Global automated guided vehicle market expected to reach USD 3.7 billion globally by 2024, at a CAGR of around 12.5% between 2018 and 2024. Adoption of advanced automation technology in various food manufacturing processes has led to the expansion of the food and beverage sector.
The report analyzes and forecasts automated guided vehicle market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of automated guided vehicle market dynamics gives a brief thought about the drivers and restraints for the automated guided vehicle market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the automated guided vehicle market on a global level.
The report gives a transparent view of the automated guided vehicle market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the automated guided vehicle market. To understand the competitive landscape in the automated guided vehicle market, an analysis of Porter’s Five Forces model for the automated guided vehicle market has also been included. The study encompasses a market attractiveness analysis, wherein product, navigation technology, battery, application, end-use industry, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a crucial view of the automated guided vehicle by segmenting the market based on product, navigation technology, battery, application, end-use industry, and region. All the segments of the automated guided vehicle market have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. By product, global automated guided vehicle market is bifurcated into the driverless train, pallet trucks, and unit load carriers. Wired, guided tape, gyroscopic navigation, and laser target is the navigation technology segment of the global automated guided vehicle market. Lithium-Ion, NiCad, sealed, flooded lead acid, inductive power, and the fuel cell is the battery segment for automated guided vehicle market. The application segment is divided into receiving and distribution, transport in production, storage and retrieval, end of line transport, and others. By end-use industry, global automated guided vehicle market is divided into automotive, aerospace and defense, electronics, general manufacturing, food and beverages, pharmaceutical, textile, and others. The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America and Europe for automated guided vehicle market with further bifurcation into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, South Korea, India, Taiwan, Brazil, Argentina, Saudi Arabia, and UAE.
The competitive profiling of noticeable players of the global automated guided vehicle market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Noticeable players included in this report are Egemin Automation Inc., Toyota Industries Corporation, JBT Corporation, Hyster-Yale Materials Handling Inc., Bastian Solutions LLC, Dematic GmbH & Co. KG, Swisslog Holding AG, Oceaneering AGV Systems, E&K Automation GMBH, and Seegrid Corporation, among others.
This report segments the global automated guided vehicle market as follows:
Global Automated Guided Vehicle Market: Product Segment Analysis
Global Automated Guided Vehicle Market: Navigation Technology Segment Analysis
Global Automated Guided Vehicle Market: Battery Segment Analysis
Global Automated Guided Vehicle Market: Application Segment Analysis
Global Automated Guided Vehicle Market: End-Use Industry Segment Analysis
Global Automated Guided Vehicle Market: Regional Segment Analysis
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