Automated Guided Vehicles: Transforming the Logistics and Supply Chain Market

Automated Guided Vehicle Market Size, Share & Industry Analysis, By Type (Tow Vehicles, Automated Forklift Trucks, Underride/Tunneling Vehicles, Assembly Line Vehicles, and Others (Unit Load Carriers)), By Navigation Technology (Laser Guided, Magnetic Guided, Vision Guided, and Others (Wire guided)), By Application (Transportation & Distribution, Storage & Assembly, and Packaging), By Industry (Automotive, Food & Beverage, E-commerce, and Others (Healthcare)), and Regional Forecast, 2024 – 2032

The Automated Guided Vehicle (AGV) Market 2025 includes autonomous vehicles used for material handling and transport within warehouses and manufacturing facilities. The Market 2025’s growth is driven by advancements in navigation technologies and the increasing need for efficient, error-free material handling systems that reduce labor costs and improve operational efficiency.

Request a free research sample to see how our insights can help expand your business: https://www.fortunebusinessinsights.com/enquiry/sample/101966

List of the Companies Profiled in the Report:

• Oceaneering International Inc (U.S.)
• Toyota Advanced Logistics (Japan)
• Daifuku Co., Ltd. (Japan)
• KION GROUP AG (Germany)
• Dematic (U.S.)
• Hyster-Yale Materials Handling, Inc., (U.S.)
• JBT (U.S.)
• Mitsubishi Caterpillar Forklift America Inc. (U.S.)
• Crown Equipment Corporation (U.S.)
• Seegrid Corporation (U.S.)

Segmentation:

By Type

• Tow Vehicles
• Automated Forklift Trucks
• Underride/Tunneling Vehicles
• Assembly Line Vehicles
• Others (Unit Load Carriers)

By Navigation Technology

• Laser Guided
• Magnetic Guided
• Vision Guided
• Others (Wire Guided)

By Application

• Transportation & Distribution
• Storage & Assembly
• Packaging

By Industry

• Automotive
• Food & Beverage
• E-commerce
• Others (Healthcare)

Automated Guided Vehicle Market Drivers and Restraints:

Key Drives:

• Rising demand for automation in material handling and logistics operations.
• Increasing adoption of Industry 4.0 and smart factories.

Restraining Factors:

• High setup costs and limited flexibility in small-scale industries.
• Potential disruptions due to system malfunctions.

Report Coverage

The global automated guided vehicle Industry size was valued at USD 2.30 billion in 2023. The Industry is projected to grow from USD 2.51 billion in 2024 to USD 5.44 billion by 2032, exhibiting a CAGR of 10.2% during the forecast period.

The report provides:

• Key growth drivers, challenges, opportunities, and potential barriers in the market.
• Comprehensive insights into regional developments.
• A list of major industry players.
• Key strategies adopted by market leaders.
• Recent industry developments, including product launches, partnerships, mergers, and acquisitions.

Connect with Our Expert for any Queries: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/101966

Global Automated Guided Vehicle Market: Regional Segmentation:-

• North America (USA & Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia & Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia & Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (GCC, South Africa & Rest of Middle East & Africa)

The information in this study is based on both primary and secondary research methods. The major research methodology comprises interactions with service providers, suppliers, and industry experts. The secondary research process entails a thorough search of relevant documents such as corporate annual reports, financial reports, and proprietary databases.

Key Industry Development

• April 2023: Oceaneering announced that its Mobile Robotics group launched a new guiding software for its fleet of autonomous mobile robots.
• March 2023: Dematic announced the delivery of the newest warehouse automation technology to subsidiary KION Group at its site in Germany.
• January 2023: The KION Group stated that they intend to introduce their own 24 V fuel cell system for warehouse equipment to the market in the spring of 2023.

Request Here for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/101966

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Address:

Fortune Business Insights Pvt. Ltd.

9th Floor, Icon Tower, Baner

Maharashtra, India.

Phone:

US: +1 833 909 2966

UK: +44 8085 020280

APAC: +91 744 740 1245

Email: [email protected]

Our More Related Reports:

ISO Containers Market In-depth Industry Analysis and Forecast 2025-2032

Autonomous Mobile Robots Market In-depth Industry Analysis and Forecast 2025-2032

Countertop Market In-depth Industry Analysis and Forecast 2025-2032

Heating, Ventilation, and Cooling System Market In-depth Industry Analysis and Forecast 2025-2032

Industrial Laundry Machine Market In-depth Industry Analysis and Forecast 2025-2032

Container Homes Market In-depth Industry Analysis and Forecast 2025-2032

Injection Molding Machine Market In-depth Industry Analysis and Forecast 2025-2032

Wearable Robotic Exoskeleton Market In-depth Industry Analysis and Forecast 2025-2032

Commercial Refrigeration Equipment Market In-depth Industry Analysis and Forecast 2025-2032

Digital Textile Printing Market In-depth Industry Analysis and Forecast 2025-2032

Mechanical Seals Market In-depth Industry Analysis and Forecast 2025-2032

Food Processing and Handling Equipment Market In-depth Industry Analysis and Forecast 2025-2032

Road Transport Refrigeration Equipment Market In-depth Industry Analysis and Forecast 2025-2032

Engineered Quartz Surface Market In-depth Industry Analysis and Forecast 2025-2032

Big Data in Manufacturing Industry In-depth Industry Analysis and Forecast 2025-2032

Facilities Management Market In-depth Industry Analysis and Forecast 2025-2032

Construction Equipment Market In-depth Industry Analysis and Forecast 2025-2032

Robotic Process Automation Market In-depth Industry Analysis and Forecast 2025-2032

Automated Guided Vehicle Market In-depth Industry Analysis and Forecast 2025-2032

Air Filters Market In-depth Industry Analysis and Forecast 2025-2032