UK Automated Guided Vehicle Market Size & Outlook

The automated guided vehicle market in UK is expected to reach a projected revenue of US$ 472.4 million by 2030. A compound annual growth rate of 7.9% is expected of UK automated guided vehicle market from 2024 to 2030.
Revenue, 2023 (US$M)
$277.4
Forecast, 2030 (US$M)
$472.4
CAGR, 2024 - 2030
7.9%
Report Coverage
UK

UK automated guided vehicle market highlights

  • The UK automated guided vehicle market generated a revenue of USD 277.4 million in 2023 and is expected to reach USD 472.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
  • In terms of segment, tow vehicle was the largest revenue generating vehicle type in 2023.
  • Unit Load Carrier is the most lucrative vehicle type segment registering the fastest growth during the forecast period.

Automated guided vehicle market data book summary

Market revenue in 2023USD 277.4 million
Market revenue in 2030USD 472.4 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentTow vehicle
Fastest growing segmentUnit Load Carrier
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTow Vehicle, Unit Load Carrier, Pallet Truck, Forklift Truck, Hybrid Vehicles
Key market players worldwideSwisslog, Daifuku Co Ltd, Toyota Industries Corp, Hyster-Yale Materials Handling Inc Class A, SSI Schaefer Systems International North America, Egemin Automation, Bastian Solutions, Dematic, JBT, Seegrid, Balyo, E & K Automation, Kollmorgen Automation, KMS Mobility Solutions, Elettric 80, Fetch Robotics, inVia Robotics, Locus Robotics, System Logistics

Other key industry trends

  • In terms of revenue, UK accounted for 5.7% of the global automated guided vehicle market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany automated guided vehicle market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 346.5 million by 2030.

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Automated Guided Vehicle Market Companies

Name Profile # Employees HQ Website

UK automated guided vehicle market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated guided vehicle market will help companies and investors design strategic landscapes.


Tow vehicle was the largest segment with a revenue share of 38% in 2023. Horizon Databook has segmented the UK automated guided vehicle market based on tow vehicle, unit load carrier, pallet truck, forklift truck, hybrid vehicles covering the revenue growth of each sub-segment from 2017 to 2030.


  • UK Automated Guided Vehicle Vehicle Type Outlook (Revenue, USD Million, 2017-2030)
    • Tow Vehicle
    • Unit Load Carrier
    • Pallet Truck
    • Forklift Truck
    • Hybrid Vehicles
    • Others
  • UK Automated Guided Vehicle Navigation Technology Outlook (Revenue, USD Million, 2017-2030)
    • Laser Guidance
    • Magnetic Guidance
    • Vision Guidance
    • Inductive Guidance
    • Natural Navigation
    • Others
  • UK Automated Guided Vehicle Application Outlook (Revenue, USD Million, 2017-2030)
    • Logistics and Warehousing
      • Cold Storage
      • Transportation
      • Wholesale & Distribution
      • Cross-Docking
    • Assembly
    • Packaging
    • Trailer Loading and Unloading
    • Raw Material Handling
    • Others
    • Pick & Place
    • Handling
    • Quality Testing
    • Machine Tending
    • Gluing & Welding
  • UK Automated Guided Vehicle Component Outlook (Revenue, USD Million, 2017-2030)
    • Hardware
    • Software
    • Service
  • UK Automated Guided Vehicle Battery Type Outlook (Revenue, USD Million, 2017-2030)
    • Lead Battery
    • Lithium-Ion Battery
    • Nickel-based Battery
    • Others
  • UK Automated Guided Vehicle End Use Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Electronics
    • Pharmaceuticals
    • Others

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Target buyers of UK automated guided vehicle market databook

  • Our clientele includes a mix of automated guided vehicle market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK automated guided vehicle market , including forecasts for subscribers. This country databook contains high-level insights into UK automated guided vehicle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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UK automated guided vehicle market size, by vehicle type, 2017-2030 (US$M)

UK Automated Guided Vehicle Market Outlook Share, 2023 & 2030 (US$M)

UK automated guided vehicle market size, by vehicle type, 2017-2030 (US$M)

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