Global AGV Drive Unit Market Growth 2025-2031

The global AGV Drive Unit market size is predicted to grow from US$ 350 million in 2025 to US$ 661 million in 2031; it is expected to grow at a CAGR of 11.2% from 2025 to 2031.

The wheel drive consists of a wheel, integrated planetary gearbox and bearing in one short unit. Combining wheel drives with motors and controllers results in compact systems that simplify the development and production of self-propelled systems, such as service robots or Automated Guided Vehicles (AGVs).

LP Information, Inc. (LPI) ' newest research report, the “AGV Drive Unit Industry Forecast” looks at past sales and reviews total world AGV Drive Unit sales in 2024, providing a comprehensive analysis by region and market sector of projected AGV Drive Unit sales for 2025 through 2031. With AGV Drive Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AGV Drive Unit industry.

This Insight Report provides a comprehensive analysis of the global AGV Drive Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AGV Drive Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AGV Drive Unit market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AGV Drive Unit and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AGV Drive Unit.

This report presents a comprehensive overview, market shares, and growth opportunities of AGV Drive Unit market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Horizontal Drive Wheel
Vertical Drive Wheel

Segmentation by Application:
Autonomous Ground Vehicles
Autonomous Mobile Robots

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nanotec
Tekno MP srl
Nabtesco
HEINZMANN
Qingdao Oster electric drive Equipment
PhoenixPower
TRAPOW
MTA Innovation
Harmonic Drive
maxon Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global AGV Drive Unit market?

What factors are driving AGV Drive Unit market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do AGV Drive Unit market opportunities vary by end market size?

How does AGV Drive Unit break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.