The latest report from business intelligence provider Visiongain offers comprehensive company analysis of the top 20 automated guided vehicle companies operating within the $2bn AGV market space.

The report quantifies the market share %, revenues and ranking of the top 20 automated guided vehicle (AGV) companies within the AGV market space.

The lead analyst of the report said: "the AGV market will exhibit noteworthy growth, with strong opportunities for companies in the regions of the Asia-Pacific and the Middle East. There are many factors which place the AGV (Automated Guided Vehicle) at the centre of most countries’ response frameworks. The first among these is the rate of technological advancement that is currently occurring throughout the developed and developing world alike, with organisations and communities’ becoming increasingly connected digitally and converging towards what is known as industrial automation. This proliferation of automation in industries has had many positive effects on manufacturing and other sectors like healthcare & retail, with greater returns in economic efficiency and operational capability, yet it has also been accompanied by a reduction in the time and effort needed to manage all the material handling procedures, and conduct activities like lifting, assembly and packaging."

The report contains 50 tables, charts and graphs that add visual analysis in order to explain the competitive landscape within the AGV market.

Automated guided vehicles (AGV) are the robotics & driverless machines that are used for transportation of loads and implemented in places where cyclic movements of material is needed with minimum or no human interference. The technology caters to the mitigation of high labour cost in industries. Furthermore, as high labour cost have become a preliminary challenge across industries in recent years, this has compelled the manufacturers to obtain decisive solutions to remain competitive in the market. AGVs are automated unmanned systems that transport every type of logistic amid distribution, warehouse and logistics environments, which in response reduces cost and allows multiplies efficiency and increased profitability. However, the high initial set-up cost can act as hindrance to the industry growth hence, limiting AGV applications to SMEs and large enterprise.

The report will prove invaluable for anyone wanting to better understand the leading 20 players in the AGV industry and to learn about its underlying dynamics. It will prove useful for businesses who wish to expand into different sectors or explore a new region for expansion of their existing operations. The report comprehensively lays out the product offerings, technologies, investments, risks trends, of leading companies and their strategies to help the reader formulate a better informed business strategy.

Companies featured in the report include Bastian Solutions, Daifuku Co., Ltd., Dematic, Hyster & Yale, JBT, Jungerech, KION, Konecranes, Kuka, Mecalux, S.A., Murata Machinery, Ltd., Schaefer Holding International GmbH, Seegrid, Swisslog, TGW Logistics Group GmbH, Toyota Motor Corporation, Transbotics, Universal Robots, Vanderlande Industries, Yokogawa

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 conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house 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.