Automated Guided Vehicle (AGV) Fleet Management Platform Market Size, Share, Growth Report 2032

Automated Guided Vehicle (AGV) Fleet Management Platform Market: Size

The global Automated Guided Vehicle (AGV) Fleet Management Platform market size was worth around USD 2.37 billion in 2023 and is predicted to grow to around USD 5.53 billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.9% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Automated Guided Vehicle (AGV) Fleet Management Platform market on a global and regional level.

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Automated Guided Vehicle (AGV) Fleet Management Platform Market: Overview

Automated guided vehicle (AGV) systems automate workflows by executing and managing transportation tasks based on flexible and optimized strategies. They are set up with advanced vehicle fleet management software to offer maximum operational efficiency across numerous industries apart from being responsible for fleet management, traffic, and other logistics functions.

The increasing demand for automation in material handling across the fleet to increase operational efficiency and reduce downtime is one of the drivers boosting the growth of the automated guided vehicle (AGV) fleet management platform market. They are consistently used to transport bulk materials to different places. Moreover, they are majorly used to transport high volumes of material without involving any human decision-making to perform the task. 

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Automated Guided Vehicle (AGV) Fleet Management Platform Market: Segmentation

The study provides a crucial view of the automated guided vehicle (AGV) fleet management platform market based on vehicle type, technology, application, vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By vehicle type, the automated guided vehicle (AGV) fleet management platform market is segmented into unit load carriers, forklift truck, hybrid, tow vehicles, pallet truck, and others. Tow vehicles are anticipated to hold the highest market share, whereas forklift trucks are expected to grow rapidly in the upcoming years.

By technology, the automated guided vehicle (AGV) fleet management platform market includes laser guidance, magnetic guidance, natural navigation, vision-guided, and others.

By application, automated guided vehicle (AGV) fleet management platform market includes logistics, warehousing, assembly, packaging, and others.

By vertical, the market includes automotive, aerospace, healthcare, retail, manufacturing, food & beverage, and others.

Automated Guided Vehicle (AGV) Fleet Management Platform Market: Report Scope

Automated Guided Vehicle (AGV) Fleet Management Platform Market: Regional Analysis

The regional segmentation comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe with further bifurcation into the U.S., Canada, Mexico, UK, France, Germany, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Argentina, UAE, Saudi Arabia, and South Africa. 

By region, North America is expected to show considerable market growth in the future, owing to the presence of developed economies, such as Canada and the U.S. The U.S. is projected to make significant contributions to the rise of AVG fleet management platform market in the North American region, due to the flourishing U.S. retail sector. The European automated guided vehicle (AGV) fleet management platform market is driven by the increasing exports from the automotive sector.

Automated Guided Vehicle (AGV) Fleet Management Platform Market: Competitive Players

Some key players of the global automated guided vehicle (AGV) fleet management platform market include:

• Bastian Solutions Inc.
• ASTI
• Transbotics
• A Scott Company
• BA SYSTEMES SAS
• Daifuku
• Dematic
• SSI Schaefer
• KMH Systems
• Konecranes
• Oceaneering International
• Pengate Handling Systems
• WEWO Europe
• Seegrid Corporation
• Comau
• Crown Equipment Corporation
• Toyota Industries Corporation

This report segments the global automated guided vehicle (AGV) fleet management platform market into:

Global Automated Guided Vehicle (AGV) Fleet Management Platform Market: By Vehicle Type

• Unit Load Carrier
• Forklift Truck
• Hybrid
• Tow Vehicle
• Pallet Truck
• Others

Global Automated Guided Vehicle (AGV) Fleet Management Platform Market: By Technology

• Laser Guidance
• Magnetic Guidance
• Natural Navigation
• Vision Guided
• Others

Global Automated Guided Vehicle (AGV) Fleet Management Platform Market: By Application

• Logistics 
• Warehousing
• Assembly
• Packaging
• Others

Global Automated Guided Vehicle (AGV) Fleet Management Platform Market: By Vertical

• Automotive
• Aerospace
• Healthcare
• Retail
• Manufacturing
• Food and Beverage
• Others

Global Automated Guided Vehicle (AGV) Fleet Management Platform Market: By Regional

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa