“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.

Recent News

Visiongain Publishes Automotive Fuel Cell Market Report 2020-2030

The automotive fuel cell market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of automotive fuel cell.

09 June 2020

Read

“Predictive Vehicle Technology market driven by technological advancements is set to grow to US$132.54 billion by 2030” says new Visiongain report

Visiongain forecasts that between 2020 to 2030, the automotive industry will change drastically owing to the introduction of new technologies such as vehicle telematics, artificial intelligence, connected cars and autonomous vehicles.

27 May 2020

Read

“Electric Vehicle Supply Equipment market worth $2,300 million in 2019” says Visiongain report

Automakers are responding to customer demand and are developing more EV models, including both plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), that are increasingly cost-competitive with internal combustion engines. In addition, customers are purchasing EVs in record numbers, and electric companies are working with stakeholders to move the EV infrastructure market forward.

18 May 2020

Read

“Automotive Composites Market Worth $10.1 billion in 2020” says new Visiongain report

Rising demand for fuel-efficient vehicles and increasing production of lightweight automobile components are the factors anticipated to prompt manufacturers to opt for backward integration in the value chain.

02 May 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever