Automated Guided Cart Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026


Posted January 11, 2019 by poojasathawane

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

 
Automated guided carts (AGCs), is a subset of automated guided vehicles (AGVs), are driverless, flexible, and fully automated transport systems. Automated guided carts are self-operated controlled carts, which are guided by magnetic tape offer assembly line operation and material transportation. They are fitted with collision avoidance and guidance systems and transports products and materials without human intervention. AGCs provide consistent and reliable point-to-point movement of goods, ranging from minor fragments to heavy loads.
The global automated guided cart market can be segmented based on type, application, and region. In terms of type, the automated guided cart can be bifurcated into forklift, assembly line vehicle, tow vehicle, and others. The tow vehicle segment accounts for a major share of the market. Tow vehicles are a highly productive type of automated guided cart, as they are capable of carrying greater loads as compared to other type of AGCs.
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Based on region, the automated guided cart market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe dominates the global automated guided cart market. This is due to early adoption of automation and technology, expansion of the automotive industry, and shortage of labor in the region.
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Last Updated January 11, 2019