TECHGuru

  Material Handling Requirements and Growing Emphasis on Factory Automation to Propel Market Growth The past couple of decades has witnessed significant progress in robotic technologies. Industrial ecosystems are evolving at a rapid pace, and leaning toward automated systems to boost and enhance productivity levels, streamline logistics, and improve transportation & logistics systems. The advent of Industry 4.0 has set led to data exchange and automation in the manufacturing sector across the world. With growing interest and a shift toward automated systems and technologies, automated guided vehicle market has witnessed growth in the past few years. Technological advancements, particularly in the navigation space, have played a key role in the growing adoption of automated guided vehicles in the manufacturing sector. Evolving material handling requirements, growing demand for precision, and high adoption of robots in factory setting are some of the key factors that a...