Automated Guided Vehicle (AGV) Market worth $3.6 billion by 2025

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CHICAGO, July 30, 2020 /PRNewswire/ — According to the new market research report “Automated Guided Vehicle (AGV) Market with COVID-19 Impact Analysis, by Type (Tow Vehicles, Unit Load Carriers, Forklift Trucks, Assembly Line Vehicles, Pallet Trucks), Navigation Technology, Industry, and Geography – Global Forecast to 2025”, published by MarketsandMarkets™, the Automated Guided Vehicle (AGV) Market is projected to grow from USD 2.3 billion in 2020 to USD 3.6 billion by 2025; it is expected to grow at a CAGR of 9.3% from 2020 to 2025. The key factors fueling the growth of the market include growing demand for automation in material handling across industries, improved safety standards at workplaces, and shift in demand from mass production to mass customization. Additionally, integration of industry 4.0 with robotics is also augmenting the growth of the AGV market.

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The laser guidance segment to hold

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Metro Is Sending Voters a Transportation Tax, Even as Tomorrow’s Commute Looks Foggy

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This month, regional government Metro referred to the November ballot the largest tax measure in Portland history: $5 billion for transportation, including a light rail line to Tualatin. Metro is plowing forward in the middle of a pandemic, against the outcry of business owners, because it says the need is urgent.

“The time to act is now,” Metro Council President Lynn Peterson told WW before the referral of the measure. “If we delay, we will not be able to create tens of thousands of jobs when we need them most, and our region could miss opportunities to leverage federal, private and philanthropic funds.”

But Metro is taking a big gamble at a moment of rapid change. That unpredictability extends to transportation. The fallout from COVID-19, social distancing and the economic downturn are changing American traffic patterns and may result in other, more drastic changes in how people commute.

Already, some

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