Global Automatic Guided Vehicle Battery Market Growth (Status and Outlook) 2025-2031

The global Automatic Guided Vehicle Battery market size is predicted to grow from US$ 417 million in 2025 to US$ 628 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.

An Automatic Guided Vehicle (AGV) battery is a power source designed specifically for AGVs, which are driverless vehicles used in industrial settings for material handling. These batteries provide the necessary electrical energy for AGVs to navigate, transport loads, and perform their designated tasks. They must be durable, reliable, and capable of withstanding the demands of continuous operation. Battery types vary, with lead-acid and lithium-ion being the most common. The selection of an AGV battery depends on factors like the vehicle's size, load capacity, operational environment, and desired runtime.

The AGV battery industry is experiencing a significant shift towards advanced battery technologies, driven by the increasing demand for automation and efficiency in various sectors. The most prominent trend is the rapid adoption of lithium-ion batteries, replacing traditional lead-acid batteries due to their superior energy density, longer lifespan, and faster charging capabilities. This transition is fueled by the need for AGVs to operate for extended periods with minimal downtime, especially in demanding environments like e-commerce warehouses and manufacturing plants. Furthermore, there's a growing emphasis on smart battery management systems (BMS) that provide real-time data on battery health, usage, and charging status, enabling predictive maintenance and optimized performance. Wireless charging solutions are also gaining traction, offering convenient and automated charging options for AGVs. Additionally, sustainability is becoming a key consideration, with manufacturers focusing on developing eco-friendly battery solutions and promoting recycling initiatives. The integration of AI and machine learning into BMS is further enhancing battery performance and efficiency, allowing for adaptive charging and optimized energy consumption. As the AGV market continues to expand, the battery industry is poised for continuous innovation, with a focus on developing lighter, more powerful, and more sustainable energy solutions.

LPI (LP Information)' newest research report, the “Automatic Guided Vehicle Battery Industry Forecast” looks at past sales and reviews total world Automatic Guided Vehicle Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Guided Vehicle Battery sales for 2025 through 2031. With Automatic Guided Vehicle Battery 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 Battery industry.

This Insight Report provides a comprehensive analysis of the global Automatic Guided Vehicle Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automatic Guided Vehicle Battery 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 Battery market.

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

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Guided Vehicle Battery market by product type, application, key players and key regions and countries.

Segmentation by Type:
<30V
≥30V

Segmentation by Application:
AGV Manufacturing
AGV Maintenance

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 analyzing the company's coverage, product portfolio, its market penetration.
Long Sing Technology
East Penn Manufacturing
Richye
PLB Battery
WEWO Techmotion
Wiferion
AGVE Group
BSLBATT
Toshiba
Battsys

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