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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Automated Guided Vehicle(AGV) are frequently used to transport raw materials like metal, rubber, plastic, or paper. AGVs, for instance, can deliver materials directly to production lines or transport raw materials from receiving to the warehouse.
Material handling systems or load carriers that travel autonomously throughout a warehouse, distribution centre, or manufacturing facility without an onboard operator or driver are referred to as automated guided vehicles (AGVs).
For repetitively moving large volumes of material, tasks typically handled by forklifts, conveyor systems, or manual carts are carried out by automated guided vehicle systems.Without the need for human intervention, AGVs consistently and reliably deliver the necessary raw materials, ensuring that production lines always have the materials they require.
AGVs are utilised in work-in-process applications and with finished goods to support production or manufacturing lines in addition to transporting raw materials.
AGVs move materials or parts from the warehouse to production lines or from one workstation to another in work-in-process applications, allowing for repetitive and effective material movement throughout the manufacturing process.
When materials run out in processing lines without AGVs, manufacturing processes may stop. After that, production is delayed while a human worker moves the necessary materials to the production line and retrieves them from storage.
AGVs are likewise utilised in inbound and outbound taking care of for renewal and for picking. AGVs, for instance, can be utilised to transport stock from receiving to storage or from long-term storage to forward picking locations for stock replenishment.
Moving inventory from long-term storage to forward picking locations ensures that pickers have access to sufficient stock, speeding up order picking. By directing warehouse workers through tasks and transporting picked orders to packaging and shipping workstations, AGVs like collaborative mobile robots aid in the picking process.
TheMexico Automated Guided Vehicle Marketaccounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
HRG has introduced what it refers to as an "automated guided vehicle," its technology appears to be comparable to that of autonomous mobile robots, albeit in slightly different ways. AGVs are made of older technology and can only move around a facility by following magnetic strips that are usually fixed to the floor.
The HRG, its AGV incorporates "simultaneous localization and mapping," or SLAM, the autonomous navigation technology for AMRs.
Through laser radar, the HRG Light-load indoor laser navigation AGV can create a two-dimensional map of the facility and independently navigate around it. At the South China International Intelligent Manufacturing, Advanced Electronics, and Laser technology Expo, or LEAP Expo, HRG displayed its AGV.
The HRG range includes two AGVs, one of which can carry loads of up to 300 kilograms and the other of 200 kilograms.
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFMEXICO AUTOMATED GUIDED VEHICLE MARKET
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 |