Automated Guided Vehicle Market 2022 Size, Dynamics & Forecast Report

COVID-19 Impact Analysis on Automated Guided Vehicle Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automated guided vehicle market include Swisslog Holding AG, Dematic, Bastian Solutions Inc., Daifuku Co. Ltd., JBT, Seegrid Corporation, Toyota Industries Corporation, Hyster-Yale Materials Handling Inc., BALYO, E&K Automation GmbH, Kollmorgen, KMH Fleet Solutions, ELETTRIC80 S.P.A., Fetch Robotics Inc., inVia Robotics, Inc., Locus Robotics, Schaefer Systems International Inc., System Logistics Spa, Scott. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The demand for automated guided vehicles is scaling up due to the need for contactless and adequate logistics infrastructure. The rise in demand for automation in various industries and the increase in safety accuracy and productivity drive the growth of the automated guided vehicle market. Companies realize that automated devices reduce labor costs, which leads to higher profit margins. In addition, automated guided vehicles increase the efficiency and precision of the workforce. This leads to an upsurge in demand for automated guided vehicles. However, the high initial cost is one of the significant drawbacks of the automated guided vehicles market. Another drawback faced by the automated guided vehicles market is the lack of flexibility.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automated guided vehicle. The growth and trends of automated guided vehicle industry provide a holistic approach to this study.

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Market Segmentation

This section of the automated guided vehicle market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Vehicle Type

  • Tow Vehicle
  • Unit Load Carrier
  • Pallet Truck
  • Forklift Truck
  • Hybrid Vehicles
  • Others

By Navigation Technology

  • Laser Guidance
  • Magnetic Guidance
  • Vision Guidance
  • Inductive Guidance
  • Natural Navigation
  • Others

By Application

  • Logistics And Warehousing (Transportation, Cold Storage, Wholesale & Distribution, Cross-Docking)
  • Assembly
  • Packaging
  • Trailer Loading And Unloading
  • Raw Material Handling
  • Others

By End-Use Industry

  • Manufacturing Sector (Automotive, Aerospace, Electronics, Chemical, Pharmaceuticals, Plastics, Defense, FMCG, Tissue, Others)
  • Wholesale And Distribution Sector (E-Commerce, Retail Chains/Conveyance Stores, Grocery Stores, Hotels And Restaurants)

By Component

  • Hardware
  • Software
  • Service

By Battery Type

  • Lead Battery
  • Lithium-Ion Battery
  • Nickel-Based Battery
  • Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Automated Guided Vehicle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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