Global Automated Guided Vehicle (AGV) Software Markets to 2023 - Advent of Integrated Industry 4.0 with IoT to Drive the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 6, 2019--The “Global Automated Guided Vehicle (AGV) Software Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The automated guided vehicle (AGV) software market will register a CAGR of over 11% by 2023.
The advent of integrated Industry 4.0 with IoT to drive market growth
The global economy is currently recording the adoption of industrial automation across various end-user industries, which is termed as the 4.0 Industrial Revolution.
This current trend of automation for data exchange in manufacturing and other labor-intensive processes includes the loT, cyber-physical systems, and cloud computing. Robotics systems controlled by remote computers, which are equipped with machine learning, are used to process a wide range of materials with minimal human intervention.
Digital transformation across industries such as healthcare, transportation and logistics, retail, hospitality, and manufacturing is driving the growth of the global AGV software market.
In the manufacturing and logistics industries, numerous advanced features are being introduced in the AGV software to improve the efficiency of operations. The emergence of advanced analytics, 360-degree feedback, and the loT is making warehouse tasks complex (such as time and performance management), which an AGV software can easily manage.
Interoperability issues is a major challenge in the market. Compatibility problems among different software applications, which varying AGV vendors develop increase the interoperability issues.
The lack of interoperability makes information sharing between the AGVs and other warehouse sensors difficult. This may give rise to errors in the task performance of the AGVs. Therefore, the lack in interoperability leaves end-users unsatisfactory, which impedes the growth of the global AGV software market.
The market appears to be fragmented and with the presence of several companies including Daifuku and Honeywell International, the competitive environment is quite intense.
Key PlayersDaifuku Honeywell International Kion Group Murata Machinery SSI Schaefer
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY TYPEComparison by type In-built vehicle software - Market size and forecast 2018-2023 Integrated software - Market size and forecast 2018-2023 Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison Europe - Market size and forecast 2018-2023 North America - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 10: DRIVERS AND CHALLENGES
PART 11: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Daifuku Honeywell International Kion Group Murata Machinery SSI Schaefer
For more information about this report visit https://www.researchandmarkets.com/research/pkwnc2/global_automated?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190206005469/en/
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Related Topics:Software,Industrial Automation
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
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PUB: 02/06/2019 10:40 AM/DISC: 02/06/2019 10:40 AM