Automated Guided Vehicles (AGV)
                     Automated Guided Vehicles (AGV)
Market
The 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 
expected to grow at a CAGR of 14.59% during 2021–2028.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 | 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞, 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞! - 
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Market Insights–Automated Guided Vehicles (AGV) 
Market
Growing Demand for Automation in Material Handling Across Industries
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
Strategic Insights
Report Coverage Details
Market Size Value in US$ 3,310.8 Million in 2020
Market Size Value by US$ 9,077.3 Million by 2028
Growth rate CAGR of 14.59% from 2021-2028
Forecast Period 2021-2028
Company Profiles
•Balyo SA
•Bastian Solutions, Inc.
•Daifuku Co., Ltd.
•Dematic Group
•Hyster-Yale Group, Inc.
•SSI SCHAEFER Group
•Konecranes Oyj
•Kuka AG
•Lodamaster Group
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