The Automated Guided Vehicle Market size was valued at USD 3.39 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13% from 2021 to 2027. An Automated Guided Vehicle (AGV) is an unmanned material handling vehicle widely used to move materials around a factory or warehouse. These self-guided vehicles are controlled through advanced software assimilated into individual self-guided vehicles that can navigate and control the vehicle. The central system software handles the intelligent allocation and management of transport orders for AGVs and also handles traffic control for AGV vehicles.
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A full report of Global Automated Guided Vehicle Market is available at: https://www.orionmarketreports.com/automated-guided-vehicle-market/58461/
The following Segmentation are covered in this report:
By Type – AGV Fleet Management Software, AGV Navigation Software AGV Mapping Software and Others
By Vehicle Type – Unit load carrier, Tow vehicle, Pallet truck, Forklift truck and Others.
By Installation – In-built Software and Integrated Software.
By Navigation Method – Laser-guided navigation, Magnetic navigation, Inertial navigation, Optical navigation, LiDAR (Light Detection and Ranging) navigation and Others.
Key Players
Some of the key players influencing the AGV software market are DEMATIC – KION GROUP AG, Toyota Industries Corporation, JBT Corporation, Murata Machinery, Ltd., Oceaneering International, Inc., BA Systèmes, Addverb Technologies, Kollmorgen, Konecranes, and Götting KG among others.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automated Guided Vehicle Market.
- The market share of the global Automated Guided Vehicle Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automated Guided Vehicle Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automated Guided Vehicle Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
