Automated Guided Vehicle Manufacturing in the US - Industry Market Research Report
Description
Automated Guided Vehicle Manufacturing in the US
The industry has rapidly expanded through the current period. Manufacturers design, produce and install automated guided vehicles (AGVs); AGVs are mobile robots for material handling, tracking and repetitive tasks. Persistent economic growth bracketing the COVID-19 pandemic has driven strong gains in consumer spending. More manufacturers, logistics companies and others have purchased AGVs to move goods throughout their facilities while reducing manual labor costs. In particular, companies in these sectors used AGVs to improve efficiency and reduce long-term operating costs. Revenue will swell at an expected CAGR of 12.0% to $1.3 billion through the current period, despite stagnating in 2023.
This industry manufactures automated guided vehicles (AGV), which are mobile robots used for material handling and tracking or repetitive tasks. These vehicles follow markers or use vision or lasers to navigate in commercial settings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The industry has rapidly expanded through the current period. Manufacturers design, produce and install automated guided vehicles (AGVs); AGVs are mobile robots for material handling, tracking and repetitive tasks. Persistent economic growth bracketing the COVID-19 pandemic has driven strong gains in consumer spending. More manufacturers, logistics companies and others have purchased AGVs to move goods throughout their facilities while reducing manual labor costs. In particular, companies in these sectors used AGVs to improve efficiency and reduce long-term operating costs. Revenue will swell at an expected CAGR of 12.0% to $1.3 billion through the current period, despite stagnating in 2023.
This industry manufactures automated guided vehicles (AGV), which are mobile robots used for material handling and tracking or repetitive tasks. These vehicles follow markers or use vision or lasers to navigate in commercial settings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
44 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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