AGV’s (Automated Guided Vehicles) are driverless vehicles that follow markers or wires in the floor or uses. vision or lasers and are widely utilized for moving materials around the factories or warehouses. The automated guided vehicles are controlled through advanced software that helps in navigation and controlling of the vehicle. The increasing adoption of industrial automation across various industries is now being termed as the 4th Industrial Revolution by many economists. It is very useful in offsetting labor shortages and costs, customizing load handling, and globalization of supply chain networks. The drivers augmenting the growth of the AGV software market is the rise in demand for automation among various industries, increase in adoption of on-cloud warehouse management system (WMS) solutions, and increasing investments in R&D activities by the key players. Also, the rapid industrial growth in emerging countries and the integration of advanced features such as industrial IoT, big data analytics, and cloud computing have supported the demand. However, the high cost of implementation and up-gradation of AGV systems, along with real-time technical glitches are acting as the constraints in its growth to continue at a steady pace.
The “AGV Software Market – Forecasts from 2019 to 2024” is an exhaustive study of this niche technology market which aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, application, and geography.
The AGV software market has been segmented based on type, application, and geography. Based on type the market has been segmented into In-Built Vehicle Software and Integrated Software. By application, the market has been classified into Automotive, Manufacturing, Food & Beverages, Aerospace, Healthcare, Logistics, and Retail.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the AGV software market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the AGV software market.
In-Built Vehicle Software
Food & Beverages
Middle East and Africa