Automated guided vehicle (AGV) or self-guided vehicle comprise of transport systems to perform the functions without guidance from driver. These vehicles are installed in varied industries to contribute in the process of packaging, assembly of products, distribution, and storage. Increasing demand for material handling and other business processes in automobile, manufacturing, warehouse stations, healthcare, food & beverage industries, demand for AGV is also rising. In addition to this, with an aim to increase efficiency, lower the rate of damage goods, as well as cut down the additional costs by restricting number of workforce required to complete the task. These factors are impacting a positive result for the growth of automated guided vehicle market.
However, price indulge in installation, maintenance, and repair of AGV is high which increases the overhead structure of the business and reduces profitability. On the other hand, rise in the number of e-commerce players and their attempt to position themselves differently by adopting AGV in warehouses to automate all the business functions in less time restraint is anticipated to grow the automated guided vehicle market with ample of opportunities in the forthcoming period.
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The List of Companies
1. Egemin Automation Inc.
2. Daifuku Co., Ltd.
3. Hyster-Yale Materials Handling, Inc.
4. Kion Group AG
6. JBT Corporation
7. Toyota Industries Corporation
8. Balyo Inc.
9. Amerden Inc.
10. Murata Machinery, Ltd.
The latest research report on the “Automated Guided Vehicles (AGV) Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Automated Guided Vehicles (AGV) market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Automated Guided Vehicles (AGV) market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Automated Guided Vehicles (AGV) Market in order to help decision makers with various strategic insights and future outlook. The Automated Guided Vehicles (AGV) market is expected to witness continued growth during the forecast period from 2020 to 2027.
This is a professional and in-depth study on the current state of the Automated Guided Vehicles (AGV) Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Automated Guided Vehicles (AGV) Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Automated Guided Vehicles (AGV) Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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