Automated Guided Vehicle Market Is Expected To Reach $ 9.1 Billion By 2027
San Francisco, 23 Nov 2020: The Report Automated Guided Vehicle Market Size, Share & Trends Analysis Report By Vehicle Type, By Navigation Technology, By Application, By End-use Industry, By Component, By Battery Type, By Region, And Segment Forecasts, 2020 - 2027 The global automated guided vehicle market size is expected to reach USD 9.1 billion by 2027, according to a new report by Grand View Research, Inc. The automated guided vehicle (AGV) market is anticipated to witness a CAGR of 14.1% from 2020 to 2027. AGVs have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, these vehicles ensure a predictable and reliable transfer of raw materials as well as manufactured products from one point to another point within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machine