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.
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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)
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