DUBLIN--(BUSINESS WIRE)--The "Automated
Guided Vehicles Market - Forecasts from 2018 to 2023" report
has been added to ResearchAndMarkets.com's offering.
The automated guided vehicle market is projected to grow at a CAGR of
11.89% during the forecast period of 2017-2023.
The economic environment is really competitive, especially, with the
level and scope globalization increasing steadily, even among the
developing region. This is resulting firms in different industry
vertical to focus on reducing the cost and optimize the overall
In fact, the material handling is one of the major components of a
business process that dictates the profitability of a firm. Automating
the material handling process allows the organization to focus on the
core task more comprehensively. Additionally, it allows the companies to
reduce the development time by increasing the transfer of the required
from one to place to another.
The use of automated guided vehicle is more prevalent in areas which
require handling and transportation of large volume of material
repeatedly and where the requirement of human skill is trivial. This
allows the companies to significantly reduce the material transfer
related human injuries, resulting in the compliance of the organization
to different work safety regulations.
Regional Outlook North America automated guided vehicle
market is projected to significantly during the forecast period on
account of the anticipated increase in the production related activity
in the country, on account of the improvement in the business
Similarly, the market in Asia Pacific is estimated to grow rapidly as a
result of the adoption of automated solutions in the developing part of
Simultaneously, the anticipated improvement in the economic environment
of Europe will drive the automated guided vehicle market while the
recovery of the South American region is supplementing the overall
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Automated Guided Vehicles Market by Type
6. Automated Guided Vehicles Market by Industry Vertical
7. Automated Guided Vehicles Market by Geography
8. Competitive Intelligence
9. Company Profiles
Dematic Group Limited
Murata Machinery Ltd.
Swisslog Holding Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/dxj6w2/global_automated?w=4