AGV-AMR Market Size | Industry Trends [2034]

AGV-AMR MARKET OVERVIEW

The global AGV-AMR (Automated Guided Vehicle and Autonomous Mobile Robot) market size was valued at approximately USD 12.83 Billion in 2025 and is projected to reach USD 27.68 Billion by 2034, growing at a compound annual growth rate (CAGR) of 8.92% from 2025 to 2034.

Automated Guided Vehicles, or AGVs, and Autonomous Mobile Robots, known as AMRs, play a crucial role in logistics, manufacturing, and warehouse automation. These systems move goods and materials around without needing human help. AGVs stick to fixed paths, using tracks or markers to guide them. On the other hand, AMRs use high-tech sensors, cameras, and AI to find their way in ever-changing surroundings, making decisions on their own. The growing need for automation in industries like cars, online shopping, and production is boosting the use of AGVs and AMRs. They help businesses work more smoothly and cut down on labor costs.

IMPACT OF KEY GLOBAL EVENTS

“Environmental Sustainability Movements and AGVs/AMRs”

The global drive for sustainability and lower carbon emissions has fueled the rise of AGVs and AMRs. These robots are electric and more energy-efficient than traditional vehicles. They offer a greener option for industries aiming to minimize environmental harm. Firms face stricter environmental rules and sustainability targets. Adopting AGVs and AMRs is a strategic choice for them. These robots cut emissions by reducing the need for fossil-fuel vehicles. They also support greener supply chains by optimizing resources and cutting waste.

LATEST TREND

”The Evolution of AGVs and AMRs in Industry 4.0”

AGVs and AMRs are part of Industry 4.0 now. They help smart factories with automation, linking up machines and sharing data. These robots are important for digitizing and automating supply chains, warehousing, and manufacturing. They use sensors, machine learning, and real-time data. IoT and AI make them better, letting them talk to other machines. Many industries are using these flexible, scalable robots. This shows how much people want efficiency, cost savings, and fast market responses.

AGV-AMR MARKET SEGMENTATION

By Type

Based on Type, the global market can be categorized into Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs).

Automated Guided Vehicles (AGVs): AGVs are robots that move things inside a building. They follow set paths using magnets or lasers. These robots often work in factories and warehouses. They help move materials around. The demand for AGVs is growing. Companies want to cut labor costs and work better. But AGVs are not as flexible as AMRs. They use fixed guides, so they can't change easily in new settings.
Autonomous Mobile Robots (AMRs): AMRs are robots that move by themselves. They use sensors, cameras, and AI. Unlike AGVs, AMRs don't need set paths. They can change direction easily. More businesses want AMRs now. E-commerce and retail love them. They can handle tough places. But AMRs cost more because they are high-tech.

By Application

Based on application, the global market can be categorized into Warehousing, Manufacturing, Logistics, Retail, E-commerce, and Others.

Warehousing: In warehouses, AGVs and AMRs do jobs like counting stock, moving things, and picking orders. This part of the market helps automate logistics. Businesses want to work better and use less people. E-commerce is growing, too. It makes warehouses need more automation. This boosts the market even more.
Manufacturing: Factories use AGVs and AMRs a lot. They move materials, automate lines, and distribute parts. These robots cut down production time. They make factories work faster and safer. They need less human help in dangerous places. As factories get smarter, these robots will be in more demand.
Logistics: AGVs and AMRs are used more in logistics. They sort packages, load and unload, and move things in centers. Logistics wants automation for faster, better service. AMRs are good at this because they are efficient and flexible. This helps the market grow steadily.
Retail: Retailers use AGVs and AMRs to manage stock, restock, and serve customers. In big stores and warehouses, robots do this job. They make fewer mistakes and work faster. Retailers like automation for digital changes. This helps meet customer needs.
E-commerce: E-commerce grew, needing more automation in centers. AGVs and AMRs help speed up and make picking, sorting, and shipping right. Faster delivery is important now. E-commerce drives the growth of AGVs and AMRs.
Others: This group has healthcare, drugs, food, and aerospace. AGVs and AMRs help move things, deliver in hospitals, and package food. These areas use automation to work better and make fewer mistakes. This grows the market.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

”The Shift Towards Automation in Industries”

The AGV and AMR market is growing due to a need for efficiency and cost cuts. Many industries now use automation to speed up work and cut down on mistakes. AGVs and AMRs help businesses boost output by doing jobs like moving materials without needing much human help. With global competition getting tougher, firms want automation to stay ahead, especially in warehousing, logistics, and manufacturing. The pandemic has also made workplaces safer by using AGVs and AMRs. They do risky jobs, helping the market expand further.

Restraining Factor

”High Initial Investment and Integration Costs”

A big problem for the AGV and AMR market is the high start-up cost. This includes buying, connecting, and keeping the systems going. Automation saves labor and makes work more efficient, but small and medium-sized enterprises may think the initial investment is too much. Also, putting AGVs and AMRs into current setups needs big changes, like new navigation or layout adjustments. These extra costs can stop companies with tight budgets from using these technologies widely.

Opportunity

”Expansion in E-Commerce and Retail Sectors”

E-commerce is growing fast, giving a big chance to AGVs and AMRs. People want orders quickly and accurately, so these automation tools are important in warehouses and distribution centers. E-commerce firms use AGVs and AMRs to speed up inventory, picking, and packaging. Shoppers buy from many platforms, needing efficient logistics and distribution. This makes automation more needed. Faster delivery demands mean AGVs and AMRs will keep improving e-commerce fulfillment.

Challenge

”Technological Limitations and Integration Complexities”

AGVs and AMRs have made quick tech strides, but they still face limits and integration problems. They count on sensors, machine learning, and AI to guide them. These need to be dead-on for smooth running. Yet, tiny navigation blunders in tricky setups can throw a wrench in operations. Mixing these robots into current systems is another hurdle, particularly in old plants with ancient gear. Clearing these tech obstacles and blending them seamlessly across sectors is key for broader use.

AGV-AMR MARKET REGIONAL INSIGHTS

North America

The AGV and AMR market in North America is booming because industries like manufacturing, warehousing, and logistics want more automation. Firms there are keen on boosting efficiency and cutting labor costs, pushing AGVs and AMRs into various sectors. Big e-commerce players and manufacturing hubs are making automation a must to meet fast, precise order demands. Plus, the region's strong tech setup helps integrate advanced robots. The U.S. and Canada lead, using them widely in cars, healthcare, and retail. Yet, small businesses struggle with the high upfront cost, slowing AGV and AMR use in some spots.

Europe

Europe tops the list for AGV and AMR markets, backed by its solid industrial base and automation push. Firms there are pouring money into smart manufacturing and Industry 4.0, making AGVs and AMRs key for efficiency and sustainability. Germany, the U.K., and France lead, with big auto and manufacturing firms using automation to speed up lines and cut costs. Logistics and warehousing also use AGVs and AMRs for quicker, reliable deliveries, especially in e-commerce. Europe leads in green solutions, making AGVs and AMRs appealing for their energy savings and low carbon impact. Strict labor laws and worker safety focus also boost automation across sectors.

Asia

Asia is the AGV and AMR market's fastest grower, thanks to rapid industrialization, urbanization, and automation demands. China, Japan, and South Korea lead, using AGVs and AMRs in manufacturing, logistics, and retail for better efficiency and stronger supply chains. Electronics, cars, and consumer goods manufacturing drive up automation needs. Plus, China's Industry 4.0 and smart factory ideas push AGV and AMR use. E-commerce and fast delivery in crowded areas also help adoption. Yet, high start-up costs and tech limits in some nations could slow things down in smaller or developing Asian markets.

KEY INDUSTRY PLAYERS

”Competitive Landscape of the AGV-AMR Market”

The AGV and AMR market is fiercely competitive, with various players vying for innovation and top spot. Firms worldwide are developing top-notch automation tech to meet the rising need for flexible, efficient, and scalable robots. Major players splash cash on R&D to boost AGV and AMR skills, like better navigation, autonomy, and system integration. Partnerships, mergers, and takeovers are common as companies aim to improve products and broaden reach. With automation key in warehousing, manufacturing, and logistics, firms are expanding geographically to grab new opportunities, especially in fast-growing industrial regions.

List of Top AGV-AMR Market Companies

Daifuku Co., Ltd. (Japan)
JBT Corporation (USA)
KION Group AG (Germany)
Toyota Industries Corporation (Japan)
Seegrid Corporation (USA)
Clearpath Robotics (Canada)
Omron Corporation (Japan)
Dematic (USA)
Mobile Industrial Robots (Denmark)
KUKA AG (Germany)

KEY INDUSTRY DEVELOPMENTS

January 2021: KION Group established a successful partnership with Quicktron, launching the first Linde Material Handling Autonomous Mobile Robot M60 integrated with Quicktron technology.

December 2021: JBT AeroTech announced a partnership with Swisslog to develop and manufacture advanced Automated Guided Vehicles (AGVs) for global hospitals, while also opening a new factory in Kunshan, China.

October 2023: Daifuku opened an Airport Systems and AGV Innovation Center to showcase airport systems and Automated Guided Vehicles (AGVs).

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The AGV and AMR market is growing fast. Industries worldwide are using automation more and more. They want flexible, cheap, and efficient solutions. This is making AGVs and AMRs popular in many areas like manufacturing, warehousing, logistics, and e-commerce. Firms want to boost productivity, cut labor costs, and stay safe. So, the market will keep growing. Tech advances are key to making this happen.

In the future, the AGV and AMR market will make big strides in AI, machine learning, and connectivity. These tech tools will push the market forward. Robots will do harder jobs and work well in factories. Supply chains are growing worldwide, and people want faster, better operations. So, the AGV and AMR market will keep changing. New players will join, and the industry will keep coming up with new ideas.