Automated Guided Vehicle (AGV) Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2031
As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market . The report forecasts the market valuation to reach US$ 996 Mn in 2021, growing at an impressive 7.9% CAGR through 2031. Rapid urbanization and adoption of industrial automation within logistics, transportation, and healthcare industry across the globe will propel sales. Owing to the growing need of automation, the market experienced year-on-year growth at 5.4% in 2020-21. Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1541 Growing automation in material handling solutions will enhance growth prospects during the forecast period. Also, laser-guided AGVs will gain immense popularity among manufacturers as they offer greater precision and reliability. Reduction in labor costs, human errors, and round-the-clock accessibility of AGVs are key factors increasing th