Global Automated Guided Vehicle Market 2019: Industry Key Players, Share, Trend, Applications, Forecast To 2025

Market Research Future published a half-cooked research report on the global automated guided vehicle market that contains the information from 2019 to 2025.  The global  automated guided vehicle market is expected to grow with a CAGR of 7.8% from 2019 to 2025.

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An automated guided vehicle (AGV) is a computer-controlled and wheel-based robot, used as a load carrier system, that travels along the floor of a facility without an onboard operator or driver. An AGV is a portable device who’s movement is directed by a combination of software and sensor-based guidance systems. AGVs are used in different industries for processing and handling applications, such as assembly line, kitting, staging, warehousing, and order picking. They provide automated material movement for numerous industries including automotive, beverage, chemicals, and commercial printing.

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Growing industrialization, developing economies in emerging countries, and rapid technological advancements in AGV systems create opportunities for new entrants in the global market. Increased investments in product development will enable strategic mergers with and acquisitions of small startup companies in this market, which will boost the global market during the forecast period. However, the major restraints for the global automated guided vehicle market is high cost of the system.

The global  automated guided vehicle market is estimated to witness 7.8% CAGR during the period, 2019 to 2025.

The global automated guided vehicle market is segmented on the basis of vehicle type, technology, application, industry, and region. On the basis of vehicle type, the global market has been segmented into tow vehicle, unit load carrier, fork lift vehicle, pallet trucks, assembly line vehicles, and others. On the basis of technology, the global market has been segmented into traditional guidance, laser guidance, natural features guidance, inductive guidance, and vision guided vehicle. On the basis of application, the global market has been segmented into transportation, distribution, assembly, roll handling, and others. On the basis of industry, the global market has been segmented into automotive, electrical & electronics, logistics & distribution, pharmaceuticals, plastics & polymers, food & beverage, and others.

On the basis of vehicle type, the tow vehicle segment accounted for the largest share in automated guided vehicle market in 2018 and is expected to grow at a significant rate over the forecast period. The tow vehicle has an ability to automatically pick up a load without any human interface or loading/unloading can be done manually and it can move heavy loads with multiple trailers than a single fork truck. Hence, the demand for tow vehicle is growing from various industries.

On the basis of technology, the laser guidance technology segment holds the largest share in the global market during forecast period. This can be attributed to the growing penetration of this type of technology across many industries such as automotive, healthcare, and food & beverage. The growing demand for flexible systems for vehicle movement and accurate navigation, boosts the growth of technology segment in the global automated guided market, further.

On the basis of industry, the automotive industry segment is projected to dominate the market throughout the forecast period due to the growing manufacturing operations in countries such as the US, Canada, China, Japan, Germany, and India. Furthermore, the increasing integration of industrial automation solutions is expected to create opportunities for the market, globally.

The key players operating across the value chain of the automated guided vehicle market are SSI Schaefer (Germany), Oceaneering International, Inc. (US), Swisslog Holding Ltd (Switzerland), Jungheinrich AG (Germany), ABB (Switzerland), Dematic (US), Hyster-Yale Materials Handling, Inc. (US), E&K Automation GmbH (UK), Seegrid Corporation (US), Scott (US), Daifuku Co., Ltd (Japan), JBT Corporation (US), Kion Group AG (Germany), Toyota Industries Corporatin (Japan), and KUKA AG (Germany).

The key development strategies adopted by these players are- development of new products and product launches, contracts, acquisitions, partnerships, and business expansions to fulfil the growing needs of the various end use industry  operating in the market. For instance, in August 2018, SSI Schaefer expanded its product portfolio by signing a cooperation contract with the Austrian AGV specialist, DS Automotion.

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global automated guided vehicle market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both, historical market values and pricing and cost analysis.

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Global Spinning Machinery Market 2019 Study and Analysis Research Report Forecast To 2025

Market Research Future published a Half-Cooked Research Report on the global spinning machinery market that contains the information from 2017 to 2025.  The global spinning machinery market is expected to progress with the CAGR of ~5.5% from 2019 to 2025.

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The growing textile infrastructure and spinning equipment service market is expected to drive the growth of the market during the forecast period. Considering the current scenario, the manufacturers are more inclined towards the development and manufacturing of spinning machinery in developing countries such as India, Brazil, China, and Mexico. Furthermore, the emerging economies and growing adoption of automation technology in spinning machinery are expected to create opportunities in the global market in terms of new demands and sales during the forecast period.  The stages of spinning include bale opening, conditioning of human-made fibers, blending, carding, drawing, speed frame, ring frame, and cone winding.

However, the lack of skilled workers and high costs associated with the spinning machinery is hindering the market growth during the forecast period. Therefore, the global spinning machinery market is estimated to witness ~5.5% CAGR during the forecast period, 2019–2025.

The global spinning machinery market is segmented based on type, raw material, application, and region. On the basis of type, the global market has been segmented into ring, rotor, and others. On the basis of material, the global market has been segmented into natural, synthetic, and others. On the basis of end-use industry, the global market has been segmented into clothing, textile, and others.

On the basis of type, the ring segment is expected to dominate the global market in terms of value during the forecast period. The ring spinning machinery provides a smoother surface finish, eliminates the buildup of vibration that can occur when machining at a fixed speed without sacrificing quality. Hence, due to these features, the demand for ring spinning is growing, which in turn further boost the market growth.

On the basis of material, the synthetic fibers segment is expected to witness significant growth in the global market during the forecast period, owing to increase in demand from outdoor, indoor, and commercial applications and growing human-made fiber-producing plants in the world.

On the basis of end-use industry, the textile industry segment is expected to dominate the global market in terms of value during the forecast period. The increasing adoption of automated textile machinery is expected to influence the demand for spinning machinery during the forecast period. On the other hand, the clothing segment is projected to grow at the highest rate than the textile and others segments due to the growing fashion industry around the world.

Geographically, in the global spinning machinery market, Asia–Pacific is expected to be the dominant region throughout the forecast period and is projected to register a higher growth rate than North America, Europe, and the rest of the world. This growth can be attributed to the rise in manufacturing activities and infrastructure development in China, Japan, and India. On the other hand, North America is projected to witness significant growth over the forecast period due to the presence of many major spinning machinery manufacturers in the US. Europe is expected to witness substantial growth owing to stringent government standards and growth of textile industry market in the region.

The prominent players operating in the global spinning machinery market are Rieter (Switzerland), Saurer AG (Switzerland), Murata Machinery USA, Inc. (US),  Lakshmi Machine Works Limited (India), Trützschler (Switzerland), Kirloskar Toyota Textile Machinery Pvt. Ltd (India), A.T.E. Private Limited (India), Itema S.p.A. (Italy), Marzoli Spinning Solutions (Italy), and Savio Macchine Tessili S.p.A. (Italy).

This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the necessary assessment of the competitive scenarios and strategies in the global spinning machinery market, including high-growth regions and/or countries, and political and economic environments. The project report further provides both – historical market values and pricing & cost analysis.

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Electric Wall Heater Market Competitive Landscape By 2025

Overview

The global electric wall heater market is expected to be valued at USD 4,566.18 million by 2025 with a CAGR of 5.66% during the forecast period (2019–2025).

The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. An electric wall heater consists of an electric element with a reflector behind it to reflect heat into the specified area. Electric wall heaters are installed on interior walls. The electric wall heater is designed to serve as a versatile solution to maintain the indoor temperature of both residential and non-residential applications. It provides several benefits such as ease of installation, excellent safety features, cost-effectiveness, space-saving, and energy efficiency.

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Regional Analysis

On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America is anticipated to lead the electric wall heater market during the forecast period, followed by Europe. North America is expected to witness an excellent growth in the electric wall heater market, owing to the rapid urbanization, increase in demand for comfort and convenience in homes, and rapidly changing lifestyle. The Occupational Safety and Health Administration (OSHA) has amended several norms regarding the heating solution standards in this country. An increase in the number of residential construction activities and extreme climatic conditions increase the demand for electric wall heaters. Thus, an increase in construction activities, government regulations, and growing industrialization are some of the factors driving the market in this region.

The global electric wall heater market is expected to reach USD 4,566.18 million at a CAGR of over 5.66% by the end of the forecast period.

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Segmental Analysis

The global electric wall heater market is segmented based on application, and power.

On the basis of application, the global electric wall heater market is divided into into residential and non-residential. The residential segment is expected to dominate the market, owing to the growing urbanization, rapidly changing lifestyle, and an increase in demand for comfort features in homes.

In terms of value the residential segment accounted for the larger market share of 69.56% in 2018, with a market value of USD 2,175.5 million; it is expected to register a CAGR of 5.04% during the forecast period. The non-residential segment was valued at USD 952.0 million; it is projected to register the higher CAGR of 6.99%.

On the basis of power, the global electric wall heater market is segmented into <1000 Watt, 1000 to 1600 Watt, 1600 to 2000 Watt, and > 2000 Watt. In 2018, the 1000 to 1600 Watt segment held the largest market share of 39.31% in 2018, with a market value of USD 1,229.4 million. This value is projected to reach USD 1,996.5 million by 2025. This segment is expected to grow with the fastest CAGR of 7.25% during the forecast period.

Competitive Analysis

Some of the prominent players operating in the global electric wall heater market report are Marley Engineered Products, Stiebel Eltron Inc., Markel Products Company, Trane, Broan, Inc., WarmlyYours.com, Inc., King Electric, Indeeco, Glen Dimplex Group, and Radiant Systems.

Stiebel Eltron Inc. focuses on introducing innovative products and improving its existing product line to gain a larger customer base. It strategizes to create energy-efficient products that are reliable and fulfill the highest performance standards. Moreover, the company emphasizes on expanding its presence, especially in the electric wall heater market in Europe to strengthen its core businesses.

Broan focuses on expanding its presence in emerging regions including Asia-Pacific by establishing a strong distribution network. It aims to develop a strong product portfolio and attain technological competence to gain a competitive advantage in the global market. The company concentrates on research and development to develop innovative and cost-effective products. Through its research and development efforts, it aims to enhance its competitiveness by attracting new customers in different regions.

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Induction Furnace Market Global Industry Review 2019 To 2025

Induction Furnace Market Share, Size, Trends, Analysis, Research, Review, Applications and Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2025. Induction Furnace Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2025.

Market Forecast

The global induction furnace market is expected to exhibit a CAGR of 5.6% to reach USD 1.5 billion by 2025.

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Segmentation

By Type: The market has been divided, by type, into coreless induction furnaces, channel induction furnaces, and others. Coreless induction furnaces are complicated to install, use more energy, and require long maintenance downtimes. But they can achieve higher temperatures than any other induction furnace, making them ideal for use in the production of steel. This results in the segment garnering the largest market share. Channel induction furnaces are ideal for copper and aluminum as they have lower melting points. In addition, channel induction furnaces are easy to install, use the least amount of energy, and have very little maintenance downtime. They are used in tandem with coreless induction furnaces to keep molten metals from solidifying.

By Furnace Capacity: The furnace capacity segments of the market are up to 1 ton, 1–100 ton, and more than 100 ton. The up to 1 ton segment is the smallest as furnaces with this capacity are used to meet domestic demand. The fastest-growing segment is expected to be 1–100 ton. Induction furnaces with a capacity of 1–100 ton are increasingly being adopted in developing nations with growing steel, copper, and aluminum production. They are less expensive than the larger induction furnaces and are ideal for small and mid-scale companies that cannot afford high investments. The widespread use of 1–100 ton induction furnaces in the Philippines, Indonesia, and Bangladesh is driving the growth of the segment. The more than 100 ton segment is expected to be the largest as these furnaces are used in the large-scale production of metals, especially in China, India, the US, South Korea, and Russia.

By Industry Vertical: Steel, aluminum, copper, and others are the industry vertical segments of the market. The steel segment is expected to be the largest due to the high production of the metal, with 1808.6 million metric tons of steel produced globally in 2018 alone. Steel finds utility in all manufacturing industries and demand is growing. It has a high melting point, necessitating the use of coreless induction furnaces. Aluminum is a lighter, more malleable, and less corrosive substitute for steel, albeit more expensive. It is used extensively in the aerospace industry and in construction. Aluminum can be produced using the more efficient channel induction furnaces. The global copper demand is increasing due to its excellent electric conductivity and use in renewable energy generation.

Key Players

Electrotherm (India)

Danieli Group (Italy)

SMS Elotherm GmbH (Germany)

Meltech Ltd (UK)

Tenova SpA (Italy)

Doshi Technologies Pvt. Ltd (India)

IHI Machinery and Furnace Co., Ltd (Japan)

JP Steel Plantech Co. (Japan)

ECM Technologies (Netherlands)

Agni Electrical Pvt. Ltd (India)

Pees Induction Equipment’s Pvt. Ltd (India)

Magnalenz (India)

Regional Analysis

North America: This region is a large market for induction furnaces. The presence of a robust manufacturing industry, a large construction industry, and the largest aerospace industry have resulted in the high demand for steel and aluminum. These factors serve to drive the growth of the regional induction furnace market.

US: The revival of the once-dominant steel industry is driving the demand for induction furnaces in the US. Moreover, the USD 250 billion US aviation industry has a pressing requirement for high-quality steel and aluminum, thereby fueling market growth.

Europe: The demand for steel in Europe is higher than the production rate. In order to reduce dependence on imports, investments in steel foundries are increasing in countries such as Germany, which is expected to propel market growth.

Asia-Pacific: The largest and fastest-growing regional market for induction furnaces, Asia-Pacific is the largest producer of steel and aluminum. The developing economies in the region such as Bangladesh, the Philippines, and Indonesia are investing in steel and aluminum production, driving market growth considerably.

China: China is the largest steel and aluminum producer in the world, producing 33 million metric tons of aluminum and 928 million metric tons of steel in 2018. These accounted for more than half of the entire global aluminum and steel production for the year. The Chinese market for induction furnaces is large, but in 2017, the government banned the use of certain induction furnaces that cannot eliminate impurities, resulting in sub-standard rebar steel production. This ban has prompted the loss of 140 million tons of steel producing capacity, which has been taken up by nations such as Thailand and Indonesia.

Rest of the World: This region has limited steel and aluminum production but is home to the largest copper production industry in the world with Chile and Peru producing almost half of the world’s copper. This driving the growth of the market, especially channel induction furnaces, which are energy efficient and require little maintenance. Moreover, the metals produced using induction furnaces are of purer quality than the metals produced using other furnaces, resulting in a cleaner finished product.

Chile: Chile is the world’s foremost copper producer with the advantage of having large deposits of copper ore. The country accounts for a third of the world’s copper production, which is driving the growth of the induction furnace market.

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Induction Furnace Market Global Industry Review 2019 To 2025

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Global Utility Terrain Vehicle (UTV) Market By Manufacturers, Type And Application, Regions, Forecast to 2023

Market Highlights

Utility terrain vehicle is a vehicle designed for operations in off-highway and are majorly suspended on four low-pressure tires. Utility terrain vehicles usually have weight of 3,750 pounds or less. These do not include electric golf carts or personal transportation vehicles. UTVs have a side by side seating arrangement, seat belts, and rollover protection, as well as they have a cargo box at the rear of the vehicle. UTV’s possess a higher payload capability and are comparatively longer and wider than all-terrain vehicles. This extra length and width of the vehicle provides an enhanced unit stability to the vehicle.

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Market Research Analysis

Based on application, the market has been segmented as work UTV, sport UTV and others. Amongst these, the sport UTV segment is expected to dominate the market. Sport UTVs are designed for rough terrains (usually off-road), which conquer light to heavy duty trails. John Deere usually is into the manufacture of the sport utility vehicles. These vehicles are usually equipped with 4-wheel drive for on or off-road ability. They are also capable of blazing through water & climbing over elevated areas.

Key Players

The prominent players in the Utility Terrain Vehicle market include Polaris Industries, Inc. (U.S.), Kawasaki Heavy Industries Ltd. (Japan), John Deere (U.S.), Yamaha Motor Company Limited (Japan), Kubota Corporation (Japan), Hisun Motors Corp (U.S.), Arctic Cat (U.S.), Honda Motor Company, Ltd. (Japan), BRP (Canada) and Kwang Yang Motor Co, Ltd (Taiwan) among others.    

Scope of the Report

This study provides an overview of the global Utility Terrain Vehicle market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Utility Terrain Vehicle market by product type, application and regions.

By Product Type

Displacement (CC): ≤ 400

Displacement (CC): 400-800

Displacement (CC): ≥ 800

By Application

Work UTV

Sport UTV

Others

By Regions

North America 

Asia Pacific 

Europe

Rest of the World  

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List Of Tables

Table 1 Global Utility Terrain Vehicle Market: By Region, 2017-2023

Table 2 North America Utility Terrain Vehicle Market: By Country, 2017-2023

Table 3 Europe Utility Terrain Vehicle Market: By Country, 2017-2023

Table 4 Asia-Pacific Utility Terrain Vehicle Market: By Country, 2017-2023

Table 5 RoW Utility Terrain Vehicle Market: By Country, 2017-2023

…

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

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Smart Fleet Management Market: Global Major Key Players Research – Forecast to 2023

The global market for smart fleet management has been witnessing significant growth in recent times. The growing vehicle production, across the globe can be attributed as a key driver for the market. Smart fleet management, is a system through which operators keep track of variable factors such as fuel consumption, maintenance and route management. Smart fleet management systems provide a dedicated server for fleet data and security in a single system, which enable operators to analyze and make informed and cost effective decisions or enhance safety. In addition, stringent regulatory norms, especially in Europe, have fueled the growth of the market. Reduction in transportation cost and operating cost, has come forth as a major trend in the automotive industry, which is an encouraging factor for the players in the smart fleet management market.  

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Global Smart Fleet Management Market:

The growth of the Asia Pacific region can be attributed to the increase in adoption of passenger cars. This is expected to the increase adoption of smart fleet management in the passenger cars. The recent shift in the preference from mileage to looks and features, is also expected to result in high demand of smart fleet management systems. The global smart fleet management market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector. The demand for smart fleet management is largely dependent on vehicle production in developing countries such as India and China. The growth in vehicle production, which would also push the demand for smart fleet management.   

The key players of global smart fleet management market are Harman International Industries, Inc., Robert Bosch GmbH., Siemens AG, Denso Corporation, IBM Corporation, Continental AG, Cisco Systems, Inc., Sierra Wireless, Inc., Calamp Corp., OTTO Marine Ltd., Precious Shipping Co. Ltd., and Globecomm Systems, Inc. In 2016, these companies accounted for a share of XX% of the global market.

Segmentation:

The global smart fleet management market is segmented on the basis of transportation type, hardware, solution, and region.

By transportation type, the global smart fleet management market is segmented into automotive, rolling stock, and marine.

By hardware, the global smart fleet management market is segmented into tracking, optimization, ADAS, and diagnostic.

By solution, the global smart fleet management market is segmented into tracking and optimization.

Market Research Analysis:

The market for smart fleet management is expected to grow with an increase in demand for automobile, majorly in the United States. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles, there is a subsequent increase in demand for smart fleet management market. The growth of North America market is also driven by the adoption of converted mobile homes in the U.S. Existence of major manufacturers in this region combined with availability of sophisticated technologies, enables the smart fleet management market to flourish in this region. North America is a mature economy as far as investment in automotive industry is concerned. Automotive industry is expecting huge investment by several giants due to the rising demand for passenger cars.

widespread installation of advanced smart fleet management solutions in these regions.

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Automotive Artificial Intelligence Market Global Industry Review 2019 To 2023

Market Highlights:

The booming automotive industry is a constant source of driving demand in the automotive artificial intelligence market. With the emergence of cloud-hosted intelligence, driver assist features and internet of thing the market for automotive artificial intelligence is expected to witness significant growth in the near future. Additionally with major players in the automotive industry heavily investing in development of artificial intelligence for automobiles, the industry wide standard such as the adaptive cruise control, advanced driver assistance systems and blind spot alert would further trigger the growth in the automotive artificial intelligence market.

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Segmentation

The automotive artificial intelligence market has been segmented based on technology, process, application.

By technology, the automotive artificial intelligence market has been segmented into machine learning, deep learning, computer vision, context awareness, and natural language processing.

By process, the automotive artificial intelligence market has been segmented into image recognition, signal recognition, and data mining.

By application, the automotive artificial intelligence market has been segmented into semi-autonomous driving, human-machine interface, and autonomous driving.

Global Automotive Artificial Intelligence Systems Market:

Changing consumer preference towards convenience and safety provides an opportunity for original equipment manufacturers in the automotive AI market. The global automotive artificial intelligence market is expected to register a healthy growth rate of more than 10%.

High cost and relative lack of awareness among consumers is expected to act as a major restraint in the automotive AI market.

Key Players:

Qualcomm Inc. (US), Tesla Inc. (US), Volvo Car Corporation (Sweden), BMW AG (Germany), Audi AG (Germany), General Motors Company (US), Ford Motor Company (US), Toyota Motor Corporation (Japan), Hyundai Motor Corporation (South Korea), Uber Technologies Inc. (US)  

Market Research Analysis:

By 2023, North America is expected to be the dominant region in the Automotive Artificial Intelligence market primarily due to the presence of major manufacturers in this region. In addition availability of sophisticated technology to develop artificial intelligence programs are much more easily accessible in this region as compared to others. Growing expectance of autonomous vehicles in the U.S. has significantly contributed towards the growth of the automotive artificial intelligence market in this region. Favorable government norms coupled with Ford Motor Company, General Motors, and Fiat-Chrysler Automotive leading the charge in the development of the artificial intelligence in automotive by constantly upgrading their product will have a positive impact on the market.

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