Automated Guided Vehicles Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028

  • Published: Aug 2025
  • Pages: 160

The automated guided vehicles (AGV) market analysis report offers an in-depth assessment of the market size and growth trends in North America, Europe, APAC, South America, Middle East, and Africa, focusing on the US, UK, France, Germany, and China from 2024 to 2028. This comprehensive study covers market size, share, trends, growth drivers, challenges, and opportunities in the AGV market across various segments and regions.

Market Report Insights

The report provides insights into the key driving factors, such as increasing automation in manufacturing and logistics industries, and market challenges, like high initial investment and integration complexities. Major players in the AGV market include Daifuku, Kion Group, Toyota Material Handling, and Jungheinrich.

Market Segmentation

1. Based on application, the AGV Market is segmented into manufacturing, logistics and warehousing, and others. In manufacturing, AGVs are used for material handling, assembly, and inspection processes.
2. By technology, the market is segmented into guided tapes, laser guidance, magnetic tape, and vision guidance. Guided tapes are further divided into wire and tape types.

Regional Analysis

The AGV market is analyzed across North America, Europe, APAC, South America, Middle East, and Africa, with each region presenting unique growth opportunities and challenges.

Market Dynamics

Drivers:
- Increasing automation in manufacturing and logistics industries
- Improved productivity and efficiency in material handling
- Growing demand for flexible and customizable material handling solutions

Trends:
- Integration of AGVs with IoT and AI technologies
- Increasing adoption of collaborative robots and autonomous mobile robots
- Rising demand for modular and scalable AGV systems

Opportunities:
- Expansion of the market in emerging economies
- Growing demand for AGVs in e-commerce and retail industries

Company Analysis

1. Daifuku: A leading global provider of material handling solutions, including AGVs and conveyor systems.
2. Kion Group: A leading international supplier of industrial trucks and warehouse technology, offering a wide range of AGVs.
3. Toyota Material Handling: A global leader in material handling equipment, offering a comprehensive range of AGVs and automation solutions.
4. Jungheinrich: A leading provider of intralogistics solutions, including AGVs, forklifts, and warehouse equipment.

Market Report Highlights

Base Year

      2023

Forecast Period

      2024-2028

Market Size

      USD X.XX Billion*

Market Growth

      X.XX%*

Application

  • Manufacturing
  • Logistics and warehousing
  • Others

Technology

  • Guided tapes
  • Laser guidance
  • Magnetic tape
  • Vision guidance

Regional Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa

Key Companies Profiled

  • Daifuku
  • Kion Group
  • Toyota Material Handling
  • Jungheinrich
  • Others

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FAQs

1. What is the size of the AGV Market in Europe?
Answer: The report provides the market size and growth trends for the AGV Market in Europe from 2024 to 2028.
2. Who are the major players in the AGV Market?
Answer: Major players in the AGV Market include Daifuku, Kion Group, Toyota Material Handling, and Jungheinrich.
3. What are the growth drivers for the AGV Market?
Answer: The AGV Market is driven by increasing automation in manufacturing and logistics industries, improved productivity and efficiency in material handling, and growing demand for flexible and customizable material handling solutions.
4. What are the challenges faced by the AGV Market?
Answer: The AGV Market faces challenges such as high initial investment and integration complexities.
5. What is the segmentation of the AGV Market based on application?
Answer: The AGV Market is segmented into manufacturing, logistics and warehousing, and others.
6. What are the technologies used in AGVs?
Answer: AGVs use various technologies for guidance, including guided tapes, laser guidance, magnetic tape, and vision guidance.

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Automated Guided Vehicles Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, UK, France, Germany, China - Size and Forecast 2024-2028
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