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Rail Guided Vehicle System-Global Market Insights and Sales Trends 2025
Synopsis
Rail Guided Vehicle (RGV) systems are fast flexible rail systems which make it possible to transport large quantities of heavy goods over long distances at low cost with high efficiency. RGVs are motorized vehicles that are guided by a fixed rail system. They are vital for storage, handling, and order fulfillment in a wide range of industries. RGVs can link multiple destinations and are a good and economic alternative to conveyors.
The global Rail Guided Vehicle System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Guided Vehicle System in various end use industries. The expanding demands from the Railway Station, Mining and Others,, are propelling Rail Guided Vehicle System market. Semi-automatic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the All-automatic segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Guided Vehicle System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Guided Vehicle System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Guided Vehicle System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Guided Vehicle System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Guided Vehicle System covered in this report include PowerMax, EFACEC, MEIDENSHA, Daifuku and Siasun, etc.
The global Rail Guided Vehicle System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PowerMax
EFACEC
MEIDENSHA
Daifuku
Siasun
Global Rail Guided Vehicle System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Guided Vehicle System market, Segment by Type:
Semi-automatic
All-automatic
Global Rail Guided Vehicle System market, by Application
Railway Station
Mining
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Guided Vehicle System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Guided Vehicle System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Rail Guided Vehicle (RGV) systems are fast flexible rail systems which make it possible to transport large quantities of heavy goods over long distances at low cost with high efficiency. RGVs are motorized vehicles that are guided by a fixed rail system. They are vital for storage, handling, and order fulfillment in a wide range of industries. RGVs can link multiple destinations and are a good and economic alternative to conveyors.
The global Rail Guided Vehicle System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Rail Guided Vehicle System in various end use industries. The expanding demands from the Railway Station, Mining and Others,, are propelling Rail Guided Vehicle System market. Semi-automatic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the All-automatic segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Rail Guided Vehicle System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Rail Guided Vehicle System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Rail Guided Vehicle System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Rail Guided Vehicle System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Rail Guided Vehicle System covered in this report include PowerMax, EFACEC, MEIDENSHA, Daifuku and Siasun, etc.
The global Rail Guided Vehicle System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
PowerMax
EFACEC
MEIDENSHA
Daifuku
Siasun
Global Rail Guided Vehicle System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Rail Guided Vehicle System market, Segment by Type:
Semi-automatic
All-automatic
Global Rail Guided Vehicle System market, by Application
Railway Station
Mining
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Rail Guided Vehicle System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Rail Guided Vehicle System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Rail Guided Vehicle System Market Overview
1.1 Rail Guided Vehicle System Product Overview
1.2 Rail Guided Vehicle System Market Segment by Type
1.2.1 Semi-automatic
1.2.2 All-automatic
1.3 Global Rail Guided Vehicle System Market Size by Type
1.3.1 Global Rail Guided Vehicle System Market Size Overview by Type (2018-2029)
1.3.2 Global Rail Guided Vehicle System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Rail Guided Vehicle System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Rail Guided Vehicle System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Rail Guided Vehicle System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Rail Guided Vehicle System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Rail Guided Vehicle System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Rail Guided Vehicle System Sales Breakdown by Type (2018-2023)
2 Global Rail Guided Vehicle System Market Competition by Company
2.1 Global Top Players by Rail Guided Vehicle System Sales (2018-2023)
2.2 Global Top Players by Rail Guided Vehicle System Revenue (2018-2023)
2.3 Global Top Players by Rail Guided Vehicle System Price (2018-2023)
2.4 Global Top Manufacturers Rail Guided Vehicle System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Rail Guided Vehicle System Market Competitive Situation and Trends
2.5.1 Rail Guided Vehicle System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Rail Guided Vehicle System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Rail Guided Vehicle System as of 2022)
2.7 Date of Key Manufacturers Enter into Rail Guided Vehicle System Market
2.8 Key Manufacturers Rail Guided Vehicle System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Rail Guided Vehicle System Status and Outlook by Region
3.1 Global Rail Guided Vehicle System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Rail Guided Vehicle System Historic Market Size by Region
3.2.1 Global Rail Guided Vehicle System Sales in Volume by Region (2018-2023)
3.2.2 Global Rail Guided Vehicle System Sales in Value by Region (2018-2023)
3.2.3 Global Rail Guided Vehicle System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Rail Guided Vehicle System Forecasted Market Size by Region
3.3.1 Global Rail Guided Vehicle System Sales in Volume by Region (2024-2029)
3.3.2 Global Rail Guided Vehicle System Sales in Value by Region (2024-2029)
3.3.3 Global Rail Guided Vehicle System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Rail Guided Vehicle System by Application
4.1 Rail Guided Vehicle System Market Segment by Application
4.1.1 Railway Station
4.1.2 Mining
4.1.3 Others
4.2 Global Rail Guided Vehicle System Market Size by Application
4.2.1 Global Rail Guided Vehicle System Market Size Overview by Application (2018-2029)
4.2.2 Global Rail Guided Vehicle System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Rail Guided Vehicle System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Rail Guided Vehicle System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Rail Guided Vehicle System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Rail Guided Vehicle System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Rail Guided Vehicle System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Rail Guided Vehicle System Sales Breakdown by Application (2018-2023)
5 North America Rail Guided Vehicle System by Country
5.1 North America Rail Guided Vehicle System Historic Market Size by Country
5.1.1 North America Rail Guided Vehicle System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Rail Guided Vehicle System Sales in Volume by Country (2018-2023)
5.1.3 North America Rail Guided Vehicle System Sales in Value by Country (2018-2023)
5.2 North America Rail Guided Vehicle System Forecasted Market Size by Country
5.2.1 North America Rail Guided Vehicle System Sales in Volume by Country (2024-2029)
5.2.2 North America Rail Guided Vehicle System Sales in Value by Country (2024-2029)
6 Europe Rail Guided Vehicle System by Country
6.1 Europe Rail Guided Vehicle System Historic Market Size by Country
6.1.1 Europe Rail Guided Vehicle System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Rail Guided Vehicle System Sales in Volume by Country (2018-2023)
6.1.3 Europe Rail Guided Vehicle System Sales in Value by Country (2018-2023)
6.2 Europe Rail Guided Vehicle System Forecasted Market Size by Country
6.2.1 Europe Rail Guided Vehicle System Sales in Volume by Country (2024-2029)
6.2.2 Europe Rail Guided Vehicle System Sales in Value by Country (2024-2029)
7 Asia-Pacific Rail Guided Vehicle System by Region
7.1 Asia-Pacific Rail Guided Vehicle System Historic Market Size by Region
7.1.1 Asia-Pacific Rail Guided Vehicle System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Rail Guided Vehicle System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Rail Guided Vehicle System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Rail Guided Vehicle System Forecasted Market Size by Region
7.2.1 Asia-Pacific Rail Guided Vehicle System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Rail Guided Vehicle System Sales in Value by Region (2024-2029)
8 Latin America Rail Guided Vehicle System by Country
8.1 Latin America Rail Guided Vehicle System Historic Market Size by Country
8.1.1 Latin America Rail Guided Vehicle System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Rail Guided Vehicle System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Rail Guided Vehicle System Sales in Value by Country (2018-2023)
8.2 Latin America Rail Guided Vehicle System Forecasted Market Size by Country
8.2.1 Latin America Rail Guided Vehicle System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Rail Guided Vehicle System Sales in Value by Country (2024-2029)
9 Middle East and Africa Rail Guided Vehicle System by Country
9.1 Middle East and Africa Rail Guided Vehicle System Historic Market Size by Country
9.1.1 Middle East and Africa Rail Guided Vehicle System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Rail Guided Vehicle System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Rail Guided Vehicle System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Rail Guided Vehicle System Forecasted Market Size by Country
9.2.1 Middle East and Africa Rail Guided Vehicle System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Rail Guided Vehicle System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 PowerMax
10.1.1 PowerMax Company Information
10.1.2 PowerMax Introduction and Business Overview
10.1.3 PowerMax Rail Guided Vehicle System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 PowerMax Rail Guided Vehicle System Products Offered
10.1.5 PowerMax Recent Development
10.2 EFACEC
10.2.1 EFACEC Company Information
10.2.2 EFACEC Introduction and Business Overview
10.2.3 EFACEC Rail Guided Vehicle System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 EFACEC Rail Guided Vehicle System Products Offered
10.2.5 EFACEC Recent Development
10.3 MEIDENSHA
10.3.1 MEIDENSHA Company Information
10.3.2 MEIDENSHA Introduction and Business Overview
10.3.3 MEIDENSHA Rail Guided Vehicle System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MEIDENSHA Rail Guided Vehicle System Products Offered
10.3.5 MEIDENSHA Recent Development
10.4 Daifuku
10.4.1 Daifuku Company Information
10.4.2 Daifuku Introduction and Business Overview
10.4.3 Daifuku Rail Guided Vehicle System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Daifuku Rail Guided Vehicle System Products Offered
10.4.5 Daifuku Recent Development
10.5 Siasun
10.5.1 Siasun Company Information
10.5.2 Siasun Introduction and Business Overview
10.5.3 Siasun Rail Guided Vehicle System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Siasun Rail Guided Vehicle System Products Offered
10.5.5 Siasun Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Rail Guided Vehicle System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Rail Guided Vehicle System Industrial Chain Analysis
11.4 Rail Guided Vehicle System Market Dynamics
11.4.1 Rail Guided Vehicle System Industry Trends
11.4.2 Rail Guided Vehicle System Market Drivers
11.4.3 Rail Guided Vehicle System Market Challenges
11.4.4 Rail Guided Vehicle System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Rail Guided Vehicle System Distributors
12.3 Rail Guided Vehicle System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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