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(I-AutoNewsWire.com, October 11, 2018 ) The "Global Automated guided vehicle Market Analysis to 2025" is a specialized and in-depth study of the automated guided vehicle industry with a focus on the global market trend. The report aims to provide an overview of global Automated guided vehicle market with detailed market segmentation on the basis of technology, type, vehicle type, end user, and geography. The global automated guided vehicle market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Automated guided vehicle (AGV) or self-guided vehicle comprise of transport systems to perform the functions without guidance from driver. These vehicles are installed in varied industries to contribute in the process of packaging, assembly of products, distribution, and storage. Increasing demand for material handling and other business processes in automobile, manufacturing, warehouse stations, healthcare, food & beverage industries, demand for AGV is also rising. In addition to this, with an aim to increase efficiency, lower the rate of damage goods, as well as cut down the additional costs by restricting number of workforce required to complete the task. These factors are impacting a positive result for the growth of automated guided vehicle market.
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However, price indulge in installation, maintenance, and repair of AGV is high which increases the overhead structure of the business and reduces profitability. On the other hand, rise in the number of e-commerce players and their attempt to position themselves differently by adopting AGV in warehouses to automate all the business functions in less time restraint is anticipated to grow the automated guided vehicle market with ample of opportunities in the forthcoming period.
Top Dominating Key Players:
1. Egemin Automation Inc.
2. Daifuku Co., Ltd.
3. Hyster-Yale Materials Handling, Inc.
4. Kion Group AG
6. JBT Corporation
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automated guided vehicle market based on technology, type, vehicle type, and end user. It also provides market size and forecast till 2025 for overall automated guided vehicle market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Also, key automated guided vehicle market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reasons to buy this report:
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
The Insight Partners