Automated Guided Vehicle Market – Industry Analysis And Forecast

By Author: shankarmmr
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Automated Guided Vehicle Market is expected to grow from US$ XX Bn in 2019 to cross US$ XX Bn by 2026, with a CAGR of XX% between the forecasting period of 2019 to 2026.

The Automated Guided Vehicle Market can be segmented into by type, navigation technology, battery type, industry, application, & region - global forecast to 2025.The automotive industry is the largest contributor to the world economy and is attracting investments from across the world, which in turn creates an opportunity for the Automated Guided Vehicle Market.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

Automatic guided vehicle (AGV) is a fully Automated Guided Vehicle Market using remote-controlled vehicles. AGVs safely ...
... transport all kinds of products without human intervention within production, strategy, warehouse and distribution environments: the clear way to reduce costs and to increase efficiency and profitability.

Automated guided vehicles (AGVs) are used in big shop floors for moving heavy materials within the manufacturing unit. These vehicles are controlled by computers and do not require onboard drivers. The growing demand for material handling equipment to enhance operational efficiency in industrial processes along with the rising cost of the skilled job are key factors that drive the growth of the Automated Guided Vehicle Market.

AGVs have defined paths or areas within which they operate. Shipping can be established by several means such as inductive wires, surface-mounted magnetic or optical strips, or by inertial or laser navigation guidance. In North American regions AGV’s finds maximum applications in aerospace and food & beverage industries. The increasing use of AGVs in manufacturing companies such as automotive companies in Europe is expected to lead to a significant increase in the demand for the Europe AGV market. Asia-Pacific is the largest consumer of AGVs in the world. In Asia-Pacific, rising investments in the automation sector and prospering automobile and electronics industries are likely to keep the demand for AGVs in the region growing.

Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Automated Guided Vehicle Market outlook. The report encompasses the Automated Guided Vehicle Market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Automated Guided Vehicle Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Automated Guided Vehicle Market positioning of competitors.

The objective of the report is to present comprehensive Global Automated Guided Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Automated Guided Vehicle Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Automated Guided Vehicle Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Automated Guided Vehicle Market North America for Asia Pacific make the report investor’s guide.
Scope of the Global Automated Guided Vehicle Market

Global Automated Guided Vehicle Market, by Application

• Distribution
• Assembly
• Transportation
• Packaging
• Storage
• Others
Global Automated Guided Vehicle Market, by End-User

• Healthcare
• Food & Beverages
• Manufacturing
• Automotive
• Aerospace
• Logistics
• Retail
• Others
Global Automated Guided Vehicle Market, by Navigation Technology

• Inductive Guidance
• Magnetic Guidance
• Vision Guidance
• Laser Guidance
• Optical Tape Guidance
• Others
Global Automated Guided Vehicle Market, by Battery Type

• Lithium-Ion
• Lead
• Nickel-based
• Others
Global Automated Guided Vehicle Market, by Type

• Unit Load Carriers
• Assembly Line Vehicles
• Tow Vehicles
• Forklift Truck
• Pallet Truck
• Tugger Automated Guided Vehicles
• Others
Key Players Operating in the Global Automated Guided Vehicle Market

• SSI Schaefer AG
• Toyota Industrial Corporation
• KION Group
• Daifuku Co., Ltd.
• JBT Corporation
• Hyster-Yale Materials Handling
• Seegrid Corporation
• E&K Automation GMBH
• Kollmorgen
• Egemin Automation Inc.
• Bastian Solutions
• Balyo Inc.
• Swisslog Holding AG
• KMH Systems, Inc.
• Oceaneering AGV Systems
• Frog AGV Systems B.V.
• Dematic GMBH & Co. KG
• Rockwell Automation, Inc
• Mitsubishi Corporation
• America In Motion, Inc.
• ABB Ltd.
• Doerfer Corporation
• JBT Corporation
• Toyota Industries
• Kuka
• EK Automation