Product Code: ETC257341 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
USA Automated Guided Vehicle market currently, in 2023, has witnessed an HHI of 1601, Which has decreased slightly as compared to the HHI of 1721 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States Automated Guided Vehicle (AGV) market is witnessing significant growth driven by the increasing demand for automation in various industries such as manufacturing, healthcare, and logistics. AGVs are being increasingly adopted to streamline material handling processes, improve operational efficiency, and reduce labor costs. The market is also benefiting from advancements in technology, such as the integration of Artificial Intelligence (AI) and Internet of Things (IoT) capabilities in AGVs, enhancing their navigation and decision-making abilities. Key players in the US AGV market include Dematic, Daifuku, Seegrid, and Vecna Robotics, among others. With the ongoing trend of Industry 4.0 and the emphasis on smart manufacturing, the US AGV market is poised for continued growth in the coming years.
In the United States Automated Guided Vehicle (AGV) market, several key trends are emerging. One prominent trend is the increasing adoption of AGVs in various industries such as manufacturing, e-commerce, and healthcare to improve operational efficiency and productivity. Another trend is the integration of advanced technologies like artificial intelligence, machine learning, and Internet of Things (IoT) in AGVs to enhance their capabilities and enable autonomous operation. Additionally, there is a growing demand for flexible and scalable AGV solutions that can easily adapt to changing production environments and requirements. Furthermore, the emphasis on safety features and collision avoidance systems is gaining importance as companies prioritize worker safety and minimize risks in AGV operations. Overall, the US AGV market is witnessing rapid growth driven by technological advancements and the need for streamlined and efficient intralogistics solutions.
In the US Automated Guided Vehicle (AGV) market, several challenges are encountered. These include high initial investment costs for implementing AGV systems, especially for small and medium-sized enterprises. Integration of AGVs with existing infrastructure and systems can also be complex and time-consuming, leading to operational disruptions during the transition phase. Furthermore, concerns around data security and safety regulations pose additional obstacles for widespread adoption of AGVs in various industries. Lastly, the need for skilled technicians to maintain and troubleshoot AGV systems remains a challenge, as the technology continues to evolve rapidly. Overcoming these challenges will be crucial for the US AGV market to realize its full potential and drive efficiency and productivity across different sectors.
The US Automated Guided Vehicle (AGV) market offers promising investment opportunities due to the increasing adoption of automation in various industries such as manufacturing, logistics, and healthcare. AGVs are being used to optimize material handling processes, improve efficiency, and reduce operational costs. Key growth drivers include the need for warehouse automation, rising demand for just-in-time delivery, and advancements in technologies like artificial intelligence and Internet of Things. Investors can consider opportunities in AGV manufacturers, software developers, and service providers catering to the growing demand for automation solutions. Additionally, the potential for integration with other emerging technologies like robotics and autonomous vehicles further enhances the attractiveness of investing in the US AGV market.
The United States government has implemented various policies and initiatives to support the growth of the Automated Guided Vehicle (AGV) market. These include tax incentives for businesses investing in automation technologies like AGVs, funding opportunities for research and development in autonomous systems, and regulatory frameworks to ensure the safety and efficiency of AGV operations. Additionally, the government has been promoting collaboration between industry stakeholders and academic institutions to drive innovation in AGV technology and address workforce training needs. These policies aim to enhance the competitiveness of US businesses in the global AGV market, foster job creation in the automation sector, and facilitate the integration of AGVs into various industries for increased efficiency and productivity.
The United States Automated Guided Vehicle (AGV) market is poised for significant growth in the coming years due to the increasing need for automation and efficiency in various industries such as manufacturing, logistics, and healthcare. Factors driving this growth include the rising demand for material handling solutions, the integration of Industry 4.0 technologies, and the focus on enhancing supply chain operations. The adoption of AGVs offers benefits such as improved safety, reduced operational costs, and enhanced productivity. As companies seek to streamline their processes and adapt to changing market dynamics, the US AGV market is expected to witness a steady expansion, with a growing emphasis on customization and advanced navigation technologies to meet diverse industry requirements.
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 United States (US) Automated Guided Vehicle Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Automated Guided Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Automated Guided Vehicle Market - Industry Life Cycle |
3.4 United States (US) Automated Guided Vehicle Market - Porter's Five Forces |
3.5 United States (US) Automated Guided Vehicle Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 United States (US) Automated Guided Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 United States (US) Automated Guided Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 United States (US) Automated Guided Vehicle Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 United States (US) Automated Guided Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and robotics in various industries |
4.2.2 Rising labor costs and shortage of skilled workforce |
4.2.3 Growing need for efficient and flexible material handling solutions |
4.3 Market Restraints |
4.3.1 High initial investment and implementation costs |
4.3.2 Concerns about integration with existing systems and processes |
4.3.3 Limited awareness and understanding of AGV technology among potential users |
5 United States (US) Automated Guided Vehicle Market Trends |
6 United States (US) Automated Guided Vehicle Market, By Types |
6.1 United States (US) Automated Guided Vehicle Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Technology Type, 2021-2031F |
6.1.3 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Laser Guidance, 2021-2031F |
6.1.4 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Magnetic Guidance, 2021-2031F |
6.1.5 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Infrared Guidance, 2021-2031F |
6.1.6 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Wire Guidance, 2021-2031F |
6.1.7 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Inertial Guided, 2021-2031F |
6.1.8 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Optical Guided, 2021-2031F |
6.2 United States (US) Automated Guided Vehicle Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.3 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Distribution, 2021-2031F |
6.2.4 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Storage, 2021-2031F |
6.3 United States (US) Automated Guided Vehicle Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Unit Load Carrier, 2021-2031F |
6.3.3 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Pallet Truck, 2021-2031F |
6.3.4 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Assembly Line Vehicle, 2021-2031F |
6.3.5 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Tow Vehicle, 2021-2031F |
6.3.6 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Forklift Truck, 2021-2031F |
6.3.7 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Light Load Transporters, 2021-2031F |
6.4 United States (US) Automated Guided Vehicle Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Logistics, 2021-2031F |
6.4.3 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.4 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.7 United States (US) Automated Guided Vehicle Market Revenues & Volume, By Aerospace, 2021-2031F |
7 United States (US) Automated Guided Vehicle Market Import-Export Trade Statistics |
7.1 United States (US) Automated Guided Vehicle Market Export to Major Countries |
7.2 United States (US) Automated Guided Vehicle Market Imports from Major Countries |
8 United States (US) Automated Guided Vehicle Market Key Performance Indicators |
8.1 Average number of AGVs deployed per industry sector |
8.2 Percentage increase in AGV adoption rate year over year |
8.3 Average time saved in material handling processes with AGV implementation |
9 United States (US) Automated Guided Vehicle Market - Opportunity Assessment |
9.1 United States (US) Automated Guided Vehicle Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 United States (US) Automated Guided Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.3 United States (US) Automated Guided Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 United States (US) Automated Guided Vehicle Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 United States (US) Automated Guided Vehicle Market - Competitive Landscape |
10.1 United States (US) Automated Guided Vehicle Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Automated Guided Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |