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Technology Advancement in Automatic Guided Vehicles Market, 2015-2025 by Fmi

  • Date Submitted: 11/26/2015 08:25 PM
  • Flesch-Kincaid Score: 16.3 
  • Words: 623
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As the industrialization is growing globally, the need for automation is growing in parallel with it as well. Industries such as automotive, food & beverages, manufacturing, healthcare, logistics and aerospace require extensive automation for various day to day operations. Material handling is the one of the day to day operation that requires accuracy and agility.

Automotive guided vehicles are used for material handling in various industries.   Automotive guided vehicles are robots that use magnets, lasers, markers, vision to navigate. They are used at manufacturing plants or warehouses to move materials. Manufacturing facility and warehouses use automotive guided vehicles to increase the efficiency by reducing the time required to move materials and at the same time reducing the costs as well. Some of the operational usages of automotive guided vehicles are: moving materials and store the raw materials or finished products.

The safety concerns and growth in the industrialization is propelling the growth of global automotive guided vehicles market.

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Automatic Guided Vehicles Market: Drivers and Challenges        
Growth in industries such as automotive, manufacturing, aerospace, food & beverages and healthcare is fueling the growth of global automatic guided vehicles market. Automotive guided vehicles help manufacturing plants and warehouses to reduce the costs and increase the efficiency of the moving & stowing operations. Stringent government regulations pertaining to the safety are also propelling the growth of the global automatic guided vehicles market. As the global economy is expected to grow in the near future, the per capita income & consumption in expected to grow as well. Growing population with the high per capita income is propelling the growth for the global guided vehicles market.

Though, the importance of the automatic guided vehicles is...

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