Best 3 AGV Battery Manufacturers by 2024

The automated guided vehicle (AGV) market is expanding rapidly as industries look to improve efficiency and productivity. A vital component of an AGV is its AGV battery, which powers these automated systems to perform various tasks. The choice of battery affects the performance, reliability, and longevity of the AGV, so selecting the right type is critical. This article explores the best AGV battery manufacturers, focusing on their production capabilities, product availability, and commitment to quality.

AGV Market Size

The AGV battery market is proliferating. According to Next Move Strategy Consulting, the global AGV market is projected to reach $4.8 billion by 2023, expanding further to $8.6 billion by 2030. Insight Partners provides a more optimistic forecast, estimating the market to be worth $4.53 billion in 2022 and projected to reach $5 billion by 2023, eventually growing to $11.85 billion by 2030 at a compound annual growth rate (CAGR) of 12.7%. Insight Partners provides a more optimistic forecast, estimating the market to be worth $4.53 billion in 2022, expected to reach $5 billion by 2023, and ultimately grow to $11.85 billion by 2030 at a compound annual growth rate (CAGR) of 12.7%.

Several factors are driving this growth. One of the key drivers is the growing demand for Automated Guided Vehicles (AGVs) for material handling to increase productivity. Asia Pacific (APAC) led the market, accounting for 33% of the total market share valued at $1.5 billion in 2022. This trend is expected to continue, and the APAC market is projected to reach $5 billion by 2030, growing at a high rate of 13.8%. Countries like China, Japan, South Korea, and Indonesia are leading this growth. For instance, China contributed $792.14 million in 2022 and is expected to reach $2.5 billion by 2030, growing at the highest CAGR of 15.4%.

The Importance of AGV Batteries for AGVs

The efficient operation of an Automated Guided Vehicle (AGV) relies heavily on the AGV battery. Choosing the correct battery is critical because it affects the performance, reliability, and overall productivity of the AGV. Types of Batteries Used in AGVs AGVs use various types of batteries, including lead-acid, nickel-metal hydride (NiMH), and lithium-ion batteries.

• Lead-acid batteries are traditional batteries that are inexpensive and reliable. However, lead-acid batteries are heavy, bulky, and take long to charge and maintain.
• NiMH batteries have a higher energy density, shorter charging time, and lighter weight. They are more environmentally friendly than lead-acid batteries but are more expensive and have self-discharge issues.
• Lithium-ion batteries have become the mainstream choice for AGVs. They offer higher energy density, longer life, and higher efficiency. Li-ion batteries are also lighter and smaller, making them ideal for AGVs that need to maximize space and minimize weight.

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

1. Communication Protocols: AGV batteries need to communicate with vehicle systems. Standard protocols include RS485, CANopen, CAN, RS232, Bluetooth, and UART. Selection depends on the specific requirements of the AGV.
2. Current capacity: Battery capacity ranges from 5Ah to 200Ah and should match the vehicle's load, distance traveled, and run time. AGVs typically use multiple battery modules connected in parallel or series to achieve the required capacity and voltage.
3. Voltage: The battery's rated voltage must match the motor's rated voltage. Typical voltages for AGV batteries include 24V, 48V, and 72V. At most, the total charge voltage should be the maximum AGV can handle.

Impact of Lithium Battery Technology Lithium battery technology has revolutionized the AGV industry. Lithium-ion and lithium iron phosphate batteries offer significant advantages such as high energy density, fast charging, and long cycle life. These advantages reduce downtime and increase productivity. Choosing the correct AGV battery ensures that AGVs operate efficiently and reliably, minimizing downtime and maximizing productivity. Reliable power sources, such as lithium-ion batteries, are essential to ensure the smooth and efficient operation of AGVs in demanding environments.

Best AGV Battery Manufacturer

KH litech

Kheng is a leading battery manufacturer based in China, known for its high-quality lithium-ion and lithium-iron-phosphate batteries. With over 13 years of experience in the industry, Keheng has become a reliable and innovative manufacturer for various industrial applications, including Automated Guided Vehicles (AGVs).

Unrivaled Production Capabilities Keheng 's production capabilities are impressive. Their factory produces up to 6MWh of cells and batteries per day. They assemble over 3,000 cells per day to ensure high production and quality. Their manufacturing plant is located in Shenzhen.

Diversified Product Offering Keheng Battery offers a wide range of LiFePO4 cells and Li-ion batteries from 6V to 72 V. These batteries are suitable for a variety of applications, including:

• Solar energy storage
• Lithium Forklift batteries
• Lithium Marine batteries
• Powerwall batteries
• Residential and industrial energy storage
• Uninterruptible Power Supplies (UPS)
• Automated Guided Vehicles (AGV) and Autonomous Mobile Robots (AMR)

Tailored to your needs: can customize products to meet specific customer needs. They offer customized battery solutions tailored to voltage, capacity, and design to ensure that each battery is precisely what the customer wants.

GLOBAL RECOGNITION: Certifications include UN38.3, IEC62133, UL, and CE, which prove the safety and reliability of their batteries.

10-Year Warranty Commitment: Guaranteeing the quality and durability of their products, they offer a 10-year warranty on their batteries.

Safety and functionality go hand in hand: the batteries are equipped with short-circuit protection, overcharge protection, and overcurrent prevention. In addition, the batteries are designed to withstand severe shock and offer flexible connection options.

Temperature performance: They work best over 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 that recommended charging temperature guidelines be followed to maintain optimum performance.

Setting the Efficiency Benchmark: LiFePO4 batteries boast an impressive 95% efficiency rating.

EnerSys, Inc.

EnerSys is a top global provider of energy storage solutions based in the United States. They specialize in manufacturing batteries for industrial applications, including AGV battery systems. EnerSys offers a wide range of batteries, with lithium-ion battery options being one of their most advanced products designed to meet the stringent requirements of AGVs.

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

EnerSys' lithium-ion battery technology stands out for its high energy density, long life, and low maintenance requirements. These attributes are critical for AGVs, which require a reliable, efficient power source to operate consistently and effectively. Li-ion batteries are lighter and more compact than traditional batteries, making them ideal for AGVs that need to maximize space and reduce weight.

For the fourth quarter of fiscal year 2023, EnerSys reported net sales of $990 million, an increase of 9 percent over the prior year. Operating profit for the quarter was $95 million, up 114 percent, and adjusted operating profit was $107 million, up 60 percent. The solid financial performance demonstrates EnerSys' strong market position and the quality of its energy solutions.

EnerSys also emphasizes sustainability. In 2022, they report 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' order backlog of $1.3 billion, down slightly by 7%, is still double the pre-epidemic level. This steady demand underscores the reliability and efficiency of its battery solutions. Its record diluted earnings per share (EPS) of $1.59 increased 137 percent, and adjusted diluted EPS of $1.82 increased 52 percent.

EnerSys' focus on advanced lithium battery technology and commitment to sustainability has made it a market leader in AGV batteries. Their strong financial performance and continued innovation ensure that they remain at the forefront of the industry, providing reliable and efficient power solutions for AGVs worldwide.

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

Exide Technologies

Exide Technologies, founded in 1888, is one of the world's largest manufacturers of lead-acid batteries. Headquartered in the USA, Exide provides energy storage solutions to over 100 countries. Their range of batteries includes options designed explicitly 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 its significant market presence. They have a solid global footprint, with operations in over 14 countries and 43 production facilities. Their Asia-Pacific headquarters is 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. These 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.