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Global Automated Guided Vehicle (AGV) Software Markets to 2023 - Advent of Integrated Industry 4.0 with IoT to Drive the Market - ResearchAndMarkets.com

February 6, 2019

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

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

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.

Competitive Landscape

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 Players

Daifuku Honeywell International Kion Group Murata Machinery SSI Schaefer

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem Market characteristics Market segmentation analysis

PART 04: MARKET SIZING

Market definition Market sizing 2018 Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition

PART 06: MARKET SEGMENTATION BY TYPE

Comparison 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 LANDSCAPE

Geographic 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 LANDSCAPE

Overview Landscape disruption Competitive scenario

PART 12: VENDOR ANALYSIS

Vendors 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

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/06/2019 10:40 AM/DISC: 02/06/2019 10:40 AM

http://www.businesswire.com/news/home/20190206005469/en

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