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Global and China AGV (Automated Guided Vehicle) Market Report 2021-2025
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Global and China AGV (Automated Guided Vehicle) Market 2021-2025: Continuous Improvement of Technology and Application Maturity of Superimposed AGV will Benefit Demand
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Global and China Industrial Robot Speed Reducer Market Report, 2020-2026: China-Made Reducers Shared Around 30% of the Local Market, While the Remaining 70% Went to Foreign Brands
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Global and China Industrial Robot Speed Reducer Market Report, 2020-2026: China-Made Reducers Shared Around 30% of the Local Market, While the Remaining 70% Went to Foreign Brands
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Automated Guided Vehicle (AGV), a kind of industrial robot, shares the same industry chain structure with industrial robot. Robot components, as the upstream also the core of the industry chain, occupies the most majority of costs in robot products. The medium sector is robot manufacturing & system integration enterprises, and downstream sectors covers application industries such as automobiles, 3C electronics and logistics.
As a substitute for human resources, the demand for moving AGVs has become increasingly strong. In 2019, China s AGVs sold 40,670 units, up 37.4% yr-on-yr. In 2020, the new application value of AGVs (reducing human-to-human contact) was released due to COVID-19 epidemic, accelerating the development of entire AGV industry application scenarios. It is estimated the AGV sales volume hit 53,000 units in 2020, and forecasted to exceed 130,000 units by 2026.