by The latest research report by Astute Analytica on the global Automated Guided Vehicle Market combines various factors so that readers can achieve a greater level of understanding. It includes thorough insights into the industry during the analysis time frame.
The global Automated Guided Vehicle Market value was US$ 2,931.8 million in 2020. The global Automated Guided Vehicle Market is forecast to reach a valuation of US$ 5,519.1 million by 2027 by registering a compound annual growth rate (CAGR) of 10.3% during the forecast period from 2021-2027.
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This analysis of the global Automated Guided Vehicle Market explains the extraordinary events that can lead the market growth in the future. Moreover, it includes the study on the market players, growth opportunities, COVID-19 impact, segments, and the forecast value of the market. In addition, it throws light on other noteworthy factors, such as geographical contribution, etc.
This entire industry overview is established on verified data and statistics, based on excellent primary and secondary sources like SWOT analysis. This research paper contains graphs and other pictorial representations to enhance the understanding of the readers. Moreover, it encompasses the beginning to end scenario, including the historical factors, current state, and future forecast. In addition, it examines the latest events, press releases, together with past innovations and other important events.
This study on the global Automated Guided Vehicle Market is the best choice for all businesses connected to the market or planning to connect. Be it, industry players, investors, start-ups, or other thriving businesses, the report systematically draws attention to every minor factor. It helps readers identify and track the role of other emerging players. Moreover, it can guide the connected members to plan their investments, expand their portfolios, and create other plans by acknowledging the future potential.
Regional Analysis
A section of the research report is dedicated to the overview of the global Automated Guided Vehicle Market on the basis of region. This study by Astute Analytica classifies the potential contributors, together with other participatory regions and their influence. For better understanding, it has briefly analyzed the countries and their historical, present, and expected contribution to the industry.
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COVID-19 Impact Analysis
The COVID-19 pandemic emerged as a notable economic challenge for various countries, including China, India, the United States, Brazil, etc.
Amid the growing concerns regarding the deadly virus, several industries recorded potential growth. Meanwhile, several markets registered an abrupt decline.
Social distancing, import-export problems, lockdown regulations disrupted the connection between traders and consumers. Apart from that, it transformed the user’s interest and preference which altered the entire outlook.
This study analysis on the global Automated Guided Vehicle Market integrates the effect of the COVID-19 epidemic on the industry. It mentions evident statistics and data along with the size. In addition, it highlights a thorough version of the factors accountable for the forecasted growth and decline during the pandemic period.
Readers can recognize the complete situation of the industry and expected recovery potential by reading this report.
The Outline of the Report:
While developing the Automated Guided Vehicle Market report, the market segmentation focuses on segments By Product Type, By Battery Type, By Navigation Technology, By Application, By End-user Industry, and the region. The segmentation provided the basis for identifying companies and analyzing their financial positions, product ranges, and growth prospects. The next step involved studying the core competencies and market shares of leading players in order to predict the degree of competition. The overall size of the market was determined using a bottom-up approach.
Leading Competitors
The prominent companies mentioned in the global Automated Guided Vehicle Market report are:
Balyo, Bastian Solutions Inc., Daifuku Co., Ltd., Dematic, E&K Automation Gmbh, Elettric80 S.P.A., Fetch Robotics, Inc., Hyster-Yale Materials Handling, Inc., Invia Robotics Inc., Kmh Fleet Solutions, Kollmorgen, Locus Robotics, Schaefer Systems International, Inc., Scott., Seegrid Corporation, Swisslog Holding AG, System Logistics Spa, Toyota Industries Corporation, Swisslog Holding AG., Other Prominent Players.
Market Segmentation
The global Automated Guided Vehicle Market is segmented on the basis of By Product Type, By Battery Type, By Navigation Technology, By Application, By End-user Industry.
By Product Type
- Tow-Vehicles
- Unit Load Carriers
- Pallet Trucks
- Assembly Line Vehicles
- Forklift Vehicles
- Others
By Battery Type
- Lithium-Ion Battery
- Nickel-based Battery
- Others
By Navigation Technology
- Laser Guidance
- Magnetic Guidance
- Inductive Guidance
- Optical Tape Guidance
- Vision Guidance
- Others
By Application
- Logistics and Warehousing
- Transportation
- Cold Storage
- Wholesale & Distribution
- Others
- Assembly
- Packaging
- Trailer Loading and Unloading
- Raw Material Handling
- Others
By End-user Industry
- Manufacturing Sector
- Automotive
- Electronics
- Pharmaceuticals
- FMCG
- Others
- Wholesale and Distribution Sector
- E-commerce
- Retail Chains/Conveyance Stores
- Grocery Stores
- Hotels and Restaurants
About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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