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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Automated guided vehicles (AGVs), also known as self-guided or autonomous guided vehicles, are material handling systems or load carriers that move about a warehouse, distribution centre, or manufacturing plant on their own without a driver or operator on board.
Laser Guided Navigation, Magnetic Navigation, Natural Feature or Free Navigation (includes SLAM Navigation with LiDAR Sensors), Magnetic Spot Navigation, Inductive Wire Navigation, Optical Navigation, and Vision Navigation are the several types of AGV navigation technologies.
AGVs are actually directed across a facility by a physical line using line following navigation methods, such as magnetic tape, inductive wire (placed in/under the floor), or painted lines. Vehicles that follow a physical line travel through a facility.
Automated guided vehicles with natural navigation are able to find their way independently by recognising and charting the terrain.
The most advanced agv navigation technique is natural navigation. There are several ways that AGVs cut labour costs in your business: By using an AGV in place of a human employee, a business avoids the continuous costs associated with hiring a new employee, such as healthcare insurance, payroll taxes, salary hikes, vacation time, etc.
AGVs typically employ 2D LiDAR sensors, which are equipped with integrated Laser Guided Vehicle position calculation and are specially built for navigation.
Celestial, GPS, and map and compass navigation are the three primary methods. It is beneficial to understand the fundamentals of all three methods in order to comprehend why we teach map and compass at High Trails.
The Global Automated guided vehicle(AGV) Navigation market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The next model in the company's S-CART series, the Automated Guided Vehicles (AGVs) with a function, will start shipping soon, according to Nidec-Shimpo Corporation.
The AGV can track a person in front of it and follow them around by pressing a button on a tablet. The AGV can switch on demand between tracking mode and the preprogrammed behaviour if it is working in an area where there is a predetermined movement pattern.
making a route that leads to and simultaneously returns to a predetermined home place. If an obstruction prevents the created path from continuing, the AGV will determine a detour and change its course.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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