Rising demand for automation in material handling across a range of industries driven by benefits seen in terms of enhanced workplace safety, improved productivity and accuracy and reduced utility cost will be the future growth factors for Automated Guided Vehicles Market in North America: Ken Research

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  • 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 handlingWith 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.

North America AGV Market
                                                     North America AGV 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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