Automated Guided Vehicle (AGV) Market Value to Reach US$ 14.8 Billion by 2031, As Surge in Adoption of Industry 4.0 | Transparency Market Research, Inc.

Wilmington, Delaware, United States, March 14, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The Global Automated Guided Vehicle (AGV) Market was valued at US$ 4.7 Bn in 2021 and is projected to expand at a CAGR of 12.2% between 2022 and 2031, as per market forecast presented in a study by Transparency Market Research (TMR). According to TMR's automated guided vehicle (AGV) market outlook, Asia Pacific is likely to lead the global industry during the forecast period. Analysts at TMR note that the automated guided cart (AGC) segment is expected to lead the market from 2022 to 2031. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Us:Nikhil SawlaniTransparency Market Research Inc.CORPORATE HEADQUARTER DOWNTOWN,1000 N. West Street,Suite 1200, Wilmington, Delaware 19801 USATel: 1-518-618-1030USA – Canada Toll Free: 866-552-3453Website: https://www.transparencymarketresearch.comBlog: https://tmrblog.comEmail: sales@transparencymarketresearch.com