The Automated Guided Vehicle Industry will relinquish an approximated estimate at a frequency of 11.1% for the projection space of 2021 to 2028 with factor such as increasing growth of automation in manufacturing industry.
The automated guided vehicle market has shown an exceptional penetration in countries such as the U.S., China and Germany. High penetration of robotics in various industries is boosting the growth in developed countries. In developing countries, lack of labor and workforce is creating opportunity for the global automated guided vehicle market.
According to Data Bridge Market Research, the market for automated guided vehicle in Europe region has the highest market share followed by North America and Asia-Pacific. Market leader is TOYOTA INDUSTRIES CORPORATION which accounts an estimated market share of approximately 15% to 25% in the Asia-Pacific region. The company has gained outstanding sales through their automated guided vehicle products which include key cart, tug cart, road sorter S, high speed rail guided vehicle system, automatic guided lift truck and automatic guided pallet truck.
Trends Impacting the Automated Guided Vehicle Market
Now the question is which other regions TOYOTA INDUSTRIES CORPORATION, KUKA AG and JBT are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific automated guided vehicle market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.
The automated guided vehicle market is becoming more competitive every year with companies such as TOYOTA INDUSTRIES CORPORATION, KUKA AG and JBT as they are the market leaders for automated guided vehicle market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the automated guided vehicle market.
For more analysis on the automated guided vehicle market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-automated-guided-vehicles-market
Global automated guided vehicle market is segmented on the basis of countries into the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-automated-guided-vehicles-market
Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of automated guided vehicle companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-automated-guided-vehicles-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Related Reports
Browse in Automotive Category Related Reports@ https://www.databridgemarketresearch.com/category/automotive
Global Automated Guided Vehicle Market – Industry Trends and Forecast to 2028
North America Automated Guided Vehicle Market – Industry Trends and Forecast to 2028
Asia-Pacific Automated Guided Vehicle Market – Industry Trends and Forecast to 2028
Europe Automated Guided Vehicle Market – Industry Trends and Forecast to 2028
Middle East and Africa Automated Guided Vehicle Market – Industry Trends and Forecast to 2028