Report on " Automated Guided Vehicle Market " assesses the key Market opportunities and Key driving factors along with competitive Landscape by analyzing Leading Industry Players.
Albany, NY -- (SBWIRE) -- 03/16/2019 -- 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.
Scope of the Report:
- This report focuses on the Automated Guided Vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- Automated guided vehicle, which are widely used for material handling in various industries such as automotive, manufacturing, food & beverage, aerospace, healthcare, logistics, retail, and others, have proved to be very useful in catering to the growing need for automation in industrial material handling.
- Much of the fast growth in the industry grew out of the desire from companies to reduce operating costs and improve efficiency. During the past five years, industry operators rolled out new high technology products, such as automated pallet trucks that use laser target, gyroscopic, optical and magnetic navigation systems.
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The worldwide market for Automated Guided Vehicle is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 1880 million US$ in 2023, from 1250 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- DS Automotion
- AGVE Group
- EK AUTOMATION
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Market Segment by Type, covers
- Unit Load Type
- Automated Forklift Type
- Tugger Type
Market Segment by Applications, can be divided into
- Production & Manufacturing
- Distribution & Logistics
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