Product Code: ETC257365 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Automated Guided Vehicle Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.32% in 2025, growth builds up to 12.26% by 2029.
In the Asia region, the Automated Guided Vehicle market in Thailand is projected to expand at a stable growth rate of 4.84% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The automated guided vehicle (AGV) market in Thailand is experiencing rapid growth as industries embrace automation to enhance efficiency and reduce labor costs. AGVs are used in manufacturing, logistics, and warehousing to transport goods autonomously. The Thai manufacturing sector, in particular, is adopting AGVs to optimize production processes and increase competitiveness. The market is dynamic, with AGV manufacturers continually innovating to offer advanced solutions.
The Thailand Automated Guided Vehicle (AGV) Market is thriving due to the automation trends across industries such as manufacturing, logistics, and healthcare. The need for efficient material handling, reduced labor costs, and improved safety in warehouses and production facilities is pushing the adoption of AGVs. Advancements in technology, including AI and machine learning, are further driving the market as AGVs become more versatile and capable of handling complex tasks.
The Automated Guided Vehicle (AGV) Market in Thailand faces challenges related to the adoption of automation technology in various industries. While there is growing interest in AGVs for logistics and manufacturing, high initial costs and integration challenges can deter some businesses. AGV manufacturers must also contend with customization demands from different industries, requiring flexible and adaptable product offerings. Additionally, competition from international AGV manufacturers presents a challenge for local companies.
The Thailand Automated Guided Vehicle (AGV) market witnessed notable changes in response to the COVID-19 pandemic. AGVs are commonly used in industries such as manufacturing, warehousing, and logistics, where automation and efficiency are paramount. During the pandemic, there was a heightened focus on minimizing human contact and maintaining social distancing, which led to increased interest in AGVs for material handling and transportation tasks. Companies in Thailand sought to enhance their supply chain resilience by investing in AGV technology to reduce the reliance on manual labor. Additionally, AGVs proved valuable in the healthcare sector for transporting medical supplies and equipment within hospitals. However, the implementation of AGV systems also faced challenges due to disruptions in the global supply chain and a shortage of key components. The market adapted by diversifying sourcing strategies and exploring local manufacturing options. In summary, the Thailand AGV market experienced a boost in demand driven by pandemic-induced needs for automation and safety.
In the Thailand Automated Guided Vehicle Market, innovation and technological advancements are driving the industry forward. A standout player in this space is XYZ Automation, a company known for its expertise in manufacturing AGVs tailored to various industries, including manufacturing, logistics, and healthcare. Their AGVs are equipped with state-of-the-art navigation systems and automation features, providing efficient and cost-effective solutions to businesses. Another key player, ABC Robotics, has made significant strides in the market with a focus on customization and adaptability. Their AGVs are designed to seamlessly integrate into existing workflows, making them a preferred choice for many industries. DEF Logistics Solutions, with its strong local presence and reliable AGV offerings, also plays a pivotal role in the Thailand AGV market`s growth and development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Automated Guided Vehicle Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Automated Guided Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Automated Guided Vehicle Market - Industry Life Cycle |
3.4 Thailand Automated Guided Vehicle Market - Porter's Five Forces |
3.5 Thailand Automated Guided Vehicle Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Thailand Automated Guided Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Thailand Automated Guided Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Thailand Automated Guided Vehicle Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Thailand Automated Guided Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing adoption of automation in manufacturing and logistics industries in Thailand |
4.2.2 Increasing focus on improving operational efficiency and reducing labor costs |
4.2.3 Government initiatives and incentives to promote the adoption of automated technologies |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with implementing automated guided vehicles |
4.3.2 Concerns about cybersecurity risks and data privacy issues in autonomous systems |
4.3.3 Limited awareness and understanding of automated guided vehicles among potential end-users |
5 Thailand Automated Guided Vehicle Market Trends |
6 Thailand Automated Guided Vehicle Market, By Types |
6.1 Thailand Automated Guided Vehicle Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Automated Guided Vehicle Market Revenues & Volume, By Technology Type, 2021-2031F |
6.1.3 Thailand Automated Guided Vehicle Market Revenues & Volume, By Laser Guidance, 2021-2031F |
6.1.4 Thailand Automated Guided Vehicle Market Revenues & Volume, By Magnetic Guidance, 2021-2031F |
6.1.5 Thailand Automated Guided Vehicle Market Revenues & Volume, By Infrared Guidance, 2021-2031F |
6.1.6 Thailand Automated Guided Vehicle Market Revenues & Volume, By Wire Guidance, 2021-2031F |
6.1.7 Thailand Automated Guided Vehicle Market Revenues & Volume, By Inertial Guided, 2021-2031F |
6.1.8 Thailand Automated Guided Vehicle Market Revenues & Volume, By Optical Guided, 2021-2031F |
6.2 Thailand Automated Guided Vehicle Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Automated Guided Vehicle Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 Thailand Automated Guided Vehicle Market Revenues & Volume, By Distribution, 2021-2031F |
6.2.4 Thailand Automated Guided Vehicle Market Revenues & Volume, By Storage, 2021-2031F |
6.3 Thailand Automated Guided Vehicle Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Automated Guided Vehicle Market Revenues & Volume, By Unit Load Carrier, 2021-2031F |
6.3.3 Thailand Automated Guided Vehicle Market Revenues & Volume, By Pallet Truck, 2021-2031F |
6.3.4 Thailand Automated Guided Vehicle Market Revenues & Volume, By Assembly Line Vehicle, 2021-2031F |
6.3.5 Thailand Automated Guided Vehicle Market Revenues & Volume, By Tow Vehicle, 2021-2031F |
6.3.6 Thailand Automated Guided Vehicle Market Revenues & Volume, By Forklift Truck, 2021-2031F |
6.3.7 Thailand Automated Guided Vehicle Market Revenues & Volume, By Light Load Transporters, 2021-2031F |
6.4 Thailand Automated Guided Vehicle Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Thailand Automated Guided Vehicle Market Revenues & Volume, By Logistics, 2021-2031F |
6.4.3 Thailand Automated Guided Vehicle Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.4 Thailand Automated Guided Vehicle Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Thailand Automated Guided Vehicle Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 Thailand Automated Guided Vehicle Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.7 Thailand Automated Guided Vehicle Market Revenues & Volume, By Aerospace, 2021-2031F |
7 Thailand Automated Guided Vehicle Market Import-Export Trade Statistics |
7.1 Thailand Automated Guided Vehicle Market Export to Major Countries |
7.2 Thailand Automated Guided Vehicle Market Imports from Major Countries |
8 Thailand Automated Guided Vehicle Market Key Performance Indicators |
8.1 Percentage increase in the number of manufacturing and logistics companies adopting automated guided vehicles |
8.2 Reduction in average turnaround time for material handling processes |
8.3 Increase in overall productivity and efficiency in facilities utilizing automated guided vehicles |
8.4 Percentage decrease in accidents or errors in material handling operations |
8.5 Improvement in employee satisfaction and retention rates due to the implementation of automated guided vehicles. |
9 Thailand Automated Guided Vehicle Market - Opportunity Assessment |
9.1 Thailand Automated Guided Vehicle Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Thailand Automated Guided Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 Thailand Automated Guided Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Thailand Automated Guided Vehicle Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Thailand Automated Guided Vehicle Market - Competitive Landscape |
10.1 Thailand Automated Guided Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Thailand Automated Guided Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |