Global $3.32 Billion Automated Guided Vehicle Mark

Dublin, March 10, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Automated Guided Vehicle Market: Analysis & Forecast, 2016-2022 (Focus on Major Vehicle Types, Guidance Technologies, Applications & Industries)" report to their offering. The global automated guided vehicle market is estimated to reach $3,320.41 million in the forecast period.

Automated guided vehicles are increasingly used across new industries like electrical and electronics, aerospace and defense manufacturing, with their adoption being an evolving phenomenon. Factors such as the rising labor cost and demographic decline in developed regions like Europe, have compelled businesses to increasingly rely automation for their sustenance.

The global automated guided vehicle market is segmented based on different vehicles, guidance technologies, industries, applications and demand across different geographies. Automated guided vehicles have their utility across different industries viz. electrical and electronics, automotive, pharmaceuticals, food and beverage, plastics and polymer, and logistics and distribution. While the automotive sector has been an active user of automated guided vehicles, new industries like electrical and electronics and logistics are opening up to the technology. Automated guided vehicles based on guided technologies like vision based guidance and natural feature based guidance can be deployed across multiple production facilities without any hassle. Hence, based on its use for different applications, the automated guided vehicle market has been segmented into transportation, end of line transport, roll handling, distribution and others. The demand for automated guided vehicles are gradually increasing across both the developed and developing economies. The global automated vehicles market is segmented into North America, Europe, Asia-Pacific and Rest of The World (Latin America, Middle East and Africa.) As of 2015, Europe was the largest market for automated guided vehicles followed by North America and Asia Pacific. However, this trend is set to change by 2022 as the demand from Asian countries is set to increase. Key Topics Covered: Executive Summary 1 Research Scope & Methodology 1.1 Scope of the Report 1.2 Global Automated Guided Vehicle Market Research Methodology 2 Market Overview 2.1 Mobile Robot 2.2 Market Dynamics 2.2.1 Drivers 2.2.1.1 Operational Flexibility In Manufacturing Facilities 2.2.1.2 High Access To Complex Areas Within The Manufacturing Facility 2.2.1.3 Optimum use of labor force 2.2.1.4 Increased Safety In The Workspace 2.2.2 Challenges 2.2.2.1 Complex Installation Procedures 2.2.2.2 High Upfront Cost And Long Return On Investment Period 2.2.3 Opportunities 2.2.3.1 Demand For Logistics And Warehouse In Ecommerce 2.2.3.2 Rise Of Smart AGV Network 3 Competitive Insights 3.1 Key Market Developments and Strategies in the Global Autonomous Guidance Vehicle Market 3.1.1 % Share of Key Market Developments And Strategies 3.1.2 Product Launches 3.1.3 Partnerships 3.1.4 Acquisitions 3.1.5 Business Expansion 3.1.6 Contracts 3.1.7 Others 3.2 Key Industry Safety Standards for Autonomous Guidance Vehicle Market 3.2.1 ANSI/ITSDF B56.5-201 3.2.2 ASTM International ASTM F4 3.3 Value Chain Analysis 3.4 Product Mapping 4 Global Automated Guided Vehicle Market Analysis and Forecast 4.1 Assumptions and limitations for the analysis and forecast of the global automated guided vehicle market 4.2 Market Overview 5 Global Automated Guided Vehicle Market, by Vehicle 5.1 Market Overview 5.2 TOW Vehicle 5.3 Load Transfer Trucks 5.4 Fork Lift Vehicle 5.5 Pallet Trucks 5.6 Assembly Line Vehicles 5.7 Others 6 Global Automated Guided Vehicle Market, by Guidance Technology 6.1 Market Overview 6.2 Traditional Guidance 6.3 Laser Guidance 6.4 Natural Features Guidance 6.5 Vision Guided Vehicle 7 Global Automated Guided Vehicle Market, by Application 7.1 Market Overview 7.2 Transportation 7.3 Distribution 7.4 End Of Line Transport 7.5 Roll Handling 7.6 Others 8 Global Automated Guided Vehicle Market, by Industry 8.1 Market Overview 8.2 Automotive Industry 8.3 Electrical & Electronics Industry 8.4 Logistics & Distribution 8.5 Pharmaceuticals 8.6 Plastics & Polymers 8.7 Food & Beverage 8.8 Others 9 Global Automated Guided Vehicle Market, by Geography 10 Company Profiles - Clearpath Robotics - Daifuku Group - John Bean Technologies Corporation - KION Group - Meidensha Corporation - Omron Adept Technologies - Rocla Oy - Seegrid - Swisslog Holding AG - Transbotics Corporation For more information about this report visit http://www.researchandmarkets.com/research/vp..._automated

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