Unmanned Ground Vehicles (UGV) Market:
The GMI Research expects the unmanned ground vehicles (UGV) market to expand at an increased rate. From a regional perspective, North America is expected to increase at a faster CAGR as the US is the biggest exporters, developers, and operators of unmanned military systems. Various economies are providing contracts to major players for the delivery of UGVs.
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Unmanned Ground Vehicles (UGV) Market Dynamics (including market size, share, trends, forecast, growth, and industry analysis)
Key Drivers
The strong demand in civilian applications which include supply chain, mining, agriculture, etc., and unique vehicle combat performance is a key driver stimulating the growth of the unmanned ground vehicles (UGV) market size. UGVs can be operated remotely and sent ahead of the army platoon to inspect the terrain as the technology allows to spot the enemy targets and neutralize them. As per unmanned ground vehicles (UGV) market report, these machines are used for identifying explosives and detonate them to decrease the chances of human casualties and improve mission performance. These factors are expected to drive the growth of the global unmanned ground vehicles (UGV) market.
It has its application in civilian operations, including rescue operations and home usage. Home usage like cleaning floors, harvesting crops, etc. Furthermore, these vehicles are used in rescue operations in situations of disaster. In addition to this, the increase in terrorist activities has created the requirement for UGV that have combat performance. These machines help to counter Improvised Explosive Devices (IED) and aid in countermine abilities. These functionalities play an important role in supporting the growth of the global unmanned ground vehicles (UGV) market.
Mode of Operation Segment Drivers
On the basis of mode of operation, the autonomous is projected to increase at a faster CAGR in the coming years as it enables self-sufficiency and can carry out operations and perform tasks without the need of human labor. Autonomous unmanned ground vehicles come with improved capabilities, such as autonomous path following & obstacle avoidance, secure control & communications, automatic target tracking & data compression in UGVs, which support the military in Surveillance, Reconnaissance, and Target Acquisition (RSTA) mission. Various enterprises are implementing autonomous UGVs like QinetiQ, Defense, and Oshkosh. All these factors are accelerating the market growth.
Unmanned Ground Vehicles (UGV) Market’s leading Manufacturers:
• FLIR Systems, Inc.
• Oshkosh Defense, LLC
• QinetiQ
• Northrop Grumman
• Lockheed Martin Corporation
• L3Harris Technologies, Inc.
• BAE Systems
• Rheinmetall AG
• DOK-ING
• ICOR Technology
Unmanned Ground Vehicles (UGV) Market Segmentation:
Segmentation by Mobility:
• Wheeled
• Tracked
• Legged
• Hybrid
Segmentation by Mode of Operation:
• Tele-Operated
• Autonomous
Segmentation by End-Use Sector:
• Military
• Commercial
Segmentation by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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