Automated Guided Vehicle Market Size, Analysis
Automated Guided Vehicle Market The Automated Guided Vehicle Market is anticipated to grow at a remarkable CAGR during the forecast period (2020-2027). The factors driving the growth of Automated Guided Vehicle Market includes growing demand for automated guided vehicles for navigating and transporting heavy vehicles and rising consumers inclination towards e-commerce. As per Statista’s Report, in 2020, more than 2 billion people purchased goods and services online, and the e-retail sales exceeded USD 4.2 trillion worldwide, which will increase the Global Automated Guided Vehicle Market . Moreover, the growing application of Automated Guided Vehicles in end-use industries such as healthcare, manufacturing, food & beverages, and logistics are further increasing the Automated Guided Vehicle Market Share . For instance, Mitsubishi Heavy Industries (MHI) group, tested automated valet parking system at a commercial facility near Tokyo by deploying automated guided vehicle (AGV) ro...