Unmanned Ground Vehicles (UGV) Market Research Report
Global Unmanned Ground Vehicles (UGV) MarketThe GMI Research forecasts that the Unmanned Ground Vehicles (UGV) Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rising implementation of robots in areas impacted by chemical, biological, radiological, and nuclear defense (CBRN) attacks and the increasing demand for mechanized systems in commercial sectors.Introduction of the Unmanned Ground Vehicles (UGV) MarketAn unmanned ground vehicle (UGV) is a vehicle that functions while in contact with the ground and without an onboard human. UGVs are used for many applications where it may be inconvenient, dangerous, or impossible to have a human operator present.Key Players of the Global Unmanned Ground Vehicles (UGV) Market:FLIR Systems, Inc.Northrop GrummanDOK-INGLockheed Martin CorporationOshkosh Defense, LLCQinetiQBAE SystemsL3Harris Technologies, Inc.Rheinmetall AGICOR TechnologyUnmanned Ground Vehicles (UGV) Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)The Global unmanned ground vehicles (UGV) market is contemplated to experience a significant demand mainly because of the augmenting demand in civilian applications, like agriculture, mining, and supply chain. These machines help identify incendiary devices and trigger them to decrease human casualties and raise mission performance. UGVs can be moderately employed and sent ahead of the army platoon to examine the terrain as the technology allows spotting the enemy targets and neutralizing them. Moreover, these vehicles help rescue operations like during a disaster and counter Improvised Explosive Devices (IED). Furthermore, the rising cases of terrorism have stimulated the demand for impressive combat vehicle performance of UGV. All these functions play an important role in strengthening the unmanned ground vehicles (UGV) market size.Mode of Operation Segment DriversBased on the mode of operation, autonomous are projected to expand at a higher rate in the near future. The mode allows the self-reliance and has the potential to perform operations and tasks without any human intervention. The vehicles are lodged with better capabilities, including safe control & communications, automatic target tracking & data compression, and autonomous path following & obstacle avoidance which helps the military in Reconnaissance, Surveillance, and Target Acquisition (RSTA) mission. Many companies have introduced autonomous UGVs, including Oshkosh Defense and QinetiQ. Thus, all these factors will bolster the unmanned ground vehicles (UGV) market share.End-Use Industry Segment DriversOn the basis of the end-use sector, the military is expected to experience a higher growth owing to the progression of UGVs as the armed forces of many countries are using them to perform various missions. For example, the Russian military in 2018 uncovered its combat-tested Uran-9 robot tank in Syria. The technology has been successfully deployed across missions, which include clearing mines and improvised explosive devices (IEDs). In addition, they help to address chemical, biological, radiological, nuclear, explosive (CBRNE) threats, which further impel the market growth.Regional DriversBased on the region, North America is projected to grow at a higher CAGR in the coming years. This is because the US is the largest developer, exporter, and operator of unmanned military systems. Moreover, North American countries are allocating enormous contracts to leading players resulting in the expansion of the market to deliver UGVs with combat capabilities, including FLIR Systems, Inc, Lockheed Martin Corporation, L3Harris Technologies, Inc. For example, Endeavor Robotics, in 2019, was allotted a five-year contract from the US Army to sustain and develop the existent fleet of UGV platforms.Unmanned Ground Vehicles (UGV) Market Segmentation:Segmentation by MobilityWheeledTrackedLeggedHybridSegmentation by Mode of OperationTele-OperatedAutonomousSegmentation by End-Use SectorMilitaryCommercialSegmentation by Region:North AmericaUnited States of AmericaCanada Asia PacificChinaJapanIndiaRest of APACEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAERest of the world (remaining countries of the LAMEA region)About GMI ResearchGMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. 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 helping businesses stay ahead of the curve.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com