Industry Analysis & Industry Trends
The Automated Guided Vehicle Manufacturing industry is made up of manufacturing companies that sell products to aid their customers' manufacturing processes. Over the next five years, growing industrial activity and freight volumes will increase demand for AGVs, thereby boosting industry revenue.... purchase to read more
Industry Report - Industry Products Chapter
Automated guided vehicles (AGVs) are typically wheel-based load carriers or other vehicles that follow computer-controlled paths through laser-guided navigation or through magnetic tape across a plant floor. Firms in this industry manufacture different vehicle types that can be used for a variety of applications across a number of different industries, but primarily in an industrial or commercial setting. In general, vehicle sales have been skyrocketing over the past five years.
Laser-guided AGV systems account for an estimated 58.0% of industry revenue. In this type of system AGV shoot lasers at a number of reflectors installed around a particular area. The AGV can then use the signal information to calculate it location and determine is path... purchase to read more