The Unmanned Ground Vehicle (UGV) market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 7.1% during the forecast period to the latest analysis by Emergen Research. Increased demand for UGVs in civilian applications is one of the key factors driving market revenue growth. Civilian services include home use and rescue missions. Cleaning floors and harvesting crops are examples of home utilization. Unmanned Ground Vehicles (UGVs) are employed in rescue missions, such as in the event of a disaster. The requirement for perimeter and border protection has raised the demand for civilian applications. In addition, autonomous UGVs are used to detect persons and analyze catastrophe damage during search and rescue operations. The environment can harm humans, such as exposure to hazardous compounds and radioactive radiation during natural disasters. Such dangerous circumstances are effectively dealt with the support of autonomous UGVs, which enable fast location of victims, rapid evaluation of losses, and prompt operations in the affected regions without risking human safety. Increasing advancement in UGVs is a key trend driving the growth of the market. The Department of Science and Technology (DST) has approved a budget of Rs. 135 crore for the establishment of India's first autonomous navigation system testbed (Terrestrial and Aerial).

The Global Unmanned Ground Vehicle Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Unmanned Ground Vehicle Market studies the market scenario to offer growth projections for the Unmanned Ground Vehicle industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.

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Competitive Outlook: The leading companies operating in the Unmanned Ground Vehicle market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Unmanned Ground Vehicle Market and Profiled in the Report are:

Northrop Grumman Corporation, L3 Harris Technologies Inc., Autonomous Solutions, ICOR Technology, Lockheed Martin Corporation, Cobham PLC, RE2 Inc., QinetiQ, BAE Systems, Nexter System

Objectives of the Report:

Study of the global Unmanned Ground Vehicle market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Unmanned Ground Vehicle market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Unmanned Ground Vehicle market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Unmanned Ground Vehicle market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Operation Mode Outlook (Revenue, USD Billion; 2017-2027)

    • Autonomous
    • Remotely Operated
    • Tethered

  • Mobility Outlook (Revenue, USD Billion; 2017-2027)

    • Wheeled
    • Tracked
    • Legged
    • Hybrid

  • System Outlook (Revenue, USD Billion; 2017-2027)

    • Payloads
    • Navigation System
    • Controller System
    • Power System
    • Others

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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