The AGV or AMR market is expected to experience significant growth between 2023 and 2030. This market research report analyzes the industry based on regions, applications, and types of AGVs or AMRs. It aims to provide valuable insights to stakeholders, vendors, and participants in the industry.
The largest manufacturers of AGVs or AMRs worldwide include Fetch Robotics, Magazino GmbH, Geek+, ForwardX Robotics, and many others. These companies play a crucial role in driving the growth of the market and are expected to continue expanding their presence in the future.
North America, particularly the United States, is set to be a key player in the AGV or AMR market. The region’s high adoption of advanced technology and the presence of major players create ample growth opportunities. Europe is also expected to experience significant growth in the market during the forecast period.
The market size of the AGV or AMR industry is projected to reach multimillion USD by 2030, with a considerable CAGR from 2022 to 2030. Despite intense competition, the global recovery trend has generated optimism among investors, leading to new investments in the field.
The report categorizes the AGV or AMR market based on manufacturers, regions, types, and applications. It provides detailed cost analysis, supply chain information, and insights into consumer behavior and market dynamics.
The growth of the AGV or AMR market can be attributed to the increasing demand in various industries such as manufacturing, logistics, healthcare, agriculture, and retail. These applications have a direct impact on driving the growth of the market.
Different types of AGVs or AMRs are available in the market, including conveying (both =500kg), single piece conveying, towing, and pallet moving. Conveying, in particular, holds the largest market share in 2023.
Leading regions in the AGV or AMR market include North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Each region contributes to the overall growth of the market, with North America and Europe leading the way.
In summary, the AGV or AMR market is expected to witness significant growth in the coming years. The presence of key manufacturers, increasing demand in various applications, and technological advancements are driving factors for this growth. Investment in this industry is expected to continue, contributing to its expansion.
Sources:
– Market Research Report on AGV or AMR Market
– Company websites and reports