Automated Guided Vehicle (AGV) Software Market – Growing E-commerce Industry to Boost Growth
NEW YORK, Sept. 16, 2021 /PRNewswire/ — Technavio’s latest research report on the Automated Guided Vehicle (AGV) Software Market offers a comprehensive analysis of new product launches, the latest trends, and the post-pandemic impact on businesses . Technavio has announced its latest market research report titled Automated Guided Vehicle Software Market by Type and Geography – Forecast and Analysis 2021-2025 The automated guided vehicle (AGV) software market size is expected to increase by $ 284.65 mn at a CAGR of almost 9% during 2021-2025. Download a free sample report right away!
The AGV market is driven by factors such as the growing e-commerce industry, the need to improve warehouse operational efficiency, and digital transformation. However, resistance to adopting new technology is hindering the market growth.
The advent of integrated industry 4.0 with IoT will have a positive impact on the growth of vendors. On the other hand, the interoperability issues are expected to reduce the growth potential in the market.
The automated guided vehicle (AGV) software market report provides complete insights on key vendors including Daifuku Co. Ltd., Honeywell International Inc., John Bean Technologies Corp., KION GROUP AG, Kollmorgen Corp., KUKA AG, Oceaneering International Inc., SSI SCHAEFER Group, TGW LOGISTICS GROUP GmbH, and Toyota Industries Corp.
The competitive scenario provided in the automated guided vehicle (AGV) software market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation By Type, the market is classified into segments – In-built vehicle software and Integrated software. The automated guided vehicle software market share growth by the in-built vehicle software segment has been significant.
By Geography, the market is classified as Europe, North America, APAC, South America, and MEA. APAC will have the largest share of the market.
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