The global automated guided cart (AGC) market is expected to reach a valuation of US$ 208.7 million in 2022 and grow at a CAGR of 8.3%, reaching US$ 462.7 million by 2032.

At the close of 2021, sales of AGCs represented over 6% of the global automated guided vehicle market. This growth highlights the increasing adoption of AGCs in various industries due to their efficiency in material handling and logistics operations.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7607

Country-wise Insights

The United States automated guided cart (AGC) market is currently valued at US$ 37.1 million and is projected to reach US$ 103.5 million by 2032.

The U.S. leads the market, driven by substantial investments in the retail and e-commerce sectors, which are boosting the adoption of AGCs. The growing shift toward industrial automation is improving operational efficiency in manufacturing and processing industries.

In addition to the rapid expansion of the retail and e-commerce sectors, the increasing demand for warehouse storage is a key factor driving market growth in the U.S.

In 2019, approximately 29,500 AGV systems were deployed in North America, with automated guided vehicle systems being widely used in logistics and warehousing.

Given its robust economy, thriving e-commerce industry, and the presence of numerous market players, the United States holds significant growth potential for automated guided cart sales in the coming years.

Category-wise Insights

Major industrial sectors are increasingly integrating their supply chain logistics and warehousing into connected networks. To enhance operational efficiency, end users are adopting automated systems, with automated guided vehicles (AGVs) playing a crucial role in these transformations.

Logistics and warehousing involve the high-volume movement of goods and the management of micro-moments across facilities. The adoption of automated guided carts (AGCs) in these operations has seen substantial growth, with a CAGR of 9.7%. By 2022, the AGC market in logistics and warehousing is expected to reach a valuation of US$ 38.3 million.

Read More: https://www.factmr.com/report/automated-guided-cart-market

Competitive Landscape

Key players in the automated guided cart (AGC) market include Addverb Technologies Private Limited, America in Motion (AIM), Asti Mobile Robotics, BALYO, Bastian Solutions LLC, Creform, Crown Equipment Corporation, Daifuku Co. Ltd, ELETTRIC80 SPA, Fetch Robotics Inc, GreyOrange, Hitech Robotic Systemz Ltd, inVia Robotics, Inc, Kollmorgen, KUKA AG, Meidensha Corporation, MIR, Oceaneering International Inc, Safelog, Schaefer Systems International Inc, Shenzhen Casun Intelligent Robot Co. Ltd, SIMPLEX ROBOTICS, Swisslog Holding AG, System Logistics Spa, Teradyne Inc, and Toyota Industries Corporation.

Manufacturers are continuously adopting new technologies to stay competitive in the market. Leading companies are focusing on innovations in packaging solutions, enhancing storage, improving safety and comfort, and boosting product creativity and productivity.

Strategic initiatives such as alliances, product launches, acquisitions, and capacity expansions are becoming increasingly common in this sector.

For example, in March 2022, Swisslog Holding and Berkshire Grey formed a partnership to introduce AI-enabled robotic solutions for global warehouse operations. This collaboration aims to enhance labor productivity and optimize order fulfillment, offering automation solutions for distribution, e-commerce, and retail industries.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7607

Segmentation of Market Research

  • By Towing Capacity :
    • Below 1000 lbs
    • 1000-2000 lbs
    • 2000-3000 lbs
    • 3000-4000 lbs
    • Above 4000 lbs
  • By Navigation Type :
    • Inductive Guidance
    • Laser Guidance
    • Magnetic Tape Guidance
    • Optical Tape Guidance
    • Vision Guidance
  • By Travel Speed :
    • Below 100 fpm
    • 100-200 fpm
    • 200-300 fpm
    • Above 300 fpm
  • By Direction :
    • Uni-Directional
    • Bi-Directional
    • Omnidirectional
  • By End-use Industry :
    • Aerospace & Defence
    • Automotive
    • Food & beverages
    • Healthcare & Hospitals
    • Industrial Manufacturing
    • Logistics & Warehouses
    • Retail & e-Commerce
    • Others
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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