Global Towing Automated Guided Vehicle Market 2023-2030
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Global Towing Automated Guided Vehicle Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL TOWING AUTOMATED GUIDED VEHICLE MARKET

 

INTRODUCTION

An Automated Guided Vehicle (AGV) is a self-propelled, automated machine used to move materials around a facility. AGVs are computer-controlled, and can be programmed to navigate around a factory or warehouse floor, following a predetermined path to move materials from one location to another.

 

 AGVs are typically used for transporting heavy, bulky items like pallets, drums, and containers. They can also be used for towing, which is the process of attaching a trailer or other vehicle to an AGV and having it tow the load from one point to another.

 

 AGV towing is a cost-effective way to move large, heavy items, as it eliminates the need for manual labor. AGVs equipped with towing capabilities are able to navigate around obstacles and move materials with precision and accuracy. 

 

They are also able to detect and avoid obstacles, which ensures the safety of personnel and the materials being transported. Towing with an AGV is a great way to improve workflow efficiency, reduce labor costs, and minimize the risk of injury.

 

GLOBAL TOWING AUTOMATED GUIDED VEHICLE MARKET SIZE AND FORECAST

 

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The Global Towing Automated Guided Vehicle market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

RECENT DEVELOPMENT

 

Two new Jungheinrich Automated Guided Vehicle Solutions have been launched : the EKS 215a, an automated guided medium-to-high-level stacker, and the EZS 350a NA, an automated guided electric towing tractor.By effectively handling repetitive activities or reallocating resources for increased efficiency, the new Jungheinrich Automated Guided Vehicles can assist customers in addressing this labour dilemma.

 

The EKS 215a and EZS350a NA are ready to assist companies in cutting expenses and minimising damage to their facilities and goods while boosting efficiency and safety.

 

With the release of the EZS 350a NA and the EKS 215a Automated Guided Vehicle Solutions, they are pleased to present the newest innovations from Jungheinrich.

 

Utilising laser navigation, the EZS 350a NA Automated Guided Vehicle (AGV) System, Electric Towing Tractor (11,000 lb.) is built around Jungheinrich's regular towing tractor.

 

Delivery times to production or assembly lines are shortened by automated handling of repetitive transport procedures, freeing up workers' time for other activities.

 

There are two modes of operation for this model: automated and manual. Operator usage will now have more freedom when and if needed. With the use of precise navigation technology, their Jungheinrich Automated Guided Vehicles blend cutting-edge automation with tried-and-true technology to boost operator and warehouse productivity.

 

In addition to optimising resource allocation, Jungheinrich Automated Guided Vehicles may assist clients in minimising damage to their facilities and products. The "smart" technology employed by the AGVs defines and guides the vehicle's path.

 

Additionally, the path is set up to enhance internal transportation procedures, minimising potential harm and cutting down on travel time.Well-proven narrow aisle solutions can be automated and customised to meet specific needs with the help of intelligent automation components.

 

In harmony with current operations, the comprehensive vehicle safety system from Jungheinrich offers a high degree of safety.Jungheinrich AGVs can run continuously to boost each warehouse's throughput. Materials are transported consistently thanks to the accurate navigation.

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Towing Automated Guided Vehicles are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Towing Automated Guided Vehicle and key vendor selection criteria
  3. Where is the Towing Automated Guided Vehicle manufactured? What is the average margin per unit?
  4. Market share of Global Towing Automated Guided Vehicle market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Towing Automated Guided Vehicle in-house
  6. key predictions for next 5 years in Global Towing Automated Guided Vehicle market
  7. Average B-2-B Towing Automated Guided Vehicle market price in all segments
  8. Latest trends in Towing Automated Guided Vehicle market, by every market segment
  9. The market size (both volume and value) of the Towing Automated Guided Vehicle market in 2023-2030 and every year in between?
  10. Production breakup of Towing Automated Guided Vehicle market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix