Seaports Experience Uptick in AGV Deployment to Alleviate Congestion

Aug 30, 2023

AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26% from 2022-2030 and exceed 370,000 global deployments by 2027, according to new ABI Research.

The maritime industry is experiencing an uptick in deployment of autonomous guided vehicles (AGV) in order to alleviate global seaport congestion.

In fact, AGV seaport deployments worldwide will have a compounded annual growth rate (CAGR) of over 26% from 2022-2030 and exceed 370,000 global deployments by 2027, according to new ABI Research.

“Automation improves port operations' reliability, consistency, and workplace security. Also, from an environmental perspective, automation can lead to efficient operations and faster services. Automated ports are also far safer than conventional ports. The number of human-related disruptions falls as performance becomes more predictable with automation and data capture solutions,” says Adhish Luitel, supply chain management and logistics senior analyst at ABI Research.

From PR Newswire:

“Automation in various modalities, despite its benefits, can also bring costs of which supply chain managers might need to be wary. Although automation can streamline workflows and make tasks easier in the long run, they come at the expense of initial potential productivity losses that come with equipping workers with the right skillsets to operate and maintain these solutions. So, there is a change management aspect of which managers and authorities must be more mindful,” Luitel says.