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Automated Guided Vehicles (AGVs) Market: By End User, Commercial, Outdoor, Regional Analysis and Forecast 2022-2028

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Automated Guided Vehicles (AGVs) Market was estimated at USD 1.87 billion in 2021, and is projected to reach USD 2.99 billion by 2028, growing at a CAGR of 6.9%.

Automated guided vehicles are self-guided material handling systems or load carriers that can travel autonomously across distribution centers, warehouses, or manufacturing facilities without any onboard operator and with the help of sensors that are installed in them. In recent years, supply chain management has witnessed automation in form of automated guided vehicles such as forklifts, automated stackers, small rack-carrying robots, and pallet trucks. In addition, these vehicles are programmed to perform some tasks by using machine learning and deep learning, which are the safest alternatives for material handling by personnel.

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The global Automated Guided Vehicles (AGVs) Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Automated Guided Vehicles industry.

Segmentation of Automated Guided Vehicles (AGVs) Market: -

By Type         

  • Tow Vehicles
  • Unit Load Carriers
  • Pallet Trucks
  • Assembly Line Vehicles
  • Others

By Navigation Technology  

  • Laser Guidance
  • Magnetic Guidance
  • Inductive Guidance
  • Others

By Application          

  • Logistics warehousing
  • Assembly
  • Packaging
  • Raw material handling
  • Others

 By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Leading Key Players Covered Automated Guided Vehicles (AGVs) Market: -

  • JBT Corporation
  • Kuka AG
  • Daifuku Co Ltd
  • Kion Group AG
  • Omron Adept Technologies INC
  • AGVE Group Inc
  • Murata Machinery
  • Transbotics Corporation
  • Oceaneering International Inc
  • Seegrid Corporation
  • Murata Machinery
  • SSI Schaefer
  • AVT Europe NV
  • Cassioli Srl
  • Toyota Industries Corporation
  • Robotnik
  • Kollmorgen
  • EK Automation GMBH
  • BEUMER Group GmbH Co KG
  • Mecalux
  • A
  • Bastian Solutions Inc.and other major players.

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Effect of COVID-19 on the Automated Guided Vehicles (AGVs) Market: -

Many organizations suffered losses due to shut down of business activities when governments around the world imposed a nationwide lockdown to control the spread of the epidemic. The pandemic has resulted in a sharp decline in manufacturing profits and revenues. Downsizing, resulting in an overall loss in manufacturing activities. SMEs (small and medium-sized enterprises) are hardest hit due to significant layoffs, financial crises, and emigration.

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Report Includes Competitor's Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures and Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

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https://introspectivemarketresearch.com/reports/remotely-operated-vehicles-rovs-market/

https://introspectivemarketresearch.com/reports/connected-vehicles-market/

https://introspectivemarketresearch.com/reports/tugger-automated-guided-vehicle-market/

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