Automated Guided Vehicle Market in Europe is expected to register a CAGR of 12.9% during the forecast period (2019-2025) - KBV Research

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According to a new report Europe Automated Guided Vehicle Market, published by KBV Research, the Europe Automated Guided Vehicle Market would witness market growth of 12.9% CAGR during the forecast period (2019-2025).

The Germany market is one of the major regions in Europe Automated Guided Vehicle (AGV) Software Market by Country in 2018, growing at a CAGR of 12.4 % during the forecast period. The UK market showcases prominent growth rate CAGR of 12.9% during (2019 - 2025). Additionally, The France market is anticipated to grow at a CAGR of 14.6% during (2019 - 2025).

The Tow Vehicle market dominated the France Automated Guided Vehicle (AGV) Market by Type in 2018, thereby, achieving a market value of $106.2 million by 2025. The Pallet Truck market is expected to grow at a CAGR of 13.3% during (2019 - 2025). Additionally, The Unit Load Carrier market is showcasing a CAGR of 15.2% during (2019 - 2025).

The Laser Guidance market dominated the Spain Automated Guided Vehicle (AGV) Market by Navigation Technology in 2018, growing at a CAGR of 13.7 % during the forecast period. The Vision Guidance market is poised to grow at a CAGR of 15.1% during (2019 - 2025). Additionally, The Magnetic Guidance market is witnessing a CAGR of 15.7% during (2019 - 2025).

Structural Insights: https://www.kbvresearch.com/europe-automated-guided-vehicle-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ABB Group, Kion Group (Dematic), Toyota Industries Corporation (Bastian Solutions LLC), Daifuku Co., Limited, John Bean Technologies Corporation, Oceaneering International, Inc., Kuka AG (Swisslog Holding), Hyster-Yale Materials Handling, Inc., E&K Automation GmbH, and The Krones Group.