| Product Code: ETC5107771 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s automated guided vehicle import shipments in 2024 have seen significant growth, with a high Herfindahl-Hirschman Index indicating market concentration. The top exporting countries, including the USA, Trinidad and Tobago, Metropolitan France, Puerto Rico, and the UK, have contributed to this growth. The impressive CAGR of 32.23% from 2020 to 2024 highlights a thriving market, while the remarkable growth rate of 238.65% from 2023 to 2024 suggests accelerating momentum in automated guided vehicle imports to Grenada.
By 2027, the Automated Guided Vehicle market in Grenada is anticipated to reach a growth rate of 1.95%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Automated Guided Vehicle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automated Guided Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automated Guided Vehicle Market - Industry Life Cycle |
3.4 Grenada Automated Guided Vehicle Market - Porter's Five Forces |
3.5 Grenada Automated Guided Vehicle Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Grenada Automated Guided Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Grenada Automated Guided Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Grenada Automated Guided Vehicle Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Automated Guided Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation in manufacturing and logistics industries |
4.2.2 Growing focus on enhancing efficiency and reducing operational costs |
4.2.3 Technological advancements in AGV systems |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing AGV systems |
4.3.2 Concerns regarding the reliability and safety of AGVs |
4.3.3 Limited awareness and understanding of AGV technology among potential users |
5 Grenada Automated Guided Vehicle Market Trends |
6 Grenada Automated Guided Vehicle Market Segmentations |
6.1 Grenada Automated Guided Vehicle Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automated Guided Vehicle Market Revenues & Volume, By Laser Guidance, 2021-2031F |
6.1.3 Grenada Automated Guided Vehicle Market Revenues & Volume, By Magnetic Guidance, 2021-2031F |
6.1.4 Grenada Automated Guided Vehicle Market Revenues & Volume, By Infrared Guidance, 2021-2031F |
6.1.5 Grenada Automated Guided Vehicle Market Revenues & Volume, By Wire Guidance, 2021-2031F |
6.1.6 Grenada Automated Guided Vehicle Market Revenues & Volume, By Inertial Guided, 2021-2031F |
6.1.7 Grenada Automated Guided Vehicle Market Revenues & Volume, By Optical Guided, 2021-2031F |
6.2 Grenada Automated Guided Vehicle Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automated Guided Vehicle Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 Grenada Automated Guided Vehicle Market Revenues & Volume, By Distribution, 2021-2031F |
6.2.4 Grenada Automated Guided Vehicle Market Revenues & Volume, By Storage, 2021-2031F |
6.3 Grenada Automated Guided Vehicle Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Automated Guided Vehicle Market Revenues & Volume, By Unit Load Carrier, 2021-2031F |
6.3.3 Grenada Automated Guided Vehicle Market Revenues & Volume, By Pallet Truck, 2021-2031F |
6.3.4 Grenada Automated Guided Vehicle Market Revenues & Volume, By Assembly Line Vehicle, 2021-2031F |
6.3.5 Grenada Automated Guided Vehicle Market Revenues & Volume, By Tow Vehicle, 2021-2031F |
6.3.6 Grenada Automated Guided Vehicle Market Revenues & Volume, By Forklift Truck, 2021-2031F |
6.3.7 Grenada Automated Guided Vehicle Market Revenues & Volume, By Light Load Transporters, 2021-2031F |
6.4 Grenada Automated Guided Vehicle Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Automated Guided Vehicle Market Revenues & Volume, By Logistics, 2021-2031F |
6.4.3 Grenada Automated Guided Vehicle Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.4 Grenada Automated Guided Vehicle Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Grenada Automated Guided Vehicle Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 Grenada Automated Guided Vehicle Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.7 Grenada Automated Guided Vehicle Market Revenues & Volume, By Aerospace, 2021-2031F |
7 Grenada Automated Guided Vehicle Market Import-Export Trade Statistics |
7.1 Grenada Automated Guided Vehicle Market Export to Major Countries |
7.2 Grenada Automated Guided Vehicle Market Imports from Major Countries |
8 Grenada Automated Guided Vehicle Market Key Performance Indicators |
8.1 Average time saved per task through AGV implementation |
8.2 Percentage increase in productivity after AGV adoption |
8.3 Reduction in error rates in material handling processes |
8.4 Percentage decrease in operational downtime due to AGV utilization |
8.5 Improvement in inventory accuracy levels |
9 Grenada Automated Guided Vehicle Market - Opportunity Assessment |
9.1 Grenada Automated Guided Vehicle Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Grenada Automated Guided Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 Grenada Automated Guided Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Grenada Automated Guided Vehicle Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Automated Guided Vehicle Market - Competitive Landscape |
10.1 Grenada Automated Guided Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automated Guided Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |