Global Automated Guided Vehicle (AGV) Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Definition and Scope:

AGV (Automated Guided Vehicle) is an automated guided vehicle, which is mainly used for automatic logistics handling and transportation. It transports items to designated locations through special landmark navigation. Common guidance methods include magnetic strip guidance and laser guidance. With the development of technology, it has been incorporated into the mobile robot industry.

The global Automated Guided Vehicle market is projected to reach USD 4.71 Billion in 2024. It is expected to grow to USD 10.03 Billion by 2033, registering a compound annual growth rate (CAGR) of 8.75% during the forecast period (2025–2033). -

With the continuous development of the global economy, the trend of automated equipment replacing human labor continues to advance, and the global market demand for AGV products is growing.

The AGV industry chain can be divided into three links: upstream core components (including servo systems, sensors, intelligent SoCs, control MCUs, reducers, housings/structural parts, etc.), midstream body manufacturing (AGV mobile robot manufacturers), and downstream system integration and application (such as intelligent logistics system integration, which can be applied to automobiles, 3C, express e-commerce and other industries). At present, body manufacturers can also provide some system solution designs, and some downstream integrators also have the ability to design and produce AGV carts. Body manufacturers generally do not penetrate into upstream core components.

Note: Mobile robots in this report include AGV and AMR. AMR--Autonomous Mobile Robot, that is, autonomous mobile robots. AMR is similar to AGV, but it does not require external infrastructure such as magnetic strips, rails, and QR codes.

This report offers a comprehensive analysis of the global Automated Guided Vehicle (AGV) market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Automated Guided Vehicle (AGV) market.

Global Automated Guided Vehicle (AGV) Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Automated Guided Vehicle (AGV) market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Automated Guided Vehicle (AGV) Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Daifuku Co., Ltd.

Toyota Industries Corporation

KION Group AG

Jungheinrich AG

KUKA AG

Murata Machinery, Ltd.

SSI SCHAEFER AG

Mitsubishi Logisnext Co., Ltd.

Geek+

Hai Robotics

Seegrid Corporation

JBT Corporation

Standard Robots

Quicktron

EK Robotics GmbH

Scott Technology Ltd.

Oceaneering International, Inc.

Siasun Robot & Automation Co., Ltd.

Suzhou Casun Intelligent Robot Co., Ltd.

Hyster-Yale Materials Handling, Inc.

MEIDENSHA Corporation

Kinco Automation

Hikrobot

Huari Technology

CSG HUA XIAO

Market Segmentation by Type

Tow vehicle

Unit load carrier

Pallet truck

Forklift truck

Assembly line vehicles

Market Segmentation by Application

Logistics & warehousing

Assembly

Packaging

Trailer loading & unloading

Raw material handling

Others

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Automated Guided Vehicle (AGV) Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters. Show more