Data Bridge Market Research completed a qualitative study titled "Europe Automated Guided Vehicle Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. A significant Europe Automated Guided Vehicle Market research report emphasizes key market dynamics of the Europe Automated Guided Vehicle industry and covers historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry. Global market analysis report proves to be a precious source of information with which businesses can achieve a telescopic view of the current market trends, consumer demands and preferences, market situations, opportunities, and market status. To build a Europe Automated Guided Vehicle business report, a detailed market analysis has been performed with inputs from industry experts. All the data, figures, and information is backed up by well-recognized analysis tools which include the SWOT analysis and Porter’s Five Forces analysis.

Automated guided vehicle market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.2% in the forecast period of 2021 to 2028 and is expected to reach USD 1,718.88 million by 2028.

Read Detailed Index of full Research Study @ https://www.databridgemarketresearch.com/reports/europe-automated-guided-vehicles-market

Europe Automated guided vehicle Market Scope and Market Size

• On the basis of type, the automated guided vehicle market has been segmented into unit load carriers, forklift trucks, tow vehicles, pallet trucks, assembly line vehicles and others. In 2021, tow vehicles segment accounted for the largest market share in the automated guided vehicle market due to an increase in the utilization of tow vehicles in factories and warehouses for loading material with greater efficiency and with higher productivity.
• On the basis of navigation technology, the automated guided vehicle market has been segmented into laser guidance, magnetic guidance, vision guidance, inductive guidance, optical tape guidance and others. In 2021, magnetic guidance segment dominates the market with largest market share owing to several factors including ease of removal and relocation if the course needs to change, less expensive and others.
• On the basis of battery type, the automated guided vehicle market has been segmented into lead, nickel based, lithium ion and others. In 2021, lead segment augments the market with the maximum market share due to its less cost and economical nature. Moreover, increase in the usage of lead batteries in AGV by varied manufacturers is also one of the factors which help this segment to dominate in the market.
• On the basis of application, the automated guided vehicle market has been segmented into handling raw materials, work in process movement, pallet handling, final product handling, trailor loading, roll handling, container handling and others. In 2021, work in process movement accounts for the largest market share in the automated guided vehicle market due to the growing requirement for continuous movement of goods during the manufacturing process in each industry.
• On the basis of industry, the automated guided vehicle market has been segmented into logistics, food & beverages, pharmaceuticals, manufacturing, paper & printing, tobacco, retail, chemical and others. In 2021, manufacturing segment dominates the market with the largest market share due to the continuous need for organizing material handling equipment in regards to picking orders, storing goods, moving or transfer of raw material and goods and relocation of product and stock.

Automated Guided Vehicle Market Country Level Analysis

The countries covered in automated guided vehicle market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Automated Guided Vehicle Market Share Analysis

The major players covered in the report are Dematic (A Subsidiary of KION GROUP AG), DF Automation & Robotics Sdn Bhd, E&K Automation GmbH, Daifuku Co., Ltd., JBT, TOYOTA INDUSTRIES CORPORATION, KUKA AG, Seegrid Corporation, Fritz SCHÄFER GmbH & Co KG, Eckhart, Kollmorgen (A subsidiary of Danaher), System Logistics S.p.A. (A subsidiary of Krones AG), SCAGLIA INDEVA s.p.a., Murata Machinery, Ltd., Konecranes, Guangdong Jaten Robot & Automation Co.,Ltd., Jungheinrich AG, Scott and Oceaneering International, Inc., among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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