AGV (Automated Guided Vehicle) & Transportation Robot Market in Japan: Key Research Findings 2020
Domestic AGV & Transportation Robot Market Continues Expansion, Yet to Be Affected by COVID-19 Pandemics
Yano Research Institute (the President, Takashi Mizukoshi) carried out a survey on the domestic AGV & transportation robot market and found out the trend by type, the trend of market players, and the future perspectives.
FY2019 showed strong economy in Japan, which led the AGV (Automated Guidance Vehicle) and transportation robot market size based on the shipment value at manufacturers to reach 18,815 million yen, 111.9% of that of the previous year. Since it cannot prevent the influence of COVID-19 pandemics, the demand currently on the rise may slow down in FY2020, but transportation robots without guiding paths or rails is expected to expand, which makes the entire market to grow, though the growth rate decelerates.
User Demand for AGVs as well as Proposals at Manufacturers Diversify
New demands for AGVs have been emerging at existing users, which include the demands derived from the existing applications or novel applications that have not yet been used in AGVs, showing the changes occurred at user companies in required functions or the ways they use.
In addition, AGV manufacturers themselves have increasingly developed new applications and proposed new functions, which is likely to widen the range of usage for AGVs
The AGV & transportation robot market size based on the shipment value at manufacturers for FY2023 is expected to slightly rise to 21,600 million yen.
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