Best 3 AGV Battery Manufacturers 2024

The market for Automated Guided Vehicles (AGVs) is expanding rapidly as industries look to improve efficiency and productivity. A critical component of AGVs is their AGV battery, which powers these automated systems to perform various tasks. The choice of battery affects the performance, reliability, and lifespan of AGVs, making it essential to select the right type. This article explores the best AGV battery manufacturers, focusing on their production capabilities, product offerings, and commitment to quality.

AGV Market Size

The AGV battery market is growing rapidly. According to Next Move Strategy Consulting, the global market for AGVs is projected to reach $4.8 billion by 2023 and expand further to $8.6 billion by 2030. Insight Partners provides a more optimistic outlook, estimating the market was valued at $4.53 billion in 2022 and expects it to hit $5 billion in 2023, eventually growing to $11.85 billion by 2030 with a compound annual growth rate (CAGR) of 12.7%.

Agv market size - manly

Several factors are driving this growth. One significant driver is the increasing demand for automated guided vehicles (AGVs) in material handling to improve productivity. In 2022, the Asia-Pacific (APAC) region led the market, accounting for 33% of the total market share, valued at $1.5 billion. This trend is expected to continue, with the APAC market projected to reach $5 billion by 2030, driven by a high growth rate of 13.8%. Countries like China, Japan, South Korea, and Indonesia are leading this growth. For instance, China, which contributed $792.14 million in 2022, is expected to reach $2.5 billion by 2030, with the highest CAGR of 15.4%.

Agv market size - manly

Europe is the second-largest market, valued at $1.3 billion in 2022, with a growth rate of 11.8%. It is projected to reach $3.2 billion by 2030, driven by the rise of e-commerce and automated warehouse solutions. Western Europe, in particular, is expected to have a high market concentration due to its significant share in B2C platform revenue.

The Importance of AGV Battery to AGVs

Automated Guided Vehicles (AGVs) rely heavily on their AGV battery for efficient operation. Choosing the right battery is crucial because it impacts the performance, reliability, and overall productivity of AGVs.

Battery Types Used in AGVs

AGVs use various types of batteries, including lead-acid, nickel-metal hydride (NiMH), and lithium-ion battery.

  • Lead-acid batteries are traditional, cost-effective, and reliable. However, they are heavy, bulky, and require long charging times and maintenance.
  • Nickel-metal hydride batteries offer higher energy density and shorter charging times compared to lead-acid batteries. They are also lighter and more environmentally friendly, but they are more expensive and have self-discharge issues.
  • Lithium-ion batteries have become the mainstream choice for AGVs. They provide higher energy density, longer lifespan, and greater efficiency. Lithium-ion batteries are also lighter and smaller, making them ideal for AGVs that need to maximize space and minimize weight.

Factors to Consider When Choosing AGV Batteries

When selecting an AGV battery, several factors must be considered to ensure optimal performance:

  1. Communication Protocols: AGV batteries need to communicate with the vehicle’s system. Common protocols include RS485, CANopen, CAN, RS232, Bluetooth, and UART. The choice depends on the specific requirements of the AGV.
  2. Current Capacity: The battery capacity, ranging from 5Ah to 200Ah, should match the vehicle’s load, travel distance, and operational hours. AGVs often use multiple battery modules in parallel or series to achieve the needed capacity and voltage.
  3. Voltage: It is essential to match the battery’s rated voltage with the motor’s rated voltage. Typical voltages for AGV batteries include 24V, 48V, and 72V. The full-charge voltage should not exceed the maximum voltage that the AGV can handle.

Impact of Lithium Battery Technology

Lithium battery technology has revolutionized the AGV industry. Lithium-ion batteries and LiFePO4 batteries offer significant benefits such as high energy density, quick charging, and long cycle life. These advantages reduce downtime and increase productivity.

Selecting the right AGV battery ensures that the AGVs operate efficiently and reliably, minimizing downtime and maximizing productivity. Reliable power sources, like lithium-ion batteries, are essential for keeping AGVs running smoothly and efficiently in demanding environments.

Best AGV Battery Manufacturers

Enersys - manly


EnerSys is a top global provider of stored energy solutions, based in the USA. They specialize in batteries for industrial applications, including AGV battery systems. EnerSys offers a variety of batteries, with lithium-ion battery options being among their most advanced products designed specifically for the rigorous demands of AGVs.

In the fiscal year 2023, EnerSys achieved record net sales of $3.7 billion, a 10% increase from the previous year. Their operating profit reached $278 million, up 35%, and adjusted operating profit was $322 million, up 22%. These numbers highlight the strong demand for their products and the company’s ability to meet market needs effectively.

EnerSys’s lithium-ion battery technology stands out due to its high energy density, long life cycles, and low maintenance needs. These features are crucial for AGVs, which require reliable and efficient power sources to operate continuously and effectively. Lithium-ion batteries are lighter and more compact than traditional batteries, making them ideal for AGVs that need to maximize space and minimize weight.

In the fourth quarter of the fiscal year 2023, EnerSys reported net sales of $990 million, an increase of 9% from the previous year. Their operating profit for the quarter was $95 million, up 114%, and adjusted operating profit was $107 million, up 60%. This strong financial performance indicates EnerSys’s robust market position and the high quality of their energy solutions.

EnerSys also emphasizes sustainability. In 2022, they reported a 4% reduction in global greenhouse gas emissions compared to 2021. This commitment to sustainability is reflected in their product development and operational practices.

Additionally, EnerSys’s backlog of orders stood at $1.3 billion, although slightly reduced by 7%, it remains double the pre-pandemic levels. This steady demand underscores the reliability and efficiency of their battery solutions. Their diluted earnings per share (EPS) hit a record $1.59, up 137%, with an adjusted diluted EPS of $1.82, up 52%.

EnerSys’s focus on advanced lithium battery technology and their commitment to sustainability make them a leader in the AGV battery market. Their strong financial performance and continuous innovation ensure they remain at the forefront of the industry, providing reliable and efficient power solutions for AGVs globally.

In summary, EnerSys is a leading lithium battery manufacturer that offers high-quality, reliable, and efficient energy solutions for AGVs. Their advanced lithium-ion battery technology, strong market presence, and commitment to sustainability make them one of the best AGV battery manufacturers in the industry.

Exide technologies - manly

Exide Technologies

Exide Technologies, founded in 1888, is one of the largest manufacturers of lead-acid batteries in the world. Headquartered in the USA, Exide provides energy storage solutions to over 100 countries. Their wide range of batteries includes options specifically designed for Automated Guided Vehicles (AGVs).

Exide Technologies offers both lead-acid and lithium-ion batteries. Their lithium-ion batteries are well-suited for AGVs due to their high energy density, longer lifespan, and efficiency. These batteries help AGVs operate more efficiently, reducing downtime and maintenance needs. Lead-acid batteries, while more traditional, are also a reliable and cost-effective option, especially in applications where weight and size are less critical.

In 2008, Exide Technologies reported annual sales of approximately $4 billion, showcasing their significant market presence. They have a strong global footprint, with operations in over 14 countries and 43 production facilities. Their Asia-Pacific headquarters is located in Shanghai, China, with additional facilities in Australia, New Zealand, and India.

Exide’s products are used in various industries, including transportation, power supply, network power, and military applications. Their well-known brands, such as GNB and Sonnenschein®, enjoy a long-standing reputation for quality and reliability.

For AGVs, Exide’s batteries provide the necessary power and reliability to ensure smooth and efficient operation. Their lithium-ion batteries are particularly beneficial for automated material handling equipment, offering fast charging times and long service life, which are crucial for minimizing downtime and maximizing productivity in industrial settings.

In conclusion, Exide Technologies stands out as a top manufacturer of AGV batteries, offering a range of solutions that meet the diverse needs of industrial applications. Their extensive experience, global reach, and commitment to quality make them a trusted name in the industry.

Manly battery: best lithium and lifepo4 battery manufacturers, supplier & oem - manly

MANLY Battery

MANLY Battery is a leading battery manufacturer based in China, known for its high-quality lithium-ion batteries and LiFePO4 batteries. With over 13 years of experience in the industry, MANLY Battery has established itself as a reliable and innovative producer, meeting the demands of various industrial applications, including Automated Guided Vehicles (AGVs).

Unrivalled Production CapacityMANLY Battery’s production capabilities are impressive. Each day, their factories produce battery cells and packs amounting to a massive 6MWh. They assemble over 3,000 batteries daily, ensuring both high volume and high quality. Their manufacturing facilities, located in Shenzhen, Dongguan, and Huizhou, span a total of 65,000 square meters, showcasing their significant production scale.

Versatile Product OfferingsMANLY Battery offers a wide range of LiFePO4 batteries and lithium-ion batteries, with voltages ranging from 6V to 72V. These batteries are designed for a variety of applications, including:

  • Solar energy storage
  • Residential and industrial energy storage
  • Advanced robotics, including storage and military robots
  • Base station support
  • Solar street lighting
  • Uninterruptible Power Supplies (UPS)
  • Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs)

Tailored to Your NeedsOne of the standout features of MANLY Battery is their ability to customize their products to meet specific client needs. They offer bespoke battery solutions that can be tailored in terms of voltage, capacity, and design, ensuring that each battery perfectly matches the client’s requirements.

Global RecognitionsMANLY Battery’s commitment to quality is reflected in the numerous global certifications their products have received. These include UN38.3, IEC62133, UL, and CE certifications, which attest to the safety and reliability of their batteries.

Decade-long Warranty CommitmentMANLY Battery stands by the quality and durability of their products, offering a 10-year warranty on their batteries. This long-term warranty demonstrates their confidence in the longevity and performance of their batteries.

Safety and Functionality Hand in HandSafety is a top priority for MANLY Battery. Their batteries come equipped with features such as short circuit protection, overcharge safeguards, and overcurrent preventions. These safety measures ensure that the batteries remain safe to use under various conditions. Additionally, the batteries are designed to withstand severe impacts and offer flexible connection options.

Performance Under PressureMANLY Battery’s LiFePO4 batteries are built to perform in harsh environments. They operate optimally within a temperature range of -20°C to 75°C (-4°F to 167°F). This wide temperature range makes them suitable for various industrial applications, including those in extreme conditions. However, it is recommended to adhere to the advised temperature guidelines for charging to maintain peak performance.

Setting Efficiency BenchmarksMANLY Battery’s LiFePO4 batteries boast an impressive energy efficiency rate of 95%. This is significantly higher than the traditional lead-acid batteries, which typically offer around 70% efficiency. This higher efficiency translates to faster charging times and lower energy consumption, providing significant benefits for AGV applications.

Innovative User ExperienceTo enhance user experience, MANLY Battery incorporates modern features such as Bluetooth connectivity and an intuitive battery level display. These features provide users with real-time information about battery status and performance, making it easier to manage and maintain the batteries.

In conclusion, MANLY Battery is a top choice for AGV battery solutions. Their extensive production capacity, versatile product offerings, and commitment to quality and safety make them a reliable partner for industrial energy storage needs. With their innovative features and high efficiency, MANLY Battery’s products are well-suited to meet the demanding requirements of AGVs.

Conclusion: Choosing the Right AGV Battery Manufacturer

Selecting the right AGV battery is crucial for the optimal performance of automated guided vehicles. Leading manufacturers like EnerSys, Exide Technologies, and MANLY Battery offer advanced lithium-ion battery and LiFePO4 battery solutions that provide high energy density, long life, and efficient power management. These companies stand out due to their strong production capabilities, global reach, and commitment to innovation and sustainability. By choosing a reliable AGV battery manufacturer, businesses can ensure their AGVs operate smoothly and efficiently, maximizing productivity and reducing downtime.

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