Asia Pacific Automated Guided Vehicle (AGV) Market

The report "Asia Pacific Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision) – Forecast to 2032" The Asia Pacific automated guided vehicle (AGV) market is projected to be valued at USD 0.98 billion in 2026 and USD 1.72 billion by 2032, registering a CAGR of 9.9% during the forecast period.

Market drivers include rapid capacity expansion across manufacturing and distribution networks in which companies are strengthening internal material movement in order to support higher volumes and tighter operating cycles. Organizations adopt AGVs to ensure process consistency, reduce manual handling, and manage throughput variability without increasing workforce dependency. Demand is supported by the rapid expansion of new industrial facilities as well as targeted upgrades in existing sites, where scalable AGV systems allow phased implementation without interrupting operations. Suppliers are responding with configurable vehicle platforms, flexible fleet control architectures, and stronger alignment with warehouse and factory systems. Improvements in traffic management, system monitoring, and regional service execution are strengthening uptime and operational control. Continued investment in automation programs, domestic supply chain development, and regional logistics infrastructure is expected to sustain strong AGV market growth across Asia Pacific.

Browse 150 market data Tables and 60 Figures spread through 250 Pages and in-depth TOC on "Asia Pacific Automated Guided Vehicle (AGV) Market by Type (Tow Vehicles, Unit Load Carriers, Pallet Trucks, Assembly Line Vehicles, Forklift Trucks), Navigation Technology (Laser, Magnetic, Inductive, Optical Tape, Vision) – Forecast to 2032"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/asia-pacific-automated-guided-vehicle-agv-market-80607589.html

“Vision guidance segment is projected to grow at a significant CAGR between 2026 and 2032”

The vision guidance segment is expected to grow with a significant CAGR in the Asia Pacific automated guided vehicle (AGV) market during the forecast period as operators seek higher flexibility and faster deployment without physical guidance infrastructure. Cameras and onboard processing enable these vision-guided AGVs to navigate dynamic environments and quickly change layouts or adapt to mixed traffic conditions. This approach minimizes installation time, reduces facility modification, and allows for phased automation of active operations. Improving image processing accuracy, real-time localization, and obstacle recognition is strengthening reliability in dense and high-throughput settings. With companies prioritizing scalable automation that comes with lower setup effort and improved continuity of operations, the adoption of vision guidance technology continues to expand across the region.

“Automotive segment is expected to account for the largest market share in 2032”

The automotive segment is expected to account for the largest share of the Asia Pacific automated guided vehicle (AGV) market in 2032 due to the scale and coordination demands of vehicle production operations. Several AGVs are deployed in automotive plants to support line feeding, body and chassis transfer, powertrain movement, and component sequencing with precision timing. High production volumes and strongly coordinated assembly processes require stable and uninterrupted material flow. AGVs reduce handling errors, help with consistent multi-shift operations, and improve the safety of high-traffic production zones. Increasing platform standardization, together with frequent model updates, is driving the demand for software-configurable AGV systems that can adapt to layout and process changes without disrupting production continuity.

“China is likely to exhibit the highest CAGR in the Asia Pacific automated guided vehicle (AGV) market from 2026 to 2032”

China is expected to grow at the highest rate during the forecast period due to its unmatched scale of industrial activity and concentration of automated facilities. High volumes of internal material movement across large factories and logistics hubs are driving sustained AGV deployment to improve flow control and operational consistency. Rising labor costs in major industrial clusters, combined with workforce availability constraints, are accelerating the shift away from manual handling. Companies are placing a strong emphasis on AGVs to minimize errors in handling, continuous operations, and safety in dense operating environments. Strong domestic manufacturing capacities, rapid facility expansion, and ongoing modernization of existing sites further support the adoption of AGVs. Continued investment in smart production programs and the strengthening of digital operations with supply chains are foreseen to further reinforce the position of China as the largest contributor to the AGV market.

Major companies operating in the Asia Pacific automated guided vehicle (AGV) market include Daifuku Co., Ltd. (Japan), Toyota Industries Corporation (Japan), KUKA (Germany), KION GROUP AG (Germany), and Mitsubishi Logisnext Co., Ltd. (Japan).

Don’t miss out on business opportunities in Asia Pacific Automated Guided Vehicle (AGV) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/