The Automated Guided Vehicles (AGVs) Market Growth is poised to reach a valuation of approximately US$ 1.13 Billion by the year 2023, with a projected increase to about US$ 2.43 Billion by 2033. This growth signifies a significant compound annual growth rate (CAGR) of 8% spanning the period from 2023 to 2033.

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The surge in demand for efficient material handling solutions has significantly propelled the automated guided vehicles market, reaching $ 2432.5 M by 2033.