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Automated Guided Vehicle (AGV) Market to Grow at CAGR of 7.9% through 2031

Automated Guided Vehicle (AGV) Market

Future Market Insights’ (FMI’s) recent request analysis, growth is on the cards for the global automated guided vehicles (AGV) Market. The report forecasts the request valuation to reach US$ 996 Mn in 2021, growing at an emotional 7.9 CAGR through 2031.

Rapid urbanization and relinquishment of artificial robotization within logistics, transportation, and healthcare assiduity across the globe will propel deals. Owing to the growing need of robotization, the request educated time-on- time growth at 5.4 in 2020-21.

Growing robotization in material handling results will enhance growth prospects during the cast period. Also, ray- guided AGVs will gain immense fashion ability among manufacturers as they offer lesser perfection and trust ability.

Reduction in labour costs, mortal crimes, and round-the- timepiece availability of AGVs are crucial factors accelerating the relinquishment within end- use diligence.

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Expansion of automotive, consumer goods, retail, and canvas & gas diligence in developed countries similar as the U.S., the U.K., and Germany will continue to boost deals.

“Growing need for artificial robotization is anticipated to boost the relinquishment of AGVs over the coming times. With adding relinquishment of AGVs within automotive, healthcare, logistics, ande-commerce assiduity, crucial players will witness economic growth openings during the cast period,” says the FMI critic

Competitive Landscape

JBT Corporation, Daifuku Co., Ltd., Kuka AG, Omron Adept Technologies, Inc., Kion Group AG, Oceaneering International Inc., Transbotics Corporation, AGVE Group, Inc., Seegrid Corporation, Murata Machinery, AVT Europe NV, SSI Schaefer, Toyota Industries Corporation, Cassioli Srl, Robotnik, Mecalux, S.A, Kollmorgen, Bastian results,Inc., and E&K Automation GMBH are some top manufactures operating in the automated guided vehicle market.

Crucial Points Covered in Automated Guided Vehicle demand Survey

  • demand estimates and cast 2021-2031
  • Crucial motorists and conditions impacting demand growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Request Share Analysis
  • Key Product Inventions and Regulatory Climate
  • COVID-19 Impact on Automated Guided Vehicle Request and how to Navigate
  • Recommendation on Crucial Winning Strategies
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