & packaging.

Based on region, the global automated guided vehicle fleet management platform market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. These geographic regions are further analyzed at the country level, wherein top countries across North America include the U.S. and Canada. Europe includes market analysis across the U.K., Germany, France, and Rest of Europe. Similarly, the automated guided vehicles fleet management platform market in Asia Pacific is studied and analyzed across India, China, Japan, Australia, and Rest of Asia Pacific. Top countries in Middle East and Africa and South America include GCC, South Africa, and Brazil.

Automated Guided Vehicle (AGV) Fleet Management Platform Market - Key Players

Major companies operating in the global automated guided vehicle fleet management platform market include Oceaneering International, Inc., BA Systemes, Dematic NV, Ssi Schaefer, Bastian Solutions, Inc., Crown Equipment Corporation, KMH Systems, Inc., Pengate Handling Systems, Toyota Industries Corporation, Konecranes, and Egemin Automation, Inc.

The report offers a comprehensive evaluation of the automated guided vehicle fleet management platform market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the automated guided vehicle fleet management platform market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Automated Guided Vehicle Fleet Management Platform Market

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