Sep 20, 2023

Companies Covered  Addverb Technologies Limited, Aichi Machine Industry Co., Ltd., China SME Group Co., Ltd, Konecranes., Daifuku Co., Ltd., Egemin Automation Inc., GreyOrange, Gridbots, JBT, KOLEC (Nakanishi Metal Works Co., Ltd.), KUKA AG, Murata Machinery, Ltd., Oceaneering International, Inc., Shenzhen Mircolomay Technology Co., Ltd., System Logistics S.p.A., Toyota Industries Corporation, Other Key Players Key Takeaways from the Market Study As of 2022, the coffee servers market was valued at US$ 5.2 billion By type, the automated guided cart (AGC) type segment is likely to dominate the industry in the near future. AGCs are highly effective in automating various transportation and assembly line processes Based on technology, the magnetic guidance segment is anticipated to hold the largest share during 2022-2031. AGCs often prefer magnetic guidance to navigate through predefined paths Based on end-use industry, the commercial segment is expected to generate high revenue during the forecast period, due to the increased demand in restaurants, hotels, and coffee shops. Automated Guided Vehicle (AGV) Market: Key Trends and Opportunistic Frontiers Advanced technologies such as telematics services and laser, magnetic, infrared, and optical navigation are being introduced in automated guided vehicles. Advancements in navigation technologies have facilitated the development and use of automated forklifts in warehouse management and material and goods transport at ports and terminals. For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=9368 Automated Guided Vehicle (AGV) Market – Regional Analysis Asia Pacific is anticipated to dominate the global automated guided vehicle (AGV) market during the forecast period. The expanding manufacturing sector, e-commerce boom, and investment in automation drive the market demand in the region. North America dominated the global automated guided vehicle (AGV) market owing to the presence of numerous consumer-centric industries coupled with high-quality research and development in the field of robotics and automation. Increasing demand for AGVs within consumer goods, automotive, food and beverage, oil and gas, and healthcare sectors is another factor that is fueling the market growth. Competitive Landscape The global automated guided vehicle (AGV) market is fragmented, with the presence of a small number of leading players. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global automated guided vehicle (AGV) market report: Addverb Technologies Limited China SME Group Co., Ltd Konecranes. KUKA AG System Logistics S.p.A. Key Developments in the Automated Guided Vehicle (AGV) Market JBT Corporation, known for its AGVs in the material handling and logistics sector, has been focusing on developing AGVs with advanced automation features, including machine learning algorithms for improved navigation and control. Toyota Industries Corporation continues to innovate in the AGV space, emphasizing safety and efficiency. They have developed AGVs with integrated safety systems and advanced automation capabilities. In July 2023 - KUKA expands its range of autonomous mobile robots (AMR) with the KMR iisy mobile cobot and KMP 1500P mobile platform. The KMR iisy mobile cobot moves quickly and safely through space for flexible use at various workstations in assembly and intralogistics, and as a robot service system. It includes the LBR iisy, with a payload capacity of 11 or 15 kg, and a mobile platform that can carry a supplementary load of up to 200 kg. In August 2020, Murata Machinery, Ltd. signed a contract with Alpen Co. Ltd. for the construction of ALPHABOT, a 3D robot warehousing system. The ALPHABOT has been introduced at the Alpen Komaki Distribution Center, one of the main distribution centers, with the aim of complementing its storage capacity and reducing picking, sorting, and packaging operations by 60%. Partial Table of Content (ToC): 1. 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