Market Research Report
Global Automated Guided Vehicle (AGV) Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||956722|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Automated Guided Vehicle (AGV) Market 2020-2024|
|Published: August 27, 2020||Content info: 120 Pages||
Technavio has been monitoring the automated guided vehicle market and it is poised to grow by $ 1.19 bn during 2020-2024 progressing at a CAGR of 10% during the forecast period. Our reports on automated guided vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rapid growth in e-commerce retail, growing adoption of automation in manufacturing process, and need to improve warehouse operational efficiency. In addition, rapid growth in e-commerce retail is anticipated to boost the growth of the market as well.
The automated guided vehicle market analysis includes product segment and geographical landscapes.
Technavio's ‘automated guided vehicle market ’ is segmented as below:
By Geographic Landscape:
This study identifies the growing adoption of industry 4.0 as one of the prime reasons driving the automated guided vehicle market growth during the next few years. Also, rising warehouse automation and growing applications of AGVS in refrigerated warehousing and semiconductor industries will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automated guided vehicle market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automated guided vehicle market vendors that include Daifuku Co. Ltd., Hitachi Ltd., Hyster-Yale Materials Handling Inc., John Bean Technologies Corp., KION GROUP AG, KUKA AG, Murata Machinery Ltd., Seegrid Corp., SSI SCHAEFER Group, and Toyota Industries Corp. Also, the automated guided vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.