Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision, Inertial, Beacon) - Global Forecast to 2029

Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision, Inertial, Beacon) - Global Forecast to 2029

The global automated guided vehicle market is projected to reach USD 2.56 billion by 2024 and USD 3.78 billion by 2029, at a CAGR of 8.1%. This growth is driven by the increasing demand for efficient intralogistics systems as well as the rapidly proliferating e-commerce activities that need streamlined warehouse management. The improvements in battery technology in addition to the introduction of modular AGV designs have greatly improved the versatility and reliability of these systems. The growing trend toward sustainability has also led to increasing investment in electric and autonomous vehicles, which are essential in modernizing material handling processes.

""Tow vehicles to maintain largest market share during the forecast period.”

Tow vehicles are expected to emerge as the leader in the automated guided vehicle market in terms of market share during the forecast period due to their versatile applications across various industries. These tow vehicles, being utilized mainly to transport heavy loads with ease, possess a higher advantage in material handling operations in terms of increased productivity, low labor cost, and minimal error rates. These AGVs are increasingly used in manufacturing, warehouses, and distribution centers due to the bulk goods movement over a distance. Advances in the navigation technologies along with integration with automation systems have made tow vehicles more reliable and adaptable. As industries increasingly adopt automation to achieve better efficiency in operations and increase demand, tow vehicles are expected to remain the leader in the automated guided vehicle market.

“Laser guidance technology to hold largest market share due to ability to support flexible and scalable operations in dynamic industrial settings.”

Laser guidance technology is likely to hold the largest market share during the forecast period. Unlike other conventional guidance systems, laser-guided AGVs do not demand physical infrastructures like magnetic strips or tracks, making them cost-effective for those facilities planning to expand or reconfigure layouts. Furthermore, laser guidance enhances route optimization and operational efficiency, allowing real-time path adjustments that are helpful in those industrial sectors characterized by high throughput requirements, such as e-commerce and retail logistics. The growing emphasis focus on smart factories and initiatives around Industry 4.0 also fuel the adoption of laser-guided AGVs, given that their advanced sensors and mapping capabilities fit well with the growing need for digitized and autonomous workflows. sensors and mapping capabilities fit well with the growing need for digitized and autonomous workflows.

""3PL Segment is Projected to Witness a Substantially High CAGR in the market during the forecast period.""

The 3PL segment is expected to be the dominant automated guided vehicle market, because of the increasing demand for efficient and cost-effective material handling solutions. An increase in e-commerce and international trade activities driving the adoption of advanced AGVs, streamlining the warehouse operations, enhancing inventory management and optimization of supply chain processes for leading 3PL providers. Features such as real-time tracking, route optimization, and predictive maintenance offered by the integration of smart technologies, lot, and Al in AGVs have further increased their adoption. Therefore, as businesses are gradually focusing on increasing their speed, accuracy, and scalability in the offerings of their logistics, the demand for advanced AGV solutions in the 3PL industry is set to rise significantly. Accordingly, this is expected to be a contributing factor in innovation and market growth in the AGV market.

"" Europe is set to hold a significant share in automated guided vehicle market""

Europe is expected to be the pivotal in the AGV market since driven by the region's intense focus on innovation; strong logistics networks, and demand for highly advanced material handling solutions. Emphasis on making the manufacturing sector digital and automated by the European Union has also contributed to fostering AGV adoption. Its programs related to smart manufacturing and transition toward connected factories are further boosting demand. The UK, Spain, and the Netherlands are significant traction due to their growing retail and logistics industries.

Breakdown of primaries

A variety of executives from key organizations operating in the automated guided vehicle market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.

By Company Type: Tier 1 –30%, Tier 2 – 40%, and Tier 3 – 30%

By Designation: C-level Executives – 35%, Directors – 40%, and Others – 20%

By Region: North America – 30%, Europe – 25%, Asia Pacific – 30%, and RoW – 15%

Major players profiled in this report are as follows: Major Players:Daifuku Co., Ltd. (Japan), JBT (US), KION Group AG (Germany), Toyota Industries Corporation (Japan), and KUKA AG (Germany) and Others. These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets.

The study provides a detailed competitive analysis of these key players in the automated guided vehicle market, presenting their company profiles, most recent developments, and key market strategies.

Research Coverage

In this report, the automated guided vehicle market has been segmented based on type, navigation technology, industry and region. The type segment consists of Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicle, Forklift Vehicles and Other Types (AGCs, Hybrid AGVs, Customized AGVs). The navigation technology segment consists of Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance, and Other Guidance Technologies (Inertial, Beacon, Dead Reckoning Guidance). The industry segment consists of Automotive, Chemicals, Aviation, Semiconductor & Electronics, E-commerce, Food & Beverage, Healthcare, Metals & Heavy Machinery, 3PL, and Others (Printing & Paper, Textile). The market has been segmented into four regions-North America, Asia Pacific, Europe, and RoW.

Reasons to buy the report

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the automated guided vehicle market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Key Benefits of Buying the Report

Analysis of key drivers (Rising demand for automation solutions in various industries, Increased focus on enhancing workplace safety, Marked shift to mass customization from mass production, Growing demand for material handling technology fuels automated guided vehicle sales, and Rising demand in E-commerce drives automated guided vehicle (AGV) adoption for efficient order fulfillment), restraints (High installation, maintenance, and switching costs associated with AGVs, Increasing preference for mobile robots over AGVs in retail and e-commerce industries, Lack of flexibility and obstacle resistance in AGVs, and Challenges with infrastructure compatibility in developing countries) opportunities (Growing implementation of Industry 4.0 technologies in warehousing sector, Increasing focus on industrial automation by SMEs, Substantial growth of industrial sector in emerging economies, Presence of huge intralogistics sector in Southeast Asia, and Enhanced AGV Capabilities through technological integration), and challenges (Low labor costs restricting adoption of AGVs in emerging economies , Technical challenges related to sensing elements, and Maintenance challenges and downtime in AGV Operations) influencing the growth of the automated guided vehicle market.

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the automated guided vehicle market.

Market Development: Comprehensive information about lucrative markets – the report analyses the automated guided vehicle market across varied regions.

Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the automated guided vehicle market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Daifuku Co., Ltd. (Japan), JBT (US), KION Group AG (Germany), Toyota Industries Corporation (Japan), KUKA AG (Germany) and Others.

Tables List

Table 1 Automated Guided Vehicle Market: Risk Analysis

Table 2 List Of Automated Guided Vehicle Brands

Table 3 Role Of Players In Ecosystem

Table 4 Indicative Pricing Of Forklift Trucks Offered By Key Players,

2023 (Usd Thousand)

Table 5 Average Selling Price Trend For Agvs, By Type,

2020–2023 (Usd Thousand)

Table 6 Average Selling Price Trend For Tow Vehicles, By Region,

2020–2023 (Usd Thousand)

Table 7 Automated Guided Vehicle Market: Porter's Five Forces Analysis

Table 8 Influence Of Stakeholders In Buying Process For Major Industries (%)

Table 9 Key Buying Criteria For Major Industries

Table 10 Automated Guided Vehicle Market: Conferences And Events, 2024–2025

Table 11 Import Scenario For Hs Code 842710-compliant Products, By Country, 2019–2023 (Usd Million)

Table 12 Export Scenario For Hs Code 842710-compliant Products, By Country, 2019–2023 (Usd Million)

Table 13 List Of Applied/Granted Patents, 2020–2024

Table 14 North America: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 15 Europe: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 16 Asia Pacific: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 17 Row: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 18 Automated Guided Vehicle Market: Standards

Table 19 Automated Guided Vehicle Market, By Payload Capacity,

2020–2023 (Usd Million)

Table 20 Automated Guided Vehicle Market, By Payload Capacity,

2024–2029 (Usd Million)

Table 21 Automated Guided Vehicle Market, By Type, 2020–2023 (Usd Million)

Table 22 Automated Guided Vehicle Market, By Type, 2024–2029 (Usd Million)

Table 23 Automated Guided Vehicle Market, By Type, 2020–2023 (Thousand Units)

Table 24 Automated Guided Vehicle Market, By Type, 2024–2029 (Thousand Units)

Table 25 Tow Vehicles: Automated Guided Vehicle Market, By Navigation Technology, 2020–2023 (Usd Million)

Table 26 Tow Vehicles: Automated Guided Vehicle Market, By Navigation Technology, 2024–2029 (Usd Million)

Table 27 Tow Vehicles: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 28 Tow Vehicles: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 29 Unit Load Carriers: Automated Guided Vehicle Market, By Navigation Technology, 2020–2023 (Usd Million)

Table 30 Unit Load Carriers: Automated Guided Vehicle Market, By Navigation Technology, 2024–2029 (Usd Million)

Table 31 Unit Load Carriers: Automated Guided Vehicle Market, By Industry, 2020–2023 (Usd Million)

Table 32 Unit Load Carriers: Automated Guided Vehicle Market, By Industry, 2024–2029 (Usd Million)

Table 33 Pallet Trucks: Automated Guided Vehicle Market, By Navigation Technology, 2020–2023 (Usd Million)

Table 34 Pallet Trucks: Automated Guided Vehicle Market, By Navigation Technology, 2024–2029 (Usd Million)

Table 35 Pallet Trucks: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 36 Pallet Trucks: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 37 Assembly Line Vehicles: Automated Guided Vehicle Market,

By Navigation Technology, 2020–2023 (Usd Million)

Table 38 Assembly Line Vehicles: Automated Guided Vehicle Market,

By Navigation Technology, 2024–2029 (Usd Million)

Table 39 Assembly Line Vehicles: Automated Guided Vehicle Market, By Industry, 2020–2023 (Usd Million)

Table 40 Assembly Line Vehicles: Automated Guided Vehicle Market, By Industry, 2024–2029 (Usd Million)

Table 41 Forklift Trucks: Automated Guided Vehicle Market, By Navigation Technology, 2020–2023 (Usd Million)

Table 42 Forklift Trucks: Automated Guided Vehicle Market, By Navigation Technology, 2024–2029 (Usd Million)

Table 43 Forklift Trucks: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 44 Forklift Trucks: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 45 Other Types: Automated Guided Vehicle Market, By Navigation Technology, 2020–2023 (Usd Million)

Table 46 Other Types: Automated Guided Vehicle Market, By Navigation Technology, 2024–2029 (Usd Million)

Table 47 Other Types: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 48 Other Types: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 49 Automated Guided Vehicle Market, By Navigation Technology,

2020–2023 (Usd Million)

Table 50 Automated Guided Vehicle Market, By Navigation Technology,

2024–2029 (Usd Million)

Table 51 Laser Guidance: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 52 Laser Guidance: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 53 Magnetic Guidance: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 54 Magnetic Guidance: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 55 Inductive Guidance: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 56 Inductive Guidance: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 57 Optical Tape Guidance: Automated Guided Vehicle Market, By Type, 2020–2023 (Usd Million)

Table 58 Optical Tape Guidance: Automated Guided Vehicle Market, By Type, 2024–2029 (Usd Million)

Table 59 Vision Guidance: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 60 Vision Guidance: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 61 Other Navigation Technologies: Automated Guided Vehicle Market,

By Type, 2020–2023 (Usd Million)

Table 62 Other Navigation Technologies: Automated Guided Vehicle Market,

By Type, 2024–2029 (Usd Million)

Table 63 Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 64 Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 65 Automotive: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 66 Automotive: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 67 Automotive: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 68 Automotive: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 69 Metals & Heavy Machinery: Automated Guided Vehicle Market, By Type, 2020–2023 (Usd Million)

Table 70 Metals & Heavy Machinery: Automated Guided Vehicle Market, By Type, 2024–2029 (Usd Million)

Table 71 Metals & Heavy Machinery: Automated Guided Vehicle Market,

By Region, 2020–2023 (Usd Million)

Table 72 Metals & Heavy Machinery: Automated Guided Vehicle Market,

By Region, 2024–2029 (Usd Million)

Table 73 Food & Beverages: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 74 Food & Beverages: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 75 Food & Beverages: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 76 Food & Beverages: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 77 Chemical: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 78 Chemical: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 79 Chemical: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 80 Chemical: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 81 Healthcare: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 82 Healthcare: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 83 Healthcare: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 84 Healthcare: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 85 3pl: Automated Guided Vehicle Market, By Type, 2020–2023 (Usd Million)

Table 86 3pl: Automated Guided Vehicle Market, By Type, 2024–2029 (Usd Million)

Table 87 3pl: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 88 3pl: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 89 Semiconductor & Electronics: Automated Guided Vehicle Market,

By Type, 2020–2023 (Usd Million)

Table 90 Semiconductor & Electronics: Automated Guided Vehicle Market,

By Type, 2024–2029 (Usd Million)

Table 91 Semiconductor & Electronics: Automated Guided Vehicle Market,

By Region, 2020–2023 (Usd Million)

Table 92 Semiconductor & Electronics: Automated Guided Vehicle Market,

By Region, 2024–2029 (Usd Million)

Table 93 Aviation: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 94 Aviation: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 95 Aviation: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 96 Aviation: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 97 E-commerce: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 98 E-commerce: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 99 E-commerce: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 100 E-commerce: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 101 Other Industries: Automated Guided Vehicle Market, By Type,

2020–2023 (Usd Million)

Table 102 Other Industries: Automated Guided Vehicle Market, By Type,

2024–2029 (Usd Million)

Table 103 Other Industries: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 104 Other Industries: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 105 Automated Guided Vehicle Market, By Region, 2020–2023 (Usd Million)

Table 106 Automated Guided Vehicle Market, By Region, 2024–2029 (Usd Million)

Table 107 North America: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 108 North America: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 109 North America: Automated Guided Vehicle Market, By Country,

2020–2023 (Usd Million)

Table 110 North America: Automated Guided Vehicle Market, By Country,

2024–2029 (Usd Million)

Table 111 Us: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 112 Us: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 113 Canada: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 114 Canada: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 115 Mexico: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 116 Mexico: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 117 Europe: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 118 Europe: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 119 Europe: Automated Guided Vehicle Market, By Country,

2020–2023 (Usd Million)

Table 120 Europe: Automated Guided Vehicle Market, By Country,

2024–2029 (Usd Million)

Table 121 Germany: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 122 Germany: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 123 Uk: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 124 Uk: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 125 France: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 126 France: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 127 Italy: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 128 Italy: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 129 Spain: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 130 Spain: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 131 Netherlands: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 132 Netherlands: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 133 Rest Of Europe: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 134 Rest Of Europe: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 135 Asia Pacific: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 136 Asia Pacific: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 137 Asia Pacific: Automated Guided Vehicle Market, By Country,

2020–2023 (Usd Million)

Table 138 Asia Pacific: Automated Guided Vehicle Market, By Country,

2024–2029 (Usd Million)

Table 139 China: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 140 China: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 141 Japan: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 142 Japan: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 143 Australia: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 144 Australia: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 145 South Korea: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 146 South Korea: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 147 India: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 148 India: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 149 Malaysia: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 150 Malaysia: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 151 Indonesia: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 152 Indonesia: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 153 Singapore: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 154 Singapore: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 155 Thailand: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 156 Thailand: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 157 Rest Of Asia Pacific: Automated Guided Vehicle Market, By Industry, 2020–2023 (Usd Million)

Table 158 Rest Of Asia Pacific: Automated Guided Vehicle Market, By Industry, 2024–2029 (Usd Million)

Table 159 Row: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 160 Row: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 161 Row: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 162 Row: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 163 Middle East: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 164 Middle East: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 165 Middle East: Automated Guided Vehicle Market, By Region,

2020–2023 (Usd Million)

Table 166 Middle East: Automated Guided Vehicle Market, By Region,

2024–2029 (Usd Million)

Table 167 Gcc: Automated Guided Vehicle Market, By Country,

2020–2023 (Usd Million)

Table 168 Gcc: Automated Guided Vehicle Market, By Country,

2024–2029 (Usd Million)

Table 169 South America: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 170 South America: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 171 Africa: Automated Guided Vehicle Market, By Industry,

2020–2023 (Usd Million)

Table 172 Africa: Automated Guided Vehicle Market, By Industry,

2024–2029 (Usd Million)

Table 173 Overview Of Strategies Adopted By Key Players In Automated

Guided Vehicle Market, 2021–2024

Table 174 Automated Guided Vehicle Market: Degree Of Competition

Table 175 Automated Guided Vehicle Market: Region Footprint

Table 176 Automated Guided Vehicle Market: Navigation Technology Footprint

Table 177 Automated Guided Vehicle Market: Type Footprint

Table 178 Automated Guided Vehicle Market: Industry Footprint

Table 179 Automated Guided Vehicle Market: Detailed List Of Key Startup/Smes

Table 180 Automated Guided Vehicle Market: Competitive Benchmarking

Of Key Startups/Smes

Table 181 Automated Guided Vehicle Market: Product Launches,

January 2021–november 2024

Table 182 Automated Guided Vehicle Market: Deals, January 2021–november 2024

Table 183 Automated Guided Vehicle Market: Expansions,

January 2021–november 2024

Table 184 Automated Guided Vehicle Market: Other Developments,

January 2021–november 2024

Table 185 Daifuku Co., Ltd.: Company Overview

Table 186 Daifuku Co., Ltd.: Products/Solutions/Services Offered

Table 187 Daifuku Co., Ltd.: Deals

Table 188 Daifuku Co., Ltd.: Expansions

Table 189 Jbt: Company Overview

Table 190 Jbt: Products/Solutions/Services Offered

Table 191 Jbt: Product Launches

Table 192 Kion Group Ag: Business Overview

Table 193 Kion Group Ag: Products/Solutions/Services Offered

Table 194 Kion Group Ag: Expansions

Table 195 Toyota Industries Corporation: Company Overview

Table 196 Toyota Industries Corporation: Products/Solutions/Services Offered

Table 197 Toyota Industries Corporation: Product Launches

Table 198 Toyota Industries Corporation: Deals

Table 199 Kuka Ag: Company Overview

Table 200 Kuka Ag: Products/Solutions/Services Offered

Table 201 Kuka Ag: Product Launches

Table 202 Kuka Ag: Deals

Table 203 Kuka Ag: Other Developments

Table 204 Scott: Company Overview

Table 205 Scott: Products/Solutions/Services Offered

Table 206 Scott: Deals

Table 207 Ssi Schaefer: Company Overview

Table 208 Ssi Schaefer: Products/Solutions/Services Offered

Table 209 Ssi Schaefer: Deals

Table 210 Ssi Schaefer: Other Developments

Table 211 Hyster-yale Materials Handling, Inc.: Company Overview

Table 212 Hyster-yale Materials Handling, Inc.: Products/Solutions/

Services Offered

Table 213 Hyster-yale Materials Handling, Inc.: Developments

Table 214 Ek Robotics Gmbh: Company Overview

Table 215 Ek Robotics Gmbh: Products/Solutions/Services Offered

Table 216 Ek Robotics Gmbh: Product Launches

Table 217 Ek Robotics Gmbh: Deals

Table 218 Ek Robotics Gmbh: Expansions

Table 219 Meidensha Corporation: Company Overview

Table 220 Meidensha Corporation: Products/Solutions/Services Offered

Table 221 Meidensha Corporation: Product Launches

Table 222 Mitsubishi Logisnext Co., Ltd.: Company Overview

Table 223 Mitsubishi Logisnext Co., Ltd: Products/Solutions/Services Offered

Table 224 Mitsubishi Logisnext Co., Ltd: Expansions

Table 225 Oceaneering International, Inc.: Company Overview

Table 226 Oceaneering International, Inc.: Products/Solutions/Services Offered

Table 227 Oceaneering International, Inc.: Product Launches

Table 228 Oceaneering International, Inc.: Deals

Table 229 Oceaneering International, Inc.: Expansions

Table 230 Oceaneering International, Inc.: Other Developments

Table 231 Aim: Company Overview

Table 232 Asseco Ceit, A.S.: Company Overview

Table 233 Suzhou Casun Intelligent Robot Co., Ltd.: Company Overview

Table 234 Jiangxi Danbahe Robot Co., Ltd.: Company Overview

Table 235 E80 Group S.P.A.: Company Overview

Table 236 Global Agv: Company Overview

Table 237 Grenzebach Group: Company Overview

Table 238 Idc Corporation: Company Overview

Table 239 Nanchang Ikwell Robotics Co., Ltd.: Company Overview

Table 240 Safelog Gmbh: Company Overview

Table 241 Simplex Robotics Pvt. Ltd.: Company Overview

Table 242 System Logistics S.P.A.: Company Overview

Table 243 Balyo Sa: Company Overview

Table 244 Shenzhen Mircolomay Technology Co., Ltd.: Company Overview

Figures List

Figure 1 Automated Guided Vehicle Market Segmentation

Figure 2 Automated Guided Vehicle Market: Research Design

Figure 3 Automated Guided Vehicle Market: Bottom-up Approach

Figure 4 Automated Guided Vehicle Market: Top-down Approach

Figure 5 Market Size Estimation Methodology (Supply Side): Revenue

Generated By Key Players From Automated Guided Vehicles

Figure 6 Automated Guided Vehicle: Data Triangulation

Figure 7 Assumptions For Research Study

Figure 8 Automated Guided Vehicle Market, 2020−2029 (Usd Million)

Figure 9 Tow Vehicles To Account For Largest Market Share In 2024

Figure 10 Laser Guidance Segment To Account For Largest Market Share In 2024

Figure 11 Automotive Segment To Account For Largest Market Share In 2024

Figure 12 Asia Pacific To Register Highest Cagr From 2024 To 2029

Figure 13 Rising Demand For Automation Solutions In Various

Industries To Drive Market

Figure 14 Tow Vehicles Segment To Hold Largest Market Share

Throughout Forecast Period

Figure 15 Laser Guidance Segment To Lead Market During Forecast Period

Figure 16 Automotive Segment To Dominate Market From 2024 To 2029

Figure 17 Automotive Segment And Us To Hold Largest Market Share In 2029

Figure 18 China To Witness Highest Cagr In Global Automated Guided

Vehicle Market During Forecast Period

Figure 19 Automated Guided Vehicle Market: Drivers, Restraints,

Opportunities, And Challenges

Figure 20 Impact Analysis Of Drivers

Figure 21 Impact Analysis Of Restraints

Figure 22 Impact Analysis Of Opportunities

Figure 23 Impact Analysis Of Challenges

Figure 24 Automated Guided Vehicle Market Value Chain Analysis

Figure 25 Automated Guided Vehicle Market Ecosystem Analysis

Figure 26 Indicative Pricing Of Forklift Trucks Offered By Key Players, 2023

Figure 27 Average Selling Price Trend For Agvs, By Type, 2020–2023

Figure 28 Average Selling Price Trend For Tow Vehicles By Region, 2020–2023

Figure 29 Trends/Disruptions Influencing Customer Business

Figure 30 Investment And Funding Scenario

Figure 31 Automated Guided Vehicle Market: Porter's Five Forces Analysis

Figure 32 Influence Of Stakeholders In Buying Process For Major Industries

Figure 33 Key Buying Criteria For Major Industries

Figure 34 Import Data For Hs Code 842710-compliant Products,

By Country, 2019–2023

Figure 35 Export Data For Hs Code 842710-compliant Products,

By Country, 2019–2023

Figure 36 Automated Guided Vehicle Market: Patent Analysis, 2014–2023

Figure 37 Major Ai Use Cases In Automated Guided Vehicle Market

Figure 38 Emerging Technologies Used In Automated Guided Vehicles

Figure 39 Types Of Batteries Used In Automated Guided Vehicles

Figure 40 Automated Guided Vehicle Offerings

Figure 41 Automated Guided Vehicle Market, By Payload Capacity

Figure 42 Automated Guided Vehicle Market, By Payload Capacity

Figure 43 Medium-duty Agvs Segment To Account For Largest

Market Share In 2024

Figure 44 Automated Guided Vehicle Market, By Type

Figure 45 Tow Vehicles Segment To Account For Largest Share In 2024

Figure 46 Automated Guided Vehicle Market, By Navigation Technology

Figure 47 Laser Guidance Segment To Account For Largest Market In 2029

Figure 48 Automated Guided Vehicle Market, By Industry

Figure 49 Automotive Segment To Lead Market From 2024 To 2029

Figure 50 Automated Guided Vehicle Market, By Region

Figure 51 China To Register Highest Cagr In Global Automated

Guided Vehicle Market From 2024 To 2029

Figure 52 Asia Pacific To Hold Largest Share Of Automated Guided

Vehicle Market During Forecast Period

Figure 53 North America: Automated Guided Vehicle Market Snapshot

Figure 54 Europe: Automated Guided Vehicle Market Snapshot

Figure 55 Asia Pacific: Automated Guided Vehicle Market Snapshot

Figure 56 South America To Dominate Automated Guided Vehicle

Market In Row Throughout Forecast Period

Figure 57 Automated Guided Vehicle Market: Revenue Analysis

Of Five Key Players, 2019–2023

Figure 58 Automated Guided Vehicle Market Share Analysis, 2023

Figure 59 Company Valuation (Usd Million), 2024

Figure 60 Financial Metrics (Ev/Ebitda), 2024

Figure 61 Brand/Product Comparison

Figure 62 Automated Guided Vehicle Market: Company Evaluation

Matrix (Key Players), 2023

Figure 63 Company Footprint

Figure 64 Automated Guided Vehicle Market: Company Evaluation

Matrix (Startups/Smes), 2023

Figure 65 Daifuku Co., Ltd.: Company Snapshot

Figure 66 Jbt: Company Snapshot

Figure 67 Kion Group Ag: Company Snapshot

Figure 68 Toyota Industries Corporation: Company Snapshot

Figure 69 Kuka Ag: Company Snapshot

Figure 70 Scott: Company Snapshot

Figure 71 Hyster-yale Materials Handling, Inc.: Company Snapshot

Figure 72 Meidensha Corporation: Company Snapshot

Figure 73 Mitsubishi Logisnext Co., Ltd: Company Snapshot

Figure 74 Oceaneering International, Inc: Company Snapshot