Global Automated Guided Vehicle Market Size & Outlook
Global automated guided vehicle market, 2018-2030 (US$M)
Related Markets
Global automated guided vehicle market highlights
- The global automated guided vehicle market generated a revenue of USD 5,341.6 million in 2024 and is expected to reach USD 9,181.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.2% by 2030.
- In terms of segment, tow vehicle accounted for a revenue of USD 2,261.1 million in 2024.
- Forklift Truck is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,341.6 million |
| Market revenue in 2030 | USD 9,181.3 million |
| Growth rate | 9.2% (CAGR from 2025 to 2030) |
| Largest segment | Tow vehicle |
| Fastest growing segment | Forklift Truck |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tow Vehicle, Unit Load Carrier, Pallet Truck, Forklift Truck, Hybrid Vehicles |
Other key industry trends
- In terms of revenue, the North America accounted for 24.2% of the global automated guided vehicle market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 379.0 million by 2030.
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Automated Guided Vehicle Market Scope
Automated Guided Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automated guided vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated guided vehicle market will help companies and investors design strategic landscapes.
Tow vehicle was the largest segment with a revenue share of 42.33% in 2024. Horizon Databook has segmented the Global automated guided vehicle market based on tow vehicle, unit load carrier, pallet truck, forklift truck, hybrid vehicles covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automated Guided Vehicle Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Tow Vehicle
- Unit Load Carrier
- Pallet Truck
- Forklift Truck
- Hybrid Vehicles
- Others
- Global Automated Guided Vehicle Technology Outlook (Revenue, USD Million, 2018-2030)
- Laser Guidance
- Magnetic Guidance
- Vision Guidance
- Inductive Guidance
- Natural Navigation
- Others
- Global Automated Guided Vehicle Application Outlook (Revenue, USD Million, 2018-2030)
- Logistics and Warehousing
- Transportation
- Cold Storage
- Wholesale & Distribution
- Cross-Docking
- Assembly
- Packaging
- Trailer Loading and Unloading
- Raw Material Handling
- Others
- Logistics and Warehousing
- Global Automated Guided Vehicle Industry Outlook (Revenue, USD Million, 2018-2030)
- Manufacturing Sector
- Automotive
- Aerospace
- Electronics
- Chemical
- Pharmaceuticals
- Plastics
- Defense
- FMCG
- Tissue
- Others
- Wholesale and Distribution Sector
- E-commerce
- Retail Chains/Conveyance Stores
- Grocery Stores
- Hotels and Restaurants
- Manufacturing Sector
- Global Automated Guided Vehicle Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Global Automated Guided Vehicle Battery Type Outlook (Revenue, USD Million, 2018-2030)
- Lead Battery
- Lithium-Ion Battery
- Nickel-based Battery
- Others
- Global Automated Guided Vehicle Operation Outlook (Revenue, USD Million, 2018-2030)
- Indoor
- Outdoor
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Target buyers of Global automated guided vehicle market databook
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Our clientele includes a mix of automated guided vehicle market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automated guided vehicle market , including forecasts for subscribers. This global databook contains high-level insights into Global automated guided vehicle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global automated guided vehicle market size, by regions, 2018-2030 (US$M)
Top 10 countries: Automated guided vehicle market size, 2024 (US$M)
Global automated guided vehicle market share, by vehicle type, 2024 & 2030 (%, US$M)
Automated guided vehicle market: Opportunity assessment by country
Global automated guided vehicle market, by region, 2024 (US$M)
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