Automated Guided Vehicle System Market – Opportunities & Forecast, 2020-2027

 

This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.

Competitive Landscape:

The leading organizations covered in the Automated Guided Vehicle System Market are:

·         Daifuku

·         Toyota Industrial

·         Kollmorgen (US)

·         Hyster-Yale Materials Handling, Inc.

·         SSI Schaefer

·         E&K Automation GmbH

·         Bastian Solutions, Inc.

·         JBT Corporation

·         Oceaneering AGV Systems

Drivers of the Automated Guided Vehicle System Market:

The automated guided vehicle system market is experiencing an upsurge in demand over the forecast period. This is mainly due to the rising demand for automation in material handling across industries, a fundamental shift in demand from mass production to mass customization, the growing popularity of e-commerce owing to the COVID-19, and enhanced safety standards at workplaces.  Furthermore, industrial growth in developing countries, the presence of the intralogistics sector in Southeast Asia, and the increasing adoption of industrial automation by SMEs are expected to surge the growth of the market.

Automated guided vehicle system is an effective solution for the improved and effective material handling capability with reduced error chances, which will create various growth opportunities in the market. The rise in the demand for safety concerns at the workplace and sustainable enhancement in the overall supply chain processes, thus supporting the market growth. Furthermore, automated guided vehicles improve the capability of decreasing operating cost, which further acts as a key factor fuelling the growth of the AGVs market. On the other hand, the factors hampering the growth of the automated guided vehicles include the initial cost associated with it and the reduced flexibility of the operational capability.

For Additional Insights, Click to Access Complete Report: http://www.gmiresearch.com/report/global-automated-guided-vehicle-system-agvs-market/

Key Benefits offered by the Automated Guided Vehicle System Market report:

·         This study represents the analytical depiction of the Automated Guided Vehicle System Market along with the ongoing trends and future estimations to determine the imminent investment pockets.

·         The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Automated Guided Vehicle System Market share.

Segmentation of the Automated Guided Vehicle System Market:

The Automated Guided Vehicle System Market has been categorized into the following segments:

Breakup by Type:

·         Driverless Trains

·         Pallet Trucks

·         Unit Load Carriers

Breakup by Application:

·         Shop Floor Control

·         Assembly Line

·         Others

Breakup by End-Use:

·         Automotive

·         Process Industry

·         Defence Systems

·         Electrical & Electronics

·         Others

Breakup by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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