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Increasing Adoption of Automated Guided Cart by SMEs; The Automated Guided Cart Market to Reach More than USD 400 Million by 2028 - AriztonCHICAGO, Feb. 7, 2023 /PRNewswire/ -- According to Arizton's latest research report, the automated guided cart market will grow at a CAGR of 10% from 2022-2028. There is a huge increase in the consumption of automated guided carts owing to the increasing industrial sector. Manufacturing industries also focus on adopting new technologies and equipment to reduce labor costs, increase efficiency, and curtail transportation time. Warehousing also significantly impacts the demand for automated guided carts owing to retailers and small manufacturing companies adopting material-handling equipment. Further, increasing lead times and efficient operations will boost the growth of the automated guided cart market in the upcoming years.  The global automated guided cart market is highly concentrated, with many local and international players. The competition among these players is intense, and rapidly changing technological scenarios could adversely affect vendors as customers expect continual innovations and upgrades in the AGCs domain. Some global automated guided cart market vendors are Fori Automation, Toyota Industries, America in Motion, Oceaneering, IDC Corporation, Savant Automation, Eurogroep, and others. Automated Guided Cart Market Report Scope
Click Here to Download the Free Sample Report The booming e-commerce industry in the APAC region is driving the growth of the automated guided cart market. Companies such as Alibaba, AliExpress, Amazon (Australia, India, & Japan), and eBay (Australia & India). Etsy (Australia), Flipkart, GraysOnline, JingDong (JD), Rakuten, XiaoHongShu, Snapdeal, Tmall Global, and Taobao are emphasizing efforts in the automation sector for material handling processes to cater to the changing consumer expectations as well as cope up with the increasing competitiveness in the market. For instance, Alibaba is home to the largest number of mobile robots. The growing automotive industry in the APAC region is expected to be the highest adopter of automated guided carts. Factors such as the abundance of resources along with cheap labor have attracted several global OEMs to establish state-of-the-art manufacturing facilities. The government in major economies has adopted stringent safety and quality measures to ensure the safety of consumers. This has driven manufacturers to adopt automated guided carts to help lower operational and maintenance costs and increase efficiency in product maintenance. Additionally, this technology enables quick product delivery, which, in turn, helps to develop customer loyalty. Hence, stable economic growth, coupled with the rapid expansion of the manufacturing sector, is expected to boost the adoption rate of automated guided carts during the forecast period. Company Profiles
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Click Here to Download the Free Sample Report Check Out Some of the Top-Selling Research Related Reports: Disinfection Robots Market - The global disinfection robots market size is expected to reach a revenue of USD 561.45 million by 2026. The sudden outbreak of COVID-19 boosts the usage of disinfection robots, mainly in hospitals, where the risk of cross-contamination is high and can lead to hospital-associated infections (HAIs) in patients. The installation of robotic technologies will play a significant role in curbing future global crises. Commercial Service Robot Market - The commercial service robot market will reach USD 20 billion by 2025. North America has been at the forefront of technological advancement and development. Although the sales of emerging brands remain moderate in the North American region, the growing replacement demand for conventional processes will likely fuel the market growth during the forecast period. Commercial Scrubbers and Sweepers - The global commercial scrubbers and sweepers market is expected to reach USD 7.67 billion by 2027. Futuristic inventions in mainstream robotics and other complementary technologies will likely boost investor confidence in the market and thereby increase VC funding. While startups are expected to adopt advanced and modern technology with demonstrable features, existing vendors will continue improvising their product portfolio with upgrades. Thus, introducing upgrades will fuel the market growth during the forecast period. Purchasing high-quality sweepers and scrubbers may involve more initial costs but can save money in the long run since they require lesser maintenance." Automated Guided Vehicle (AGV) Market - The global automated guided vehicle (AGV) market will grow at a CAGR of 46.74% during 2020-2025. Automatic guided vehicles in the retail segment are expected to grow rapidly. The swift growth of online sales in the retail sector and the increasing usage of AGVs in warehouses enable companies to offer speedy product delivery. Warehouse managers are expected to focus on the latest automatic guided vehicle techniques to minimize manual labor expenditure, improve retrieval and storage tasks, and streamline material transport, full-case palletizing, and carton picking. Table of Content 1 RESEARCH METHODOLOGY 2 RESEARCH OBJECTIVES 3 RESEARCH PROCESS 4 SCOPE & COVERAGE 4.1 MARKET DEFINITION 4.1.1 INCLUSIONS 4.1.2 EXCLUSIONS 4.1.3 MARKET ESTIMATION CAVEATS 4.2 BASE YEAR 4.3 SCOPE OF THE STUDY 4.4 MARKET SEGMENTS 4.4.1 MARKET SEGMENTATION BY TYPE 4.4.2 MARKET SEGMENTATION BY NAVIGATION 4.4.3 MARKET SEGMENTATION BY LOAD CAPACITY 4.4.4 MARKET SEGMENTATION BY APPLICATION 4.4.5 MARKET SEGMENTATION BY GEOGRAPHY 5 REPORT ASSUMPTIONS & CAVEATS 5.1 KEY CAVEATS 5.2 CURRENCY CONVERSION 5.3 MARKET DERIVATION 6 PREMIUM INSIGHTS 6.1 MARKET OVERVIEW 6.2 MARKET DYNAMICS: KEY TRENDS, DRIVERS, AND RESTRAINTS 6.2.1 MARKET TRENDS 6.2.2 MARKET DRIVERS 6.2.3 MARKET RESTRAINTS 6.3 SEGMENT ANALYSIS 6.4 GEOGRAPHICAL ANALYSIS 6.5 COMPETITIVE LANDSCAPE 6.6 ABOUT THE REPORT 7 MARKET AT A GLANCE 8 INTRODUCTION 8.1 OVERVIEW 8.2 AGCS IN LOGISTICS 8.3 OPERATIONS OF AGCS 8.4 BATTERIES USED IN AGCS 8.5 VALUE CHAIN ANALYSIS 8.5.1 RAW MATERIAL AND COMPONENT SUPPLIERS 8.5.2 MANUFACTURERS 8.5.3 DEALERS/DISTRIBUTORS/RETAILERS 8.5.4 END-USERS 9 MARKET OPPORTUNITIES & TRENDS 9.1 INDUSTRY 4.0 PROMOTING INDUSTRIAL AUTOMATION 9.2 GROWING ADOPTION OF ARTIFICIAL INTELLIGENCE (AI) 9.3 INCREASING ADOPTION OF AGCS BY SMES 10 MARKET GROWTH ENABLERS 10.1 RISING AUTOMATION IN MATERIAL HANDLING 10.2 IMPLEMENTATION OF HIGH SAFETY STANDARDS AT WORKPLACES 10.3 INCREASING DEMAND FOR HIGHER PRODUCTIVITY & FLEXIBILITY IN PRODUCTION 11 MARKET RESTRAINTS 11.1 GROWING POPULARITY OF SELF-DRIVING VEHICLES (SDVS) 11.2 LOW LABOR COSTS IN EMERGING COUNTRIES 11.3 VOLATILITY IN RAW MATERIAL PRICES 12 MARKET LANDSCAPE 12.1 MARKET OVERVIEW 12.2 MARKET SIZE & FORECAST 12.3 FIVE FORCES ANALYSIS 12.3.1 THREAT OF NEW ENTRANTS 12.3.2 BARGAINING POWER OF SUPPLIERS 12.3.3 BARGAINING POWER OF BUYERS 12.3.4 THREAT OF SUBSTITUTES 12.3.5 COMPETITIVE RIVALRY 13 TYPE 13.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE) 13.2 MARKET SNAPSHOT & GROWTH ENGINE (UNITS) 13.3 MARKET OVERVIEW 13.4 PIN HOOK AGCS 13.4.1 MARKET SIZE & FORECAST 13.4.2 MARKET BY GEOGRAPHY (REVENUE) 13.4.3 MARKET BY GEOGRAPHY (UNITS) 13.5 LIFTING DEVICE AGCS 13.5.1 MARKET SIZE & FORECAST 13.5.2 MARKET BY GEOGRAPHY (REVENUE) 13.5.3 MARKET BY GEOGRAPHY (UNITS) 14 NAVIGATION 14.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE) 14.2 MARKET SNAPSHOT & GROWTH ENGINE (UNITS) 14.3 MARKET OVERVIEW 14.4 MAGNETIC GUIDANCE 14.4.1 MARKET SIZE & FORECAST 14.4.2 MARKET BY GEOGRAPHY (REVENUE) 14.4.3 MARKET BY GEOGRAPHY (UNITS) 14.5 LASER GUIDANCE 14.5.1 MARKET SIZE & FORECAST 14.5.2 MARKET BY GEOGRAPHY (REVENUE) 14.5.3 MARKET BY GEOGRAPHY (UNITS) 14.6 NATURAL GUIDANCE 14.6.1 MARKET SIZE & FORECAST 14.6.2 MARKET BY GEOGRAPHY (REVENUE) 14.6.3 MARKET BY GEOGRAPHY (UNITS) 14.7 OPTICAL GUIDANCE 14.7.1 MARKET SIZE & FORECAST 14.7.2 MARKET BY GEOGRAPHY (REVENUE) 14.7.3 MARKET BY GEOGRAPHY (UNITS) 14.8 OTHERS 14.8.1 MARKET SIZE & FORECAST 14.8.2 MARKET BY GEOGRAPHY (REVENUE) 14.8.3 MARKET BY GEOGRAPHY (UNITS) 15 LOAD CAPACITY 15.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE) 15.2 MARKET SNAPSHOT & GROWTH ENGINE (UNITS) 15.3 MARKET OVERVIEW 15.4 UP TO 0.5 TONS 15.4.1 MARKET SIZE & FORECAST 15.4.2 MARKET BY GEOGRAPHY (REVENUE) 15.4.3 MARKET BY GEOGRAPHY (UNITS) 15.5 0.5–3 TONS 15.5.1 MARKET SIZE & FORECAST 15.5.2 MARKET BY GEOGRAPHY (REVENUE) 15.5.3 MARKET BY GEOGRAPHY (UNITS) 15.6 ABOVE 3 TONS 15.6.1 MARKET SIZE & FORECAST 15.6.2 MARKET BY GEOGRAPHY (REVENUE) 15.6.3 MARKET BY GEOGRAPHY (UNITS) 16 APPLICATION 16.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE) 16.2 MARKET SNAPSHOT & GROWTH ENGINE (UNITS) 16.3 MARKET OVERVIEW 16.4 WAREHOUSE & LOGISTICS 16.4.1 MARKET SIZE & FORECAST 16.4.2 MARKET BY GEOGRAPHY (REVENUE) 16.4.3 MARKET BY GEOGRAPHY (UNITS) 16.5 AUTOMOTIVE 16.5.1 MARKET SIZE & FORECAST 16.5.2 MARKET BY GEOGRAPHY (REVENUE) 16.5.3 MARKET BY GEOGRAPHY (UNITS) 16.6 FOOD & BEVERAGE 16.6.1 MARKET SIZE & FORECAST 16.6.2 MARKET BY GEOGRAPHY (REVENUE) 16.6.3 MARKET BY GEOGRAPHY (UNITS) 16.7 HEALTHCARE 16.7.1 MARKET SIZE & FORECAST 16.7.2 MARKET BY GEOGRAPHY (REVENUE) 16.7.3 MARKET BY GEOGRAPHY (UNITS) 16.8 AEROSPACE 16.8.1 MARKET SIZE & FORECAST 16.8.2 MARKET BY GEOGRAPHY (REVENUE) 16.8.3 MARKET BY GEOGRAPHY (UNITS) 16.9 OTHERS 16.9.1 MARKET SIZE & FORECAST 16.9.2 MARKET BY GEOGRAPHY (REVENUE) 16.9.3 MARKET BY GEOGRAPHY (UNITS) 17 GEOGRAPHY 17.1 MARKET SNAPSHOT & GROWTH ENGINE (REVENUE) 17.2 MARKET SNAPSHOT & GROWTH ENGINE (UNITS) 17.3 GEOGRAPHIC OVERVIEW 18 APAC 18.1 MARKET SIZE & FORECAST 18.2 TYPE 18.2.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 18.3 NAVIGATION 18.3.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 18.4 LOAD CAPACITY 18.4.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 18.5 APPLICATION 18.5.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 18.6 KEY COUNTRIES (REVENUE) 18.7 KEY COUNTRIES (UNITS) 18.7.1 CHINA: MARKET SIZE & FORECAST 18.7.2 JAPAN: MARKET SIZE & FORECAST 18.7.3 AUSTRALIA: MARKET SIZE & FORECAST 18.7.4 SOUTH KOREA: MARKET SIZE & FORECAST 18.7.5 INDIA: MARKET SIZE & FORECAST 19 EUROPE 19.1 MARKET SIZE & FORECAST 19.2 TYPE 19.2.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 19.3 NAVIGATION 19.3.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 19.4 LOAD CAPACITY 19.4.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 19.5 APPLICATION 19.5.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 19.6 KEY COUNTRIES (REVENUE) 19.7 KEY COUNTRIES (UNITS) 19.7.1 GERMANY: MARKET SIZE & FORECAST 19.7.2 UK: MARKET SIZE & FORECAST 19.7.3 FRANCE: MARKET SIZE & FORECAST 19.7.4 ITALY: MARKET SIZE & FORECAST 19.7.5 SPAIN: MARKET SIZE & FORECAST 20 NORTH AMERICA 20.1 MARKET SIZE & FORECAST 20.2 TYPE 20.2.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 20.3 NAVIGATION 20.3.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 20.4 LOAD CAPACITY 20.4.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 20.5 APPLICATION 20.5.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 20.6 KEY COUNTRIES (REVENUE) 20.7 KEY COUNTRIES (UNITS) 20.7.1 US: MARKET SIZE & FORECAST 20.7.2 CANADA: MARKET SIZE & FORECAST 21 LATIN AMERICA 21.1 MARKET SIZE & FORECAST 21.2 TYPE 21.2.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 21.3 NAVIGATION 21.3.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 21.4 LOAD CAPACITY 21.4.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 21.5 APPLICATION 21.5.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 21.6 KEY COUNTRIES (REVENUE) 21.7 KEY COUNTRIES (UNITS) 21.7.1 BRAZIL: MARKET SIZE & FORECAST 21.7.2 MEXICO: MARKET SIZE & FORECAST 21.7.3 ARGENTINA: MARKET SIZE & FORECAST 22 MIDDLE EAST & AFRICA 22.1 MARKET SIZE & FORECAST 22.2 TYPE 22.2.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 22.3 NAVIGATION 22.3.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 22.4 LOAD CAPACITY 22.4.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 22.5 APPLICATION 22.5.1 MARKET SIZE & FORECAST (REVENUE & UNITS) 22.6 KEY COUNTRIES (REVENUE) 22.7 KEY COUNTRIES (UNITS) 22.7.1 SOUTH AFRICA: MARKET SIZE & FORECAST 22.7.2 SAUDI ARABIA: MARKET SIZE & FORECAST 22.7.3 UAE: MARKET SIZE & FORECAST 23 COMPETITIVE LANDSCAPE 23.1 COMPETITION OVERVIEW 24 COMPANY PROFILES 24.1 EUROGROEP 24.1.1 BUSINESS OVERVIEW 24.1.2 PRODUCT OFFERINGS 24.2 FETCH ROBOTICS 24.3 FORI AUTOMATION 24.4 SAVANT AUTOMATION 24.5 SCOTT 24.6 SIMPLEX ROBOTICS 24.7 AMERICA IN MOTION 24.8 OCEANEERING 24.9 IDC CORPORATION 24.10 TOYOTA 24.11 MORELLO 24.12 WOLTER 24.13 MOTION CONTROL ROBOTICS 24.14 ADVANCED MOTION CONTROLS 24.15 OCC SYSTEMS 24.16 TRACK SYSTEMS 24.17 JTECH INDUSTRIES 24.18 CORECON 25 REPORT SUMMARY 25.1 KEY TAKEAWAYS 25.2 STRATEGIC RECOMMENDATIONS 26 QUANTITATIVE SUMMARY 26.1 MARKET BY GEOGRAPHY 26.2 APAC 26.2.1 TYPE (REVENUE & UNITS) 26.2.2 NAVIGATION (REVENUE & UNITS) 26.2.3 LOAD CAPACITY (REVENUE & UNITS) 26.2.4 APPLICATION (REVENUE & UNITS) 26.3 EUROPE 26.3.1 TYPE (REVENUE & UNITS) 26.3.2 NAVIGATION (REVENUE & UNITS) 26.3.3 LOAD CAPACITY (REVENUE & UNITS) 26.3.4 APPLICATION (REVENUE & UNITS) 26.4 NORTH AMERICA 26.4.1 TYPE (REVENUE & UNITS) 26.4.2 NAVIGATION (REVENUE & UNITS) 26.4.3 LOAD CAPACITY (REVENUE & UNITS) 26.4.4 APPLICATION (REVENUE & UNITS) 26.5 LATIN AMERICA 26.5.1 TYPE (REVENUE & UNITS) 26.5.2 NAVIGATION (REVENUE & UNITS) 26.5.3 LOAD CAPACITY (REVENUE & UNITS) 26.5.4 APPLICATION (REVENUE & UNITS) 26.6 MIDDLE EAST & AFRICA 26.6.1 TYPE (REVENUE & UNITS) 26.6.2 NAVIGATION (REVENUE & UNITS) 26.6.3 LOAD CAPACITY (REVENUE & UNITS) 26.6.4 APPLICATION (REVENUE & UNITS) 26.7 TYPE 26.7.1 PIN HOOK AGCS (REVENUE & UNITS) 26.7.2 LIFTING DEVICE AGCS (REVENUE & UNITS) 26.8 NAVIGATION 26.8.1 MAGNETIC GUIDANCE (REVENUE & UNITS) 26.8.2 LASER GUIDANCE (REVENUE & UNITS) 26.8.3 NATURAL GUIDANCE (REVENUE & UNITS) 26.8.4 OPTICAL GUIDANCE (REVENUE & UNITS) 26.8.5 OTHER NAVIGATION (REVENUE & UNITS) 26.9 LOAD CAPACITY 26.9.1 UP TO 0.5 TONS (REVENUE & UNITS) 26.9.2 0.5–3 TONS (REVENUE & UNITS) 26.9.3 ABOVE 3 TONS (REVENUE & UNITS) 26.10 APPLICATION 26.10.1 WAREHOUSE & LOGISTICS (REVENUE & UNITS) 26.10.2 AUTOMOTIVE (REVENUE & UNITS) 26.10.3 FOOD & BEVERAGE (REVENUE & UNITS) 26.10.4 HEALTHCARE (REVENUE & UNITS) 26.10.5 AEROSPACE (REVENUE & UNITS) 26.10.6 OTHER APPLICATIONS (REVENUE & UNITS) 27 APPENDIX 27.1 ABBREVIATIONS About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.? Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.? Click Here to Contact Us?  Photo: https://mma.prnewswire.com/media/1997499/AUTOMATED_GUIDED_CART_MARKET.jpg
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