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Increasing demand for automation in the handling of raw materials and increasing safety standards in workplace are the significant drivers of the market.
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Automated Automated Guided Vehicle Guided Vehicle (AGV) Market To (AGV) Market To Worth USD 3.25 Worth USD 3.25 Billion By 2026 Billion By 2026 www.reportsanddata.com www.reportsanddata.com
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 economiesand 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. •
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; 2016–2026) Unit Load Carriers Assembly Line Vehicles Forklift Trucks Tow Vehicles Pallet Trucks Others (Automated Carts, Hybrid AGVs, and Customized AGVs) Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1311
Market Summary Application (Revenue, USD Million; 2016–2026) Transportation Distribution Storage Assembly 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) Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1311
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 industry’s growth in the forecast period?
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