Automated Guided Vehicle Market To Grow at a Staggering CAGR of 13% By 2027

Astute Analytica’s analysis of the Automated Guided Vehicle Market is a comprehensive look at the current state of this business vertical and provides a brief description of its segmentation. In addition to an accurate prediction of the market scenario over the forecast period, the report also provides market size estimation based on sales volume and valuation. The study highlights the top companies comprising the competitive landscape of the Automated Guided Vehicle market, as well as the geographical areas to which the industry extends its reach, in a comprehensive analysis.

There has been considerable growth in the Automated Guided Vehicle market over the last couple of decades. Moreover, a higher share of the revenue from the market is expected to influence the global economic structure with a more vigorous growth during the forecast period, according to the report.

The global Automated Guided Vehicle market is valued at 80 million by the end of 2027, growing at a CAGR of  13% during 2021-2027.

 

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An in-depth global Automated Guided Vehicle market report titled ‘Automated Guided Vehicle Market Research Report – By Manufacturers, Product Type, Applications, Region and Forecast to 2021-2027’ was recently added to the library of market research reports that provide past and present analytics as well as statistics regarding the Automated Guided Vehicle market. In the report, the economic and regulatory factors that are shaping the market’s growth trajectory are discussed in detail, as are the regional segmentation of the global Automated Guided Vehicle market, and the value and supply chains of the market.

Factors Impacting the Global Automated Guided Vehicle Market

 Growing disposable incomes, growing product demand, innovative products, and affluent raw materials are driving the growth rate of the market, which has the potential to impact its peers and parent market.

Impact of Covid-19: the Automated Guided Vehicle Market

 

  • Automated Guided Vehicle Market report discusses the impact Coronavirus (Covid-19) is having on the Automated Guided Vehicle industry.
  • In the wake of the outbreak of the Covid-19 virus in December 2019, several countries around the globe have been affected, prompting the World Health Organization to declare a public health emergency. Globally, the Coronavirus disease has already started to affect the Automated Guided Vehicle market and has a huge impact on this sector.
  • Flight cancellations, travel bans, quarantines, restaurant closures, blackouts of indoor events, emergency declarations in many countries, the unpredictability of stock markets, falling business confidence, growing panic among the population, and an uncertain future have all been impacted.

Regional Analysis: The Automated Guided Vehicle Market

Global market growth rate, size, and forecasts are included in the report along with the following geographic areas: Europe, Asia Pacific, Latin America, Middle East & Africa, and North America.

A regional growth report seeks to describe and analyze various factors affecting a region’s growth, including economic, environmental, social, and technological factors. The analysts studied each region’s revenue, production, and producers. Throughout the forecast period, revenues and volumes for the regions are examined.

Aim of the Report: The Automated Guided Vehicle Market:

 This report explores the factors that are changing the market segments.

By Product Type

  • Tow-Vehicles
  • Unit Load Carriers
  • Pallet Trucks
  • Assembly Line Vehicles
  • Forklift Vehicles
  • Others

By Battery Type

  • Lithium-Ion Battery
  • Nickel-based Battery
  • Others

By Navigation Technology

  • Laser Guidance
  • Magnetic Guidance
  • Inductive Guidance
  • Optical Tape Guidance
  • Vision Guidance
  • Others

By Application

  • Logistics and Warehousing
    • Transportation
    • Cold Storage
    • Wholesale & Distribution
    • Others
  • Assembly
  • Packaging
  • Trailer Loading and Unloading
  • Raw Material Handling
  • Others

By End-user Industry

  • Manufacturing Sector
    • Automotive
    • Electronics
    • Pharmaceuticals
    • FMCG
    • Others
  • Wholesale and Distribution Sector
    • E-commerce
    • Retail Chains/Conveyance Stores
    • Grocery Stores
  • Hotels and Restaurants

Key Players: the Automated Guided Vehicle Market:

 Automated Guided Vehicle Market report provides insights into a number of key markets

Balyo, Bastian Solutions Inc., Daifuku Co., Ltd., Dematic, E&K Automation Gmbh, Elettric80 S.P.A., Fetch Robotics, Inc., Hyster-Yale Materials Handling, Inc., Invia Robotics Inc., Kmh Fleet Solutions, Kollmorgen, Locus Robotics, Schaefer Systems International, Inc., Scott., Seegrid Corporation, Swisslog Holding AG, System Logistics Spa, Toyota Industries Corporation and Swisslog Holding AG.

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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Infographic Details: www.astuteanalytica.com/industry-report/infographic/automated-guided-vehicle-market

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