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Astute Analytica reports that the global Automated Guided Vehicle Market size will grow from USD 2,931.8 Million in 2020 to USD 5,519.1 Million in 2027. The global Automated Guided Vehicle Market will record a tremendous compound annual growth rate (CAGR) of 9.5% during the study period, i.e., 2021-2027.
The report’s segmentation section focuses on each category while also identifying those with the greatest influence on the Automated Guided Vehicle Market. The segmentation provided the frame...
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The global Automated Guided Vehicle Market held a market value of USD 2,931.8 Million in 2020 and is forecasted to reach USD 5,519.1 Million by the year 2027. The market is anticipated to witness a growth rate of 10.3% over the forecast period. The market volume in 2020 was about 1,09,400 Units and this volume is expected to grow at a rate of 9.5% till 2027.
Automated guided vehicles are wheel-based and computer-controlled load carriers, which can travel on a facility’s floor without an onboa...
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