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May 2019
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By Arizton Advisory & Intelligence
The global automated guided vehicle market is expected to reach revenues of approximately $5 billion by 2023, growing at a CAGR of around 18% during 2017-2023.
By Mordor Intelligence
The growth of automated guided vehicles market is being hindered by certain factors such as high initial costs, need for skilled workforce and concerns over replacement of manual labor, etc.

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