Market Research Report Global Automated Guided Vehicle Market Report

Global Automated Guided Vehicle (AGV) Market
Grow at a CAGR of 8.15% during 2017-2021
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Global Automated Guided Vehicle (AGV) Market 2017-2021” to its report
offerings. The report covers the present scenario and the growth prospects of the
global AGV market for 2017-2021. To calculate the market size, the report considers
the revenue generated from the sales of AGV. The report also includes a discussion
of the key vendors operating in this market.
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Automated guided vehicles (AGVs) are used on shop floors for moving heavy
materials within the manufacturing unit. These vehicles are controlled by computers
and do not require onboard drivers. AGVs have defined paths or areas within which
they navigate. Navigation can be established by several means such as inductive
wires, surface-mounted magnetic or optical strips, or by inertial or laser navigation
guidance.
Technavios analysts forecast the global AGV market to grow at a CAGR of 8.15%
during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global AGV
market for 2017-2021. To calculate the market size, the report considers the revenue
generated from the sales of AGV.