DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Automated Guided Vehicle Market - Global Forecast to 2022" report to their offering.
The automated guided vehicle market is expected to reach USD 2.68 billion by 2022, growing at a CAGR of 9.34% between 2017 and 2022. The advancements in automation, emphasis on workplace safety, and growing efforts to reduce operational cost and enhance overall performance are the major factors driving the growth of the automated guided vehicle market.
Automated guided vehicles (AGVs) are gaining popularity in the aerospace industry as they facilitate the manufacturing and assembly of the aircraft. AGVs are used for storing parts of aircraft, for picking and handling components during the assembly of aircraft, and for organizing aircraft parts efficiently for fast and reliable access. Moreover, AGV offers flexibility and can handle small to large components effectively from the assembly to the transportation operation. Thus, the market for automated guided vehicles in the aerospace industry is estimated to show a high growth rate during the forecast period.
Tow AGVs are the most productive type of AGV and are used for towing and tugging because of their ability to move more loads with multiple trailers compared to the single fork trucks. This type of AGV holds the largest market share among others, and the trend is expected to continue during the forecast period.
- Daifuku Co. Ltd.
- EK Automation GmbH
- Fetch Robotics
- Greyorange PTE Ltd.
- Hyster-Yale Materials Handling, Inc.
- Invia Robotics, Inc.
- JBT Corporation
- Kion Group AG
- KUKA AG
- Locus Robotics, Inc.
- Seegrid Corporation
- SSI Schafer AG
Toyota Industries Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Automated Guided Vehicle Market, By Type
8 Automated Guided Vehicle Market, By Navigation Technology
9 Automated Guided Vehicle Market, By Battery Type
10 Automated Guided Vehicle Market, By Industry
11 Automated Guided Vehicle Market, By Application
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/w9t695/automated_guided