North America Automated Guided Vehicle (AGV) Market Share

Market Share of North America Automated Guided Vehicle (AGV) Industry

The North American automated guided vehicle market is competitive and consists of several major players. These major players with a prominent market share focus on mergers and acquisitions, partnerships, and expanding customer base across foreign countries. They are also leveraging strategic collaborative initiatives to increase their profitability.

In March 2023, Mitsubishi Logisnext Americas group announced the launch of its new Jungheinrich EKX 516ka / 516a (AGV) Automated High-Rack Stacker. It provides a powerful & versatile solution for high-density storage and narrow aisle operations. It also boasts a fully automated, full-pallet storage and retrieval system and 24/7 operation, maximizing efficiency and productivity.

In January 2023, Barcoding, Inc., a leader in supply chain efficiency, accuracy, and connectivity, announced its acquisition of FRED Automation, Inc., an automated guided vehicle (AGV) company, representing continued expansion and expansion investment in industrial automation for Barcoding, Inc.

North America Automated Guided Vehicle (AGV) Market Leaders

1. John Bean Technologies Corporation

2. Seegrid Corporation

3. Toyota Material Handling

4. Swisslog Holding AG (KUKA AG)

5. Daifuku Co. Ltd

*Disclaimer: Major Players sorted in no particular order