Automated Guided Vehicle Market to Reach USD 4.11 Billion
Companies Profiled in the Automated Guided Vehicle Market Oceaneering International Inc. (U.S.), Toyota Advanced Logistics (Japan), Daifuku Co., Ltd. ...
Source: globenewswire.com
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Outlook on the Automated Guided Vehicle Global Market to 2027 - by Type, Product, Battery Type, Component, Navigation Technology, Application, End-user, Vehicle Type and Geography
Share this article Share this article ResearchAndMarkets.com's offering. According to the report, the Global Automated Guided Vehicle (AGV) Market accounted for $2.1 billion in 2019 and is expected to reach $4.95 billion by 2027, growing at a CAGR of 11.3% during the forecast period. Growing demand for automation in material handling processes, the rising popularity of e-commerce and an increase in demand for electronics and retail products are some of the factors propelling the growth of the market. However, high initial investment, installation cost, and present financial crisis are restrai...
Source: prnewswire.com