Rapid Growth of E-Commerce in Automation for Faster Efficiency Expected to Drive Global Automated Guided Vehicle Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Automated guided vehicles (AGVs) are also recognized as self-guided vehicles, which are fully automated transport systems that function with the unmanned vehicles. These vehicles offer a multitude of advantages for instance a reduction in operational cost, decrement in production time and enhanced workforce safety. Growing implementation of mobile robots across the globe and measures to increase workplace safety & productivity are some other factors leading to the adoption of AGV. Referring to study “Global Automated Guided Vehicle (AGV) Market 2020-2026 by Offering, Vehicle Type, Navigation Technology, Battery Type, Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” some of the key companies operating in the global Automated Guided Vehicle (AGV) market are Egemin Automation Inc., Bastian Solutions, Inc., AGVE Group, Fetch Robotics, Inc., Elettric80 SpA, Balyo Inc., Daifuku Co., Ltd., EK Automation, Dematic Corp., inVia Robotics, Inc., Hyster-Yale Group, Inc., Kollmorgen, JBT Corporation, Locus Robotics, Seegrid Corporation, KMH Systems, Inc., Schaefer Systems International, Inc., System Logistics Spa, Swisslog Holding Ltd., Transbotics, Toyota Industries Corporation. On the basis of offering type, automated guided vehicle market is segregated as software, hardware and services & support. On the basis of vehicle type, market is segregated as unit load carriers, two vehicles, pallet trucks, forklift vehicles, hybrid vehicles, assembly line vehicles and others. On the basis of navigation technology, market is segregated as laser guidance, vision guidance, natural features guidance, optical tape guidance, inductive guidance, magnetic guidance and others. On the basis of battery type, market is segregated as lithium-ion battery, lead battery, nickel-based battery and others. On the basis of application, market is segregated as storage, transportation, assembly, storage, trailer loading & unloading, packaging, and other applications. In addition, on the basis of industry vertical, market is segregated as commercial venues (retail stores, e-commerce, hotels & restaurants, grocery stores and others), manufacturing industries (electrical & electronics, plastics & polymers, chemical & pharmaceuticals, automotive, aerospace, food & beverage and others), military & defense and other verticals. The automated guided vehicle market is driven by rise in need for high efficiency, followed by reducing production time & less human error, increase in accuracy & enhanced safety, growth in popularity of e-commerce owing to COVID-19, rise in demand for automation in material handling processes across industries and growth in improvement in safety standards at workplaces. However, increase in use of mobile robots in retail & e-commerce industries and high installation, maintenance, & switching costs may impact the market. Moreover, integration of industry 4.0 with robotics, presence of huge intra-logistics sector, and rise in adoption of industrial automation by small & medium enterprises are key opportunities for market. Based on geography, the European and North-American regions hold major share in global automated guided vehicle market owing to increase in use of industrial & domestic space coupled with rapid technological developments in robotics & automation in the region. The Asian-Pacific region is anticipated to witness higher growth rate due to rapid growth of e-commerce, food & beverages, automotive, and healthcare industries in emerging economies over the forecast period. It is predicted that the global automated guided vehicle market will be reached at US $5,183.2 million by 2026, at a CAGR of 10.48%. For More Information, click on the link below:- Global Automated Guided Vehicle Market Research Report Related Report:- Global Automated Guided Vehicles Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: AGVE Group Automated Guided Vehicle Market, Asia Pacific Automated Guided Vehicle Market, Balyo Inc. Automated Guided Vehicle Market, Bastian Solutions Inc. Automated Guided Vehicle Market, Canada Automated Guided Vehicle Market, China Automated Guided Vehicle Market, Daifuku Co. Ltd. Automated Guided Vehicle Market, Dematic Corp. Automated Guided Vehicle Market, Egemin Automation Inc. Automated Guided Vehicle Market, EK Automation Automated Guided Vehicle Market, Elettric80 SpA Automated Guided Vehicle Market, Europe Automated Guided Vehicle Market, Fetch Robotics Inc. 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