Future of Automated Guided Vehicles (AGV) Market 2021-2028 With Post COVID-19 Impact of Worldwide Spread Analysis – Balyo SA, Bastian Solutions, Daifuku Co., Dematic Group, Hyster-Yale Group

The automated guided vehicles (AGV) market was valued at US$ 3,310.8 million in 2020 and is projected to reach US$ 9,077.3 million by 2028; it expected to grow at a CAGR of 14.59% during 2021–2028.

The increasing e-commerce business across the world is resulting in the adoption of the automated material handling process. E-commerce companies such as Walmart, Amazon, Alibaba, and Flipkart are increasing their focus on automated material handling to reduce operational costs and increase inventory size. According to the E-commerce Europe report, in 2019, online sales in the region was increased by 13%, which accounted for US$ 735 billion; also, the market concentration is expected to be focused on Western Europe, with the region accounting for the majority of B2C platform turnover, of around 66%. For instance, the material handling division of ThyssenKrupp is investing over US$ 83 million in its European warehousing and logistics network and planning to build a new logistics center in Rotenburg/Wümme (Lower Saxony) that will span 36,000 square meters and hold up to 20,000 metric tons of materials. MonotaRO is an e-commerce company that handles the consumables, maintenance tools, and other industrial supplies used in various industries. The company uses the Racrew by Hitachi, a compact, low-floor, automated guided vehicle (AGV) to increase the picking efficiency.

Studying and analyzing the impact of Coronavirus COVID-19 on the Automated Guided Vehicles (AGV) industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

Download PDF Sample Report with Statistical info @ www.theinsightpartners.com/sample/TIPAT00002059/?utm_source=Openpr&utm_medium=10387

The global Automated Guided Vehicles (AGV) market has been segmented into five major regions: North America, Europe, APAC, MEA, and SAM. APAC holds the dominant share in the Automated Guided Vehicles (AGV) market and it is expected to be the fastest-growing region in the global market in forecasted period. Governments of various countries are supporting local manufacturers to enhance automotive sector in the country which is bolstering the market growth.

The Top Companies in the Automated Guided Vehicles (AGV) market include: - Balyo SA, Bastian Solutions, Daifuku Co., Dematic Group, Hyster-Yale Group, SSI SCHAEFER Group, Konecranes Oyj, Kuka AG, Lodamaster GroupInc

The above listing of key players is derived by considering multiple factors such as overall revenue, current Automated Guided Vehicles (AGV) portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities.

Global Automated Guided Vehicles (AGV) Market: Applications and Types

COVID-19 Impact and Global Analysis By Technology (Wired Navigation, Guide Tape Navigation, Laser Target Navigation, Magnetic Navigation, and Others), Type (Standard, Hybrid, Compact, and Others), Vehicle Type (Pallet Trucks, Unit Load Carriers, Driverless Trains, Forklift Trucks, and Others), and End User (General Manufacturing, Food & Beverage, Aerospace, Retail, Healthcare, Logistics, Automotive, and Others)

Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the in-Automated Guided Vehicles (AGV) market, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Direct Purchase Automated Guided Vehicles (AGV) Market Research Report Now @ www.theinsightpartners.com/buy/TIPAT00002059/?utm_source=Openpr&utm_medium=10387

Some Point from Table of Content:

Global Automated Guided Vehicles (AGV) Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2028

1 Automated Guided Vehicles (AGV) Market - Research Scope

2 Automated Guided Vehicles (AGV) Market - Research Methodology

3 Automated Guided Vehicles (AGV) Market Forces

4 Automated Guided Vehicles (AGV) Market - By Geography

5 Automated Guided Vehicles (AGV) Market - By Trade Statistics

6 Automated Guided Vehicles (AGV) Market - By Type

7 Automated Guided Vehicles (AGV) Market - By Application

8 North America Automated Guided Vehicles (AGV) Market

9 Europe Automated Guided Vehicles (AGV) Market Analysis

10 Asia-Pacific Automated Guided Vehicles (AGV) Market Analysis

11 Middle East and Africa Automated Guided Vehicles (AGV) Market Analysis

12 South America Automated Guided Vehicles (AGV) Market Analysis

13 Company Profiles

14 Market Forecast - By Regions

15 Market Forecast - By Type and Applications

Note: If you have any requirements regarding report or you want to customize report as per your requirements, please let us know and we will offer you the report as you want. Thank You for reading this article.

Contact Us: -  

The Insight partners

USA +1-646-491-9876

Asia-Pacific +91 20 6727 8686

Email: sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and defence. We continuously update our repository so as to provide our clients easy access to the world’s most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate Research offerings do not meet the specific requirements of our esteemed clients.

This release was published on openPR.