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COVID-19 Driving Autonomous Industrial Vehicle Demand

November 16, 2020


The global pandemic caused by the Coronavirus (COVID-19) has prompted many nationally recognized online retailers and food and department store chains to reevaluate the way they perform supply chain operations in order to promote employee health and safety. Accordingly, these companies are investing in Automated Guided Vehicles (AGVs) or autonomous robotic systems to minimize human interaction and optimize productivity. Many industry experts predict an increase in demand for these self-sufficient machines will only continue to surge in the months and years ahead. In fact, according to a recent report from Frost & Sullivan, the global warehouse automation market is expected to double in size within the next 5 years, expanding from $14 billion to $27.2 billion.

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