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North America garage furniture market was valued at US$ 708.9 Million in 2020 and as per the research study, the market is projected to record sustainable growth at a CAGR of 2.4% during the forecast period of 2022-2027.
The UAE third-party logistic market has a huge capacity to grow over the forecast period with a sustainable CAGR of approximately 9%, a figure higher than many of peer countries. Today more than 90% of all Dubai government employees and more than 95% of Dubai government budgets are managed by a single shared system.
During the forecast period from 2022-2027, the global machine tool market is forecast to grow at a CAGR of 4.7%. Following the recovery from Covid-19 in some countries, the industry for machine tools is expected to see moderate growth, reaching an almost 3% growth rate in 2021. It will take another 1 to 2 years for the market to regain its pre-covid growth rate.
The global Automated Guided Vehicle market was valued at 3,064.70 Mn in 2021 and is expected to reach US$ 5,519.10 Mn by 2027, registering a compound annual growth of 10.3% over the forecast period (2022-2027)