- Rising demand for automation in material handling, especially in the aftermath of the COVID-19 outbreak when industries suffered from labor shortage, is expected to help the Automated Guided Vehicles market in North America grow faster.
- Apart from enabling automation, the use of Automated Guided Vehicles in assembly lines, factory floors, warehouses and logistics hubs has helped processes become safer.
- The growing trend in the use of AGVs is also because of the precision and accuracy it brings to processes, reducing time, wastage and utility cost.
Rising demand for automation in material handling: With rise in demand for e-commerce, supply chains started implementing AGVs in distribution centers, enabling industries to operate at high output. Industries like Pharmaceuticals increased their utilization of AGVs to meet the growing demand, while sustaining hygiene. Healthcare providers, like hospitals, used AGVs to conduct contactless transport of meals, waste bins, linens and sterile supplies.
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Enhanced concerns around workplace safety: Automated Guided Vehicles (AGV), leveraging sensors, visual indicators, emergency stop buttons, and navigation technology features, ensure that the working environment is safe. These vehicles have sophisticated navigation technologies, starting from wired and magnetic guided routes to laser and vision guided ones.
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| Automated Guided Vehicles Market |
Improved accuracy and reduced utility expenses: The programmability of AGVs helps reduce waste and saves time while performing tasks accurately and helping improve productivity.
AGVs do not require experience or breaks which initially save the anticipated labor cost along with reducing utility cost. These vehicles can operate in every condition that human cannot effectively work on due to the lack of accessibility or lack of safety and presence of health hazards.
Analysts at Ken Research in their latest publication “North America Automated Guided Vehicles Market Outlook and Forecast to 2027 - Driven by Rising Demand for Automation in Material Handling, Enhanced Workplace Safety and Improved Productivity: Ken Research” believe that the Automated Guided Vehicles market is expected to grow on the basis of rapid rise in adoption of these solutions due to their affordability & flexibility to meet varying needs of different industry users.
Key Segments Covered in North America Automated Guided Vehicles Market: -
North America Automated Guided Vehicles Market by Product Type
Automated Forklift
Automated Tow/Tractor/Tugs
Unit Load Carriers
Assembly Line
Underride/Tunneling
Special Purposes
North America Automated Guided Vehicles Market by Navigation Technology Type
Laser Guided
Magnetic Guided
Vision Guided
Wired Guided
North America Automated Guided Vehicles Market by Application Type
Transportation and Distribution
Storage, Warehousing and Assembly
Packaging
North America Automated Guided Vehicles Market by Type of End User Industry
| Aerospace and Defense |
Automotive
Food and Beverage
Industrial Goods Manufacturing
Consumer Goods
Healthcare
Logistics
Retail
Others
North America Automated Guided Vehicles Market by Geography and Major Countries
USA
Canada
Mexico
Key Target Audience
Automated Guided Vehicles Manufacturers
Forklift Manufacturers
Robotic Systems Manufacturers
Aerospace and Defense Companies
Automotive Components Manufacturers
Food and Beverage Companies
Industrial Goods Manufacturers
Consumer Good Manufacturers
Owners of Warehouses, Storage Units
Retail Service/Product Providers
Healthcare Service Providers
Potential Investors in Automated Guided Vehicles Industry
Allied/Auxiliary Industries in Automated Guided Vehicles Market
Automated Guided Vehicles Wholesalers and Distributors
Time Period Captured in the Report:
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Companies Mentioned:
Key Competitors in North America Automated Guided Vehicles Market
Daifuku
John Bean Technologies (JBT)
Oceaneering Intl
Toyota Industries corporation
KUKA
Hyster-Yale
Seegrid
Crown Equipment
KION
Mitsubishi Logisnext
Scott
Jungheinrich
Emerging Automated Guided Vehicles Companies in North America
Slip Robotics
Waku Robotics
Waypoint Robotics
Vention
OTTO Motors
Intronic
Automation Topstar de México
Onemind
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Key Topics Covered in the Report: -
Snapshot of North America Automated Guided Vehicles Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of North America Automated Guided Vehicles Market
Historic Growth of Overall North America Automated Guided Vehicles Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of North America Automated Guided Vehicles Industry
Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall North America Automated Guided Vehicles Market
Future Market Forecast and Growth Rates of the Total North America Automated Guided Vehicles Market and by Segments
Market Size of End User Industries with Historical CAGR and Future Forecasts
Analysis of North America Automated Guided Vehicles Market in Major North American Countries
Major Production / Consumption Hubs in the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging North America Automated Guided Vehicles Companies within Each Major Country
For More Information on The Research Report, refer to below link: -
North America Automated Guided Vehicles Market
Related Reports: -
Asia Pacific Robotic Arms Market Outlook and Forecast to 2027
India Industrial Automation Market Size, Market Statistics, Market Analysis : Ken Research
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
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