Europe is dominating the market of Global Automated Guided Vehicle Market and it is estimated to reach USD $ 3.7 Mn by 2025

December 24 20:36 2018

The report on “Global Automated Guided Vehicle Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.
The report on “Global Automated Guided Vehicle Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.

Global Automated Guided Vehicle Market Size and Growth rate:

According to recent report published by research cosmos, the global automated guided vehicles market size is expected to reach the value of USD $ 3.7 billion, with a growth rate of 8.56 % during the forecast period of 2018 – 2025.

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Growth driving factors of Global Automated Guided Vehicle Market:

The Automated Guided vehicle market has a rapid growth due to increasing demand for automation in material handling across industries, and emerging e-commerce industry. The market boosts its growth by rising requirement for workplace safety standards, and growing productivity due to improved supply chain processes, among others.

Geographical Analysis of Global Automated Guided Vehicle Market:

Region Europe is dominating the market with high growth rate and Manufacturers in the Europe are adopting the solutions the solutions for reducing the operational cost. Asia Pacific is placed in the second place in the market due to Industrialization and Urbanization.

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Market Segmentation of Global Automated Guided Vehicle Market:

Global Automated Guided Vehicle Market Analysis – By Type:

  • Unit Load Carrier
  • Forklift Truck
  • Tow Vehicle
  • Pallet Truck
  • Assembly Line Vehicle

Global Automated Guided Vehicle Market Analysis – By Navigation Technology:

  • Laser Guidance
  • Magnetic Guidance
  • Vision Guidance
  • Inductive Guidance
  • Optical Tape Guidance

Global Automated Guided Vehicle Market Analysis – By Industry:

  • Automotive
  • Manufacturing
  • Food and Beverages
  • Aerospace
  • Healthcare
  • Logistics
  • Retail

Global Automated Guided Vehicle Market Analysis – By Regions:

  • North America
  • Europe
  • Asia Pacific
  • Latin America

Leading key players in Global Automated Guided Vehicle Market:

  • JBT Corporation
  • Toyota Industries
  • Hyster-Yale Materials Handling
  • 5 + More Key Players

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