| Feature | AGV (Automated Guided Vehicle) | AMR (Autonomous Mobile Robot) | Noveltek Electric Forklift |
| Navigation | Fixed paths (magnetic tape, wires) | Dynamic navigation (SLAM, lidar, vision) | Operated manually, free-range navigation |
| Flexibility | Suited for simple, repetitive tasks | More flexible and intelligent for complex environments | Highly flexible, adaptable to various tasks |
| Initial Investment | High | High | Moderate, cost-effective for most businesses |
| Deployment Time | Long, requires significant setup | Short, can be quickly deployed | Immediate, simple setup, no additional infrastructure needed |
| Task Types | Ideal for linear, repetitive material handling | Suited for more diverse tasks, including warehousing, high-speed transport, and complex paths | Suitable for material handling, stacking, and complex operations |
| Return on Investment (ROI) | Long-term return | Long-term return | Quick return, ideal for businesses looking to boost efficiency in the short term |
| Infrastructure Requirements | Requires fixed infrastructure (magnetic tracks, wires) | No need for fixed paths, flexible in any environment | No major infrastructure changes required, works in existing setups |
| Maintenance Needs | Requires regular maintenance, dependent on fixed paths and systems | Low maintenance frequency, intelligent and self-diagnosing systems | Low maintenance, periodic checks, especially for batteries and motor parts |