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Global Pharmaceutical Industry AGV Market Size, Industry Share, Trend and Growth Forecast Report 2022 to 2028

Pharmaceutical Industry AGV

Pharmaceutical Industry AGV

Market Overview:

AGV is Automated Guided Vehicle. These are highly engineered, technologically advanced machines most commonly used in large factories. These are load carriers, the movement of AGV is directed and they travel along the floor by using software and sensor-based guidance systems without an onboard driver.  AGV was first introduced in the 1950s by Barrett Electronics in Northbrook. Along with Pharmaceutical sectors, chemicals, or goods Processing industries, Hospitals use AGV to move materials from one place to another. This machine replaced the need for a human workforce to perform certain tasks and required less duration to complete the task with compare to humans. There is the various application of AGV in the pharmaceutical industry like Finished Product Handling, Linking Manufacturing Cells, Trailer Loading, and Pallet Handling. AGVs are more advanced they follow invisible UV marks, wires, markers, and light to navigate and also use magnets, cameras, and lasers to move from one place to another this advancement gives high growth to the pharmaceutical industry AGV market.

Major Key Players for Global Pharmaceutical Industry AGV Market:

  • Daifuku
  • Dematic
  • Egemin Automation
  • JBT
  • Meidensha
  • Corecon
  • Seegrid
  • Aethon
  • Doerfer
  • Savant Automation
  • Bastian Solutions
  • Murata
  • Transbotics

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Market Dynamics and Factors:

Automated Guided Vehicles can mainly it is used to transfer different types of material from one place to another into the warehouse, storage, and production facilities. AGVs are being highly adopted by pharmaceutical industries for several benefits, such as it reduce labor costs, the need lesser manpower, lowering product damage, and helping to increase productivity. These remarkable advantages are encouraging pharmaceutical industries to adopt AGVs to boost the efficiency of industrial operations which helps in the growth of the pharmaceutical industry AGV Market. In the pharmaceutical industry, AGV is used for performing various activities like the repetitive movement of materials over a distance, regular delivery of stable loads, medium throughput/volume, and movement of pallets from the palletizer to stretch wrapping to the warehouse. Due to this several applications supports the growth of the pharmaceutical industry AGV market over the forecast period.

Global Pharmaceutical Industry AGV Market Report Highlight:

  • By Type, Automated Forklift is expected to have the maximum market share in the global pharmaceutical industry AGV market during the projected period. AGV Forklifts are mostly used in pharmaceutical industries they are used to move pallets which drive the growth of the pharmaceutical industry AGV market.
  • By Application, the Warehouse segment is predicted to expand the most in the global pharmaceutical industry AGV market during the forecast year. AGV is mostly used in warehouses keeping to carrying and arranging heavy loads or products. That is boosting the pharmaceutical industry AGV market.
  • By region, North America is expected to dominate the mobile payment market, during the projection period. North America is leading in the adaption of technology and increasing development in automation industries helping in the growth of the pharmaceutical industry AGV market in this region.

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Key Industry Development:

  • In March 2022, Oceaneering International launched at MODEX 2022 three autonomous mobile robots (AMRs) in the North American market. The UniMover D 100, UniMover O 600 and MaxMover CB D 2000 all use BlueBotics’ navigation technology.
  • In November 2021, Stäubli launched its product at PSA Singapore’s new mega-port. It has fully automated key operations with AGVs that are automatically charged during the operation process with Stäubli’s QCC high-power charging solution.

 Global Pharmaceutical Industry AGV Market Segmentation:

By Type

  • Unit Load Type
  • Automated Forklift Type
  • Tugger Type
  • Others

By Application

  • Warehouse
  • Production Line
  • Other

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For this report, Introspective Market Research has segmented the Global Pharmaceutical Industry AGV Market based on region:

Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Turkey
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Vietnam
    • Thailand
    • Rest of Asia-Pacific
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Iran
    • Rest of MEA
  • Latin America
    • Brazil
    • Argentina
    • Rest of LATAM


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