Automated Guided Vehicle Deep Research on Industrial and Market studies - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
"Automated
Guided Vehicle Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Global
Automated Guided Vehicle Market: Overview
Automated guided vehicles are driverless,
self-operated computer controlled vehicles which are fitted with
guidance and collision avoidance system and can move materials from
one place to another, without the need for any human intervention.
Reliability, durability and ease in operation of the vehicles are the
chief factors on which the quality of these vehicles depends.
Automated guided vehicles help to safely transport all kinds of
products without any human intervention within distribution,
logistics, production and warehouse environments, along with reducing
operational costs and increasing profitability and efficiency. AGVs
are capable of lifting, shifting and rotating goods, transporting
products across vast distances, storing products in deep lanes and
delivering these onto the conveyors.
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Global
Automated Guided Vehicle Market: Drivers
Increasing demand for AGVs in material handling
and increasing need for accuracy and high productivity is driving the
growth of the global automated guided vehicle market. The automated
guided vehicles combined with radio frequency technology work in line
with the Warehouse Control System and the Warehouse Management System
to improve accuracy and efficiency since AGVs have little downtime
and operate at a fixed rate to meet a predictable metric for
operational activity. Further, replacement of conventional batteries
with lithium ion batteries is positively influencing the growth of
the global market. Thus, the conjoint effect of all these drivers is
anticipated to steadily bolster the growth of the global automated
guided vehicle market in the coming years.
The e-commerce companies are considering automated
guided vehicles as one of their key components in their growth and
expansion as these AGVs help to reduce their order processing time.
The growing e-commerce industry is thus expected to serve as a
prospective area where AGV manufacturers can expand their business.
Also when it comes to retail, e-commerce is the fastest growing
channel. Therefore, growth of e-commerce and use of AGVs by them is
set to create further growth opportunities in the global AGV market.
In addition, rapid industrialization and increasing adoption of
innovative and better technologies coupled with the emergence of new
players in the developing regions of Asia Pacific, Middle East and
Africa and Latin America is expected to offer lucrative opportunities
for the growth of the global automated guided vehicle market.
Global Automated Guided Vehicle Market:
Opportunities
This report on the global automated guided vehicle
market highlights the current scenario of the market along with
stating the expected growth of the global market during the forecast
period. Various political, social, economic and technological factors
which are likely to impact the demand of automated guided vehicle
have been analyzed to include an exhaustive study of the global
market drivers, restraints and opportunities, i.e. the market
dynamics under the purview of the report. Further, the key players
operating the automated guided vehicle market have been profile
thoroughly and competitively across the five geographic regions and
their competitive landscape is inclusive of their recent developments
related to automated guided vehicles and the distinguishable business
strategies adopted by them. To further analyze their market
positioning, SWOT analysis has been provided for each of the players.
In addition, the report includes the market attractiveness analysis
of the segmentation, end-use industry for offering a deep insight
into the major application area of the automated guided vehicles.
Thus, the global automated guided vehicle market report provides an
extensive study of the market along with offering the forecast of the
market in terms of revenue (USD Million) from the period of 2016 –
2024.
Key Players Mentioned in this Report are:
Some of the major players in the automated guided
vehicle market are: Toyota Industries Corporation (Japan), Egemin
Automation Inc. (U.S.), Bastian Solutions LLC (U.S.), Hyster-Yale
Materials Handling Inc. (U.S.), Swisslog Holding AG (Switzerland),
Dematic GmbH & Co. KG (U.S.), JBT Corporation (U.S.), E&K
Automation GMBH (Germany), Oceaneering AGV Systems (Netherlands) and
Seegrid Corporation (U.S.) among others.
The global automated guided
vehicle market has been segmented into:
Automated Guided Vehicle Market, by Type
- Forklift AGVs
- Load Transfer AGVs
- Pallet Trucks
- Assembly Line Vehicles
- Light Load Transporters
- Tugger AGVs
- Others
Automated Guided Vehicle Market, by
End-Use Industry
- Distribution & Logistics
- Automotive
- Aerospace
- Healthcare
- Retail
- Manufacturing
- Food & Beverage
- Others
Automated Guided Vehicle Market, by
Geography: The market is broadly segmented on
the basis of geography into:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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