Market Research Report
Automated Guided Vehicle Market: By Navigation (Laser, Magnet, Wire, Others), By Use (Kitting, Staging, Order Picking, Others), By Application (Automotive, Food and Beverage, Manufacturing, Warehousing and Distribution, Others)-Forecast 2019-2024
|Published by||IndustryARC||Product code||819836|
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|Automated Guided Vehicle Market: By Navigation (Laser, Magnet, Wire, Others), By Use (Kitting, Staging, Order Picking, Others), By Application (Automotive, Food and Beverage, Manufacturing, Warehousing and Distribution, Others)-Forecast 2019-2024|
|Published: December 29, 2018||Content info:||
Automated Guided Vehicles (AGVs) are autonomous mobile robotic driverless vehicles employed in industries for material handling. The first AGV was developed by A.M. Barrett, Jr. in 1954 which navigated by following wires mounted in factory ceiling. This was employed in his industry, Barrett Electronics. Now the technology is developed to perform multiple tasks and equipped with 3D vision guidance system. With the introduction and development of industry automation or Computer Integrated Manufacturing (CIM) in the modern era these found a major place in manufacturing industries and distribution centers.
Nowadays battery-less AGV is gaining the market due to battery free operation and relief from charging. These AGVs can work for longer shifts without compromise in their efficiency and reliability. Thereby, increasing the Return on Investment (RoI) and decreasing operational costs. Few AGV OEMs are developing and manufacturing products with voice directed picking system that enables them to take order on floor and perform the tasks accordingly.
The key application of AGVs include: parts-to-line, kitting/picking, end of line, replenishment, staging/sortation, cross docking, trash removal and so on. The AGVs are instructed with parameters like product name, delivery spot, route, quantity of delivery and so on. These instructions are then handled by logistics system and correspondingly the task is performed by them. The market is further segmented based on navigation/guidance, vehicle type and end user industries. Navigation vertical is further categorized into laser guidance, magnetic guidance, inductive guidance, GPS and 3D vision guidance. vehicle type includes: forklifts/pellet, tow, clamp, unit load and a few more.
The end user industries include: Automotive Industry, Manufacturing Industry, Chemical and Pharmaceutical Industries, Aerospace Industry, Paper Industry, Food and Beverage Industry, Warehousing/distribution and so on. Major players manufacturing AGVs are profiled in the report with company overview, financial overview, business strategies, product portfolios, recent developments and market shares.
ABB Ltd.( Switzerland),
Egemin Automation Inc.(U.S),
Rockwell Automation, Inc.(U.S),
America In Motion, Inc.(U.S),
Swisslog Holding AG(Germany).
More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"