Global Automated Guided Cart (AGC) Market 2023-2029

Global Automated Guided Cart (AGC) Market 2023-2029

An Automated Guided Cart (AGC) is a type of mobile robot that is designed to transport materials and goods within a manufacturing or warehouse environment. AGCs are often used in facilities that require frequent and efficient movement of goods, such as distribution centers, e-commerce fulfillment centers, and manufacturing plants. The global automated guided cart market is likely to register a CAGR of over 9.74% with an incremental growth of USD 230.0 million during the forecast period 2023-2029. AGCs are an important component of modern warehouse and manufacturing operations, as they help to increase efficiency, reduce labor costs, and improve safety.AGCs are an important component of modern warehouse and manufacturing operations, as they help to increase efficiency, reduce labor costs, and improve safety.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global automated guided cart market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, load capacity, navigation, application, and region. The global market for automated guided cart can be segmented by type: pin hook AGCs, lifting device AGCs. According to the research, the pin hook AGCs segment had the largest share in the global automated guided cart market. Automated guided cart market is further segmented by load capacity: up to 0.5 tons, 0.5 – 3 tons, above 3 tons. In 2022, the up to 0.5 tons segment made up the largest share of revenue generated by the automated guided cart market. Based on navigation, the automated guided cart market is segmented into: magnetic guidance, laser guidance, natural guidance, optical guidance, others. Among these, the magnetic guidance segment was accounted for the highest revenue generator in 2022. On the basis of application, the automated guided cart market also can be divided into: logistics, automotive, food and beverages, healthcare, aerospace, others. The logistics segment captured the largest share of the market in 2022. Automated guided cart market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation

By type: pin hook AGCs, lifting device AGCs

By load capacity: up to 0.5 tons, 0.5 – 3 tons, above 3 tons

By navigation: magnetic guidance, laser guidance, natural guidance, optical guidance, others

By application: logistics, automotive, food and beverages, healthcare, aerospace, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including Advanced Motion Controls, Corecon Inc., Fori Automation, LLC, IDC Corporation, Jtec Industries, Inc., Morello Srl, Motion Controls Robotics, Inc., Oceaneering International, Inc., Savant Systems Inc., Scott Technology Ltd., Simplex Robotics Pvt. Ltd., Toyota Motor Corporation, Track Systems, Inc., Wolter Inc, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.



Scope of the Report

• To analyze and forecast the market size of the global automated guided cart market.
• To classify and forecast the global automated guided cart market based on type, load capacity, navigation, application, region.
• To identify drivers and challenges for the global automated guided cart market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global automated guided cart market.
• To identify and analyze the profile of leading players operating in the global automated guided cart market.

• Gain a reliable outlook of the global automated guided cart market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.