Automated Guided Vehicles Market Extensive Growth Opportunities to be Witnessed by 2022 | Analysis by Top Key Companies - JBT, Toyota, Kollmorgen, Swisslog Holding, Frog AGV

Global Automated Guided Vehicles Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Automated Guided Vehicles report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies.

Global Automated Guided Vehicles Market Overview:

According to market analysts, Global Automated Guided Vehicles Market is projected to grow at a high CAGR value from 2019 to 2022.

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Automated guided vehicles (AGVs) have wide-spread applications in material handling across various industries such as automotive, manufacturing, F&B, aerospace, healthcare, logistics, retail, and others, to address the growing need for automation in material handling.

The growing demand of material handling equipment to enhance operational efficiency in industrial processes along with rising cost of skilled labour are key factors that drive the growth of the market. Ensuring work safety across industries and enhancing high productivity are other factors that are expected to boost the growth of the automated guided vehicles market.

The Automated Guided Vehicles Market is segmented based on Type, Navigation Technology, Battery Type and Regions. On the basis of type, the market is sub-segmented into Unit Load Carrier, Forklift Truck, Tow Vehicle, Pallet Truck and other. Tow vehicles accounted for the largest share of the AGV market.  The tow vehicle, also known as tugger, pulls non-powered carts carrying heavy loads.

By battery type, the lead battery accounted for the largest share of the AGV market. The lead battery is a mature energy storage technology used in the conventional automotive and power sectors. It is the oldest type of rechargeable battery and is most suitable for automated guided vehicle applications.

Regionally, the market Europe is largely dominated because of the exceptionally high labor cost in this region. Europe held the largest share of the global AGV market, while Asia-Pacific is the most promising region for the AGV market, and is expected to witness the highest CAGR because of the region’s fast-growing e-commerce industry, a booming manufacturing sector, and numerous planned installations of AGVs in emerging economies such as China and India.

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Key Regions:

1  North America Country (United States, Canada)

2  South America

3  Asia Country (China, Japan, India, Korea)

4  Europe Country (Germany, UK, France, Italy)

5  Other Country (Middle East, Africa, GCC)

Top global key service provider companies covered in the study include:

1  JBT

2  Toyota

3  Bastian Solutions

4  Kollmorgen

5  Swisslog Holding

6  Frog AGV

7  Daifuku and More..

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Key Questions Answered in this Report:

1  How has the Automated Guided Vehicles market performed so far and how will it perform in the coming years?

2  What are the price trends of Automated Guided Vehicles?

3  What is the structure of the Automated Guided Vehicles industry and who are the key players?

4  Who are the key vendors in the global Automated Guided Vehicles market?

5  What are the latest market trends?

Table of Content:

1  Automated Guided Vehicles Definition

2  Global Automated Guided Vehicles Market Major Player Share and Market Overview

3  Major Player Automated Guided Vehicles Business Introduction

4  Global Automated Guided Vehicles Market Segmentation (Region Level)

5  Global Automated Guided Vehicles Market Segmentation (Type Level)

6  Global Automated Guided Vehicles Market Segmentation (Industry Level)

7  Global Automated Guided Vehicles Market Segmentation (Channel Level)

8  Automated Guided Vehicles Market Forecast 2019-2022

9  Automated Guided Vehicles Segmentation Type

10  Automated Guided Vehicles Segmentation Industry

11  Automated Guided Vehicles Cost Analysis

12  Conclusion

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