The Automated guided vehicle (AGV) systems effectively succor to move and transport items in manufacturing conveniences, warehouses, and distribution centers without any perpetual conveying system or manual involvement. It follows configurable attendant paths for optimization of storage, picking, and transport purposes in the surrounding of premium space. The AGVs are being greatly adopted due to numerous benefits, such as reduced labor costs, decreased product damage, augmented productivity, and scale to support automation procedures. Such notable advantages are heartening the transportation and logistics firms to position AGVs in order to boost the proficiency of their operations.
According to the report analysis, ‘North America Automated Guided Vehicle (AGV) Market 2020-2026 by Offering, Vehicle Type, Navigation Technology, Battery Type, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity’ states that around the North America Automated Guided Vehicle (AGV) market there are numerous players which presently operating more proficiently over the upcoming years for leading the highest market growth and dominating the handsome value of market share around the region while decreasing the prices of such, employing the young work force, developing the applications of such, spreading the awareness connected to such, analyzing the strategies and policies of competitors and government, establishing the several research and development programs and implementing the strategies of profit making includes Balyo Inc., EK Automation, Bastian Solutions, Inc., AGVE Group, Daifuku Co., Ltd., Egemin Automation Inc., Elettric80 SpA, Fetch Robotics, Inc., Hyster-Yale Group, Inc., inVia Robotics, Inc., JBT Corporation, Dematic Corp., Kollmorgen, KMH Systems, Inc., Schaefer Systems International, Inc., Seegrid Corporation, Swisslog Holding Ltd., System Logistics Spa, Locus Robotics, Toyota Industries Corporation, and Transbotics.
Whereas, during the present COVID-19 pandemic scenario, unobtainability of workforce, owing to lockdowns executed by governments and halt of manufacturing functions at has progressively impacted the automated guided vehicle market. However, the market is projected to exhibit extraordinary growth rate in the future, due to augment in requirement for contact less and efficient logistics infrastructure. The effective augment in requirement for automation and automated guided vehicles in several industries and increase in protection, accuracy, and productivity drive growth of the automated guided vehicle market. In addition, deduction of labor cost in organizations also booms up the growth of the market.
Furthermore, due to speedy technological advancements in robotics and automation, the manufacturing segment has observed increased implementation of robotics engineering and technology into its production procedure. Producers are considering aspects such as load, orientation, speed, precision, duty cycle, travel, and environment before choosing the robot that will deliver the most proficient and money-making results in their manufacturing plant.
An articulated robot is one of the most deliberated forms of industrial robots. It resembles a human arm in its mechanical configuration. The Articulated robots having six degrees of freedom are the most frequently used industrial robots as the design proposes the maximum flexibility and its usage in several applications such as food packaging, automotive assembly, forging application, and several others. Therefore, in the near years, it is predicted that the market of automated guided vehicle will increase around the region more significantly over the forthcoming years.
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Ankur Gupta, Head Marketing & Communications