Automated Guided Vehicle Market
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Published By: Syndicate <strong>Market</strong> Research<br />
Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>– Size<br />
Share 2016 – 2024<br />
Joel John<br />
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<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong><br />
The automated guided vehicle is a driverless, self-operated, computer-controlled vehicle. It is<br />
integrated with collision avoidance and guidance system that can transfer tools and materials<br />
from one place to another, that without no human intervention. These vehicles are long-lasting<br />
and are easy to operate. These vehicles are also more reliable than humans, thus making them<br />
more popular in the industry.<br />
Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Growth Factors<br />
The global market for automated guided vehicles is likely to witness a boost in the industry in<br />
the near future. The increased use of advanced technology in the automated guided vehicle is the<br />
key reason behind the elevation of the global market. In addition to this, the high reliability of<br />
the vehicle is boosting the global automated guided vehicles market. Additionally, low cost for<br />
the maintenance is one of the factors towering the growth of the global market. High demand for<br />
the vehicles in the industry is also a significant factor that is driving the global automated guided<br />
vehicles market.<br />
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<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong><br />
On the other hand, the high cost of the ownership of these vehicles is the main reason that is<br />
hampering the global automated guided vehicles market. Moreover, the lack of job opportunities<br />
in the global market due to automation technology is hindering the growth of the global market.<br />
Besides this, the growing unawareness among the people about the advantages of these vehicles<br />
is a significant reason for restraining the growth of global automated guided vehicles market.<br />
Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Segmentation<br />
Based on types, the global automated guided vehicle market is mainly classified as the tow<br />
vehicle, unit load carrier, assembly line vehicle, pallet truck, and others.<br />
On the basis of navigation technology, the global market is segmented into magnetic guidance,<br />
as guidance, optical tape guidance, inductive guidance, and others.<br />
Based on the type of battery, the global automated guided vehicle market is mainly divided as<br />
nickel-based, lead, lithium-ion, and others.<br />
On the basis of industry, the global market is bifurcated into manufacturing, automotive,<br />
aerospace, food & beverage, logistics, healthcare, retail, and others.<br />
Based on applications, the global automated guided vehicle market is mainly classified as<br />
distribution, transportation, assembly, storage, packaging, and others.<br />
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<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong><br />
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Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Regional Analysis<br />
The global automated guided vehicle market is geographically segmented into Asia-Pacific,<br />
North America, and Rest of the World. The increase in the demand for the vehicles in the states<br />
of the U.S. and Canada is boosting the global market in North America. Increased awareness of<br />
the advantages of the automated guided vehicle is the main reason for the elevation of the global<br />
automated guided vehicle market in countries such as India and China. The rest of the world is<br />
likely to show a moderate growth in the global market in the near future.<br />
Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Competitive Players<br />
Key players in the global automated guided vehicle market are Daifuku Co. Ltd., Bastian<br />
Solutions LLC, Egemin Automation Inc., Dematic GmbH & Co. KG, Hyster-Yale Materials<br />
Handling Inc., EK Automation, Swisslog Holding AG, JBT Corporation, Seegrid Corporation,<br />
and Toyota Industrial Equipment.<br />
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<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong><br />
Global <strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Competitive Players<br />
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North America<br />
o U.S.<br />
Europe<br />
o UK<br />
o France<br />
o Germany<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
Latin America<br />
o Brazil<br />
Middle East & Africa<br />
What Reports Provides<br />
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Full in-depth analysis of the parent market<br />
Important changes in market dynamics<br />
Segmentation details of the market<br />
Former, on-going, and projected market analysis in terms of volume and value<br />
Assessment of niche industry developments<br />
<strong>Market</strong> share analysis<br />
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<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong><br />
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Key strategies of major players<br />
Emerging segments and regional markets<br />
Testimonials to companies in order to fortify their foothold in the market<br />
Browse the full “<strong>Automated</strong> <strong>Guided</strong> <strong>Vehicle</strong> <strong>Market</strong>: Global Industry Analysis,<br />
Size, Share, Growth, Trends, and Forecasts 2016–2024"report<br />
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