Automated Guided Vehicle (AGV) Market

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Automated Guided Vehicle (AGV) Market To Worth
USD 3.25 Billion By 2026
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Market Summary
Market Size USD 1.89 Billion in 2018, Market
Growth - CAGR of 6.8 between 2019 and 2026,
Market Trends Industrial growth in emerging
economies and emerging e-commerce industry

• The Automated Guided Vehicle (AGV) market is
  expected to grow from USD 1.89 Billion in 2018 to
  USD 3.25 Billion by 2026, at a CAGR of 6.8. The
  crucial factors that drive the growth of the AGV
  market include increasing demand for automation
  in the handling of materials across industries,
  the emerging e-commerce industry, increasing
  requirements for safety standards in the
  workplace and increased productivity due to
  improved supply chain processes.
• Further key findings from the report suggest
• The Automated Guided Vehicle (AGV) market is
  expected to grow from USD 1.89 Billion in 2018 to
  USD 3.25 Billion by 2026, at a CAGR of 6.8. The
  crucial factors that drive the growth of the AGV
  market include increasing demand for automation
  in the handling of materials across industries,
  the emerging e - commerce industry, increasing
  requirements for safety standards in the
  workplace and increased productivity due to
  improved supply chain processes.

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Market Summary
Key Players

SSI Schaefer (Germany), EK Automation (Germany),
JBT Corporation (US), Toyota Industrial (Japan),
Daifuku (Japan), Hyster-Yale Materials Handling
(US), KUKA (Germany), KION Group (Germany),
Kollmorgen (US), Seegrid Corporation (US), and
others.
Segmentation
Type (Revenue, USD Million 20162026) Unit Load
Carriers Assembly Line Vehicles Forklift
Trucks Tow Vehicles Pallet Trucks Others
(Automated Carts, Hybrid AGVs, and Customized
AGVs)
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Market Summary

Application (Revenue, USD Million
20162026) Transportation Distribution Storage Ass
embly Packaging Others (Waste Handling and
Work-in-Process Activities)
Regional Outlook for Automated Guided Vehicle
(AGV) Market analyses the following
geographies North America (United States,
Canada, and Mexico) Europe (Germany, France, UK,
Russia, and Italy) Asia-Pacific (China, Japan,
Korea, India, and Southeast Asia) South America
(Brazil, Argentina, Colombia, etc.) Middle East
and Africa (Saudi Arabia, UAE, Egypt, Nigeria,
and South Africa)
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The report emphasizes the following key
questions

Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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