Los Angeles, CA -- (SBWIRE) -- 07/02/2019 -- Automated Guided Vehicle (AGV) is an unmanned, computer-controlled mobile transport unit used for material handling and transportation in a wide range of industries. Also known as a self-guided vehicle or self-propelled vehicle, an AGV is a vehicle that is powered by a battery or an electric motor and is able to perform tasks without human supervision or operation.
A rising disposable income, demand for different vehicle types from end users and stricter regulatory compliances mandating the use of industrial materials are the primary factors responsible for booming AGV demand in the automotive sector of the AGV market. AGV's are characterized by their ability to work in demanding, hazardous, and harmful conditions boosting their appeal across different domains.
The Automotive Industry AGV market was valued at 600 Million US$ in 2017 and is projected to reach 940 Million US$ by 2025, at a CAGR of 5.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automotive Industry AGV.
This study focuses on the production side and consumption side of Automotive Industry AGV, presents the global Automotive Industry AGV market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Automotive Industry AGV capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
Get PDF report template @ https://www.qyresearch.com/sample-form/form/838166/global-automotive-industry-agv-industry-research-report-growth-trends-and-competitive-analysis-
In terms of consumption side, this report focuses on the consumption of Automotive Industry AGV by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
This report includes the following manufacturers; we can also add the other companies as you want.
Market Segment by Product Type
Unit Load Type
Automated Forklift Type
Market Segment by Application
Get Customized Report in your Inbox within 24 hours @ https://www.qyresearch.com/customize-request/form/838166/global-automotive-industry-agv-industry-research-report-growth-trends-and-competitive-analysis-
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.