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Global Automated Guided Cart Market Report 2023-2028: Increasing Adoption of AGCs by SMEs – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Automated Guided Cart Market – Global Outlook and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.

The automated guided cart market by revenue is expected to grow at a CAGR of 10.12% from 2022 to 2028.

AGCs are gaining prominence in various end-user segments as they reduce damage to inventory and worker requirements. They also make the production scheduling highly flexible, thereby propelling the sales of AGCs in the market.

AGCs offer safety in the movement of loads because these comprise automatic obstacle detection bumpers and move on a path with accurately controlled deceleration and acceleration.

Further, rapid industrialization and increasing applications in the aerospace and retail sectors are primarily driving the automated guided cart market.

In addition, there is an increase in the consumption of automated guided carts owing to the increasing industrial sector. The manufacturing industries also focus on adopting new technologies and equipment to reduce labor costs, increase efficiency, and curtail transportation time.

Key Questions Answered:

  • How big is the automated guided cart market?
  • What is the growth rate of the automated guided cart market?
  • What are the key trends in the automated guided cart market?
  • What is the expected number of shipments to be reached in the global automated guided cart market by 2028?
  • Which companies are discussed in the global automated guided cart market report?
  • Which region dominates the global automated guided cart market?

Market Dynamics

Opportunities & Trends

  • Industry 4.0 Promoting Industrial Automation
  • Growing Adoption of Artificial Intelligence (Ai)
  • Increasing Adoption of AGCs by SMEs

Growth Enablers

  • Rising Automation in Material Handling
  • Implementation of High Safety Standards at Workplaces
  • Increasing Demand for Higher Productivity & Flexibility in Production

Restraints

  • Growing Popularity of Self-Driving Vehicles (Sdvs)
  • Low Labor Costs in Emerging Countries
  • Volatility in Raw Material Prices

Market Segmentation

by Type

  • Pin Hook AGCs
  • Lifting Device AGCs

by Navigation

  • Magnetic Guidance
  • Laser Guidance
  • Natural Guidance
  • Optical Guidance
  • Others

by Load Capacity

  • Up to 0.5 Tons
  • 5 – 3 Tons
  • Above 3 Tons

by Application

  • Warehouse & Logistics
  • Automotive
  • Food & beverages
  • Healthcare
  • Aerospace
  • Others

by Geography

  • North America
  • US
  • Canada
  • Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Company Profiles

  • Eurogroep
  • Fetch Robotics
  • Fori Automation
  • Savant Automation
  • SCOTT
  • Simplex Robotics AGCs
  • America in Motion
  • Oceaneering
  • IDC Corporation
  • Toyota
  • Morello
  • Wolter
  • Motion Control Robotics
  • ADVANCED Motion Controls
  • OCC Systems
  • Track Systems
  • Jtech Industries
  • Corecon

For more information about this report visit https://www.researchandmarkets.com/r/r87te-guided?w=4

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