An Automated Guided Vehicle Market Size, Share & Trends Analysis Report By Vehicle Type (Tow Vehicle), By Navigation Technology (Laser Guidance), By Application (Logistics and Warehousing), By Industry, By Component, By Battery Type, By Mode of Operation
Description
Automated Guided Vehicle Market Summary
The global automated guided vehicle market size was estimated at USD 5.93 billion in 2025 and is projected to reach USD 11.58 billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033. The market is driven by increasing adoption of Industry 4.0 technologies, rising demand for warehouse automation, growth in e-commerce and logistics sectors, advancements in robotics and AI integration, and the need for labor cost reduction and operational efficiency.
The market is witnessing significant growth, driven by the integration of artificial intelligence (AI) and Internet of Things (IoT) technologies that enable smarter navigation, predictive maintenance, and real-time fleet optimization. Rising demand for warehouse automation and efficient material handling is accelerating adoption across manufacturing, logistics, and e-commerce sectors. Hybrid systems combining AGVs with autonomous mobile robots (AMRs) are enhancing operational flexibility, scalability, and interoperability in complex environments. Cloud-based fleet management and centralized control systems are facilitating real-time monitoring, remote diagnostics, and rapid deployment of robotic fleets. In addition, labor shortages, cost reduction imperatives, and the push for higher throughput are reinforcing the strategic importance of AGVs in modern supply chains.
Advancements in LiDAR, machine vision, and AI-based navigation are enabling AGVs to perform complex tasks with greater precision and adaptability. The adoption of AGV-as-a-Service (AGVaaS) is lowering barriers for small and medium enterprises, making automation accessible without significant upfront investment. AGVs are also becoming more versatile, with applications spanning warehouse automation and production line optimization. Global emphasis on Industry 4.0 and smart manufacturing continues to drive demand for AGVs.
Innovations in battery technology, such as lithium-ion systems, are improving AGV runtime and efficiency. Integration with advanced software, including Warehouse Management Systems (WMS) and IoT platforms, is expanding AGV functionality by enabling real-time inventory management and predictive maintenance. AGV use is increasing in specialized environments like cold storage and hazardous material handling, highlighting their adaptability. Growing demand for customized AGV solutions is driving product innovation among market leaders. As organizations focus on supply chain resilience, AGVs are becoming essential to automation strategies and supporting long-term growth.
Global Automated Guided Vehicle Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global automated guided vehicle (AGV) market report based on vehicle type, navigation technology, application, industry, component, battery type, mode of operation, and region:
The global automated guided vehicle market size was estimated at USD 5.93 billion in 2025 and is projected to reach USD 11.58 billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033. The market is driven by increasing adoption of Industry 4.0 technologies, rising demand for warehouse automation, growth in e-commerce and logistics sectors, advancements in robotics and AI integration, and the need for labor cost reduction and operational efficiency.
The market is witnessing significant growth, driven by the integration of artificial intelligence (AI) and Internet of Things (IoT) technologies that enable smarter navigation, predictive maintenance, and real-time fleet optimization. Rising demand for warehouse automation and efficient material handling is accelerating adoption across manufacturing, logistics, and e-commerce sectors. Hybrid systems combining AGVs with autonomous mobile robots (AMRs) are enhancing operational flexibility, scalability, and interoperability in complex environments. Cloud-based fleet management and centralized control systems are facilitating real-time monitoring, remote diagnostics, and rapid deployment of robotic fleets. In addition, labor shortages, cost reduction imperatives, and the push for higher throughput are reinforcing the strategic importance of AGVs in modern supply chains.
Advancements in LiDAR, machine vision, and AI-based navigation are enabling AGVs to perform complex tasks with greater precision and adaptability. The adoption of AGV-as-a-Service (AGVaaS) is lowering barriers for small and medium enterprises, making automation accessible without significant upfront investment. AGVs are also becoming more versatile, with applications spanning warehouse automation and production line optimization. Global emphasis on Industry 4.0 and smart manufacturing continues to drive demand for AGVs.
Innovations in battery technology, such as lithium-ion systems, are improving AGV runtime and efficiency. Integration with advanced software, including Warehouse Management Systems (WMS) and IoT platforms, is expanding AGV functionality by enabling real-time inventory management and predictive maintenance. AGV use is increasing in specialized environments like cold storage and hazardous material handling, highlighting their adaptability. Growing demand for customized AGV solutions is driving product innovation among market leaders. As organizations focus on supply chain resilience, AGVs are becoming essential to automation strategies and supporting long-term growth.
Global Automated Guided Vehicle Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global automated guided vehicle (AGV) market report based on vehicle type, navigation technology, application, industry, component, battery type, mode of operation, and region:
- Vehicle Type Outlook (Revenue, USD Billion, 2021 - 2033)
- Tow Vehicle
- Unit Load Carrier
- Pallet Truck
- Forklift Truck
- Hybrid Vehicles
- Others
- Navigation Technology Outlook (Revenue, USD Billion, 2021 - 2033)
- Laser Guidance
- Magnetic Guidance
- Vision Guidance
- Inductive Guidance
- Natural Navigation
- Others
- Application Outlook (Revenue, USD Billion, 2021 - 2033)
- Logistics and Warehousing
- Transportation
- Cold Storage
- Wholesale & Distribution
- Cross-Docking
- Assembly
- Packaging
- Trailer Loading and Unloading
- Raw Material Handling
- Others
- Industry Outlook (Revenue, USD Billion, 2021 - 2033)
- Manufacturing Sector
- Automotive
- Aerospace
- Electronics
- Chemical
- Pharmaceuticals
- Plastics
- Defense
- FMCG
- Tissue
- Others
- Wholesale and Distribution Sector
- E-commerce
- Retail Chains/Conveyance Stores
- Grocery Stores
- Hotels and Restaurants
- Component Outlook (Revenue, USD Billion, 2021 - 2033)
- Hardware
- Software
- Services
- Battery Type Outlook (Revenue, USD Billion, 2021 - 2033)
- Lead Battery
- Lithium-Ion Battery
- Nickel-based Battery
- Others
- Mode of Operation Outlook (Revenue, USD Billion, 2021 - 2033)
- Indoor
- Outdoor
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- MEA
- UAE
- South Africa
- KSA
Table of Contents
100 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment scope
- 1.1.2. Regional scope
- 1.1.3. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR’s internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.1.1. Approach 1: Commodity flow approach
- 1.7. Research Assumptions
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Type outlook
- 2.2.2. Application outlook
- 2.2.3. End Use outlook
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
- Chapter 3. Capsule Endoscopy Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.2. Market restraint analysis
- 3.3. Capsule Endoscopy: Market Analysis Tools
- 3.3.1. Industry Analysis - Porter’s
- 3.3.2. PESTLE Analysis
- 3.4. Case Study Analysis
- 3.5. Technology Landscape
- 3.6. Pricing Analysis
- Chapter 4. Capsule Endoscopy Market Segment Analysis, By Type, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 4.1. Definition and Scope
- 4.2. Type Market Share Analysis, 2025 & 2033
- 4.3. Segment Dashboard
- 4.4. Global Capsule Endoscopy Market, By Type, 2021 to 2033
- 4.5. Small Bowel Capsule Endoscopy
- 4.5.1. Small Bowel Capsule Endoscopy Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5.2. Small Bowel Capsule Endoscopy Market Volume Estimates and Forecasts, 2021 - 2033 (In Thousand)
- 4.6. Esophageal Capsule Endoscopy
- 4.6.1. Esophageal Capsule Endoscopy Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.6.2. Esophageal Capsule Endoscopy Market Volume Estimates and Forecasts, 2021 - 2033 (In Thousand)
- 4.7. Colon Capsule Endoscopy
- 4.7.1. Colon Capsule Endoscopy Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.7.2. Colon Capsule Endoscopy Market Volume Estimates and Forecasts, 2021 - 2033 (In Thousand)
- 4.8. Others
- 4.8.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.8.2. Others Market Volume Estimates and Forecasts, 2021 - 2033 (In Thousand)
- Chapter 5. Capsule Endoscopy Market Segment Analysis, By Application, 2021 - 2033 (USD Million)
- 5.1. Definition and Scope
- 5.2. Application Market Share Analysis, 2025 & 2033
- 5.3. Segment Dashboard
- 5.4. Global Capsule Endoscopy Market, By Application, 2021 to 2033
- 5.5. OGIB (obscure GI tract bleeding)
- 5.5.1. OGIB (obscure GI tract bleeding) Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.6. Crohn’s disease
- 5.6.1. Crohn’s disease Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.7. Small Intestine tumor
- 5.7.1. Small Intestine tumor Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.8. Others (Celiac,NSAID reactions)
- 5.8.1. Others (Celiac,NSAID reactions) Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 6. Capsule Endoscopy Market Segment Analysis, By End Use, 2021 - 2033 (USD Million)
- 6.1. Definition and Scope
- 6.2. End Use Market Share Analysis, 2025 & 2033
- 6.3. Segment Dashboard
- 6.4. Global Capsule Endoscopy Market, By End Use, 2021 to 2033
- 6.5. Hospitals
- 6.5.1. Hospitals Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6. Outpatient Facilities
- 6.6.1. Outpatient Facilities Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 7. Capsule Endoscopy Market Segment Analysis, By Region, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.1. Regional Market Share Analysis, 2025 & 2033
- 7.2. Regional Market Dashboard
- 7.3. Regional Market Snapshot
- 7.4. Capsule Endoscopy Market Share, By Region, 2025 & 2033:
- 7.5. North America
- 7.5.1. North America capsule endoscopy market, 2021 - 2033 (USD Million)
- 7.5.2. U.S.
- 7.5.2.1. U.S. capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.5.3. Canada
- 7.5.3.1. Canada capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.5.4. Mexico
- 7.5.4.1. Mexico capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6. Europe
- 7.6.1. Europe capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.2. UK
- 7.6.2.1. UK capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.3. Germany
- 7.6.3.1. Germany capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.4. France
- 7.6.4.1. France capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.5. Italy
- 7.6.5.1. Italy capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.6. Spain
- 7.6.6.1. Spain capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.7. Norway
- 7.6.7.1. Norway capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.8. Sweden
- 7.6.8.1. Sweden capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.6.9. Denmark
- 7.6.9.1. Denmark capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7. Asia Pacific
- 7.7.1. Asia Pacific capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.2. Japan
- 7.7.2.1. Japan capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.3. China
- 7.7.3.1. China capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.4. India
- 7.7.4.1. India capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.5. Australia
- 7.7.5.1. Australia capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.6. South Korea
- 7.7.6.1. South Korea capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.7.7. Thailand
- 7.7.7.1. Thailand capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.8. Latin America
- 7.8.1. Latin America capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.8.2. Brazil
- 7.8.2.1. Brazil capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.8.3. Argentina
- 7.8.3.1. Argentina capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.9. MEA
- 7.9.1. MEA capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.9.2. South Africa
- 7.9.2.1. South Africa capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.9.3. Saudi Arabia
- 7.9.3.1. Saudi Arabia capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.9.4. UAE
- 7.9.4.1. UAE capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- 7.9.5. Kuwait
- 7.9.5.1. Kuwait capsule endoscopy market, 2021 - 2033 (USD Million) (Unit Volume, In Thousand Units)
- Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization, 2024
- 8.3. Company Market Share Analysis, 2024/2025 (%)
- 8.4. Company Profiles
- 8.4.1. Olympus
- 8.4.1.1. Company overview
- 8.4.1.2. Financial performance
- 8.4.1.3. Platform benchmarking
- 8.4.1.4. Strategic initiatives
- 8.4.2. CapsoVision
- 8.4.2.1. Company overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Platform benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. Shangxian Minimal Invasive Inc.
- 8.4.3.1. Company overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Platform benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. Medtronic
- 8.4.4.1. Company overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Platform benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. INTROMEDIC
- 8.4.5.1. Company overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Platform benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. AnX Robotics
- 8.4.6.1. Company overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Platform benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. JINSHAN Science & Technology (Group) Co., Ltd.
- 8.4.7.1. Company overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Platform benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. Check-Cap
- 8.4.8.1. Company overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Platform benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. RF Co., Ltd.
- 8.4.9.1. Company overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Platform benchmarking
- 8.4.9.4. Strategic initiatives
- 8.4.10. BioCam
- 8.4.10.1. Company overview
- 8.4.10.2. Financial performance
- 8.4.10.3. Platform benchmarking
- 8.4.10.4. Strategic initiatives
Pricing
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