“The Automated Guided Vehicles (AGV) market is valued at $2bn in 2019” says new Visiongain report

04 December 2018
Automotive

Visiongain has launched a new automotive report Automated Guided Vehicles (AGV) Market Report 2019-2029: Forecasts by Application (Transportation, Distribution, Storage, Assembly, Packaging, Others), by Battery Type (Lead, Nickel-Based, Lithium-Ion, Others), by Industry (Automotive, Manufacturing, Food & Beverage, Aerospace, Healthcare, Logistics, Retail, Others), by Type (Unit Load Carrier, Forklift Truck, Tow Vehicle, Pallet Truck, Assembly Line Vehicle, Others) and by Navigation Technology (Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Optical Tape Guidance, Others) PLUS Profiles of the Leading Companies and Regional and Leading National Market Analysis

AGVs are fully automatic transport systems that use driverless vehicles to safely transport all kinds of products without human intervention. These systems are used within various industries, such as automotive, manufacturing, food & beverages, aerospace, healthcare, logistics, and retail, among others for transporting products. Advancements in the technologies, and evolution of control programming and navigation systems used in the AGV systems have led to their smooth functioning in various industries. The companies dealing in the AGV systems are continuously involved in R&D activities to manufacture more advanced AGVs.

The Visiongain report analyst commented "The growth of the global Automated Guided Vehicles market is fuelled by factors, such as advancements taking place in the automation, increased emphasis on the workplace safety and productivity, and growing number of initiatives taken by various governments to track material handling processes in various processes and manufacturing industries. The market is further driven by the ongoing industrial developments in the emerging economies of the Middle East and Asia-Pacific regions."

Leading companies featured in the report who are developing automated guided vehicles include Daifuku, EK Automation, Hyster-Yale Materials Handling, JBT Corporation, Kion Group, Kollmorgen, KUKA, Seegrid Corporation, SSI Schafer, Toyota Industries, Dematic, Mecalux, S.A, Murata Machinery Ltd. and Vanderlande Industries Holding B.V.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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