The global automated guided vehicles market size is expected to reach $7.3 billion by 2025, from the current size of more than $2 billion, according to a new report by Grand View Research, registering a 16.5 percent annual growth over the forecast period.
AGVs are transforming the way materials can be moved within manufacturing and distribution facilities.
In a production environment where several operations are carried out simultaneously, these vehicles can ensure predictable and reliable transfer of raw materials as well as manufactured products from one point to another within the facility, thereby eliminating any potential disruption in production. [Read more…] about Automated guided vehicles market size forecast to be worth $7.3 billion by 2025
