Automated Guided Vehicle Market Set to Reach USD 13.52 Billion by 2027 with a 16.6% CAGR | Allied Market Research
Global Automated Guided Vehicle Demand
PORTLAND, OREGAON, UNITED STATES, January 19, 2024 /EINPresswire.com/ -- Allied Market Research published a report on the global automated guided vehicle market. The report indicates that the market generated $5.21 billion in 2019 and is expected to garner $13.52 billion by 2027 with 16.6% CAGR throughout the forecast timeframe of 2020 to 2027.
The report also emphasizes the prime determinants of growth of the market including driving factors, restraints, and factors providing potential growth opportunities. The global automated guided vehicle market is expanding rapidly due to growing and robust demand for automation and automated guided vehicles (AGVs) across various industries, reduction of labor costs within organizations, and enhanced safety, precision, and productivity. However, high investment cost and limited flexibility of AGVs restrain the market growth to some extent. Nevertheless, integration of industry 4.0 will offer ample growth opportunities in the forthcoming years.
饾悜饾悶饾惇饾惍饾悶饾惉饾惌 饾悞饾悮饾惁饾惄饾惀饾悶 饾悘饾悮饾悹饾悶饾惉 - https://www.alliedmarketresearch.com/request-sample/962
饾悁饾悰饾惃饾惍饾惌 饾悮饾惍饾惌饾惃饾惁饾悮饾惌饾悶饾悵 饾悹饾惍饾悽饾悵饾悶饾悵 饾惎饾悶饾悺饾悽饾悳饾惀饾悶饾惉 :
Occasionally referred to as self-navigating vehicles or self-directed vehicles, automated guided vehicles (AGVs) are transport systems or load conveyors that operate independently within a warehouse, distribution center, or manufacturing facility, devoid of an onboard operator or driver.
AGVs provide remarkable traceability once a product is loaded onto one, minimizing instances of misplaced products. In environments where labor costs tend to fluctuate rapidly due to various factors, an automated guided vehicle system offers predictability in terms of costs and can adapt its path as production and handling requirements evolve.
Furthermore, AGVs address accessibility challenges posed by conveyor systems and demand less space compared to traditional forklifts, enabling the use of narrower aisles and thereby expanding storage capacity within a facility. AGV systems can also automate the processes of battery charging and handling, effectively reducing wear on components.
饾悁饾惄饾惄饾惀饾悽饾悳饾悮饾惌饾悽饾惃饾惂饾惉 饾惃饾悷 饾悮饾惍饾惌饾惃饾惁饾悮饾惌饾悶饾悵 饾悹饾惍饾悽饾悵饾悶饾悵 饾惎饾悶饾悺饾悽饾悳饾惀饾悶饾惉 :
AGVs have applications in a diverse range of scenarios, frequently being employed for the transportation of raw materials like metal, plastic, rubber, or paper. For instance, AGVs can efficiently move raw materials from the receiving area to the warehouse, or they can directly supply materials to production lines. AGVs consistently and dependably deliver the necessary raw materials without the need for human intervention, thereby guaranteeing uninterrupted access to essential materials for production lines.
AGVs are employed not only for transporting raw materials but also find application in work-in-progress scenarios and for handling finished goods, thereby providing valuable support to production and manufacturing lines.
饾悞饾悶饾悹饾惁饾悶饾惂饾惌饾悮饾惀 饾悮饾惂饾悮饾惀饾惒饾惉饾悽饾惉 饾惃饾悷 饾惌饾悺饾悶 饾悹饾惀饾惃饾悰饾悮饾惀 饾悮饾惍饾惌饾惃饾惁饾悮饾惌饾悶饾悵 饾悹饾惍饾悽饾悵饾悶饾悵 饾惎饾悶饾悺饾悽饾悳饾惀饾悶 饾惁饾悮饾惈饾悿饾悶饾惌 :
The global automated guided vehicle market is segmented on the basis of type, navigation technology, application, industry, mode of operation, and region.
饾悂饾惒 饾惌饾惒饾惄饾悶 :
路 Forklift trucks
路 Assembly line vehicles
路 Pallet trucks
路 Unit load carriers
路 Tow vehicles
饾悘饾惈饾惃饾悳饾惍饾惈饾悶 饾悅饾惃饾惁饾惄饾惀饾悶饾惌饾悶 饾悜饾悶饾惉饾悶饾悮饾惈饾悳饾悺 饾悜饾悶饾惄饾惃饾惈饾惌 - https://www.alliedmarketresearch.com/automated-guided-vehicle-market/purchase-options
饾悂饾惒 饾惂饾悮饾惎饾悽饾悹饾悮饾惌饾悽饾惃饾惂 饾惌饾悶饾悳饾悺饾惂饾惃饾惀饾惃饾悹饾惒 :
路 Vision guidance
路 Optical tape guidance
路 Inductive guidance
路 Magnetic guidance
路 Laser guidance
路 Others
饾悂饾惒 饾悮饾惄饾惄饾惀饾悽饾悳饾悮饾惌饾悽饾惃饾惂 :
路 Waste handling
路 Packaging
路 Assembly
路 Storage
路 Distribution
路 Transportation
饾悂饾惒 饾悎饾惂饾悵饾惍饾惉饾惌饾惈饾惒 :
路 Retail
路 Logistics
路 Healthcare
路 Aerospace
路 Food & beverages
路 Manufacturing
路 Automotive
路 others
饾悂饾惒 饾惁饾惃饾悵饾悶 饾惃饾悷 饾惃饾惄饾悶饾惈饾悮饾惌饾悽饾惃饾惂 :
路 Outdoor
路 Indoor
饾悎饾惂饾惇饾惍饾悽饾惈饾惒 饾悂饾悶饾悷饾惃饾惈饾悶 饾悂饾惍饾惒饾悽饾惂饾悹 - https://www.alliedmarketresearch.com/purchase-enquiry/962
Every segment and sub-segment undergo an exhaustive analysis, bolstered by both tabular and graphical presentations. This thorough evaluation provides market participants with an understanding of the most revenue-generating segments and the key factors propelling their growth. It also assists in pinpointing the segments experiencing the fastest growth, thereby enabling the development of robust, long-term growth strategies.
饾悞饾悽饾惁饾悽饾惀饾悮饾惈 饾悜饾悶饾惄饾惃饾惈饾惌饾惉 饾悗饾惂 饾悁饾惍饾惌饾惃饾惁饾惃饾惌饾悽饾惎饾悶 饾悎饾惂饾悵饾惍饾惉饾惌饾惈饾惒:
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David Correa
Allied Market Research
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