“Automated Guided Vehicles are mobile robots which are programmed to operate in industrial environment for material handling applications. These robots navigate with the help of markers, wires being fit on the floors and also use vision, laser or magnets in material handling applications. Automated Guided Vehicles are used in automating the material handling functions in various industries such as Automotive, Food and Beverage, Medical, Pharmaceuticals, Automated Retail and many more. The scope behind automation of functions in industries is to reduce labor intensive process, cost reduction, accuracy, increase speed etc. More companies are looking forward to integrate automation in the warehousing to lower supply chain cost, streamline processes and improve shipping operations.
Automated Guided Vehicles are categorized into following types: Tow AGV, Pallet Truck, Unit Load Carrier, Automated Guided Cart, Light Weight Carrier, Heavy Weight Carrier, Fork Lift and others for which the market has been analyzed in detail in the report. AGV`s have been most frequently used robots in material handling operations and are seen to record impressive growth since 2012. Automated Guided Vehicles market has been analyzed and segmented by Type, Functions, Navigation Technology, Industry and Geography. Functions include Goods Consolidation, Goods Distribution and Order Fulfillment. Major Industries where Automated Guided Vehicles have been significantly utilized include General Manufacturing, Automotive, Semiconductors & Electronics, Automated Retail, Food and Beverages and several others. These AGV`s operate using devices such as sensors, controllers, cameras, software modules, and locomotors.
Major players in the AGV market are profiled with company overview, financial overview, business strategies, product portfolios, recent developments and market shares of the key players.
Some prominent players profiled are:
Kiva Systems, Inc.,
Swisslog Holding AG (Kuka AG),
SSI Schaefer,
Seegrid SA,
JBT Corporation,
Daifuku and many others.
In last 10 decades Automated Guided Vehicles have been found to be growing and expanding their existence in different Industries. Key drivers of Automated Guided Vehicles market include better space utilization, reduced labor turnover, reduced operating costs, omni channel strategy of retail industry and many others.
The report also contains detailed and in-depth analysis of the segmentation of the Automated Guided Vehicles market with respect to geographic regions The regions contained in the report have been segmented into Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). These regions are further categorized into eminent countries from the perspective of AGV market.
The above figure illustrates the current market revenue share by geographic regions for the Automated Guided Vehicles market. As shown Americas, Europe and APAC has multiple players due to increasing manufacturing industries in APAC along with the growth of e-commerce industry across the globe that has been notable for boosting the demand for AGV’s.”
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