Automated Guided Vehicles Market 2021-2030 Competitive Outlook and Economic Forecasts

New study reportsAuto Guided Vehicles Market 2021, Global Key Players Analysis, Share, Trends, Business Updates, Future Opportunities Forecast at 2030″ has been added. In terms of revenue, the global automated guided vehicles market is valued at US $ 2,247.73 million in 2020 and is expected to grow at a CAGR of 15.40% during the forecast period. At present, the market is strengthening its presence and some of the key players in the study are America In Motion, Bastian Solutions, Inc., Clearpath Robotics, Inc. (OTTO Motors), Dematic Group – KION Group AG, ECA GROUP , Eckhart, LODAMASTER Group, Nido Machineries, Oceaneering International, Inc., RedViking, River Systems, Inc., Savant Automation, Scania, Scott Technology NZ Limited, Seegrid Corporation, System Logistics SpA, Ward Ventures, Inc., Xinxiang Hundred Percent Electrical and Mechanical Co., Ltd, among others. The study is a perfect blend of qualitative and quantitative market data collected and validated primarily through primary data and secondary sources.

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Global Automated Guided Vehicles Market 2021 by Size, Share, Trends, Regions, Segments and Applications, Forecast to 2030, the research report is a comprehensive, methodical and comprehensive review of the industry. The objective of the study is to help the leading vendors, organizations and end users in the industry to better understand the benefits and full functionality of the market segments. It examines market dynamics and provides insight to aid in the definition, categorization and statistical analysis of markets. The current state of the global automated guided vehicle market, along with its future prospects.

The authors of the Automated Guided Vehicles Market report have utilized a unique and industry-leading research and analysis technique to perform an in-depth analysis of the global Automated Guided Vehicles Market. From 2021 to 2030, this study anticipates regional and country-level demand, trends and revenue growth, along with an examination of industry trends in each of the sub-segments.

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The Automated Guided Vehicles Market report offers the following:

** Automated Guided Vehicle Market Share Assessments for Regional and National Segments

** Analysis of the market shares of the main industry players

** Strategic recommendations of the automated guided vehicles market for new entrants.

** Automated Guided Vehicles Market forecast for the coming years of all mentioned segments, sub-segments and regional markets.

** Automated Guided Vehicles Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations).

** The competitive outlook maps key common trends in the automated guided vehicle industry.

** Company profile with detailed strategies, financial data and recent developments

Industry trends

The industrial revolution of the second half of the 19th century paved the way for faster development of goods. Mechanization leads to less reliance on humans to perform complex tasks such as cutting, designing, and pressing metal, among others. Industrial machinery is undergoing rapid change due to the constant need for innovation to stay ahead in various industries. End users are increasingly aiming for higher returns by using minimal resources to maximize profits. There is an increasing demand for automating mundane tasks that require considerable manual effort in industries such as manufacturing, automotive, food and beverage, among others. Studies show that about 70% of physical and cognitive tasks in industries are expected to be automated by 2030 in the United States. In the UK, by contrast, around 1.5 million jobs are at greater risk of becoming obsolete due to automation. . Automation of industrial vehicles is also gaining ground.

Vehicles such as tow tractors, forklifts, pallet trucks, etc., which were driven by humans, are increasingly being automated using several technologies, giving rise to advanced industrial vehicles called automated guided vehicles (AGVs). These vehicles can move seamlessly through a warehouse, distribution center, manufacturing plant, healthcare systems, etc., without the need for an operator on board. In addition, operational errors can also be reduced using AGVs, as they are programmed to follow a particular path and can perform tasks around the world. Hence, the higher production achieved through the use of automated guided vehicles coupled with the growth of manufacturing facilities that use these vehicles to increase production is driving the growth of the global automated guided vehicles market.

The COVID-19 pandemic has disrupted several sectors around the world. In the manufacturing sector, for example, foreclosure measures taken by government agencies in the United States, China, India, United Kingdom, etc. are causing a shortage of labor. Companies are increasingly moving towards automating downsizing processes to deal with the pandemic situation. The remote operation functions present in automated guided vehicles ensure minimal human-to-human contact, as these vehicles can be programmed to operate without human intervention. The pandemic is expected to positively impact the global automated guided vehicle market as many industries adopt these solutions for operations such as picking and placing, load transfer, towing, etc.

Global Automated Guided Vehicles Market:

Automated Guided Vehicle Market: By Offering

  • Some products
  • Forklifts
  • Pallet trucks
  • Load transfers
  • Tow tractors and tug
  • Assembly line vehicles
  • Others
  • Services

Automated Guided Vehicles Market: By Industry

  • Food and drinks
  • Manufacturing
  • Automotive
  • Health and Pharmaceuticals
  • Construction
  • Oil and gas
  • Retail
  • Transport and logistics
  • Aeronautics and aerospace
  • Military And Defense
  • Others

Automated Guided Vehicles Market: By Technology

  • Guided laser
  • Fixed path
  • Guided Camera
  • Optical guided
  • Guided by inertia
  • Others

Automated Guided Vehicle Market: By Regio

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Impact of COVID-19:
The COVID-19 outbreak has impacted markets and customer behavior in a short time, and is having a significant influence on economies and society. With offices, educational institutions and manufacturing facilities closed indefinitely, major sports and events postponed, and work-from-home and social-distancing rules in place, businesses are increasingly looking for technology to help them get through these difficult times. The COVID-19 epidemic is wreaking havoc in businesses around the world.

Customization of the report:
The global Automated Guided Vehicles market report can be modified to meet your specific business needs. Because we understand what our customers want, we offer 25% customization for any of our MID reports at no additional cost to all of our customers.

Table of Contents: Automated Guided Vehicle Market

Chapter 1: Overview of the Global Automated Guided Vehicles Market

Chapter 2: Economic impact on the industry

Chapter 3: Automated Guided Vehicles Market Competition by Manufacturers

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (production), consumption, export, import by regions

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: Automated Guided Vehicles Market Analysis by Application

Chapter 8: Analysis of Manufacturing Costs

Chapter 9: Industry Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors / Traders

Chapter 11: Effect Factors Analysis of Automated Guided Vehicles Market

Chapter 12: Research Conclusions of Global Automated Guided Vehicles Market

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