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Automatic Guided Vehicles Market To Make Great Impact In Near Future by 2025

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data-ad-client=”ca-pub-72Automatic Guided Vehicles Market: Drivers and Challenges

Growth in industries such as automotive, manufacturing, aerospace, food & beverages and healthcare is fueling the growth of global automatic guided vehicles market. Automotive guided vehicles help manufacturing plants and warehouses to reduce the costs and increase the efficiency of the moving & stowing operations. Stringent government regulations pertaining to the safety are also propelling the growth of the global automatic guided vehicles market. As the global economy is expected to grow in the near future, the per capita income & consumption in expected to grow as well. Growing population with the high per capita income is propelling the growth for the global guided vehicles market.

Though, the importance of the automatic guided vehicles is on the rise in developed economies, they have moderate awareness among underdeveloped or developing countries and this is inhibiting the growth for the global automatic guided vehicles market.

Automatic Guided Vehicles Market: Overview

The global automatic guided vehicles market by value is expected to expand at a CAGR of around 10–11% during the forecast period (2015-2025), due to rise in the automation in industries such as automotive, food & beverages, manufacturing, healthcare, logistics and aerospace.

Request For TOC@ Automatic Guided Vehicles Market: Segmentation

The global automatic guided vehicles market can be segmented by end-use industry, by type, by application and by regions

Based on end-use industry type, the global automatic guided vehicles market is segmented as:

Automotive

Food & Beverages

Healthcare

Aerospace

Others

Based on type, the global automatic guided vehicles market is segmented as:

Tow vehicle

Assemble line vehicle

Pallet truck

Unit load carrier

Based on application, the global automatic guided vehicles market is segmented as:

Distribution

Automatic Guided Vehicles Market: Segmentation

The global automatic guided vehicles market can be segmented by end-use industry, by type, by application and by regions

Based on end-use industry type, the global automatic guided vehicles market is segmented as:

Automotive

Food & Beverages

Healthcare

Aerospace

Others

Based on type, the global automatic guided vehicles market is segmented as:

Tow vehicle

Assemble line vehicle

Pallet truck

Unit load carrier

Based on application, the global automatic guided vehicles market is segmented as:

Distribution

Transportation

Others

Full Report Analysis@ Automatic Guided Vehicles Market: Region-wise Outlook

The global automatic guided vehicles market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global automatic guided vehicles market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific Excluding Japan, Japan, and Middle East & Africa. In terms of market rAutomatic Guided Vehicles Market: Region-wise Outlook

The global automatic guided vehicles market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global automatic guided vehicles market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific Excluding Japan, Japan, and Middle East & Africa. In terms of market revenue, North America automatic automated guided cartsautomated guided carts vehicles market is projected to register a significant CAGR during the forecast period. Growth in the industries such as automotive, healthcare & manufacturing and stringent government safety norms, are some of the factors which are fueling the growth of automatic guided vehicles market in North America. Western Europe and Asia Pacific are also forecast to register a significant growth in the global automatic guided vehicles market.

Automatic Guided Vehicles Market: Key Players

Some of the key market participants in global automatic guided vehicles market are JBT Corporation, Swisslog Holding AG, Daifuku Co. Ltd, Dematic GmbH & Co., and Egemin International N.V.

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