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Automated Guided Vehicle Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Automated Guided Vehicle Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Specialized Vehicle Manufacturing | May 2016

On track: Industry demand will rise as technology improves and corporate profit grows

IBISWorld’s Automated Guided Vehicle Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Egemin Automation Egemin Automation market share
JBT Corporation JBT Corporation market share
Jervis B. Webb Jervis B. Webb market share
Industry Statistics & Market Size
Revenue
$199m
Annual Growth 11-16
8.3%
Annual Growth 16-21
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Profit
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Employment
1,130
Businesses
44
Industry Analysis & Industry Trends

Over the past five years, operators in the Automated Guided Vehicle (AGV) Manufacturing industry have lifted itself to new highs. As the economy expanded, industrial production and freight volumes climbed. Consequently, the need for more goods to be moved throughout manufacturing and logistics facilities grew. As a result, demand for AGVs increased. Over the next five years, industry revenue is expected to continue growing. Increasing manufacturing and transportation activity and a continued emphasis on productivity are anticipated to propel demand for industry products. Moreover, as operators adapt AGVs to accommodate more industries, their proliferation throughout the entire economy will rise. However, an appreciating dollar and competition will temper the rate of growth.... purchase to read more

Industry Report - Starting a New Business Chapter

The Automated Guided Vehicle Manufacturing industry exhibits moderate barriers to entry. On one hand, there are no licensing requirements, government regulations or resource constraints that are significant enough to prevent firms from entering the industry. Nonetheless, the cost of establishing manufacturing facilities and sourcing skilled employees may deter some firms from entering the industry. Moreover, a small number of industry players, many of which are subsidiaries of larger companies, already have a foothold in the industry and command more resources than new entrants. Therefore, new companies would have to invest into innovative products and services in order to gain market share... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Automated Guided Vehicle Manufacturing Industry?

This industry manufacture automated guided vehicles (AGV), which are mobile robots used for material handling and tracking or repetitive tasks. These vehicles follow markers or use vision or lasers to navigate in commercial settings.

Industry Products
Wire systemsLaser systems
 
Industry Activities
Manufacturing automated guided vehicles for assembly linesManufacturing automated guided vehicles for forkliftingManufacturing automated guided vehicles for other industries' production linesManufacturing automated guided vehicles for handling and tracking inventory


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