High installation and maintenance costs are the key factor limiting the growth of the Automated Guided Vehicle Market globally. Installing an autonomous guided vehicle will cost a lot of money. AGV installation by manufacturing businesses may be deterred by their high cost. Age, kind, and location all affect how much it costs to maintain an autonomous guided vehicle. For instance, autonomous guided trucks are utilised in the expensive manufacturing, chemical, and construction sectors. Due to the large capital expenditure, it becomes challenging for businesses to invest in AGVs. In turn, throughout the course of the forecast period, this is anticipated to restrain market growth for autonomous guided vehicles.
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