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Global Automatic Guided Vehicle (AGV) Forklift Market Growth 2025-2031

Published Sep 11, 2025
Length 138 Pages
SKU # LPI20389184

Description

The global Automatic Guided Vehicle (AGV) Forklift market size is predicted to grow from US$ 777 million in 2025 to US$ 1299 million in 2031; it is expected to grow at a CAGR of 8.9% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

United States market for Automatic Guided Vehicle (AGV) Forklift is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Automatic Guided Vehicle (AGV) Forklift is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Automatic Guided Vehicle (AGV) Forklift is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Automatic Guided Vehicle (AGV) Forklift players cover Toyota, KION, Mitsubishi Heavy Industries, Hyundai Construction Equipment, Suzhou AGV Robot Co. Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

This Insight Report provides a comprehensive analysis of the global Automatic Guided Vehicle (AGV) Forklift 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 Automatic Guided Vehicle (AGV) Forklift portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Guided Vehicle (AGV) Forklift market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Guided Vehicle (AGV) Forklift 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 Automatic Guided Vehicle (AGV) Forklift.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Guided Vehicle (AGV) Forklift market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Laser Navigation
Magnetic Navigation
Visual Navigation

Segmentation by Application:
Logistics
Manufacturing
Wholesale and Retail

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.
Toyota
KION
Mitsubishi Heavy Industries
Hyundai Construction Equipment
Suzhou AGV Robot Co. Ltd.
Hangcha
BALYO
BHS Corrugated
Jungheinrich
Comwin
Machinery Technology Development Co., Ltd.
Kunming Shipbuilding Equipment Co., Ltd.
DS Automotion GmbH
Jaten
Hangzhou Guochen Robot
Yonegy
Scott Transbotics
Hangzhou Lanxin Technology Co.,Ltd.
Crown
Meidensha

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automatic Guided Vehicle (AGV) Forklift market?

What factors are driving Automatic Guided Vehicle (AGV) Forklift market growth, globally and by region?

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

How do Automatic Guided Vehicle (AGV) Forklift market opportunities vary by end market size?

How does Automatic Guided Vehicle (AGV) Forklift break out by Type, by Application?

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

Table of Contents

138 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Automatic Guided Vehicle (AGV) Forklift by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Automatic Guided Vehicle (AGV) Forklift by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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