Press release
United States Automotive Guided Vehicle Industry Set for Record Growth Till 2033 | Top 5 Companies - Toyota Industries, Hyster-Yale Materials Handling, E&K Automation, Kollmorgen, Seegrid Corporation
Automotive Guided Vehicle Industry
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Latest M&A (Automotive Guided Vehicle)
NEURA Robotics acquired ek robotics in September 2025, integrating leading AGV expertise into its cognitive robotics platform and rebranding the business as Neura Mobile Robotics GmbH.
The automotive sector saw 111 total M&A transactions in Q2 2025, with several targeting automation and AGV tech firms for growth and product synergy
Key Players:
Daifuku, JBT Corporation, KION Group, KUKA, Toyota Industries, Hyster-Yale Materials Handling, E&K Automation, Kollmorgen, Seegrid Corporation, and SSI Schaefer, Egemin Automation, Inc., Bastian Solutions, Elettric80 SpA, Fetch Robotics, Inc, inVia Robotics, Inc, Locus Robotics, System Logistics Spa, Transbotic.
Latest Technologies (Automotive Guided Vehicle)
AI, machine learning, and sensor fusion are transforming AGVs into true autonomous mobile robots (AMRs) with dynamic navigation, obstacle avoidance, and contextual decision-making using Lidar and camera-based localization.
The industry is rapidly adopting laser-guided, vision-guided, and magnetic-guided AGVs for superior precision, real-time data and route flexibility-the laser type holds the highest market share as of 2025.
AI-enabled predictive maintenance, smart coordination, and integration with digital supply chain platforms are enhancing AGV performance in warehouses and auto factories.
AMRs outperform traditional AGVs by dynamically navigating changing environments, autonomously planning alternate paths, and utilizing sensor-driven, three-dimensional mapping.
Growth Forecast Projected:
The Global Automotive Guided Vehicle Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Automotive Guided Vehicle Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Type: (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks, Others)
By Navigation Technology: (Laser Guidance, Magnetic Guidance, Inductive Guidance, Optical Tape Guidance, Vision Guidance, Others)
By Application: (Logistics and Warehousing, Packaging, Assembly, Raw Material Handling, Others)
By Industry: (Automotive, Manufacturing, Food and beverages, Healthcare, Aerospace, Retail, Others)
Industry Developments (Automotive Guided Vehicle)
Global AGV and AMR market is valued at $6.4 billion in 2025 and projected to reach $15.6 billion by 2030, with Asia-Pacific leading at 34% share.
Industry adoption is accelerating across e-commerce, automotive assembly, and smart logistics, driven by strong ROI and scalable automation benefits.
Major AGV market players expanding regionally include Daifuku, AFT Industries, Swisslog, Dematic, Toyota Industries.
The market saw growth rate revisions, now expected at a 21% CAGR over five years with increased focus on modular, flexible AGV solutions and smart warehouse integration.
BMW trimmed its 2025 outlook due to slower China demand and tariffs, affecting broader automotive robotics expansion plans.
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Automotive Guided Vehicle producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Automotive Guided Vehicle revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q1: How fast is the Automotive Guided Vehicle Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 14% from 2025 to 2032
Q2: Which regions are dominating the Automotive Guided Vehicle Market and which are fastest-growing?
A: North America dominating the Automotive Guided Vehicle market.
Investments (Automotive Guided Vehicle)
Strategic alliances, private equity, and venture investments continue to drive innovation, with top AGV firms investing in AI-powered navigation and technology upgrades for next-gen logistics and manufacturing solutions.
AGV market participants are securing funding to accelerate development in AI, sensor fusion, and autonomous navigation hardware/software.
Expansion into e-commerce automation and smart manufacturing remains a dominant investment theme, supporting global competition among leading robotics and AGV companies.
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