Press release
The Global Automated Guided Vehicle Market Was Valued At Usd 1.63 Billion In 2017 And Is Projected To Reach Usd 2.83 Billion By 2025 Top Key Players Are Ssi Schaefer,Dematic, Vanderlande Industries, Daifuku, National Instruments,Goodwill Instruments,Yokog
According to Verified Market Research, The Global Automated Guided Vehicle Market was valued at USD 1.63 Billion in 2017 and is projected to reach USD 2.83 Billion by 2025, growing at a CAGR of 7.87% from 2018 to 2025.
What is an Automated Guided Vehicle?
Automated Guided Vehicles, as the name suggests, are the vehicles which are controlled by the computer without the need of an actual driver onboard and are used on shop floors for material handling operations. In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
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Due to the introduction of Industry 4.0 policy industries have realized the significance of an automated and connected factory environment. Reduced labor cost, increased productivity and accuracy, zero human error are few of the reasons why the demand of AGV’s is going to increase in the forecast period. Although, high initial cost is proving to be one of the major restraining factors but these costs translate into High ROI in the long run.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Automated Guided Vehicle Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Timing Devices Market Competitive Landscape
The “Global Automated Guided Vehicle Market” study report will provide a valuable insight with an emphasis on global market including some of the major players as follows:
• SSI Schaefer
• Dematic
• Vanderlande Industries
• Daifuku
• National Instruments
• Goodwill Instruments
• Yokogawa Electric
• Rigol Technologies
• Toyota Industries Corporation
• Bastian Solutions LLC
• Egemin Automation Inc.
• Hyster-Yale Materials Handling Inc.
• JBT Corporation
• E&K Automation GMBH
• Swisslog Holding AG
• Oceaneering AGV Systems
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
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Global Automated Guided Vehicle Market, By Type
• Tow Vehicle
• Forklift Truck
• Unit Load Carrier
• Assembly Line Vehicle
• Pallet Truck
• Others
Global Automated Guided Vehicle Market, By Navigation Technology
• Magnetic Guidance
• Laser Guidance
• Inductive Guidance
• Optical Tape Guidance
• Vision Guidance
• Others
Global Automated Guided Vehicle Market, By Battery Type
• Lithium-Ion
• Nickel-based
• Lead
• Others
Global Automated Guided Vehicle Market, By Vertical
• Industrial Products
• Food Industry
• Petrochemicals
• Electronics
• Building and Construction
Global Automated Guided Vehicle Market, By Application
• Manufacturing
• Automotive
• Aerospace
• Food and Beverages
• Healthcare
• Logistics
• Retail
• Others
Global Automated Guided Vehicle Market, Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World
Read More- https://www.kennethresearch.com/report-details/global-automated-guided-vehicle-market/10070442
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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