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Automated guided vehicles (AGVs) equipped with radio frequency technology work collaboratively with warehouse control systems and warehouse management systems to ensure efficiency and accuracy of automated guided vehicles. Therefore, as several end-use industries are realizing the benefit of reliability offered by these sophisticated technology, it has resulted in a steady adoption over the past few years. The market is also being driven by the improvement of automated guided vehicles over the years.

Automated guided vehicles play a key role in reducing the cost of labor in various material handling processes. Furthermore, it also ensures smooth operation, carried out in an exceptionally safe environment. These two factors have been the key reasons for the growing global automated guided vehicles market. The initiatives taken by organizations such as The America Society of Safety Engineers (ASSE) to eliminate the risks to manual labor while handling materials has triggered a significant demand for automated guided vehicles. Analysts predict that increasing demand for automation in material handling processes across a wide range of industries is expected to shape the trajectory of the overall market in a positive manner.

According to new industry research, the global automated guided vehicle market is segmented into forklift AGVs, pallet trucks, load transfer AGVs, light load transporters, assembly line vehicles, tugger AGVs, and others. Of these, the tugger AGVs segment is anticipated to grow at an accelerated pace in the coming years at a steady CAGR of 11.9% between 2016 and 2024. Geographically, the market is divided into North America, Asia Pacific, Europe, South America, and Latin America. Out of these, Asia Pacific is expected to rise at CAGR of 13.7% between 2016 and 2024. This growth will be backed by the booming automotive industry in the coming years.

Manufacturing journalist, Thomas R. Cutler recently discussed how e-commerce is now a main driver of growth across retail, wholesale, and manufacturing alike. Cutler reported in Automation and Controls Today magazine that e-commerce retail sales in the US grew at nearly 15% last year, about 10 times the 1.5% growth rate for retail overall. To seize this opportunity, shippers need to integrate their e-commerce fulfillment with transportation management capabilities.

TR Cutler, Inc. just announced a new marketing intelligence division. TRC Market Research (TMR) is a new division of the well-respected full-service firm specializing in syndicated research, custom research and consulting services in the manufacturing and industrial spectrum. Thomas R. Cutler, the founder of the new division, will provide an opportunity for the media to meet in NYC in early March.

Manufacturing journalist, Thomas R. Cutler, recently reported in Quality Digest magazine the impact of product recalls for manufactures and recommends how to avoid and manage them. Two words no manufacturing organization wants to hear: product recalls. By their very nature, product recalls are unpredictable events. The cost to a company transcends potentially expensive litigation and settlements. Product recalls and the effects that product failures have on companies that fail to conduct proper design analysis before, during, and after the manufacturing process are often unrecoverable.

Manufacturing journalist, Thomas R. Cutler recently reported for the US to spur significant innovation and growth in advanced manufacturing, industry must rectify currently unmet needs for measurement science and "proof-of-concept" demonstrations of emerging technologies. Cutler discussed the conclusion by economic studies funded by the National Institute of Standards and Technology (NIST) in AutomationMedia.com magazine.

TR Cutler, Inc. just announced a new marketing intelligence division. TRC Market Research (TMR) is a new division of the well-respected full-service firm specializing in syndicated research, custom research and consulting services in the manufacturing and industrial spectrum. Thomas R. Cutler, the founder of the new division, will provide an opportunity for the media to meet in NYC in early March.

Manufacturing journalist, Thomas R. Cutler recently discussed how the manufacturing industry continues to grow and many companies are looking for economically efficient solutions to manufacture products. Cutler reported in AutomationMedia.com, that the trend over previous years has been US companies transferring the manufacture of their product overseas. But the cost of shipping, changes in political and economic environments, difficulty of doing business and the changes in the US consumer demands often outweigh the price of manufacturing. Now, several companies are choosing to manufacture their products at a nearshore location that is both close in proximity to the United States and more cost-effective in a total cost analysis: Mexico.

Manufacturing journalist, Thomas R. Cutler, recently reported in Quality Digest magazine the impact of product recalls for manufactures and recommends how to avoid and manage them. Two words no manufacturing organization wants to hear: product recalls. By their very nature, product recalls are unpredictable events. The cost to a company transcends potentially expensive litigation and settlements. Product recalls and the effects that product failures have on companies that fail to conduct proper design analysis before, during, and after the manufacturing process are often unrecoverable. To read the entire article, go to: http://bit.ly/2jbGqhS