Global Tugger Automated Guided Vehicle Market was valued at USD 537.50 Million in 2021 and is expected to reach USD 891.74 Million by the year 2028, at a CAGR of 7.5%.The Analysis Period 2023-2030.
Automated Guided Vehicles or Automatic Guided Vehicles (AGVs) are computer-controlled, and driverless vehicles utilized for transporting products or material loads from one place to another. Tugger AGVs are programmed to move material loads between manufacturing and warehouse facilities without human intervention and if there is frequent human intervention they can be designed for manual control. Tugger AGVs can have guidance technologies such as floor-surface mounted magnetic tape or bars, lasers, radio waves, and optical sensors or vision cameras for navigation.
Top Key Players Covered in The Tugger Automated Guided Vehicle Market
Daifuku (Japan), Dematic (US), Egemin Automation (US), JBT (US), Meidensha (Japan), Corecon (US), Seegrid (US), Aethon (US) ,Doerfer (US),Savant Automation (US), Bastian Solutions (US), Murata (Japan), Scott (Switzerland), Wolter Group LLC (US) and others major players.
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For the Purpose Of This Report, Reports And Data Has Segmented The Global Tugger Automated Guided Vehicle Market On The Basis Of Type, By Source, By Product, And Region:
By Type
By Hitch
By Application
By End- User
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By Region
Covid-19 Impact Analysis on Tugger Automated Guided Vehicle Market
The rapid spread of the SARS CoV-2 virus adversely affected the manufacturing process of several industry verticals. The restriction on the number of workforces led to limited production of goods. In addition, the restriction on transportation created a huge demand and supply gap for various goods. The unprecedented outbreak of COVID-19 didn't give the industries and companies time, to plan and restrict losses. COVID-19 has severely affected all the industry verticals worldwide, including the automotive industry that was already coping with a decline in global demand. The restrictions on the number of workers in different industries can be overcome by employing AGVs in factories.
Report Includes Competitor's Landscape:
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Nov 08, 2023