North America Automated Guided Vehicle (AGV) Market Forecast 2030, & 12.5% CAGR Growth

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled North America Automated Guided Vehicle (AGV) Market Research Report: Forecast (2024-2030). This report provides a detailed assessment of the North America Automated Guided Vehicle (AGV) Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019-22
• Base Years: 2023
• Forecast year - 2024-2030

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/north-america-automated-guided-vehicle-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

North America Automated Guided Vehicle (AGV) Market Outlook

According to the report, The North America Automated Guided Vehicle (AGV) Market size is estimated to grow at a CAGR of around 12.5% during the forecast period, i.e., 2024-30. Manufacturing facilities heavily depend on cutting-edge technologies and innovations to produce high-quality products efficiently and cost-effectively.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

North America Automated Guided Vehicle (AGV) Market Drivers:

Rising Product Demand in E-commerce Industry to Boost Market Growth – The global surge in the e-commerce sector has led to the widespread adoption of automated material handling processes. Major players in the e-commerce industry, including Alibaba, Walmart, Amazon, and Flipkart, have actively embraced automated material handling solutions to streamline operations, reduce costs, and expand their inventory capacities. For instance:

• In 2023, Jungheinrich and Mitsubishi Logisnext America announced to introduce Rocrich AGV Solutions, an upcoming joint venture that expands upon their existing collaboration. This partnership aims to deliver established mobile automation solutions tailored for warehouses and production facilities across North America.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/north-america-automated-guided-vehicle-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

North America Automated Guided Vehicle (AGV) Market Trends:

Implementation of Industry 4.0 Technologies in Warehouse Operation Fostering Market Expansion – The deployment of Industry 4.0 technologies in warehouses is poised to significantly boost market growth across various industries. As businesses increasingly recognize the transformative potential of Industry 4.0, characterized by the integration of smart technologies, data analytics, and automation, warehouses are emerging as key focal points for optimization. The adoption of technologies such as the Internet of Things (IoT), robotics, artificial intelligence (AI), and advanced data analytics in warehouse operations enhances overall efficiency, accuracy, and adaptability.

North America Automated Guided Vehicle (AGV) Market Segmentation

The study categorizes the North America Automated Guided Vehicle (AGV) Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

• Forklift Trucks
• Tow Vehicles
• Unit Load Carriers
• Assembly Line Vehicles
• Others (Pallet Trucks, Autonomous Mobile Robots, etc.)

By Navigation Technology

• Laser Target Navigation
• Magnetic Guide Tape
• Wired Navigation
• Vision Guidance
• Inertial (gyroscopic) Navigation
• Others (Geoguidance, LiDAR, etc.)

By Application

• Logistics & Warehousing
• Assembly
• Packaging
• Others (Trailer loading & unloading, Raw material handling, etc.)

By End User

• Aerospace & Defense
• Food & Beverages
• Electronics & Semiconductors
• Retail
• Automotive
• Others (Healthcare, Chemical, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Country

• The US
• Canada
• Mexico

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/north-america-automated-guided-vehicle-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in North America Automated Guided Vehicle (AGV) Market Worldwide: Players, Analysis & Future Outlook

Toyota Material Handling, Inc., Jungheinrich AG, Konecranes Plc, John Bean Technologies Corporation, Daifuku Co., Ltd., Bastian Solutions, LLC, Hyster-Yale Group, Inc., Murata Machinery, Ltd., KUKA AG, Crown Equipment Corporation, Oceaneering International, Kion Group Ag, Others are the top companies in the North America Automated Guided Vehicle (AGV) Market.

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/north-america-automated-guided-vehicle-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the North America Automated Guided Vehicle (AGV) Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the North America Automated Guided Vehicle (AGV) Market?
4. Who are the prominent players in the North America Automated Guided Vehicle (AGV) Market?
5. How is the competition structured in this market?
6. How can I access the full report?

About Us

MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.

Reach Us:

MarkNtel Advisors

Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Website: https://www.marknteladvisors.com

We’re always open to sharing insights, exploring ideas. Follow us to stay updated on the latest news and industry trends.