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AGV & AMR in Logistics Market Trends: the global AGV & AMR in Logistics market size is projected to reach USD 8.92 billion by 2031
According to the new market research report “AGV & AMR in Logistics - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global AGV & AMR in Logistics market size is projected to reach USD 8.92 billion by 2031, at a CAGR of 11.5% during the forecast period.
Figure00001. Global AGV & AMR in Logistics Market Size (US$ Million)
Source: QYResearch, "AGV & AMR in Logistics - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
Figure00002. Global AGV & AMR in Logistics Top 22 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)
Source: QYResearch, "AGV & AMR in Logistics - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”
According to QYResearch Top Players Research Center, the global key manufacturers of AGV & AMR in Logistics include Dematic, Geek+, Hikrobot, Daifuku, Kuka (Swisslog), Amazon Robotics, Toyota Industries Corporation, Mitsubishi Logisnext (Rocla), Locus Robotics, Omron, etc. In 2024, the global top 10 players had a share approximately 53.0% in terms of revenue..
In terms of product type, currently Automated Guided Vehicle is the largest segment, hold a share of 64.6%.
In terms of product application, currently Warehousing and Distribution is the largest segment, hold a share of 37.3%.
Market Drivers:
D1: Downstream application drives demand growth. The increasing business of the E-commerce industry across the globe results in the growing adoption of the automated material handling process. Companies such as Amazon, Walmart, Alibaba, etc., are focusing on the automation of the material handling process to reduce the operation cost and increase the inventory size. According to our secondary research, no more than 30% of the facilities have an automated material handling system. Hence, automated material handling has a wide scope and is expected to grow and boost the growth of the global market.
D2: Improvement of technology and industry standards. The increasing automation in the material handling process has enabled the industries to have connected factories equipped with big data, machine learning, etc., resulting in the adoption of automated material handling processes. This aids them in having flexible manufacturing processes, improved quality control, and enhanced labor management.
D3: Policy support. In accordance with the overall deployment of the "14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of the Long-Term Goals for 2035", implement the key tasks of the "14th Five-Year Plan for the Development of the Robot Industry" and accelerate the expansion of robot applications.
About The Authors
Chirs Ma - Main Analyst of this Article
Email: maciqiang@qyresearch.com
Mr. Ma has 9 years of industry research experience, focusing on mechanical equipment, medical beauty and health, semiconductor equipment and other fields. Some of his in-depth research topics include semiconductor etching equipment, hyaluronic acid-based skin fillers, industrial hoses, slip rings, EMS and ODM, Fuel Cell System and Active Vibration Isolation System, etc.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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