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Automatic Guided Vehicles in the US Procurement Price, Data and Insights
Automatic guided vehicles (AGVs) transport products without human intervention in warehouse, distribution, production, and logistic environments. AGVs are also relied on to move freight in sea, air, road, and rail transportation industries. Buyers of AGVs include manufacturers of food and beverages, automobiles, chemicals, paper, and pharmaceuticals.
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What’s included in this market coverage
IBISWorld's research coverage on the Automatic Guided Vehicles procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Automatic Guided Vehicles market in the United States includes Towing (Tugger) AGVs, Unit Load AGVs, Pallet Truck AGVs, Forklift AGVs and Unidirectional Towing AGVs. Standard coding in this coverage includes HS-8427108060-Automated Guided Vehicles (Agv) Fitted With Lifting Or Handling Equipment, ISIC-2816-Manufacture of lifting and handling equipment, NACE-28.22-Manufacture Of Lifting And Handling Equipment, NAICS-333920-Material handling equipment manufacturing and UNSPSC-24102300-Automatic guided vehicles AGV.
What common market terminology is included?
Common market terminology included in the Automatic Guided Vehicles procurement coverage includes Material Handling (The process of moving, storing and controlling any number of goods and products throughout the various stages of production and distribution.), Standalone System (A unit that is not able to interact or communicate with other automated units that are under one common platform.), Integrated System (A unit that is capable of interacting and communicating with other automated units that are under one common platform.), Vision-Guidance System (A type of AGV navigation that relies upon the use of cameras to take images and develop a 3-D map for the unit to maneuver without assistance.) and Geo-Guidance System (A type of AGV navigation that uses the unit's surrounding environment as fixed references to position the unit in real time to determine its route with the assistance of a supervisor.).
What companies are included as top suppliers?
The top companies covered in the Automatic Guided Vehicles procurement report as suppliers are Savant Automation Inc., Scott Systems International, Inc., Murata Machinery Ltd., Creform Corporation and Bastian Solutions LLC.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Automatic Guided Vehicles market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per vehicle, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Automatic Guided Vehicles market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Automatic Guided Vehicles procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Automatic Guided Vehicles market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Automatic Guided Vehicles market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Automatic Guided Vehicles?
The 2026 benchmark market price for Automatic Guided Vehicles is $88960 per vehicle. Prices have increased at a CAGR of 3.23 from 2023-26.
Who are the top vendors in the Automatic Guided Vehicles market?
The top vendors in the Automatic Guided Vehicles market include Savant Automation Inc., Scott Systems International, Inc., Murata Machinery Ltd., Creform Corporation and Bastian Solutions LLC.
What industries supply the Automatic Guided Vehicles market?
The top industries supplying the Automatic Guided Vehicles market are Electrical Equipment Manufacturing in the US, Metalworking Machinery Manufacturing in the US, Engine & Turbine Manufacturing in the US, Metal Stamping & Forging in the US, Iron & Steel Manufacturing in the US, Iron Ore Mining in the US, Software Publishing in the US and Operating Systems & Productivity Software Publishing in the US.
What is the supply chain risk for Automatic Guided Vehicles?
Low market concentration limits buyer options and reduces negotiation leverage. The AGV market is dominated by a small number of large suppliers, leaving buyers with fewer alternatives. This concentration reduces competitive pressure and constrains buyers' ability to negotiate favorable pricing or contract terms. Buyers in the United States must carefully evaluate vendor reliability, total cost of ownership, and service capabilities. Strategic sourcing should include thorough due diligence, performance-based contracts, and consideration of multi-year agreements to mitigate dependency on dominant vendors.
What factors affect the price of Automatic Guided Vehicles?
AGVs designed to handle heavier loads (e.g., up to 6,600 lbs) require more robust frames, stronger drive motors, and enhanced braking systems, driving up engineering complexity and final costs.
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