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Insights on the Long Read Sequencing Global Market to 2028 - by Technology, Product, Application, Workflow, End-user and Geography

Insights on the Long Read Sequencing Global Market to 2028 - by Technology, Product, Application, Workflow, End-user and Geography
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Global $30+ Billion Cell Therapy Bioprocessing Market to 2028: Market Opportunities in Automated Procedures to Produce Cell Therapies

Global IR Spectroscopy Market Forecast to 2028 - Advent of Portable/Handheld Spectrometers to Gain Momentum

Global $9+ Billion Automated Guided Vehicles Market Forecast to 2028: Major Players are Balyo; Bastian Solutions; Daifuku; Dematic; Hyster-Yale; SSI SCHAEFER; Konecranes; Kuka and Lodamaster

Share this article Share this article ResearchAndMarkets.com s offering. The global automated guided vehicles (AGV) market was valued at US$ 3,310.8 million in 2020 and is projected to reach US$ 9,077.3 million by 2028; it is expected to grow at a CAGR of 14.59% during 2021-2028. The adoption of automated guided vehicle (AGVs) has increased drastically as they are effective and reliable solutions for material handling, which, in turn, increases the production capacity of the industry. These material handling solutions reduce physical damages to goods and boost the efficiency of operations. The overall need for high efficiency in the automotive, healthcare, e-commerce, and food & beverage industries propels the demand for automated material handling. It has enabled the industries to have connected factories with big data and machine learning, resulting in increased automation in the industries.

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