Automated Guided Vehicle Market in North America is expected to register a CAGR of 13.2% during the forecast period (2019-2025) - KBV Research

29-Feb-2020 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report North America Automated Guided Vehicle Market, published by KBV Research, the North America Automated Guided Vehicle Market would witness market growth of 13.2% CAGR during the forecast period (2019-2025).

The US market dominated the North America Pallet Truck Automated Guided Vehicle (AGV) Market by Country in 2018, growing at a CAGR of 11.9 % during the forecast period. The Canada market is exhibiting a CAGR of 15.2% during (2019 - 2025). Additionally, The Mexico market is anticipated to grow at a CAGR of 14.2% during (2019 - 2025).

The Logistics & Warehousing market dominated the Canada Automated Guided Vehicle (AGV) Market by Application in 2018, growing at a CAGR of 14.5 % during the forecast period. The Assembly market is experiencing a CAGR of 15.4% during (2019 - 2025). Additionally, The Packaging market would grow at a CAGR of 16.5% during (2019 - 2025).

The Automotive market dominated the Mexico Automated Guided Vehicle (AGV) Market by End User in 2018, thereby, achieving a market value of $37.6 million by 2025. The Manufacturing market is poised to grow at a CAGR of 13.6% during (2019 - 2025). The Logistics market is showcasing a CAGR of 16.8% during (2019 - 2025). Additionally, The Food & Beverages market is expected to grow at a CAGR of 16.2% during (2019 - 2025).

Report Structural Insights: https://www.kbvresearch.com/north-america-automated-guided-vehicle-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Kion Group (Dematic), Toyota Industries Corporation (Bastian Solutions LLC), Daifuku Co., Limited, John Bean Technologies Corporation, Oceaneering International, Inc., Kuka AG (Swisslog Holding), Hyster-Yale Materials Handling, Inc., E&K Automation GmbH, and The Krones Group.