Autonomous Ground Vehicles (AGVs) Market Report 2026

The autonomous ground vehicles (agvs) market size has grown rapidly in recent years. It will grow from $5.72 billion in 2025 to $6.41 billion in 2026 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to warehouse automation growth, labor shortage in logistics, adoption of barcode-guided vehicles, manufacturing efficiency needs, safety improvement initiatives.

The autonomous ground vehicles (agvs) market size is expected to see rapid growth in the next few years. It will grow to $10.02 billion in 2030 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to e-commerce fulfillment expansion, ai-driven autonomy advancements, demand for smart factories, logistics automation investments, scalable intralogistics solutions. Major trends in the forecast period include expansion of warehouse automation, adoption of AI-based navigation systems, integration of multi-sensor fusion, growth of flexible material handling, rising demand for safety-optimized vehicles.

The growth of the autonomous ground vehicles (AGVs) market is expected to be driven by the increasing demand within the e-commerce industry. This rising demand is fueled by factors such as cost efficiency, the influence of social media, improved logistics, and shifts in consumer behavior. AGVs are increasingly utilized in the e-commerce sector to optimize logistics and last-mile delivery, enhancing efficiency and reducing operational costs. For example, in August 2024, the U.S. Census Bureau reported that retail e-commerce sales reached $282.3 billion in the second quarter of 2024. This figure represents a 5.3% increase from the first quarter of 2023 and a 6.6% rise from the second quarter of 2023. Thus, the growing e-commerce demand is propelling the AGVs market forward.

Major companies operating in the autonomous ground vehicles (AGVs) market are concentrating on the development of innovative solutions, such as artificial intelligence (AI)-enabled omnidirectional AGVs, to address the growing demand for automation, labor cost reduction, higher throughput, and greater operational flexibility across warehouses, manufacturing facilities, and logistics centers. AI-enabled omnidirectional AGVs are intelligent mobile robots that leverage artificial intelligence and multidirectional movement to navigate complex environments, enabling faster, safer, and more flexible automation for activities such as goods transportation, obstacle avoidance, coordination with other robots, and overall operational efficiency improvement. For instance, in July 2025, Elephant Robotics Technology Co. Ltd., a China-based robotics manufacturing company, introduced the myAGV Pro, an omnidirectional AGV equipped with multi-target environment detection, speech and semantic recognition, and embodied AI capabilities. These features enable not only logistics tasks such as pallet and cargo handling but also adaptable AI-driven applications including environment sensing, task automation, and integration with robotic arm ecosystems. The myAGV Pro is available in configurations such as a Mecanum-wheel base and a vision-navigation base, allowing 360-degree movement and autonomous navigation without fixed floor guides, thereby supporting rapid deployment and high adaptability in dynamic warehouse and smart factory environments.

In August 2023, Oshkosh Corporation, a US-based industrial firm, acquired JBT AeroTech Corporation from John Bean Technologies Corporation for $820 million. This acquisition was a strategic move by Oshkosh to enhance its portfolio by integrating JBT's expertise in autonomous ground vehicles. JBT AeroTech Corporation is a US-based company specializing in automated vehicle solutions.

Major companies operating in the autonomous ground vehicles (agvs) market report include Mitsubishi Group, Toyota Industries Corporation, Murata Machinery Corp, Jungheinrich AG, Daifuku Co. Ltd., Dematic Corp, Rocla Pyt Ltd., Meidensha Corporation, John Bean Technologies(JBT), Bastian Solutions Inc., Swisslog Holding AG, Hyster-Yale Materials Handling Inc., Seegrid Corporation, Egemin Automation Inc., KMH Fleet Solutions LLC, Aethon Inc., BALYO SA, E&K Automation Gmbh, ELETTRIC80 S.P.A., Align Production Systems LLC, Corecon Inc., Savant Automation Inc., Transbotics Inc.

North America was the largest region in the autonomous ground vehicles (AGVs) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous ground vehicles (agvs) market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the autonomous ground vehicles (agvs) market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The autonomous ground vehicles (AGVs) market consists of sales of automated guided carts, unit load AGVs, automated forklift AGVs, towing AGVs, and tugger AGVs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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