Global Automated Guided Vehicle System (AGVs) Market

Introduction of Automated Guided Vehicle Market Report

The global world found to be very consistent in adaption and implementation of the new technological based solution for higher productivity. Automated guided vehicle system is a material handling system which are powered by on board battery, that are being operated independently with the specified pathways. In a typical operation AGVs are responsible to deliver the parts that further being machined on the different workstations as per the requirements.

The global market trend changed with the demand of better technological solution for the logistics and material handling issues. Automated guided vehicle system being an effective solution for the enhanced and effective material handling capability with minimised error chances. Increase in the demand of the safety concerns at workplace and sustainable improvement in the overall supply chain processes acts as a major growth driving factor. In addition, automated guided vehicles enhance the capability of the reduction in operating cost, which further acts as a growth propelling factor for AGVs market. The major restraining factor responsible for the automated guided vehicles is the initial cost associated with it. Also, the reduction in the flexibility of the operational capability being a major growth hindrance factor associated with Global Automated Guided Vehicle System.

Various notable players operating in the market, include Daifuku, Toyota Industrial, Hyster-Yale Materials Handling, Kollmorgen (US), Hyster-Yale Materials Handling, Inc., SSI Schaefer, E&K Automation GmbH, Bastian Solutions, Inc., JBT Corporation, Oceaneering AGV Systems etc.

The global Automated Guided Vehicle System (AGVs) Market has been segmented on the basis of type, application, end-use, and key geographies. Based on product type, the market comprises of driverless trains, pallet trucks and unit load carriers. The research report “Automated Guided Vehicle System (AGVs) Market” provides in-depth analysis of global Automated Guided Vehicle System (AGVs) Market based on type, application, end-use and major geographies for the forecast period from 2019 to 2026. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Automated Guided Vehicle System (AGVs) Market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1- At what pace is Automated Guided Vehicle System (AGVs) market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Automated Guided Vehicle System (AGVs) market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
• By Type Revenue Forecast till 2026
• Driverless trains
• Pallet trucks
• Unit load carriers

• By Application Type Revenue Forecast till 2026
• Shop Floor Control
• Assembly Line
• Others

• By End Use Revenue Forecast till 2026
• Automotive
• Process Industry
• Defence Systems
• Electrical & Electronics
• Others

By Geography
• North America
As a part of customization
o By type
o By Application
o By End use
o US
o Canada
o Mexico

• Europe
As a part of customization
o By type
o By Application
o By End use
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By type
o By Application
o By End use
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of customization
o By type
o By Application
o By End use
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Daifuku
• Toyota Industrial
• Kollmorgen (US)
• Hyster-Yale Materials Handling, Inc.
• SSI Schaefer
• E&K Automation GmbH
• Bastian Solutions, Inc.
• JBT Corporation
• Oceaneering AGV Systems etc.