DOF Robotics, which makes a name for itself in the American, Chinese and European countries with its innovations brought to the entertainment sector by using robotic technologies, exports 95 of its products and contributes to the country's economy and succeeds to become an important brand in the global arena by adapting DOF Robotics technology to the logistics sector. Artificial Intelligence is preparing to move into forklift production.
DOF Robotics Chairman Mustafa Mertcan answered the questions about the new products they prepared with 100% local software and the forklift market that will have a huge economy in 2025.
Can you tell us about your company?
DOF Robotics, which started to produce entertainment robots in 2004, exported 95% of its products and contributed to the national economy and became an important brand in the global arena. In total, 45 exports to different countries by making 27% of its exports to the United States and 57% to the People's Republic of China. With the contributions and efforts of Turkish engineers working under DOF Robotics, it has become a registered R & D center in order to continuously produce new and technological products and to be competitive. The Company continues to contribute to the development of the entertainment sector both domestically and internationally with the latest products it has produced thanks to its strategic alliances with major brands (Six Flags, Universal Studios, Wanda Group), attaching great importance to R & D activities. All of the products developed in the R & D center together with the collaborations made are commercialized products and have been awarded with innovation awards in the fairs they participated.
Finally, you have developed a product for the logistics sector with artificial intelligence. Can you tell us about this new product?
In addition to its activities in the Entertainment sector, DOF Robotics has taken advantage of being an R & D center and started working for the production of a new sector, Automatic Guided Vehicles (AGV). In 2017, global forklift sales reached a record level of 15.7 million units with a year-on-year increase of 1.334, while sales of the People's Republic of China rose by 34.2, up by 497.000. In 2018, however, the Chinese market continued to grow rapidly. In the future, the Chinese forklift market will still have great growth potential and it is anticipated that the forklift sales at 2023 will double in 2018. For electric forklifts, especially for electric warehouse forklifts, 2017 and 2018 saw the highest growth rates, 48,4% and 49,8% (January-October), respectively. This is largely due to the intense implementation of environmental protection policies, increased fuel costs and strong demand for storage logistics. In addition, demand is increasing in the new energy forklift market, where more participants are entering. As logistics become automated and intelligent, AGV sales have started to increase. The major forklift manufacturers launched the AGV forklift in order to have a large share of the market. Important factors that accelerate the growth of the market include increased demand for automation in material use in industries, the increasing popularity of e-commerce, increased safety standards in the workplace, and the shift from mass production to mass personalization in demand.
What is the size of the market?
Market size of AGV market share between 2014-2025 years; 2016 billion USD in 1,560, 2017 billion USD in 2,010, 2025 billion in 8,500 is expected to be more than billion USD. The increasing demand for material handling, positioning and optimization of AGV equipment in warehouses, distribution facilities and automobile assembly centers is expected to increase the growth of the sector over forecasting expectations.
Why is the market growing?
The potential growth opportunities of AGV include the emergence of Flexible Manufacturing Systems (FMS), the increasing demand for customized AGVs, the adoption of industrial automation by SMEs, and domestic software. Other types of AGV - hybrid AGVs and customized AGVs - are witnessing high acceptance rates. Manufacturers are designing hybrid and customized AGVs to meet the changing material handling requirements of different industries. The choice of the most appropriate type of AGV depends on the needs of the industries. Customized and mixed type AGVs can be manufactured to meet the diverse needs of end-users, which will contribute to the high growth of the market within the prescribed period of time. The growth of the AGV market can easily be connected to the technology as AGVs do not require changing the existing infrastructure to use them in an industrial facility. Static obstructions or infrastructure changes such as magnets, sensors, reflectors, or RFID within the way AGVs are used make it easier to navigate AGVs in warehouses or industrial facilities. The technology allows an operator to construct a three-dimensional map through a series of images taken when the vehicle passes the warehouse. Once the maps have been created, the AGVs are ready to operate around the facility. AGVs are a key element in a variety of processes such as distribution, order fulfillment, cross-loading, public transport and package transport. The growing e-commerce industry leads to a significant increase in the number of warehouses, while creating huge demands for AGVs in distribution centers. The increase in the acceptance of AGVs in the distribution application is due to careful handling, hauling, stacking, unloading, etc., free of human factor errors. It depends on their ability to perform such activities.
Which markets will grow more?
For AGVs, Europe and the Middle East will be the largest markets in the AGV development period. Europe is expected to lead the AGV market in terms of size from 2019 to 2024. The region has exceptionally high labor costs; therefore, manufacturers in European countries are adopting automated solutions to reduce overall operating costs. The implementation of these solutions helps manufacturers maintain their competitive edge by facilitating effective management of general storage operations. In addition, some automotive manufacturers have their own production facilities in European countries and this industry is a large market for AGVs. In addition, the presence of large companies with global storage and distribution operations, the growth of the e-commerce industry, and advanced third-party logistics (3PL) networks accelerate the growth of the AGV market in Europe. While this is the case for Europe, the situation in the Middle East is somewhat different. Since the fields of activity of the companies in the Middle East focus on storage, much larger scale warehouses and warehouses are used for the stacking, storage and positioning of their raw materials, semi-finished and finished products. Again with the increasing importance of labor force and geographical conditions, companies started to invest in AGVs to be used in storage areas rather than production.
What innovations does the new technology bring?
Especially with the importance of AGVs to be used for warehouses and warehouses, technological infrastructure and integration with ERP systems, companies are making more demands for AGVs to be used in warehouses. This shows that it is important for AGV to reach a more advanced level in terms of technology and mechanics in order to carry out its activities in the warehouse. The fact that AGVs continue their activities by using artificial intelligence in addition to their working principles makes it inevitable that AGV will be transformed into IGV (Intelligence Guided Vehicle).