Automated Guided Vehicle Market Size, Share and Major Industry Players Forecast 2026 : Fortune Business Insights
The global "automated guided vehicle" (AGV) market size is slated to reach USD 3.14 billion by 2026, exhibiting a CAGR of 9.5% during the forecast period. Rising tide of industrial automation is likely to emerge as the central factor driving the growth of this market in the coming decade. Automation in industrial processes is primarily based on the integration of Artificial Intelligence-based technologies such as Internet of Things (IoT) with the existing infrastructure. Automated technologies are taking industries by storm and...
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