The globalautomated guided vehicle (AGV) marketsize was USD 4.80 billion in 2022 and is expected to register a steady revenue CAGR of 10.0% during the forecast period, according to the latest analysis by Emergen Research. Increasing usage of AGVs in the e-commerce industry and greater adoption of industry 4.0 technologies are key factors driving market revenue growth.
The top competitors in the market, their goals for business expansion, and their development strategies are all closely examined in the Automated Guided Vehicle Market report. The archive encourages businesspeople to look up information about potential customers and places where they might be located. The review, which only highlights the greatest sellers, can help entrepreneurs find potential customers and discover more about their local market.
Automated guided vehicles (AGVs) are used in the e-commerce industry to automate the movement of goods within a warehouse or fulfillment center. AGVs can be used to transport products from storage racks to packing and shipping areas, where an order picker can retrieve items for an order. In addition, AGVs can be used to sort and separate products based on their destination or order type, improving the efficiency of the shipping process.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Swisslog Holding AG, Egemin Automation Inc., Bastian Solutions, LLC, Daifuku Co., Ltd., Dematic, JBT, Seegrid Corporation, TOYOTA INDUSTRIES CORPORATION, Hyster-Yale Materials Handling, Inc., and BALYO
Target Audience of the Global Automated Guided Vehicle Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Automated Guided Vehicle Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Automated Guided Vehicle market on the basis of product, application, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Software
- Service
- Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
- Tow Vehicle
- Forklift Truck
- Pallet Truck
- Hybrid Vehicles
- Unit Load Carrier
- Others
- Navigation Technology Outlook (Revenue, USD Billion; 2019-2032)
- Laser Guidance
- Inductive Guidance
- Vision Guidance
- Magnetic Guidance
- Natural Navigation
- Others
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Additional information offered by the report:
- Along with a complete overview of the global Automated Guided Vehicle market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Automated Guided Vehicle market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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