According to the report, "Automated Guided Vehicle Market, by Type (Pallet Truck, Unit Load Carrier, Tow Vehicle, Assembly Line Vehicle), Navigation Technology (Optical Tape Guidance, Magnetic Guidance, Laser Guidance, Inductive Guidance), Battery Type (Nickel-based, Lithium-ion, Lead), Industry (Aerospace, Logistics, Automotive, manufacturing, Food & Beverages, Retail, Healthcare), Applications (Packing, Storage, Transportation, Distribution), and Geography (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", the market for the automated guided vehicles (AGV) is set to grow at a steady rate during the forecast period, due to the technological advancements.