Automated Guided Vehicles (AGV) Market

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Automated Guided Vehicles (AGV)Market

• The automated guided vehicles (AGV) market was
  valued at US 3,310.8 million in 2020 and is
  projected to reach US 9,077.3 million by 2028
  it expected to grow at a CAGR of 14.59 during
  20212028.
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Market InsightsAutomated Guided Vehicles (AGV)
MarketGrowing Demand for Automation in
Material Handling Across Industries

• The adoption of automated guided vehicle (AGVs)
  has increased
• drastically as they are effective and reliable
  solutions for material handling,
• which, in turn, increases the production
  capacity of the industry.
• These material handling solutions reduce physical
  damages to goods
• and boost the efficiency of operations

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Strategic Insights
Report Coverage Details
Market Size Value in US 3,310.8 Million in 2020
Market Size Value by US 9,077.3 Million by 2028
Growth rate CAGR of 14.59 from 2021-2028
Forecast Period 2021-2028
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Company Profiles

• Balyo SA
• Bastian Solutions, Inc.
• Daifuku Co., Ltd.
• Dematic Group
• Hyster-Yale Group, Inc.
• SSI SCHAEFER Group
• Konecranes Oyj
• Kuka AG
• Lodamaster Group

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