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Automated Guided Vehicle Market worth $2,240.15 Million

The automated guided vehicle market has been segmented based on geography into the North America, Europe, Asia-Pacific, and Rest of the World (RoW). Europe is estimated to account for a major share of the AGV market, which is expected to be followed by Asia-Pacific and North America. Moreover, the Asia-Pacific market for AGV is expected to grow at the highest rate. Some of the major players in this market are Daifuku Co.Ltd (Japan), Dematic GmbH & Co. KG (Luxembourg), Egemin International N.V. (U.S.), JBT Corporation (U.S.), and Swisslog Holding AG (Switzerland).

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Automated Guided Vehicle Market worth $2,240.15 Million

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  1. MarketsandMarkets Presents Automated Guided Vehicle Market worth $2,240.15 Million by 2020 Automated Guided Vehicle Market by Type (Unit Load Carrier, Tow Vehicle, Pallet Truck, Assembly Line Vehicle), Industry Vertical (Automotive, & Others), Application (Transportation, Distribution, & Others), & Geography - Global Forecast to 2020

  2. With the increase in industrial automation, the requirement for automated material handling is also expected to grow proportionately, in order to support this growth. Automated guided vehicles (AGVs) are used in the automation of material handling. The growth of AGVs has helped fulfill the objectives of various industries related to safety, productivity, timely production, and flexibility. Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=27462395 Developing countries such as China, Japan, and India are continuously attracting investments and expansions from top most companies, due to the favorable business environment in these economies. The growth of the industrial manufacturing sector is acting as a leading market driver for AGVs, hence; the growing investment in these markets is creating an opportunity for the overall automated guided vehicle market.

  3. The automated guided vehicle market has been segmented based on geography into the North America, Europe, Asia-Pacific, and Rest of the World (RoW).  Europe is estimated to account for a major share of the AGV market, which is expected to be followed by Asia-Pacific and North America. Moreover, the Asia-Pacific market for AGV is expected to grow at the highest rate. The report on the automated guided vehicle market analyzes the AGV value chain and details the major and supporting segments of the industry. The market has been segmented based on vehicle types, industry verticals, and different applications and discussed in detail, along with market size projections in terms of value and volume. This report also analyzes market trends and technologies in the market along with, market dynamics such as drivers, restraints, and opportunities and the challenges pertaining to the industry. For More Details of Report @ http://www.marketsandmarkets.com/Market-Reports/automated-guided-vehicle-market-27462395.html Some of the major players in this market are Daifuku Co.Ltd (Japan), Dematic GmbH & Co. KG (Luxembourg), Egemin International N.V. (U.S.), JBT Corporation (U.S.), and Swisslog Holding AG (Switzerland)

  4. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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