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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The booming e-commerce industry requires efficient and high-throughput warehouses. AGVs offer a solution by streamlining material handling tasks, increasing order fulfillment speed and accuracy.
Manufacturing and logistics companies are facing challenges in finding and retaining skilled workers. AGVs alleviate this pressure by automating repetitive tasks, allowing human employees to focus on more complex activities.
Improvements in sensor technology, navigation systems, and artificial intelligence (AI) are making AGVs more sophisticated, adaptable, and capable of handling a wider range of tasks.
Businesses are constantly looking for ways to optimize their operations and reduce costs. AGVs can significantly improve efficiency by automating material movement within facilities, leading to faster production cycles and reduced downtime.
The U.S. AGV market is estimated to be worth around $1.48 billion in 2024, with a projected CAGR (Compound Annual Growth Rate) of around 9% between 2 to 12.43% according to various sources. This indicates steady and promising growth.
Tow vehicles are currently the most popular type of AGV in the U.S. market, used for flexible transportation of various materials, pallets, and goods within facilities.
Established automation companies like Honeywell, Bosch Rexroth, and Siemens are major players in the U.S. AGV market.There's also a growing presence of smaller, innovative companies specialising in developing next-generation AGVs with advanced features and functionalities.
Seamless integration of AGVs with existing warehouse management systems (WMS) and infrastructure is crucial for maximizing efficiency.Ensuring the safety of workers alongside AGVs is paramount. Proper training, signage, and safety protocols are essential.While AGVs offer significant long-term benefits, the upfront investment cost can be a barrier for some companies.
While tow vehicles remain dominant, there's a growing interest in more advanced AGVs like unit load carriers and straddle carriers. These can handle heavier loads and navigate more complex environments.
Overall, the U.S. AGV market presents a dynamic and promising landscape. As technology advances, labor costs rise, and the demand for efficient material handling grows, AGVs are expected to play an increasingly important role in the future of American manufacturing and logistics.
To manufacture significantly greater commodities at faster speeds and cheaper prices, contemporary manufacturing companies rely on new technologies and innovative.
Because the country is experiencing a labour scarcity, installing more sophisticated operating systems is going to be the only way to compete in the competitive world of business
Manufacturers profit from autonomous guided self - driving technology in a variety of ways, including lower operating costs and higher material productivity, but the benefits may go much farther.
The marketplace trend indicates that an increasing number of businesses, both big and medium, are resorting to solutions including Automated Guided Vehicles (AGVs)
| Sl No | Company Name | New Development |
| 1 | Continental | Continental AG developed its own line of autonomous automated guided vehicles (AGVs) for transporting parts in its assembly plants and warehouses. |
| 2 | JBT Corporation | JBT Corporation acquired AutoCoding Systems Ltd., to integrate and automate the use of in-line packaging devices, such as coders, scanners, labelers and checkweighers, reducing manual inspection and downtime for line configuration. |
| 3 | Seegrid | Seegrid introduced an upgraded autonomous Tow Tractor. It helps in a niche of manufacturing and warehousing with its improved carrying capacity up to 10,000 pounds. |
| 4 | KION | KION and its subsidiary brand STILL have successfully developed the VDA 5050 project, a new interface that lets AGVs and control software communicate with each other independent of the manufacturer. |
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Murata Machinery USA Expands on AGV Lineup, Unifying with AGVE Group | Murata Machinery USA, Inc. has added an extensive line of automated guided vehicles to its transportation and automated product lines (AGVs). To their current Muratec Premex Series, the A-Series includes seven common base models that may be customised for a wide variety of load capacities. | USA | This would enhance better Technological Controls |
| 2 | Flux Power Unveils New Lithium-ion Battery Pack for AGVs & AMRs at MODEX 2022 | At MODEX 2022, it announced the introduction of its C48 lithium-ion rechargeable battery for Autonomous Unmanned Vehicles (AGV) as well as Autonomous Mobile Robots (AMR). emblematic automated industrial vehicle forklift. | USA | This would enhance better Technological Controls |
| 3 | Quanergy LiDAR Solutions to Accelerate the Adoption of Automation in the Material Handling Market | During Modex22, Booth B4732, Quanergy will demonstrate its extensive range of high-performance LiDAR systems, with capabilities including AGV and AMR guidance, ASRS anti-collision, Tag-Free Asset Tracking, and package proportioning. | USA | This would enhance better Technological Controls |
| 4 | Smart Factory gets efficiency boost from AGV lift trucks | The AGV deployment at TRUMPF Group's Industrial Internet of things in Chicago enables the industry's personnel to concentrate upon value-added manufacturing operations whereas the AGVs handle the accompanying material transfers in real time. | USA | This would enhance better Technological Controls |
| 5 | Siemens teams up with UK firms to offer bespoke AGVs | Siemens has teamed up with Parmley Graham and AR Controls, two UK engineering firms, to develop customised AGVs (automated guided vehicles) for a number of sectors. | USA | This would enhance better Technological Controls |
At its production facility in Adairsville, Georgia, Yanmar America Corporation has implemented an advanced automated guided vehicle (AGV) technology. The production capacity of Yanmar's Powerpack series generators has improved tenfold, and the quality of the products delivered to customers, thanks to the installation of the modular AGV system.
The system can even be managed using an app from the Google Play store and does not require an automation engineer or extensive programming knowledge to implement.
The latest model in the Nidec-Shimpo Corporation's S-CART series of automated guided vehicles (AGVs) will feature a "Follow-Me" feature, according to a company announcement. The AGV can track a person (or item) in front of it and follow them around by pressing a button on a tablet.
The AGV can switch on demand between tracking mode and the preprogrammed behavior if it is working in an area where there is a predetermined movement pattern. The control application has undergone a thorough overhaul, resulting in a layout that is better and more intuitive to use. The tablet's signal strength has also been boosted.
ANTdriven.com has been launched by BlueBotics, a company that provides navigation for autonomous systems. The new site is designed to help warehouse, factory, and supply chain decision makers learn about a variety of automated vehicle technologies from throughout the ANT ecosystem, or autonomous navigation technology.
Warehouse and factory managers are increasingly turning to automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) to assure their enterprises' continued competitiveness and resilience in today's tough business market.
Whether these projects include the automation of an entire facility or a single function, organisations frequently encounter the same adoption challenges.
Often, a buyer's first conundrum is deciding where to begin. When it comes to automating transportation processes with vehicles like AGVs, automated forklifts, and AMRs, it's crucial to first understand how these technologies work.
Then there's the task of compiling a shortlist of potential acquisitions that have been proved to work accurately and dependably, as well as the ability to develop into a bigger connected fleet when a company's needs change.
Finally, there's the business case to consider, which necessitates accurate financial estimates based on real-world data.
BlueBotics said it created ANTdriven.com to assist potential purchasers in overcoming these obstacles and identifying the autonomous cars that are most suited to their enterprises. It goes on to say that the platform offers clear educational information and practical tools, as well as free expert guidance.
Murata Machinery USA, Inc. adds a wide range of automated guided vehicles to its product offerings for logistics and automation (AGVs). To their current Muratec Premex Series, the A-Series adds seven common base models that may be customised for a variety of load capacities, lift heights, navigational techniques, temperature ratings, and software applications.
Together with the AGVE Group, Murata Machinery will take over and oversee all North American operations, including day-to-day sales, installation, service, and marketing activities.
A-Series conventional forklift to roller and raise deck vehicles may move payloads weighing as little as a few pounds or as much as 65 tonnes, reach lift heights of up to 36 feet, and work in temperatures as low as -10 degrees Fahrenheit and as high as 104 degrees Fahrenheit.
Audi at its factory in Bavaria, where the assembly line has been replaced by assembly stations placed on an AGV with operators. The PSA Peugeot-Citroën Group also adopted AGVs in its production chains.
SmartDect, a new ultra-wideband technology from Elettric80, is introduced. In order to improve safety by more precisely locating people, objects, and assets, the company has integrated ultra-wideband technology into its automated-guided vehicle and laser-guided vehicle fleets.
With the adoption of SmartDect, an ultra-wideband (UWB) technology for short-range wireless communication that can pinpoint the locations of people, assets (AGV), and objects with unmatched accuracy, Elettric80 has now advanced its AGV.
Utilizing a broad frequency spectrum, UWB technology sends very brief radio pulses in a pattern every few milliseconds. The AGV's receiving system analyses the incoming pattern and converts it into information that is used to precisely sense the location of people, objects, and other AGVs that are in use.
The US AGV Market was estimated to be $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Jungheinrich EKX 516ka / 516a Automated High-Rack Stacker was just introduced by Mitsubishi Logisnext Americas group, the sole distributor of Jungheinrich® lift trucks, narrow-aisle, and automated guided vehicles in the United States, Canada, and Mexico.
The EKX 516ka / 516a is a strong and adaptable solution for high-density storage and extremely narrow aisle operations. It has a fully automated, full-pallet storage and retrieval system and operates around the clock for optimal productivity.
The brand-new AGV Signature Series from PROMATION is their most recent Industry 4.0 innovation. With the added convenience of Industry 4.0 Integration, the autonomous guided vehicle delivers all the most recent developments in transportation technology. Through the use of a magnetic induction line, the system is simply taught how to navigate a route.
Transporting goods and materials around the production floor is made safe and responsible by the AGV.
Rocla and UniCarriers America (UCA) have partnered to offer the Americas Rocla's superior automated guided vehicle (AGV) solutions. The collaboration is part of UCA's newest initiative, UniCarriers System Solutions, which gives the dealer network access to a wider range of material handling services and solutions to satisfy changing customer demands.
For UniCarriers System Solutions, partnering with Rocla is the first step towards tackling and resolving certain market difficulties.
In order to deliver best-in-class autonomous navigation technology (ANT) for MasterMover's selection of automated guided vehicles (AGVs), the leading provider of electric tug and tow solutions in the world, MasterMover has announced a new cooperation with BlueBotics, a pioneer in vehicle automation.
Customers can now benefit from the cutting-edge features and functionality offered by the market leader in vehicle navigation by purchasing MasterMover AGV solutions that come standard with BlueBotics' ANT natural navigation technology.
MasterMover offers autonomous systems that can move up to 30,000 kg, demonstrating that the business is prepared to handle a variety of load moving difficulties with cutting-edge solutions.
MasterMover is fusing best-in-class technologies from industry leaders like BlueBotics with the company's long history of creating effective and dependable load moving devices. For its AGV solutions, the company also collaborates with safety technology experts SICK.
A need for automation is growing in the automotive, healthcare, e-commerce, and foodservice businesses due to the general requirement for good precision. As a result of the pandemic affecting numerous businesses throughout the globe, the AGV industry saw a drop from the previous season.
In most production plants from across world, it resulted inside the shutdown of production plant or the stoppage of production process. Many businesses, including healthcare, e-commerce, and catering services, have adjusted their operations as a result of the new normal.
Seegrid Corporation is a leading mobiliser of the AGV based technology within the European market. The Palion Lift AMRs automate material transportation into and out of warehousing, command posts, and work cells, providing safe and dependable end-to-end implementation of technology for low-lift procedures.
Palion Lift performs in complicated situations across the organisation, reliably and effectively moving goods in dynamic facilities, thanks to superior Smart Path detection capabilities and 360° safety protection. For low-lift operations, achieve safer, more cost-effective vertical mobility.
Toyota Group is part of the component manufacturing trending companies in the current industry. Toyota provides configurable AGV systems and can assist you in making decisions about the companyâs navigating technique, route, transportation planning options, including electrical impulses for locating the AGV.
Companies are capitalizing on their extensive installed base to expand recurring revenue from aftermarket parts and services, equipment leases and consumables.
Software reconfiguration can be provided if the manufacturer is modified. These AGVs also automate routine operations, reducing the likelihood of worker distractions, reduced productivity, increasing attrition.
The US AGV Market can be segmented into following categories for further analysis.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Research Methodology |
| 4 | Executive Summary |
| 5 | Average B2B Price, By Region |
| 6 | 5 key Prediction for US AGV MARKET |
| 7 | Key Drivers and Challenges Shaping the Market |
| 8 | Impact of Emerging Brands and Disruptors |
| 9 | Growth potential and key markets for US AGV MARKET in different regions. |
| 10 | Analysis of the supply chain and manufacturing processes in the industry |
| 11 | Investment opportunities in US AGV MARKET |
| 12 | Technological advancements influencing product development |
| 13 | Consumer insights and preferences in US AGV MARKET |
| 14 | Factors propelling the growth of US AGV MARKET |
| 15 | Analysis of emerging market trends and innovations in US AGV MARKET |
| 16 | Consumer behaviour shifts in response to cultural and societal changes |
| 17 | Investment opportunities in the US AGV MARKET |
| 18 | Understand the current value of the US AGV market and its projected growth trajectory. |
| 19 | Market Size, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Size, Dynamics and Forecast by end operations, 2024-2030 |
| 21 | Market Size, Dynamics and Forecast by type, 2024-2030 |
| 22 | Competitive Landscape |
| 23 | M&A in past 12 months |
| 24 | Growth strategy of leading players |
| 25 | Market share of vendors, 2023 |
| 26 | Company Profiles |
| 27 | Unmet needs and opportunity for new suppliers |
| 28 | Conclusion |
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