Industry Analysis & Industry Trends
The Automated Guided Vehicle Manufacturing industry is made up of manufacturing companies that sell products to aid their customer's manufacturing processes. Often, automative guided vehicles (AGVs) are not the main service that major players offer. Industry revenue relies on industrial production levels since downstream customers will buy more AGVs when their businesses are performing well.... purchase to read more
Industry Report - Industry Investment Chapter
The Automated Guided Vehicle Manufacturing industry exhibits a low level of capital intensity. For every dollar spent on wages, the average industry firm will invest roughly $0.11 in capital equipment. The design and assembly of some of the industry's products, particularly AGV systems and software, involve a significant amount of skilled human labor. In addition, skilled labor is required to monitor production lines, undertake research and development, give customers advice about the most suitable material handling equipment for their needs, and perform maintenance and repairs.
Nonetheless, the manufacturing process involves a large amount of capital equipment in the form of production lines, which use automated machinery to complete repetitive tasks... purchase to read more