Automated Guided Vehicles–the Factory Workhorse of Industry 4.0

With so many moving components of Industry 4.0—physical machines, software and intelligence developments, advanced smart sensing, the global rise in e-commerce and more—it’s helpful to examine just one specific component of Industry 4.0: The automated guided vehicle, or AGV. According to a recent report by BCC Research, Automated Guided Vehicles: Global Market, AGVs are the factory-floor workhorse of new industry and companies are investing in material-handling technology used in manufacturing facilities to help improve operations and serve their customers.
Increasing collaborations and mergers and acquisitions, along with product development and launches, are expected to optimize the environmental and economic advantages by enhancing and utilizing new and innovative ideas and technologies.
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Source: BCC Research