Ireland
Argentina 
Australia 
Austria 
Brazil 
Canada 
Germany 
Italy 
Malaysia 
Mexico 
New Zealand 
Poland 
South Africa 
United Kingdom 
United States Automated Guided Vehicle
The automated guided vehicle (AGV) market is experiencing significant growth and is expected to reach a value of USD 4.11 billion by 2030, with a compound annual growth rate (CAGR) of 9.6%. AGVs are autonomous vehicles that are used to transport materials or goods in various industries, such as manufacturing, logistics, and healthcare.
According to a market research study published by Contrive Datum Insights, the European region dominated the AGV market in 2021, accounting for over 31% of the market share. This can be attributed to the increasing adoption of AGVs in industries such as automotive and e-commerce. AGVs offer several benefits, including improved efficiency, reduced labor costs, and enhanced safety.
As the demand for automation continues to rise, the AGV market is expected to witness further growth in the coming years. The key players in the market are focusing on technological advancements and product innovations to stay competitive. With the increasing need for efficient material handling and transportation solutions, the adoption of AGVs is likely to increase across various industries, driving the growth of the market.
