The Automated Guided Vehicle Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automated Guided Vehicle Market?
The market size of the Automated Guided Vehicle has significantly expanded in the past years. It is projected to rise from $5.15 billion in 2024 to $5.8 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 12.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automated Guided Vehicle Industry?
The Automated Guided Vehicle market is projected to reach $9.26 billion in 2029, expanding at a compound annual growth rate (CAGR) of 12.4%.
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What are the Key Growth Drivers Fueling the Automated Guided Vehicle Market?
The key drivers in the automated guided vehicle market are:
• Rising global logistics demand
• Increase in automation processes
• Enhancement in safety measures and standards
• Flexibility and adaptability of automated guided vehicles.
Global Market Segmentation: Identifying Major Automated Guided Vehicle Industry Segments
The automated guided vehicle market covered in this report is segmented –
1) By Type: Two vehicles, Unit load carriers, Pallet trucks, Assembly line vehicles, Forklift trucks
2) By Navigation Technology : Laser Guidance, Magnetic Guidance, Vision Guidance, Inductive Guidance, Natural Navigation
3) By Application: Transportation, Distribution, Storage, Assembly, Packaging, Waste handling
4) By Industry: Automotive, Manufacturing, Food And Beverage, Aerospace, Healthcare, Logistics, Retail
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What are the Emerging Trends Shaping the Future of the Automated Guided Vehicle Market?
The key trends in the automated guided vehicle market are:
• Autonomous warehousing is a major emerging trend in the automated guided vehicle market.
• Integration with Industry 4.0 is becoming increasingly prevalent.
• Energy efficiency and sustainability are key focuses for the future of the market.
• The market is seeing a growing trend towards flexibility and adaptability.
Who Are the Top Competitors & Leading Players in the Automated Guided Vehicle Market?
Major companies in the automated guided vehicle market are:
• Balyo
• Daifuku Co Ltd.
• E&K Automation GmbH
• JBT Corporation
• Kuka AG
• Oceaneering International Inc
• Seegrid Corporation
• Schaefer Systems International Inc.
• Toyota Material Handling
• Swisslog Holding AG
• Bastian Solution
• Dematic
• inVia Robotics Inc.
• Kollmorgen
• Elettric80 S.P.A.
• Fetch Robotics Inc.
• Locus Robotics
• Krones AG
• SMARLOGY AGV and AMR
• Wellwit Robotics
• ADDVERB
• AGVE GROUP
• AGILOX
• Creform Corporation
• KMH Systems Inc.
• DF Automation and Robotics Sdn. Bhd.
• DS AUTOMOTION GmbH
• Konecranes and Demag Private Limited
• Egemin Automation Inc.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the automated guided vehicle market in 2024
