Electronics and Semiconductor
Aerospace and Defense
Automotive and Transportation
Biotechnology
Chemicals and Materials
Consumer Goods
Energy and Power
Food and Beverages
Healthcare IT
Information & Communications
Manufacturing and Construction
Pharmaceuticals
_Market,_Forecast_to_2033.png)
Market Summary
The global Automated Guided Vehicle (AGV) market size was valued at USD 5.90 billion in 2025 and is projected to reach USD 25.40 billion by 2033, growing at a CAGR of 19.70% from 2026 to 2033. The AGV market worldwide is getting bigger fast. This is because many firms are employing the use of AGVs to cut costs and automate their logistics, warehousing, and manufacturing operations. AGVs are becoming more adaptable because of advanced guidance tech like lasers and cameras. Since online shopping is still getting bigger, car companies and stores around the world want better ways to move stuff. So, it looks like the AGV market will keep growing, too.
Market Size & Forecast
- 2025 Market Size: USD 5.90 Billion
- 2033 Projected Market Size: USD 25.40 Billion
- CAGR (2026-2033): 7.31%
- North America: Largest Market in 2026
- Asia Pacific: Fastest Growing Market
To learn more about this report, 
Download Free Sample Report
Key Market Trends Analysis
- The American market is thriving in the Automatic Guided Vehicle market. This is because of the fact that several warehouse facilities and manufacturing facilities are currently using Automatic Guided Vehicles. They have roads and systems to move things around which helps. Many people are putting money into making these places work better and rely less on people to do the work in facilities like these. The Automatic Guided Vehicle industry is growing steadily because of this.
- In North America tow trucks are part of the market. This is because they are good at moving lots of things over distances. Tow trucks are very useful in car factories and big warehouses where things are always being moved around. They help get the job done in these places where there is always something going on. Tow trucks are a help, in these situations because they can move many things at the same time.
- The growth of the AGVs market in the USA is fueled by increasing labor expenses, the increasing adoption of smart manufacturing, and the resultant demand for automation in these distribution centers.
- The primary region that utilizes logistics and warehouse operations in America has been based on shopping. Consumers have been buying many things online, and logistics and warehouse operations have been required in this domain for delivering these items quickly to them. This also means logistics and warehousing must handle and move things around in the places where orders are prepared which are called fulfillment centers. Logistics and warehousing are very important for fulfillment centers to work properly.
- The main people who use Automatic Guided Vehicles in the United States are the car makers. The car makers use Automatic Guided Vehicles to make their assembly lines better. They also use Automatic Guided Vehicles to handle things and make the factory a safer place for the people who work there. The car makers, like Automatic Guided Vehicles because they help with these things.
- The Asia Pacific market is getting bigger because the industry is growing governments are helping to make things more automatic. It is getting more expensive to pay workers especially in China, Japan and India. The Asia Pacific market is really taking off.
- In the Asia Pacific, the laser guidance segment is expected to dominate the overall navigation technologies market owing to its ability to allow precise movements of AGVs even in a crowded environment.
The Global Automated Guided Vehicle (AGV) Market is a collection of self-driven material handling robots, which handle material or product movement from a manufacturing or logistics facility with minimal human intervention to a considerable extent of accuracy. AGVs employ sophisticated navigation systems like lasers, magnetic, as well as vision systems to accomplish smooth as well as precise movement of products without human intervention. AGVs have, of course, become necessary tools in an automated facility that has a lot of repetitive tasks.
The drivers for market growth include the increasing requirement for efficiency, rising labor costs, and the increasing complexity of supply chains. The application of AGVs began in the automobile sector, e-commerce, the retail industry, and the food and beverage sector. The growing involvement in the logistics and warehousing sector, because of the increased involvement in the e-commerce business and the requirement for the delivery of goods within the same day, is also acting as a driver for the market. In the past, the increased costs related to navigation systems were a challenge for the market.
Region-wise, North American and Asia/Pacific are prominent markets because of their strong industry and increasing automation spending. The North American market is aided by technology adoption and smart manufacturing plans, and Asia/Pacific, because of rapid industrialization and automation plans from governments. Overall, this makes AGV a pivotal technology solution that makes globally material handling a reliable and auto-ready process.
Automated Guided Vehicle (AGV) Market Segmentation
By Type
- Tow Vehicles
Tow Vehicles: These lead as a result of efficient long-distance multi-load transportation in large facilities, while Unit Load Carriers, Pallet Trucks, or Forklift AGVs follow as a means of facilitating flexible material handling, pallet transfer, or stacking tasks as a response to different automation requirements.
To learn more about this report, Download Free Sample Report
By Navigation Technology
- Laser Guidance
Laser Guidance leads the way in accuracy and flexibility of design, whilst Magnetic Guidance provides reliable, economic performance for static paths, and Vision Guidance facilitates dynamic navigation for AGVs to move effectively in semi-structured spaces.
By End-User Industry
- Logistics & Warehousing
Logistics & Warehousing accounts for the maximum use based on high-volume material movement, followed by the Manufacturing sector for optimized production, and Assembly & Packaging, where AGVs increase the level of precision and efficiency related to repetitive operational processes.
By End-User Industry
- Automotive
The Automotive industry is the main user of AGVs because they're used a lot in putting things together and moving stuff around. E-commerce and retail companies want automation, which has also increased demand. Food and beverage companies use AGVs to keep things clean, safe, and run well.
Regional Insights
The Global Automated Guided Vehicle (AGV) Market shows diversified trends for various regions, which are driven by the maturity of industries, the rate of automation, and the presence of logistical infrastructure. The North American market, including the United States, Canada, and Mexico, represents the mature market, mainly driven by developed manufacturing sectors and high labor costs.
The Europe region, along with Germany, UK, France, Spain, Italy, and the Rest of Europe, is witnessing stable growth influenced by advanced industrial automation, car manufacturing, and increasing smart factory and optimized intralogistics solutions investments.
The Asia Pacific market is the fastest-growing market, driven by China, Japan, South Korea, and India, and by Australia and New Zealand and the Rest of Asia Pacific. Industrialization, government-driven automation programs, and manufacturing and logistics operations are major growth factors.
South America is a place that has Brazil, Argentina and the Rest of South America. This area is getting popular. People are starting to use Automatic Guided Vehicles or AGV for short more often. The reason for this is that the roads and transportation systems in South America are getting better. Also the factories and manufacturing facilities in South America are becoming more modern. So the use of AGV, in South America is slowly becoming more common.
Middle East & Africa, including Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa, is experiencing moderate growth due to investment in smart warehousing, industry diversification, and automation-driven development in logistics.
To learn more about this report, Download Free Sample Report
Recent Development News
- August 2025, Daifuku Co., Ltd. completed construction of a new factory building at its Shiga Works in August 2025, expanding manufacturing capacity for automated guided vehicles and distribution systems to support growing automation demand.
(Source: https://www.daifuku.com/company/news/2025/0808_01/
- In December 2025, In December 2025, Seegrid Corporation’s Lift RS1 AMR won the Material Handling’s Products of the Year Readers’ Choice Award 2025, highlighting its advanced autonomous navigation and safety-focused design that enhances efficiency and reliability in material handling applications.
|
Report Metrics |
Details |
|
Market size value in 2025 |
USD 5.90 Billion |
|
Market size value in 2026 |
USD 7.20 Billion |
|
Revenue forecast in 2033 |
USD 25.40 Billion |
|
Growth rate |
CAGR of 19.70% from 2026 to 2033 |
|
Base year |
2025 |
|
Historical data |
2021 – 2024 |
|
Forecast period |
2026 – 2033 |
|
Report coverage |
Revenue forecast, competitive landscape, growth factors, and trends |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
United States; Canada; Mexico; United Kingdom; Germany; France; Italy; Spain; Denmark; Sweden; Norway; China; Japan; India; Australia; South Korea; Thailand; Brazil; Argentina; South Africa; Saudi Arabia; United Arab Emirates |
|
Key company profiled |
Daifuku Co., Ltd., Toyota Industries Corporation, KUKA AG, JBT Corporation, KION Group AG, Swisslog Holding AG, SSI Schaefer Group, Dematic, Seegrid Corporation, Egemin Automation Inc., Rocla AGV Solutions, Bastian Solutions, Inc., Murata Machinery, Ltd., Elettric80 S.p.A., AGVE Group. |
|
Customization scope |
Free report customization (country, regional & segment scope). Avail customized purchase options to meet your exact research needs. |
|
Report Segmentation |
By type (Tow vehicles, unit load carriers, pallet trucks, forklift AGVs), by navigation technology (laser guidance, magnetic guidance, vision guidance), By End-User Industry (logistics & warehousing, manufacturing, assembly & packaging), by end-user industry (automotive, e-commerce & retail, food & beverage). |
Key Automated Guided Vehicle (AGV) Company Insights
Daifuku Co., Ltd. leads the world in automated material handling, excelling in AGVs, conveyors, and warehouse automation. The company strategically emphasizes AI, precise navigation, and flexible fleet management to make material flow better, cut down on the need for manual labor, and increase safety. With a solid base in Asia, North America, and Europe, Daifuku keeps coming up with new ideas in logistics and distribution, making them a major player in the field. Because they can integrate AGVs with warehouse software and Industry 4.0, many businesses in automotive, e-commerce, and manufacturing are starting to use their systems around the globe.
Key Automated Guided Vehicle (AGV) Companies:
- Daifuku Co., Ltd.
- Toyota Industries Corporation
- KUKA AG
- JBT Corporation
- KION Group AG
- Swisslog Holding AG
- SSI Schaefer Group
- Dematic
- Seegrid Corporation
- Egemin Automation Inc.
- Rocla AGV Solutions
- Bastian Solutions, Inc.
- Murata Machinery, Ltd.
- Elettric80 S.p.A.
- AGVE Group
Global Automated Guided Vehicle (AGV) Market Report Segmentation
By Type
- Tow Vehicles
- Unit Load Carriers
- Pallet Trucks
- Forklift AGVs
By Navigation Technology
- Laser Guidance
- Magnetic Guidance
- Vision Guidance
By Application
- Logistics & Warehousing
- Manufacturing
- Assembly & Packaging
By End-User Industry
- Automotive
- E-commerce & Retail
- Food & Beverage
Regional Outlook
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- Australia & New Zealand
- South Korea
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
- Rest of the Middle East & Africa
-market-pr.png)
APAC:+91 7666513636
