+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Compact AGV Market - Global Forecast 2025-2032

  • PDF Icon

    Report

  • 198 Pages
  • November 2025
  • Region: Global
  • 360iResearch™
  • ID: 6014483
UP TO OFF until Jan 01st 2026
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Compact AGVs are becoming integral to digital transformation initiatives and the modernization of industrial and logistics workflows. For senior leaders, identifying future-ready automation solutions is central to maintaining operational resilience and supporting scalable, consistent performance.

Market Snapshot: Compact AGV Market Size and Trajectory

The compact Autonomous Guided Vehicle (AGV) market is currently valued at USD 1.19 billion, with expectations to reach USD 1.30 billion within a year and surpass USD 2.32 billion by 2032. This reflects a compound annual growth rate (CAGR) of 8.68%, propelled by the advance of supply chain automation and the demand for digitalization within industrial settings. Organizations across manufacturing, logistics, and services sectors are implementing compact AGVs to rapidly respond to shifting operational requirements, unlock additional capacity from existing facilities, and improve workflow efficiency. With evolving competitive landscapes and increasing operational complexity, decision-makers are seeking AGV-driven solutions that can adapt to frequent process changes.

Scope & Segmentation Analysis

  • Type: Assembly line robots automate repetitive production tasks for increased throughput. Forklift AGVs provide reliable pallet movement, ideal for mixed-speed operations. Towing vehicles enable flexible goods transfer across sites, while unit load carriers enhance delivery consistency.
  • Navigation Technology: Inductive and magnetic navigation deliver precise movement along fixed paths, supporting safety and predictability. Laser-based and vision-enabled systems adapt to layout changes and support responsive route adjustments in dynamic environments.
  • Load Capacity: Compact, maneuverable AGVs operate efficiently in constrained spaces. Medium-capacity vehicles address broader throughput requirements. Heavy-duty platforms handle higher-load scenarios, supporting workflow continuity during fluctuating demand.
  • Application: Compact AGVs drive assembly line flexibility in automotive, streamline material handling in healthcare, accelerate picking and order fulfillment in warehousing, and minimize manual intervention in retail operations.
  • End User: Automotive leaders leverage AGVs to optimize production flows. E-commerce firms deploy AGVs for agile order fulfillment. Food and beverage producers rely on automated material tracking, while logistics operators reinforce supply chain resilience through scalable automation.
  • Regional Coverage: Growth is observed in North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. Each region presents unique regulatory environments, technology adoption rates, and investment priorities, shaping how and when AGVs are implemented.
  • Key Companies Analyzed: Companies such as Daifuku Co., Ltd., Murata Machinery, Ltd., KION Group AG, Toyota Industries Corporation, Jungheinrich AG, Mitsubishi Logisnext Co., Ltd., KUKA Aktiengesellschaft, JBT Corporation, GEA Group Aktiengesellschaft, and Omron Corporation are actively contributing to innovation and advancements in the compact AGV sector.

Key Takeaways for Senior Decision-Makers

  • Compact AGVs offer significant flexibility, allowing facilities to reconfigure layouts swiftly in response to changes in business models or market demand.
  • The integration of AGV fleets reduces manual labor needs and allows more strategic use of valuable production or warehouse floor space, supporting safer operations and higher-value processes.
  • Innovations in AGV safety and navigation lower maintenance requirements, which helps minimize unexpected downtimes and mitigate workflow disruptions.
  • Centrally managed AGV operations empower organizations to standardize processes across multiple locations and adapt to operational changes in real time, facilitating compliance and efficient resource allocation.
  • Sustainability goals can be more readily achieved through AGV deployment by improving resource efficiency, supporting greener operations, and ensuring compliance with evolving regulatory mandates.

Tariff Impact on AGV Value Chains

Shifts in U.S. tariff policies have led AGV manufacturers to diversify supplier relationships and position production closer to primary demand centers. These adjustments increase supply chain visibility and stability, enabling organizations relying on AGVs to maintain procurement certainty despite global trade shifts.

Methodology & Data Sources

This assessment draws from structured interviews with more than fifty industry experts, supplemented by targeted regional case studies and comprehensive secondary research. All findings are aligned with senior management practices and strategic decision-making priorities.

Why This Report Matters

  • Delivers tailored intelligence, supporting investment planning and the development of effective automation strategies within logistics and material handling environments.
  • Granular analysis of key segments and technologies assists organizations in benchmarking needs and identifying pathways for sustainable automation adoption.
  • Provides actionable insights and peer comparison data, helping enterprises accelerate digital transformation across their supply chain functions.

Conclusion

Compact AGVs support the next generation of adaptable supply chain models. This report enables leaders to chart robust automation initiatives, drive efficiency gains, and build lasting agility amid industry transformation.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Integration of LiDAR and advanced sensor fusion technologies for obstacle detection in compact AGVs in warehouse automation
5.2. Adoption of AI-driven path optimization and dynamic routing solutions to enhance efficiency and throughput in high-density compact AGV operations
5.3. Development of collaborative compact AGVs with advanced safety features for seamless human-robot interaction in flexible manufacturing cells
5.4. Implementation of 5G connectivity and edge computing to enable real-time fleet management and predictive maintenance for compact AGVs in smart factories
5.5. Emergence of modular compact AGV platforms with interchangeable payload modules for versatile deployment across multiple industry verticals
5.6. Integration of vision-based localization and SLAM algorithms to improve autonomous navigation precision in cluttered and changing compact AGV environments
5.7. Rising demand for cloud-based AGV fleet orchestration and analytics platforms to provide centralized monitoring and performance insights for compact AGV deployments
5.8. Expansion of battery-swapping systems and high-capacity solid-state batteries to extend operational runtime and reduce downtime for compact AGVs
5.9. Development of low-profile compact AGVs for efficient material transport in narrow aisle and mezzanine storage systems with limited clearance
5.10. Increasing adoption of eco-friendly compact AGVs powered by hydrogen fuel cells to achieve zero emissions and comply with sustainability targets in warehousing operations
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Compact AGV Market, by Type
8.1. Assembly Line
8.2. Forklift
8.3. Towing
8.4. Unit Load
9. Compact AGV Market, by Navigation Technology
9.1. Inductive
9.2. Laser
9.3. Magnetic
9.4. Vision
9.4.1. 2D Vision
9.4.2. Stereo Vision
10. Compact AGV Market, by Load Capacity
10.1. 500 To 1000Kg
10.2. Above 1000Kg
10.3. Below 500Kg
11. Compact AGV Market, by Application
11.1. Automotive
11.2. Healthcare
11.3. Manufacturing
11.4. Retail
11.5. Warehousing
11.5.1. Finished Goods
11.5.2. Raw Material
12. Compact AGV Market, by End User
12.1. Automotive Manufacturing
12.2. E Commerce
12.3. Food and Beverage
12.4. Logistics
13. Compact AGV Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific
14. Compact AGV Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO
15. Compact AGV Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea
16. Competitive Landscape
16.1. Market Share Analysis, 2024
16.2. FPNV Positioning Matrix, 2024
16.3. Competitive Analysis
16.3.1. Daifuku Co., Ltd.
16.3.2. Murata Machinery, Ltd.
16.3.3. KION Group AG
16.3.4. Toyota Industries Corporation
16.3.5. Jungheinrich AG
16.3.6. Mitsubishi Logisnext Co., Ltd.
16.3.7. KUKA Aktiengesellschaft
16.3.8. JBT Corporation
16.3.9. GEA Group Aktiengesellschaft
16.3.10. Omron Corporation

Companies Mentioned

The companies profiled in this Compact AGV market report include:
  • Daifuku Co., Ltd.
  • Murata Machinery, Ltd.
  • KION Group AG
  • Toyota Industries Corporation
  • Jungheinrich AG
  • Mitsubishi Logisnext Co., Ltd.
  • KUKA Aktiengesellschaft
  • JBT Corporation
  • GEA Group Aktiengesellschaft
  • Omron Corporation

Table Information